A carbon nanotube having one or more substituents covalently bonded to a sidewall of the carbon nanotube, wherein the carbon nanotube has a diameter up to 3 nm, wherein the substituents arc selected from the group consisting of alkyl, acyl, aryl, aralkyl, halogen, substituted thiol, unsubstituted thiol, substituted amino, unsubstituted amino, hydroxy, and OR′, wherein R′ is selected from the group consisting of hydrogen, alkyl, acyl, aryl, aralkyl, halogen, substituted thiol, unsubstituted thiol, substituted amino, unsubstituted amino, a linear carbon chain, and a cyclic carbon chain, and wherein the substituents are bonded to carbon atoms at defect-free sites on the sidewall of the carbon nanotube.