Edit Content
Bizwit-Logo-Final

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Carbon Nano Materials Market to reach USD 20.51 billion by the end of 2029.

Global Carbon Nano Materials Market Size study & Forecast, by Product Type (Graphene, Carbon Nanofibers, Fullerenes, Others) and Regional Analysis, 2022-2029

Product Code: CMAM-65951966
Publish Date: 2-05-2023
Page: 200

Global Carbon Nano Materials Market is valued approximately USD 2.9 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 27.7% over the forecast period 2022-2029. Carbon Nano Materials carry excellent electrical, chemical, thermal, and mechanical characteristics. Carbon nanomaterials are used in medicine delivery, composite materials, energy storage and conversion, sensors, field emission devices, and nanoscale electronic components. Carbon nanomaterials include fullerenes, carbon nanotubes (CNTs), graphene and its derivatives, graphene oxide, nanodiamonds, and quantum dots made of carbon (CQDs). Due to their distinct structural characteristics and enhanced mechanical, electrical, thermal, optical, and chemical properties, carbon nanomaterials have caught the attention of a wide range of industrial applications. The increasing expansion of automotive interior industry and growing demand for Lithium-ion batteries are key factors driving the market growth.

The increasing expansion automotive interior industry is contributing towards the growth of the Global Carbon Nano Materials market as nanomaterials such as aluminium carbon nanotube composites, carbon nanotubes, aluminium silicon carbide composites, and graphene are commonly used in automotive sector. For instance – as per Statista – the global automotive interior market is estimated to gain significant growth between 2019 and 2030., as in 2019 the market was estimated at USD 215 billion, and is expected to reach the size of around USD 385 billion in 2030. Additionally, the increasing demand for Li-ion batteries is likely to influence the market growth over the forecast period. For instance – according to Statista – in 2020, global lithium-ion battery market was estimated at USD 40.5 billion, and it is projected to grow at a GACR of 14.6 percent, to reach USD 92 billion by 2026. Also, growing expansion of electrical and electronics industry and increasing demand for Carbon Nanomaterials in the medical and healthcare industry would create lucrative growth prospectus for the market over the forecast period. However, concern over environmental impact of carbon nanoparticles stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Carbon Nano Materials Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the presence of well-established automotive manufacturing industry and presence of leading market players in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising expansion of EV industry and increasing demand for Carbon Nano materials from electronics industry in the region.

Major market player included in this report are:
Arkema Group
Bayer AG
DuPont
G6 Materials Corp
Graphenea
hollingsworth & vose
Hydale Graphene Industries Plc
Hyperion Catalysis International, Inc.
Jiangsu Cnano Technology Co., Ltd
LG Chem Ltd

Recent Developments in the Market:
Ø In December 2019, Edmonton-based Capital Power announced commencement of world’s first commercial-scale carbon nanotube production facility at its Genesee power station. Moreover, the company is an investor in Calgary-based C2CNT, which has developed a technology that captures and transforms carbon dioxide into carbon nanotubes, for application in production of such as concrete, steel and aluminium.

Ø In August 2022, Seoul, South Korea based LG Chem announced investment in carbon nanotubes (CNTs) with the construction of the world’s largest single-line CNT manufacturing plant. The new plant from LG Chem’s is part of the Group’s initiative to access competitive advantage in rising CNT demand from electric vehicle (EV) battery materials.

Global Carbon Nano Materials Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type
Graphene
Carbon Nanofibers
Fullerenes
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Carbon Nano Materials Market, by Region, 2019-2029 (USD Billion)
1.2.2. Carbon Nano Materials Market, by Product Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Carbon Nano Materials Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Carbon Nano Materials Market Dynamics
3.1. Carbon Nano Materials Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing expansion of automotive interior industry
3.1.1.2. Growing demand for Lithium-ion batteries
3.1.2. Market Challenges
3.1.2.1. Concern over environmental impact of carbon nanoparticles
3.1.3. Market Opportunities
3.1.3.1. Growing expansion of electrical and electronics industry
3.1.3.2. Increasing demand for Carbon Nanomaterials in the medical and healthcare industry
Chapter 4. Global Carbon Nano Materials Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Carbon Nano Materials Market, by Product Type
6.1. Market Snapshot
6.2. Global Carbon Nano Materials Market by Product Type, Performance – Potential Analysis
6.3. Global Carbon Nano Materials Market Estimates & Forecasts by Product Type 2019-2029 (USD Billion)
6.4. Carbon Nano Materials Market, Sub Segment Analysis
6.4.1. Graphene
6.4.2. Carbon Nanofibers
6.4.3. Fullerenes
6.4.4. Others
Chapter 7. Global Carbon Nano Materials Market, Regional Analysis
7.1. Carbon Nano Materials Market, Regional Market Snapshot
7.2. North America Carbon Nano Materials Market
7.2.1. U.S. Carbon Nano Materials Market
7.2.1.1. Product Type breakdown estimates & forecasts, 2019-2029
7.2.2. Canada Carbon Nano Materials Market
7.3. Europe Carbon Nano Materials Market Snapshot
7.3.1. U.K. Carbon Nano Materials Market
7.3.2. Germany Carbon Nano Materials Market
7.3.3. France Carbon Nano Materials Market
7.3.4. Spain Carbon Nano Materials Market
7.3.5. Italy Carbon Nano Materials Market
7.3.6. Rest of Europe Carbon Nano Materials Market
7.4. Asia-Pacific Carbon Nano Materials Market Snapshot
7.4.1. China Carbon Nano Materials Market
7.4.2. India Carbon Nano Materials Market
7.4.3. Japan Carbon Nano Materials Market
7.4.4. Australia Carbon Nano Materials Market
7.4.5. South Korea Carbon Nano Materials Market
7.4.6. Rest of Asia Pacific Carbon Nano Materials Market
7.5. Latin America Carbon Nano Materials Market Snapshot
7.5.1. Brazil Carbon Nano Materials Market
7.5.2. Mexico Carbon Nano Materials Market
7.5.3. Rest of Latin America Carbon Nano Materials Market
7.6. Rest of The World Carbon Nano Materials Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Arkema Group
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Bayer AG
8.2.3. DuPont
8.2.4. G6 Materials Corp
8.2.5. Graphenea
8.2.6. hollingsworth & vose
8.2.7. Hydale Graphene Industries Plc
8.2.8. Hyperion Catalysis International, Inc.
8.2.9. Jiangsu Cnano Technology Co., Ltd
8.2.10. LG Chem Ltd
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com

Checkout

Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now