Carbon Nanotubes (CNT) Market - Global
Industry Insights, Trends, Size, Share,
Outlook, and Opportunity Analysis, 2018–2026
Carbon nanotubes (CNTs) are cylindrically shaped structures with diameter of one-billionth of a
meter, which is 100 times stronger and just one-sixth as heavy as steel. The high strength and low
weight combined with physical flexibility is the most noteworthy property of carbon nanotubes.
Carbon nanotubes exhibit higher thermal and electrical conductivity than conventional copper
tubes. Carbon nanotubes are increasingly being used as an efficient tool in transporting drug
molecules, while it plays a major role in body implants, dental filling, and medical device
components. CNTs are functionalized with bioactive peptides, proteins, nucleic acids, and drugs for
targeted drug delivery to the cells and organs. Carbon nanotubes assure low toxicity and are not
immunogenic, due to which it has potential application in the field of nanomedicine and
nanobiotechnology, among others.
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Increasing healthcare applications to boost market growth
According to a study conducted by The University of Cambridge, in 2016, the global CNT
production capacity has increased tenfold over the last 5 years due to exponential rise in demand for
carbon nanotubes across various industries such as electronics, semiconductors, chemical &
polymers, advanced materials, and batteries & capacitors is driving growth of the carbon nanotubes
market. Furthermore, increasing incorporation of carbon nanotubes in the healthcare sector for