Carbon and carbon-based materials are used in nuclear reactors and there has recently been growing interest to develop graphite and carbon based materials for high temperature nuclear and fusion reactors. Efforts are underway to develop high density carbon materials as well as amorphous isotropic carbon for the application in thermal reactors. There has been research on coated nuclear fuel for high temperature reactor and research and development on coated fuels are now focused on fuel particles with high endurance during normal lifetime of the reactor. Since graphite as a moderator as well as structural material in high temperature reactors is one of the most favored choices, it is now felt to develop high density isotropic graphite with suitable coating for safe application of carbon based materials even in oxidizing or water vapor environment. Carboncarbon composite materials compared to conventional graphite materials are now being looked into as the promising materials for the fusion reactor due their ability to have high thermal conductivity and high thermal shock resistance. This paper deals with the application of carbon materials on various nuclear reactors related issues and addresses the current need for focused research on novel carbon materials for future new generation nuclear reactors.