Carbon Nanotubes Market by Type (Single-walled Carbon nanotubes (SWNT), Multi-walled carbon nanotubes (MWCNT)), Method, End-use Industry (Electronics & Semiconductors, Energy & Storage, Structural Composites Application), and Region - Global Forecast to 2029

The carbon nanotubes (CNT) market is projected to register a CAGR of 14.9% between 2024 and 2029, in terms of value. The carbon nanotubes (CNT) market size is projected to reach USD 2.6 billion by 2029 at a CAGR of 14.9% from USD 1.31 billion in 2024. The SWCNT, by type segment is estimated to account for the largest share in terms of value of the carbon nanotubes (CNT) market in 2023. MWCNTs, by type likely to account for the largest share of carbon nanotubes market in terms of volume.
Multi-walled carbon nanotubes (MWCNTs) consist of multiple carbon cylinders or tubes arranged in a concentric pattern, with their ends typically sealed by carbon end-caps. Variants of MWCNTs include herringbone, bamboo, and double-wall structures. Compared to single-walled carbon nanotubes (SWCNTs), MWCNTs are easier to produce on a large scale. Because of their excellent electrical conductivity, they can find a many applications like: conductive heating films, transparent conductive electrode, conductive nano inks, displays, nanodevices, chemical sensors and actuators, energy storage systems (e.g. supercapacitors and improved electric batteries), solar cells and thermal interface materials.
Energy and storage dominates the carbon nanotube (CNT) business, which is the fastest-growing end-use industry. CNTs are primarily employed in energy and storage in terms of volume. Many manufacturers are now focused on EV manufacturing as an increasing number of countries want to cut CO2 emissions and clean up their environment. Lithium-ion batteries are likely to continue to dominate the market over the projection period, as PHEVs and portable electronic devices demand more energy. As a result, carbon nanotubes are anticipated to gain traction in the energy and storage sectors.
“Lithium-ion batteries, by sub-application accounted for the largest growing end-use industry segment of CNT market”
The need for lithium-ion batteries is rapidly increasing in cars that require lightweight, high-energy-dense solutions. Cell phones, notebook computers, and hybrid vehicles all utilize these batteries because they have the highest energy density per weight. Lithium batteries, which are often used in portable devices, are made up of two electrodes (the anode or negative electrode), a cathode (the positive electrode), and an electrolyte--a substance that is electrically conductive and allows charged particles or ions to travel readily. These batteries use CNTs as electrodes. CNTs are used as electrode materials in capacitors. CNTs' high density and orientation features minimize the capacitor's internal resistance.
“Asia Pacific, by region is forecasted to be the fastest growing segment of carbon nanotubes market during the forecast period.”
Asia Pacific now has the biggest marketplace and is expected to remain so for an extended period of time. The primary end-use industries for CNTs include the construction and building industries, automotive, and electrical and electronic sectors. Vehicle sales in the region are expected to expand as a result of the expansion of the region's roadway and transportation networks, as well as government initiatives to promote industrial and infrastructural development. This is expected to have a favorable impact on the market throughout the forecast period. Because of its increased industrial production over the last five years, China now leads the world in CNT demand.
Interviews:
Research Coverage:
The carbon nanotubes (CNT) market has been segmented based on Type (Single-walled Carbon nanotubes (SWNT), Multi-walled carbon nanotubes (MWCNT)), Method (Chemical Vapor Deposition, Catalytic Chemical Vapor Deposition, High-Pressure Carbon Monoxide Reaction, Others), End-use Industry (Electronics & Semiconductors, Energy & Storage, Structural Composites Application, Chemical Materials & Polymers, Medical, and Others), and by Region (Asia Pacific, North America, Europe, South America, Middle East & Africa).
This report provides insights on the following pointers:
Multi-walled carbon nanotubes (MWCNTs) consist of multiple carbon cylinders or tubes arranged in a concentric pattern, with their ends typically sealed by carbon end-caps. Variants of MWCNTs include herringbone, bamboo, and double-wall structures. Compared to single-walled carbon nanotubes (SWCNTs), MWCNTs are easier to produce on a large scale. Because of their excellent electrical conductivity, they can find a many applications like: conductive heating films, transparent conductive electrode, conductive nano inks, displays, nanodevices, chemical sensors and actuators, energy storage systems (e.g. supercapacitors and improved electric batteries), solar cells and thermal interface materials.
Energy and storage dominates the carbon nanotube (CNT) business, which is the fastest-growing end-use industry. CNTs are primarily employed in energy and storage in terms of volume. Many manufacturers are now focused on EV manufacturing as an increasing number of countries want to cut CO2 emissions and clean up their environment. Lithium-ion batteries are likely to continue to dominate the market over the projection period, as PHEVs and portable electronic devices demand more energy. As a result, carbon nanotubes are anticipated to gain traction in the energy and storage sectors.
“Lithium-ion batteries, by sub-application accounted for the largest growing end-use industry segment of CNT market”
The need for lithium-ion batteries is rapidly increasing in cars that require lightweight, high-energy-dense solutions. Cell phones, notebook computers, and hybrid vehicles all utilize these batteries because they have the highest energy density per weight. Lithium batteries, which are often used in portable devices, are made up of two electrodes (the anode or negative electrode), a cathode (the positive electrode), and an electrolyte--a substance that is electrically conductive and allows charged particles or ions to travel readily. These batteries use CNTs as electrodes. CNTs are used as electrode materials in capacitors. CNTs' high density and orientation features minimize the capacitor's internal resistance.
