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)
The multiwalled carbon nanotubes market in Europe is expected to grow from US$ 1,496.40 million in 2021 to US$ 3,068.63 million by 2028; it is estimated to grow at a CAGR of 10.8% from 2021 to 2028.
An average vehicle has approximately 55 pounds of copper, and an electric vehicle has nearly three times the copper, most of which is in the form of electrical wires. Reducing the quantity of copper used in automobiles can help reduce the vehicle's total weight, fuel consumption, and emissions, due to which lightweight materials have become an effective strategy in the automobile industry. Lightweight material substitution is recommended for increasing fuel efficiency without drastically altering the vehicle's size or components. Furthermore, lightweight materials can improve acceleration, ride, and handling while lowering noise. Multiwalled carbon nanotubes (MWCNTs) are gaining popularity as a lighter alternative to copper. As demand for lightweight automobiles with solid fuel efficiency and minimal carbon emissions grows, manufacturers increasingly use carbon nanotubes as a lightweight alternative to copper. Nanotubes are utilized in automobiles for conductive shielding and for replacing copper wires. The use of MWCNT in the automotive industry is growing because of its better mechanical qualities and lightweight feature. These features spurred the automobile industry to incorporate MWCNTs in the design and manufacturing of car interiors and exteriors. Nanomaterials are commonly utilized in automobiles to reduce aluminum engine weight, improve grip, minimize rolling resistance, and li-ion batteries help reduce recharging time, boost tensile strength, and reduce vehicle weight. These benefits increase the applications of MWCNTs in the automobile industry, thereby driving the market.
Europe Multiwalled Carbon Nanotubes Market Revenue and Forecast to 2028 (US$ Million)
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Europe Multiwalled Carbon Nanotubes Market Segmentation
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 of the Europe multiwalled carbon nanotubes market. Based on country, the market is segmented into Germany, France, Italy, the UK, 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.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Europe Multiwalled Carbon Nanotubes Market Landscape
4.1 Market Overview
4.2 Porter’s Five Force Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Multiwalled Carbon Nanotubes Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Expanding Applications of MWCNT
5.1.2 Growing Demand for Lightweight Vehicles
5.2 Market Restraints
5.2.1 Health Hazards of MWCNT
5.3 Market Opportunities
5.3.1 Increasing Demand for MWCNT across Healthcare & Electronics Sector
5.4 Future Trends
5.4.1 Emerging Use of MWCNT in 3D-Printing
5.5 Impact Analysis of Drivers and Restraint
6. Multiwalled Carbon Nanotubes Market – Europe Analysis
6.1 Europe Market Overview
6.2 Europe Multiwalled Carbon Nanotubes Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Europe Multiwalled Carbon Nanotubes Market –Volume and Forecast to 2028 (Tons)
7. Europe Multi-walled Carbon Nanotubes Market Analysis – By Application
7.1 Overview
7.2 Europe Multi-walled Carbon Nanotubes Market Breakdown, by Application, (2020 & 2028)
7.3 Electrically Conductive Polymers
7.3.1 Overview
7.3.2 Electrically Conductive Polymers: Europe Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Structural Composites
7.4.1 Overview
7.4.2 Structural Composites: Europe Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Concrete Additives
7.5.1 Overview
7.5.2 Concrete Additives: Europe Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Batteries
7.6.1 Overview
7.6.2 Batteries: Europe Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Research and Development
7.7.1 Overview
7.7.2 Research and Development: Europe Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Europe Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Multi-walled Carbon Nanotubes Market – Country Analysis
8.1 Overview
8.1.1 Europe: Multi-walled Carbon Nanotubes Market, by Key Country
8.1.1.1 Germany: Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.1.1 Germany: Multi-walled Carbon Nanotubes Market, by Application
8.1.1.2 France: Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.2.1 France: Multi-walled Carbon Nanotubes Market, by Application
8.1.1.3 Italy: Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.3.1 Italy: Multi-walled Carbon Nanotubes Market, by Application
8.1.1.4 UK: Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.4.1 UK: Multi-walled Carbon Nanotubes Market, by Application
8.1.1.5 Russia: Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.5.1 Russia: Multi-walled Carbon Nanotubes Market, by Application
