TechNavio today launched its Global Carbon Nanotube Market 2011“2015 report based on an in-depth study covering the Americas, and the EMEA and the APAC regions. The report aims to aid decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Clean Tech team said; Increasing investment in the R&D of Carbon Nanotubes (CNTs) is one of the most significant trends observed in the Global CNT market. For instance, Research and Development of Carbon Nanotubes S.A., also called Nanothinx-NTX, and Innovation Alliance Carbon Nanotubes (Inno.CNT) are engaged in R&D on CNTs. The research initiatives help to increase the awareness of the various applications of CNTs and will thus create a market demand for such products. Furthermore, there is growing research to develop methods to spin CNTs into flexible yarn so that the materials can be treated to produce superconducting cables or electrodes for batteries or fuel cells. This trend results in an increase in the growth of the market.
According to the report, the price of CNTs has declined in the recent past. In 2008, the price of CNTs was in the range of US$80“100 per kg. In 2009 and 2010 it went down to a great extent. As a result of the increase in the production of CNTs by several vendors, the price is expected to go down further. This trend is expected to increase the use of these devices in various industrial applications. This is one of the significant factors driving the growth of the Global CNT market.
Further, the report also discusses that the increase in the production cost of high-quality CNTs is one of the major challenges for the Global CNT 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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-carbon-nanotube-market-2011-2015
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TechNavio Announces the Publication of its Report “ Global Carbon Nanotube Market 2011“2015
