The Carbon Nanotubes Market is estimated to grow at a CAGR 15.83% rate during the forecast period. The demand for carbon nanotubes has been increasing rapidly in applications such as field emission displays, integrated circuits, hydrogen storage, lithium batteries, solar PV cells, fuel cells, and drug delivery.
The report covers the Carbon Nanotubes Market segments-
1. The CVD segment is expected to grow at the highest CAGR during the forecast period. It is the largest and fastest-growing method segment globally. CVD of hydrocarbons over a metal catalyst is a classical method that has been used by various manufacturers to produce carbon nanotube.
2. The APAC carbon nanotubes market is expected to grow at the highest CAGR during the forecast period, which can be attributed to the rising demand for carbon nanotubes from India, China, South Korea, Vietnam, Taiwan, and Singapore.
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Key market players include Arkema S.A. (France), Arry International Group LTD. (China), Carbon Solutions Inc. (US), Cheap Tubes Inc. (US), CNT Co., Ltd. (Korea), Ocsial Llc (US), Hanwha Chemical Corp. (South Korea), Nano-C Inc. (US), Cnano Technology Ltd (US), Toray International Group Limited (Japan), Showa Denko K.K. (Japan), and Continental Carbon Company (US).
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