The Global Carbon Nanomaterials Market was valued at USD 11.23 Billion in 2024 and is projected to reach USD 23.45 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period (2024–2030). This robust expansion is fueled by increasing demand from the electronics, energy storage, and healthcare sectors, alongside accelerating research and development into high-performance materials that offer superior strength, conductivity, and functionality.

As industries worldwide push the boundaries of material science for lighter, stronger, and more efficient products, the spotlight is on the pioneering companies developing and commercializing carbon nanomaterials. In this blog, we profile the Top 10 Companies in the Carbon Nanomaterials Industry—a dynamic mix of chemical giants, specialized manufacturers, and innovative startups shaping the future of advanced materials.

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🔟 1. Arkema S.A.

Headquarters: Colombes, France
Key Offering: Graphistrength® Carbon Nanotubes, Graphene Nanoplatelets

Arkema is a global leader in specialty materials and a major producer of carbon nanotubes. Its Graphistrength® brand is widely used to enhance the mechanical and electrical properties of polymers, composites, and coatings across automotive, aerospace, and electronics applications.

Innovation Initiatives:

• Significant investment in multi-walled carbon nanotube (MWCNT) production capacity

• Development of graphene-based solutions for batteries and conductive inks

• Strategic focus on sustainable and high-performance material solutions

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9️⃣ 2. Cabot Corporation

Headquarters: Boston, Massachusetts, USA
Key Offering: Carbon Blacks, ENGINEERED CARBONS® (including specialty grades), Graphene Additives

Cabot Corporation is a premier global specialty chemicals and performance materials company. While historically known for carbon black, Cabot has actively expanded into engineered carbons and is developing graphene and other nanomaterial additives for energy storage, tires, and polymers.

Innovation Initiatives:

• R&D focused on conductive additives for lithium-ion batteries

• Launch of ENERMAX™ graphene nanomaterial series for enhanced performance

• Commitment to circular economy principles in material production

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8️⃣ 3. Showa Denko K.K. (SDK)

Headquarters: Tokyo, Japan
Key Offering: VGCF® (Vapor Grown Carbon Fiber), Carbon Nanotubes

Showa Denko is a leading Japanese chemical company with a strong foothold in carbon nanomaterials. Its VGCF® products are a form of vapor-grown carbon fibers with nanoscale dimensions, used extensively as conductive additives in lithium-ion batteries for electric vehicles and consumer electronics.

Innovation Initiatives:

• Mass production of high-quality carbon nanotubes and nanofibers

• Key supplier to major global battery manufacturers

• Continuous improvement of material purity and dispersion properties

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7️⃣ 4. Nanocyl S.A.

Headquarters: Sambreville, Belgium
Key Offering: NC7000™ series Carbon Nanotubes, PLASTICYL® composites

Nanocyl is a recognized pioneer and one of the largest specialized manufacturers of multi-walled carbon nanotubes (MWCNTs). The company provides a range of nanotube products and masterbatches tailored for applications in electronics, aerospace, and automotive sectors.

Innovation Initiatives:

• Focus on high-purity and functionalized carbon nanotubes

• Development of thermoplastic and thermoset composite solutions

• Strong intellectual property portfolio in CNT synthesis and application

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6️⃣ 5. Arkema (Reiteration for Graphene Focus via acquisition)

Headquarters: Colombes, France
Key Offering: Graphene solutions post-acquisition of specific assets

Following strategic acquisitions to bolster its nanomaterials portfolio, Arkema has enhanced its capabilities in graphene production. This positions the company to offer a comprehensive suite of carbon nanomaterial solutions, from nanotubes to graphene platelets, catering to diverse industrial needs.

Innovation Initiatives:

• Integration of graphene technology into existing product lines

• Expansion of application development for paints, composites, and electronics

• Leveraging global R&D network for next-generation material formulations

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5️⃣ 6. Thomas Swan & Co. Ltd.

