MARKET INSIGHTS

Global Lithium‑Ion Battery CNT (Carbon Nano Tube) Conductive Agent market size was valued at USD 148.6 million in 2024. The market is projected to grow from USD 159.3 million in 2025 to USD 235.8 million by 2034, exhibiting a CAGR of 5.3% during the forecast period.

Carbon Nanotube (CNT) conductive agents are advanced materials used to enhance the conductivity of lithium‑ion battery electrodes. These nano‑scale tubular structures, available as single‑walled (SWCNT) or multi‑walled (MWCNT) variants, significantly improve electron transfer in battery cells while reducing overall weight. MWCNTs currently dominate the market with an 82% share due to their cost‑effectiveness and easier production scalability compared to SWCNTs.

The market growth is primarily driven by accelerating electric vehicle adoption, where CNT‑based batteries offer 64% of current application demand. While the EV sector expands, emerging energy storage applications present new opportunities. Recent industry developments include Jiangsu Cnano Technology’s 2024 capacity expansion and Cabot Corporation’s acquisition of SUSN Nano to strengthen its CNT portfolio, indicating robust market confidence in this technology’s future.

Lithium‑Ion Battery CNT (Carbon Nano Tube) Conductive Agent Market – View in Detailed Research Report

Top 10 Companies in the Lithium‑Ion Battery CNT (Carbon Nano Tube) Conductive Agent Market (2026)

1. Jiangsu Cnano Technology

Headquarters: Jiangsu, China
Key Offering: Multi‑walled CNT pastes and paste/dispersion for battery electrodes

Jiangsu Cnano Technology has emerged as the market leader with approximately 28% share, leveraging advanced chemical vapor deposition (CVD) to produce high‑performance multi‑walled CNTs. Their products are widely adopted by battery cell manufacturers for EV applications, providing superior conductivity and weight reduction.

Sustainability & Growth Initiatives:

• 2024 capacity expansion to double production volume
• Investment in low‑carbon CVD processes
• Partnerships with leading EV OEMs for integrated battery pack testing

2. SUSN Nano (Cabot Corporation)

Headquarters: Jiangsu, China (subsidiary of Cabot Corporation, USA)
Key Offering: High‑purity multi‑walled CNT pastes and single‑walled CNT solutions

Acquired by Cabot in 2024, SUSN Nano brings a robust portfolio of CNT additives that enhance battery performance. Their focus on purity and dispersion technology has positioned them as a preferred supplier for premium EV battery manufacturers.

Sustainability & Growth Initiatives:

• Integration of renewable energy in manufacturing plants
• Development of recyclable CNT composites
• Strategic alliances with battery material suppliers

3. HaoXin Technology

Headquarters: Jiangsu, China
Key Offering: Tailored CNT solutions for cathode and anode materials

HaoXin Technology specializes in customized CNT formulations that meet specific electrode requirements, enabling higher energy density and cycle life in lithium‑ion batteries.

Sustainability & Growth Initiatives:

• R&D investment in single‑walled CNT synthesis
• Collaboration with universities for advanced material research
• Implementation of waste heat recovery in CVD units

4. Huizhou Jiyue

Headquarters: Huizhou, China
Key Offering: CNT pastes for high‑performance battery electrodes

Huizhou Jiyue offers cost‑effective multi‑walled CNT pastes, focusing on scalability and consistent dispersion for large‑volume battery production.

Sustainability & Growth Initiatives:

• Adoption of green solvents in dispersion process
• Supplier certification for sustainable sourcing
• Expansion of production capacity in 2025

5. Dynanonic

Headquarters: Jiangsu, China
Key Offering: Hybrid CNT–graphene conductive agents

Dynanonic develops hybrid conductive agents that combine CNTs with graphene to deliver superior conductivity and mechanical reinforcement for battery electrodes.

Sustainability & Growth Initiatives:

• Investments in carbon‑neutral production lines
• Partnerships with battery recyclers for end‑of‑life CNT recovery
• Research into biodegradable dispersion media

6. Shenzhen Jinbaina

Headquarters: Shenzhen, China
Key Offering: CNT pastes for energy storage systems

Shenzhen Jinbaina supplies CNT conductive agents tailored for stationary energy storage batteries, supporting grid‑scale renewable integration.

Sustainability & Growth Initiatives:

• Scale‑up of renewable energy usage in plants
• Development of high‑efficiency dispersion equipment
• Collaboration with grid operators for pilot projects

7. LG Chem

Headquarters: Seoul, South Korea
Key Offering: Advanced CNT additives for lithium‑ion batteries

LG Chem leverages its global R&D network to deliver high‑purity CNT solutions that enhance battery performance across automotive and consumer electronics.

Sustainability & Growth Initiatives:

• Commitment to 100% renewable energy in manufacturing
• Investment in circular battery material platforms
• Collaboration with OEMs on lightweight battery designs

8. Showa Denko

Headquarters: Tokyo, Japan
Key Offering: CNT pastes and dispersion systems for battery applications

Showa Denko focuses on high‑quality CNT additives that meet stringent Japanese automotive standards, supporting both EV and hybrid vehicle battery production.

Sustainability & Growth Initiatives:

• Zero‑waste manufacturing targets
• Development of eco‑friendly dispersion solvents
• Partnerships with automotive OEMs for pilot programs

9. Arkema

Headquarters: Paris, France
Key Offering: CNT–polymer composites for battery electrodes

Arkema delivers CNT‑enhanced polymer binders that improve electrode adhesion and conductivity, targeting high‑performance EV batteries.

Sustainability & Growth Initiatives:

• Investment in low‑carbon polymer synthesis
• Collaboration with battery recyclers for material recovery
• Development of green chemistry processes

10. Nanocyl

Headquarters: Brussels, Belgium
Key Offering: CNT paste solutions for battery electrodes

Nanocyl supplies high‑quality CNT pastes with controlled dispersion, supporting battery manufacturers in achieving higher energy densities.

Sustainability & Growth Initiatives:

• Use of renewable energy in production facilities
• Partnerships with battery recycling companies
• Continuous improvement of dispersion technology

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Outlook

Global Lithium‑Ion Battery CNT Conductive Agent market is expected to maintain steady growth through 2034, driven by the expansion of electric vehicle production, increasing demand for grid‑scale energy storage, and continuous technological advancements that lower production costs while improving performance. The market will also benefit from a growing focus on circular economy and recycling initiatives, creating opportunities for sustainable material solutions.

Future Trends

Key future trends include:

• Shift toward single‑walled CNT production as costs decline and performance demands rise
• Integration of CNTs with graphene and other nanomaterials to create hybrid conductive systems with superior properties
• Development of multi‑functional CNT agents that provide both conductivity enhancement and mechanical reinforcement
• Expansion of manufacturing capacity in Asia‑Pacific, especially China, to meet growing EV and energy storage demand
• Increased regulatory focus on sustainability, prompting the adoption of green solvents and renewable energy in production