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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 Summary

As per analysis, the US single walled carbon nanotube market is projected to grow from USD 210.6 Million in 2024 to USD 338.19 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 market for single walled carbon nanotubes, fueled by their unique electrical properties.
  • Energy storage applications are emerging as the fastest-growing segment, reflecting a shift towards more efficient energy solutions.
  • The aerospace sector continues to be a significant driver of demand, leveraging the lightweight and strong characteristics of carbon nanotubes.
  • Key market drivers include increased investment in nanotechnology research and rising demand in renewable energy technologies.

Market Size & Forecast

2024 Market Size 210.6 (USD Million)
2035 Market Size 338.19 (USD Million)
CAGR (2025 - 2035) 4.4%

Major Players

Nanosys Inc (US), Carbon Solutions Inc (US), Applied Nanotech Holdings Inc (US), Nanotech Industrial Solutions Inc (US), Chasm Advanced Materials Inc (US), Cnano Technology Limited (US), Eikos Inc (US), Hyperion Catalysis International Inc (US)

US Single Walled Carbon Nanotube Market Trends

The US single walled carbon nanotube market is currently experiencing a notable evolution, driven by advancements in nanotechnology and increasing applications across various sectors. Industries such as electronics, energy storage, and materials science are increasingly recognizing the unique properties of single walled carbon nanotubes, which include exceptional strength, electrical conductivity, and thermal stability. This growing awareness is likely to foster innovation and development, as companies seek to integrate these materials into their products. Furthermore, the regulatory environment in the United States appears to be supportive of research and development initiatives, which may further enhance the market's growth potential. In addition, the demand for sustainable and efficient materials is becoming more pronounced, prompting manufacturers to explore the benefits of single walled carbon nanotubes. The potential for these materials to contribute to lightweight, high-performance applications aligns well with the current trends in sustainability and energy efficiency. As the US single walled carbon nanotube market continues to mature, it seems poised for expansion, with ongoing research and collaboration among academic institutions, government agencies, and private enterprises likely to play a crucial role in shaping its future.

Rising Demand in Electronics

The US single walled carbon nanotube market is witnessing an increase in demand from the electronics sector. These materials are being utilized in the development of advanced electronic components, such as transistors and sensors, due to their superior electrical properties. As technology continues to advance, the integration of single walled carbon nanotubes into electronic devices is expected to enhance performance and efficiency.

Advancements in Energy Storage Solutions

There is a growing interest in the application of single walled carbon nanotubes in energy storage systems within the US. Their unique characteristics may improve the performance of batteries and supercapacitors, leading to longer life cycles and faster charging times. This trend aligns with the broader push for more efficient energy solutions, particularly in renewable energy technologies.

Focus on Sustainable Materials

The US single walled carbon nanotube market is increasingly aligned with sustainability initiatives. Manufacturers are exploring the use of these materials to create lightweight and durable products that reduce environmental impact. This focus on sustainability is likely to drive innovation and attract investment, as companies seek to meet consumer demand for eco-friendly alternatives.

Market Segment Insights

By Application: Electronics (Largest) vs. Energy Storage (Fastest-Growing)

In the US single walled carbon nanotube market, the 'Application' segment shows varied distribution among its values. The Electronics sector currently holds the largest share, driven by demand for high-performance materials in advanced devices such as smartphones and wearable technology. Following closely, other applications such as Energy Storage showcase burgeoning interest as industries strive for efficient and lightweight storage solutions that carbon nanotubes can provide. Growth trends in the Application segment are significantly influenced by technological advancements and market demands. The Electronics sector is benefitting from innovations in consumer gadgets, while the Energy Storage sector is propelled by the increasing need for sustainable energy solutions in electric vehicles and renewable energy systems. This trend indicates a dynamic shift towards high-performance materials across multiple applications, further solidifying their respective market positions.

Composite Materials (Dominant) vs. Biomedical (Emerging)

The Composite Materials application has established itself as a dominant player in the US single walled carbon nanotube market, primarily due to its exceptional strength-to-weight ratio, making it a preferred choice in automotive and aerospace industries. High-performance composites are increasingly being utilized to enhance product durability and overall efficiency. On the other hand, the Biomedical sector represents an emerging application, leveraging carbon nanotubes for innovations in cancer treatment, drug delivery systems, and biocompatible devices. Although still developing, biomedical applications are gaining traction as researchers uncover the potential of carbon nanotubes in enhancing medical technologies. As both sectors evolve, they highlight the versatility of carbon nanotubes in addressing diverse application needs.