Headquarters: Consett, United Kingdom
Key Offering: Elicarb® Graphene, Specialty Chemicals

Thomas Swan is an independent chemical company with a significant presence in the graphene market. Its Elicarb® graphene products are produced via a scalable chemical vapor deposition (CVD) process and are used in composites, coatings, and energy storage applications.

Innovation Initiatives:

• Commercial-scale production of high-quality graphene nanoplatelets

• Collaborations with academic institutions and industry partners

• Focus on developing tailored graphene solutions for specific customer requirements

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4️⃣ 7. Hyperion Catalysis International

Headquarters: Cambridge, Massachusetts, USA
Key Offering: FIBRIL™ Carbon Nanotubes, Conductive Polymer Additives

Hyperion Catalysis is a long-standing innovator in the carbon nanotube space, specializing in FIBRIL™ nanotubes. These materials are designed as additives to make polymers electrically conductive, with key applications in automotive fuel systems, electronics packaging, and specialty films.

Innovation Initiatives:

• Pioneering the use of CNTs for electrostatic discharge (ESD) protection

• Development of masterbatch formulations for easy processing

• Strong focus on automotive and electronics market segments

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3️⃣ 8. CNano Technology Ltd.

Headquarters: Zhejiang, China
Key Offering: Carbon Nanotube Powders and Dispersions

CNano Technology is one of the world’s largest manufacturers of carbon nanotubes by volume. Leveraging its proprietary manufacturing technology, the company supplies cost-effective CNT products primarily for the lithium-ion battery market, enabling higher energy density and faster charging.

Innovation Initiatives:

• Mass production aimed at meeting booming EV battery demand

• Strategic partnerships with major Asian battery producers

• Continuous scaling of production capacity to reduce costs

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2️⃣ 9. Hollingsworth & Vose Company

Headquarters: East Walpole, Massachusetts, USA
Key Offering: Carbon Nanofiber-based Materials, Advanced Battery Components

Hollingsworth & Vose (H&V) is a leading developer of advanced filtration and battery materials. The company produces carbon nanofibers that are used as components in battery electrodes and other advanced applications requiring high surface area and conductivity.

Innovation Initiatives:

• Development of nanofiber mats for lead-acid and lithium-ion batteries

• Focus on sustainability and high-performance material science

• Collaboration with industry leaders in energy storage

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1️⃣ 10. Kuraray Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Carbon Fiber, Specialty Chemicals, Polymer Additives

Kuraray is a diversified chemical company with significant expertise in synthetic fibers and resins. While renowned for its carbon fibers, the company is also active in developing nanomaterials and additives that enhance the properties of its core products for automotive, medical, and construction industries.

Innovation Initiatives:

• Integration of nanomaterial technologies into high-performance polymers

• R&D focused on lightweight and high-strength composite materials

• Expansion of product portfolio to include nano-enhanced solutions

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Carbon Nanomaterials Market – View in Detailed Research Report

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🔬 Outlook: The Future of Carbon Nanomaterials Is Intelligent and Integrated

The carbon nanomaterials market is undergoing a profound transformation. As these materials transition from laboratory curiosities to commercial-scale products, the industry is investing heavily in scalable production methods, application-specific formulations, and integration into next-generation technologies.

📈 Key Trends Shaping the Market:

• Explosive growth in demand from the electric vehicle battery sector for conductive additives

• Increasing use of graphene and CNTs in flexible electronics and sensors

• Advancements in functionalization and dispersion techniques for easier industrial adoption

• Rising investment in sustainable production processes and recycling of nanomaterials

Get Full Report Here:
Carbon Nanomaterials Market – View in Detailed Research Report

The companies listed above are not only supplying materials—they are enabling technological revolutions across multiple industries, from creating longer-lasting batteries to building lighter aircraft and developing smarter electronics. Their continued innovation ensures that carbon nanomaterials will remain at the forefront of the advanced materials landscape for years to come.