Growing Awareness of the Benefits of the Multi-Wall Carbon Nanotube (MWCNT) Market

Published: Sep 2023

The global multi-wall carbon nanotube market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. Companies around the world are becoming increasingly aware of the benefits of using MWCNTs in their products. MWCNTs can be used to create stronger, lighter, and more durable products. They can also be used to develop new and innovative products. This growing awareness of the benefits of MWCNTs is driving the demand for MWCNTs in all sectors. MWCNTs are used in a variety of electronic devices, such as smartphones, tablets, laptops, and televisions. MWCNTs can be used to create stronger, lighter, and more durable electronic components, such as transistors, capacitors, and batteries. For example, Tesla is using MWCNTs in the batteries of its electric vehicles to improve their energy density and range. Apple is using MWCNTs in the displays of its iPhones and iPads to make them more durable and versatile. IBM is using MWCNTs in its semiconductors to make them more powerful and efficient. 

Browse the full report description of “Multi-Wall Carbon Nanotube Market Size, Share & Trends Analysis Report Market by Application (Electronics, Energy, Materials, and Others) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/multi-wall-carbon-nanotube-market

MWCNTs are used in a variety of materials applications, such as composites, films, and coatings. MWCNTs can be used to create stronger, lighter, and more durable materials. For example, Boeing is using MWCNTs in the composites that are used to build its airplanes to make them lighter and more fuel-efficient. Hanwha has launched a new range of MWCNT-based composites for use in the automotive and aerospace industries. MWCNTs are used in a variety of energy applications, such as batteries, solar cells, and fuel cells. MWCNTs can be used to develop more efficient and durable energy storage and conversion devices. For example, SunPower is using MWCNTs in its solar cells to make them more efficient and durable. LG Chem is partnering with Hyundai Motor Company to develop MWCNT-based batteries for electric vehicles with longer ranges. Dyson is using MWCNTs in the motors of its vacuum cleaners to make them more powerful and efficient. Samsung is using MWCNTs in the displays of its foldable smartphones to make them more durable. Volkswagen is using MWCNTs in the batteries of its electric vehicles to improve their energy density and range. Siemens is using MWCNTs in its wind turbines to improve their efficiency and durability. GE is using MWCNTs in its water purification systems to improve their ability to remove contaminants.

Market Coverage

The market number available for – 2023-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape includes Arkema Grp., Hanwha Corp., Hyperion Catalysis International, Inc., Nanocyl S.A., and Resonac Holdings Corp. (Showa DENKO K.K.), among others.

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?

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Multi-Wall Carbon Nanotube Market Report Segment

By Application

  • Electronics
  • Energy
  • Materials
  • Others (Medical Devices, Water Purification Systems)

Global Multi-Wall Carbon Nanotube Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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