The multi-walled carbon nanotube (MWNT) landscape is transforming, with leaders and new entrants performing massive scale-up. Global production capacity will increase by over four times by the end of 2011 compared to 2008 levels, and suppliers expect prices to drop to $50/kg as a result. With improved economics, continued technological development, and global warming heating up demand for fuel-efficient cars and renewable energy, demand for MWNTs will grow from 158 tons in 2009 to 4,138 tons in 2020, expanding the market for MWNTs and its nanointermediates from $75 million to $513 million – though growth will not come easily.
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