The value of the global carbon nanotubes market was an estimated $104m (€76.1m) in 2009, and is expected to increase to $167m (€122.2m) by the end of 2010, according to BCC Research. The US group is forecasting a compound annual growth rate of 58.9% for the market, which would make it worth nearly $1.1bn (€0.8bn) in 2015.
The market for multi-walled carbon nanotubes, used in polymers, accounts for nearly all of the market, and is expected to reach $161m (€117.9m) in 2010. By 2015, this figure will have risen to $866m (€633.8m), BCC believes.
But the single-walled market is expected to take off in the same period, rising from $250,000 (€182,965) in 2010 to $125m (€91.5m) in 2015. The few-walled segment is valued at an estimated $6m (€4.4m) in 2010, and will reach nearly $63m (€46.1m) in 2015.
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