Global Carbon Nanomaterials Market is Projected to Reach $5.7 billion by 2030, Owing to Exceptional Properties and Versatile Applications Across wide Range of Industries

By -

Industry Experts, Inc., has released its latest report on Carbon Nanomaterials. According this new report, the global market for carbon nanomaterials is estimated to reach US$2.2 billion in 2024 and is expected to grow at a robust CAGR of 17.2% between 2024 and 2030, hitting approximately US$5.7 billion by 2030.

Carbon nanomaterials represent a highly versatile and rapidly evolving class of materials, composed of carbon atoms organized into nanoscale structures. Thanks to their exceptional physical, chemical, and electrical properties, these materials are integral to a wide range of cutting-edge technologies. The carbon nanomaterials family includes carbon nanotubes (CNTs), graphene, fullerenes (such as C60), carbon foams, carbon quantum dots (CQDs), carbon nanofibers, and nanodiamonds, each offering distinct characteristics based on their atomic arrangements and dimensionality.

Energy sector (mainly including energy storage batteries, supercapacitors, solar cells etc.) is the largest end-use application for Carbon Nanomaterials globally estimated at US$662 million in 2024 and further anticipated to progress at the fastest CAGR of 23.9% over 2024-2030. Driving factors for these materials usage in the Energy sector include substantial increase in the usage of carbon nanotubes and graphene as conductive additives in cathodes and anodes of energy storage batteries such as li-ion.

The market for Carbon Nanomaterials analyzed in this report on a global basis covering all major regions including North America (The United States and Canada), Europe (France, Germany, Italy, Spain, The United Kingdom and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Taiwan and Rest of Asia-Pacific) and Rest of World (Brazil, Russia, Türkiye and Other Rest of World).

The study analyzes the global Carbon Nanomaterials market with respect to Material Type – Carbon Foams, Carbon Nanotubes (CNTs), Carbon-based Quantum Dots, Fullerenes and Graphene;; and End-use Application – Aerospace & Defense, Sports & Leisure, Energy, Automotive & Transportation, Construction/Infrastructure, Electrical & Electronics, Medical & Healthcare and Other Applications.

About Industry Experts, Inc

Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

Comments

Post a Comment

Popular posts from this blog

Demand for Europium to Reach US$373.3 million by 2030 Fostered by Phosphors and Consumer Electronic Applications

By -
Image
Industry Experts, Inc., has released its latest report on Europium Market , which projects the demand for the same to reach US$373.3 million by 2030 from an estimated US$267.1 million in 2024 at a CAGR of 5.7% between the two years. The demand for Europium in the global market is primarily being driven by a number of factors that include increasing demand of phosphors in various applications for making high-quality displays that offer higher cooling, energy efficiency and brightness in products, such as OLEDs & LCDs, which are used in televisions, smart phones, wearables  and other electrical & electronic equipment. Technological advancements have enhanced the methods of extracting, purifying and separating europium from other ores, thereby positively impacting its availability to manufacturers. Heavy investments in R&D for improving performance and overcoming supply challenges of this metal have determined the global market in yielding innovative solutio...
Read more

Oil & Gas Fuels Demand for Duplex Stainless Steel and Global Market to Reach $6 billion by 2030

By -
Image
Industry Experts, Inc., has released its latest report, on Duplex Stainless Steel market, which projects the demand for the same to reach US$6 billion by 2030 from an estimated US$4.4 billion in 2024 at a CAGR of 5.4% between the two years. Some of the factors instrumental in driving demand for Duplex Stainless Steel include its widespread use in the oil & gas industry in the form of pipes & tubes. Comprising an almost equal proportion of austenitic and ferritic steels makes this variety of stainless steel very strong and highly resistant to corrosion, owing to which its application across various important end-use sectors has been growing rapidly.  The construction & infrastructure industry is another major consumer of Duplex Stainless Steels, as they are ideal for making bridges and other infrastructure projects. Apart from this, the chemical processing industry, subject to extreme operating environments, also makes extensive use of Duplex Stainless Ste...
Read more

Copper Demand to Reach US$368.8 B by 2030 Propelled by the Wide Range of Applications of the Metal Across Sectors

By -
Image
Industry Experts, Inc., has released its latest report, on Copper , which projects the demand for Copper to reach US$368.8 billion by 2030 from an estimated US$269 billion in 2024 at a CAGR of 5.4% between the two years. The use of copper and its alloys is quite extensive, contributing significantly to economic development. Major end-user sectors of this vital element include transportation, construction, consumer products, electrical & electronics and industrial machinery. The global demand for copper has been maintaining a steady growth, as statistics reveal a 300% growth in the use of refined copper over the last five decades across the industries mentioned above, reaching about 26.5 million tons in 2023. Other than being used in its primary form, copper is also among the most recycled materials, owing to which the market for secondary copper has been posting considerable growth. With an estimated share of about 41% in 2024, Asia-Pacific is the largest global marke...
Read more