The offering of Superior Strength Carbon Nanotubes to Foster the Growth of the Global Carbon Nanotube Market

The global carbon nanotubes market is anticipated to grow at a considerable CAGR of 13.8% during the forecast period (2021-2027). The carbon nanotubes are extremely small and light-weighted material with better strength and conductivity than conventional metals. Hence, the high demand for carbon nanotubes to replace conventional metals in several end-user industry verticals is anticipated to drive the growth of the global carbon nanotube market. To gain on the opportunity key players operating in the global carbon nanotube market had been adopting a production capacity expansion strategy to gain major market share in the global market. 

Browse the full report description Global Carbon Nanotube Market Research By Structure (Single-Walled Carbon Nanotubes and Multi-Walled Carbon Nanotubes), By End-User Industry (Electronics, Automobile, Aviation & Aerospace, Polymer and Other) and Forecast 2021-2027 at https://www.omrglobal.com/industry-reports/carbon-nanotube-market

For instance, in April 2020, LG Chem had notified to invest around $53.0 million for expanding the production of carbon nanotubes to around 1,200 tons at its Yeosu plant which is located in South Korea by next quarter 1. Through this expansion, the company will be in the state to do a total production capacity of 1,700 tons. Not only this expansion will target the global electric vehicle market however it will also be useful to boost conductivity by about 10.0% when it is compared with existing carbon black. Additionally, it will also lead to reducing the amount of conductive materials usage by around 30% that space can be filled with additional materials of the electrode.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- 

o By Structure

o By Method

o By Application

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape - Arkema Group., FutureCarbon GmbH, Hanwha Group, Jiangsu Tiannai Technology Co., Ltd., LG Chem, Ltd., Mitsubishi Chemical Corp., and Toray Industries, Inc.

• Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Carbon Nanotube Market 

By Structure

• Single-Walled Carbon Nanotubes
• Multi-Walled Carbon Nanotubes 

By End-User Industry

• Electronics
• Automobile
• Aviation & Aerospace
• Polymer
• Other

Global Carbon Nanotube Market by Region