The global carbon nanotubes market was valued at USD 10.96 Billion in 2025 and is projected to expand at a CAGR of 16.50% from 2026 to 2035, reaching USD 50.47 Billion by 2035. As per the analysis by Expert Market Research, the market is expected to be aided by the excellent mechanical and chemical properties of nanotubes.
Carbon nanotubes have excellent chemical and mechanical properties, due to which they are extensively used in the semiconductor, battery, automotive, and aerospace sectors. The use of carbon nanotubes as additives to enhance electrical conductivity and mechanical strength, among others, is propelling the market growth.
Looking for Market Size, Pricing & Forecast: Get Free Sample Report
The high thermal and electrical conductivity, flexibility, and excellent tensile strength are surging the use of carbon nanotubes in biomedical, air and water filtration, and energy storage applications, among others. Various leading companies in the market are increasingly investing in carbon nanotube manufacturing capabilities due to the rising demand for electric vehicle batteries, which is augmenting the market.
Carbon Nanotubes News: Tech Advances and Manufacturing Updates 2026
In March 2026, industry analysts reported that LG Chem, Jiangsu Cnano, and other leading CNT players have adopted multi-walled carbon nanotubes as standard conductive additives in EV battery cathodes, achieving up to a 20 percent reduction in internal resistance.
In February 2026, industry reports highlighted Arkema's continued focus on specialty CNT formulations, dispersion technologies, and regional expansion, strengthening its position as a leading European CNT supplier through its Graphistrength brand.
In January 2026, industry forecasts indicated that LG Chem commissioned its fourth CNT production facility in South Korea, increasing total capacity to 6,100 tons annually, up from 2,900 tons the previous year.
In January 2026, Birla Carbon showcased its advanced Nanocyl multi-walled carbon nanotube solutions, led by its flagship NC7000, at NanoTech 2026 in Tokyo.
Read more about this report: REQUEST FREE SAMPLE COPY IN PDF
Top 7 Carbon Nanotubes Companies and Manufacturers: Market Presence and Product Solutions
1. Arkema Group
| Establishment: |
2006 |
| Headquarters: |
Colombes, France |
| Website: |
https://www.arkema.com/global/en/ |
| Revenue: |
EUR 9.5 Billion (FY 2024) |
| Employees: |
21,100+ across 55 countries |
| Key CNT Products: |
Graphistrength Multi-Wall CNTs, CNT Masterbatches, Conductive Dispersions, Battery Additives |
Arkema Group is a prominent materials and specialty chemicals company that aims to meet the diverse demands for sustainable and innovative materials for new energy and mobility applications. Its products and solutions are used in various sectors, including packaging, cosmetics, sporting goods, and aeronautics, among others. Through its extensive research and development activities, the company aims to develop bio-based and lightweight materials and coatings as substitutes for traditional materials. Arkema produces carbon nanotubes through its Graphistrength brand, supplying multi-wall CNTs for EV batteries, conductive plastics, and lightweight composites. The company continues to invest in specialty CNT formulations and dispersion technologies to capture share in the fast-growing global energy storage market. In February 2026, Arkema strengthened its position as a leading European CNT supplier through its Graphistrength brand, focusing on specialty CNT formulations and dispersion technologies for EV batteries and lightweight composites.
2. Toray Industries, Inc.
| Establishment: |
1926 |
| Headquarters: |
Tokyo, Japan |
| Website: |
https://www.toray.com/ |
| Revenue: |
JPY 2.46 Trillion (approx. USD 17 Billion, FY 2024) |
| Employees: |
48,000+ worldwide |
| Key CNT Products: |
Super Growth CNTs, High-Purity SWCNTs, Composite Reinforcement, Electronics-Grade CNTs |
Toray Industries is a company that is engaged in the processing, manufacturing, and sales of carbon fibre composite materials, fibres, and environment and engineering products. By 2050, the company aims to achieve net-zero emissions. The company extensively invests to bolster its research and development activities for developing new and innovative materials. Toray's CNT technologies support lightweight, durable, and conductive solutions, contributing significantly to advancements in composite materials for aerospace, automotive, and electronic sectors. The company is also expanding its conductive CNT dispersion capacity to meet the rising demand from EV battery and advanced electronics manufacturers globally.
3. Carbon Solutions, Inc.
| Establishment: |
1998 |
| Headquarters: |
Riverside, California, United States |
| Website: |
https://www.carbonsolution.com/ |
| Revenue: |
USD 5 Million+ (approx.) |
| Employees: |
30+ across United States |
| Key CNT Products: |
High-Purity SWCNTs and MWCNTs, Functionalised CNTs, Transparent Conductors, Photodetectors |
Carbon Solutions Inc. is a prominent nanotechnology company and a leading manufacturer of high-quality chemically processed carbon nanotube materials for use in commercial applications. The company also actively collaborates with various businesses to develop flexible electronics, carbon nanotube-based sensors, visible and infrared photodetectors, and transparent conductors. Moreover, it provides contracts for speciality manufacturing services. The company supplies high-purity CNTs tailored for academic research and industrial use, particularly in electronics, coatings, sensors, and energy storage technologies, positioning itself as a specialised supplier for next-generation nanotube applications.
