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Increasing application in end-use industries such as electrical & electronics is one of the significant factors influencing the market growth.<br><br>
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Carbon Nanotubes Market Size Worth USD 16.22 Billion by 2027 www.emergenresearch.com Increasing application in end-use industries such as electrical & electronics is one of the significant factors influencing the market growth.
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Market Summary The global carbon nanotube market is expected to reach USD 16.22 Billion by 2027, according to a new report by Emergen Research. The carbon nanotube (CNT) market is experiencing a rapid growth attributable to its rising demand from end-user industries such as electrical & electronics, aerospace & defense, energy, healthcare, automotive, and textiles. Carbon nanotubes are appropriate for a large number of applications necessitating resilience, robustness, electrical & thermal conductivity, and lightweight characteristics as compared to conventionally used materials Carbon nanotubes display exceptional electrical characteristic and have enormous prospects in applications associated with electrical & electronic encompassing photovoltaic cells, smart textiles, semiconductor devices, sensors, conductors, displays, and energy conversion equipment comprising fuel cells and batteries. www.emergenresearch.com
Market Summary Some Key Highlights from the Report By product type, multi-walled carbon nanotubes, in terms of revenue, contributed to the largest market size of USD 4.80 Billion in 2019. The structure of this product type results in better conductivity and the strength of atomic bonds enables it to endure high temperatures. By industry vertical, the electrical & electronics industry held the second-largest market share in 2019 and is projected to witness a growth rate of 14.6% in the forecast period. A much larger number of transistors produced from CNTs can be fitted on a chip, due to their small size, as compared to the number fitted on a silicon chip. Also, the chips are faster, very efficient, and produce much less heat than silicon chips. North America, in terms of revenue, held the second-largest market share in 2019, owing to the growth and technological advancements in the electronics industry and increased production of engineered polymers (CNTs improve the thermal decomposition and melting temperatures) in the region. Request Free Sample Copy@ https://www.emergenresearch.com/request-sample/125 www.emergenresearch.com
Market Summary Emergen Research has segmented the global carbon nanotube market on the basis of product type, methods, industry vertical, and region: Product Type Outlook (Revenue, USD Billion; 2017-2027) Single-Walled Carbon Nanotube Multi-Walled Carbon Nanotube Methods Outlook (Revenue, USD Billion; 2017-2027) Arc Discharge Laser Ablation of Graphite Chemical Vapor Deposition (CVD) Read More@ https://www.emergenresearch.com/industry-report/carbon-nanotube-market
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