Carbon Nanotubes Market Report Scope & Overview:

The Carbon Nanotubes Market is expected to increase at a CAGR of 17% from 2023-2030, was valued at  USD 25.72 billion in 2022  expand to USD 90.34 billion in 2030. Demand for lightweight structural polymer composites, conductive fillers for EMI shielding materials, and antistatic packaging from automotive, electronics, energy, and industrial end-users are driving the worldwide carbon nanotubes market. Fuel pumps, fuel filter, connectors, reservoirs, line clamps, and electronic housings are all made with carbon nanotube-based ESD materials. Electromagnetic interference (EMI) shielding composites and antistatic packaging materials are made with carbon nanotubes in the electrical and electronics industries. Despite the fact that numerous conducting particles, such as carbon black particles, carbon fibres, or metallic fibres, have been researched, CNTs have showed superior EMI shielding properties due to their high aspect ratio, increased strength, flexibility, and low density, making them suitable fillers.

Carbon Nanotubes (CNT) Market Revenue Analysis

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The Report identified a number of trends in the global industry, one of which is the high demand for diverse composite materials in a variety of applications, including bulletproof jackets and sporting goods. Carbon nanotubes are being more widely used in these applications because they improve the strength and mechanical qualities of completed market goods. Following the techniques that give high-quality finishing, the end products are stiffer, stronger, and lighter.



When it comes to electrical wiring, the average market vehicle uses 55 pounds of copper, but when it comes to electric cars, that quantity climbs to three times. The reduction in the quantity of copper used in vehicles is projected to result in a significant reduction in overall vehicle weight, as well as lower fuel consumption and carbon emissions, which would propel the market toward global expansion by the end of the term in 2030. In addition, its rise as a lighter alternative to copper has a significant role to play in the development of the market and changes to consider during the projection period, which ends in 2030.


Restraints that prevent the market from increasing in the forecast period of 2023-2030 are projected to have an influence on the carbon nanotubes market revenue. In the creation of nanomaterials, the release of nanoparticles and nano-biotechnological byproducts poses major dangers to human health and safety. A carbon nanotube can be found in a wide range of applications and goods, including solar cells and tennis rackets. They are growing their numbers in order to penetrate the environment, but the challenges that come with it are preventing them from doing so.


The emergence of the new coronavirus had a major economic influence on the operation of the carbon nanotube market. Travel, tourism, aviation, production, and manufacturing are among the financial and industrial market sectors that have been hit the worst. The International Monetary Fund and the World Bank predicted that the worst recession will occur in 2019-2020. Extending lockdown, market halts, and economic activity halts are all likely to reduce worldwide market demand. Furthermore, most countries' renewable energy sectors rely heavily on imports, particularly from China. COVID-19 has had the greatest impact on material supply and transportation in China, the pandemic's recognized source.

Market Segmentation:

By Type

  • Multi-Walled Carbon Nanotube

  • Single-Walled Carbon Nanotube

By Method

  • Chemical Vapor Deposition

  • Catalytic Chemical Vapor Deposition  

  • High Pressure Carbon Monoxide Reaction

  • Others

By Application

  • Electronics & Semiconductors

  • Advanced Materials

  • Chemical & Polymers

  • Batteries & Capacitors

  • Aerospace & Defense

  • Energy

  • Medical

  • Others

By Technology

  • Arc Discharge

  • Laser Ablation

  • CVD

  • Catalytic CVD

  • High Pressure Carbon Monoxide

  • CoMoCAT

  • Floating Catalyst

  • Others

Carbon Nanotubes (CNT) Market Segmentation Analysis

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The carbon nanotubes market has been divided all across the region supported by the region into North American region, Asia-Pacific region, European region, Spanish American region, and also the Near East and African region. Being the fastest-emerging region, the biggest market share within the global market is held by the Asia-Pacific region because of the presence of states like Asian countries such as, Japan, China, and India which are thought to be the most junction of the auto, electrical, and defense industry and hence drives the market demand during this region. Moreover, increasing urbanization and industrializations are other factors that make more market demand.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • South Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 Key Players:

Cheap Tubes, Inc., Showa Denko K.K., Thomas Swan & Co. Limited, Arkema SA, Carbon Solutions, Inc., Toray International Group Limited, LG Chem, Arry International Group Limited, Cnt Co., Ltd., Cnano Technology Ltd., Hanwha Corporation, Ocsial, Grafen Inc, Chengdu Organic Chemicals Co. Ltd.,  Klean Commodities, Kumho Petrochemical Co., Ltd., Raymor Industries Inc., Nanoshel LLC, Advanced Nanopower Inc., Nanolab Inc., Chasm Advanced Materials Inc., Nano-C Inc., Xinnano Materials, Inc., Nanothinx S.A., Reinste Nano Ventures.

