Press release
North America Carbon Nanotubes Market 2031 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities
North America Carbon Nanotubes Market
According to DataM Intelligence, the North America carbon nanotubes market is estimated to grow at CAGR of 16.9% during the Forecast Period.
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Key Development:
North America: Recent Carbon Nanotubes Industry Developments
✅ In December 2025, a collaboration including Stanford, Carnegie Mellon, University of Pennsylvania, MIT and SkyWater Technology announced the first monolithic 3D integrated circuit manufactured in a U.S. commercial foundry that integrates carbon nanotube transistors with resistive RAM atop CMOS logic, marking a key commercialization milestone for CNT‐enabled nanoelectronics.
✅ In November 2025, Birla Carbon announced showcasing its latest commercial multi‐walled carbon nanotube (CNT) portfolio optimized for ultra‐fast‐charging battery applications at a major North America technology showcase, highlighting scaled‐up CNT manufacturing and advanced materials supply domestically.
✅ In October 2025, North America's carbon nanotubes ecosystem saw increased industry engagement and R&D investment signals, with leading materials and tech firms publicly aligning strategic development activities in CNTs for electronics, energy storage and composites across U.S. and Canadian facilities.
✅ In September 2025, NanoIntegris Technologies expanded its high‐purity carbon nanotube product line in the U.S. market aimed at next‐generation electronics, semiconductors and advanced display applications, reinforcing local material innovation and supply chain capacity.
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 among others.
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Key Segments:
By Type
Single-walled carbon nanotubes (SWCNTs) lead with 55% share, driven by superior electrical conductivity, mechanical strength, and wide adoption in electronics, energy storage, and medical applications. Multi-walled carbon nanotubes (MWCNTs) account for 45%, supported by cost-effectiveness, thermal stability, and use in chemical, battery, and composite applications.
By Method
Chemical Vapor Deposition (CVD) dominates with 40% share, fueled by high-quality nanotube production, scalability, and integration in electronics and energy applications. Catalytic Chemical Vapor Deposition (CCVD) holds 35%, supported by enhanced yield, purity control, and cost efficiency for industrial-scale production. High-Pressure Carbon Monoxide (HiPco) accounts for 25%, driven by specialized applications requiring high-purity nanotubes for advanced research, medical devices, and battery innovations.
By Application
Electronics lead with 30% share, driven by adoption in semiconductors, flexible electronics, and sensors. Chemical applications account for 20%, supported by catalysis, composites, and functional material integration. Batteries hold 18%, fueled by energy storage demand and enhanced performance of lithium-ion and next-gen batteries. Energy applications represent 17%, including fuel cells, supercapacitors, and conductive materials. Medical applications account for 15%, supported by drug delivery, biomedical devices, and diagnostics.
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By Country
USA - 50% Share
The USA leads with 50%, driven by advanced R&D in nanomaterials, electronics manufacturing, and strong industrial adoption of carbon nanotubes in high-tech applications.
Canada - 30% Share
Canada holds 30%, supported by research initiatives, emerging industrial applications, and investment in battery and energy storage sectors.
Mexico - 20% Share
Mexico accounts for 20%, fueled by increasing manufacturing adoption, export opportunities, and growing interest in energy and chemical applications of carbon nanotubes.
FAQ
Q: What is the growth rate of the North America carbon nanotubes Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 16.9% during the forecast period from 2024 to 2031.
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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