Carbon Nanotubes Market Production Analysis by Size, Share & Demand
to 2033
The carbon nanotubes market share is projected to thrive at a CAGR of 9.6%
from 2023 to 2033. The carbon nanotubes industry size is anticipated to surpass
US$ 970.9 million in 2023 and is predicted to attain a valuation of US$ 2,428.1
million by 2033.
Carbon nanotubes possess exceptional qualities including remarkable strength,
electrical and thermal conductivity, as well as flexibility, making them highly
sought after across diverse sectors such as electronics, aviation, energy, and
healthcare. These unique attributes render them indispensable for various
applications within these industries. For instance, in electronics, they are
utilized for crafting high-performance transistors, conductive films, and flexible
displays, while in aerospace, they contribute to enhancing the strength and
reducing the weight of airplane components.
The burgeoning demand for carbon nanotubes is further fueled by ongoing
research and development efforts, with private equity firms, large corporations,
and venture capitalists investing significantly in this sector. This influx of
capital has provided companies with the resources necessary to ramp up
production, innovate product offerings, and explore new applications.
Collaborations between academia, research institutions, and businesses have
facilitated the exchange of knowledge, technology transfer, and the emergence
of groundbreaking solutions, thereby catalyzing the expansion of the market.
Such partnerships have played a pivotal role in driving advancements in carbon
nanotube technology and fostering its widespread adoption across various
industries.
Get an overview of market drivers and challenges affecting this
industry! https://www.futuremarketinsights.com/reports/sample/rep-gb-78
Key Takeaways from the Carbon Nanotubes Market

From 2018 to 2022, sales witnessed significant growth, registering a
CAGR of 6.3%.

The global market size stood at US$ 894.0 million in 2022.

Polymers captured nearly 59.1% share of the market in 2022.

North America held a dominant share, accounting for 27.9% share in
2022.

China secured an 8.1% global market share in 2022.
Recent Developments Observed by FMI:

In January 2023, nanotechnology researchers at The University of Texas
at Dallas developed distinctive carbon nanotube yarns that gather
mechanical motion energy effectively than current material-based energy
harvesters.

According to Cabot Corporation, a new ENERMAXTM 6 carbon
nanotube (CNT) series was developed in March 2021. The
ENERMAXTM 6 range of carbon nanotube products from the firm
represents the recent development in high-performance CNTs. Due to its
high aspect ratio; it has been shown to be the conductive multi-walled
CNT product in Cabot’s lineup.

In May 2021, Arevo created a patent-pending technical innovation that
enables the 3D printing of things reinforced with carbon nanotubes and
carbon fiber. As part of a Series, B fundraising round, the business
secured US$ 12.5 million to usher in the next phase of 3D printing and
revolutionize the way that manufactured goods are envisioned, created,
constructed, and maintained.
Key Players Profiled in the Global Market
1. Nanocyl S.A.
2. CNano Technology Ltd.
3. Showa Denko K.K.
4. Arkema S.A.
5. Bayer MaterialScience AG
6. Chasm Advanced Materials Inc.
7. Raymor Industries Inc.
8. Klean Industries Inc.
9. Toray Industries Inc.
10.Cheap Tubes
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