Some very interesting info in this report, some of it will gain the attention of the naysayers no doubt, they will always find something bad whenever they can, but I don't see them stopping the use of CNT's anytime soon!
Besides EdenCrete have already addressed the issue of CNT's and their possible harmful effects, there are plenty of harmful products out there in the world, commonsense is the key to their use I believe, although it isn't as common as it should be from what I have seen?
https://globenewswire.com/news-rele...Lightweight-Low-Carbon-Emitting-Vehicles.html
Global Carbon Nanotubes (CNT) Market (2018-2023) - Increasing Demand for Lightweight & Low Carbon Emitting Vehicles
November 16, 2018 09:21 ET | Source: Research and Markets
Dublin, Nov. 16, 2018 (GLOBE NEWSWIRE) -- The "Carbon Nanotubes (CNT) Market by Type, Method, Application - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The carbon nanotubes market is estimated to grow from USD 4.55 billion in 2018 to USD 9.84 billion by 2023, at a CAGR 16.7%.
The demand for carbon nanotubes has been increasing rapidly in applications such as field emission displays, integrated circuits, hydrogen storage, lithium batteries, solar PV cells, fuel cells, and drug delivery. Increasing commercialization; ramping up of installed capacities; and technological advancements to bring down prices, improve quality, and develop more advanced products are the trends in the carbon nanotubes market.
Currently, R&D is being undertaken for capturing new applications, including food materials, glass ceramic, structural steel, agriculture, and hair color.
The constant increase in the feasibility of potential applications for carbon nanotubes will keep the demand ticking upward during the forecast period.
The carbon nanotubes market is segmented on the basis of on multi-walled and single-walled carbon nanotubes.
The multi-walled carbon nanotube segment is expected to grow at a higher CAGR in terms of value during the forecast period from 2018 to 2023.
MWCNTs are used in applications such as electrical conductivity, conductive transparent electrodes, conductive heating films, conductive nano inks, nanodevices, displays, chemical sensors, super batteries, supercapacitors, energy storages, solar industries, and thermal interface material. They are highly conductive when properly integrated into a composite structure. Only the outer walls of MWNTs are conductive, not the inner ones.
The carbon nanotubes market is segmented based on method into chemical vapor deposition (CVD), catalytic chemical vapor deposition (CCVD), and high-pressure carbon monoxide reaction (HiPCO), among others. The CVD segment is expected to grow at the highest CAGR during the forecast period.
It is the largest and fastest-growing method segment globally. CVD of hydrocarbons over a metal catalyst is a classical method that has been used by various manufacturers to produce carbon nanotube. It is also the cheaper method, and it is expected that the price will further go down globally.
The carbon nanotubes market is segmented based on application into electronics & semiconductor, advanced materials, chemical & polymers, batteries & capacitors, energy, aerospace & defense, medical, and others.
The electronics & semiconductor segment is expected to grow at the highest CAGR during the forecast period.
Carbon nanotubes offer unique electrical properties for building electronic devices such as field effect transistors and diodes. These are also used to form a p-n junction diode by polymer coating and chemical doping. Furthermore, carbon nanotube-based diodes can potentially disperse heat out of the computer chips due to their unique thermal transmission properties.
The APAC carbon nanotubes market is expected to grow at the highest CAGR during the forecast period, which can be attributed to the rising demand for carbon nanotubes from India, China, South Korea, Vietnam, Taiwan, and Singapore. The robust demand in the region is the major driving factor for the global carbon nanotubes market. China will lead the demand for carbon nanotubes due to its increased industrial production. It is also among the largest consumers of carbon nanotubes at the global level.
Aerospace & Defense
Due to the risks involved in flying, aircraft manufacturers are striving to make the aerospace components stronger, tougher, and longer lasting. The industry is also seeking to reduce weight in an on-going bid to reduce fuel consumption and, by extension, operating costs. Nanomaterials are utilized in the aerospace industry for improved (or tailored) properties that improve their functional performance (e.g., mechanical or electrical properties) or that deliver multi-functional properties (e.g., lightweight conductive nanocomposites). The bulk of R&D into aerospace applications of nanomaterials at present focuses on structural reinforcement of composite materials.
