North America Carbon Nanotubes Market 2025: Industry Developments, Future Growth, Share & Industry Insights | Nanoshel LLC, NanoLab Inc, Kumho Petrochemical Co Ltd, Klean Industries Inc, LG Chem Ltd

North America Carbon Nanotubes Market is expected to grow at a CAGR of 16.9% during the forecast period 2024-2031

According to DataM Intelligence Comprehensive Report has released its latest report on the "North America Carbon Nanotubes Market Size 2025," providing a detailed analysis of market trends, key growth drivers, competitive landscape, and regional insights. The report includes market size (value and volume), CAGR projections, and emerging opportunities that help businesses identify growth areas and build effective strategies. Backed by data-driven insights and future outlook, this study serves as a valuable resource for companies looking to stay competitive and capitalize on market potential.

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Industry Latest News 2025:

✅ 2025‐07 (July 2025) - NanoIntegris Technologies launched a high‐purity carbon nanotube product line for electronics (semiconductors & next‐gen displays) in the U.S.

✅ 2025‐06 (June 2025) - Applied Materials committed US$200 million investment into CNT‐based interconnect R&D in the U.S.

✅ 2025‐05‐30 - A press release noted that the global CNT materials market (including North America) is expected to reach US$11.7 billion by 2034, highlighting North America as a leading region owing to strong R&D, high‐tech industry presence and adoption in batteries, defense, electronics.

✅ 2025‐02‐26 - Report quoted indicating the North America CNT market is projected to grow at a CAGR of ~16.9% for 2024‐2031.

✅ 2025‐09‐29 (USA) - Birla Carbon announced it will showcase its latest "NanocylTM CNT portfolio" (multi‐wall carbon nanotubes for ultra‐fast charging battery applications) in North America, noting that their CNTs are manufactured at commercial scale in the US.

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Market Growth Drivers:

Demand for Lightweight, High‐Performance Materials

In North America, industries such as aerospace, automotive and advanced manufacturing are increasingly seeking materials that deliver superior strength‐to‐weight ratios, enhanced electrical/thermal conductivity and durability. Carbon nanotubes are ideal in this regard, being incorporated into composites and polymer systems that help reduce structural weight while improving performance. This trend is particularly strong in the U.S., where stringent fuel‐efficiency and emissions standards push manufacturers toward lighter, stronger materials.

Rise of Energy Storage and Electrification Applications

The growth of electric vehicles (EVs), grid‐scale energy storage systems and renewables in North America is creating strong demand for conductive, high‐performance materials. CNTs are being used as conductive additives, electrode materials (in lithium‐ion batteries and supercapacitors) and in other energy‐related applications, thanks to their excellent conductivity and surface area. As battery manufacturing expands and EV adoption accelerates, this becomes a significant growth lever for the CNT market.

Strong Research & Development Ecosystem

North America has a well‐established ecosystem of universities, government labs and private research institutions working on nanomaterials and advanced manufacturing. This R&D infrastructure supports the development of new CNT synthesis methods, improved purity and scalability, and novel end‐use applications (for example in electronics, medical devices, functional coatings). These innovations are lowering technical barriers and helping commercialisation of CNT‐based solutions.

Government and Institutional Support

The region benefits from governmental funding, regulatory frameworks and institutional initiatives that support advanced materials and nanotechnology development. Such support helps drive commercial adoption of CNTs by reducing risk, supporting scale‐up and promoting innovation. Use in strategic sectors like aerospace, defence and energy further enhances this effect.

Growth in Electronics, Semiconductors and Advanced Manufacturing

The increasing complexity of electronics and semiconductor devices - e.g., higher performance, smaller form factors, better thermal management - is pushing demand for advanced materials like CNTs. North America's advanced manufacturing sector is turning to CNTs for applications such as conductive films, sensors, thermal interface materials and next‐generation devices.

Segments Covered in the Beverage Premix Market:

By Type (Single, Multi Walled)

Method (Chemical Vapor Deposition, Catalytic Chemical Vapor Deposition, High-Pressure Carbon Monoxide)

By Application (Electronics, Chemical, Batteries, Energy, Medical)

By Country (USA, Canada, Mexico)

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Major Key Players: Nanoshel LLC, NanoLab Inc, Kumho Petrochemical Co Ltd, Klean Industries Inc, LG Chem Ltd, Raymore Industries Inc, Nanocyl SA, Arkema SA, Tokyo Chemical Industries Co Ltd, Cobot Corp.

✅ Nanoshel LLC - Active supplier of CNT powders and CNT masterbatches (MWCNT/SWCNT masterbatch products used in composites and polymers); publicly available sources describe product lines rather than a published North-America market share.

✅ NanoLab Inc - Established U.S.-based producer of research-grade single-, double- and multi-walled CNTs and CNT inks/suspensions, focused on materials and product development; no definitive company market-share number disclosed in public literature.

✅ Kumho Petrochemical Co., Ltd. - Global chemical player offering CNT-reinforced materials for high-performance composites (automotive/industrial applications); cited as a named vendor in market reports but specific North America revenue share is not publicly broken out.

✅ Klean Industries / Klean Commodities - Listed among CNT market participants in industry reports with emphasis on sustainable/clean-production positioning; the firm appears as a named supplier rather than a disclosed market-share holder in North America.

✅ LG Chem Ltd. - Large chemical and materials conglomerate with CNT activities (materials for electronics, energy and composites); due to LG Chem's diversified portfolio, CNTs are part of broader materials revenue rather than a separately reported North-America market share.

✅ Raymor Industries Inc. - Identified in market reports as a manufacturer/supplier of CNTs and CNT-based products (conductive coatings, advanced composites); like other private/specialist vendors, public reports name Raymor but do not provide precise North America market-share figures.

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