The Global CNT Powder and Conductive Paste Market was valued at USD 642.3 Million in 2025 and is projected to reach USD 1.12 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period (2025–2032). This robust growth is fueled by surging demand from the electric vehicle battery sector, the miniaturization of electronics, and advancements in conductive plastics and coatings.

As industries worldwide transition toward smarter, more efficient, and lighter materials, carbon nanotubes (CNTs) have emerged as a cornerstone technology. In this blog, we profile the Top 10 Companies in the CNT Powder and Conductive Paste Industry—a dynamic mix of established chemical giants, specialized nanomaterial pioneers, and innovative Asian manufacturers shaping the future of conductive materials.

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🔟 1. OCSiAl

Headquarters: Luxembourg City, Luxembourg
Key Offering: TUBALL™ Single-Wall CNT Powders, TUBALL™ MATRIX Conductive Pastes

OCSiAl is a global leader in single-wall carbon nanotube (SWCNT) production, holding a significant market share. The company’s TUBALL™ products are renowned for their high purity and effectiveness at low loadings, making them ideal for enhancing the electrical and mechanical properties of lithium-ion batteries, polymers, and composites. Their graphene nanotube solutions are integrated into products for major automotive and electronics OEMs worldwide.

Innovation and Expansion Initiatives:

• World’s largest SWCNT production facility with a capacity of 75 tons per year

• Strategic partnerships with global battery and automotive manufacturers

• Continuous R&D focused on expanding applications in energy storage and advanced composites

Download FREE Sample Report:
Global CNT Powder and Conductive Paste Market – View in Detailed Research Report

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9️⃣ 2. LG Chem

Headquarters: Seoul, South Korea
Key Offering: LG CNT Powders, LUCENT CNT Conductive Paste

LG Chem is a major force in the CNT market, leveraging its strong position in the battery and chemical industries. The company produces multi-walled carbon nanotubes (MWCNTs) that are critical for improving the performance of cathodes in lithium-ion batteries. Its vertical integration allows it to supply CNT materials directly to its massive battery production operations, serving the global electric vehicle market.

Innovation and Expansion Initiatives:

• Substantial investments in CNT production capacity expansion to meet EV battery demand

• Development of specialized CNT dispersions for high-energy-density battery applications

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8️⃣ 3. Nanocyl

Headquarters: Sambreville, Belgium
Key Offering: NC7000™ series MWCNT Powders, PLASTICYL® Conductive Compounds

Nanocyl is a pioneer in the commercial production of multi-walled carbon nanotubes, with a focus on delivering consistent, high-quality materials. The company’s products are widely used in electrostatic discharge (ESD) protection, electromagnetic interference (EMI) shielding, and reinforced composites. Their PLASTICYL® masterbatches simplify the integration of CNTs into various polymer matrices.

Innovation and Expansion Initiatives:

• Specialization in surface-functionalized CNTs for improved compatibility

• Strong focus on applications in the aerospace and automotive sectors

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7️⃣ 4. Arkema

Headquarters: Colombes, France
Key Offering: Graphistrength® CNT Masterbatches and Dispersions

Arkema offers Graphistrength®, a range of CNT-based concentrates and dispersions designed for easy incorporation into plastics, coatings, and batteries. As a major chemical company, Arkema integrates CNTs into its broader portfolio of high-performance materials, providing comprehensive solutions for lightweighting and electrification across industries.

Innovation and Expansion Initiatives:

• Focus on sustainable material solutions and circular economy principles

• Development of CNT-enhanced materials for lightweight automotive components

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6️⃣ 5. Showa Denko (Now Resonac Holdings)

Headquarters: Tokyo, Japan
Key Offering: VGCF® (Vapor Grown Carbon Fiber) and CNT Powders

Showa Denko, now part of Resonac Holdings, has a long history in carbon material innovation. Its VGCF® products, which include carbon nanofibers and nanotubes, are key conductive additives for lithium-ion batteries. The company’s materials are known for their high crystallinity and excellent electrical conductivity, making them a preferred choice for premium battery applications.

