세계의 탄소나노튜브(CNT) 시장 : 용도별, 재료별, 지역별(2026-2032년)

Carbon Nanotubes Market Valuation - 2026-2032

Rising demand for lightweight materials is propelling the adoption of carbon nanotubes. The growing need for miniaturized and high-performance electronic components boosts the demand for carbon nanotubes is driving the market size surpass USD 10.58 Billion valued in 2024 to reach a valuation of around USD 34.14 Billion by 2032.

In addition to this, Growing research and development funding in nanotechnology accelerates the innovation is spurring up the adoption of carbon nanotubes. The demand for efficient energy storage systems, such as batteries and supercapacitors is enabling the market to grow at a CAGR of 17.4% from 2026 to 2032.

Carbon Nanotubes Market: Definition/ Overview

Carbon nanotubes (CNTs) are cylindrical nanostructures made up of carbon atoms arranged in a hexagonal lattice, resembling a rolled-up sheet of graphene. They possess extraordinary mechanical, electrical, and thermal properties, making them highly sought after in various scientific and industrial fields. Their unique structure can be either single-walled (SWCNTs) or multi-walled (MWCNTs), with each type exhibiting distinct characteristics and potential applications.

The applications of carbon nanotubes are vast and diverse. In the electronics industry, they are used to develop advanced components like transistors, sensors, and conductive films due to their exceptional electrical conductivity. Additionally, CNTs are utilized in materials science to create strong, lightweight composites for aerospace and automotive applications. Their unique properties also lend themselves to potential uses in medicine, such as drug delivery systems and cancer treatment, showcasing their versatility and importance in modern technology and research.

How will Rising Demand in Aerospace and Automotive Industries Fuel Carbon Nanotubes Market Growth?

The electronics industry is a major driver of the carbon nanotubes market, with applications ranging from flexible displays to energy storage devices. Carbon nanotubes' exceptional electrical conductivity and mechanical strength make them ideal for miniaturizing electronics and improving device performance. According to the U.S. National Nanotechnology Initiative, federal funding for nanotechnology research and development reached $1.7 billion in fiscal year 2023, highlighting the government's commitment to advancing this field.

The aerospace and automotive industries are increasingly adopting carbon nanotubes for lightweight, high-strength composite materials. These materials offer improved fuel efficiency and reduced emissions, aligning with global sustainability goals. The European Commission reported that in 2022, the EU's research program Horizon Europe allocated €95.5 billion for research and innovation, with a significant portion dedicated to advanced materials including carbon nanotubes. This investment underscores the growing importance of nanotechnology in various industrial sectors.

The healthcare and biomedical sectors are emerging as significant drivers of the carbon nanotubes market, with applications in drug delivery systems, biosensors, and tissue engineering. Carbon nanotubes' unique properties allow for targeted drug delivery and enhanced imaging techniques. The National Institutes of Health (NIH) reported that in fiscal year 2022, it invested over $3.1 billion in nanotechnology-related research, including projects involving carbon nanotubes. This substantial funding reflects the potential of nanotechnology in advancing medical treatments.

Will Limited Scalability of Production Methods of Carbon Nanotubes Restrain Its Application?

One significant restraint in the carbon nanotubes market is the high production cost associated with synthesizing these materials. Current manufacturing processes can be complex and require specialized equipment, leading to elevated prices that can deter potential buyers. This financial barrier can limit the widespread adoption of carbon nanotubes in various industries, particularly among smaller companies that may struggle to invest in such advanced materials.

Another challenge is the limited scalability of production methods. While techniques like chemical vapor deposition and laser ablation can yield high-quality carbon nanotubes, they are not always easily scalable for large-scale commercial production. This inconsistency in availability can create supply chain disruptions and hinder the growth of the market as demand for carbon nanotubes continues to rise in various applications.

