Carbon Nanotubes Market Analysis

End Users (Electronics & Semiconductors, Plastic & Composites, Energy & Storage, Medical)

The plastic & composites segment is expected to garner a significant carbon nanotubes market share of around 35% by 2037. Carbon nanotubes are rapidly being employed in several plastic and composite materials for SE due to their exceptionally high electrical conductivity.

These CNT-infused plastics find uses in electronic devices sensors, conductive coatings, and others. On the other hand, it also improves the thermal conductivity of the composites by almost 104% and is used in heat sinks, electronic cooling, and thermal interface materials.

Type (Single Walled, Multi Walled)

The multi-walled segment is poised to gain the largest market share of about 38% in the year 2037. The multi-walled segment has various applications, including solar industries, batteries, nanodevices, displays, electrodes, power conductivity, and others.

Additionally, the presence of graphene in multi-walled carbon nanotubes provides extra tensile strength when utilized in various applications.

Our in-depth analysis of the global market includes the following segments:

Type

Single Walled
Multi Walled

Technology

Arc Discharge
Laser Ablation
Catalytic CVD
High-Pressure Carbon Monoxide
CoMoCAT
Floating Catalyst
Others

End Users

Electronics & Semiconductors
Plastic & Composites
Energy & Storage
Medical

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of carbon nanotubes is evaluated at USD 1.32 billion.

The carbon nanotubes market size was over USD 1.14 billion in 2024 and is anticipated to exceed USD 12.63 billion by the end of 2037, witnessing over 20.2% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for electronics and rising demand for higher fuel efficiency will boost the market growth.

Asia Pacific industry share is set to cross 32% by 2037, driven by rising government initiatives to reduce carbon emission.

The major players in the market include Cabot Corporation, Mechnano, Chasm Advanced Materials Inc., Showa Denko K.K., Thomas Swan And Co. Ltd., Tokyo Chemical Industry Co. Ltd., Toray Industries Inc., Cheap Tubes, Inc., Hyperion Catalysis International, Inc., LG Chem.

Carbon Nanotubes Market Analysis