Single-Walled Carbon Nanotube Market Overview:

Single-Walled Carbon Nanotube (SWNT) finds diversified applications in aerospace & defence, electrical & electronics, energy, and healthcare. Demonstrating greater thermal conductivity, extraordinary electrical properties and good mechanical strength, SWNTs valuably contribute in the nanotechnology and other fields of material science. These factors empower SWNT to perceive wide uptake and hence an extensive demand worldwide. And this defines the ever increasing market size of SWNT globally.

Augmenting demand from the burgeoning industries like Automotive, Energy, Aerospace & Defence, Electrical & Electronics, and healthcare is the key factor driving the market growth.

Conversely, factors like the cost of structure, complex manufacturing and processing methods of SWNT hamper the market growth. Also, Arch Discharge and Laser Ablation methods which are harmful to the environment restrict the production of SWNT to a low scale impacting its market growth negatively to an extent.

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Key Players and Competitive Analysis:

Showa Denko K.K. (Japan), Arry International Group Limited (China), Hanwha Chemical Corporation (South Korea), Carbon Solutions, Inc. (U.S.), Thomas Swan & Co. Ltd. (U.K.), OCSiAI (Luxembourg), and Nanocyl SA (Belgium) are some of the prominent players at the forefront of competition in the Global Single-Walled Carbon Nanotube Market and are profiled in MRFR Analysis

Industry/ Innovations/ Related News:

January 31, 2018 – South Korean researchers presented their study of a new class of wearable power sources they developed using multi-walled Carbon Nanotube Inspired by the designs printed on T-shirts. Now printing of super-capacitors directly on any cotton fabric e.g. T shirts is possible using the UV curing-assisted stencil printing. These super-capacitors, are monolithically integrated with the T-shirts look like typical letters or symbols commonly printed on T-shirts. These the super-capacitor printed T-shirts maintain their shape and dimensions without impairing the electrochemical activity upon exposure to the laundering, wringing, ironing, and folding often encountered in daily clothing.

Worldwide Single-Walled Carbon Nanotube Market Regional Analysis:

Asia Pacific is both the largest and fastest growing region in the global SWCNT market accounting for ~40% of market share.

North America is the second largest region in the global SWCNT market. US is holding major share of the regional SWCNT market.

Europe is the significant region in terms market size, in the global SWCNT market. Countries namely Germany, U.K., France and Italy are the major markets in this region. This is attributed to the growing aerospace & defense industry along with green energy sector in this region.

Middle East & Africa is an emerging market owing to increasing construction activities to cater flourishing tourism industry in the region to join hands with the leading regions in the global SWCNT market during the forecast period.

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Market Segmentation:

The global SWCNT market is segmented on the basis method, end use industry, and region. On the basis of method the market is divided into arc discharge, laser ablation, chemical vapor deposition (CVD), high pressure carbon monoxide disproportionation (HiPCO). The high pressure carbon monoxide disproportionation method is the only continuous method or process among them while the remaining three are the batch processes.

The CVD method among them is the most popular as it yields high quality and has good control over diameter and length of the tube structure. CVD segment in the global SWCNT market is estimated highest CAGR during the forecast period. This is attributed to the low cost, ability of this method to form larger structures, and less complexity of this method. HiPCO is a substantial method in manufacturing of SWCNT.

It is a continuous process which makes manufacturing of SWCNT more economical and commercially viable. Arc discharge and laser ablation are the viable methods when it comes to manufactures SWCNT at smaller or laboratory scale. Both, arc discharge and laser ablation methods are harmful to the natural environment and human body, which restricts its use for industrial or commercial production of SWCNT