Safety and health concerns related to carbon nanotubes also pose a restraint. Research has indicated potential toxicological effects associated with the inhalation of CNTs, raising questions about their long-term safety for workers and consumers. As regulations and standards surrounding nanomaterials become stricter, companies may face additional compliance costs and scrutiny, which can slow down market growth.

Category-Wise Acumens

Which Factors Contribute to the Adoption of Carbon Nanotubes Electronics and Semiconductors Industry?

The electronics and semiconductors industry is rapidly emerging as the dominant force in the carbon nanotubes market, driven by the increasing demand for smaller, faster, and more energy-efficient devices. Carbon nanotubes' exceptional electrical and thermal properties make them ideal for next-generation transistors, interconnects, and thermal management solutions in electronic devices. According to the Semiconductor Industry Association, global semiconductor sales reached USD 527.2 Billion in 2023, indicating the massive scale of the industry that is increasingly incorporating carbon nanotubes. In a recent development, IBM announced in January 2024 the successful fabrication of a 1-nanometer transistor using carbon nanotubes, potentially extending Moore's Law beyond traditional silicon-based technologies.

The growing adoption of carbon nanotubes in flexible and wearable electronics is further solidifying the electronics sector's dominance in the market. These materials enable the creation of stretchable, durable, and highly conductive components essential for advanced wearable devices and flexible displays. The U.S. Bureau of Labor Statistics projects that employment in semiconductor and other electronic component manufacturing will grow 4.5% from 2022 to 2032, faster than the average for all occupations, partly due to emerging technologies like carbon nanotubes. Responding to this trend, LG Display unveiled in February 2024 a new line of flexible OLED displays incorporating carbon nanotube-based transparent electrodes, offering improved durability and touch sensitivity.

Will Multi-Wall Carbon Nanotubes (MWNTs) Segment Hold Major Share?

Multi-Wall carbon nanotubes (MWNTs) are dominating the carbon nanotubes market due to their superior mechanical strength, thermal conductivity, and lower production costs compared to single-wall nanotubes. These properties make MWNTs ideal for a wide range of applications, including composite materials, energy storage devices, and thermal management solutions. According to the National Nanotechnology Initiative, the U.S. government invested USD 1.7 Billion in nanotechnology research and development in fiscal year 2023, with a significant portion dedicated to carbon nanotube technologies. In a recent development, Nanocyl, a leading MWNT manufacturer, announced in January 2024 the expansion of its production capacity by 50% to meet the growing demand from the automotive and electronics industries.

The automotive sector is a major driver of MWNT adoption, particularly in the development of lightweight, high-strength composite materials for vehicle bodies and components. MWNTs enable manufacturers to reduce vehicle weight while maintaining or improving structural integrity, contributing to improved fuel efficiency and reduced emissions. The U.S. Department of Energy reported that in 2022, lightweight materials could reduce passenger car weight by up to 50%, potentially improving fuel economy by 35%. Responding to this trend, in February 2024, BMW unveiled a new electric vehicle concept featuring MWNT-reinforced carbon fiber body panels, promising a 20% weight reduction compared to traditional materials while maintaining superior crash protection.

Country/Region-wise Acumens

Will Rapidly Expanding Carbon Nanotube Production Capabilities Fuel Market Growth in Asia Pacific?

The Asia Pacific region is emerging as the powerhouse of the global carbon nanotubes market, with China and Japan leading the charge in both production and consumption. According to the Ministry of Industry and Information Technology of China, the country's carbon nanotube output reached 26,000 tons in 2023, representing a 15% increase from the previous year. This growth is primarily driven by extensive applications in electronics, automotive, and aerospace industries, where the unique properties of carbon nanotubes are revolutionizing material science.

South Korean and Taiwanese manufacturers are rapidly expanding their carbon nanotube production capabilities to meet the surging demand in semiconductor and display technologies. Recent developments include LG Chem's announcement in March 2024 of a USD 75 Million investment to double its carbon nanotube production capacity by 2026, aiming to capitalize on the growing electric vehicle battery market. The region's dominance is further solidified by its robust research and development ecosystem, with numerous technological breakthroughs enhancing the commercial viability of carbon nanotube applications.

