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US Single Walled Carbon Nanotube Market

ID: MRFR/CnM/15320-HCR
111 Pages
Chitranshi Jaiswal
October 2025

US Single-Walled Carbon Nanotube Market Research Report By Method (Arc Discharge, Laser Ablation, Chemical Vapor Deposition, High Pressure Carbon Monoxide) and By End Use Industries (Aerospace & Defense, Electrical & Electronics, Automotive, Energy, Sports, others) - Forecast to 2035.

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US Single Walled Carbon Nanotube Market Infographic
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US Single Walled Carbon Nanotube Market Summary

As per Market Research Future analysis, the US single walled-carbon-nanotube market size was estimated at 224.64 USD Million in 2024. The US single walled-carbon-nanotube market is projected to grow from 234.52 USD Million in 2025 to 360.74 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4%.4% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US single walled-carbon-nanotube market is poised for substantial growth driven by technological advancements and increasing applications across various sectors.

  • The electronics segment remains the largest, fueled by rising demand for advanced materials in communication technologies.
  • Energy storage applications are emerging as the fastest-growing segment, reflecting advancements in battery technologies.
  • Biomedical applications are gaining traction, indicating a shift towards innovative healthcare solutions utilizing nanotechnology.
  • Key market drivers include increasing investment in nanotechnology and a growing focus on sustainable manufacturing practices.

Market Size & Forecast

2024 Market Size 224.64 (USD Million)
2035 Market Size 360.74 (USD Million)
CAGR (2025 - 2035) 4.4%

Major Players

Nanoshel (US), Nanotech (US), Cheap Tubes (US), Ocsial (RU), Carbon Solutions (US), Mitsubishi Chemical (JP), Bayer MaterialScience (DE), Haydale Graphene Industries (GB)

US Single Walled Carbon Nanotube Market Trends

The single walled-carbon-nanotube market is currently experiencing notable growth, driven by advancements in nanotechnology and increasing applications across various sectors. Industries such as electronics, energy, and materials science are increasingly adopting these nanomaterials due to their unique properties, including exceptional strength, electrical conductivity, and thermal stability. The demand for lightweight and high-performance materials is propelling innovations in product development, particularly in the aerospace and automotive sectors. Furthermore, the integration of single walled-carbon-nanotubes in composite materials is enhancing their mechanical properties, making them attractive for manufacturers seeking to improve product performance. In addition to industrial applications, the single walled-carbon-nanotube market is witnessing a surge in research and development activities. Academic institutions and research organizations are exploring novel uses, particularly in biomedical applications such as drug delivery and cancer treatment. This trend indicates a growing recognition of the potential benefits of these materials in improving healthcare outcomes. As regulatory frameworks evolve, the market is likely to see increased investment and collaboration among stakeholders, fostering innovation and expanding the scope of applications. Overall, the single walled-carbon-nanotube market appears poised for continued expansion, driven by technological advancements and a diverse range of applications.

Rising Demand in Electronics

The single walled-carbon-nanotube market is witnessing heightened interest from the electronics sector. Their unique electrical properties make them ideal for applications in transistors, sensors, and conductive films. As the demand for smaller, more efficient electronic devices increases, manufacturers are exploring the integration of these nanomaterials to enhance performance and reduce energy consumption.

Advancements in Energy Storage

Innovations in energy storage technologies are significantly impacting the single walled-carbon-nanotube market. These materials are being investigated for use in batteries and supercapacitors, where their high surface area and conductivity can improve energy density and charge/discharge rates. This trend suggests a potential shift towards more efficient energy solutions.

Growth in Biomedical Applications

The single walled-carbon-nanotube market is expanding into the biomedical field, with research focusing on drug delivery systems and imaging techniques. Their biocompatibility and ability to facilitate targeted therapy indicate a promising future for these materials in healthcare, potentially revolutionizing treatment methodologies.

Market Segment Insights

By Method: Chemical Vapor Deposition (Largest) vs. High Pressure Carbon Monoxide (Fastest-Growing)

In the US single walled-carbon-nanotube market, Chemical Vapor Deposition (CVD) holds the largest market share due to its efficiency and scalability, making it a preferred method among manufacturers. Arc Discharge and Laser Ablation also capture notable shares, but they remain secondary options due to higher costs and technical complexities. CVD’s established presence and effective cost-to-performance ratio solidify its dominance within the segment. The growth trends in the segment are largely driven by advancements in CVD technology, which enable the production of high-quality carbon nanotubes with tailored properties. Furthermore, the rising demand for high-performance materials in electronics and energy applications fuels interest in High Pressure Carbon Monoxide (HP-CO). HP-CO is quickly gaining traction and is projected to experience rapid growth because of its potential for more efficient synthesis processes compared to traditional methods.

