The moment of significant commercial growth for CNTs and CNT based products is just approaching. Through expansions, partnerships, acquisitions, and greater market adoption there are clear indicators that now is the time for true market success to be realized. Manufacturing the CNTs is the first step. The challenge and the market potential lays beneath the know-how of Matteriall that how the CNTs can be purified, functionalized and be manufactured as macro-scaled fibers/yarns/films. 

The global market for CNTs is set to grow from $6.3 billion in 2024 to $18.67 billion by 2032, driven by increased demand across several sectors including aerospace, automotive, electronics, and energy storage. This represents a Compound Annual Growth Rate (CAGR) of 13.3%, reflecting the growing importance of advanced materials in these industries. CNTs are particularly attractive due to their unique electrical, mechanical, and thermal properties, which outperform traditional materials like steel, aluminum, and copper.

Europe, particularly countries like Germany and France, plays a crucial role in the CNT market due to a strong automotive sector, advanced materials research, and extensive R&D investments. This region accounted for a significant market share in 2024 and is expected to continue growing. Moreover, European companies are targeting high-value applications such as aerospace and clean energy.

1. Technological Advancements in Electronics and Aerospace: The integration of CNTs in electronic devices, such as semiconductors and transistors, allows for miniaturization and improved performance. CNTs provide superior electrical conductivity and durability, which is critical in producing more efficient and lightweight components for aerospace and automotive applications.

2. Sustainability and Clean Energy Initiatives: CNTs play a pivotal role in the development of advanced batteries and supercapacitors due to their ability to store and transfer energy efficiently. This has led to increased adoption in clean energy technologies, such as electric vehicles (EVs) and renewable energy systems, further boosting demand.

3. Global Expansion and Investment in R&D: Asia-Pacific dominates the global CNT market, accounting for nearly 48.5% of revenue in 2023, with significant production capabilities in countries like China and South Korea. European and North American markets are also seeing accelerated growth due to increased investments in CNT-related research and development.

The global CNT market's strong growth trajectory offers a highly favorable environment for Matteriall. With increasing demand across key sectors and the potential for further innovation in manufacturing, the company is well-positioned to attract significant investment. By leveraging its CNT based product manufacturing process, Matteriall can tap into lucrative applications in space, aerospace, healthcare, electronics, automotive and clean energy, ensuring a promising future in this expanding market as well as with its plant-based CNT manufacturing reactor to be integrated.

The space and aerospace industries, in particular, represent a major growth opportunity for Matteriall and the broader CNT market. With increasing interest from global leaders and growing demand for lightweight, high-performance materials, CNTs are set to become a cornerstone of future innovations. Matteriall’s unique position within the ESA program, its partnerships with key space and aerospace stakeholders, and its scalable production technology make it an attractive venture for investors seeking to capitalize on the booming CNT market.