Carbon Nanotubes (CNT) Producers and CNT Market Trend
The global carbon nanotube market size was USD 3.6 billion in 2017, growing to USD 7.9 billion in 2022, with a CAGR of 17.0% from 2017 to 2022. With the continuous development of new energy vehicle power battery, electronics, semiconductor, medical, materials and other industries, the global demand for carbon nanotubes will grow rapidly. The global market for carbon nanotubes is expected to reach USD 16.5 billion in 2027, with a CAGR of 15.9% from 2022 to 2027.
Figure 2017-2027 Global CNT Market Size (Billion USD) and CAGR
The key players in the global carbon nanotube market are Showa Denko, Arkema, Nanocyl, Jiangsu Cnano, LG Chem, Hyperion Catalysis, Timesnano, OCSiAl, Qingdao Haoxin, Kumho Petrochemical and Hanwha Chemical.