AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Access Full Summary @ https://www.alliedmarketresearch.com/carbon-nanotube-market
Drivers, restraints, and opportunities
Increasing demand in the electricals & electronics industries, growing demand from the Asia-Pacific region, surge in penetration in the aerospace & defense sector have boosted the growth of the global carbon nanotubes market. Moreover, wide acceptance of MWCNTs, significant investment in R&D, and rise in demand for renewable energy sources supplemented the market growth. However, high production cost of SWCNT and increasing demand for inorganic and boron nitride nanotubes hamper the market. On the contrary, rising healthcare market in the Asia-Pacific region and growing penetration in the automotive industry are expected to create lucrative opportunities for the market players in the coming years.
Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/1519
The aerospace & defense segment is expected to manifest the highest CAGR through 2027
By end user, the aerospace & defense segment is anticipated to portray the highest CAGR of 12.7% during the forecast period, owing to growing demand for lightweight structural components and electronic packaging for aircrafts, communications systems, and aerospace applications. However, the automotive segment held the largest share in 2019, accounting for nearly one-third of the global carbon nanotubes market, due to use of CNTs in automobile fuel systems, braking components, and tire reinforcement.
Asia-Pacific, followed by North America, held the lion’s share
By region, the global carbon nanotubes market across Asia-Pacific, followed by North America, held the largest share in 2019, contributing to nearly half of the market. Moreover, the region is expected to portray the highest CAGR of 11.6% during the forecast period, due to presence of vast manufacturing base in countries such as China, Japan, Australia, and India. The research also offers a detailed analysis of regions including North America, Europe, and LAMEA.
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/carbon-nanotube-market/purchase-options
Major market players
Arkema Group Cheap Tubes Inc. Chasm Advanced Materials Inc. Futurecarbon GmbH Cnano Technology Limited Klean Industries Inc. Hyperion Catalysis International Nano-C Inc. LG Chem Nanocyl SA OCSiAl Toray Industries, Inc.
𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬
Recycled Carbon Fiber Market: https://www.alliedmarketresearch.com/recycled-carbon-fiber-market-A53565
Carbon Dioxide Market:https://www.alliedmarketresearch.com/carbon-dioxide-market-A39509
Carbon Monoxide Market:https://www.alliedmarketresearch.com/carbon-monoxide-market-A311694
David Correa
Allied Market Research
+ 1800-792-5285
email us here
Visit us on social media:
LinkedIn
Facebook
YouTube
X
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
