Global Carbon Nanotubes Market Experiences Renewed Growth
Future Markets has released a market report, titled The Global Market for Carbon Nanotubes to 2033. According to the report, the global carbon nanotubes (CNT) market has experienced renewed growth recently, driven by demand for conductive materials for lithium-ion batteries for electric vehicles and other energy storage applications, with many producers greatly increasing production capacities.
Multi-walled carbon nanotube (MWCNT) powders, arrays, sheets, flakes, films, and yarns have found applications in consumer electronics, power cables, ESD resins, batteries, polymer composites, coatings, aerospace, sensors, heaters, filters, and biomedicine. Large-scale industrial production of single-walled carbon nanotubes (SWCNTs) has been initiated, promising new market opportunities in rubber, coatings, transparent conductive films, transistors, sensors, and memory devices. According to the report, demand for CNTs will increase to >50,000 t.p.a. in the next few years.