Carbon nanotubes are all the rage these days. You may have heard of them, but what exactly are they? Simply put, carbon nanotubes are tiny tubes made of carbon atoms. But don’t let their small size fool you – these little guys are incredibly strong and have a whole host of potential applications. They can be used in everything from aircraft to sports equipment to medical implants. And as Carbon Nanotube technology continues to develop, the possibilities seem endless.
So why all the excitement?
Carbon nanotubes offer a wealth of advantages over traditional materials. For one thing, they’re incredibly strong – up to 200 times stronger than steel. They also have a very high thermal conductivity, meaning they can dissipate heat quickly and efficiently. This makes them ideal for use in electronics and other high-heat applications. Plus, they’re extremely lightweight, which makes them perfect for use in aircraft and other transportation applications.
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Carbon nanotubes exhibit excellent mechanical strength, comparable to graphite. Thermal and electric conductivity property of carbon nanotube can replace various materials in wide range of application such as consumer goods, electrical and electronics, energy, healthcare, automobile, aerospace, and defense sectors. Other application where carbon nanotube technology can be used as includes, conductive plastics, flat-panel displays, gas storage, batteries with improved lifetime, technical textiles, antifouling paint and micro- and nano-electronics.
Carbon nanotube materials can be bifurcated on the bases of its structure and number of layers it contains. Major used carbon nanotubes materials include single-wall nanotubes (SWNT) (having diameter close to 1nm), multi-wall nanotubes (MWNT) (diameter ranging between 5 nm to 50 nm) and double-wall nanotubes (DWNT) (sub-segment of multi-wall nanotubes). Multi-wall nanotube has major market share in global carbon nanotube market, followed by single-wall nanotubes.
Key Players-
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Carbon Nanotube Market Segmented By type such as Single-Wall Nanotubes (SWNT), Multi-Wall Nanotubes (MWNT) and Double-Wall Nanotubes (DWNT) with application comprises of Conductive Plastics, Flat-Panel Displays, Gas Storage, Batteries with Improved Lifetime, Technical Textiles, Antifouling Paint and Micro- and Nano-Electronics
Asia Pacific, followed by North America and Europe, has the highest market share for carbon nanotube materials. The recession that hit North America in recent years had a significant impact on the market for carbon nanotube materials. Due to rising domestic demand in the electronics, semiconductor, and advanced materials sectors, the Asia Pacific region is anticipated to continue to dominate the worldwide carbon nanotube market. The carbon nanotube market in North America is anticipated to pick up speed, while the Asia-Pacific region is anticipated to have double-digit growth in the near future.
Carbon nanotubes having superior property and adaptability qualities compared to other material is driving the overall demand for carbon nanotube materials. Additionally, growing demand for carbon nanotubes materials by different end-user industries such as, electrical and electronics, energy, healthcare, automobile, aerospace is expected to drive the global market.
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This has influenced the manufacturing companies to increase their productivity of carbon nanotube to withstand the increasing global demand. Also, increasing industrialization, especially in the developing nations of Asia Pacific and Middle-East countries is further expected to provide ample growth opportunity for the manufacturing companies to establish their market in these regions.
Key Stakeholders
Carbon Nanotubes Market Manufacturers
Carbon Nanotubes Market Distributors/Traders/Wholesalers
Carbon Nanotubes Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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