탄소나노튜브 시장 보고서 : 제품, 방법, 용도, 지역별(2024-2032년)

The global carbon nanotubes market size reached US$ 5.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 22.3 Billion by 2032, exhibiting a growth rate (CAGR) of 16.1% during 2024-2032. The increasing demand of carbon nanotubes for conductive additives in electronic devices, growing product applications in advanced materials for aerospace and automotive industries, and rising interest in sustainable nanomaterial solutions for energy storage and environmental remediation, are primarily driving the market growth.

Carbon Nanotubes Market Analysis:

Major Market Drivers: Significant growth in the aerospace industry and the widespread adoption of multi-walled carbon nanotubes for cathode-ray lighting elements and wafer processing are primarily driving the growth of the market.

Key Market Trends: The increasing product demand for the production of drug delivery and biosensing systems that are utilized for the treatment of diseases and monitoring health is positively impacting the market growth.

Competitive Landscape: Some of the leading carbon nanotubes market companies are Arkema S.A, Cabot Corporation, Carbon Solutions Inc., Cheap Tubes Inc., Jiangsu Cnano Technology Co. Ltd., Kumho Petrochemical Co. Ltd., LG Chem Ltd. (LG Corporation), Nanocyl SA, OCSiAl, Ossila Ltd., Raymor Industries Inc., and Showa Denko K.K., among others.

Geographical Trends: According to the report, Asia-Pacific currently dominates the global market. China is the largest producer and consumer of carbon nanomaterials in Asia-Pacific. The abundance of available raw materials and the low cost of production supported the growth of the carbon nanomaterials market in the country. Moreover, the extensive application of CNT in expanding the electronics industry in the region is creating a positive outlook for the overall market.

Challenges and Opportunities: The carbon nanotubes market faces challenges such as high production costs, scalability issues, and concerns regarding environmental and health impacts. However, opportunities abound with ongoing research advancements, expanding applications in diverse industries, and increasing demand for lightweight, high-performance materials in areas like electronics, aerospace, and energy storage.

Carbon Nanotubes Market Trends:

Increasing Product Application in Automotives and Electronics

Carbon nanotubes (CNTs) are finding extensive use in automotive applications due to their exceptional mechanical properties, lightweight nature, and electrical conductivity. Moreover, the escalating demand for lightweight vehicles is also catalyzing the market for CNTs. Carbon nanotubes can be incorporated into composites used for vehicle parts such as body panels, chassis components, and interior parts, reducing overall weight while maintaining strength and durability. For instance, in August 2023, a research team led by Clemson University, in collaboration with NETL and with support from Honda, developed a lightweight vehicle door using carbon fiber, thermoplastic resin, and advanced computer design. This door is 32% lighter than a conventional steel door and successfully meets federal safety standards and Honda's specific safety requirements. Besides this, carbon nanotubes (CNTs) are extensively being utilized in electronics for creating conductive films used in touchscreens, flexible displays, and printed electronics due to their excellent electrical conductivity and transparency. Additionally, the rising demand for electronic gadgets, such as smartphones, televisions, laptops, tablets, etc., is also propelling the carbon nanotubes market share. For instance, in 2024, the revenue generated in the consumer electronics market worldwide amounted to a staggering US$ 1,046.0 Billion.

Growing Product Demand in the Energy Sector

Carbon nanotubes (CNTs) are gaining much attention as catalyst support for energy applications, primarily solar cells, fuel cell catalysts, and hydrogen storage, owing to their high surface area and conductivity. In line with this, various countries are increasingly investing in renewable power technologies to expand renewable power capacities, which is positively impacting the carbon nanotubes market outlook. For instance, China is planning to install almost half of the new global renewable power capacity over 2022-2027, despite the phase-out of wind and solar PV subsidies. Moreover, China's ambitious renewable energy targets in the 14th Five-Year Plan, market reforms, and solid provincial government support provide long-term revenue certainty for renewables. Similarly, the pace of renewable capacity expansion in Europe is expected to be double during 2022-2027. In the United States, the IRA was passed in August 2022 and extended tax credits for renewables until 2032, providing unprecedented long-term visibility for wind and solar PV projects. In India, new installations are also set to double. This is led by solar PV and driven by competitive auctions implemented to achieve the government's ambitious target of 500 GW of renewable power by 2030. The increasing focus on integrating sustainable and renewable energy is anticipated to propel the carbon nanotubes market revenue in the coming years.