Electronics & Semiconductors
The recent surge in the electronics industry, particularly in semiconductors and printed circuit boards (PCBs), has resulted in the increased use of carbon nanotubes, globally. The outlook of the electronics & semiconductors industry is positive in the near future with high potential for product innovation. Carbon nanotubes have excellent mechanical and electronic properties, thereby making them extremely attractive for new generation electronics applications.
Chemical & Polymers
The growing demand for coating resins from the building and construction industry is one of the key factors anticipated to fuel the growth of the Asia Pacific coating resins market in the next few years. Some of the coating manufacturers include Akzo Nobel Coatings N.V. (Netherland), PPG Industries Inc. (US), Sherwin-Williams Co. (US), and DuPont Coatings & Color Technologies Group (US). The filter manufacturers include International Business Machines Corporation (US), Eastman Kodak Company (US), Samsung Electronics (South Korea), and Panasonic Corporation (South Korea).
Batteries & Capacitors
Carbon-nanotubes, with distinct 1D-tubular structure, excellent electrical and thermal conductivities, mechanical flexibility, and significantly large surface-area, are considered best nanomaterials to enhance lithium batteries performance. Lithium batteries are expected to have the highest market share during the forecast period. The demand for lithium-ion batteries is rapidly increasing in vehicles that require lightweight and high-energy density solutions. These batteries provide the highest energy density per weight and also used in cellular phones, notebook computers, and hybrid automobiles. OEMs have to adopt batteries which have high capacities and are also light in weight that provides them with the leanest production process and also reduces CO2 emissions.
Restraints
Increasing concerns over the environmental impact of carbon nanotubes have led to stringent regulatory constraints for carbon nanotubes manufacturers. High risk is identified for human beings and the environment from carbon nanotubes agglomerates. The toxicity of carbon nanotubes may affect human health, including increased risk of high blood pressure and kidney damage. Carbon nanotubes are fibrous in nature and may cause some health problems if inhaled.
The general public faces exposure to nanoparticles and nanomaterials from a number of products containing nanoparticles available in the market, such as paints and varnishes, cosmetics, advanced textiles, fuel catalysts, specialist automotive and aerospace components such as airframe, body parts, and combat jackets.
As manufacturers of nanomaterials are increasing production capacities, more nanoparticles are released into the environment.
Hence, exposure of the general public to nanomaterials is rapidly increasing.
Key Topics Covered
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions
2.5 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Carbon Nanotubes Market
4.2 Carbon Nanotubes Market, By Type
4.3 Carbon Nanotubes Market, By Method
4.4 Carbon Nanotubes Market, By Application
4.5 Carbon Nanotubes Market, Developed vs Developing Countries
4.6 APAC Carbon Nanotubes Market, By Country and Application
4.7 Global Carbon Nanotubes Market Size, By Country, 2017
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Overview of the Factors Governing the Carbon Nanotubes Market
5.2.2 Drivers
5.2.2.1 Emerging Demand From the APAC Region
5.2.2.2 High Growth of End-Use Industries Such as Electrical & Electronics and Automotive
5.2.2.3 Increasing Demand for Lightweight and Low Carbon Emitting Vehicles
5.2.2.4 Technological Advancements and Decreasing Production Cost
5.2.3 Restraints
5.2.3.1 Environmental Concern and Health & Safety Issues