Will Significant Investments in Research and Development in North America Drive Carbon Nanotubes Market Growth?

North America is experiencing robust growth in the carbon nanotubes market, propelled by significant investments in research and development across various sectors. The National Science Foundation reported that federal funding for nanotechnology research reached USD 1.7 Billion in fiscal year 2023, underscoring the government's commitment to advancing this technology. Industry leaders like Nano-C announced in February 2024 the successful completion of their Massachusetts facility expansion, increasing production capacity by 40% to meet the growing demand from aerospace and defense applications.

The United States continues to drive innovation in carbon nanotube applications, particularly in the semiconductor and energy storage sectors. Leading manufacturer Raymor Industries revealed plans in April 2024 to establish a state-of-the-art production facility in Texas, aiming to capitalize on the region's technological ecosystem. According to the U.S. Department of Energy, carbon nanotube-enhanced batteries demonstrated a 35% improvement in energy density during testing programs conducted throughout 2023, marking a significant advancement in electric vehicle technology.

Competitive Landscape

The carbon nanotubes market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the carbon nanotubes market include:

• Nanocyl S.A.
• CNT Co., Ltd.
• Showa Denko K.K.
• BASF SE
• Nanoshel LLC
• Hyperion Catalysis International, Inc.
• Southwest Nanotech, Inc.
• Klean Industries, Inc.
• Oxchem Corporation
• C nano Technologies, Inc.
• American Elements
• Eikos, Inc.
• Hanwha Chemical Corporation
• Toray Industries, Inc.
• XG Sciences, Inc.
• Mitsubishi Chemical Corporation
• Reinste Nano Ventures Pvt. Ltd.
• Applied Nanotech Holdings, Inc.
• SABIC
• Carbon Solutions, Inc.

Latest Developments

• In September 2023, Cabot Corporation announced the launch of a new line of carbon nanotubes designed for enhanced electrical conductivity in battery applications. This innovation aims to improve the performance and lifespan of energy storage devices.
• In August 2023, OCSiAl unveiled a breakthrough in the production of high-purity carbon nanotubes, significantly reducing manufacturing costs while increasing scalability. This advancement is expected to drive broader adoption across various industries, including electronics and composites.

Carbon Nanotubes Market, By Category

• Application:
• Electronics & Semiconductors
• Chemical Material & Polymers
• Energy
• Automotive
• Aerospace & Defense
• Healthcare
• Material
• Single-Walled Carbon Nanotube (SWCNT)
• Multi-Walled Carbon Nanotube (MWCNT)
• Company Size:
• Small Enterprises and Medium Enterprises
• Large Enterprises
• Government and Non-Profit Organizations
• End-Users:
• Banking, financial Services and Insurance (BFSI)
• Retail and E-commerce
• IT and Telecommunication
• Healthcare
• Manufacturing
• Construction and Building
• Other
• Region:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL CARBON NANOTUBES MARKET

• 1.1 Market Definition
• 1.2 Market Segmentation
• 1.3 Research Timelines
• 1.4 Assumptions
• 1.5 Limitations

2 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

• 2.1 Data Mining
• 2.2 Data Triangulation
• 2.3 Bottom-Up Approach
• 2.4 Top-Down Approach
• 2.5 Research Flow
• 2.6 Key Insights from Industry Experts
• 2.7 Data Sources

3 EXECUTIVE SUMMARY

• 3.1 Market Overview
• 3.2 Ecology Mapping
• 3.3 Absolute Market Opportunity
• 3.4 Market Attractiveness
• 3.5 Global Carbon Nanotubes Market Geographical Analysis (CAGR %)
• 3.6 Global Carbon Nanotubes Market , By Application (USD Million)
• 3.7 Global Carbon Nanotubes Market , By Material (USD Million)
• 3.8 Future Market Opportunities
• 3.9 Global Market Split
• 3.10 Product Life Line

