Carbon Nanotubes Market
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Report Description<br />
Globally, North America and Europe are the biggest markets for the companies operating<br />
in nanotechnology. Together, they account for almost 70% of market share. Though the<br />
market for North America is seeing a declining phase after the recent economic<br />
downturn, it is expected to bounce back with potential investment in various business<br />
sectors. With a market share of 25%, APAC is third biggest and fastest growing regional<br />
market for carbon nanotubes primarily due to the inflow of FDI in energy and healthcare<br />
sectors as well as the growing demand for specialised materials. Growing industrialisation<br />
in China and India are the other major driving factors for carbon nanotubes.<br />
Electronics and transportation are the key market segments which will see a massive<br />
investment in the APAC region. China, being the global leader in electronics market, will<br />
witness a massive investment in carbon nanotubes in the future. India, on the other<br />
hand,is the market hub for automation industries. It contributes almost 22% of India’s<br />
manufacturing sector. With 100% FDI inflow in the automation sector in India, the market<br />
seems promising for enterprises operating their business in carbon nanotubes. China’s<br />
electronics industry has witnessed a massive double digit growth since 2001. Though<br />
Chinese nanotube markets pace has been reduced by the 21stcentury economic<br />
downturn, it soon regained its growth momentum by 2009. With carbon nanotubes, it is<br />
expected that China will soon repeat its double digit growth in the next few years.<br />
Besides the transportation and electronics segments, APAC is set to witness a CAGR<br />
growth of 49.2% (2014-2018) in the field of nanotechnology for energy sectors.
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