Carbon Nanotubes MarketSize and Trends

Increasing healthcare applications to boost market growth

According to a study conducted by The University of Cambridge, in 2016, the global CNT production capacity has increased tenfold over the last 5 years due to exponential rise in demand for carbon nanotubes across various industries such as electronics, semiconductors, chemical & polymers, advanced materials, and batteries & capacitors is driving growth of the carbon nanotubes market. Furthermore, increasing incorporation of carbon nanotubes in the healthcare sector for therapies such as cancer, hyperthermia, gene therapy, tissue regeneration, and artificial implants is drastically driving growth of the carbon nanotube market. Its superior mechanical & transport properties are the major factors for growth of the carbon nanotubes market.

Advent of multi-wall carbon nanotubes fueling market growth