4 GLOBAL CARBON NANOTUBES MARKET OUTLOOK

• 4.1 Global Carbon Nanotubes Market Evolution
• 4.2 Drivers
  • 4.2.1 Driver1
  • 4.2.2 Driver 2
• 4.3 Restraints
  • 4.3.1 Restraint1
  • 4.3.2 Restraint 2
• 4.4 Opportunities
  • 4.4.1 Opportunity1
  • 4.4.2 Opportunity 2
• 4.5 Porters Five Force Model
• 4.6 Value Chain Analysis
• 4.7 Pricing Analysis
• 4.8 Macroeconomic Analysis

5 GLOBAL CARBON NANOTUBES MARKET, BY APPLICATION

• 5.1 Overview
• 5.2 Electronics & Semiconductors
• 5.3 Chemical Material & Polymers
• 5.4 Energy
• 5.5 Aerospace & defense
• 5.6 Automotive
• 5.7 Aerospace & defense
• 5.8 Others

6 GLOBAL CARBON NANOTUBES MARKET, BY MATERIAL

• 6.1 Overview
• 6.2 Multi-Wall Nanotubes (MWNT)
• 6.3 Single-Wall Nanotubes (SWNT)

7 GLOBAL CARBON NANOTUBES MARKET, BY COMPANY SIZE

• 7.1 Small Enterprises and Medium Enterprises
• 7.2 Large Enterprises
• 7.3 Government and Non-Profit Organizations

8 GLOBAL CARBON NANOTUBES MARKET, BY END USER

• 8.1 Banking, financial Services and Insurance (BFSI)
• 8.2 Retail and E-commerce
• 8.3 IT and Telecommunication
• 8.4 Healthcare
• 8.5 Manufacturing
• 8.6 Construction and Building
• 8.7 Other

9 GLOBAL CARBON NANOTUBES MARKET, BY GEOGRAPHY

• 9.1 Overview
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 U.K.
  • 9.3.3 France
  • 9.3.4 Italy
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 Japan
  • 9.4.3 India
  • 9.4.4 Rest of Asia Pacific
• 9.5 Latin America
  • 9.5.1 Brazil
  • 9.5.2 Argentina
  • 9.5.3 Rest of Latin America
• 9.6 Middle-East and Africa
  • 9.6.1 UAE
  • 9.6.2 Saudi Arabia
  • 9.6.3 South Africa
  • 9.6.4 Rest of Middle-East and Africa

10 GLOBAL CARBON NANOTUBES MARKET COMPETITIVE LANDSCAPE

• 10.1 Overview
• 10.2 Company Market Ranking
• 10.3 Key Developments
• 10.4 Company Regional Footprint
• 10.5 Company Industry Footprint
• 10.6 ACE Matrix

11 COMPANY PROFILES

• 11.1 Arkema
  • 11.1.1 Company Overview
  • 11.1.2 Company Insights
  • 11.1.3 Product Benchmarking
  • 11.1.4 Key Developments
  • 11.1.5 Winning Imperatives
  • 11.1.6 Current Focus & Strategies
  • 11.1.7 Threat from Competition
  • 11.1.8 SWOT Analysis
• 11.2 Jiangsu Cnano Technology Co., Ltd
• 11.3 Nanocyl SA
• 11.4 Ossila Ltd
• 11.5 Merck KAGG
• 11.6 Nanolab Inc
• 11.7 LG Chem
• 11.8 Showa Denko
• 11.9 NanoIntegris
• 11.10 Dazhan Nanomaterials
• 11.11 Carbon Solutions Inc.
• 11.12 Bergen Carbon Solutions AS
• 11.13 Continental Carbon

12 VERIFIED MARKET RESEARCH

• 12.1 About Verified Market Intelligence
• 12.2 Dynamic Data Visualization