Dallas, TX (PRWEB) November 17, 2013
The increasing production capacity of vendors is a major trend being witnessed in the Global Carbon Nanotubes market at present. Owing to the growing demand for carbon nanotubes in the Consumer Goods, Electrical and Electronics, Energy, Healthcare, Automobile, Aerospace, and Defense sectors, many major vendors of carbon nanotubes are investing heavily in new production facilities to tap the surge in demand. Moreover, vendors are increasingly adopting new production technologies to diversify their production capabilities.
Analysts forecast the Global Carbon Nanotubes market (http://www.reportsnreports.com/reports/270702-global-carbon-nanotubes-market-2014-2018.html) to grow at a CAGR of 11.53 percent over the period 2014-2018. According to the report, one of the key drivers in the market is the fact that carbon nanotubes can replace other materials in a wide variety of applications. This is mainly because of their positive features, for instance, their excellent mechanical strength and their thermal and electrical conduction properties.
Further, the report states that the low-cost production of SWCNTs, an important high-quality variety of carbon nanotubes, is one of the major challenges in the market. Since the market is still in its nascent stage, it is expected that it will take a while for the development and adoption of cost-effective methods of producing high-quality SWCNTs. As a result, the utilization of carbon nanotubes across various applications is lower than expected. Therefore, the high cost of carbon nanotube production is a major challenge in this market.
The report recognizes the following companies as the key players in the Global Carbon Nanotubes Market: Arkema SA, CNano Technology Ltd., Nanocyl SA, and Showa Denko K.K.
Other vendors mentioned in the report are Bayer MaterialScience AG, Buckyusa Inc., Carbon NT&F, Carbon Solutions Inc., Catalyx Nanotech Inc., Chengdu Organic Chemicals Co. Ltd., CNano Technology Ltd., CNT Co. Ltd., Continental Carbon Co., Hanwha Nanotech Corp., Hyperion Catalysis International Inc., Mitsubishi Rayon Co. Ltd., Nano-C Inc., Nanocyl SA, NanoIntegris Inc., Nanolab Inc., and Nanotechlabs Inc.
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Key questions answered in this report:
1. What will the market size be in 2018 and what will the growth rate be?
2. What are the key market trends?
3. What is driving this market?
4. What are the challenges to market growth?
5. Who are the key vendors in this market space?
6. What are the market opportunities and threats faced by the key vendors?
7. What are the strengths and weaknesses of the key vendors?
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