North America Multiwalled Carbon Nanotubes Market Size, Share, Comprehensive Analysis, Opportunity Assessment by 2028

 According to a new market research study on “North America Multiwalled Carbon Nanotubes Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Application,” is expected to reach US$ 3,484.59 million by 2028 from US$ 1,591.46 million in 2021. The market is estimated to grow at a CAGR of 11.8% from 2021 to 2028. Expanding applications of MWCNT is the major factor driving the growth of the North America multiwalled carbon nanotubes market. However, health hazards of MWCNT may hinder the growth of North America multiwalled carbon nanotubes market. The report provides trends prevailing in the North America multiwalled carbon nanotubes market along with the drivers and restraints pertaining to the market growth.

Download Sample PDF Copy: https://www.businessmarketinsights.com/sample/BMIRE00025103

The List of Companies - North America Multiwalled Carbon Nanotubes Market

  1. Arkema
  2. Beyond Pacific Holdings, LLC
  3. Eden Innovations Ltd.
  4. Hyperion Catalysis International Inc.
  5. Klean Industries Inc.
  6. Kumho Petrochemical Co., Ltd.
  7. LG Chem
  8. Nanocyl SA
  9. Ocsial
  10. Ossila Ltd
  11. Raymor Industries Inc.
  12. SHOWA DENKO K.K.
  13. Tokyo Chemical Industry Co., Ltd.

Multiwalled Carbon Nanotubes (MWCNTs): Versatile Materials Driving Market Growth

Multiwalled carbon nanotubes (MWCNTs) are gaining prominence due to their exceptional properties, including high electrical and thermal conductivity, and remarkable mechanical strength. These attributes make them highly valuable in a wide range of applications.

Key Applications and Benefits:

  • Enhanced Conductivity:
    • MWCNTs are utilized in conductive nano inks, battery cathodes, conductive heating films, transparent electrodes, and various nanodevices and sensors.
    • Their ability to impart conductivity to polymers with lower loadings compared to traditional materials like carbon black or metal particles minimizes deterioration of the polymer's inherent properties.
  • Improved Mechanical Properties:
    • MWCNTs enhance the mechanical qualities of polymeric materials, increasing strength and reducing weight without compromising performance.
    • Their use in automotive and aerospace applications contributes to fuel savings and reduced CO2 emissions.
  • Enhanced Thermal Conductivity:
    • MWCNTs boost the heat transfer capabilities of insulating materials, crucial for applications requiring heat dissipation, such as electronics.
    • They offer an alternative to metals in situations where undesirable strains or chemical instability are concerns.
  • Superior Strength:
    • MWCNTs possess tensile strengths significantly higher than steel, making them ideal for reinforcing materials.
    • Even small additions of MWCNTs can significantly improve material properties.
  • Aerospace Applications:
    • MWCNTs are used in aerospace components, including equipment enclosures, aircraft interiors, coatings, cockpit components, resilient space mirrors, nozzles, and solar array substrates, where high performance and lightweight construction are essential.

Market Growth Driver:

  • Expanding Applications: The increasing adoption of MWCNTs across diverse industries due to their versatile properties is the primary driver of market growth.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

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