8.1.1.6 Rest of Europe: Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
8.1.1.6.1 Rest of Europe: Multi-walled Carbon Nanotubes Market, by Application
9. Company Profile
9.1 Arkema
9.1.1 Key Facts
9.1.2 Business Description
9.1.3 Products and Services
9.1.4 Financial Overview
9.1.5 SWOT Analysis
9.1.6 Key Developments
9.2 SHOWA DENKO K.K.
9.2.1 Key Facts
9.2.2 Business Description
9.2.3 Products and Services
9.2.4 Financial Overview
9.2.5 SWOT Analysis
9.2.6 Key Developments
9.3 Klean Industries Inc.
9.3.1 Key Facts
9.3.2 Business Description
9.3.3 Products and Services
9.3.4 Financial Overview
9.3.5 SWOT Analysis
9.3.6 Key Developments
9.4 Kumho Petrochemical Co., Ltd.
9.4.1 Key Facts
9.4.2 Business Description
9.4.3 Products and Services
9.4.4 Financial Overview
9.4.5 SWOT Analysis
9.4.6 Key Developments
9.5 LG Chem
9.5.1 Key Facts
9.5.2 Business Description
9.5.3 Products and Services
9.5.4 Financial Overview
9.5.5 SWOT Analysis
9.5.6 Key Developments
9.6 Nanocyl SA
9.6.1 Key Facts
9.6.2 Business Description
9.6.3 Products and Services
9.6.4 Financial Overview
9.6.5 SWOT Analysis
9.6.6 Key Developments
9.7 Ossila Ltd.
9.7.1 Key Facts
9.7.2 Business Description
9.7.3 Products and Services
9.7.4 Financial Overview
9.7.5 SWOT Analysis
9.7.6 Key Developments
9.8 Ocsial
9.8.1 Key Facts
9.8.2 Business Description
9.8.3 Products and Services
9.8.4 Financial Overview
9.8.5 SWOT Analysis
9.8.6 Key Developments
9.9 Tokyo Chemical Industry Co., Ltd.
9.9.1 Key Facts
9.9.2 Business Description
9.9.3 Products and Services
9.9.4 Financial Overview
9.9.5 SWOT Analysis
9.9.6 Key Developments
10. Appendix
10.1 About The Insight Partners
10.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Multiwalled Carbon Nanotubes Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Multiwalled Carbon Nanotubes Market–Volume and Forecast to 2028 (Tons)
Table 3. Germany Multi-walled Carbon Nanotubes Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 4. Germany Multi-walled Carbon Nanotubes Market, by Application – Volume and Forecast to 2028 (Tons)
Table 5. France Multi-walled Carbon Nanotubes Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 6. France Multi-walled Carbon Nanotubes Market, by Application – Volume and Forecast to 2028 (Tons)
Table 7. Italy Multi-walled Carbon Nanotubes Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 8. Italy Multi-walled Carbon Nanotubes Market, by Application – Volume and Forecast to 2028 (Tons)
Table 9. UK Multi-walled Carbon Nanotubes Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 10. UK Multi-walled Carbon Nanotubes Market, by Application – Volume and Forecast to 2028 (Tons)
Table 11. Russia Multi-walled Carbon Nanotubes Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 12. Russia Multi-walled Carbon Nanotubes Market, by Application – Volume and Forecast to 2028 (Tons)
Table 13. Rest of Europe Multi-walled Carbon Nanotubes Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 14. Rest of Europe Multi-walled Carbon Nanotubes Market, by Application – Volume and Forecast to 2028 (Tons)
Table 15. Glossary of Terms, Europe MWCNTs Market
LIST OF FIGURES
Figure 1. Europe Multiwalled Carbon Nanotubes Market Segmentation
Figure 2. Europe Multiwalled Carbon Nanotubes Market Segmentation – By Country
Figure 3. Europe Multiwalled Carbon Nanotubes Market Overview
Figure 4. Europe Multiwalled Carbon Nanotubes Market, By Application
Figure 5. Europe Multiwalled Carbon Nanotubes Market, By Country
Figure 6. Porter’s Five Forces Analysis
Figure 7. Ecosystem: Europe Multi Walled Carbon Nanotubes Market
Figure 8. Expert Opinion
Figure 9. Europe Multiwalled Carbon Nanotubes Market Impact Analysis of Drivers and Restraints
Figure 10. Europe Multiwalled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Multiwalled Carbon Nanotubes Market – Volume and Forecast to 2028 (Tons)
Figure 12. Europe Multi-walled Carbon Nanotubes Market Breakdown, by Application, (2020 & 2028)
Figure 13. Electrically Conductive Polymers: Europe Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Structural Composites: Europe Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Concrete Additives: Europe Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Batteries: Europe Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Research and Development: Europe Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Others: Europe Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe: Multi-walled Carbon Nanotubes Market, by key Country – Revenue (2020) (US$ Million)
Figure 20. Europe: Multi-walled Carbon Nanotubes Market Revenue Share, by Key Country (2020 and 2028)
Figure 21. Germany: Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. France: Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Italy: Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. UK: Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Russia: Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Europe: Multi-walled Carbon Nanotubes Market – Revenue and Forecast to 2028 (US$ Million)
- Arkema
- Klean Industries Inc.
- Kumho Petrochemical Co., Ltd.
- LG Chem
- Nanocyl SA
- Ocsial
- Ossila Ltd
- SHOWA DENKO K.K.
- Tokyo Chemical Industry Co., Ltd.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Multiwalled Carbon Nanotubes Market.
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