Multi-wall carbon nanotubes are the largest product segment, accounting for more than 92% share of the global carbon nanotubes market in 2015. Multi-wall carbon nanotubes consist of multiple layers of graphite/carbon that are superimposed and rolled one over the other to form a cylindrical and tubular structure.
However, a number of issues, including high costs, inconsistent quality across the supply chain, dispersion and compatibility with matrix materials, and toxicology still need to be addressed. Once these issues are resolved, growth in global CNTs demand is expected to accelerate in the next five years.
Market Analysis and Insights: Global Multiwall Carbon Nanotube (MWCNT) Market
Due to the COVID-19 pandemic, the global Multiwall Carbon Nanotube (MWCNT) market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Two Decks accounting for % of the Multiwall Carbon Nanotube (MWCNT) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Electronics & Semiconductors segment is altered to an % CAGR throughout this forecast period.
North America Multiwall Carbon Nanotube (MWCNT) market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Multiwall Carbon Nanotube (MWCNT) include Unidym, Nanocyl, Cnano, canatu, nanointegris, Toray, Shenzhen Nanotech Port Co. Ltd, Foxconn and Hanao Co., Ltd. etc. In terms of revenue, the global 3 largest players have a % market share of Multiwall Carbon Nanotube (MWCNT) in 2021.
Global Multiwall Carbon Nanotube (MWCNT) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Multiwall Carbon Nanotube (MWCNT) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Two Decks
More than Two Decks
Segment by Application
Electronics & Semiconductors
Advanced Materials
Chemical & Polymers
Batteries & Capacitors
Aerospace & Defense
Energy
Medical
Others
By Company
Unidym
Nanocyl
Cnano
canatu
nanointegris
Toray
Shenzhen Nanotech Port Co. Ltd
Foxconn
Hanao Co., Ltd
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina