Carbon Nanotubes Market (Multi, Single Walled): 20% CAGR Forecast to 2020 Led by Asia Pacific

Dec 11, 2015, 11:45 ET from RnR Market Research

PUNE, India, December 11, 2015 /PRNewswire/ --

Global carbon nanotubes market size pushed by its unmatched mechanical and transport properties is expected to rise from USD 2.26 Billion in 2015 to USD 5.64 Billion by 2020, at a CAGR of 20.1%. Electronics & Semiconductors is the largest application of carbon nanotubes. Rising demand from Asia-Pacific is the major driver for carbon nanotubes.

Complete report on carbon nanotubes market spread across 147 pages, profiling 21 companies and supported with 73 tables and 50 figures is now available at .

The strong focus on imparting superior mechanical and transport properties are the prime factors for the growth of the carbon nanotubes market. Their ability to impart unique properties in every application is projected to fuel the overall demand for carbon nanotubes in the next five years.

Carbon nanotubes are used in various applications such as electronics & semiconductors, chemical & polymers, batteries & capacitors, energy, medical, composites, aerospace & defense, among others. In 2015, the electronics & semiconductors application segment accounted for the largest market share among all the applications, in terms of value. The aerospace & defense application is estimated to witness the highest CAGR between 2015 and 2020, in terms of volume.

Asia-Pacific is the largest market for carbon nanotubes, in terms of volume, and is projected to register the highest CAGR during the forecast period. The robust demand in Asia-Pacific is the major driving factor for the global carbon nanotubes market. China will lead the demand for carbon nanotubes and is also among the largest consumer of carbon nanotubes at the global level. The markets in other emerging economies such as Brazil, India, and Mexico are projected to grow rapidly.

The key companies profiled in carbon nanotubes market research report are Arkema S.A. (France), Arry International Group LTD. (China), Carbon Solutions Inc. (U.S.), Cheap Tubes Inc. (U.S.), CNano Technology LTD. (U.S.), CNT COMPANY LTD. (Korea), Continental Carbon Company (U.S.), Hanwha Chemical Co. Ltd. (Korea), Hyperion Catalysis international Inc. (U.S.), KLEAN CARBON INC. (Canada), Kumho Petrochemical Company LTD. (South Korea), Nano-C Inc (U.S.), Nanocyl S.A. (Belgium), NanoIntegris Inc. (U.S.), NanoLab, Inc. (U.S.), Nanoshel LLC (U.S.), Nanothinx S.A. (Greece), Showa Denko K.K. (Japan), SouthWest NanoTechnologies Inc. (U.S.), Thomas Swan & Co. Ltd. (U.K.), and Toray Industries, Inc. (Japan). Order a copy of Carbon Nanotubes Market by Type (Single Walled- And Multi-Walled), by Application (Electronics & Semiconductors, Chemical & Polymers, Batteries & Capacitors, Energy, Medical Application, Advanced Materials, Aerospace & Defense, Others) - Global Forecasts to 2020 research report at .

This report segments the carbon nanotubes market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across the different verticals and regions. The report carbon nanotubes market research 2020 will help stakeholders to understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Continuing with related market, another research on Adsorbents Market Global Trends and Forecast to 2020 says, the global market for adsorbents is projected to be worth USD 4.3 Billion by 2020, registering a CAGR of 6.3% between 2015 and 2020. North America is the leader in the global adsorbents market and accounts for the largest market size. The U.S is the fastest-growing economy and a key market in this region that drives half of the demand for adsorbents globally. Arkema SA, Axens, BASF SE, Cabot Carbon Corporation, Calgon Carbon Corporation, Graver Technologies and UOP LLC have been profiled in this 158 pages research available at .

Explore more reports on Materials & Chemicals at .

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SOURCE RnR Market Research