5.2.4 Opportunities
5.2.4.1 Growth in Emerging Applications
5.2.5 Challenges
5.2.5.1 Maintaining Quality and Reducing Processing Cost
5.2.5.2 Stringent and Time-Consuming Regulatory Policies
5.3 Porter's Five Forces Analysis
5.3.1 Intensity of Competitive Rivalry
5.3.2 Bargaining Power of Buyers
5.3.3 Bargaining Power of Suppliers
5.3.4 Threat of Substitutes
5.3.5 Threat of New Entrants
6 Macroeconomic Indicators
6.1 Introduction
6.2 Trends and Forecast of GDP
6.3 Trends in the Automotive Industry
6.4 Construction Industry Spending Worldwide, 2017-2025
6.5 Estimated Growth Rate of Electrical & Electronics Industry, By Region
6.6 Trends of the Solar Power Industry
7 Carbon Nanotubes Market, By Method
7.1 Introduction
7.1.1 Physical Process
7.1.2 Chemical Process
7.1.3 Miscellaneous Processes
7.2 Chemical Vapor Deposition
7.2.1 Chemical Vapor Deposition Segment Was the Largest Method Used in the Manufacturing of Carbon Nanotubes, Globally
7.3 Catalytic Chemical Vapor Deposition (CCVD)
7.3.1 Flexibility and Efficiency of Catalytic Chemical Vapor Deposition has Driven the Market
7.4 High-Pressure Carbon Monoxide Reaction
7.4.1 Single-Walled Carbon Nanotubes are More Suitable in This Method With High-Pressure Carbon Monoxide Reaction
7.5 Others
7.5.1 Arc Discharge and Laser Ablation
7.5.1.1 Arc Discharge and Laser Ablation Method has Potential to Manufacture High Grades of Carbon Nanotubes
7.5.2 Flame Synthesis
7.5.3 Electrolysis
7.5.4 Comocat
8 Carbon Nanotubes Market, By Type
8.1 Introduction
8.1.1 Multi-Walled Segment is Expected to Drive Carbon Nanotubes Market
8.2 Single-Walled Carbon Nanotubes (SWCNT)
8.2.1 China is Expected to Drive the Carbon Nanotubes Market in APAC
8.3 Multi-Walled Carbon Nanotubes (MWCNT)
8.3.1 Electrical & Electronics Application to Drive the Global Carbon Nanotubes Market
9 Carbon Nanotubes Market, By Application
9.1 Introduction
9.1.1 Aerospace & Defense Application is Expected to Drive the Global Carbon Nanotubes Market
9.2 Electronics & Semiconductors
9.2.1 Integrated Circuits is Expected to Drive the Global Electronics & Semiconductors Market
9.3 Chemicals & Polymers
9.3.1 Coatings Application is Expected to Drive the Global Chemicals & Polymers Market
9.4 Batteries & Capacitors
9.4.1 Lithium Batteries Application is Expected to Drive the Global Batteries & Capacitors Market
9.5 Energy
9.5.1 Fuel Cells Application is Expected to Drive the Global Energy Market
9.6 Medical
9.6.1 Drug Delivery Application is Expected to Drive the Global Medical Market
9.7 Advanced Materials
9.7.1 Construction Application is Expected to Drive the Global Advanced Materials Market
9.8 Aerospace & Defense
9.8.1 Bulletproof Vests, Combat Jackets & Explosion Protection Blankets to Drive the Global Aerospace & Defense Market
9.9 Others
9.9.1 Space Elevator, Cosmetics, FMCG Goods, and Technical Textiles to Drive the Global Aerospace & Defense Market
10 Carbon Nanotubes Market, By Region
10.1 Introduction
10.2 APAC
10.2.1 China
10.2.1.1 China Accounted for the Largest Market Size of Carbon Nanotubes in APAC
10.2.2 Japan
10.2.2.1 Electronics & Semiconductors is the Largest Application in the Carbon Nanotubes Market in Japan
10.2.3 South Korea
10.2.3.1 Automotive and Electronics & Semiconductors Applications Have Driven the Carbon Nanotubes Market in South Korea
10.2.4 Malaysia
10.2.4.1 Automotive and Building & Construction Applications Have Driven the Carbon Nanotubes Market in Malaysia
10.2.5 India
10.2.5.1 Nanotechnology for the Energy Industry has Boosted the Indian Carbon Nanotubes Market
10.2.6 Taiwan
10.2.6.1 Electrical & Semiconductors Industry Was the Largest Consumer of Carbon Nanotubes in Taiwan
10.2.7 Vietnam
10.2.7.1 Increasing Demand for Electronics & Electrical and Polymers Have Driven the Carbon Nanotubes Market in Vietnam