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

The US single walled carbon nanotube market is significantly shaped by various end-use industries, with Aerospace leading the market share. The Aerospace sector capitalizes on the unique properties of single-walled carbon nanotubes, primarily for their lightweight and strength attributes, appealing for aircraft and spacecraft components. Following closely are sectors like Electronics and Automotive, which are also substantial contributors to market growth, showcasing the versatile applications of carbon nanotubes in batteries, sensors, and other electronic components. In terms of growth trends, the Electronics industry is becoming the fastest-growing segment as technological advancements propel its demand. Innovations in consumer electronics, coupled with the rising need for lightweight yet durable materials, are key factors driving this acceleration. As industries aim to enhance performance and efficiency, the ability of single-walled carbon nanotubes to improve conductivity and thermal management is further accelerating their adoption, laying a foundation for substantial future growth.

Aerospace: Aviation (Dominant) vs. Healthcare (Emerging)

The Aerospace industry remains a dominant force in the US single walled carbon nanotube market, primarily due to the sector's ongoing demand for advanced materials. Single-walled carbon nanotubes are integrated into various aerospace applications, such as structural components, thermal protection systems, and lightweight materials, providing significant advantages in terms of performance and fuel efficiency. In contrast, the Healthcare industry represents an emerging opportunity, leveraging the unique properties of carbon nanotubes for drug delivery systems and advanced biomaterials. As research continues to reveal innovative applications in medical devices and pharmaceuticals, the Healthcare sector is positioned for rapid growth, albeit currently at a smaller scale than Aerospace. This juxtaposition highlights the established strengths of Aerospace against the budding potential of Healthcare within the carbon nanotube market.

By Form: Film (Largest) vs. Powder (Fastest-Growing)

In the US single walled carbon nanotube market, the segment distribution shows that Film leads as the largest segment, dominating market share. Following closely are the Powder and Dispersion segments, which indicate significant interest but lag behind in overall revenue contribution. The Sheet and Fiber segments hold smaller shares, suggesting a more niche application of these formats in various industries.

Film (Dominant) vs. Powder (Emerging)

The Film segment is firmly established in the market, used in a variety of applications including electronics, energy storage, and composites due to its unique properties like high electrical conductivity and mechanical strength. On the other hand, the Powder segment is emerging rapidly, driven by its versatility in various industries. Powder form allows for ease of integration into composite materials and serves as a critical component in advanced materials development. This dynamic has solidified the Powder segment's position as a fast-growing alternative.

By Production Method: Chemical Vapor Deposition (Largest) vs. Laser Ablation (Fastest-Growing)

The 'Production Method' segment of the US single walled carbon nanotube market is predominantly characterized by Chemical Vapor Deposition (CVD), which holds the largest share due to its high efficiency and ability to produce high-quality nanotubes at scale. Following CVD, Laser Ablation is gaining traction as a fast-growing production method, especially in niche applications, due to its ability to create higher purity materials. Arc Discharge and Electrochemical Synthesis hold smaller portions of the market but are critical in specific research and industrial sectors. In recent years, the demand for single walled carbon nanotubes has been driven by advancements in nanotechnology and increased applications across various industries, including electronics and materials science. CVD is likely to maintain a significant share due to its established processes and broad applicability. However, Laser Ablation's growth is stimulated by its unique advantages in producing customized nanotubes, catering to emerging applications in the technology-driven markets of the US.

Chemical Vapor Deposition (Dominant) vs. Laser Ablation (Emerging)

Chemical Vapor Deposition (CVD) stands out as the dominant production method for single walled carbon nanotubes in the US market thanks to its established processes and efficiency in generating large quantities of high-quality materials. CVD's scalability and adaptability make it the preferred choice for manufacturers looking to produce competitive products in various applications. In contrast, Laser Ablation is an emerging technique that is witnessing rapid growth due to its ability to produce higher purity nanotubes with specific characteristics that meet the needs of specialized industries. The unique approach of Laser Ablation enables researchers and manufacturers to explore novel applications, particularly in electronics and advanced materials, making it a promising segment in the evolving nanotube market.

By Purity Level: High Purity (Largest) vs. Medium Purity (Fastest-Growing)

In the US single walled carbon nanotube market, the purity level segment showcases a diverse distribution with high purity dominating the landscape. High purity materials are preferred across various applications due to their superior performance and reliability, making up the largest share of the market. Medium purity products, while having a smaller share, are gaining ground rapidly, driven by demand from developing applications where extreme purity is not critical.

