The Global Carbon Nanotubes Powder for Lithium Battery Market was valued at USD 1.42 Billion in 2023 and is projected to reach USD 3.89 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 18.3% during the forecast period (2024-2029). This growth is driven by escalating demand for high-performance lithium-ion batteries in electric vehicles, consumer electronics, and grid storage solutions, along with advancements in nanotechnology and material sciences.

As the energy storage sector undergoes rapid transformation toward higher efficiency and sustainability, carbon nanotubes (CNTs) have emerged as critical conductive additives that enhance battery performance. This blog profiles the Top 10 Companies in the Carbon Nanotubes Powder for Lithium Battery Industry—innovators and scale-up leaders defining the future of battery materials.

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🔟 10. Kumho Petrochemical

Headquarters: Seoul, South Korea
Key Offering: Multi-walled CNTs (MWCNTs) for lithium-ion batteries

Kumho Petrochemical is a major South Korean producer of carbon nanotubes, supplying high-purity MWCNTs to global battery manufacturers. The company has invested heavily in scaling production capacity to meet the growing demand from Asian EV battery makers.

Innovation Focus:

• Mass production of MWCNTs via fluidized bed reactors
• Development of surface-modified CNTs for better dispersibility
• Strategic partnerships with Korean battery giants

Download FREE Sample Report:
Carbon Nanotubes Powder for Lithium Battery Market – View in Detailed Research Report

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9️⃣ 9. Showa Denko

Headquarters: Tokyo, Japan
Key Offering: VGCF™ CNT products

Showa Denko (now Resonac Holdings) produces proprietary vapor-grown carbon fibers (VGCF) used as conductive additives in lithium batteries. Their materials help improve battery cycle life and fast-charging capabilities.

Innovation Focus:

• High aspect ratio CNTs for enhanced conductivity
• Custom formulations for different battery chemistries
• Integration with silicon anode technologies

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8️⃣ 8. Arkema

Headquarters: Colombes, France
Key Offering: Graphistrength® MWCNTs

French chemical giant Arkema supplies high-performance carbon nanotube solutions for lithium batteries through its Graphistrength product line. The company focuses on sustainable production methods and applications in next-gen batteries.

Innovation Focus:

• Water-based CNT dispersions for electrode manufacturing
• Development of CNT-enabled solid-state batteries
• Eco-friendly production processes

Download FREE Sample Report:
Carbon Nanotubes Powder for Lithium Battery Market – View in Detailed Research Report

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7️⃣ 7. Nanocyl

Headquarters: Sambreville, Belgium
Key Offering: NC7000™ series MWCNTs

Belgium-based Nanocyl specializes in multi-walled carbon nanotubes for various applications including lithium batteries. Their products are known for consistent quality and performance in enhancing electrode conductivity.

Innovation Focus:

• Tailored CNT solutions for NMC and LFP batteries
• Development of CNT-based conductive pastes
• Research into CNT-silicon composite anodes

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6️⃣ 6. HaoXin Technology

Headquarters: Shenzhen, China
Key Offering: HF Series CNTs for batteries

HaoXin Technology is one of China’s leading CNT producers, supplying materials to major Asian battery manufacturers. The company has rapidly expanded production capacity to meet domestic EV battery demand.

Innovation Focus:

• Cost-effective CNT production methods for mass adoption
• Specialized CNT formulations for high-energy-density batteries
• Vertical integration with Chinese battery supply chain

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5️⃣ 5. OCSiAl

Headquarters: Luxembourg
Key Offering: TUBALL™ single-walled CNTs

OCSiAl is the world’s largest producer of single-walled carbon nanotubes, with its revolutionary TUBALL products enabling significant performance improvements in lithium batteries through minimal additive amounts.

Innovation Focus:

• Industry-leading purity single-walled CNTs
• Ultra-low additive requirements (0.01% by weight)
• Global technical support network for battery manufacturers

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4️⃣ 4. SUSN Nano (Cabot Corporation)

Headquarters: Billerica, Massachusetts, USA
Key Offering: ENERMAX™ carbon nanotubes

Cabot Corporation’s SUSN Nano division produces high-performance CNT solutions through its proprietary technology platform, serving major battery makers worldwide.

Innovation Focus:

• Superior conductivity enhancement at low loadings
• Integrated solutions for silicon-dominant anodes
• Global manufacturing footprint supporting regional supply chains

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3️⃣ 3. LG Chem

Headquarters: Seoul, South Korea
Key Offering: CNT materials for EV batteries

LG Chem has emerged as a key CNT supplier, leveraging its position as a leading battery manufacturer to develop optimized conductive additives for next-generation lithium-ion batteries.

Innovation Focus:

• Proprietary CNT synthesis for battery applications
• Tight integration with LG Energy Solution battery production
• Development of CNT-coated separators and current collectors

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2️⃣ 2. Cnano Technology

Headquarters: Jiangsu, China
Key Offering: High-conductivity CNT powders

Cnano Technology is one of the world’s largest CNT producers, supplying materials to major battery manufacturers globally with particular strength in the Chinese market.

Innovation Focus:

• Mass production capabilities exceeding 5,000 tons/year
• Cost-competitive MWCNTs for volume applications
• Custom formulations for LFP and NMC battery chemistries

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1️⃣ 1. Cabot Corporation

Headquarters: Boston, Massachusetts, USA
Key Offering: Carbon nanotube and conductive additive solutions

Cabot Corporation leads the market through its advanced carbon nanotube technologies and comprehensive portfolio of conductive additives for lithium-ion batteries.

Innovation Focus:

• Patented CNT production processes
• Multi-functional CNT composites
• R&D focused on next-generation battery materials

Read Full Report:
Carbon Nanotubes Powder for Lithium Battery Market – View in Detailed Research Report

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🔋 Outlook: The Future of CNTs in Battery Technology

The carbon nanotubes market for lithium batteries is experiencing unprecedented growth as battery manufacturers seek solutions to enhance energy density, fast charging, and cycle life.

📈 Key Market Trends:

• Increasing CNT adoption in silicon-dominant anodes
• Development of CNT-enabled solid-state batteries
• Strategic partnerships between CNT producers and battery manufacturers
• Expansion of production capacities in Asia and North America

Read Full Report:
Carbon Nanotubes Powder for Lithium Battery Market – View in Detailed Research Report

The companies profiled above are at the forefront of developing advanced CNT solutions that will power the next generation of high-performance lithium batteries for electric vehicles, consumer electronics, and energy storage systems worldwide.