(MENAFN- Alliance News) The research study conducted by Report Ocean on the " CNT Primary Grades Market " spans over 100+ pages and delves into various facets of this market. It analyses the business strategies adopted by emerging industry players, examines the geographical scope, dissects market segments, evaluates the product landscape, and investigates price and cost structures. This research report facilitates market segmentation based on the latest Market trends, geographical market, and technological advancements. Each section of the report is meticulously prepared to scrutinize key aspects of the market. Moreover, it includes a detailed analysis of current applications, comparing them while focusing on opportunities, threats, and conducting a competitive analysis of major companies.
Global CNT Primary Grades Market is valued at approximately USD $$billion in 2022 and is anticipated to grow with a healthy growth rate of more than $$% over the forecast period 2023-2030. The CNT primary grades market refers to the market for carbon nanotubes (CNTs) that are used as raw materials or primary grades in various applications such as electronics, aerospace, energy, and healthcare. CNTs are a type of nanomaterial made of rolled-up graphene sheets and have unique properties such as high strength, electrical conductivity, and thermal conductivity. The major driving factors for the Global CNT Primary Grades Market are increasing demand for miniaturization in the electronics industry and growing demand for lightweight, high-strength materials in the automotive and aerospace industries. Furthermore, the growing R&D investments and technological advancements in CNT production and application are expected to create new opportunities for the market in the coming years.
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In June 2020, the BMW Group announced its plans to increase the use of carbon fiber-reinforced plastic (CFRP) in its vehicle components, which would reduce the weight of its cars and improve fuel efficiency. Furthermore, in November 2020, the European Space Agency (ESA) announced the successful testing of a 3D-printed rocket engine made of CNT composites, which demonstrated the potential for CNTs to be used in the aerospace industry. However, the high cost of CNT Primary Grades stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global CNT Primary Grades Market study include: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. In North America, the United States is expected to be the largest market for CNT primary grades due to the presence of several key players and significant R&D activities in the region. Asia-Pacific is projected to be the fastest-growing market for CNT primary grades due to the rapid industrialization in countries such as China, Japan, South Korea, and India. The increasing demand for high-performance materials and the growth of the electronics and automotive industries are expected to drive the market in this region.
Major market players included in this report are:
Arkema Group
Carbon Solutions Inc.
Cheap Tubes Inc.
CNano Technology Limited
Hanwha Chemical Corporation
Hyperion Catalysis International Inc.
Klean Carbon Inc.
Nano-C Inc.
Nanocyl S.A.
OCSiAl Group
Recent Developments in the Market:
In January 2021, researchers from the University of Manchester and the National Physical Laboratory developed a new method to measure the quality of CNTs in real-time. The initiative aims to help manufacturers produce high-quality CNTs for various applications, including electronics, energy storage, and biomedical devices.
In October 2020, OCSiAl Group announced the launch of a new grade of CNTs, called TUBALL MATRIX 815, which is specifically designed for the production of high-performance polymer composites. The initiative aims to help manufacturers improve the mechanical and electrical properties of their products.
Global CNT Primary Grades Market Report Scope:
Historical Data: 2020 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type of CNT, Application, End-Use Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analysts working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type of CNT offerings of key players.
The detailed segments and sub-segment of the market are explained below.
By Type of CNT:
Single-walled carbon nanotubes (SWCNTs)
Multi-walled carbon nanotubes (MWCNTs)
By Application:
Chemical and materials
Electrical and electronics
Energy
Healthcare and life sciences
Aerospace and defense
Others
By End-Use Industry:
Automotive
Construction
Aerospace and defense
Electronics
Medical
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Key Questions Answered in the Market Report:
? How did the COVID-19 pandemichave an impact onthe adoption ofviaa range ofpharmaceutical andexistencesciences companies?
? What is the outlook for theaffectmarketall throughthe forecastlength2023-2032?
? What are the keydevelopmentsinfluencing thehave an impact onmarket? How will theyhave an impact onthe market in short-, mid-, and long-term duration?
? What is thegive uppersonappreciationtoward?
? What are the keyelementsimpacting thehave an effect onmarket? What will be therehave an impact onin short-, mid-, and long-term duration?
? What are the keypossibilitiesareas in theinfluencemarket? What is theirworkablein short-, mid-, and long-term duration?
? What are the keytechniquesadoptedviagroupsin thehave an effect onmarket?
? What are the keyutilityareas of theinfluencemarket? Whichutilityispredictedtokeepthevery bestincreaseattainableall throughthe forecastduration2023-2033?
? What is thefavoureddeploymentmannequinfor the impact? What is theboomconceivableofquite a numberdeploymentfashionsexistingin the market?
? Who are the keyceasecustomersof pharmaceutical quality? What is their respective share in theaffectmarket?
? Which regional market ispredictedtomaintaintheeasiestboompossiblein thehave an impact onmarketat some stage inthe forecastlength2023-2032?
? Which are the keygamersin thehave an impact onmarket?
Growth Hampering Factors in the Market:
Environmental regulations : Stricter environmental regulations on the production and use of fossil fuels can limit the availability and use of traditional market. Safety concerns: Safety concerns regarding the storage and transportation of can limit their use. Supply chain disruptions: Disruptions in the global supply chain due to natural disasters, pandemics, or other factors can impact the availability and cost of market. Security concerns: Security concerns regarding the transportation and storage of market can limit their use and availability. Technological obsolescence: Advances in technology can make existing systems obsolete, leading to reduced demand. Competition from alternative fuels: The development of alternative fuels such as biofuels and hydrogen-based fuels can compete with traditional market. Volatility in oil prices: Fluctuations in oil prices can affect the cost of market, making it difficult for industry players to predict and plan for costs. Economic downturns: Economic downturns can result in reduced demand for air travel and air cargo transportation, leading to a reduction in demand for market. Geopolitical tensions: Political instability and tensions between nations can impact the global supply chain for market, leading to supply disruptions and price fluctuations.
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