Global Carbon Nanomaterials Market Size showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx million over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 20.7% during the forecast period that is 2017-2025. Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global carbon nanomaterials market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global carbon nanomaterials market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Carbon nanomaterials belongs to the advanced materials group which is accompanied with excellent properties such as thermal, electrical, mechanical and chemical. The carbon nanomaterials market is expected to propel due to its growing application in various end-use industries such as medical, automotive, aerospace, energy, electronics and others. Compared to other metals and alloys materials, graphene and carbon nanotubes are the lightest and has the strongest conductive fibers, which provides a stiff competition to other 2D materials. The multi-walled carbon nanotubes (MWNTs) enhances the products efficiency. Some of the products such as films, yarns, and super-aligned CNT arrays has its major applications in various end-use products such as batteries, consumer electronics, aerospace, polymer composites, heaters, sensors, biomedicine, and filters. These factors will boost the growth of the carbon nanomaterials market in the forecast period.
The carbon nanomaterials market is also expected to be boosted by the graphene segment. Graphene with its amazing mechanical and electrical properties is a revolutionary two-dimensional (2D) material which is expected to bring in innovative devices for commercial usage. According to the United States National Nanotechnology Initiative program, integrated graphene-based photonic devices provides an exceptional result for the next generation of optical communications. The low power consumption property of graphene makes it a key component in the evolution of 5G, automation technologies, Internet-of-Things (IoT), and others. Latest methods of clean delamination transfer, device integration, and scalable synthesis of high-quality graphene has resulted in various commercialization of advanced electronics, for instance, flexible radio frequency (RF) devices on plastics, graphene touchscreens in smartphones by Apple Inc. and others. Owing to these factors the carbon nanomaterials market is expected to propel during the forecast period (2018 – 2025).
Carbon Nanomaterials By Technical Material
The carbon nanomaterials market is expected to boom due to carbon nanotubes (CNT) and its wide range of applications in energy storage devices, energy conversion devices, photovoltaic devices, and others. Furthermore, CNT has a wide array of applications in the chemical industry such as, water filter, chemical nanowires and in air pollution filters. The carbon nanotubes (CNT) are found in single sheet of pure graphite which forms cylindrical structures that enables its applicability in the energy sector, for instance, in solar cells, fuel cells, and batteries. The application of CNT in electrical and electronics industry coupled with its uses in advanced electronic goods such as computers, mobile phone, and others is expected to propel the growth for carbon nanomaterials market in the forecast period.
Furthermore, various government norms and policies particularly in the Asia Pacific region coupled with taxes exemption schemes, FDI allowance, and duty relaxation in the electrical sector will propel the global carbon nanomaterials market. For instance, according to the Organization for Economic Co-operation and Development (OECD), the sales revenue of Malaysia for electrical and electronic industry had amplified from USD 54 billion in 2015 to USD 58 billion in 2016. These escalations exhibit a significant potential for the carbon nanotubes in electrical and electronics industry, which in turn is expected to boost the carbon nanomaterials market in the forecast period.
The global carbon nanomaterials market is divided into regions that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe - UK, Russia, France, Brazil, Other) (Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The carbon nanomaterials market is expected to be dominated by North America, while Asia Pacific is expected to be the fastest growing region for the market in the forecast period. The carbon nanomaterials market is expected to propel in North America owing to its application in energy and electronics. Carbon nanotubes and its usage for enhancing the efficiency along with decreasing the cost of fuel cells, batteries, and solar cells is expected to boost the market for carbon nanomaterials in North America. CNT enhances the cycle life of batteries along with improving its performance at cold temperatures such as –150 F and provides 30% improved charging capabilities.
Global Carbon Nanomaterials Market Size, Share Analysis By Region 2017
According to the Organization for Economic Co-operation and Development (OECD), throughout the 20th century the global populace increased by 4 times, with an economic output by 22 times and consumption of fossil fuel increased by 15 times. According to OCED, by 2050 80% of more energy is expected to be consumed. These trends are expected to boost the carbon nanomaterials market in North America during the forecast period. Middle East and Africa held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years.
Global Carbon Nanomaterials Market Study Objective
1. To forecast the market size of carbon nanomaterials market, along with describing and defining the market, in terms of volume and revenue.
2. Market analysis and forecast of carbon nanomaterials market on the basis of region, substrate and application or end-use industry.
3. To analyze and elaborate significant factors that will have major impact on the growth of carbon nanomaterials market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of carbon nanomaterials market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the carbon nanomaterials market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
Rising demand for innovative, technical and cheaper solutions has allowed various companies towards numerous innovations and technological advancement. For instance, Bayer AG, has opened a new research and development center in Europe in order to expand its capability in nanotechnology. Other major players for the carbon nanomaterials market include CNano Technology Ltd., Nanocyl SA, Kuraray Co., Ltd, Ahlstrom-Munksjö Oyj, Arkema, E. I. du Pont de Nemours and Company, and Showa Denko K. K. among others.
Global Carbon Nanomaterials Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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