“Asia Pacific, by region is forecasted to be the fastest growing segment of carbon nanotubes market during the forecast period.”
Asia Pacific now has the biggest marketplace and is expected to remain so for an extended period of time. The primary end-use industries for CNTs include the construction and building industries, automotive, and electrical and electronic sectors. Vehicle sales in the region are expected to expand as a result of the expansion of the region's roadway and transportation networks, as well as government initiatives to promote industrial and infrastructural development. This is expected to have a favorable impact on the market throughout the forecast period. Because of its increased industrial production over the last five years, China now leads the world in CNT demand.
Interviews:
- By Company Type: Tier 1 – 46%, Tier 2 – 36%, and Tier 3 – 18%
- By Designation: C Level – 21%, D Level – 23%, and Others – 56%
- By Region: North America – 37%, Europe – 26%, Asia Pacific – 23%, and South America – 4%, Middle East & Africa – 10%
Research Coverage:
The carbon nanotubes (CNT) market has been segmented based on Type (Single-walled Carbon nanotubes (SWNT), Multi-walled carbon nanotubes (MWCNT)), Method (Chemical Vapor Deposition, Catalytic Chemical Vapor Deposition, High-Pressure Carbon Monoxide Reaction, Others), End-use Industry (Electronics & Semiconductors, Energy & Storage, Structural Composites Application, Chemical Materials & Polymers, Medical, and Others), and by Region (Asia Pacific, North America, Europe, South America, Middle East & Africa).
This report provides insights on the following pointers:
- Analysis of key drivers (Emerging demand from the APAC region, High growth of end-use industries, such as electrical & electronics and automotive, increasing demand for lightweight and low carbon-emitting vehicles), restraints (Environmental concerns and health & safety issues), opportunities (Growth in emerging applications), and challenges (Maintaining quality and reducing processing cost) influencing the growth of the carbon nanotubes (CNT) market.
- Product Development/Innovation: Detailed insight of upcoming technologies, research & development activities, and new product launch in the carbon nanotubes (CNT) market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the carbon nanotubes (CNT) market across varied regions.
- Market Diversification: Exclusive information about the new products & service untapped geographies, recent developments, and investments in carbon nanotubes (CNT) market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like LG Chem (South Korea), Cabot Corporation (US), Resonac Corporation (Showa Denko K.K.) (Japan), Jiangsu Cnani Technology Co., Ltd. (China), Timesnano (Chengdu Organic Chemicals Co. Ltd.) (China), among other in the carbon nanotubes (CNT) market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 INCLUSIONS AND EXCLUSIONS OF STUDY
1.3.3 DEFINITION AND INCLUSIONS, BY TYPE
1.3.4 DEFINITION AND INCLUSIONS, BY METHOD
1.3.5 DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY
1.3.6 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primary interviews
2.1.2.3 Key primary participants
2.1.2.4 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET FORECAST APPROACH
2.3.1 SUPPLY-SIDE FORECAST
2.3.2 DEMAND-SIDE FORECAST
2.4 DATA TRIANGULATION
2.5 ASSUMPTIONS
2.6 LIMITATIONS
2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN CARBON NANOTUBES MARKET
4.2 CARBON NANOTUBES MARKET, BY REGION
4.3 ASIA PACIFIC: CARBON NANOTUBES MARKET, BY END-USE INDUSTRY
AND COUNTRY, 2023
4.4 REGIONAL ANALYSIS: CARBON NANOTUBES MARKET, BY TYPE, 2023
4.5 CARBON NANOTUBES MARKET, BY MAJOR COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increasing demand for electronics and semiconductors in Asia Pacific
5.2.1.2 High growth in end-use industries
5.2.1.3 Rising demand for lightweight and low-carbon-emitting vehicles
5.2.2 RESTRAINTS
5.2.2.1 Environmental concerns and health & safety issues
5.2.3 OPPORTUNITIES
5.2.3.1 Increased penetration in emerging applications
5.2.4 CHALLENGES
5.2.4.1 Maintaining quality and high processing cost
5.2.4.2 Stringent regulatory policies
5.3 PORTER’S FIVE FORCES ANALYSIS
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 THREAT OF SUBSTITUTES
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.4.2 BUYING CRITERIA
5.5 MACROECONOMIC INDICATORS
5.5.1 GDP TRENDS AND FORECAST
5.5.2 GDP TRENDS AND FORECAST OF PROMINENT ECONOMIES
5.5.3 TRENDS IN AUTOMOTIVE INDUSTRY
5.5.4 GLOBAL AEROSPACE INDUSTRY – GROWTH TRENDS AND FORECASTS
6 INDUSTRY TRENDS
6.1 SUPPLY CHAIN ANALYSIS
6.1.1 RAW MATERIALS
6.1.2 CARBON NANOTUBE MANUFACTURERS
6.1.3 END-USE INDUSTRIES
6.2 PRICING ANALYSIS
6.2.1 AVERAGE SELLING PRICE TREND, BY REGION
6.2.2 AVERAGE SELLING PRICE TREND, BY TYPE
6.2.3 AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY
6.2.4 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY
6.3 TRADE ANALYSIS
6.3.1 EXPORT SCENARIO (HS CODE 280300)
6.3.2 IMPORT SCENARIO (HS CODE 280300)
6.4 REGULATORY LANDSCAPE
6.4.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.4.2 REGULATORY FRAMEWORK
6.4.2.1 Regulations impacting carbon nanotubes business
6.5 ECOSYSTEM ANALYSIS
6.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.7 INVESTMENT AND FUNDING SCENARIO
