Carbon Nanotubes Market Set to Achieve USD 3.05 billion in 2023, Growing at a Robust 17.4% CAGR: MarkNtel Advisors

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Carbon Nanotubes Market, The Global Carbon Nanotubes Market size was valued at USD 3.05 billion in 2023 and is estimated to grow at a CAGR of around 17.4% during the forecast period, i.e., 2024-30. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Carbon Nanotubes Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

Forecast Period: 2024-2030
Market Size in 2023: USD 3.05 billion
CAGR (2024-2030): 17.4%

Key Perks: “In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for the years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”

Request for a Free PDF Sample of the Report – https://www.marknteladvisors.com/query/request-sample/global-carbon-nanotubes-market.html

Global Carbon Nanotubes Market Segmentation Breakdown:

The Carbon Nanotubes Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

By Type
- Single-walled Carbon Nanotubes- Market Size & Forecast 2019-2030, (Thousand Tons)
- Multi-walled Carbon Nanotubes- Market Size & Forecast 2019-2030, (Thousand Tons)

MWCNT is anticipated to maintain its dominance with a substantial market share in the Global Carbon Nanotubes Market.

By Method
- Chemical Vapor Deposition- Market Size & Forecast 2019-2030, (Thousand Tons)
- Catalytic Chemical Vapor Deposition- Market Size & Forecast 2019-2030, (Thousand Tons)
- High-pressure Carbon Monoxide Reaction- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others (Arc Discharge & Laser Ablation, Flame Synthesis, Electrolysis, Comocat)- Market Size & Forecast 2019-2030, (Thousand Tons)
By End Use Industry
- Electronics & Semiconductors- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Integrated Circuits- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Flexible Display- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Superconductors- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Transistors- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Industrial Sensors- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Others- Market Size & Forecast 2019-2030, (Thousand Tons)
- Energy & Storage- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Lithium-Ion Batteries- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Fuel Cells- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Solar PV Cells- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Hydrogen Storage- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Electrochemical Supercapacitors- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Propellants- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Others- Market Size & Forecast 2019-2030, (Thousand Tons)
- Structural Composites- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Defense- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Sporting Goods- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Wind Turbine Blades- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Light Vehicles/Automotive- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Construction & Infrastructure- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Aerospace & Others- Market Size & Forecast 2019-2030, (Thousand Tons)
- Chemical Materials & Polymers- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Coatings, Adhesive, & Sealants- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Water Filtration- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Catalysts- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Others- Market Size & Forecast 2019-2030, (Thousand Tons)
- Medical- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Transdermal Drug Delivery- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Cancer Treatment- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Proteomics- Market Size & Forecast 2019-2030, (Thousand Tons)
  - Others- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others- Market Size & Forecast 2019-2030, (Thousand Tons)

During the projected period, Chemical Materials & Polymers are expected to maintain their highest market share due to a surge in the usage of engineered polymers within the automotive and construction sectors.

Geographical Growth Insights:

By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific

During the projected period, the Asia-Pacific Carbon Nanotubes Market is anticipated to hold a significant proportion of the overall market size.

MarkNtel Advisors Highlights Key Market Drivers for Carbon Nanotubes Market:

Increasing Electronics & Semi-conductors Demand to Fuel the Market Growth – The electronics industry is thriving in China, South Korea, Japan, and Singapore, which has catalyzed the Carbon Nanotubes Market expansion. With fast-paced technological advancements and fresh innovations driving the demand for electronics as well as semiconductor production industries to new heights, thus driving the market growth of CNTs. As this demand grows stronger, manufacturing industries seek to acquire carbon nanotubes that have become crucial components of electronics production.

Also, the surge of manufacturers focused on producing printed circuit boards and semiconductors has garnered higher CNT product utilization worldwide. Moreover, advancements in technology and rapid development in the gaming industry are likely to drive the consumer electronics demand, which, in turn, propels the market demand for the manufacturing of consumer electronics goods with carbon nanotubes effectively.

A Comprehensive Analysis of Leading Companies in Global Carbon Nanotubes Market

LG Chem
Cabot Corporation
Resonac Holdings Corporation (Showa Denko K.K.)
Jiangsu Cnano Technology Co., Ltd.
Timesnano (Chengdu Organic Chemicals Co. Ltd.)
Cheap Tubes, Inc.
Carbon Solutions, Inc.
OCSIAL
Nanocyl Sa
Arkema Sa
Sumitomo Corporation
Cnano Technology Ltd.
Nanoshel LLC
Toray International Group Limited
Others

Explore More About This Research Report @ https://www.marknteladvisors.com/research-library/global-carbon-nanotubes-market.html

Carbon Nanotubes Market Recent Development:

2022: LG Chem constructed its 4^thcarbon nanotube plant, featuring the world's largest single-line production of CNT. The new facility is expected to increase this type of capacity by 20% per capita.

What are the growth Challenge driving the Global Carbon Nanotubes Market?

MIT Engineers Built Modern Microprocessors Out of Carbon Nanotubes – In recent years, an innovative microprocessor has been constructed by MIT scientists utilizing transistors, which serve as an eco-friendly and swifter replacement for conventional silicon equivalents. Production of Carbon Nanotube Field-Effect Transistors (CNFET) caters to the building of next-generation computers across the globe. This would offer lucrative opportunities to the Carbon Nanotubes Market.

Additionally, according to recent research, CNFET is predicted to be 10 times more energy efficient and faster than silicone. MIT researchers have developed a new technique that uses traditional methods of fabricating silicon chips while minimizing defects and achieving complete operational control in the production of CNFETs. Moreover, increasing engineers' and manufacturers' expenses in R&D to develop advanced Carbon Nanotube Field-Effect Transistors, is anticipated to fuel the market's expansion in the forecast years.

“Report Delivery Format: Market research reports from MarkNtel Advisors are available in PDF, Excel, and PowerPoint formats. Once payment is successfully processed, the report will be delivered to your email address within 24 hours”

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

Contact Our Analysts for Brochure Requests, Customization, or Any Pre-Purchase Inquiries: https://www.marknteladvisors.com/query/request-customization/global-carbon-nanotubes-market.html

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

More Research Studies:

Graphite Market size is valued at USD 17.18 billion in 2024and is projected to reach USD 23 billion by 2030, with a CAGR of around 5%. Explore more!
The Europe Agrivoltaic Market size valued at USD 278.29 million in 2024, is set to reach USD 2,493 million by 2030, growing at a CAGR of 45%.
Explore the UAE HR Outsourcing Services Market, valued at USD 500 million in 2024, with a CAGR of 6.2% during 2025-30. Discover trends, drivers, challenges, and key players shaping the future of HR outsourcing in the UAE.