The global industrial carbon nanotubes market was estimated at 2.3 billion in 2020 and is expected to hit $10.3 billion by 2030, registering a CAGR of 16.3% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers and opportunities, market size and estimations, competitive scenario, and wavering market trends. 

Access Full Summary Report: https://www.alliedmarketresearch.com/industrial-carbon-nanotubes-market-A13107 

According to the report published by Allied Market Research, the Industrial Carbon Nanotubes Market by Type (Single-Walled Carbon Nanotubes (SWCNTs) and Multi-Walled Carbon Nanotubes (MWCNTs)), Technology (Arc Discharge, Laser Ablation, CVD, Catalytic CVD, High Pressure Carbon Monoxide, CoMoCAT, Floating Catalyst, and Others), and Application (Electronics Semiconductor, Energy Storage, Structural Composites, Chemical Materials, Medical Pharmacy, and Others): Global Opportunity Analysis and Industry Forecast, 2017-2030. 

The key market players analyzed in the global industrial carbon nanotubes report include Cabot Corporation, CHASM Advanced Materials Inc., CHEAPTUBES, Hyperion Catalysis International, Jiangsu Tiannai Technology Co. Ltd., Kumho Petrochemical, LG Chem, Nano-C, Nanocyl SA, Arkema SA, Toray Industries, Nanostructured Amorphous Materials Inc., Nopo Nanotechnologies, OCSiAl, Ossila Ltd., Raymor Industries, Showa Denko K.K., Klean Industries, Thomas Swan and Co. Ltd., and Tokyo Chemical Industry Co. Ltd. These market players have incorporated several strategies, including partnerships, expansion, collaboration, joint ventures, and others, to strengthen their standing in the industry. 

The rise in demand from end-use industries and advancements in carbon nanotechnology fuel the growth of the global industrial carbon nanotube market. On the other hand, several production scale-up challenges, the resultant high prices, and an increase in demand for inorganic and boron nitride nanotubes impede the growth to some extent. However, biomedical applications of carbon nanotubes and the commercial release of CNT transistors are expected to create lucrative opportunities in the industry.