Product Type Outlook (Revenue, USD Million 2019–2030) To access the full coverage of the global Carbon Nanotubes market report, visit Įmergen Research has segmented the global carbon nanotube market on the basis of product type, technology, application, and region: It is made to enhance battery performance at lower loadings, thereby enabling a higher energy density of batteries. It is the most conductive multi-walled CNT product in the company's portfolio, due to its properties such as high aspect ratio. In March 2021, Cabot Corporation, which is a global chemicals and performance materials company based in Boston, Massachusetts, announced the launch of ENERMAX 6 under its carbon nanotube series. In addition, low production and labor costs, and availability of raw materials in countries, such as China, India, and South Korea, are contributing to revenue growth of the market in this region. Market in Asia-Pacific is expected to register the fastest revenue growth rate during the forecast period, due to increasing use of carbon nanotubes in industrial, electronics, and automotive sectors. Medical & pharmacy segment is expected to register the fastest growth rate during the forecast period, owing to the capability of CNTs to absorb a variety of diagnostic agents, such as antibodies, vaccines, drugs, and others. CNTs are known to be efficient thermal conductors, and they can be used to make light-absorbing materials, which is expected to increase their demand over the forecast period. SWCNTs are allotropes of carbon, and they have a high length-to-diameter ratio and surface area. Single-Walled Carbon Nanotubes (SWCNTs) segment revenue is expected to register a steady growth rate during the forecast period. Leading Market Players Profiled in the Report: In addition, compatibility is a major challenge in developing CNTs for the healthcare sector, which is also expected to restrict market revenue growth during the forecast period. However, growing concerns regarding the environmental impact of CNTs have led to strict guidelines being implemented by governments and regulatory bodies of various countries, which is expected to hamper revenue growth of the market during the forecast period. CNTs have already reached consumers through a variety of marketed products, ranging from batteries to sporting goods, and they are going to be used as an alternative to silicon in next-generation of nanoscale processors. Biosensors made with CNT can diagnose yeast infection more quickly than the current method, while targeting tumors is another possible medical application of CNTs. Increasing application of Carbon Nanotubes (CNTs) in the healthcare sector is expected to support market revenue growth between 20.ĬNTs are nanomaterials widely used in nanotechnology, from materials and electronics to nanomedicine, and they play an important role in innovation of nanomaterials for next-generation theranostic nanomedicine. VANCOUVER, BC, CANADA, June 28, 2023/ / - The global Carbon Nanotube (CNT) market size reached USD 876.8 Million in 2021 and is expected to register a revenue CAGR of 14.9% during the forecast period, according to latest analysis by Emergen Research.
0 Comments
Leave a Reply. |