Market Update: Carbon Nanotubes Market worth USD 5.64 Billion USD by 2020


Posted March 31, 2016 by williamfeders

The global carbon nanotubes market is estimated to reach USD 5.64 Billion by 2020, at a CAGR of 20.1% between 2015 and 2020

 
The report "Carbon Nanotubes Market by Type (Single Walled- And Multi-Walled), by Application (Electronics & Semiconductors, Chemical & Polymers, Batteries & Capacitors, Energy, Medical Application, Advanced Materials, Aerospace & Defense, Others) - Global Forecasts to 2020", the global carbon nanotubes market size is estimated to grow from USD 2.26 Billion in 2015 to USD 5.64 Billion by 2020, at a CAGR of 20.1%.

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Key Content Of This Market

Browse more than 73 market data tables with 50 figures spread through 147 pages and in-depth TOC on "Carbon Nanotubes Market by Type (Single Walled- And Multi-Walled), by Application (Electronics & Semiconductors, Chemical & Polymers, Batteries & Capacitors, Energy, Medical Application, Advanced Materials, Aerospace & Defense, Others) - Global Forecasts to 2020"

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http://www.marketsandmarkets.com/Market-Reports/carbon-nanotubes-139.html

The market is driven by high demand of carbon nanotubes from the electronics & semiconductors, advanced materials, chemical & polymers, and batteries & capacitors applications. Unmatched mechanical & transport properties are the prime factors for the growth of carbon nanotubes, globally. Among all the regions considered, Asia-Pacific and North America are estimated to witness a strong growth in the next five years. The demand in these regions is fueled by the emerging markets such as India, Brazil, and Mexico.

Electronics & Semiconductors is the largest application of carbon nanotubes.

In 2015, the electronics & semiconductors application segment accounted for the largest market share among all the applications, in terms of value, followed by advanced materials, chemical & polymers, and batteries & capacitors applications. The aerospace & defense application is estimated to witness the highest CAGR between 2015 and 2020, in terms of volume.

Rising demand from Asia-Pacific is the major driver of the global carbon nanotubes market

In 2015, Asia-Pacific is estimated to account for the largest market share, in terms of volume, and is projected to witness the highest CAGR during the forecast period. The robust demand in Asia-Pacific is the major driving factor for the global carbon nanotubes market. China will lead the demand for carbon nanotubes due to its increased industrial production in the last 3–4 years. It is also among the largest consumer of carbon nanotubes at the global level. The markets in other emerging economies such as Brazil, India, and Mexico are also projected to grow rapidly.

The scope of the report covers detailed information regarding the major factors influencing the growth of the carbon nanotubes market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products & services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and other recent developments associated with the market.

Contact:
Mr. Rohan
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]
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Issued By william feders
Phone 1-888-600-6441
Business Address UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar Pune, Maharashtra 411013, India
Country India
Categories Business , Industry , Research
Tags carbon nanotubes market
Last Updated March 31, 2016