Innovation and Expansion Initiatives:

• Continuous improvement of VGCF® production processes for cost efficiency

• Strong customer base in the Japanese and global battery industry

Download FREE Sample Report:
Global CNT Powder and Conductive Paste Market – View in Detailed Research Report

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5️⃣ 6. Cnano Technology

Headquarters: Jiangsu, China
Key Offering: Multi-walled CNT Powders, Conductive Slurries

Cnano Technology is one of China’s leading CNT producers, with a significant production capacity focused on the domestic and international battery markets. The company supplies conductive slurries that are essential for manufacturing high-performance battery electrodes. Its strategic location in a major battery manufacturing hub gives it a strong competitive advantage in the Asia-Pacific region.

Innovation and Expansion Initiatives:

• Rapid scaling of production to meet explosive demand from Chinese EV battery makers

• Investment in R&D for next-generation battery materials

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4️⃣ 7. Cabot Corporation

Headquarters: Boston, Massachusetts, USA
Key Offering: CNT Powders, BLACK PEARLS® Conductivity Additives

Cabot Corporation, a global specialty chemicals and performance materials company, leverages its expertise in carbon black to produce advanced CNT solutions. Its products enhance conductivity in various applications, including lithium-ion batteries, plastics, and coatings. Cabot’s strong global presence and technical service capabilities support customers in integrating CNTs into their products.

Innovation and Expansion Initiatives:

• Development of hybrid conductive additives combining CNTs and carbon black

• Focus on sustainable production processes and material lifecycle

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3️⃣ 8. SUSN Nano

Headquarters: Shanghai, China
Key Offering: Multi-walled CNT Powders, Conductive Paste for LiB

SUSN Nano is a prominent Chinese manufacturer specializing in carbon nanomaterials, including high-purity multi-walled carbon nanotubes. The company caters primarily to the booming lithium-ion battery industry in China, providing essential conductive additives that improve battery energy density and cycle life. Its cost-effective solutions are increasingly adopted by battery manufacturers.

Innovation and Expansion Initiatives:

• Focus on cost reduction and production efficiency to serve mass markets

• Expansion of product portfolio to include graphene and other 2D materials

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2️⃣ 9. Kumho Petrochemical

Headquarters: Seoul, South Korea
Key Offering: K-NOX CNT Powders for Batteries

Kumho Petrochemical has entered the CNT market with a strategic focus on serving the battery sector. The company’s K-NOX carbon nanotubes are designed as high-performance conductive additives for lithium-ion batteries. Leveraging its petrochemical expertise, Kumho is scaling up production to secure a significant share of the growing Asian battery materials market.

Innovation and Expansion Initiatives:

• Aggressive investment in new CNT production lines

• Strategic partnerships with Korean battery giants

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1️⃣ 10. HaoXin Technology

Headquarters: Shenzhen, China
Key Offering: CNT Powder, Conductive Carbon Nanotube Slurry

HaoXin Technology is a key Chinese player focused on the research, development, and production of carbon nanotubes. The company supplies CNT conductive slurries that are critical for the electrode manufacturing process in lithium-ion batteries. Its proximity to China’s major battery production centers allows for responsive supply chain management and technical support.

Innovation and Expansion Initiatives:

• Continuous improvement of CNT dispersion technology for better battery performance

• Expansion of production capacity to keep pace with market demand

Get Full Report Here:
Global CNT Powder and Conductive Paste Market – View in Detailed Research Report

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🚀 Outlook: The Future of CNT Materials Is High-Performance and Sustainable

The CNT powder and conductive paste market is experiencing a transformative phase. While traditional conductive additives still hold volume, the industry is rapidly adopting CNT-based solutions for their superior performance, driving innovation in production scalability and application diversity.

📈 Key Trends Shaping the Market:

• Exponential growth in EV battery production demanding high-performance CNT conductive additives

• Advancements in flexible and printed electronics creating new application avenues for CNT pastes

• Increasing regulatory emphasis on sustainable manufacturing processes for nanomaterials

• Strategic alliances between CNT producers and end-users to co-develop customized solutions

Get Full Report Here:
Global CNT Powder and Conductive Paste Market – View in Detailed Research Report

The companies listed above are not only supplying advanced materials—they’re enabling the technological evolution of energy storage and electronics.