Report : Europe Multiwalled Carbon Nanotubes Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Electrically Conductive Polymers, Structural Composites, Concrete Additives, Batteries, Research and Development, and Others)

Batteries Segment to Dominate Europe Multiwalled Carbon Nanotubes Market during 2019–2028

 

According to a new market research study on “Europe Multiwalled Carbon Nanotubes Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Application,” is expected to reach US$ 3,068.63 million by 2028 from US$ 1,496.40 million in 2021. The market is estimated to grow at a CAGR of 10.8% from 2021 to 2028. Growing demand for lightweight vehicles is the major factor driving the growth of the Europe multiwalled carbon nanotubes market. However, health hazards of MWCNT may hinder the growth of Europe multiwalled carbon nanotubes market. The report provides trends prevailing in the Europe multiwalled carbon nanotubes market along with the drivers and restraints pertaining to the market growth.

 

The Europe multiwalled carbon nanotubes market is segmented into application and country. Based on application, the market is segmented into electrically conductive polymers, structural composites, concrete additives, batteries, research and development, and others. In 2020, the batteries segment held the largest share Europe multiwalled carbon nanotubes market. Similarly, based on country, the market is segmented into Germany, France, Italy, the U.K., Russia, and the rest of Europe. The rest of Europe contributed a substantial share in 2020. 

 

Arkema; Klean Industries Inc.; Kumho Petrochemical Co., Ltd.; LG Chem; Nanocyl SA; Ocsial; Ossila Ltd; SHOWA DENKO K.K.; and Tokyo Chemical Industry Co., Ltd. are among the leading companies in the Europe multiwalled carbon nanotubes market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

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