According to SPER Market Research, the Single-Walled Carbon Nanotubes Market is estimated to reach USD 4.17 billion by 2032 with a CAGR of 32.34%. High-tech EMI shielding materials have been created as a result of the advancement of electronics and are utilised in products including stretchy sensors, implantable devices, wearable electronics, flexible displays, smart clothes, and flexible displays. Due to their special electrical characteristics, single-walled carbon nanotubes (CNTs) can be utilised in EMI shielding nanocomposite materials. The single-walled carbon nanotube (SWCNT) is a carbon allotrope that has a cylindrical shape and a high surface area to aspect ratio (length-to-diameter ratio).
It has distinctive mechanical, thermal, and electrical properties. Due to their chemical inertness, they can be employed to improve the conductivity and mechanical properties of other materials Due to the growing use of single-walled carbon nanotubes in sectors including electronics and semiconductor, aerospace and military, and automobiles, the global market is anticipated to expand significantly during the forecast period. Manufacturers should focus on nanomaterials research initiatives to diversify their income streams by taking advantage of incremental opportunities.
Single-Walled Carbon Nanotubes Market Overview (2022-2032)
- Forecast CAGR (2022-2032): 32.34%
- Forecast Market Size (2032): 4.17 billion
The global market for carbon nanotubes was impacted by the COVID-19 epidemic in a number of ways. Demand fell as a result of the period’s weak performance in the automotive, aerospace, and defence industries. The shutdown of labs and production facilities also had an impact on research and development activities. The market value of single-walled carbon nanotubes has declined overall as a result of these significant influences on supply and demand.
Impact of COVID-19 on the Single-Walled Carbon Nanotubes Market
The COVID-19 pandemic had a wide range of effects on the world economy, including direct effects on supply and demand, supply chain disruption, and financial damage. The single-walled carbon nanotubes supply chain has been directly touched by COVID-19, and production facilities have been shut down to reduce the danger of virus propagation. A reduction in demand for imported products and services, an increase in unemployment, and disruptions in the global supply chain are all signs of the unfavourable consequences of the various measures implemented to curb COVID-19. Additionally, risk aversion has grown in the financial sector as a result of historically low-interest rates and severe drops in the prices of commodities and stocks. The confidence of both consumers and businesses has drastically dropped. Due to these major effects on supply and demand, single-walled carbon nanotubes’ market value has decreased overall.
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Single-Walled Carbon Nanotubes Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.
- Armchair Form Carbon Nanotube
- Zigzag Form Carbon Nanotube
- Chiral Form Carbon Nanotube
- Arc Discharge
- Laser Ablation
- Chemical Vapor Deposition
- High-Pressure Carbon Monoxide
- Conductive Adhesives
- Conductive Polymer Composites
- Fire Retardant Plastics
- Li-ion Battery Electrodes
- Metal Matrix Composites
By End User:
- Aerospace & Defence
- Electronics & Semiconductors
- Sporting Goods & Leisure products
- Middle East
- North America
- Latin America
Single-Walled Carbon Nanotubes Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Arkema SA, Arry International Group Limited, Carbon Solutions lnc, Chasm Advanced Materials lnc, Cheap Tubes Inc., Cnano Technology Limited, Continental Carbon Nanotechnologies Inc., KH Chemicals, Klean Industries Inc., Nano-C Inc., Nanocyl SA, NanoLab lnc, Nanoshel LLC, OCSiAl, Raymor, Thomas Swan & Co. Ltd, Zeon Nano Technology Co., Ltd.
Sara Lopes, Business Consultant – U.S.A.
SPER Market Research