The nanotubes market is expected to be growing at a growth rate of 15.44% in the forecast period of 2021 to 2028 due to the rising application scope of the construction and automotive industries in emerging economies.
Data Bridge Market Research report on the nanotubes market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
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Carbon nanotubes (CNTs) are one-dimensional allotropes of carbon made by rolling sheet of graphene, an advanced material that can be engineered for several applications. Its exclusive properties have attracted significant research interest since its initial discovery. Based on the number of graphene sheets used, CNTs are of two types, single-walled CNTs (SWCNTs) and multi-walled CNTs (MWCNTs).
Major factors that are expected to boost the growth of the nanotubes market in the forecast period are the rise in the demand for lightweight structural polymer composites, conductive fillers for EMI shielding materials and antistatic packaging from automotive. Furthermore, the advancing demand in the developing countries, increase in the end-use industries such as electrical and electronics and the growing demand for light weight and low carbon emitting vehicles are few of the factors further anticipated to propel the growth of the nanotubes market in the coming years.
The nanotubes market is segmented on the basis of type, method and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the nanotubes market is segmented into single-walled carbon nanotubes (SWCNTS), multi-walled carbon nanotubes (MWCNTS),
- On the basis of method, the nanotubes market is segmented into physical process, chemical process, miscellaneous process, chemical vapour deposition (CVD), others.
- On the basis of application, the nanotubes market is segmented into electronics and semiconductors, chemical and polymers, others
The nanotubes market is analysed and market size, volume information is provided by country, method as referenced above.
Asia Pacific dominates the nanotubes market due to the increasing of the polymer industry. Furthermore, the escalating of the electronics manufacturing will further boost the growth nanotubes market in the region during the forecast period.
North America in projected to observe significant amount of growth in the nanotubes market due to the sturdy manufacturing base of engineered polymers such as PEEK and PEI. Moreover, the government of Mexico announced the National Infrastructural Plan for encouraging the development in the energy and electronics sectors which is further anticipated to propel the growth of the nanotubes market in the region in the coming years.
- Thorough examination of prevailing market tendencies
- Updates on the latest product advancements and innovations
- Nanotubes Market's Compound Annual Growth Rate (CAGR) for both historic and forecasted years
- Strategies and activities of prominent players and brands in the field
- Insights into the industry landscape for emerging participants