TechNavio recognizes the following companies as the key players in the Global Carbon Nanotubes Market: Arkema SA, CNano Technology Ltd., Nanocyl SA, and Showa Denko K.K.
Commenting on the report, an analyst from TechNavio’s team said: “The increasing production capacity of vendors is a major trend being witnessed in the Global Carbon Nanotubes market at present. Owing to the growing demand for carbon nanotubes in the Consumer Goods, Electrical and Electronics, Energy, Healthcare, Automobile, Aerospace, and Defense sectors, many major vendors of carbon nanotubes are investing heavily in new production facilities to tap the surge in demand. Moreover, vendors are increasingly adopting new production technologies to diversify their production capabilities.”
According to the report, one of the key drivers in the market is the fact that carbon nanotubes can replace other materials in a wide variety of applications. This is mainly because of their positive features, for instance, their excellent mechanical strength and their thermal and electrical conduction properties.
Further, the report states that the low-cost production of SWCNTs, an important high-quality variety of carbon nanotubes, is one of the major challenges in the market. Since the market is still in its nascent stage, it is expected that it will take a while for the development and adoption of cost-effective methods of producing high-quality SWCNTs. As a result, the utilization of carbon nanotubes across various applications is lower than expected. Therefore, the high cost of carbon nanotube production is a major challenge in this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-carbon-nanotubes-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Carbon Nanotubes Market 2014-2018
