Market overview
The global carbon nanotube market is worth USD 1.2 bn in 2026 and is forecast to reach USD 4.0 bn by 2036, growing at a 12.5% CAGR. China is the largest country market and Multi-walled is the largest by type segment.
| Scope | Single-wall and multi-wall carbon nanotubes sold as powders, pastes and dispersions, mainly as conductive additives for batteries and in polymers, coatings and electronics. |
|---|---|
| Industry | Chemicals and Materials |
| Value 2025 | USD 1.1 bn |
| Value 2026 | USD 1.2 bn |
| Value 2036 | USD 4.0 bn |
| CAGR 2026-2036 | 12.5% |
| Volume 2026 | 12,684 tonnes |
| Volume 2036 | 50,409 tonnes |
| Average price 2026 | USD 98,000 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
Request a free sample of this report
Carbon Nanotube market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 1.2 bn |
| 2027 | USD 1.4 bn |
| 2028 | USD 1.6 bn |
| 2029 | USD 1.8 bn |
| 2030 | USD 2.0 bn |
| 2031 | USD 2.2 bn |
| 2032 | USD 2.5 bn |
| 2033 | USD 2.8 bn |
| 2034 | USD 3.2 bn |
| 2035 | USD 3.6 bn |
| 2036 | USD 4.0 bn |
Carbon Nanotube market segmentation
By type
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Multi-walled | 82.0% | 70.3% | USD 1.0 bn | 10.8% |
| Few-walled | 8.0% | 8.6% | USD 99 mn | 13.3% |
| Single-walled | 10.0% | 21.1% | USD 124 mn | 21.2% |
By application
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Lithium-ion batteries | 74.0% | 76.2% | USD 920 mn | 12.8% |
| Polymers and composites | 12.0% | 9.9% | USD 149 mn | 10.3% |
| Electronics and coatings | 8.0% | 9.4% | USD 99 mn | 14.3% |
| Other | 6.0% | 4.5% | USD 75 mn | 9.3% |
By form
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Powder | 30.0% | 20.8% | USD 373 mn | 8.5% |
| Paste and dispersion | 58.0% | 69.2% | USD 721 mn | 14.5% |
| Masterbatch and film | 12.0% | 10.0% | USD 149 mn | 10.5% |
By synthesis method
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Chemical vapour deposition | 86.0% | 85.0% | USD 1.1 bn | 12.4% |
| Arc discharge and laser ablation | 8.0% | 7.0% | USD 99 mn | 11.0% |
| Other methods | 6.0% | 8.0% | USD 75 mn | 15.8% |
By grade
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Industrial grade | 63.0% | 56.0% | USD 783 mn | 11.2% |
| High-purity grade | 24.0% | 27.0% | USD 298 mn | 13.8% |
| Functionalised grade | 13.0% | 17.0% | USD 162 mn | 15.6% |
Top 25 countries for carbon nanotube by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 88.0% of 2026 revenue and the 25 countries below together hold 96.6%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 522 mn | 42.0% | USD 2.0 bn | 14.6% |
| 2 | South Korea | USD 174 mn | 14.0% | USD 521 mn | 11.6% |
| 3 | Japan | USD 99 mn | 8.0% | USD 226 mn | 8.6% |
| 4 | United States | USD 87 mn | 7.0% | USD 218 mn | 9.6% |
| 5 | Germany | USD 62 mn | 5.0% | USD 141 mn | 8.6% |
| 6 | India | USD 37 mn | 3.0% | USD 121 mn | 12.5% |
| 7 | Taiwan | USD 37 mn | 3.0% | USD 93 mn | 9.6% |
| 8 | France | USD 31 mn | 2.5% | USD 65 mn | 7.6% |
| 9 | United Kingdom | USD 25 mn | 2.0% | USD 52 mn | 7.8% |
| 10 | Hungary | USD 19 mn | 1.5% | USD 57 mn | 11.7% |
