Nanotube
is a nanometer-scale tube like structure that is available in
different types such as carbon nanotubes, silicon nanotubes,
inorganic nanotubes, boron nitride nanotubes, membrane nanotubes and
DNA nanotubes. Nanotubes are sometimes also referred to as
buckytubes.
Nanotubes
may look like powder or black soot, but they are the rolled-up sheets
usually manufactured using graphene. Nanotubes generally form hollow
strands that are only one atom thick. Nanotubes were developed from
fullerene which is a structure that is similar to that of geodesic
domes. Nanotubes which are produced in the laboratories are generally
strong and exhibits electrical and thermal properties. Nanotubes can
be generally differentiated by the number concentric cylinders,
cylindrical length and cylindrical radius. Few nanotubes also exhibit
various properties such as chirality which is a general expression of
twisting longitudinally. Multiple nanotubes can also be assembled
into microscopic mechanical systems called as nanomachines.
Carbon
nanotubes are one of the widely used types of nanotubes. Nanotubes
find a wide range of applications in manufacturing solar cells,
actuators, paper batteries, acoustics environmental remediation and
in several medical devices. However, the usage of nanotubes is
largest in manufacturing several electrical devices such as circuits
and batteries.
Developing
technologies coupled with increasing demand for high end electrical
products is expected to boost the overall growth of electrical
industry. Thus, growing electrical industry is expected to augment
the overall demand of nanotubes market. Nanotubes are also used in
manufacturing a wide range of batteries such as paper batteries,
solar cells and hydrogen storage among others. The growing
applications of nanotubes in the medical devices are also expected to
drive the overall growth of the market. Nanotubes are also used in
the textile industries especially in fiber spinning to improve the
mechanical as well as physical properties of the textile material.
Nanotubes
are similar to that of direct dyes. Thus, the increasing applications
of nanotubes in various industries are expected to escalate the
overall growth of the market. High prices, environmental concerns
coupled with several health risks are expected to hamper the growth
of this market.
North
America is the largest manufacturer of nanotubes market. The presence
of large number of nanotubes manufacturing companies with several
patented technologies is expected to further boost the growth of
innovative technologies in the region in coming future. Asia Pacific
is expected to be the major producer of the nanotubes market. China
is the leading producer of the nanotubes in the region. Asia pacific
represents the fastest growing regional market for nanotubes. Europe
is expected to grow rapidly as a consumer, as well as a manufacturer
of nanotubes.
Arkema
S.A. (France), Showa Denko K.K. (Japan), Nanocyl S.A. (Belgium),
Hyperion Catalysis International Inc. (U.S.) and CNano Technology
Ltd. (U.S.) are some of the key participants of the global nanotubes
market. The companies in the market are majorly focused towards
developing proprietary technologies that are advanced as well as
innovative in nature in order to achieve competitive advantage in the
market. Companies also strive towards developing their production
technologies such that they can successfully achieve economies of
scale and hence, capture a larger market share in the market.
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