Single-walled Carbon Nanotube Market to Touch Valuation of ~US$ 5 Bn by 2027; Commercializing Depends on Cost-Effective Fabrication Methods: Transparency Market Research

Single-walled Carbon Nanotube Market to Touch Valuation of ~US$ 5 Bn by 2027; Commercializing Depends on Cost-Effective Fabrication Methods: Transparency Market Research

PR Newswire

ALBANY, New York, March 4, 2020

ALBANY, New York, March 4, 2020 /PRNewswire/ --  Array of remarkable mechanical, electrical, and optical properties of single-walled carbon nanotubes (SWCNT) attract a groundswell of interest of end-use industries in these nanotubes. Electronics and semiconductor industries are increasingly harnessing the nanotubes for range of electro-optical applications in numerous end-use industries. A study by Transparency Market Research projects the global single-walled carbon nanotubes market to expand at a whopping CAGR of ~52% during 2019 – 2027. Its valuation was pegged at US$ 130 million in 2018.

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Sizable revenue streams are likely to hinge on companies utilizing these properties in biomedical and automotive applications. A large growth dynamic comes from the use of these carbon nanotubes in EMI-shielding material.

"A major proportion of demands in the single-walled carbon nanotubes market are in electronics, semiconductors, energy, and biomedical industries," observe the analysts. "It is imperative that leading companies should aim for cost-effective, bulk manufacturing of nanotubes to commercialize their products faster, and retain competitive edge over their peers," opine the authors. 

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Key Findings of Single-walled Carbon Nanotube Market Study

Explore 225 pages of top-notch research, incisive insights, and detailed country-level projections. Gain business intelligence on Single-walled Carbon Nanotube Market (Technology: Chemical Vapor Deposition (CVD), Electric Arc, High Pressure Carbon Monoxide (HiPCo), and Others; and End User: Electronics & Semiconductors, Energy, Biomedical, Aerospace & Defense, Automotive, Chemicals, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/single-walled-carbon-nanotube-market.html

Single-walled Carbon Nanotube Market: Key Driving Factors

in the automotive industry has strengthened opportunities for manufacturers to tap into.   

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/73935

Key Impediments for Single-walled Carbon Nanotube Market Players

In numerous polymer matrices single-walled carbon nanotubes show uniform dispersion. This forms a veritable challenge for fabricators, who find it difficult to retain the structural integrity of these nanotubes. Further, composite manufactures in the end-use industries struggle to achieve proper single-walled carbon nanotube-matrix interfacial bonding. All these impediments have lowered the penetration of the market to the key regions. On the other hand, unceasing research and development activities are helping fabricators circumvent several of these problems.

Single-walled Carbon Nanotube Market: Region-wise Analysis

Rising application of advanced carbon-based nano-composite materials has spurred the popularity of single-walled carbon nanotubes in Asia Pacific. The demand for these nanomaterials has also proliferated on the back of the constantly advancing science behind composites. Revenues in the regional market are further fueled by the growing prospects of SWCNT in Japan, China, India, Malaysia, and Taiwan, notably in electrical and electronics, automotive, and energy applications.

Analyze single-walled carbon nanotube market growth in 30+ countries including US, Canada, Germany, United Kingdom, ASEAN, India, China, and Japan. Request a sample of the study.

Competition Landscape

The global single-walled carbon nanotubes market is largely consolidated, with only one player accounting for more than 90% of the share. The top players is a Russian nanotechnology OCSiAl. The company has been actively consolidating shares with the help of mergers, acquisitions, collaborations, and innovative product launches. Most other players are struggling to get a stronghold in the single-walled carbon nanotubes market. One of the key challenged in producing cost-effective carbon nanotubes. New entrants might consider this a key imperative to gain a foothold.

Prominent names in the market include Meijo Nano Carbon Co., Ltd., Thomas Swan & Company Ltd., Zeon Nano Technology Co., Ltd., and OCSiAl.      

The single-walled carbon nanotubes market is segmented on the basis of:

Technology

End User

Region

Explore Transparency Market Research's award-winning coverage of the global Chemical and Materials industry,

Carbon Black Market - The global carbon black market is anticipated to expand at a CAGR more than 4% from 2018 to 2026 and reach value of US$ 23.9 Bn by 2026. In 2016, the reinforced grade segment held a major market share of more than 65%, in terms of both volume and value.

Carbon Nanotubes Market - The global carbon nanotubes market was valued at US$ 1.6 bn in the end of 2016, and is expected to swell to US$ 6.9 bn by the end of 2023. With several growth factors, the market is predicted to grow at 22.1% CAGR between 2015 and 2023.

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About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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