Expanding Aerospace Industry

CNT-based materials are highly effective at shielding against electromagnetic interference (EMI), which is crucial for protecting sensitive electronic systems onboard aircraft from external electromagnetic radiation. In addition to this, CNTs can reinforce composite materials used in aerospace applications, enhancing their mechanical properties such as stiffness, strength, and durability while maintaining a low-weight profile. Furthermore, the expanding aerospace industry and the increasing number of aerospace facilities across the globe are also augmenting carbon nanotubes market demand. For instance, in March 2024, Israel Aerospace Industries (IAI) announced that they would be establishing a new aerospace defense company in India, named Aerospace Service India (ASI). IAI said the establishment of ASI demonstrated new levels of collaboration between the group and the Indian government's plans to promote national independence. Moreover, the government authorities of various nations are taking initiatives and providing funds to bolster defense capabilities, which is further bolstering the market growth. For instance, in March 2024, the Indian government launched the Acing Development of Innovative Technologies with iDEX (ADITI) scheme. This scheme aims to promote innovation in critical and strategic defense technologies by providing grants of up to Rs 25 crore to eligible start-ups for research, development, and innovation endeavors in defense technology.

Global Carbon Nanotubes Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global carbon nanotubes market report, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on product, method, and application.

Breakup by Product:

Multi Walled Carbon Nanotubes (MWCNT)

Single Walled Carbon Nanotubes (SWCNT)

Multi Walled Carbon Nanotubes (MWCNT) holds the majority of the total market share

The report has provided a detailed breakup and analysis of the market based on product. This includes Multi Walled Carbon Nanotubes (MWCNT) and Single Walled Carbon Nanotubes (SWCNT). According to the carbon nanotubes market research report, Multi Walled Carbon Nanotubes (MWCNT) holds the majority of the total market share.

Multi-walled carbon nanotubes (MWCNTs) consist of several concentric layers of graphene rolled up to form a tube-like structure. Their unique architecture imparts exceptional mechanical strength, electrical conductivity, and thermal properties. MWCNTs find diverse applications in fields such as aerospace, electronics, materials science, and biotechnology due to their versatility and performance characteristics. Moreover, carbon nanotubes market statistics by IMARC indicate that the expanding automotive, electronics, and aerospace industries are bolstering the market for multi-walled carbon nanotubes. For instance, in January 2023, MG Motor India announced a US$ 100 Million investment to expand capacity. Similarly, in December 2022, Mahindra & Mahindra revealed plans to invest INR 10,000 crore (US$ 1.2 Billion) in an EV manufacturing plant in Pune, India. This investment emphasizes the growing significance of the EV sector. Furthermore, compared to single-walled carbon nanotubes (SWCNTs), MWCNTs often exhibit higher tensile strength and thermal stability, making them suitable for demanding applications requiring robust materials. Their multi-layered structure allows for tailored properties and functionality, offering versatility in engineering novel nanomaterial-based solutions. As a result, their increasing adoption is anticipated to propel the carbon nanotubes market's recent price in the coming years.

Breakup by Method:

Chemical Vapor Deposition (CVD)

Catalytic Chemical Vapor Deposition (CCVD)

High-Pressure Carbon Monoxide Reaction

Others

Chemical Vapor Deposition (CVD) method currently exhibits a clear dominance in the market

The report has provided a detailed breakup and analysis of the market based on method. This includes Chemical Vapor Deposition (CVD), Catalytic Chemical Vapor Deposition (CCVD), high-pressure carbon monoxide reaction, and others. According to the carbon nanotubes market report, Chemical Vapor Deposition (CVD) method currently exhibits a clear dominance in the market.

Chemical Vapor Deposition (CVD) is a method used to synthesize carbon nanotubes (CNTs) by introducing carbon-containing gases into a reaction chamber at high temperatures. The gases decompose, and carbon atoms precipitate onto a substrate, forming nanotubes. CVD offers control over CNT characteristics such as diameter, length, and alignment, making it a versatile and widely used technique in nanomaterials synthesis.

Breakup by Application:

Polymers

Electrical and Electronics

Energy

Others

Polymers account for the largest market share

The report has provided a detailed breakup and analysis of the market based on application. This includes polymers, electrical and electronics, energy, and others. According to the report, polymers account for the largest market share.

Carbon nanotubes (CNTs) are utilized in polymers to enhance their mechanical, electrical, and thermal properties. They act as reinforcing agents, improving the strength, stiffness, and toughness of polymer composites. Additionally, CNTs can impart electrical conductivity to polymers, enabling the development of conductive plastics for applications such as flexible electronics and electromagnetic interference shielding. Their high thermal conductivity makes them suitable for enhancing the thermal properties of polymers in applications like heat dissipation materials and flame retardants.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia-Pacific currently dominates the global market

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia-Pacific currently dominates the global market.

