South America Carbon Nanotubes Market Size, Share, and COVID-19 Impact Analysis, By Type (Single-Walled Carbon Nanotubes and Multi-Walled Carbon Nanotubes), By Form (Powder, Master Batch and Others), By Application (Medical, Chemical Materials, Polymers, Structural Composites, Energy & Storage, Electronics & Semiconductors, and Others), and South America Carbon Nanotubes Market Insights, Industry Trends, Forecast to 2035.

South America Carbon Nanotubes Market Insights Forecasts to 2035

• The South America Carbon Nanotubes Market Size Was Estimated at USD 561.3 million in 2024
• The Market Size is Expected to Grow at a CAGR of Around 12.72% from 2025 to 2035
• The South America Carbon Nanotubes Market Size is Expected to Reach USD 2094.6 million by 2035

According to a research report published by Spherical Insights & Consulting, The South America Carbon Nanotubes Market Size is anticipated to reach USD 2094.6 Million by 2035, Growing at a CAGR of 12.72% from 2025 to 2035. The market is driven by the growing demand for lightweight substitutes of metal with superior thermal, electrochemical, and mechanical characteristics, which has resulted in rising research related to composites and composite materials.

Market Overview

The South America carbon nanotubes (CNT) market shows growth because industries require better materials for their electronic products, energy storage systems and structural composite materials. Brazil holds the position of market leader in this region. Carbon nanotubes are cylindrical nanostructures that form from rolled-up sheets of single-layer carbon atoms.

OCSiAl launched a graphene nanotube concentrate for premium thermoplastic automotive components in 2022. The single-wall carbon and graphene nanotube producer OCSiAl introduced TUBALL MATRIX 822, a user-friendly graphene nanotube concentrate, which enables injection molding of PA, filled PPS, ABS, TPU and PC compounds.

Scientists at Federal University of Minas Gerais in Brazil constructed a supercapacitor that achieves high efficiency through the use of carbon nanotubes to create energy storage systems suitable for electric vehicles and renewable energy applications. The Latin American Nanotechnology Society Network, with the Brazilian National Nanotechnology Initiative are working to advance nanotechnology development and commercialization throughout the Latin American region.

Report Coverage

This research report categorises the South America carbon nanotubes market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South America carbon nanotubes market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South America carbon nanotubes market.

Driving Factors

The carbon nanotubes market in South America is driven by the aerospace and automotive industries are starting to replace their metal parts with CNT-based composite materials. The electric vehicle sector is experiencing a rise in CNT applications for lithium-ion batteries and supercapacitors because these materials improve energy storage capacity and charging performance and extend battery lifespan. The Brazilian government provides financial support for extensive research and development activities which enable multiple industrial fields to use nanotechnology through their research efforts.

Restraining Factors

The carbon nanotubes market in South America is restrained by the lack of critical infrastructure, and limited funding for research and development creates obstacles that stop local businesses from turning their lab research into commercial manufacturing. The absence of universally accepted standards for CNT purity, length and diameter results in inconsistent performance predictions.

Market Segmentation

The South America carbon nanotubes market share is categorised into type, form, and application.

• The multi-walled carbon nanotubes segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The South America carbon nanotubes market is segmented by type into single-walled carbon nanotubes and multi-walled carbon nanotubes. Among these, the multi-walled carbon nanotubes segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by its material shows better mechanical strength, electrical conductivity and superior thermal properties. The enhanced performance characteristics of MWCNTs make them suitable for multiple applications in electronics, energy storage and composite materials.

• The powder segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.  

Based on form, the South America carbon nanotubes market is segmented into powder, master batch and others. Among these, the powder segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is driven by the powder form enables manufacturers to integrate powder materials into their existing processes which they use to produce structural composites and polymers that represent the main product segments in South America.

• The polymers segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The South America carbon nanotubes market is segmented by application into medical, chemical materials, polymers, structural composites, energy & storage, electronics & semiconductors, and others. Among these, the polymers segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by Industries including automotive, electronics and aerospace sectors require high-performance materials. Carbon nanotubes create advanced materials through their ability to improve the mechanical, thermal and electrical properties of polymers. The lightweight yet strong properties of the material enhance both the durability and operational efficiency of products that use polymer-based materials.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South America carbon nanotubes market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies                                                                                                          

• Nanox Tecnologia
• CTNano
• CDTN
• Y-TEC
• CONICET
• Nanotec Chile
• Cedenna
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the South America, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South America carbon nanotubes market based on the below-mentioned segments:

South America Carbon Nanotubes Market, By Type

• Single-Walled Carbon Nanotubes
• Multi-Walled Carbon Nanotubes

South America Carbon Nanotubes Market, By Form

• Powder
• Master Batch
• Others

South America Carbon Nanotubes Market, By Application

• Medical
• Chemical Materials
• Polymers
• Structural Composites
• Energy & Storage
• Electronics & Semiconductors
• Others