Product Overview

Carbon nanotubes are cylindrical-shaped molecules consist of rolled sheets of carbon called graphene and also known as buckytube. They are long and thin, approximately having a diameter of 1-3 nanometers and a hundred to thousand nanometers long. Carbon nanotubes are classified as single-walled (SWNTs) and multi-walled carbon nanotubes (MWNTs) according to the number of graphic shells. Carbon nanotubes can be produced by different methods including filling, doping, functionalization, and chemical modification. Carbon nanotubes possess remarkable electrical conductivity. They are used in various areas of technology such as optics, nanotechnology, electronics, composite materials due to their exceptional thermal conductivity and tensile strength. Carbon nanotubes are used as structural polymer composites in the automotive and aerospace sector because of their mechanical properties like including flexibility and strength.

Market Highlights

Global Carbon Nanotubes market is expected to project a notable CAGR of 17.12% in 2030.

Global Carbon Nanotubes market to surpass USD 30.16 billion by 2030 from USD 6.19 billion in 2020 at a CAGR of 17.12% throughout the forecast period, i.e., 2021-30. Global Carbon Nanotubes market is expected to observe growth in the future owing to its diversified application in different industries such as aerospace and defense and the electrical industry. Their thermal, electrical, and physical properties make them attractive for various industrial applications. Besides, increasing government initiatives towards wind energy generation are anticipated to surge the demand for carbon nanotubes in the coming years.

Recent Highlights in Global Carbon Nanotubes Market

In JANUARY 2019 SABIC acquired Black Diamond Structures, a major nanotechnology company based in US. The company provides various products including discrete carbon nanotubes (DCNTs)uniformly dispersed in battery pastes, that improve battery performance.

Global Carbon Nanotubes Market: Segments

Multi-Walled Carbon Nanotube segment to grow with the highest CAGR during 2021-30

Global Carbon Nanotubes market is segmented by type into single and multi-walled carbon nanotubes. The multi-walled carbon nanotubes segment held the largest market share of XX.X% in the year 2020 and is expected to dominate the global market throughout the forecast period. Increasing application of multi-walled carbon nanotubes in conductive heating films, electrical conductivity, nanodevices, super batteries, and energy storages is estimated to boost the carbon nanotubes market. They are highly conductive when correctly integrated into a composite structure. Besides, they are in trend owing to their low cost

Chemical Vapor Deposition segment to grow with the highest CAGR during 2021-30

Global Carbon Nanotubes market is segmented by Method into chemical vapor deposition, catalytic chemical vapor deposition, high-pressure carbon monoxide, and others. The Chemical Vapor Deposition segment held the largest market share of XX.X% in the year 2020 and is expected to maintain this trend throughout the forecast period. It is the fastest-growing method on account of its low cost and relativity high yield. Various manufacturers are using chemical vapor deposition over other methods to manufacture carbon nanotubes.

Electronics & Semiconductors segment to grow with the highest CAGR during 2021-30

Global Carbon Nanotubes market is segmented by the end-user into electronics & semiconductors, chemical, batteries, energy, medical, aerospace & defense, and others. Electronics & Semiconductors segment held the largest market share of XX.X% in the year 2020 and is expected to maintain this trend throughout the forecast period. In the electrical & Semiconductors industry, carbon nanotubes are utilized in manufacturing a wide range of electronic display screens such as television, mobile phones, and computer monitor. Carbon nanotubes have exceptional electronic and mechanical properties, hence making them desirable for new generation electronics applications.

Market Dynamics

Drivers

Increasing Application in Aerospace Industry

Carbon nanotubes usage is increasing in the aerospace industry due to their mechanical and electrical properties. They are utilized in the aerospace industry to enhance the functional performance of the composite and to develop high-performance, lightweight, and multifunctional aircraft. As various risks are involved in flying, aircraft manufacturers are determined to manufacture aerospace components tougher, stronger, and long-lasting.

Technological Advancements

Innovation in nanotechnology-related to its manufacturing process and reinforcement with several materials is expected to bolster the carbon nanotubes market in coming years. Nanotubes are playing important role in technological advancements in electronics, medicine, engineering, and other applications. nanotubes market has potential for high growth soon due to its reduced production time and cost.

Restraints

Environmental Concern

Production of carbon nanotubes leads to environmental pollution as various toxic chemicals are associated with it. Additionally, increasing demand for alternative nanomaterials such as metal oxide due to their low toxic nature is projected to hamper the market.

Global Carbon Nanotubes Market: Key Players

Arkema S.A.

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Arry International Group LTD.

Carbon Solutions Inc.

Cheap Tubes Inc.

CNT Co., Ltd.

Ocsial Llc

Hanwha Chemical Corp.

Nano-C Inc.

Cnano Technology Ltd

Toray International Group Limited

Showa Denko K.K.

Continental Carbon Company

Other Prominent Players

Global Carbon Nanotubes Market: Regions

Global Carbon Nanotubes market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA. Global Carbon Nanotubes market in Asia Pacific held the largest market share of XX.X% in the year 2019. The growing aerospace and defense industry, automobile and electronics industry in this region is estimated to surge the demand for carbon nanotubes. Additionally, technological advancements and innovation in the manufacturing of carbon nanotubes are projected to robust the global carbon nanotubes market.

Global Carbon Nanotubes market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Carbon Nanotubes market report also contains analysis on:

Carbon Nanotubes Market Segments:

By Type

Single-walled Carbon Nanotubes

Multi-walled carbon nanotubes

By Method

Chemical Vapor Deposition,

Catalytic Chemical Vapor Deposition,

High-Pressure Carbon Monoxide

By End-user

Electronics & Semiconductors

Chemical

Batteries

Energy

Medical

Aerospace & Defense

Others.

Carbon Nanotubes Market Dynamics

Carbon Nanotubes Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Carbon Nanotubes Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Global Carbon Nanotubes Market Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Global Carbon Nanotubes Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Billion Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Global Carbon Nanotubes Market: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Type: Market Share (2019-2030F)

12.2.1. Single Walled, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Multi Walled, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3. By Method: Market Share (2019-2030F)

12.3.1. Chemical Vapor Deposition, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Catalytic Chemical Vapor Deposition, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. High Pressure Carbon Monoxide, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4. By End User: Market Share (2019-2030F)

12.4.1. Electronics & Semiconductors, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.2. Chemical, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.3. Batteries, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.4. Energy, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.5. Medical, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.6. Aerospace & Defense, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.7. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13 Company Profile

13.1. Arkema S.A.

13.1.1. Company Overview

13.1.2. Company Total Revenue (Financials)

13.1.3. Market Potential

13.1.4. Global Presence

13.1.5. Key Performance Indicators

13.1.6. SWOT Analysis

13.1.7. Product Launch

13.2. Arry International Group LTD.

13.3. Carbon Solutions Inc.

13.4. Cheap Tubes Inc.

13.5. CNT Co., Ltd.

13.6. Ocsial Llc

13.7. Hanwha Chemical Corp.

13.8. Nano-C Inc.

13.9. Cnano Technology Ltd

13.10. Toray International Group Limited

13.11. Showa Denko K.K.

13.12. Continental Carbon Company

13.13. Other Prominent Players

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)