Carbon nanotubes have been present in the technological world for over a decade and have suffered a depression in commercial market in the recent past. But their variable characteristics have managed to pull them back into the game. Carbon nanotubes (CNT), lightweight materials with graphene as their base, are in the form of roughage like tubes which can be manipulated chemically and physically to suit the purpose of the industry. Carbon nanotubes have been widely used in conductive plastics and batteries and their application has a much wider variety across different industries, such as material science, electronics, chemical processing, and energy management among others.
Carbon Nanotubes (CNTs) are effectively revolutionizing the material science industry. One of the most important trends being followed by companies in the CNT market is that of applying tactics and strategies to lower the prices of CNTs. While the price of Multi-Walled Carbon Nanotubes (MWCNTs) has been moderate, the price of Single Walled Carbon Nanotubes (SWCNTs) is exceptionally high in the current market scenario. The CNTs are becoming a talking point due to their inherently dynamic physical properties like light weight, efficient thermal, electrical properties and resistance to chemicals.