6.8 PATENT ANALYSIS
6.8.1 APPROACH
6.8.2 PATENT TYPES
6.8.3 JURISDICTION ANALYSIS
6.9 TECHNOLOGY ANALYSIS
6.9.1 KEY TECHNOLOGIES
6.9.1.1 Single-walled carbon nanotubes
6.9.1.2 Multi-walled carbon nanotubes
6.9.2 COMPLEMENTARY TECHNOLOGIES
6.9.2.1 Graphene and graphene derivatives
6.9.2.2 Conductive polymers
6.9.2.3 Nanoparticle reinforcement
6.9.3 ADJACENT TECHNOLOGIES
6.9.3.1 Battery and energy storage technologies
6.9.3.2 Flexible and printed electronics
6.9.3.3 Advanced composite materials
6.9.3.4 Nanomedicine and biocompatible materials
6.10 IMPACT OF AI/GENERATIVE AI ON CARBON NANOTUBES MARKET
6.11 MACROECONOMIC OUTLOOK IMPACTING MARKET GROWTH
6.11.1 RUSSIA–UKRAINE WAR
6.11.2 CHINA
6.11.2.1 Decreasing FDI to hamper China’s growth trajectory
6.11.2.2 Environmental commitments
6.11.3 EUROPE
6.11.3.1 Energy crisis in Europe
6.11.4 CHOKEPOINTS THREATENING GLOBAL TRADE
6.11.5 OUTLOOK FOR CHEMICAL INDUSTRY
6.11.6 OPEC+ EXTENDS OIL OUTPUT CUTS INTO 2025
6.12 CASE STUDY ANALYSIS
6.12.1 CASE STUDY 1: SINGLE-WALL CARBON NANOTUBES PRODUCED
BY SUPER GROWTH METHOD
6.12.2 CASE STUDY 2: CARBON NANOTUBES IN TRANSISTORS
6.12.3 CASE STUDY 3: ENHANCING LITHIUM-ION BATTERY PERFORMANCE
WITH CARBON NANOTUBES
6.13 KEY CONFERENCES AND EVENTS, 2024–2025
7 CARBON NANOTUBES MARKET, BY TYPE
7.1 INTRODUCTION
7.2 SINGLE-WALLED CARBON NANOTUBES
7.2.1 INCREASED DEMAND IN EMERGING APPLICATIONS TO DRIVE MARKET
7.3 MULTI-WALLED CARBON NANOTUBES
7.3.1 RISING DEMAND FROM MEDICAL INDUSTRY TO BOOST MARKET GROWTH
8 CARBON NANOTUBES MARKET, BY METHOD
8.1 INTRODUCTION
8.1.1 PHYSICAL PROCESS
8.1.2 CHEMICAL PROCESS
8.1.3 MISCELLANEOUS PROCESS
8.2 CATALYTIC CHEMICAL VAPOR DEPOSITION
8.2.1 FLEXIBILITY AND EFFICIENCY TO DRIVE MARKET
8.3 CHEMICAL VAPOR DEPOSITION
8.3.1 EXTENSIVE USE IN PRODUCTION OF CNTS TO PROPEL MARKET
8.4 HIGH-PRESSURE CARBON MONOXIDE REACTION
8.4.1 USE IN PRODUCTION OF SINGLE-WALLED CARBON NANOTUBES
TO DRIVE MARKET
8.5 OTHER METHODS
8.5.1 ARC DISCHARGE AND LASER ABLATION
8.5.2 FLAME SYNTHESIS
8.5.3 ELECTROLYSIS
8.5.4 COMOCAT
9 CARBON NANOTUBES MARKET, BY END-USE INDUSTRY
9.1 INTRODUCTION
9.2 ELECTRONICS & SEMICONDUCTORS
9.2.1 SURGE IN DEMAND FOR VARIOUS ELECTRONIC PRODUCTS
TO DRIVE MARKET
9.2.2 INTEGRATED CIRCUITS
9.2.3 FLEXIBLE DISPLAYS
9.2.4 SUPERCONDUCTORS
9.2.5 TRANSISTORS
9.2.6 INDUSTRIAL SENSORS
9.2.7 OTHER APPLICATIONS
9.3 ENERGY & STORAGE
9.3.1 INCREASED DEMAND FOR LITHIUM-ION BATTERIES TO PROPEL MARKET
9.3.2 LITHIUM-ION BATTERIES
9.3.3 FUEL CELLS
9.3.4 SOLAR PV CELLS
9.3.5 HYDROGEN STORAGE
9.3.6 ELECTROCHEMICAL SUPERCAPACITORS
9.3.7 PROPELLANTS
9.3.8 OTHER APPLICATIONS
9.4 STRUCTURAL COMPOSITES
9.4.1 EXTENSIVE USE OF SINGLE-WALLED CARBON NANOTUBES
IN AEROSPACE & DEFENSE TO BOOST MARKET
9.4.2 DEFENSE
9.4.3 SPORTING GOODS
9.4.4 WIND TURBINE BLADES
9.4.5 LIGHT VEHICLES/AUTOMOTIVE
9.4.6 CONSTRUCTION & INFRASTRUCTURE
9.4.7 AEROSPACE & OTHERS
9.5 CHEMICAL MATERIALS & POLYMERS
9.5.1 INDUSTRIALIZATION IN ASIA PACIFIC TO SUPPORT MARKET GROWTH
9.5.2 COATINGS, ADHESIVES, & SEALANTS
9.5.3 WATER FILTRATION
9.5.4 CATALYSTS
9.5.5 OTHER APPLICATIONS
9.6 MEDICAL
9.6.1 EXTENSIVE USE IN ADVANCED MEDICAL SYSTEMS TO PROPEL MARKET
9.6.2 TRANSDERMAL DRUG DELIVERY
9.6.3 CANCER TREATMENT
9.6.4 PROTEOMICS
9.6.5 OTHER APPLICATIONS
9.7 OTHER END-USE INDUSTRIES
10 CARBON NANOTUBES MARKET, BY REGION
10.1 INTRODUCTION
10.2 ASIA PACIFIC
10.2.1 CHINA
10.2.1.1 High demand across various industries to drive market
10.2.2 JAPAN
