The Market Reports

Synopsis

The global market for Carbon Nanotube CNT was estimated to be worth US$ 652 million in 2024 and is forecast to a readjusted size of US$ 4863 million by 2031 with a CAGR of 36.5% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Carbon Nanotube CNT cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Carbon nanotubes are tubular nanomaterials composed of carbon atoms bonded through sp² hybridization. Their structure can be visualized as seamless hollow cylinders formed by rolling up single- or multi-layer graphene sheets.
Key characteristics:

Diameters typically range from a few nanometers to several dozen nanometers (1 nanometer = 10⁻⁹ meters), with lengths reaching micrometers or even millimeters, resulting in an extremely high aspect ratio (up to 1,000 or more), exhibiting typical “one-dimensional nanomaterial” properties.

The tube walls are composed of hexagonal carbon rings, with some structures potentially containing pentagonal or heptagonal rings. These defects can influence their electrical, mechanical, and other properties.
Classification:

Based on the number of layers, they are categorized into single-walled carbon nanotubes (SWCNTs) (formed by the curling of a single layer of graphene) and multi-walled carbon nanotubes (MWCNTs) (formed by the nesting of multiple concentric cylindrical graphene layers).

Based on their helical structure (chiral angle), they can be classified into armchair, zigzag, and chiral types. Different structures result in significant differences in their electrical properties (e.g., armchair-type CNTs exhibit metallic properties, while zigzag-type CNTs may exhibit semiconducting properties).

Carbon nanotubes, which combine exceptional mechanical strength (over 100 times stronger than steel), conductivity (approaching that of copper), thermal conductivity, and chemical stability, are widely applied in composite materials, electronic devices, energy storage (such as battery electrodes), and biomedical fields, making them one of the research hotspots in the field of nanomaterials.

In 2024, global carbon nanotube sales reached 10,836 tons, with an average price of USD 60,200 per kilogram.
Expanding Application Areas: With technological advancements, carbon nanotubes are expected to find applications in more fields. For example, in the semiconductor manufacturing sector, the successful commercialization of carbon nanotube memory could open up significant market opportunities. Additionally, in aerospace and sports equipment industries, the application of carbon nanotube-reinforced composites is also anticipated to expand further.

Product Upgrades and Performance Enhancements: Single-walled carbon nanotubes with improved performance are expected to enter mass production soon, potentially ushering in a new growth cycle for the industry. In the future, research and development efforts will focus on improving the purity of carbon nanotubes and enhancing powder dispersion technology to address issues such as agglomeration, thereby further enhancing product performance.

Continuous Expansion of Production Capacity: Against the backdrop of the rapid development of the new energy industry, carbon nanotube-related manufacturing companies continue to announce plans for increased production and expansion. Leading companies are striving to increase their market share, while new entrants are continuously emerging, resulting in a steady increase in new production capacity.

This report aims to provide a comprehensive presentation of the global market for Carbon Nanotube CNT, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Carbon Nanotube CNT by region & country, by Type, and by Application.

The Carbon Nanotube CNT market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carbon Nanotube CNT.

Market Segmentation

By Company

• Cnano
• LG Chem
• SUSN Nano
• HaoXin Technology
• Shandong Dazhan Nano Materials
• Nanocyl
• Arkema
• Showa Denko
• OCSiAI
• Kumho Petrochemical

Segment by Type

• SWNTs
• MWNTs

Segment by Application

• Lithium Battery
• Conductive Plastic
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.