PUBLISHER: BCC Research | PRODUCT CODE: 1545638
PUBLISHER: BCC Research | PRODUCT CODE: 1545638
The global market for carbon nanotubes was valued at $2.0 billion in 2023. The market is projected to grow from $2.3 billion in 2024 to $5.9 billion by 2029, at a compound annual growth rate (CAGR) of 20.6% from 2024 through 2029.
The Asia-Pacific market for carbon nanotubes is projected to grow from $991.8 million in 2024 to $2.8 billion by 2029, at a CAGR of 22.8% from 2024 through 2029.
The North American market for carbon nanotubes is projected to grow from $608.9 million in 2024 to $1.5 billion by 2029, at a CAGR of 20.4% from 2024 through 2029.
This report examines the global markets and technologies for carbon nanotubes (CNTs). In this report, the global carbon nanotubes market is analyzed by type (single-walled carbon nanotubes (SWCNT) and multi-walled carbon nanotubes [MWCNT]), technology (chemical vapor deposition (CVD), arc discharge, high-pressure carbon monoxide, laser ablation, and others [electrolysis, ball milling, diffusion flame synthesis, etc.]), end user (transportation; energy and storage; electronics and semiconductors; chemical, materials and polymers; medical; and others [sports equipment , construction, textile etc.]), and region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The base year for this market study is 2023, and the estimates and forecasts are for 2024 through 2029. Market estimates are in millions of U.S. dollars. The report concentrates on carbon nanotube products and technologies currently in commercial use; while promising, other products that are not likely to make it out of the laboratory during the forecast period are not included. The market size estimates include the revenue that CNT-producing companies generate by incorporating industrial-scale technologies.