According to a new market report published by Lucintel, the future of CNT in the global lithium-ion battery market looks promising with opportunities in the transportation, consumer electronics, industrial, and other markets. CNT in the global lithium-ion battery market is expected to grow with a CAGR of 9% to 11% from 2023 to 2028. The major growth drivers for this market are increasing demand for lithium ion batteries along with rising demand for materials that delivers superior chemical as well as mechanical properties.
In this market, single walled carbon nanotubes and multi walled carbon nanotubes are used for CNT in the global lithium-ion battery in consumer electronics, transportation, industrial, and other industries. Lucintel forecasts that multi walled carbon nanotubes will remain the largest segment and witness highest growth due to rising penetration of high thermal and electrical conductivity agents in lithium ion batteries.
Asia Pacific will remain the largest region and witness the highest growth over the forecast period due to growing transportation and electronic industry and large scale production of lithium ion batteries in this region.
Nanocyl, Nano-C, Cnano Technology, Showa Denko, Cabot Corporation, Arkema, Toray International, LG Chem, and OCSiAl are among the major suppliers of CNT in lithium-ion battery.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the CNT in the global lithium-ion battery market by structure type, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the CNT in the Global Lithium-ion Battery Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the CNT in the global lithium-ion battery market by structure type, end use industry, and region as follows:
CNT in the Global Lithium-ion Battery Market by Structure Type [Value ($M) Shipment Analysis from 2017 to 2028]:
· Single Walled Carbon Nanotubes
· Multi Walled Carbon Nanotubes
CNT in the Global Lithium-ion Battery Market by End Use Industry [Value ($M) Shipment Analysis from 2017 to 2028]:
· Transportation
· Consumer Electronics
· Industrial
· Others
CNT in the Global Lithium-ion Battery Market by Region [Value ($M) Shipment Analysis from 2017 to 2028]:
· North America
· Europe
· Asia Pacific
· The Rest of the World
A more than 150 pages and in-depth TOC on “Global Lithium-ion Battery Market". To download report brochure, please go to
https://www.lucintel.com and click "report brochure" tab from the menu.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the CNT in the global lithium-ion battery market by structure type (single walled carbon nanotubes and multi walled carbon nanotubes), end use industry (transportation, consumer electronics, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?