Mahesh2117 Feb, 2025Technology
The global carbon nanotubes (CNTs) market is experiencing remarkable growth, driven by their unique properties and diverse applications across industries. Valued at USD 3.24 billion in 2024, the market is projected to grow from USD 3.68 billion in 2025 to USD 10.36 billion by 2033, reflecting a robust compound annual growth rate (CAGR) of 13.80% during the forecast period (2025–2033). Carbon nanotubes, cylindrical molecules made of rolled-up sheets of single-layer carbon atoms, are renowned for their ultra-high strength, lightweight nature, and exceptional electrical and thermal conductivity. These properties make them indispensable in sectors such as electronics, automotive, aerospace, energy, and healthcare.
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