The Global Multi-Walled Carbon Nanotube Dispersions Market was valued at US$ 186.5 Million in 2025 and is projected to reach US$ 345.2 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period (2024–2030). This robust growth is primarily driven by the escalating demand for high-performance conductive materials in the battery, electronics, and composite sectors, coupled with significant advancements in nanotechnology and material science.

As industries worldwide push for lighter, stronger, and more conductive materials, the spotlight intensifies on the key manufacturers and innovators supplying high-quality MWCNT dispersions. These specialized formulations overcome the inherent challenges of CNT agglomeration, unlocking their full potential in commercial applications. In this blog, we profile the Top 10 Companies in the Multi-Walled Carbon Nanotube Dispersions Market—a diverse mix of global chemical giants, specialized nanomaterial producers, and technology pioneers shaping the future of advanced materials.

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🔟 1. American Elements

Headquarters: Los Angeles, California, USA
Key Offering: High-Purity MWCNT Dispersions (Water & Solvent-based), Custom Formulations

American Elements is a leading global manufacturer and supplier of advanced materials, offering an extensive catalog of multi-walled carbon nanotube dispersions tailored for research and industrial applications. The company provides dispersions with precise concentrations and various functionalizations to meet specific customer requirements in sectors like energy storage and conductive coatings.

Innovation & Market Position:

• Specializes in high-purity (>95%) MWCNT dispersions with customizable surfactant systems

• Strong focus on R&D for next-generation battery conductive agents and composite materials

• Global distribution network serving over 150 countries

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9️⃣ 2. NanoResearch Elements Inc.

Headquarters: New York, USA
Key Offering: Functionalized MWCNT Dispersions, Nanocomposite Solutions

NanoResearch Elements Inc. is a specialized nanotechnology company focused on the development and production of high-quality carbon nanotube products. The company excels in creating stable dispersions that are essential for enhancing the electrical and mechanical properties of polymers and other matrix materials.

Innovation & Market Position:

• Advanced functionalization techniques for improved dispersion stability and compatibility

• Targeted solutions for the aerospace and automotive industries seeking lightweight conductive materials

• Collaborative R&D partnerships with academic institutions and industrial clients

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8️⃣ 3. Toyocolor Co., Ltd. (Part of Toyo Ink SC Holdings Co., Ltd.)

Headquarters: Tokyo, Japan
Key Offering: LIOACCUM™ Carbon Nanotube Dispersions

Toyocolor, a subsidiary of Toyo Ink Group, is a prominent player in the carbon nanomaterial market with its LIOACCUM brand of conductive CNT dispersions. The company leverages its deep expertise in pigment and resin technologies to produce highly stable and effective dispersions for electronic applications.

Innovation & Market Position:

• LIOACCUM dispersions are renowned for their high conductivity and excellent dispersion stability

• Strong market presence in Asia, particularly in the lithium-ion battery and display industries

• Continuous development of eco-friendly and sustainable nanomaterial solutions

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Multi-Walled Carbon Nanotube Dispersions Market – View in Detailed Research Report

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7️⃣ 4. Jiangsu Cnano Technology Co., Ltd.

Headquarters: Zhenjiang, Jiangsu, China
Key Offering: MWCNT Powders and Dispersions for Lithium-Ion Batteries

Jiangsu Cnano Technology is one of the world’s leading manufacturers of carbon nanotubes, with a significant production capacity focused on serving the new energy vehicle battery market. The company offers both CNT powders and ready-to-use dispersions that are critical for improving battery performance.

Innovation & Market Position:

• Mass production capability with an annual output of several thousand tons of CNTs

• Strategic partnerships with major global battery manufacturers like CATL and BYD

• Vertically integrated production from raw material to final dispersion products

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6️⃣ 5. Nanografi Nano Technology

Headquarters: Ankara, Turkey
Key Offering: MWCNT Dispersions, Nanocomposite Masterbatches

Nanografi is a rapidly growing nanotechnology company that supplies a wide range of nano-materials, including specialized multi-walled carbon nanotube dispersions. The company serves a global clientele across research institutions and industrial sectors, focusing on providing high-quality materials with consistent performance.