10.2.2.1 Increased adoption of CNTs in automotive and aerospace sectors
to propel market
10.2.3 SOUTH KOREA
10.2.3.1 Significant demand from automotive sector to boost market
10.2.4 MALAYSIA
10.2.4.1 Medical device manufacturing activities to offer growth opportunities
10.2.5 INDIA
10.2.5.1 Use of nanotechnology in energy sector to boost market
10.2.6 TAIWAN
10.2.6.1 High demand from electrical & semiconductors industry
to drive market
10.2.7 VIETNAM
10.2.7.1 Growing construction industry to boost market
10.2.8 INDONESIA
10.2.8.1 Rising demand from automotive sector to propel market
10.3 NORTH AMERICA
10.3.1 US
10.3.1.1 Extensive adoption across various sectors to propel market
10.3.2 CANADA
10.3.2.1 Increased use in automotive sector to drive market
10.3.3 MEXICO
10.3.3.1 Growing demand from transportation and automotive
sectors to drive market
10.4 EUROPE
10.4.1 GERMANY
10.4.1.1 Increased use of automotive components to drive market
10.4.2 FRANCE
10.4.2.1 Extensive use in construction and automotive sectors
to support market
10.4.3 UK
10.4.3.1 Growth of building & construction and automotive sectors
to drive market
10.4.4 NETHERLANDS
10.4.4.1 Growth in electronics & semiconductors industry to drive demand
10.4.5 BELGIUM
10.4.5.1 Growth in automotive sector to propel market
10.4.6 RUSSIA
10.4.6.1 Expanding automotive sector to boost market
10.4.7 TURKEY
10.4.7.1 Increased demand from building & construction industry
to propel market
10.4.8 POLAND
10.4.8.1 Growth in chemical manufacturing industry to propel market
10.5 SOUTH AMERICA
10.5.1 BRAZIL
10.5.1.1 Increased use in automotive sector to drive market
10.5.2 ARGENTINA
10.5.2.1 Increased vehicle production by global automotive manufacturers
to propel market
10.6 MIDDLE EAST & AFRICA
10.6.1 GCC COUNTRIES
10.6.1.1 Saudi Arabia
10.6.1.1.1 Rising demand from various end-use industries to
drive market
10.6.2 SOUTH AFRICA
10.6.2.1 Access to new markets and low production costs to boost market
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
11.3 MARKET SHARE ANALYSIS
11.4 REVENUE ANALYSIS
11.5 COMPANY VALUATION AND FINANCIAL METRICS
11.5.1 COMPANY VALUATION
11.5.2 FINANCIAL METRICS
11.6 BRAND/PRODUCT COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.7.5.1 Company footprint
11.7.5.2 Region footprint
11.7.5.3 Type Footprint
11.7.5.4 End-use industry footprint
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
11.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
11.8.5.1 Detailed list of key startups/SMEs
11.8.5.2 Competitive benchmarking of key startups/SMEs
11.9 COMPETITIVE SCENARIO
11.9.1 PRODUCT LAUNCHES
11.9.2 DEALS
11.9.3 EXPANSIONS
12 COMPANY PROFILES
12.1 KEY PLAYERS
12.1.1 LG CHEM
12.1.1.1 Business overview
12.1.1.2 Products offered
12.1.1.3 Recent developments
12.1.1.3.1 Expansions
12.1.1.4 MnM view
12.1.1.4.1 Key strengths
12.1.1.4.2 Strategic choices
12.1.1.4.3 Weaknesses and competitive threats
12.1.2 CABOT CORPORATION
12.1.2.1 Business overview
12.1.2.2 Products offered
12.1.2.3 Recent developments
12.1.2.3.1 Product launches
12.1.2.3.2 Deals
12.1.2.3.3 Expansions
12.1.2.4 MnM view
12.1.2.4.1 Key strengths
12.1.2.4.2 Strategic choices
12.1.2.4.3 Weaknesses and competitive threats
12.1.3 RESONAC HOLDINGS CORPORATION
12.1.3.1 Business overview
12.1.3.2 Products offered
12.1.3.3 Recent developments
12.1.3.3.1 Expansions
12.1.3.4 MnM view
12.1.3.4.1 Key strengths
12.1.3.4.2 Strategic choices
12.1.3.4.3 Weaknesses and competitive threats
