Carbon Nanotube Market Share, Scope Analysis 2023-2029

Muthyala02 May, 2023Other

The global carbon nanotube market size was valued at USD 902 million in 2021 and is poised to grow at a significant CAGR of 14.8% during the forecast period 2023-29. The primary factors that drive the market are the development and introduction of structural polymer complexes which are lightweight and highly conductive nature of the material which is used as fillers in electromagnetic interference shielding material. The global carbon nanotube market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share.