PUBLISHER: The Business Research Company | PRODUCT CODE: 1925744
PUBLISHER: The Business Research Company | PRODUCT CODE: 1925744
Carbon nanomaterials constitute a diverse family of carbon allotropes, encompassing carbon fullerenes and quantum dots in the zero-dimensional space, carbon nanotubes (CNTs) in the one-dimensional space, graphene in the two-dimensional space, and nanodiamonds and nanohorns in the three-dimensional space. These materials find applications across various industries due to their unique physical and chemical properties.
The primary types of carbon nanomaterials include carbon nanofibers, carbon nanotubes, fullerenes, graphene, carbon-based quantum dots, and others. Carbon nanofibers are cylindrical structures composed predominantly of carbon atoms arranged in a fibrous pattern. Various methods are employed for their production, such as arc discharge, laser ablation, chemical vapor deposition, catalyzed chemical vapor deposition, high-pressure carbon monoxide reaction, and liquid-phase carbon nanotube purification. These materials cater to diverse end-users, including building and construction, electrical and electronics, medical and healthcare, automotive, aerospace, sports and leisure, among others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the carbon nanomaterials market by increasing costs of imported synthesis equipment, catalysts, high-purity carbon feedstocks, and processing technologies. Research-intensive regions in North America and Europe are most affected, while Asia-Pacific faces higher costs for export-oriented nanomaterial production. These tariffs are raising material prices and slowing adoption in cost-sensitive applications. However, they are also supporting domestic production, regional research collaborations, and innovation in low-cost synthesis methods.
The carbon nanomaterials market research report is one of a series of new reports from The Business Research Company that provides carbon nanomaterials market statistics, including carbon nanomaterials industry global market size, regional shares, competitors with a carbon nanomaterials market share, detailed carbon nanomaterials market segments, market trends and opportunities, and any further data you may need to thrive in the carbon nanomaterials industry. This carbon nanomaterials market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The carbon nanomaterials market size has grown exponentially in recent years. It will grow from $8.83 billion in 2025 to $11.37 billion in 2026 at a compound annual growth rate (CAGR) of 28.9%. The growth in the historic period can be attributed to increased research funding in nanotechnology, rising demand for advanced materials, expansion of electronics manufacturing, availability of laboratory-scale production techniques, growing use in specialty applications.
The carbon nanomaterials market size is expected to see exponential growth in the next few years. It will grow to $31.71 billion in 2030 at a compound annual growth rate (CAGR) of 29.2%. The growth in the forecast period can be attributed to increasing commercialization of nanomaterials, rising adoption in battery and semiconductor industries, expansion of aerospace-grade composites, growing focus on sustainable advanced materials, increasing investment in large-scale production facilities. Major trends in the forecast period include growing adoption of graphene and cnts, rising use in lightweight composite materials, expansion of electronics and energy storage applications, increased focus on high-performance nanomaterials, advancements in scalable production methods.
The increasing demand for electric vehicles is expected to propel the growth of the carbon nanomaterials market going forward. An electric vehicle is powered by one or more electric motors that draw electricity from an external energy source. The performance of lithium-ion batteries, the primary energy storage systems in electric vehicles, is enhanced through the use of carbon nanomaterials such as graphene and carbon nanotubes. These carbon-based materials improve the electrical conductivity of both positive and negative electrodes without disrupting the electrochemical redox reactions that generate energy within the cell. For instance, in 2024, according to the International Energy Agency, electric vehicle sales in 2023 increased by 3.5 million units compared to 2022, representing a 35% year-on-year rise. Therefore, the growing demand for electric vehicles is driving the carbon nanomaterials market.
Major companies operating in the carbon nanomaterials market are focusing on technological advancements such as single-walled carbon nanotube (SWCNT) dispersions to boost conductivity, energy density, and overall battery performance. SWCNTs are cylindrical nanostructures composed of a single layer of carbon atoms arranged in a hexagonal lattice, offering exceptional electrical, thermal, and mechanical characteristics. For instance, in September 2024, OCSiAl, a Luxembourg-based nanotechnology company, opened a new carbon nanotube production facility in Serbia with an annual capacity of 3,000 metric tons of SWCNT dispersion. This facility supports its collaboration with ProLogium for the latter's gigafactory project in Dunkirk, France, enabling the integration of OCSiAl's nanotubes into advanced lithium ceramic batteries. This collaboration enhances battery conductivity, energy density, and safety, with mass production at the gigafactory anticipated to begin by early 2027, advancing innovation and sustainability in the electric vehicle sector.
In October 2023, Birla Carbon, an India-based manufacturer and supplier of carbon black, successfully acquired Nanocyl S.A. for an undisclosed amount. This strategic move aims to enhance Birla Carbon's presence in the battery materials segment, particularly those crucial for the operation of lithium-ion batteries. Through this acquisition, Birla Carbon gains access to a diverse range of Multi-Walled Carbon Nanotube (MWCNT) solutions. These nanotubes find applications in electric vehicle (EV) batteries, positioning Birla Carbon to play a significant role in the emerging nanotechnology industry. Nanocyl S.A., based in Belgium, specializes in the production of carbon nanotubes.
Major companies operating in the carbon nanomaterials market are Arkema S.A., Cabot Corporation, Showa Denko K.K., OCSiAl Group, Nanocyl S.A., Haydale Graphene Industries plc, Graphenea S.A., XG Sciences, Inc., Nanosys, Inc., NanoXplore Inc., Toray Industries, Inc., Mitsubishi Chemical Group Corporation, LG Chem Ltd., Saudi Basic Industries Corporation (SABIC), BASF SE, Evonik Industries AG, Tokyo Chemical Industry Co., Ltd. (TCI Chemicals), Merck KGaA, ZEON Corporation, Thomas Swan & Co. Ltd.
Asia-Pacific was the largest region in the carbon nanomaterials market in 2025. The regions covered in the carbon nanomaterials market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the carbon nanomaterials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The carbon nanomaterials market includes revenues earned by entities by providing services related to detection of hazardous compounds in food, pharmaceutical products, gene and drug delivery. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Carbon Nanomaterials Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses carbon nanomaterials market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for carbon nanomaterials ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The carbon nanomaterials market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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