Carbon Nanotubess Market: A Look at the Industry's Current Status and Future Outlook
The global Carbon Nanotube (CNT) market size reached USD 876.8 Million in 2021 and is expected to register a revenue CAGR of 14.9% during the forecast period, according to latest analysis by Emergen Research. Increasing application of Carbon Nanotubes (CNTs) in the healthcare sector is expected to support market revenue growth between 2021 and 2030.
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CNTs are nanomaterials widely used in nanotechnology, from materials and electronics to nanomedicine, and they play an important role in innovation of nanomaterials for next-generation theranostic nanomedicine. Biosensors made with CNT can diagnose yeast infection more quickly than the current method, while targeting tumors is another possible medical application of CNTs. CNTs have already reached consumers through a variety of marketed products, ranging from batteries to sporting goods, and they are going to be used as an alternative to silicon in next-generation of nanoscale processors.