Transparency Market Research Report Added "Carbon Nanotubes (CNTs) Market" to its database.

Albany, NY -- (SBWire) -- 02/18/2015 --Carbon nanotubes (CNTs) are tube shaped materials, made of carbon, having a diameter close to nanometers. Due to its extraordinary properties and variety of applications, carbon nanotubes have gained the attention of various industries including electronics, nanotechnology, optics, and other structural materials.

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Based on structures, carbon nanotubes are categorized into single-wall nanotubes, multi-wall nanotubes, and double-wall nanotubes. Based on applications, carbon nanotubes are segmented into electronics and semiconductors, chemicals and polymers, batteries and capacitors, medical applications, energy, composite, aerospace and defense, and others. Based on product type, carbon nanotubes are segmented into single-walled carbon nanotubes and multi-walled carbon nanotubes. Based on geography, the carbon nanotubes market could be segmented into North America, Europe, Asia-Pacific and Rest of the World.

North America and Asia-Pacific are the largest regional markets for carbon nanotubes. The carbon nanotubes market in North America was strongly affected by the economic crisis in 2008-09 and represents a moderate growth in future. Asia-Pacific represents the fastest growing regional market for carbon nanotubes. Growing industrialization in emerging countries like India and China is the primary factor responsible for the growth of the carbon nanotubes market in Asia-Pacific.

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High demand from current and emerging applications along with technology advancement acts as major drivers for the global nanotubes market. High prices and processing difficulties, environmental concerns and health risks, and purification required for carbon materials act as major challenges for the growth of the carbon nanotubes market. However, carbon nanotubes have large opportunity in emerging economics and in new applications with extensive research activities.

Some of the major players in this industry include Toray Industries, Southwest Nanotechnologies Inc., Unidym Inc., Thomas Showa Denko K.K, Swan & Co. Ltd., CNano Technology Limited, Bayer MaterialScience AG, Nanocyl S.A., Arkema and others.

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