| 11 | Canada | USD 9.3 mn | 0.8% | USD 31 mn | 12.8% |
| 12 | Singapore | USD 9.3 mn | 0.8% | USD 33 mn | 13.5% |
| 13 | Netherlands | USD 8.4 mn | 0.7% | USD 28 mn | 12.8% |
| 14 | Italy | USD 8.4 mn | 0.7% | USD 28 mn | 12.8% |
| 15 | Switzerland | USD 7.6 mn | 0.6% | USD 25 mn | 12.9% |
| 16 | Israel | USD 7.6 mn | 0.6% | USD 25 mn | 12.9% |
| 17 | Russia | USD 7.6 mn | 0.6% | USD 25 mn | 12.9% |
| 18 | Poland | USD 6.7 mn | 0.5% | USD 24 mn | 13.7% |
| 19 | Spain | USD 6.7 mn | 0.5% | USD 23 mn | 12.9% |
| 20 | Belgium | USD 6.7 mn | 0.5% | USD 23 mn | 12.9% |
| 21 | Malaysia | USD 6.7 mn | 0.5% | USD 24 mn | 13.7% |
| 22 | Sweden | USD 6.0 mn | 0.5% | USD 20 mn | 12.7% |
| 23 | Thailand | USD 6.0 mn | 0.5% | USD 21 mn | 13.4% |
| 24 | Vietnam | USD 5.1 mn | 0.4% | USD 19 mn | 14.3% |
| 25 | Australia | USD 5.1 mn | 0.4% | USD 17 mn | 12.8% |
| Rest of world | USD 42 mn | 3.4% | USD 137 mn | 12.6% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- OCSiAl
- Cnano Technology
- LG Chem
- Cabot
- Shenzhen Nanotech Port
Group 2: Regional and specialist players
- Arkema
- Nanocyl
- Resonac
- Kumho Petrochemical
- JEIO
- Hodogaya Chemical
- Thomas Swan
- Hanwha Solutions
Group 3: Emerging and niche players
- Zeon Nano Technology
- Raymor
- Molecular Rebar Design
- Nano-C
- NAWA Technologies
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the carbon nanotube market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 12.5% is calculated from the resulting values.
The market is divided by type, by application, by form, by synthesis method, by grade. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the carbon nanotube market?
The global carbon nanotube market is estimated at USD 1.1 bn in 2025 and USD 1.2 bn in 2026.
How fast will the carbon nanotube market grow?
It is forecast to reach USD 4.0 bn by 2036, a compound annual growth rate of 12.5% from 2026, an increase of USD 2.8 bn.
Which country is the largest market for carbon nanotube?
China is the largest market by revenue at USD 522 mn in 2026, 42.0% of the global total. The three largest countries together hold 64.0%.
Which country is growing fastest?
Among the ten largest markets, China is growing fastest at 14.6% a year from 2026 to 2036.
Which carbon nanotube segment is largest?
In the by type split, Multi-walled is the largest segment with 82.0% of 2026 revenue.
Who are the leading carbon nanotube companies?
Global leaders include OCSiAl, Cnano Technology, LG Chem, Cabot.
Need the full report?
Request a sample to see the structure, tables and country detail.
Request a free sampleRelated markets in Chemicals and Materials
- Low-Temperature Dishwashing ChemicalsUSD 1.3 bn · 5.0% CAGR
- High Performance Carbon Fiber PrecursorUSD 1.3 bn · 9.5% CAGR
- Fermentation-Derived Bioplastic Building Block IntermediatesUSD 1.2 bn · 9.5% CAGR
- Fumed SilicaUSD 1.3 bn · 6.2% CAGR
- Food-Contact Surface Sanitizers for HoReCaUSD 1.2 bn · 5.8% CAGR
- Low GWP Foam Blowing AgentsUSD 1.3 bn · 7.0% CAGR
- Soilless Substrate-Specific Fertility SolutionUSD 1.3 bn · 8.5% CAGR
- Nutrient Loss ReducersUSD 1.2 bn · 7.0% CAGR