12.1.4 JIANGSU CNANO TECHNOLOGY CO., LTD.
12.1.4.1 Business overview
12.1.4.2 Products offered
12.1.4.3 MnM view
12.1.4.3.1 Key strengths
12.1.4.3.2 Strategic choices
12.1.4.3.3 Weaknesses and competitive threats
12.1.5 TIMESNANO (CHENGDU ORGANIC CHEMICALS CO. LTD.)
12.1.5.1 Business overview
12.1.5.2 Products offered
12.1.5.3 MnM view
12.1.5.3.1 Key strengths
12.1.5.3.2 Strategic choices
12.1.5.3.3 Weaknesses and competitive threats
12.1.6 NANOCYL SA (BIRLA CARBON)
12.1.6.1 Business overview
12.1.6.2 Products offered
12.1.6.3 Recent developments
12.1.6.3.1 Deals
12.1.7 ARKEMA
12.1.7.1 Business overview
12.1.7.2 Products offered
12.1.8 SUMITOMO CORPORATION
12.1.8.1 Business overview
12.1.8.2 Products offered
12.1.9 CHEAP TUBES INC.
12.1.9.1 Business overview
12.1.9.2 Products offered
12.1.10 CARBON SOLUTIONS, INC.
12.1.10.1 Business overview
12.1.10.2 Products offered
12.1.11 OCSIAL
12.1.11.1 Business overview
12.1.11.2 Products offered
12.1.11.3 Recent developments
12.1.11.3.1 Expansions
12.2 OTHER PLAYERS
12.2.1 TORAY INTERNATIONAL, INC.
12.2.1.1 Products offered
12.2.2 KUMHO PETROCHEMICAL CO., LTD.
12.2.2.1 Products offered
12.2.3 KLEAN COMMODITIES
12.2.3.1 Products offered
12.2.4 THOMAS SWAN & CO. LTD.
12.2.4.1 Products offered
12.2.5 RAYMOR INDUSTRIES INC.
12.2.5.1 Products offered
12.2.6 NANOLAB, INC.
12.2.6.1 Products offered
12.2.7 NANOSHEL LLC
12.2.7.1 Products offered
12.2.8 CHASM ADVANCED MATERIALS, INC.
12.2.8.1 Products offered
12.2.9 NANO-C
12.2.9.1 Products offered
12.2.10 XINNANO MATERIALS, INC.
12.2.10.1 Products offered
12.2.11 REINSTE NANO VENTURES
12.2.11.1 Products offered
12.2.12 HYPERION CATALYSIS INTERNATIONAL, INC.
12.2.12.1 Products offered
12.2.13 MERCK GROUP
12.2.13.1 Products offered
12.2.14 NANOINTEGRIS INC.
12.2.14.1 Products offered
12.2.15 NOPO NANOTECHNOLOGIES
12.2.15.1 Products offered
13 ADJACENT AND RELATED MARKETS
13.1 INTRODUCTION
13.2 BATTERY MATERIALS MARKET
13.2.1 MARKET DEFINITION
13.3 BATTERY MATERIALS MARKET OVERVIEW
13.3.1 BATTERY MATERIALS MARKET ANALYSIS, BY BATTERY TYPE
13.3.2 BATTERY MATERIALS MARKET ANALYSIS, BY MATERIAL
13.3.3 BATTERY MATERIAL MARKET ANALYSIS, BY APPLICATION
13.3.4 BATTERY MATERIAL MARKET ANALYSIS, BY REGION
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 INCLUSIONS AND EXCLUSIONS OF STUDY
1.3.3 DEFINITION AND INCLUSIONS, BY TYPE
1.3.4 DEFINITION AND INCLUSIONS, BY METHOD
1.3.5 DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY
1.3.6 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primary interviews
2.1.2.3 Key primary participants
2.1.2.4 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET FORECAST APPROACH
2.3.1 SUPPLY-SIDE FORECAST
2.3.2 DEMAND-SIDE FORECAST
2.4 DATA TRIANGULATION
2.5 ASSUMPTIONS
2.6 LIMITATIONS
2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN CARBON NANOTUBES MARKET
4.2 CARBON NANOTUBES MARKET, BY REGION
4.3 ASIA PACIFIC: CARBON NANOTUBES MARKET, BY END-USE INDUSTRY
AND COUNTRY, 2023
4.4 REGIONAL ANALYSIS: CARBON NANOTUBES MARKET, BY TYPE, 2023
4.5 CARBON NANOTUBES MARKET, BY MAJOR COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increasing demand for electronics and semiconductors in Asia Pacific
5.2.1.2 High growth in end-use industries
5.2.1.3 Rising demand for lightweight and low-carbon-emitting vehicles
5.2.2 RESTRAINTS
5.2.2.1 Environmental concerns and health & safety issues
5.2.3 OPPORTUNITIES
5.2.3.1 Increased penetration in emerging applications
5.2.4 CHALLENGES