Arkema SA-Company Financial Analysis


Carbon Nanotubes Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 25.72 Billion
Market Size by 2030 US$ 90.34 Billion
CAGR CAGR of 17% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Multi-Walled Carbon Nanotube, Single-Walled Carbon Nanotube)
• By Method (Chemical Vapor Deposition, Catalytic Chemical Vapor Deposition, High Pressure Carbon Monoxide Reaction ,Others)
• By Application (Electronics & Semiconductors , Advanced Materials, Chemical & Polymers , Batteries & Capacitors , Aerospace & Defense, Energy, Medical,Others)
• By TECHNOLOGY (Arc Discharge, Laser Ablation, CVD, Catalytic CVD, High Pressure Carbon Monoxide, CoMoCAT, Floating Catalyst, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Cheap Tubes, Inc., Showa Denko K.K., Thomas Swan & Co. Limited, Arkema SA, Carbon Solutions, Inc., Toray International Group Limited, LG Chem, Arry International Group Limited, Cnt Co., Ltd., Cnano Technology Ltd., Hanwha Corporation,  Ocsial, Grafen Inc, Chengdu Organic Chemicals Co. Ltd.,  Klean Commodities, Kumho Petrochemical Co., Ltd., Raymor Industries Inc., Nanoshel LLC, Advanced Nanopower Inc., Nanolab Inc., Chasm Advanced Materials, Inc., Nano-C Inc.,  Xinnano Materials, Inc., Nanothinx S.A., Reinste Nano Ventures

Frequently Asked Questions

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.


Ans: Cheap Tubes, Inc., Showa Denko K.K.,  Carbon Solutions, Inc., Thomas Swan & Co. Limited , Arkema SA, LG Chem, Toray International Group Limited, Arry International Group Limited,  Hanwha Corporation, Cnt Co., Ltd., Cnano Technology Ltd., Ocsial,  Kumho Petrochemical Co., Ltd., Grafen Inc , Chengdu Organic Chemicals Co. Ltd.,  Klean Commodities,  Raymor Industries Inc., Nanolab Inc.,  Nanoshel LLC , Advanced Nanopower Inc., Chasm Advanced Materials, Inc.,  Nanothinx S.A.,  Nano-C Inc.,  Xinnano Materials, Inc., Reinste Nano Ventures

Ans: North American region, Asia-Pacific region, European region, Spanish American region are country has highest demand of the Global Carbon Nanotubes (CNT) Market


Ans: Multi-Walled Carbon Nanotube  and Single-Walled Carbon Nanotube are the sub-segments of by type segment

Ans: Carbon Nanotubes Market is expected to increase at a CAGR of 17% in 2023-2030, from USD 25.72 billion in 2022 to USD 90.34 billion in 2030. 

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Global Carbon Nanotubes (CNT) Market Segmentation, by Type

8.1 Multi-Walled Carbon Nanotube

8.2 Single-Walled Carbon Nanotube

9. Global Carbon Nanotubes (CNT) Market Segmentation, by Method

9.1 Chemical Vapor Deposition

9.2 Catalytic Chemical Vapor Deposition 

9.3 High Pressure Carbon Monoxide Reaction

9.4 Others

10. Global Carbon Nanotubes (CNT) Market Segmentation, by Application

10.1Electronics & Semiconductors

10.2 Advanced Materials

10.3 Chemical & Polymers

10.4 Batteries & Capacitors

10.5 Aerospace & Defense

10.6 Energy

10.7 Medical

10.8 Others

11. Global Carbon Nanotubes (CNT) Market Segmentation, by Technology

11.1 Arc Discharge

11.2 Laser Ablation

11.3 CVD

11.4 Catalytic CVD

11.5 High Pressure Carbon Monoxide

11.6 CoMoCAT

11.7 Floating Catalyst

11.8 Others

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2    Canada

12.2.3    Mexico

12.3 Europe

12.3.1    Germany

12.3.2    UK

12.3.3    France

12.3.4    Italy

12.3.5    Spain

12.3.6    The Netherlands

12.3.7    Rest of Europe

12.4 Asia-Pacific

12.4.1    Japan

12.4.2    South Korea

12.4.3    China

12.4.4    India

12.4.5    Australia

12.4.6    Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1    Israel

12.5.2    UAE

12.5.3    South Africa

12.5.4    Rest

12.6 Latin America

12.6.1    Brazil

12.6.2    Argentina

12.6.3    Rest of Latin America

13. Company Profiles

13.1 Nanocyl SA

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Cheap Tubes, Inc.

13.3 Showa Denko K.K. 

13.4 Carbon Solutions, Inc.

13.5 Thomas Swan & Co. Limited

13.6 Arkema SA

13.7 LG Chem

13.8 Toray International Group Limited

13.8 Arry International Group Limited

13.9 Hanwha Corporation

13.10 Cnt Co., Ltd.

13.11 Cnano Technology Ltd.

13.12 Ocsial

13.13 Kumho Petrochemical Co., Ltd.

13.13 Grafen Inc.

13.13 Chengdu Organic Chemicals Co. Ltd.

13.16 Klean Commodities

13.17 Raymor Industries Inc.

13.18 Nanolab Inc.

13.19 Nanoshel LLC

13.20 Advanced Nanopower Inc.

13.21 Chasm Advanced Materials, Inc.

13.22 Nanothinx S.A.

13.23 Nano-C Inc.

13.24 Xinnano Materials, Inc.

13.25 Reinste Nano Ventures

14. Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

15. Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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We at SNS Insider have divided Primary Research into 2 parts.

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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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