High Purity (Dominant) vs. Medium Purity (Emerging)

High purity single walled carbon nanotubes are recognized for their exceptional electrical, thermal, and mechanical properties, making them the preferred choice for advanced applications in electronics, energy storage, and nanotechnology. This dominance is largely due to their unmatched quality and reliability. On the other hand, medium purity carbon nanotubes are becoming increasingly popular due to their cost-effectiveness and versatility in various applications such as composites and coatings. As industries seek to balance performance and cost, medium purity is on the rise, marking it as an emerging segment within the 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, energy, and materials science. Key players such as Nanosys Inc (US), Carbon Solutions Inc (US), and Chasm Advanced Materials Inc (US) are strategically positioning themselves through innovation and partnerships. Nanosys Inc (US) focuses on enhancing its product offerings in display technologies, while Carbon Solutions Inc (US) emphasizes sustainable production methods, thereby appealing to environmentally conscious consumers. Chasm Advanced Materials Inc (US) is leveraging its expertise in advanced materials to penetrate new markets, collectively shaping a competitive environment that prioritizes innovation and sustainability.

The market structure appears moderately fragmented, with several players vying for market share through localized manufacturing and optimized supply chains. This fragmentation allows for diverse offerings, yet the influence of major companies remains significant. The collective strategies of these key players indicate a trend towards collaboration and resource sharing, which may enhance operational efficiencies and drive down costs.

In November 2025, Nanosys Inc (US) announced a partnership with a leading semiconductor manufacturer to develop next-generation display technologies utilizing single walled carbon nanotubes. This collaboration is poised to enhance the performance of electronic devices, potentially positioning Nanosys as a leader in the high-performance display market. The strategic importance of this partnership lies in its ability to leverage cutting-edge technology, thereby reinforcing Nanosys's competitive edge.

In October 2025, Carbon Solutions Inc (US) unveiled a new production facility aimed at increasing the output of eco-friendly carbon nanotubes. This facility is expected to reduce production costs by 20%, which could significantly enhance the company's market position. The strategic move underscores Carbon Solutions's commitment to sustainability, aligning with global trends towards greener manufacturing processes.

In September 2025, Chasm Advanced Materials Inc (US) secured a multi-million dollar contract with a major automotive manufacturer to supply single walled carbon nanotubes for lightweight composite materials. This contract not only signifies a substantial revenue stream but also highlights the growing demand for advanced materials in the automotive sector. The strategic importance of this contract lies in its potential to establish Chasm as a key supplier in a rapidly evolving market.

As of December 2025, the competitive trends in the single walled carbon nanotube market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in enhancing innovation and market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological advancements, supply chain reliability, and sustainable practices, indicating a transformative shift in how companies position themselves in the market.

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 US 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 and supercapacitors.
  • Collaboration with automotive manufacturers for lightweight structural components.

By 2035, the market is expected to solidify its position as a leader in advanced materials.

Market Segmentation

US Single Walled Carbon Nanotube Market Form Outlook

  • Powder
  • Dispersion
  • Film
  • Fiber
  • Sheet

US Single Walled Carbon Nanotube Market Application Outlook

  • Electronics
  • Energy Storage
  • Composite Materials
  • Biomedical
  • Environmental

US Single Walled Carbon Nanotube Market Purity Level Outlook

  • High Purity
  • Medium Purity
  • Low Purity

US Single Walled Carbon Nanotube Market End Use Industry Outlook

  • Aerospace
  • Automotive
  • Electronics
  • Healthcare
  • Energy

US Single Walled Carbon Nanotube Market Production Method Outlook

  • Chemical Vapor Deposition
  • Laser Ablation
  • Arc Discharge
  • Electrochemical Synthesis
  • High-Temperature Pyrolysis

Report Scope

MARKET SIZE 2024210.6(USD Million)
MARKET SIZE 2025219.87(USD Million)
MARKET SIZE 2035338.19(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 ProfiledNanosys Inc (US), Carbon Solutions Inc (US), Applied Nanotech Holdings Inc (US), Nanotech Industrial Solutions Inc (US), Chasm Advanced Materials Inc (US), Cnano Technology Limited (US), Eikos Inc (US), Hyperion Catalysis International Inc (US)
Segments CoveredApplication, End Use Industry, Form, Production Method, Purity Level
Key Market OpportunitiesGrowing demand for advanced materials in electronics and energy storage drives US single walled carbon nanotube market opportunities.
Key Market DynamicsRising demand for advanced materials drives innovation and competition in the US 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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