Global Carbon Nanotube Market Research and Forecast 2018-2023

Global Carbon Nanotube Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2018-2023

Rising demand for small, lightweight & more durable products are boosting the carbon nanotube market”
— OMR Analyst

INDORE, INDIA, June 5, 2018 /EINPresswire.com/ -- Orion Market Research (OMR) recently published a market research report on “Global Carbon Nanotube Market”. According to OMR analysis, the global carbon nanotube market is expected to grow at 18.1% CAGR during the forecast period (2018-2023). The global carbon nanotube is segmented on the basis of structure, method of manufacturing and its applications. The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market.

The full report of global carbon Nanotube market is available at: https://www.omrglobal.com/industry-reports/carbon-nanotube-market/

“Global carbon nanotube market is expected to have double-digit growth because of its mechanical properties. It is 100 times stronger than steel and comparatively 6 times lighter in weight. High temperature range, better conductivity, eco-friendliness and flexibility are likely to act as high impact rendering factors for the growth of the global carbon nanotube market. Carbon nanotube offers a wide range of applications in automobile, aviation and energy sector.
Additionally, carbon nanotube can be used with a metallic or semiconductor properties as per the requirement. The properties of a carbon nanotube such as electrical conductivity, tensile strength, thermal conductivity, eco-friendliness, and flexibility depends upon the process of its manufacturing. With these properties, it can be easily used in the electronics segment and is enable to reduce the weight & size and increase the durability of the electronic appliances.

At present North America & Europe has been dominating the global carbon nanotube market and countries in these regions are investing considerably in the research & development. Carbon nanotube have a widespread market opportunity in aircrafts, spaceships and defense in the North American and European region.
APAC region is anticipated to be the fastest growing region due to growing demand for electronics and vehicle segment. Countries like China, India & Japan are the big manufacturer of vehicles in APAC. Apart from this; South Korea, Taiwan, Singapore are some countries with big market players in electronics segment and with the increase in demand of electronics a rise in carbon nanotube market is expected. Factors such as low manufacturing cost, increase in foreign investment, the high growth rate of economies can increase the growth of the carbon nanotube market.

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Anurag Tiwari
Orion Market Research Pvt. Ltd.
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