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Carbon Nanotubes Market Trends

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

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Carbon Nanotubes Market Trends

The production of superior quality and high purity CNT is an expensive process and thus hampers the overall business performance. To that end, manufacturers rely on advanced technologies for the production and application of nanoparticles, subsequently adding to the product costs. Furthermore, large-scale CNT production increases the risk of chronic illnesses among workers owing to prolonged exposure to nanoparticles, thus representing a major challenge for manufacturers to support an amplified production output.

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.