5.2.4.1 Maintaining quality and high processing cost
5.2.4.2 Stringent regulatory policies
5.3 PORTER’S FIVE FORCES ANALYSIS
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 THREAT OF SUBSTITUTES
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.4.2 BUYING CRITERIA
5.5 MACROECONOMIC INDICATORS
5.5.1 GDP TRENDS AND FORECAST
5.5.2 GDP TRENDS AND FORECAST OF PROMINENT ECONOMIES
5.5.3 TRENDS IN AUTOMOTIVE INDUSTRY
5.5.4 GLOBAL AEROSPACE INDUSTRY – GROWTH TRENDS AND FORECASTS
6 INDUSTRY TRENDS
6.1 SUPPLY CHAIN ANALYSIS
6.1.1 RAW MATERIALS
6.1.2 CARBON NANOTUBE MANUFACTURERS
6.1.3 END-USE INDUSTRIES
6.2 PRICING ANALYSIS
6.2.1 AVERAGE SELLING PRICE TREND, BY REGION
6.2.2 AVERAGE SELLING PRICE TREND, BY TYPE
6.2.3 AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY
6.2.4 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY
6.3 TRADE ANALYSIS
6.3.1 EXPORT SCENARIO (HS CODE 280300)
6.3.2 IMPORT SCENARIO (HS CODE 280300)
6.4 REGULATORY LANDSCAPE
6.4.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.4.2 REGULATORY FRAMEWORK
6.4.2.1 Regulations impacting carbon nanotubes business
6.5 ECOSYSTEM ANALYSIS
6.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.7 INVESTMENT AND FUNDING SCENARIO
6.8 PATENT ANALYSIS
6.8.1 APPROACH
6.8.2 PATENT TYPES
6.8.3 JURISDICTION ANALYSIS
6.9 TECHNOLOGY ANALYSIS
6.9.1 KEY TECHNOLOGIES
6.9.1.1 Single-walled carbon nanotubes
6.9.1.2 Multi-walled carbon nanotubes
6.9.2 COMPLEMENTARY TECHNOLOGIES
6.9.2.1 Graphene and graphene derivatives
6.9.2.2 Conductive polymers
6.9.2.3 Nanoparticle reinforcement
6.9.3 ADJACENT TECHNOLOGIES
6.9.3.1 Battery and energy storage technologies
6.9.3.2 Flexible and printed electronics
6.9.3.3 Advanced composite materials
6.9.3.4 Nanomedicine and biocompatible materials
6.10 IMPACT OF AI/GENERATIVE AI ON CARBON NANOTUBES MARKET
6.11 MACROECONOMIC OUTLOOK IMPACTING MARKET GROWTH
6.11.1 RUSSIA–UKRAINE WAR
6.11.2 CHINA
6.11.2.1 Decreasing FDI to hamper China’s growth trajectory
6.11.2.2 Environmental commitments
6.11.3 EUROPE
6.11.3.1 Energy crisis in Europe
6.11.4 CHOKEPOINTS THREATENING GLOBAL TRADE
6.11.5 OUTLOOK FOR CHEMICAL INDUSTRY
6.11.6 OPEC+ EXTENDS OIL OUTPUT CUTS INTO 2025
6.12 CASE STUDY ANALYSIS
6.12.1 CASE STUDY 1: SINGLE-WALL CARBON NANOTUBES PRODUCED
BY SUPER GROWTH METHOD
6.12.2 CASE STUDY 2: CARBON NANOTUBES IN TRANSISTORS
6.12.3 CASE STUDY 3: ENHANCING LITHIUM-ION BATTERY PERFORMANCE
WITH CARBON NANOTUBES
6.13 KEY CONFERENCES AND EVENTS, 2024–2025
7 CARBON NANOTUBES MARKET, BY TYPE
7.1 INTRODUCTION
7.2 SINGLE-WALLED CARBON NANOTUBES
7.2.1 INCREASED DEMAND IN EMERGING APPLICATIONS TO DRIVE MARKET
7.3 MULTI-WALLED CARBON NANOTUBES
7.3.1 RISING DEMAND FROM MEDICAL INDUSTRY TO BOOST MARKET GROWTH
8 CARBON NANOTUBES MARKET, BY METHOD
8.1 INTRODUCTION
8.1.1 PHYSICAL PROCESS
8.1.2 CHEMICAL PROCESS
8.1.3 MISCELLANEOUS PROCESS
8.2 CATALYTIC CHEMICAL VAPOR DEPOSITION
8.2.1 FLEXIBILITY AND EFFICIENCY TO DRIVE MARKET
8.3 CHEMICAL VAPOR DEPOSITION
8.3.1 EXTENSIVE USE IN PRODUCTION OF CNTS TO PROPEL MARKET
8.4 HIGH-PRESSURE CARBON MONOXIDE REACTION
8.4.1 USE IN PRODUCTION OF SINGLE-WALLED CARBON NANOTUBES
TO DRIVE MARKET
8.5 OTHER METHODS
8.5.1 ARC DISCHARGE AND LASER ABLATION
8.5.2 FLAME SYNTHESIS
8.5.3 ELECTROLYSIS
8.5.4 COMOCAT
9 CARBON NANOTUBES MARKET, BY END-USE INDUSTRY
9.1 INTRODUCTION
9.2 ELECTRONICS & SEMICONDUCTORS
9.2.1 SURGE IN DEMAND FOR VARIOUS ELECTRONIC PRODUCTS
TO DRIVE MARKET
9.2.2 INTEGRATED CIRCUITS
9.2.3 FLEXIBLE DISPLAYS
