Global Multi-Walled Carbon Nanotubes (MWCNTs) Market Report 2021-2031 May 25, 2021 08:08 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.com's offering. There has been a resurgence of industrial interest in multi-walled carbon nanotubes (MWCNT) over the last two years, after producers had previously reduced or abandoned production. LG Chem has recently launched the world's largest MWCNT manufacturing plant in Korea (1,700 tons total). At the end of 2020, Carbice Corporation raised $15 million to develop CNTs for thermal management in electronics. Cabot Corporation acquired Shenzhen Sanshun Nano New Materials Co., Ltd (SUSN) for approximately $115 million. MWCNTs are mainly used as substitute additives of carbon black in conductive plastics and composites applications and as additives in lithium-ion battery electrodes. MWCNT powders, arrays, sheets, flakes, films and yarns have found applications in semoconductors, power cables, automotive coatings, polymer composites, coatings, aerospace, sensors, heaters, filters and biomedicine.