10.2.8 Indonesia
10.2.8.1 Multi-Walled Carbon Nanotubes Accounted for the Largest Type in the Country
10.2.9 Rest of APAC
10.2.9.1 Electronics Industry, Coating Requirements, Increase in Population, and Improving Economic Conditions, Expected to Drive the Carbon Nanotubes Market in the Rest of APAC
10.3 North America
10.3.1 US
10.3.1.1 Growth in the Residential and Commercial Housing Sectors to Drive the Carbon Nanotubes Market in the Country
10.3.2 Canada
10.3.2.1 Growth in the Economy and Automotive Industry Expected to Drive the Carbon Nanotubes Market in the Country
10.3.3 Mexico
10.3.3.1 Strong Rebound in Exports and Improved Business Confidence to Strengthen the Mexican Carbon Nanotubes Market
10.4 Europe
10.4.1 Germany
10.4.1.1 German Automotive Industry Expected to Drive the Carbon Nanotubes Market
10.4.2 France
10.4.2.1 Aerospace & Defense and Automotive Industries Expected to Drive the Carbon Nanotubes Market
10.4.3 UK
10.4.3.1 Building & Construction and Automotive Industries Expected to Drive the Carbon Nanotubes Market
10.4.4 Netherlands
10.4.4.1 Transport/Logistics, Trading, and Service Sectors Expected to Drive the Carbon Nanotubes Market
10.4.5 Belgium
10.4.5.1 Automotive Industry is Expected to Drive the Carbon Nanotubes Market
10.4.6 Russia
10.4.6.1 Aerospace & Defense Expected to Drive the Carbon Nanotubes Market
10.4.7 Turkey
10.4.7.1 Building & Construction and Automotive Industries Expected to Drive the Carbon Nanotubes Market
10.4.8 Poland
10.4.8.1 Growth in the Chemical Manufacturing Industry Expected to Drive the Carbon Nanotubes Market
10.4.9 Rest of Europe
10.4.9.1 Commercial & Residential Construction Sectors Expected to Drive the Carbon Nanotubes Market
10.5 South America
10.5.1 Brazil
10.5.1.1 Aerospace & Defense, Construction, and Automotive Industries Expected to Drive the Carbon Nanotubes Market
10.5.2 Argentina
10.5.2.1 Increase in the Vehicle Production By Fiat, Ford, General Motors, Honda, Iveco, Mercedes-Benz, Psa Peugeot-Citroen, Renault, Scania, Toyota, and Volkswagen Have Driven the Carbon Nanotubes Market in the Country
10.5.3 Rest of South America
10.5.3.1 Rise in the Building & Construction Activities has Increased the Consumption of Carbon Nanotubes in the Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.1.1 Rising Demand From the Automotive, Electronics, Aerospace, Energy, and Construction Industries Have Driven the Carbon Nanotubes Market
10.6.2 South Africa
10.6.2.1 Low Production Costs and Access to New Markets Facilitated By Trade Agreements With the EU and Southern African Development Community Have Driven the Carbon Nanotubes Market
10.6.3 Rest of Middle East & Africa
10.6.3.1 Automotive, Electronics, Aerospace & Defense, and Building & Construction Industries are Expected to Drive the Carbon Nanotubes Market in the Region
11 Competitive Landscape
11.1 Introduction
11.2 Competitive Scenario
11.2.1 Contract/Agreement & Partnership/Joint Venture
11.2.2 New Product Launch
11.2.3 Investment & Expansion
12 Company Profiles
12.1 Nanocyl SA
12.2 Arkema SA
12.3 Cheap Tubes, Inc.
12.4 Showa Denko K.K.
12.5 Toray International Group Limited
12.6 Arry International Group Limited
12.7 Hanwha Corporation
12.8 Cnt Co., Ltd.
12.9 Carbon Solutions, Inc.
12.10 Cnano Technology Ltd.
12.11 Ocsial
12.12 Other Key Companies
12.12.1 Kumho Petrochemical Co., Ltd.
12.12.2 Grafen Chemical Industries (Grafen Co.)
12.12.3 Chengdu Organic Chemicals Co. Ltd.
12.12.4 Klean Commodities
12.12.5 Thomas Swan & Co. Limited
12.12.6 Raymor
12.12.7 Nanolab Inc.
12.12.8 Nanoshel LLC
12.12.9 Advanced Nanopower Inc.
12.12.10 Chasm Advanced Materials, Inc.
12.12.11 Nanothinx S.A.
12.12.12 Nano-C Inc.
12.12.13 Xinnano Materials, Inc.
12.12.14 Reinste Nano Ventures
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