4. Cheap Tubes Inc.
| Establishment: |
2005 |
| Headquarters: |
Grafton, Vermont, United States |
| Website: |
https://www.cheaptubes.com/ |
| Revenue: |
USD 3 Million+ (approx.) |
| Employees: |
20+ across United States |
| Key CNT Products: |
SWCNTs, MWCNTs, Graphene Nanoplatelets, Fullerenes, Functionalised Nanomaterials |
Cheap Tubes Inc. is a company that aims to provide low-cost and high-quality nanotube and graphene nanomaterials at affordable prices for various sectors. It utilises ultrasonic probes for dispersing its nanoparticles. Its products have been used by more than 5,000 clients across the globe. It ships its products to Germany, France, Italy, and the United Kingdom, among others. The company serves sectors like electronics, biomedical, aerospace, and energy, with a focus on affordability and customised nanotechnology solutions that enable small and mid-sized research teams to access industrial-grade nanomaterials.
5. Nanocyl SA
| Establishment: |
2002 |
| Headquarters: |
Sambreville, Belgium |
| Website: |
https://www.nanocyl.com/ |
| Revenue: |
EUR 50 Million+ (approx.) |
| Employees: |
150+ across Europe |
| Key CNT Products: |
NC7000 Series MWCNTs, CNT-Based Masterbatches, PlastiCyl Dispersions, Conductive Coatings |
Nanocyl SA is a company that develops and markets high-quality carbon nanotube (CNT) solutions, MWCNT-based formulated products, and multiwall carbon nanotubes (MWCNT). It intends to address challenges in the electronics, transport, and energy markets while bolstering the development of new solutions for the new market. In addition, the company aims to support customers through its innovative product portfolio. Following its acquisition by Birla Carbon, Nanocyl has gained significant R and D, portfolio, and market reach benefits, enabling its products to accelerate toward their full global growth potential. The company's NC7000 series MWCNTs and PlastiCyl dispersions are widely used across polymer, automotive, and aerospace applications.
6. Jiangsu Cnano Technology Co., Ltd.
| Establishment: |
2011 |
| Headquarters: |
Jiangsu, China |
| Website: |
http://www.cnanotechnology.com/en/ |
| Revenue: |
CNY 1.2 Billion+ (approx. USD 170 Million) |
| Employees: |
800+ across China |
| Key CNT Products: |
Single-Wall CNTs, Multi-Wall CNTs, FloTube Dispersions, Lithium Battery Conductive Additives |
Jiangsu Cnano Technology is a company that is engaged in the production, research and development, and sales of graphene and carbon nanotubes. The company's products are used in various commercial applications, including conductive polymer composites, lithium batteries, tyre rubber reinforcement, and antistatic coatings, among others. The company also owns more than 40 domestically and internationally valid patents for processing and preparing single-wall carbon nanotubes and multi-wall carbon nanotubes. Cnano is rapidly scaling production capacity, supported by strong demand from Chinese EV giants including CATL and BYD, and has emerged as one of the dominant suppliers of MWCNT conductive additives in the global lithium-ion battery market. In March 2026, Jiangsu Cnano's multi-walled carbon nanotubes were adopted as standard conductive additives in EV battery cathodes, cutting internal resistance by up to 20 percent, supported by strong demand from CATL and BYD.
7. CHASM Advanced Materials Inc.
| Establishment: |
2015 |
| Headquarters: |
Massachusetts, United States |
| Website: |
https://www.chasmtek.com/ |
| Revenue: |
USD 30 Million+ (approx.) |
| Employees: |
100+ across United States |
| Key CNT Products: |
AgeNT Hybrid CNT Inks, Transparent Conductive Films, CNT Heaters, Specialty Dispersions |
CHASM Advanced Materials is a company that utilises carbon nanotubes (CNTs) for developing new advanced materials for supporting a sustainable and connected world. By leveraging carbon nanotubes, the company manipulates the properties of a product to make a meaningful impact on a global space. The company also offers engineering development and resources to its partners. CHASM produces various forms of single-walled and multi-walled carbon nanotubes that can be readily adapted for diverse applications including plastics, aerospace, automotive heaters, transparent conductive films, and advanced battery systems. The company has become a notable player in hybrid CNT ink technology for printed electronics, smart glass, and EV cabin heating applications.
Share