The Carbon Nanomaterials Global Market Report 2023, provides comprehensive information on the carbon nanomaterials market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Carbon Nanomaterials Global Market Report 2023, the market size is expected to grow from $4.28 billion in 2022 to $5.49 billion in 2023 at a compound annual growth rate (CAGR) of 28.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of carbon nanomaterials market is expected to reach $14.68 billion in 2027 at a CAGR of 27.9%.
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Technological advancements are a key trend gaining popularity in the carbon nanomaterials market. Companies operating in the carbon nanomaterials market are adopting new technologies to sustain their position in the market. For instance, in March 2021, Cabot Corporation, a US-based chemical company, launched the ENERMAX 6 carbon nanotube (CNT) series. The ENERMAX 6 carbon nanotube series may improve battery performance at lower loadings to increase battery energy density. It is the sole supplier of high-performance carbon additives with a broad product portfolio that has been successfully employed in the market, including carbon black, graphene, carbon nanotubes (CNTs), and carbon nanostructures (CNS), as well as dispersion and formulation capabilities. It can be used to increase battery performance at lower loadings, allowing for a more energy-dense cell.
The carbon nanomaterials market is segmented:
1) By Type: Carbon Nanofibers, Carbon Nanotube, Fullerenes, Graphene, Carbon-Based Quantum Dots, Other Types
2) By Method: Arc Discharge, Laser Ablation, Chemical Vapor Deposition, Catalyzed Chemical Vapor Deposition, High-Pressure Carbon Monoxide Reaction, Liquid Phase Carbon Nanotubes Purification
3) By End User: Building And Construction, Electrical And Electronics, Medical And Healthcare, Automotive, Aerospace, Sports And Leisure, Other End Users
Asia-Pacific was the largest region in the carbon nanomaterials market in 2022.
The table of contents in TBRC’s carbon nanomaterials market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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