OCSiAI owns 90% of Global Single-Walled Carbon Nanotubes Market

Published on : Nov 23, 2019

Single-walled carbon nanotubes (SWCNT) are used to make composites that act as filler and polymers that unite to block electromagnetic radiation passage in electronic devices in order to prevent them for damage. This EMI-shielding is used in various applications including mobile computers housings and personal computers, aerospace components and GPS devices.

EMI-shielding property of these nanotubes along with technological advancements in various sectors including defense, aerospace and medical sectors are expected to be primary derivers of global single walled carbon nanotubes market in the forecast period 2019-2027. Battery storage systems such as lead acid, sodium ion, lithium ion and flow batteries utilize SWCNT for its superior conductivity that can be achieved at ultra-low concentrations to allow battery’s’ active material to stay at higher concentration. These batteries increase demand of Single-walled carbon nanotubes.

Global Single-walled carbon nanotubes market was estimated to be   ?US$130Mn in the year 2018. It is anticipated to grow at    ?52% CAGR in in the forecast period 2019-2027.

An intelligence report titled, “Single-walled Carbon Nanotube Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository

Automotive Industry fuels growth

Single-walled carbon nanotubes are widely used in automotive industry to enhance fuel efficiency. It is also successfully used in different types of coatings in automotive sector including wear-resistant coating, dirt-repellent coating, displays, thermal barrier coating, scratch-resistant paint, anti-reflective coating and biocide coating. SWCNT exhibits great thermal, electrical and mechanical properties that are demanded in electronic devices.

Global Single-walled carbon nanotubes market is largely captured by single manufacturer OCSiAI who owns 90% of the market. Several stake holders are striving to penetrate in the market. Zeon constructed Single-walled carbon nanotubes plant in Japan expand its market presence. Other significant players in global Single-walled carbon nanotubes market include Thomas Swan & Co., Ltd. and Meijo Nanocarbon Co, Ltd.

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