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Carbon Nanotubes

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Report Description<br />

<strong>Carbon</strong> nanotubes (CNT) are nano-sized tubes made up of carbon atoms. Their properties<br />

depend on how carbon atoms are aligned to each other in a sheet. It is gaining<br />

prominence in various industry verticals primarily due to its varied applications as well as<br />

its durability. It is 100X times stronger and 6 X times lighter when compared to steel.<br />

Research is underway to explore its market potential in the auto mobile and electronics<br />

industries. It is a multi-billion dollar investment in technology when compared to other<br />

synthesized nanomaterial.<br />

Owing to its attractive features, it is penetrating various end use markets. The growing<br />

demand for nanotechnology is set to cater to the growing demands of energy,<br />

healthcare, environment, aerospace and electronics sector. Analysis of the growing<br />

market of carbon nanotubes (CNT), there has been a tremendous rise in CNT patents<br />

over the last 5 years.In the healthcare domain, it plays an important role in body<br />

implants, medical devices, and dental filling materials. Researchers have developed<br />

sensors using carbon nanotubes, which can be injected into the blood to know the<br />

concentration level of nitric oxide. It has potential in assessing critical illnesseslike oral<br />

cancer. In oil and energy sectors, it can play an important role in cleaning of oil spills.<br />

Besides the oil sector, it finds its usefulness in water purification plants. Compared to<br />

other alternatives, it is a cost-effective and reliable platform.<br />

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