Lucintel anticipates that Asia Pacific will be the fastest growing region in the carbon nanotubes market

   September 26, 2019
According to a market report by Lucintel, the future of the carbon nanotubes market looks promising with opportunities in the electronics & semiconductor, advanced material, chemical & polymer, battery & capacitor, aerospace & defense, energy, and medical industries. The carbon nanotubes market is expected to grow with a CAGR of 17% from 2019 to 2024. The major growth driver for this market is the increasing demand for carbon nanotubes due to its various properties such as high thermal and electrical conductivity, high strength, and elasticity in various end use industries.

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In this market, multi-walled carbon nanotubes, single-walled carbon nanotubes, and carbon nanotubes are the major structure type. Multi-walled carbon nanotube is the largest structure type used of the carbon nanotube market.

Within the carbon nanotubes market, electronics & semiconductor, advanced material, chemical & polymer, battery & capacitor, aerospace & defense, energy, and medical are the major end use industries. Electronics & semiconductor is the largest end use segment for carbon nanotubes.

Chemical vapor deposition, catalytic chemical vapor deposition, high pressure, and carbon monoxide reaction are the major methods of the carbon nanotubes market.

The Asia Pacific region will remain the largest market over the forecast period due to increased industrial production.

Nanocyl SA, Arkema SA, Cheap tubes Inc., Showa Denko K.K., Toray International Group Limited, Arry International Group Limited, CNT Co., Ltd., Carbon Solutions, Inc., M5Cnano Technology Ltd., Hanwha Chemical Corp., Kumho Petrochemical Co., Ltd., Nanolab Inc., and Nanoshel LLC are among the major manufacturers of carbon nanotubes.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the carbon nanotubes market by end use industry, structure type, method, and region. Lucintel has prepared a comprehensive research report entitled "Carbon Nanotubes Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes forecast for the carbon nanotube market by end use industry, structure type, method, and region as follows:

By Structure Type [$M shipment analysis for 2013 – 2024]:

  • Single-Walled Carbon Nanotubes

  • Multi-walled Carbon Nanotubes       

By Method [$M shipment analysis for 2013 – 2024]:

  • Chemical Vapor Deposition

  • Catalytic Chemical Vapor Deposition

  • High Pressure Carbon Monoxide Reaction

  • Others                                          

 By End Use [$M shipment analysis for 2013 – 2024]:

  • Electronics & Semiconductors

  • Advanced Materials

  • Chemical & Polymers

  • Batteries & Capacitors

  • Aerospace & Defense

  • Energy

  • Medical

  • Others

Based on Region [$M shipment analysis for 2013 – 2024]:

  • North America

    • US

    • Canada

    • Mexico

  • Europe

    • Germany

    • Spain

    • France

    • United Kingdom

    • Russia

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • Thailand

  • The Rest of the World

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

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