Carbon Nanotubes Market size was valued at around USD1.3 billion in 2024 and is expected to reach USD2.98 billion in 2030. Along with this, the market is estimated to grow at a CAGR of around 15% during the forecast period, i.e., 2025-30. The main factors contributing to the growth of the market include the rising demand for renewable power-generating machinery, including Photovoltaic cells such as solar panels, fuel cells, etc., and the greener electronic products, including photodiodes, semiconductors, and others.