Carbon #nanotube (CNT) #market size reached USD 876.8 Million in 2021 and is expected to reach USD 3,027.4 Million in 2030. Increasing application of #CNT in electric vehicles is a major factor driving industry demand.
The global #market of #nanotechnology-enabled #products stood at approximately US$1.6 trillion in 2014. In one estimate, the industry could generate 6 million jobs and account for 10% of global #GDP by 2030.
The global #market for nanotechnology in #drug_delivery is projected to reach US$138.8 Billion by 2026, growing at a CAGR of 19.4% over the analysis period. #Nanocrystals, one of the segments analyzed in the report, is projected to reach US$83.1 Billion (60 % of the market) by 2026.
The global nanotechnology #market is expected to reach USD 24.56 billion by 2025, from USD 7.24 billion in 2017 growing at a compound annual growth rate (CAGR) of 16.5% during the forecast period of 2018 to 2025.
Nanotechnology in #medical_devices#market is expected to reach a market value of USD 20.52 billion by 2027 growing with the compound annual growth rate (CAGR) of 11.9% in the forecast period of 2020-2027.
Rapid expansion of the #electronics and #IT sector together with the increasing demand in the #health sector will positively influence the #silver_nanoparticles#market. South Korea and China are expected to acquire the largest shares of revenue in this industry.