Carbon Nanotubes Market to Reach US$6.81 bn by 2023, driven by Lightweight Attributes of CNTs

ALBANY, N.Y. - Feb. 1, 2016 - PRLog -- The report analyzes and forecasts the carbon nanotubes market on the global and regional level. The study provides historical data of 2014 along with forecast from 2015 to 2023 based on volume (tons) and revenue (US$ Mn). The study includes drivers and restraints for the carbon nanotubes market along with their impact on demand during the forecast period. The report also analyzes opportunities in the carbon nanotubes market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources.

We have included a detailed analysis of the value chain to provide a comprehensive view of the carbon nanotubes market. Value chain analysis provides details such as integration in the market, distribution channels, product segments, and end-users. Analysis of Porter’s Five Forces model has also been included to help understand the competitive landscape of the carbon nanotubes market. The study encompasses market attractiveness analysis, wherein application segments of the market are benchmarked based on market size, compound annual growth rate (CAGR), general attractiveness, and company market share. We have also incorporated company market share analysis to provide detailed analysis of the market.

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The study provides a decisive view of the carbon nanotubes market by segmenting it on the basis of products and applications. Product and application segments have been analyzed based on current and future trends, and the market has been estimated from 2015 to 2023 in terms of volume (kilo tons) and revenue (US$ Mn). Regional segmentation includes current and forecast demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It also includes demand for individual products and applications in major countries in the respective regions.

The report provides detailed competitive outlook that includes profiles of key players operating in the global carbon nanotubes market. Key players profiled in the report include Arkema SA, CNano Technology Limited, Carbon Solutions, Inc., Hanwha Nanotech Corporation, Showa Denko K.K., Future Carbon GmbH, CNT Co., Ltd., Continental Carbon Nanotechnologies, Inc., Klean Commodities, Raymor Industries Inc., Hyperion Catalysis International Inc., Nanothinx S.A., Korea Kumho Petrochemical Company Ltd., Nano-C Inc., Nanocyl S.A., Nanoshel LLC, Southwest Nanotechnologies Inc., and Thomas Swan & Co. Ltd. Company profiles include attributes such as company overview, brand/product portfolio, financial overview, business strategy, and key/recent developments related to the market.

Constant currency rates have been considered while forecasting the market. Prices of carbon nanotubes by products and applications vary in each region; hence, a similar volume-to-revenue ratio does not follow for each individual region. Regional average price has been considered while breaking down the market by product segment and application in each region. Models and estimates have been used to produce comprehensive data sets when hard data was not available. We have used the bottom-up approach by considering individual product and application segments and integrating them to arrive at the global market. Product segments and applications have been further divided using the top-down approach to derive the consumption of products in the regional market.

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In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.