The carbon nanotubes market overview by IMARC indicates that China is the largest producer and consumer of carbon nanomaterials in Asia-Pacific. The abundance of available raw materials and the low cost of production supported the growth of the carbon nanomaterials market in the country. Moreover, the extensive application of CNT in expanding the electronics industry across APAC countries like China and India is creating a positive outlook for the overall market. For instance, the Indian government is talking with prominent semiconductor companies to set up local manufacturing units. The government invited new applications for setting up Semiconductor Fabs and Display Fabs in India from June 2023 under the Modified Semicon India Programme with an outlay of INR 76,000 crore. Similarly, according to a report by the Japan Automobile Manufacturers Association (JAMA), the country produced 7,427,179 units of passenger cars and 1,286,414 units of trucks in 2022. All these factors are anticipated to positively impact the CNT market over the coming years.

Competitive Landscape:

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Arkema S.A

Cabot Corporation

Carbon Solutions Inc.

Cheap Tubes Inc.

Jiangsu Cnano Technology Co. Ltd.

Kumho Petrochemical Co. Ltd.

LG Chem Ltd. (LG Corporation)

Nanocyl SA

OCSiAl

Ossila Ltd.

Raymor Industries Inc.

Showa Denko K.K.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Carbon Nanotubes Market Recent Developments:

March 2024: A research team at the University of Pittsburgh developed a portable sensor that relies on carbon nanotubes and gold nanoparticles to detect even small amounts of fentanyl. This sensor also tells the difference between fentanyl and other opioids.

February 2024: Researchers at Japan's Osaka University unveiled a flexible, ultrathin optical sensor that uses carbon nanotubes to convert light into electrical signals. The team says that the device could lead to better optical imaging technologies.

November 2023: Rice University was granted US$ 4.1 Million as a part of the journey towards sustainable materials research, to enhance carbon nanotube (CNT) synthesis, a critical component in the transition to green energy. This collaboration, jointly funded by The Kavli Foundation and Rice's Carbon Hub, aims to provide sustainable alternatives to materials heavily reliant on traditional industry.

Key Questions Answered in This Report

• 1. What was the size of the global carbon nanotubes market in 2023?
• 2. What is the expected growth rate of the global carbon nanotubes market during 2024-2032?
• 3. What are the key factors driving the global carbon nanotubes market?
• 4. What has been the impact of COVID-19 on the global carbon nanotubes market?
• 5. What is the breakup of the global carbon nanotubes market based on the product?
• 6. What is the breakup of the global carbon nanotubes market based on the method?
• 7. What is the breakup of the global carbon nanotubes market based on the application?
• 8. What are the key regions in the global carbon nanotubes market?
• 9. Who are the key players/companies in the global carbon nanotubes market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Carbon Nanotubes Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Product

• 6.1 Multi Walled Carbon Nanotubes (MWCNT)
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Single Walled Carbon Nanotubes (SWCNT)
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by Method

• 7.1 Chemical Vapor Deposition (CVD)
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Catalytic Chemical Vapor Deposition (CCVD)
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 High-Pressure Carbon Monoxide Reaction
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Others
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

8 Market Breakup by Application

• 8.1 Polymers
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Electrical and Electronics
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Energy
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Others
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Arkema S.A
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
    • 14.3.1.4 SWOT Analysis
  • 14.3.2 Cabot Corporation
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
    • 14.3.2.3 Financials
    • 14.3.2.4 SWOT Analysis
  • 14.3.3 Carbon Solutions Inc.
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
  • 14.3.4 Cheap Tubes Inc.
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
  • 14.3.5 Jiangsu Cnano Technology Co. Ltd.
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Kumho Petrochemical Co. Ltd.
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
    • 14.3.6.4 SWOT Analysis
  • 14.3.7 LG Chem Ltd. (LG Corporation)
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
    • 14.3.7.3 Financials
    • 14.3.7.4 SWOT Analysis
  • 14.3.8 Nanocyl SA
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
  • 14.3.9 OCSiAl
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
  • 14.3.10 Ossila Ltd.
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
  • 14.3.11 Raymor Industries Inc.
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
  • 14.3.12 Showa Denko K.K.
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio
    • 14.3.12.3 Financials
    • 14.3.12.4 SWOT Analysis