HOME › Research Insight › Companies are consistently focusing on expanding their production capacities
Companies are consistently focusing on expanding their production capacities
Carbon nanotubes (CNTs) is a niche market but with a huge market potential. The market is semi-consolidated with a handful of players covering the maximum market share. There are different major players for different applications. In the CNTs industry, agreements and collaborations is the most commonly followed approach by the market participants in order to grow and sustain their share.
The major developments in the CNTs market are dominated by a few major players such as Nanocyl S.A.(Belgium), SouthWest NanoTechnologies Inc. (U.S.), Unidym Inc. (U.S.), Showa Denko K.K.(Japan), Arkema S.A.(France), CNano Technology Ltd. (U.S.), Thomas Swan & Co. Ltd. (U.S.), Hyperion Catalysis International Inc. (U.S.), etc. The market players are mainly focused on the development of CNTs and CNT-based products by collaborating with other companies to develop and grow their market share.
This industry has a low threat from new entrants as to manufacture the CNTs requires a high technical expertise and the cost and purity are the main challenging factors for the new entrants. The properties of this raw material have to be altered to be effectively used as CNTs. The new entrants can expect high growth rates, provided they venture into new applications with low cost CNTs.
Electronics & semiconductors is the largest application of CNTs and have the maximum number of companies. These segments have seen the maximum number of developments by the market players followed by composites, and chemical & polymers.
Nanocyl S.A. (Belgium), SouthWest NanoTechnologies Inc. (U.S.), Unidym Inc. (U.S.), had the maximum number of developments in the CNTs industry from 2009 to 2013. These companies operate in various applications like electronics & semiconductors, chemical & polymers, batteries & capacitors, energy, medical, composites, and aerospace & defense.
Carbon Nanotubes (CNTs) Market by Type (SWCNTS & MWCNTS), Application (Electronics & Semiconductors, Chemical & Polymers, Batteries & Capacitors, Energy, Medical, Composites, & Aerospace & Defense) & Geography - Global Trends & Forecasts To 2018
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252