- Market to Grow at 11.53 percent during 2012-2016
USA, China & Japan are the leading countries in the Global Carbon Nanotubes Market, according to the latest research findings by the independent London-based global research firm TechNavio. The findings are for the forecast period 2012-2016.
As per research analysis, in terms of consumption, US is leading the global carbon nanotubes market with a share of 23 percent, followed by Japan & China. This share is projected to increase due to a surge in demand for carbon nanotubes in the Energy sector in US. On the other hand, the growth in Japan will be due to increasing demand for carbon nanotubes applications such as capacitors and batteries.
In terms of production and consumption, the APAC region is dominating the Global Carbon Nanotubes market with a share of 45 percent in 2013 due to the growth of the electronic industry in this region. The Americas and the EMEA region closely follow this.
Speaking on this occasion, one of the senior analysts and co-author of this report said, “The Global Carbon Nanotubes market is highly fragmented and competitive due to the presence of innumerable vendors, ranging from well-established chemical companies to smaller manufacturing firms. Currently, the leading carbon nanotube manufacturers are increasing their production capacity in response to the anticipated increase in the demand for carbon nanotubes by 2018. What needs to be seen is how these companies can maintain their market share with the emergence of new companies, who are offering products and services in niche areas like nano materials and nano composites.”
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Carbon Nanotubes Market 2014-2018 please send an e-mail to media@TechNavio.com.
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Carbon Nanotubes Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.
Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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