Arc Discharge (Dominant) vs. Laser Ablation (Emerging)

Arc Discharge is recognized as a dominant method for producing carbon nanotubes, offering a robust and straightforward synthesis process that can yield large quantities. This method is appreciated for its ability to generate multi-walled and single-walled carbon nanotubes, catering to diverse market requirements. In contrast, Laser Ablation is an emerging technology that, while limited in scalability compared to Arc Discharge, is gaining attention for its ability to produce high-purity single-walled carbon nanotubes with fewer defects. As the market evolves, Laser Ablation is expected to find its niche in specialized applications where quality and purity are critical, thereby introducing new dynamics to the competitive landscape.

By End Use Industry: Aerospace & Defense (Largest) vs. Electrical & Electronics (Fastest-Growing)

The market share distribution in the US single walled-carbon-nanotube market reveals that aerospace & defense holds the largest share, driven by the need for lightweight and strong materials in the manufacturing of aircraft and defense systems. Meanwhile, the electrical & electronics segment is rapidly gaining traction, as advancements in consumer electronics and the demand for miniaturized components drive growth in carbon nanotube applications. Growth trends indicate that the aerospace & defense sector will continue to dominate due to ongoing investments and government contracts. Conversely, the electrical & electronics segment is expected to grow the fastest, fueled by innovations in flexible electronics and energy storage solutions. The automotive and energy segments also show promise, but the rapid pace of technological advancements in electronics is likely to surpass other sectors in terms of growth.

Aerospace & Defense (Dominant) vs. Electrical & Electronics (Emerging)

The aerospace & defense segment is characterized by its reliance on high-performance materials that enhance structural strength while minimizing weight, making it indispensable for modern aircraft and military equipment. This segment benefits from ongoing government funding and a focus on advanced technology development. In contrast, the electrical & electronics segment, though emerging, is poised for significant growth due to the increasing integration of carbon nanotubes in consumer electronics, sensors, and energy-efficient devices. This sector's expansion is driven by a surge in demand for high-performance materials that enable faster and more efficient electronic devices, positioning it as a key area of interest for both manufacturers and investors in the US single walled-carbon-nanotube market.

Get more detailed insights about US Single Walled Carbon Nanotube Market

Key Players and Competitive Insights

The single walled-carbon-nanotube market exhibits a dynamic competitive landscape characterized by rapid technological advancements and increasing applications across various sectors, including electronics, materials science, and energy storage. Key players such as Nanoshel (US), Nanotech (US), and Ocsial (RU) are strategically positioned to leverage their innovative capabilities and extensive research and development (R&D) efforts. Nanoshel (US) focuses on enhancing product quality and expanding its portfolio, while Nanotech (US) emphasizes partnerships with academic institutions to drive innovation. Ocsial (RU), on the other hand, is concentrating on scaling production capabilities to meet rising demand, thereby shaping a competitive environment that is increasingly driven by technological prowess and strategic collaborations.

The market structure appears moderately fragmented, with several players vying for market share through localized manufacturing and optimized supply chains. Companies are increasingly localizing their production to reduce lead times and enhance responsiveness to customer needs. This tactic not only improves operational efficiency but also fosters closer relationships with clients, which is crucial in a market where customization and rapid delivery are becoming essential. The collective influence of these key players is significant, as they contribute to a competitive atmosphere that encourages innovation and responsiveness to market demands.

In October 2025, Nanoshel (US) announced a partnership with a leading university to develop next-generation energy storage solutions utilizing single walled-carbon-nanotubes. This collaboration is expected to enhance the performance of batteries, potentially revolutionizing energy storage technologies. The strategic importance of this partnership lies in its potential to position Nanoshel (US) at the forefront of energy innovation, tapping into the growing demand for efficient and sustainable energy solutions.

In September 2025, Nanotech (US) launched a new line of single walled-carbon-nanotube products specifically designed for the electronics sector. This product line aims to improve the conductivity and performance of electronic components. The introduction of these products signifies Nanotech's (US) commitment to innovation and its strategic focus on high-growth sectors, which could lead to increased market share and enhanced competitive positioning.

In August 2025, Ocsial (RU) expanded its production facility in the US to increase output capacity for single walled-carbon-nanotubes. This expansion is crucial as it aligns with the rising demand for advanced materials in various applications. By enhancing its production capabilities, Ocsial (RU) is likely to strengthen its market presence and improve supply chain reliability, which is increasingly vital in today's competitive landscape.

As of November 2025, current trends in the single walled-carbon-nanotube market indicate a strong emphasis on digitalization, sustainability, and the integration of artificial intelligence (AI) in production processes. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in driving innovation and enhancing operational efficiency. Looking ahead, competitive differentiation is expected to evolve, shifting from price-based competition to a focus on technological innovation, supply chain reliability, and sustainability. This transition underscores the importance of adapting to market demands and leveraging advanced technologies to maintain a competitive edge.

