Carbon Nanotubes Market Trends, Business Opportunities, Challenges, Size, Share, Growth Insights to 2026
The global carbon nanotubes market size is projected to reach USD 13.65 billion by the end of 2026. The increasing investment in development of sustainable solar cells will bode well for the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “ Carbon Nanotubes (CNT) Market Size, Share & Industry Analysis, By Product (Multi-Walled Carbon Nanotubes (MWCNT) and Single-Walled Carbon Nanotubes (SWCNT)), By Application (Plastics & Composites, Electrical & Electronics, Energy, and Others), and Regional Forecast, 2019-2026 ,” the market was worth USD 4.56 billion in 2018 and will exhibit a CAGR of 15.3% during the forecast period, 2019-2026. Carbon nanotubes are cylindrical tubes that are used in applications that require high strength and electrical conductivity. The tube is made up of cylindrical molecules that are inclusive of rolled-up sheets of single-layer carbon atoms. Besides the aforementioned properties, th