Carbon Nanotube Global Market Report 2026

Carbon nanotubes are composed of hybridized carbon atoms arranged cylindrically in hexagonal patterns. These molecular structures, formed by rolling single or double sheets of graphene, exhibit robust structural, mechanical, and electronic properties due to their nano-sized characteristics, including small size and low mass.

Two primary variations of carbon nanotubes exist such as single-walled and multi-walled. Single-walled nanotubes are one-dimensional carbon allotropes with high surface area-to-aspect ratios. They are produced using various methods such as chemical vapor deposition (CVD), arc discharge, laser ablation, floating catalyst, catalytic chemical vapor deposition (CCVD), high-pressure carbon monoxide, among others. These nanotubes find applications across industries such as electronics, semiconductors, energy storage, chemical materials, polymers, medical and pharmaceuticals, as well as structural composites. Manufacturing processes for these carbon nanotubes include arc discharge, laser ablation, chemical vapor deposition, catalytic chemical vapor deposition, high-pressure carbon monoxide, CoMoCAT, floating catalyst, and others. They cater to diverse sectors such as electronics, semiconductors, energy storage, chemical materials and polymers, medical fields, structural composite applications, and more.

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 nanotube market by increasing costs of imported catalysts, high-purity carbon feedstocks, specialized reactors, and processing equipment used in CNT production. Electronics, energy storage, and composite manufacturers in North America and Europe are most affected due to dependence on imported nanomaterials, while Asia-Pacific faces pricing pressure on export-oriented CNT manufacturing. These tariffs are increasing production costs and slowing scale-up initiatives. However, they are also encouraging local CNT production facilities, domestic research investments, and development of cost-efficient synthesis processes.

The carbon nanotube market research report is one of a series of new reports from The Business Research Company that provides carbon nanotube market statistics, including carbon nanotube industry global market size, regional shares, competitors with a carbon nanotube market share, detailed carbon nanotube market segments, market trends and opportunities, and any further data you may need to thrive in the carbon nanotube industry. This carbon nanotube 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 nanotube market size has grown rapidly in recent years. It will grow from $5.85 billion in 2025 to $6.82 billion in 2026 at a compound annual growth rate (CAGR) of 16.6%. The growth in the historic period can be attributed to advancements in nanomaterial synthesis techniques, increasing demand for lightweight conductive materials, growth in electronics miniaturization, rising research investments in nanotechnology, expanding use of carbon-based additives.

The carbon nanotube market size is expected to see rapid growth in the next few years. It will grow to $12.15 billion in 2030 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to increasing adoption of electric vehicles and batteries, rising demand for high-performance composites, expansion of flexible and wearable electronics, growing investments in next-generation materials, increasing commercialization of nanotechnology-based products. Major trends in the forecast period include increasing adoption of carbon nanotubes in energy storage applications, rising use of cnts in advanced composite materials, growing demand for cnt-based conductive materials, expansion of cnt applications in electronics and semiconductors, enhanced focus on high-strength lightweight materials.

Increasing demand for lightweight and low carbon-emitting vehicles is expected to drive the carbon nanotube market. In the automotive industry, carbon nanotubes are extensively used as electrically conductive additives in automotive plastics for fuel systems, as reinforcement materials in vehicle production, and for other applications. Automotive companies are increasingly investing in innovative materials like carbon nanotubes to develop lightweight and low-carbon-emitting vehicles. For instance, in June 2025, according to the UK's Department for Transport, a UK-based government agency, more than 22,000 zero-emission light goods vehicles (LGVs) were registered for the first time in 2024, marking a 3% increase over 2023. Therefore, the rising demand for lightweight and low carbon-emitting vehicles is expected to boost the carbon nanotube market.

Major companies operating in the carbon nanotube materials market are focusing on developing advanced hybrid composites to improve mechanical performance, thermal stability, and lightweight properties for applications in aerospace, automotive, and industrial sectors. Advanced hybrid composites are engineered materials that combine different fibers or nanomaterials, such as carbon nanotubes with carbon fibers, to deliver superior mechanical, thermal, and electrical properties. For instance, in October 2023, CARBON FLY Inc., a Japan-based materials company, in collaboration with U-pica Co., Ltd., a Japan-based partner in space material development, launched next-generation CNT hybrid prepregs aimed at mass production. These advanced materials are expected to meet the growing demand for high-performance, lightweight composites in aerospace and other high-tech applications, accelerating the adoption of CNT-based composites across multiple industrial sectors.

In October 2023, Birla Carbon, an India-based company, acquired Nanocyl for an undisclosed amount. With the acquisition, Birla Carbon's market share in the Energy Systems sector rose, giving it a dominant position in materials essential to the performance of lithium-ion batteries and other conductive applications. Nanocyl is a Belgium-based company that produces and distributes premium multiwall carbon nanotubes (CNTs) and goods developed with CNTs.

Major companies operating in the carbon nanotube market are LG Chem Ltd, Kumho Petrochemical, Arkema S.A., Showa Denko K.K., Cabot Corporation, OCSiAl, Jiangsu Cnano Technology Co. Ltd., Hyperion Catalysis International, Nano-C, Nanocyl SA, Meijo Nano Carbon Co. Ltd., Zeon Corporation, Chengdu Organic Chemicals Co. Ltd., Shenzhen Sanshun Nano New Materials Co. Ltd., Canatu, Nanomix, Nantero, Cheap Tubes, Continental Carbon Company, Raymor Industries Inc, Carbon Solutions Inc, Nanoshel LLC, Hanwha Chemical Corporation, Sabinano, Sasol

North America was the largest region in the carbon nanotube market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the carbon nanotube 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 nanotube market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The carbon nanotube market consists of sales of armchair carbon nanotubes and chiral carbon nanotubes. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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 Nanotube 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 nanotube 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.

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Where is the largest and fastest growing market for carbon nanotube ? 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 nanotube 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.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product: Single-Walled Nanotubes; Multi-Walled Nanotubes
• 2) By Method: Chemical Vapor Deposition (CVD); Arc Discharge; Laser Ablation; Floating Catalyst; Comocat; Catalytic Chemical Vapor Deposition (CCVD); High-Pressure Carbon Monoxide; Other Methods.
• 3) By End User: Electronics And Semiconductors; Energy And Storage; Chemical Material And Polymers; Medical And Pharmacy; Structural Composites Applications; Other End-Use Industries
• Subsegments:
• 1) By Single-Walled Nanotubes (SWNTs): Chemical Vapor Deposition (CVD) Produced SWNTs; Arc Discharge Produced SWNTs; Laser Ablation Produced SWNTs
• 2) By Multi-Walled Nanotubes (MWNTs): Chemical Vapor Deposition (CVD) Produced MWNTs; Arc Discharge Produced MWNTs; Laser Ablation Produced MWNTs
• Companies Mentioned: LG Chem Ltd; Kumho Petrochemical; Arkema S.A.; Showa Denko K.K.; Cabot Corporation; OCSiAl; Jiangsu Cnano Technology Co. Ltd.; Hyperion Catalysis International; Nano-C; Nanocyl SA; Meijo Nano Carbon Co. Ltd.; Zeon Corporation; Chengdu Organic Chemicals Co. Ltd.; Shenzhen Sanshun Nano New Materials Co. Ltd.; Canatu; Nanomix; Nantero; Cheap Tubes; Continental Carbon Company; Raymor Industries Inc; Carbon Solutions Inc; Nanoshel LLC; Hanwha Chemical Corporation; Sabinano; Sasol
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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