Carbon Nano-Materials have gained importance due to the unique combination of electrical, thermal, chemical, and mechanical properties they possess, and have found applications in diverse areas such as composite materials, energy storage and conversion, sensors, drug delivery, field emission devices and nanoscale electronic components. Carbon nanotubes are less than 100 nanometers in diameter and can be as thin as 1 or 2 nm. They open a far-fetched array of applications which include materials science, chemical processing, electronics, energy management and others. Multi-walled carbon nanotube is a variant of carbon nanotubes which exhibit excellent mechanical, thermal and electrical properties.
Research is being done at a rapid pace to increase the use of carbon nanotubes into various industry needs and Electronics. The multi-wall carbon nanotubes are mostly suitable for applications where high strength to weight ratio is vital, such as the automotive and aerospace industries. Major types of multi-wall carbon nanotubes commercially available are short-length multi-walled carbon nanotubes, graphitized multi-walled carbon nanotubes and more. The report also focuses on different geographic regions and the key countries in terms of changing trends in multi-wall carbon nanotubes market in various fields.
Many recent research efforts have been geared toward incorporating carbon nanotubes into various materials to utilize their multi-functional nature which are electrical and thermal conductivity as well as optical properties. Rather than focusing purely on composite mechanical strength. For example, the excellent electrical properties of carbon nano-tubes are coupled with their nanoscaled dimensions which are of great interest in electronics for the construction of nanoscale electronic circuits.
The field of biomedical engineering has also embraced the growing popularity and influence of multi-walled carbon nanotubes in recent years, owing to its several applications that heavily rely on the performance of biomaterials. Multi-walled carbon nanotubes have been widely regarded as highly attractive biomaterials due to their multi-functional nature.
The End user or application industry is the major driver for the multi-walled carbon nanotubes market to grow. Multi-walled carbon nanotubes find their applications in various segments like automotive, aerospace, textile & fibers, electronic & semiconductors and others. North America dominated the global multi-walled carbon nanotubes market. The Industrial development in this region is all set to drive the demand of multi-walled carbon nanotubes. Major players involved in this market are mainly concentrating on R&D initiatives and new product developments to cater the needs of customers. Moreover, increasing electronics & semiconductor industry will directly impact the demand of the multi-walled carbon nanotubes over the forecast period.
U.S multi-walled carbon nanotubes market is all set to witness considerable growth over the forecast time line owing to the presence of strict norms and large number of industries. However, APAC multi-walled carbon nanotubes market is likely to exhibit substantial growth prospects owing to rising adoption of these products across this region.
The global multi-walled carbon nanotubes market is evaluated based on key attributes such as types, application and geography. Each of the segmentations in the report has been studied to give comprehensive analysis of global multi-walled carbon nanotubes market. The overall market has also been consolidated from the perspective of different geographic locations into standard geographic regions and key economies for this market. Additionally, this report encompasses opportunity analysis, porter analysis, pricing analysis and market forces such as drivers, constraints and challenges that are involved to drive the overall market.
Sample Companies profiled in this report are:
- Arkema S.A.,
- Mitsui/Hodogaya Chemicals,
- Toray Industries Inc.,
- Showa Denko K.K.
This report gives detailed information about the product value chain right from the beginning which includes raw materials till end-use. The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants. The study includes the demand of this particular market on a global and regional scale for a six year period of 2016-2021, both in terms of volume(kilo tons) and revenue($ million).