9.2.4 SUPERCONDUCTORS
9.2.5 TRANSISTORS
9.2.6 INDUSTRIAL SENSORS
9.2.7 OTHER APPLICATIONS
9.3 ENERGY & STORAGE
9.3.1 INCREASED DEMAND FOR LITHIUM-ION BATTERIES TO PROPEL MARKET
9.3.2 LITHIUM-ION BATTERIES
9.3.3 FUEL CELLS
9.3.4 SOLAR PV CELLS
9.3.5 HYDROGEN STORAGE
9.3.6 ELECTROCHEMICAL SUPERCAPACITORS
9.3.7 PROPELLANTS
9.3.8 OTHER APPLICATIONS
9.4 STRUCTURAL COMPOSITES
9.4.1 EXTENSIVE USE OF SINGLE-WALLED CARBON NANOTUBES
IN AEROSPACE & DEFENSE TO BOOST MARKET
9.4.2 DEFENSE
9.4.3 SPORTING GOODS
9.4.4 WIND TURBINE BLADES
9.4.5 LIGHT VEHICLES/AUTOMOTIVE
9.4.6 CONSTRUCTION & INFRASTRUCTURE
9.4.7 AEROSPACE & OTHERS
9.5 CHEMICAL MATERIALS & POLYMERS
9.5.1 INDUSTRIALIZATION IN ASIA PACIFIC TO SUPPORT MARKET GROWTH
9.5.2 COATINGS, ADHESIVES, & SEALANTS
9.5.3 WATER FILTRATION
9.5.4 CATALYSTS
9.5.5 OTHER APPLICATIONS
9.6 MEDICAL
9.6.1 EXTENSIVE USE IN ADVANCED MEDICAL SYSTEMS TO PROPEL MARKET
9.6.2 TRANSDERMAL DRUG DELIVERY
9.6.3 CANCER TREATMENT
9.6.4 PROTEOMICS
9.6.5 OTHER APPLICATIONS
9.7 OTHER END-USE INDUSTRIES
10 CARBON NANOTUBES MARKET, BY REGION
10.1 INTRODUCTION
10.2 ASIA PACIFIC
10.2.1 CHINA
10.2.1.1 High demand across various industries to drive market
10.2.2 JAPAN
10.2.2.1 Increased adoption of CNTs in automotive and aerospace sectors
to propel market
10.2.3 SOUTH KOREA
10.2.3.1 Significant demand from automotive sector to boost market
10.2.4 MALAYSIA
10.2.4.1 Medical device manufacturing activities to offer growth opportunities
10.2.5 INDIA
10.2.5.1 Use of nanotechnology in energy sector to boost market
10.2.6 TAIWAN
10.2.6.1 High demand from electrical & semiconductors industry
to drive market
10.2.7 VIETNAM
10.2.7.1 Growing construction industry to boost market
10.2.8 INDONESIA
10.2.8.1 Rising demand from automotive sector to propel market
10.3 NORTH AMERICA
10.3.1 US
10.3.1.1 Extensive adoption across various sectors to propel market
10.3.2 CANADA
10.3.2.1 Increased use in automotive sector to drive market
10.3.3 MEXICO
10.3.3.1 Growing demand from transportation and automotive
sectors to drive market
10.4 EUROPE
10.4.1 GERMANY
10.4.1.1 Increased use of automotive components to drive market
10.4.2 FRANCE
10.4.2.1 Extensive use in construction and automotive sectors
to support market
10.4.3 UK
10.4.3.1 Growth of building & construction and automotive sectors
to drive market
10.4.4 NETHERLANDS
10.4.4.1 Growth in electronics & semiconductors industry to drive demand
10.4.5 BELGIUM
10.4.5.1 Growth in automotive sector to propel market
10.4.6 RUSSIA
10.4.6.1 Expanding automotive sector to boost market
10.4.7 TURKEY
10.4.7.1 Increased demand from building & construction industry
to propel market
10.4.8 POLAND
10.4.8.1 Growth in chemical manufacturing industry to propel market
10.5 SOUTH AMERICA
10.5.1 BRAZIL
10.5.1.1 Increased use in automotive sector to drive market
10.5.2 ARGENTINA
10.5.2.1 Increased vehicle production by global automotive manufacturers
to propel market
10.6 MIDDLE EAST & AFRICA
10.6.1 GCC COUNTRIES
10.6.1.1 Saudi Arabia
10.6.1.1.1 Rising demand from various end-use industries to
drive market
10.6.2 SOUTH AFRICA
10.6.2.1 Access to new markets and low production costs to boost market
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
11.3 MARKET SHARE ANALYSIS
11.4 REVENUE ANALYSIS
11.5 COMPANY VALUATION AND FINANCIAL METRICS
11.5.1 COMPANY VALUATION
11.5.2 FINANCIAL METRICS
11.6 BRAND/PRODUCT COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.7.5.1 Company footprint
