Carbon Nanotubes Market Volume Forecast Study 2022

Single-walled carbon nanotubes (SWCNT)

The global Single-walled carbon nanotubes (SWCNT) market volume was XX  tons in 2019 and is expected to reach XX tons by 2027 with a CAGR of XX% during the forecast period 2020 to 2027. The global Single-walled carbon nanotubes (SWCNT) market was valued USD XX million in 2019 and is expected to reach USD XX million by 2027 with a CAGR of XX% during the forecast period 2020 to 2027. SWCNTs are tubes of graphite that are capped at the ends and have a single cylindrical wall. Its structure can be visualized as a single-atom-thick layer of graphite, which is rolled into a seamless cylinder. Most SWCNTs have a diameter of one nanometer, while the tube length can be a thousand times longer. SWCNTs are more flexible and can be easily twisted, flattened, and bent into small circles. However, these are harder to make than MWCNTs. SWCNTs have unique electronic and mechanical properties, enabling them for use in numerous applications such as field-emission displays, nanocomposite materials, nanosensors, and logic elements. These materials are on the leading edge of electronic fabrication and are expected to dominate the market in future. OCSiAl is the world’s first manufacturer of SWCNTs under REACH registration. OCSiAl is now the only company in Europe able to commercialize up to 100 tonnes of single wall carbon nanotubes, also known as graphene nanotubes. The company’s current portfolio includes over 1,600 customers worldwide, with China and Europe as the two most rapidly expanding markets for nanotube applications in transportation, electronics, construction, infrastructure, renewable energy, power sources, sports equipment, 3D-printing, textiles, sensors and many more. Rise in electronic devices such as smartphones and tablets will lead to the growth in the CNT market. In addition, growing adoption of Internet of Things (IoT) devices, which require these components, will further increase the adoption of CNTs.

Multi-walled carbon nanotubes (MWCNT)

The global Multi-walled carbon nanotubes (MWCNT) market volume was XX tons in 2019 and is expected to reach XX tons by 2027 with a CAGR of XX% during the forecast period 2020 to 2027. The global Multi-walled carbon nanotubes (MWCNT) market was valued USD XX million in 2019 and is expected to reach USD XX million by 2027 with a CAGR of XX% during the forecast period 2020 to 2027. MWCNTs are easier to produce in high quantities than SWCNTs. The challenge in producing SWCNTs on a large scale compared with MWCNTs is reflected in the higher prices of SWCNTs. SWCNTs, however, have ten times better performance for specific applications. 

MWNCTs have major applications in energy storage (batteries and supercapacitor) and conductive copper. MWNTs are highly conductive when integrated into a composite structure. However, only the outer wall alone is capable of electrical conductivity while inner walls are not capable of electrical conductivity. MWNTs have a high aspect ratio with lengths almost 100 times longer than the diameter, and in certain cases much longer. Their performance and application depend on aspect ratio and the degree of entanglement and the straightness of the tubes. MWNTs have good tensile strength and when integrated into a composite, such as a thermoset compound or thermoplastic, can significantly increase its strength. An ideal MWNTs have a thermal stability more than 600°C and high purity, as residual catalyst in the product can also catalyze decomposition. Similar to graphite and fullerenes, MWNTs are an allotrope of sp2 hybridized carbon and have high chemical stability.

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