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Carbon Nanotubes Market Size

  • Report ID: GMI744
  • Published Date: Mar 2023
  • Report Format: PDF

Carbon Nanotubes Market Size

Carbon Nanotubes Market size valued at USD 800 million in 2022 and is poised to register over 19.5% CAGR from 2023 to 2032. Rising global energy demand will fuel overall business growth


The growing emphasis on renewable energy sources is projected to proliferate the carbon nanotube (CNT) adoption worldwide. The global energy has witnessed substantial growth, encouraging several economies to adopt cleaner and more sustainable energy alternatives. Hence, solutions, such as wind turbines have emerged vital for energy generation, further augmenting the demand for parts, including long wind turbine blades. These components are often integrated with CNTs as they help reduce mechanical stress, enhance strength, boost efficiency, and extend shelf life. The increasing government efforts for favoring wind energy projects for large-scale production of renewable energy will positively influence the carbon nanotubes industry outlook.


Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of carbon nanotubes crossed USD 800 million in 2022 and is expected to register 19.5% CAGR from 2023 to 2032.

The multi-wall nanotubes segment is anticipated to expand at over 19.8% growth rate up to 2032 driven by the incessant need for superior machinal properties.

Asia Pacific market is poised to surpass USD 2 billion by 2032 due to the growing electronics and construction sector.

LG Chem, TimesNano, Showa Denco, Cabot Corporation (SUSN), HXNANO, C-nano Technology, and Nanocyl Arkema are some of the key manufacturers of carbon nanotubes.

Carbon Nanotubes Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 535
  • Countries covered: 19
  • Pages: 353
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