The global carbon nanotubes (CNT) market size is anticipated to reach USD 10.52 billion by 2028 and exhibit a CAGR of 10.2% during the forecast period. Carbon nanotubes find their applications requiring durability, thermal conductivity, electrical conductivity, and high strength. The growing demand for electronics and electrical products is expected to boost the market growth. Similarly, the expansion of the aerospace industry is anticipated to bolster market growth. Fortune Business InsightsTM has presented this information in the report titled, “Carbon Nanotubes (CNT) Market, 2021-2028”. The market size stood at USD 4.94 billion in 2020.

The swift commercialization and upscale of installed capacities with technological advancements to develop advanced products and improve overall product quality is anticipated to be a major trend that is likely to foster the growth of the market in the coming years.

Information Source - https://www.fortunebusinessinsights.com/carbon-nanotubes-cnt-market...