The Global Industrial Carbon Nanotubes Market was valued at USD 6.81 Billion in 2024 and is projected to reach USD 18.24 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 15.2% during the forecast period (2024–2030). This robust growth is being driven by surging demand from the electronics and semiconductor industry, increasing applications in lightweight structural composites, and the continuous innovation in synthesis and functionalization techniques.

As industries worldwide push the boundaries of material science to develop stronger, lighter, and more conductive products, the spotlight is on the key manufacturers who are scaling production and driving technological advancements. In this blog, we profile the Top 10 Companies in the Industrial Carbon Nanotubes Industry—a dynamic mix of chemical giants, specialized nanomaterials firms, and R&D pioneers shaping the future of advanced materials.

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🔟 1. OCSiAl

Headquarters: Luxembourg, Luxembourg
Key Offering: TUBALL™ Single-Wall Carbon Nanotubes, Concentrates, Dispersions

OCSiAl is the world’s largest producer of single-wall carbon nanotubes (SWCNTs), with its TUBALL™ brand recognized as a leading high-purity material. The company’s patented synthesis technology enables cost-effective, industrial-scale production, serving applications from lithium-ion batteries to advanced composites and conductive coatings.

Innovation and Capacity:

• Global production capacity of 75 tons per year of SWCNTs

• Pioneering graphene nanotube solutions for the electric vehicle battery market

• Strategic partnerships with major automotive and electronics manufacturers

Download FREE Sample Report: Industrial Carbon Nanotubes Market – View in Detailed Research Report

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9️⃣ 2. LG Chem

Headquarters: Seoul, South Korea
Key Offering: Multi-Walled Carbon Nanotubes (MWCNTs), LGT-CNT Series

LG Chem is a dominant force in the multi-walled carbon nanotubes market, leveraging its vast petrochemical infrastructure to produce high-quality CNTs at competitive prices. Its materials are critical for enhancing the performance of batteries, engineering plastics, and conductive films.

Innovation and Capacity:

• Significant investment in expanding MWCNT production capacity to 1,700 tons annually by 2025

• Integration of CNTs into its own battery materials for next-generation EVs

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8️⃣ 3. Cabot Corporation

Headquarters: Boston, Massachusetts, USA
Key Offering: Carbon Nanotubes, Carbon Black, Specialty Carbons

Cabot Corporation, a global specialty chemicals and performance materials company, offers a range of carbon nanotube products under its ENERMAX™ and other brands. Its expertise in carbon materials provides a strong foundation for developing high-performance CNT solutions for plastics, coatings, and energy storage.

Innovation and Capacity:

• Focus on developing CNT masterbatches for easier dispersion in polymer matrices

• Applications in creating conductive pathways for lithium-sulfur batteries

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7️⃣ 4. Arkema

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

Arkema’s Graphistrength® brand comprises multi-walled carbon nanotubes in masterbatch form, designed for easy incorporation into thermoplastics and thermosets. This approach simplifies processing for customers in the automotive, aerospace, and electronics sectors seeking enhanced mechanical and electrical properties.

Innovation and Capacity:

• Specialization in pre-dispersed CNT formulations to overcome handling challenges

• Strong focus on sustainable materials and lifecycle assessment for CNT-enhanced products

Download FREE Sample Report: Industrial Carbon Nanotubes Market – View in Detailed Research Report

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6️⃣ 5. Nanocyl S.A.

Headquarters: Sambreville, Belgium
Key Offering: NC7000™ Series MWCNTs, PLASTICYL® Masterbatches

Nanocyl is a pioneer and leading specialist in the manufacture and application of multi-walled carbon nanotubes. Since its founding in 2002, the company has established itself as a key supplier with a strong focus on customized solutions for specific application needs across various industries.

Innovation and Capacity:

• Annual production capacity of over 400 tons of MWCNTs

• Extensive portfolio of application-specific masterbatches and dispersions

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5️⃣ 6. Showa Denko K.K. (SDK)

Headquarters: Tokyo, Japan
Key Offering: VGCF® and VGCF®-S Carbon Nanofibers and Nanotubes

Showa Denko K.K. produces vapor-grown carbon fibers (VGCF®), which include nanotube-like structures, under its proprietary brand. These materials are widely used as conductive additives in lithium-ion battery electrodes and as reinforcing agents in composite materials.

Innovation and Capacity:

• Mass production technology for vapor-phase growth of carbon nanomaterials

• Strategic focus on the rapidly expanding battery materials market in Asia

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4️⃣ 7. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: TORAYCA® Carbon Fibers, CNT-Composites

While renowned for its carbon fibers, Toray Industries is also advancing in carbon nanotube technology, particularly in integrating CNTs into its composite materials to create hybrid systems with superior properties. The company’s R&D focuses on next-generation aerospace and automotive applications.

Innovation and Capacity:

• Development of CNT-enhanced carbon fiber composites for increased strength and damage tolerance

• Exploration of CNTs for thermal management applications in electronics

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3️⃣ 8. Kumho Petrochemical

Headquarters: Seoul, South Korea
Key Offering: Multi-Walled Carbon Nanotubes

Kumho Petrochemical has entered the carbon nanotube market with significant production capabilities, leveraging its position as a major synthetic rubber and petrochemical producer. The company is targeting the battery industry, aiming to supply conductive additives for EV batteries.

Innovation and Capacity:

• Rapid scale-up of MWCNT production to cater to the Asian battery market

• Investments in R&D to improve CNT purity and dispersion characteristics

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2️⃣ 9. Thomas Swan & Co. Ltd.

Headquarters: Consett, United Kingdom
Key Offering: Elicarb® Multi-Walled and Single-Walled Carbon Nanotubes

Thomas Swan, a privately-owned chemical company, produces high-quality carbon nanotubes under its Elicarb® brand. The company is known for its focus on scalable chemical vapor deposition (CVD) processes and supplying tailored nanotube solutions for research and industrial applications.

Innovation and Capacity:

• Specialization in both SWCNTs and MWCNTs with controlled specifications

• Collaborations with academic institutions and industry partners for application development

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1️⃣ 10. CHASM Advanced Materials

Headquarters: Canton, Massachusetts, USA
Key Offering: AgeNT™ Carbon Nanotubes, NanoBuds®, Transparent Conductive Films

CHASM Advanced Materials develops and manufactures hybrid materials that combine carbon nanotubes with other nanomaterials and substrates. Its products are used to create transparent conductive electrodes, advanced sensors, and battery electrodes, offering a unique application-focused approach.

Innovation and Capacity:

• Proprietary technology for printing CNT-based inks and coatings

• Focus on roll-to-roll manufacturing for scalable production of CNT-enabled devices

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

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🌍 Outlook: The Future of Industrial Carbon Nanotubes Is Integrated and High-Volume

The industrial carbon nanotubes market is undergoing a fundamental transformation. While specialized high-value applications continue to grow, the industry is increasingly focused on integrating CNTs into mass-produced consumer and industrial goods, particularly in the energy storage and composite materials sectors.

📈 Key Trends Shaping the Market:

• Explosive growth in demand for CNTs as conductive additives in lithium-ion batteries for electric vehicles

• Advancements in low-cost, high-volume synthesis techniques like fluidized bed CVD

• Increasing regulatory focus on material safety and lifecycle assessment for nanomaterials

• Development of hybrid materials combining CNTs with graphene and other 2D materials

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

The companies listed above are not only producing advanced materials—they’re enabling the next generation of technological innovation across global industries.