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Carbon nanofibers and nanotubes are promising to revolutionise several fields in material science and are a major component of nanotechnology. Further market development will depend on material availability at reasonable prices. Nanotubes have a wide range of unexplored potential applications in various technological areas such as aerospace, energy, automobile, medicine, or chemical industry, in which they can be used as gas adsorbents, templates, actuators, composite reinforcements, catalystdoi:10.4236/jmmce.2005.41004 fatcat:yhgff5hebja3bkotl7as3ivzta