Carbon Nanomaterials Market - Industry Overview and Key Factors

Transparency Market Research Report Added "Carbon Nanomaterials Market" to its database.

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Albany, NY -- (SBWire) -- 05/28/2015 --The carbon nanomaterials market can be categorized based on product types into – carbon nanotubes, carbon nanofibres, graphene, fullerenes, and POSS (polyhedral oligomeric silsesquioxane). The nanomaterials market has gained importance with technological development and their wide applicability. However, due to the Eurozone crisis, the carbon nanomaterials market experienced slow growth in the past year.

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Some of the major drivers for the carbon nanomaterials market are their wide application base and easy availability. Also, significant development in the field of science and technology facilitates the production of various nanomaterials. However, there exists a macroeconomic barrier in the form of environment regulations and lack of financial incentives to take up significant projects. Also, developing and underdeveloped countries lack the proper infrastructure, expertise, and R&D facilities to reap benefits out of the nanomaterials market. Critical niche - opportunities in areas like aerospace, energy etc. remain untapped which hold great prospects for the market for nanomaterials. Availability of natural resources coupled with technological growth also offers excellent openings for this market.

The market segmentation of nanomaterials based on their applications can be classified into
Aerospace & Aviation
Automotive
Energy & Electronics
Medical & Defense
Plastics & Environment
Sporting Goods
Telecommunications

The carbon nanomaterials market can be geographically segmented into - Europe, North America, Asia Pacific, and the rest of the world. Out of these, Asia's production capacity is twice than the estimated capacity of North America and Europe. In the Asia Pacific region, Japan is the leader for nanotubes with China and Korea following pace.

Some of the key players in this market are Ahlstrom, Dupont, Hollingsworth & Vose, and Kuraray among others. Some emerging companies involved in both production and application are Elmarco, and Finetex among others.

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