Innovation & Market Position:

• Offers both water-based and solvent-based dispersions with varying concentrations

• Strong focus on the European and Middle Eastern markets

• Provides technical support and customization services for specific application needs

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5️⃣ 6. Nanjing Muke Nano Technology Co., Ltd.

Headquarters: Nanjing, Jiangsu, China
Key Offering: Customized MWCNT Dispersions, Conductive Inks

Nanjing Muke Nano Technology is a specialized manufacturer of carbon nanomaterials, with a strong emphasis on developing application-specific dispersions. The company’s products are widely used in conductive plastics, anti-static coatings, and battery electrodes.

Innovation & Market Position:

• Expertise in creating dispersions with long-term stability and uniform CNT distribution

• Growing presence in the Chinese domestic market and expanding international footprint

• Investment in scalable production processes to meet increasing industrial demand

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4️⃣ 7. JCNO (Korea Carbon Nanotube Co., Ltd.)

Headquarters: Pohang, South Korea
Key Offering: High-Quality MWCNT Dispersions for Electronics

JCNO is a South Korean company dedicated to the mass production and application development of carbon nanotubes. The company focuses on producing high-purity MWCNTs and corresponding dispersions that meet the stringent requirements of the electronics and energy storage industries.

Innovation & Market Position:

• Advanced purification technology ensuring minimal metallic impurities in final dispersions

• Strong collaboration with Korean electronics giants and automotive battery makers

• Continuous improvement in dispersion concentration and viscosity control

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3️⃣ 8. Qingdao Haoxing Tech Co., Ltd.

Headquarters: Qingdao, Shandong, China
Key Offering: Industrial-Grade MWCNT Dispersions, Conductive Additives

Qingdao Haoxing Tech is an emerging manufacturer of carbon-based nanomaterials, specializing in cost-effective MWCNT dispersions for large-scale industrial applications. The company focuses on bridging the gap between laboratory research and commercial production needs.

Innovation & Market Position:

• Competitive pricing strategy targeting mass-market adoption of CNT technologies

• Focus on applications in conductive plastics, anti-corrosion coatings, and rubber reinforcement

• Expanding production capacity to capture growing demand in Asian markets

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2️⃣ 9. Arkema S.A. (Through Its Subsidiary)

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

Arkema, a global specialty chemicals leader, offers Graphistrength® carbon nanotube formulations through its advanced materials division. While the company is renowned for its masterbatch products, it provides specialized dispersions that enhance electrical conductivity and mechanical strength in various polymers.

Innovation & Market Position:

• Graphistrength® products enable conductivity at very low loading levels

• Strong focus on sustainable solutions and circular economy principles

• Global technical support network and application development expertise

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1️⃣ 10. Cabot Corporation

Headquarters: Boston, Massachusetts, USA
Key Offering: ENGINEERED CARBON® Additives including CNT Formulations

Cabot Corporation is a global specialty chemicals and performance materials company with a long history in carbon black production. The company has expanded its portfolio to include advanced carbon additives, leveraging its expertise in dispersion technology to develop effective MWCNT-based solutions for demanding applications.

Innovation & Market Position:

• Decades of experience in carbon material science and dispersion technology

• Strong positions in the tire, battery, and specialty polymer markets

• Continuous investment in R&D for next-generation conductive materials

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Multi-Walled Carbon Nanotube Dispersions Market – View in Detailed Research Report

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🔬 Outlook: The Future of MWCNT Dispersions Is Application-Specific and Scalable

The Multi-Walled Carbon Nanotube Dispersions market is undergoing a significant transformation. While basic dispersions serve broad applications, the industry is increasingly focusing on customized formulations tailored to specific end-use requirements, production processes, and performance criteria.

📈 Key Trends Shaping the Market:

• Rising demand from the lithium-ion battery sector, driven by electric vehicle adoption

• Development of eco-friendly, water-based dispersions to meet environmental regulations

• Advancements in functionalization techniques for improved dispersion stability and compatibility

• Increasing adoption in aerospace and automotive sectors for lightweight conductive composites

Get Full Report Here:
Multi-Walled Carbon Nanotube Dispersions Market – View in Detailed Research Report

The companies profiled above are not only supplying critical nanomaterials—they are enabling technological advancements across multiple industries by making the extraordinary properties of carbon nanotubes accessible and practical for real-world applications.