Carbon nanotubes are chemically bonded with sp2 bonds, an extremely strong form of molecular interaction and therefore are the strongest and stiffest materials discovered in terms of tensile strength and elastic modulus. They are of two types, single-walled carbon nanotubes with a diameter of less than 1 nanometer (nm) or multi-walled carbon nanotubes, consisting of several concentrically interlinked nanotubes, with diameters reaching more than 100 nm. Their length can reach several micrometers or even millimeters. These nanotubes are widely used in electronics industry, chemical material and polymers, medical industry, etc. owing to its properties.
United States is anticipated to witness the growth over the forecast period owing to the increasing demand from end use industries. Carbon nanotubes are emerging as light-weight alternative to copper wire. Manufacturers are increasingly adopting the use of carbon nanotubes due to low carbon emission and good fuel efficiency. Also, they are used to control or enhance mechanical and chemical conductivity in polymers, hence used in chemical and polymer industries. However, environmental concerns and health & safety issues may hamper the market growth as the nanoparticles and nano- biotechnological byproducts released during the production of nanomaterial poses a serious threat to human health.
COVID 19 had a significant impact on the carbon nanotubes market. The demand for carbon nanotubes was decreased from electronics industry due to temporary shutdown of the industries. Also, the various end user had decreased the use and thus, the demand for carbon nanotubes. Moreover, the lockdown in the region led to the economic loss and also therefore, the purchasing patterns changed which affected the market in a negative way. The travelling restriction in U.S also brought a break in a supply chain. Overall there was a negative effect on the carbon nanotubes market.
In United States, the market for carbon nanotubes is segmented based upon the type, method and the end- use industry.
In United States, based on different types, the carbon nanotube is segmented into single walled carbon nanotubes and multi-walled carbon nanotubes. Among these two, the multi-walled carbon nanotubes hold the larger market share owing to properties such as good electrical conductivity and are widely used in conductive transparent electrodes, conductive heating films, conductive nano-inks, nano-devices, displays, chemical sensors, super batteries, etc. Also, using the multi-walled carbon nanotube in automobile applications is profitable which allows the segment to grow.
In United States, based on different methods, the market is segmented into chemical vapor deposition, catalytic chemical vapor deposition, high pressure monoxide reactions and others. Among these, the chemical vapor deposition holds the largest market owing to the commercial adoption of various chemical vapor deposition methods by the key players.
The various end use industries of the carbon nanotubes Electronics & Semiconductors, Energy & Storage, Chemical Material & Polymers, Medical, Structural Composites Applications, Others. The electronics and semiconductor segment holds the prominent market owing to increasing use of carbon nanotubes in electronics industries
The various key players in the region are LG Chemical Limited, Cabot Corporation, Showa Denko K.K., Jiangsu Cnano Technology Co. Ltd., Chengdu Organic Chemicals Co. Ltd., Nanocyl SA, Arkema SA, Sumitomo Corporation, Cheap Tubes, Inc., Hanwha Corporation, Arry International Group Limited, Carbon Solutions, Inc., Klean Commodities, Thomas Swan & Co. Limited, Raymor, Nanolab Inc., Nanoshel LLC,Chasm Advanced Materials, Inc., Nanothinx S.A.,,Nano-C Inc., Xinnano Materials, Inc., Reinste Nano Ventures Future-Carbon.
Carbon nanotubes are chemically bonded with sp2 bonds, an extremely strong form of molecular interaction and therefore are the strongest and stiffest materials discovered in terms of tensile strength and elastic modulus. They are of two types, single-walled carbon nanotubes with a diameter of less than 1 nanometer (nm) or multi-walled carbon nanotubes, consisting of several concentrically interlinked nanotubes, with diameters reaching more than 100 nm. Their length can reach several micrometers or even millimeters. United States is anticipated to witness the growth over the forecast period owing to the increasing demand from end use industries. Carbon nanotubes are emerging as light-weight alternative to copper wire. Manufacturers are increasingly adopting the use of carbon nanotubes due to low carbon emission and good fuel efficiency.
In United States, based on different types, the carbon nanotube is segmented into single walled carbon nanotubes and multi-walled carbon nanotubes. Among these two, the multi-walled carbon nanotubes hold the larger market share owing to properties. In United States, based on different methods, the market is segmented into chemical vapor deposition, catalytic chemical vapor deposition, high pressure monoxide reactions and others. Among these, the chemical vapor deposition holds the largest market. The various end use industries of the carbon nanotubes Electronics & Semiconductors, Energy & Storage, Chemical Material & Polymers, Medical, Structural Composites Applications, Others. The electronics and semiconductor segment holds the prominent market.
The various key players in the region are LG Chemical Limited, Cabot Corporation, Showa Denko K.K., Jiangsu Cnano Technology Co. Ltd., Chengdu Organic Chemicals Co. Ltd., Nanocyl SA, Arkema SA, Sumitomo Corporation, Cheap Tubes, Inc., Hanwha Corporation, Arry International Group Limited, Carbon Solutions, Inc.,
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