11.7.5.2 Region footprint
11.7.5.3 Type Footprint
11.7.5.4 End-use industry footprint
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
11.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
11.8.5.1 Detailed list of key startups/SMEs
11.8.5.2 Competitive benchmarking of key startups/SMEs
11.9 COMPETITIVE SCENARIO
11.9.1 PRODUCT LAUNCHES
11.9.2 DEALS
11.9.3 EXPANSIONS
12 COMPANY PROFILES
12.1 KEY PLAYERS
12.1.1 LG CHEM
12.1.1.1 Business overview
12.1.1.2 Products offered
12.1.1.3 Recent developments
12.1.1.3.1 Expansions
12.1.1.4 MnM view
12.1.1.4.1 Key strengths
12.1.1.4.2 Strategic choices
12.1.1.4.3 Weaknesses and competitive threats
12.1.2 CABOT CORPORATION
12.1.2.1 Business overview
12.1.2.2 Products offered
12.1.2.3 Recent developments
12.1.2.3.1 Product launches
12.1.2.3.2 Deals
12.1.2.3.3 Expansions
12.1.2.4 MnM view
12.1.2.4.1 Key strengths
12.1.2.4.2 Strategic choices
12.1.2.4.3 Weaknesses and competitive threats
12.1.3 RESONAC HOLDINGS CORPORATION
12.1.3.1 Business overview
12.1.3.2 Products offered
12.1.3.3 Recent developments
12.1.3.3.1 Expansions
12.1.3.4 MnM view
12.1.3.4.1 Key strengths
12.1.3.4.2 Strategic choices
12.1.3.4.3 Weaknesses and competitive threats
12.1.4 JIANGSU CNANO TECHNOLOGY CO., LTD.
12.1.4.1 Business overview
12.1.4.2 Products offered
12.1.4.3 MnM view
12.1.4.3.1 Key strengths
12.1.4.3.2 Strategic choices
12.1.4.3.3 Weaknesses and competitive threats
12.1.5 TIMESNANO (CHENGDU ORGANIC CHEMICALS CO. LTD.)
12.1.5.1 Business overview
12.1.5.2 Products offered
12.1.5.3 MnM view
12.1.5.3.1 Key strengths
12.1.5.3.2 Strategic choices
12.1.5.3.3 Weaknesses and competitive threats
12.1.6 NANOCYL SA (BIRLA CARBON)
12.1.6.1 Business overview
12.1.6.2 Products offered
12.1.6.3 Recent developments
12.1.6.3.1 Deals
12.1.7 ARKEMA
12.1.7.1 Business overview
12.1.7.2 Products offered
12.1.8 SUMITOMO CORPORATION
12.1.8.1 Business overview
12.1.8.2 Products offered
12.1.9 CHEAP TUBES INC.
12.1.9.1 Business overview
12.1.9.2 Products offered
12.1.10 CARBON SOLUTIONS, INC.
12.1.10.1 Business overview
12.1.10.2 Products offered
12.1.11 OCSIAL
12.1.11.1 Business overview
12.1.11.2 Products offered
12.1.11.3 Recent developments
12.1.11.3.1 Expansions
12.2 OTHER PLAYERS
12.2.1 TORAY INTERNATIONAL, INC.
12.2.1.1 Products offered
12.2.2 KUMHO PETROCHEMICAL CO., LTD.
12.2.2.1 Products offered
12.2.3 KLEAN COMMODITIES
12.2.3.1 Products offered
12.2.4 THOMAS SWAN & CO. LTD.
12.2.4.1 Products offered
12.2.5 RAYMOR INDUSTRIES INC.
12.2.5.1 Products offered
12.2.6 NANOLAB, INC.
12.2.6.1 Products offered
12.2.7 NANOSHEL LLC
12.2.7.1 Products offered
12.2.8 CHASM ADVANCED MATERIALS, INC.
12.2.8.1 Products offered
12.2.9 NANO-C
12.2.9.1 Products offered
12.2.10 XINNANO MATERIALS, INC.
12.2.10.1 Products offered
12.2.11 REINSTE NANO VENTURES
12.2.11.1 Products offered
12.2.12 HYPERION CATALYSIS INTERNATIONAL, INC.
12.2.12.1 Products offered
12.2.13 MERCK GROUP
12.2.13.1 Products offered
12.2.14 NANOINTEGRIS INC.
12.2.14.1 Products offered
12.2.15 NOPO NANOTECHNOLOGIES
12.2.15.1 Products offered
13 ADJACENT AND RELATED MARKETS
13.1 INTRODUCTION
13.2 BATTERY MATERIALS MARKET
13.2.1 MARKET DEFINITION
13.3 BATTERY MATERIALS MARKET OVERVIEW
13.3.1 BATTERY MATERIALS MARKET ANALYSIS, BY BATTERY TYPE
13.3.2 BATTERY MATERIALS MARKET ANALYSIS, BY MATERIAL
13.3.3 BATTERY MATERIAL MARKET ANALYSIS, BY APPLICATION
13.3.4 BATTERY MATERIAL MARKET ANALYSIS, BY REGION
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS