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 propelled by the accelerating demand for lightweight conductive materials in lithium-ion batteries, the rapid expansion of the electric vehicle (EV) industry, and the continuous innovation in next-generation electronics.

As industries worldwide pivot towards electrification and advanced materials, the focus intensifies on the key manufacturers who are pioneering the development and production of carbon nanotubes. In this blog, we profile the Top 10 Companies in the CNT Powder and Conductive Paste Industry—a select group of nanotechnology innovators and chemical giants driving the next wave of material science advancements.

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🔟 1. OCSiAl

Headquarters: Luxembourg, Luxembourg
Key Offering: TUBALL™ Single-Wall Carbon Nanotubes (SWCNTs), Conductive Additives

OCSiAl is a global leader in the synthesis of single-wall carbon nanotubes, commanding a significant position in the market. Their flagship TUBALL™ product offers exceptional electrical conductivity and mechanical strength at very low loadings, making it ideal for enhancing materials in batteries, plastics, and coatings. The company operates the world’s largest SWCNT production facility.

Innovation Initiatives:

• Pioneering mass production of high-quality SWCNTs

• Strategic partnerships with major automotive and battery manufacturers

• Global expansion of application development centers

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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: Carbon Nanotube Powders, LiB Electrode Conductive Paste

LG Chem is a dominant force in the CNT market, leveraging its strong position in the battery and chemical sectors. The company’s CNT products are extensively used as conductive additives in lithium-ion batteries for electric vehicles, significantly improving energy density and cycle life. LG Chem is aggressively expanding its CNT production capacity to meet soaring demand.

Innovation Initiatives:

• Major capacity expansion projects for battery-grade CNTs

• Vertical integration with its EV battery manufacturing division

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8️⃣ 3. Nanocyl

Headquarters: Sambreville, Belgium
Key Offering: NC7000™ Multi-Wall Carbon Nanotubes, Conductive Masterbatches

Nanocyl is a pioneering European manufacturer specializing in multi-wall carbon nanotubes. With over two decades of experience, the company offers a wide range of CNT products for applications in electronics, aerospace, and automotive industries. Their expertise lies in creating tailored dispersions and masterbatches for specific customer needs.

Innovation Initiatives:

• Advanced functionalization techniques for improved dispersion

• Focus on developing sustainable and high-performance nanocomposites

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7️⃣ 4. Arkema

Headquarters: Colombes, France
Key Offering: Graphistrength® Carbon Nanotube Masterbatches

Arkema, a global specialty chemicals leader, produces Graphistrength®, a range of CNT-based masterbatches designed for easy integration into polymers. These products enhance electrical conductivity and mechanical properties in various thermoplastic and thermoset matrices, serving markets from electronics to sports equipment.

Innovation Initiatives:

• Development of environmentally friendly CNT dispersion processes

• Collaborations with research institutions for new application development

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

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6️⃣ 5. Showa Denko

Headquarters: Tokyo, Japan
Key Offering: VGCF® Carbon Nanofibers, Conductive Additives

Showa Denko (now Resonac Holdings) is a major Japanese chemical company known for its Vapor Grown Carbon Fiber (VGCF®), a form of carbon nanofiber with properties similar to CNTs. They are a key supplier of conductive additives for the Asian battery market, with a strong focus on quality and consistency.

Innovation Initiatives:

• Scaling production of cost-effective conductive additives

• Continuous R&D to improve the performance characteristics of VGCF®

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5️⃣ 6. Cnano Technology

Headquarters: Beijing, China
Key Offering: Multi-Wall CNT Powder, Conductive Slurry

Cnano Technology is one of China’s leading manufacturers of carbon nanotubes, with a focus on serving the domestic and international lithium-ion battery market. The company has established large-scale production capabilities and is a critical supplier to many battery makers, benefiting from China’s dominance in EV production.

Innovation Initiatives:

• Rapid expansion of production capacity to meet local battery demand

• Development of specialized CNT slurries for high-energy-density batteries

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4️⃣ 7. Cabot Corporation

Headquarters: Boston, Massachusetts, USA
Key Offering: Carbon Black, Engineered Conductive Additives

Cabot Corporation is a global specialty chemicals and performance materials company. While historically known for carbon black, Cabot has been actively developing advanced conductive additives, including formulations that incorporate CNT technology, to serve the evolving needs of the battery and plastics industries.

Innovation Initiatives:

• Investment in next-generation conductive material technologies

• Leveraging global supply chain for broad market reach

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3️⃣ 8. Kumho Petrochemical

Headquarters: Seoul, South Korea
Key Offering: Carbon Nanotubes for Batteries

Kumho Petrochemical, a major South Korean chemical company, has entered the CNT market with a strategic focus on applications within lithium-ion batteries. The company is investing significantly to build capacity and capture a share of the growing demand from the Asian battery supply chain.

Innovation Initiatives:

• New CNT production plant investments

• Focus on cost-competitive production for high-volume applications

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2️⃣ 9. SUSN Nano

Headquarters: Suzhou, China
Key Offering: Carbon Nanotube Powder, Conductive Paste

SUSN Nano is a prominent Chinese producer of carbon nanomaterials, including multi-wall carbon nanotubes. The company supplies a range of industries, with a strong presence in the conductive paste market for electronic applications and as an additive for composite materials.

Innovation Initiatives:

• Development of application-specific CNT formulations

• Expansion of product portfolio to include more specialized grades

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1️⃣ 10. HaoXin Technology

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

HaoXin Technology is a specialized manufacturer focused on the research, development, and production of carbon nanotubes. The company caters to the needs of the lithium battery industry in China, providing conductive additives that enhance the performance of anode and cathode materials.

Innovation Initiatives:

• Concentrated R&D on improving CNT dispersion in electrode slurries

• Strategic focus on the high-growth EV battery sector

Read Full Report:
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 undergoing a significant transformation. While the material science is well-established, the industry is now focused on scaling production, reducing costs, and developing sustainable manufacturing practices to meet the demands of the green economy.

📈 Key Trends Shaping the Market:

• Exponential growth in demand from the electric vehicle battery sector

• Advancements in dispersion technology enabling new applications in flexible electronics

• Increasing investments in sustainable and energy-efficient CNT production methods

• Strategic partnerships between CNT producers and end-users to co-develop tailored solutions

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

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