September 19, 2011 08:08 ET

Carbon Nanotube Market to Grow 56% Through 2014

ROCKVILLE, MD--(Marketwire - Sep 19, 2011) - has announced the addition of the new market intelligence report "Global Carbon Nanotube Market 2010-2014" to their collection of manufacturing market research. For more information, visit

This report reveals that the global carbon nanotube market is expected to grow at a CAGR of 56.5 percent over the period 2010-2014. The report, which covers the Asia Pacific region as well as the Americas and Europe, indicates that the market is being driven by the increased demand from the Aerospace and Defense industries.

According to an industry analyst, "Being one of the strongest known materials, carbon nanotubes improve the strength of many materials used in various applications including Aerospace. In the area of defense, carbon nanotube fibers are being used in the advancement of composite armor systems for vehicles and body armors. These applications in the Aerospace and Defense industry have had a positive impact on market growth."

The report also highlights that the high production cost could hinder the growth of this market. However, the emergence of several research initiatives in this field is expected to boost market growth. This market is also marked by a substantial decline in prices of these tubes. These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.

Global carbon nanotube market 2010-2014 is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market. Companies mentioned in this report include Bayer MaterialScience AG, Nanocyl, CNano, and Arkema.

Key questions answered in this report:

  • What will the market size be in 2014 and at what rate will it grow?
  • What key trends is this market subject to?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the opportunities and threats faced by each of these key vendors?
  • What are the strengths and weaknesses of each of these key vendors?

For more information, visit

About is the leading provider of global market intelligence products and services. With over 300,000 research reports from more than 700 top consulting and advisory firms, offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. For more information, call Veronica Franco at 240-747-3016 or visit

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