Global Carbon Nanotubes 2020-2023 | is projected value USD 6026.4 million to expand at a CAGR of 20.36% during the forecast to 2027
Market Highlights The Global Carbon Nanotubes (CNTs) Market was valued at USD 1,659.8 million in 2018 and is projected to register a CAGR of 20.36% to reach USD 6,026.4 Million by the end of 2025. Nanotechnology is the emerging field of science dealing with nanoparticles (1 nm = 10−9m). Carbon nanotubes (CNTs) are nanoparticles with a size range of 1–150 nm and they offer unique properties that are valuable in nanotechnology and other fields of material science. These tubes are made of layer/layers of graphene which are rolled to form a seamless cylinder. On the basis of number of tubes present, the CNTs are classified as single-walled carbon nanotubes (SWCNTs) and multi-walled carbon nanotubes (MWCNTs). Most of the SWCNTs have a diameter close to one micron and made by wrapping a one-atom-thick layer of graphene into seamless cylinder. On the other hand, MWCNTs consist of multiple rolled layers (concentric tubes) of graphene. Market Players Market Research Future (