Key Companies in the US Single Walled Carbon Nanotube Market market include

Industry Developments

Recent developments in the US Single-Walled Carbon Nanotube Market exhibit significant activity among leading companies such as Unidym, Bayer AG, and Toray Industries, focusing on innovative applications in electronics and materials. In March 2023, XG Sciences announced advancements in producing high-quality carbon nanotubes for use in energy storage, aligning with the growing demand for enhanced battery technologies. Moreover, Nantero and Zyvex Labs reported progress in the integration of single-walled carbon nanotubes in semiconductor technologies, which are anticipated to revolutionize chip manufacturing.

The market has witnessed notable growth, driven by applications spanning from medical devices to composite materials, reflecting a valuation increase of approximately 15% year-over-year by mid-2023. In terms of mergers and acquisitions, Applied Nanotech Holdings successfully acquired Fibrilinks in July 2023, further consolidating their position in the market and expanding their product offerings. Additionally, Eastman Chemical Company continues to explore collaborations with Nanoscale Materials, which might lead to enhanced product development in the next phase of market evolution, emphasizing the upward trajectory of carbon nanotube applications across diverse industries.

Future Outlook

US Single Walled Carbon Nanotube Market Future Outlook

The single walled-carbon-nanotube market is projected to grow at a 4.4% CAGR from 2024 to 2035, driven by advancements in nanotechnology and increasing demand in electronics.

New opportunities lie in:

  • Development of high-performance composite materials for aerospace applications.
  • Expansion into energy storage solutions, particularly in batteries.
  • Integration of single walled-carbon-nanotubes in advanced medical devices for enhanced performance.

By 2035, the market is expected to achieve substantial growth, reflecting its critical role in various industries.

Market Segmentation

US Single Walled Carbon Nanotube Market Method Outlook

  • arc discharge
  • laser ablation
  • chemical vapor deposition
  • high pressure carbon monoxide

US Single Walled Carbon Nanotube Market End Use Industry Outlook

  • aerospace & defense
  • electrical & electronics
  • automotive
  • energy
  • sports
  • others

Report Scope

MARKET SIZE 2024224.64(USD Million)
MARKET SIZE 2025234.52(USD Million)
MARKET SIZE 2035360.74(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.4% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies Profiled["Nanoshel (US)", "Nanotech (US)", "Cheap Tubes (US)", "Ocsial (RU)", "Carbon Solutions (US)", "Mitsubishi Chemical (JP)", "Bayer MaterialScience (DE)", "Haydale Graphene Industries (GB)"]
Segments CoveredMethod, End Use Industry
Key Market OpportunitiesAdvancements in electronics and energy storage drive demand for innovative applications of single walled-carbon-nanotubes.
Key Market DynamicsRising demand for advanced materials drives innovation and competition in the single walled-carbon-nanotube market.
Countries CoveredUS

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FAQs

What is the expected market size of the US Single-Walled Carbon Nanotube Market in 2024?

The US Single-Walled Carbon Nanotube Market is expected to be valued at 175.5 million USD in 2024.

What is the projected market value for the US Single-Walled Carbon Nanotube Market by 2035?

By 2035, the US Single-Walled Carbon Nanotube Market is projected to reach a value of 15452.98 million USD.

What is the Compound Annual Growth Rate (CAGR) for the US Single-Walled Carbon Nanotube Market from 2025 to 2035?

The CAGR for the US Single-Walled Carbon Nanotube Market from 2025 to 2035 is expected to be 50.243%.

Which method is expected to dominate the US Single-Walled Carbon Nanotube Market in terms of revenue in 2035?

Chemical Vapor Deposition is expected to dominate the market in 2035 with an estimated value of 6127.45 million USD.

What is the market size for the Arc Discharge method in 2024?

The Arc Discharge method is valued at 35.0 million USD in 2024.

Who are the key players in the US Single-Walled Carbon Nanotube Market?

Key players include Unidym, Bayer AG, Ossila, XG Sciences, and Toray Industries among others.

What are the applications driving growth in the US Single-Walled Carbon Nanotube Market?

The applications include electronics, energy storage, and nanocomposites which are driving market growth.

What is the market size for High Pressure Carbon Monoxide method in 2035?

The High Pressure Carbon Monoxide method is projected to reach 4007.49 million USD in 2035.

What challenges might the US Single-Walled Carbon Nanotube Market face in the future?

Challenges may include production costs, regulatory hurdles, and competition from alternative materials.

What is the expected market growth for the Laser Ablation method by 2035?

The Laser Ablation method is anticipated to grow to a market size of 2272.81 million USD by 2035.

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