NANOCYL

What NANOCYL does

Nanocyl SA is a Belgian specialty-chemicals company that produces multi-wall carbon nanotubes (MWCNTs) at industrial scale using a patented Catalytic Chemical Vapor Deposition (CCVD) process originating from two patents filed by the universities of Liège and Namur in 2002. Its flagship NC7000™ MWCNT powder is produced at an annual capacity of 460 metric tons with average diameter of 9.5 nm and average length of 1.5 µm, and is sold both directly and through distributors to compounders, converters, and manufacturers in the electronics, transportation, energy-storage, rubber, and aerospace sectors. The company complements its raw powder with a formulated-product portfolio of masterbatches and dispersions (PLASTICYL™ for thermoplastics, ELASTOCYL™ for elastomers, EPOCYL™ for epoxies, AQUACYL™ for waterborne systems, and ORGACYL™ for solventborne systems), each engineered to deliver electrical conductivity, mechanical reinforcement, thermal management, and flame retardancy at low percolation loadings relative to conventional carbon fillers.

Nanocyl's revenue model combines unit-priced sales of standard powder and masterbatch SKUs (with a 2.5 kg minimum order for NC7000™ and per-product MOQs for formulated grades) with professional-services revenue from custom masterbatch manufacturing, characterization, and laboratory or extrusion trial days. Go-to-market is hybrid: direct enterprise sales with technical-support staff sit alongside non-exclusive distribution partnerships with Safic-Alcan (covering more than 30 European countries), ChemSpec North America (US and Canada), and TPE Solution (South Korea). Sales is supported by industry-trade-show participation (K-Show, Battery Show, Nano tech, RubberCon), a technical case-study library, and a corporate LinkedIn and YouTube presence.

The company was founded in 2002 as an independent Belgian SME, transitioned leadership from founder-era CEO Francis Massin to Laurent Kosbach in May 2014, and was acquired in October 2023 by Birla Carbon, part of India's Aditya Birla Group, to combine MWCNT technology with Birla's Conductex™ conductive carbon black and active anode materials for the energy-storage and lithium-ion-battery markets. Nanocyl holds registered trademarks for each product family, REACH registration in Europe, TSCA PMN registration in the US, and CEPA NSN registration in Canada for its core NC7000™ grade.

Name

NANOCYL

Legal name

Nanocyl SA

Website

https://nanocyl.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Nanocyl SA is a Belgian specialty-chemicals manufacturer that produces multi-wall carbon nanotubes (MWCNTs) via patented CCVD process and sells raw powder and formulated masterbatches to compounders and OEMs in electronics, automotive, energy storage, rubber, and aerospace markets.

Ownership category

akta.pro rank

Product category

Carbon Nanotubes / Nanomaterials

NAICS

Other Basic Organic Chemical Manufacturing (32519), Chemical Manufacturing (325), All Other Basic Organic Chemical Manufacturing (325199), Research and Development in Nanotechnology (541713)

SIC

Industrial Organic Chemicals (2860), Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820)

akta.pro primary industry

Functional Carbon Fillers (Carbon Black, Graphite) (IMAEAFAO)

akta.pro secondary industry

Polymer Compounds & Masterbatches (Compounding, Color/Fill/Additive Concentrates) (IMAEANAJ)

Keywords

• Carbon nanotube materials
• Multi-wall carbon nanotubes
• CNT dispersions
• Conductive additives
• Polymer masterbatches

Headquarters

HQ city

Namur

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. MWCNT Powder Sales: Sale of NC7000™ multi-wall carbon nanotube powder in various packaging sizes (2.5kg boxes, pallets up to 90kg). Minimum order quantity of 2.5 kg.
2. Formulated Products: Sale of CNT masterbatches and dispersions including PLASTICYL™ (thermoplastics), ELASTOCYL™ (elastomers), EPOCYL™ (epoxy), AQUACYL™ (waterborne), ORGACYL™ (solventborne). Products sold in various carrier matrices.
3. Custom Solutions: Custom CNT masterbatch manufacturing and characterization services for specific customer requirements. Laboratory and extrusion trial days available.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

NANOCYL (Nanocyl SA) produces industrial-grade multi-wall carbon nanotubes (MWCNT) under the brand NC7000™ using a patented Catalytic Chemical Vapor Deposition (CCVD) process with annual production capacity of 460 metric tons. The company also sells a formulated portfolio of CNT dispersions and masterbatches—PLASTICYL™ (thermoplastics), AQUACYL™ (waterborne), EPOCYL™ (epoxy), ELASTOCYL™ (elastomers), and ORGACYL™ (solventborne)—plus research-grade NC3100™/NC3101™ grades and custom CNT masterbatch manufacturing services.

Differentiator

Problem solved

Functional benefit

Brands

• NC7000™: Industrial multiwall carbon nanotube (MWCNT) powder - the company's flagship product with annual production capacity of 460 metric tons.
• PLASTICYL™
• AQUACYL™
• ORGACYL™
• ELASTOCYL™
• EPOCYL™
• NC3100™
• NC3101™

Quantifiable outcome

• Truck tire lifetime extended from 40,000 km to 80,000 km with NC7000™ reinforcement
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• ChemSpec North AmericacoreChannel Partner/ Reseller/ Distributor · 1 August 2020Non-exclusive distribution agreement covering United States and Canadian industrial manufacturing markets. ChemSpec focuses on thermoplastic and elastomer compounding markets. A subsidiary of Paris-based Safic Alcan Group.
• Safic-AlcancoreChannel Partner/ Reseller/ Distributor · 17 October 2014Non-exclusive distribution partnership for European market. Safic-Alcan, a pan-European specialty chemical distributor, distributes Nanocyl products including NC7000™ and PLASTICYL™ to rubber and plastics industries. Network covers France, Germany, UK, Netherlands, Belgium, Switzerland, Austria, Spain, Italy, Turkey, Poland, and other European countries.
• TPE Solution (Korea)minorChannel Partner/ Reseller/ DistributorKorean distributor supporting market development in South Korea. Mentioned in context of Belgian State Visit to Republic of Korea.
• European Commission (Horizon 2020)minorStrategic or Co-development PartnerActive in multiple European research projects including Horizon 2020 programs: LIGHTCOCE (lightweight concrete/ceramic materials), INCOMESS (energy scavenging/storage), NEXTCELL (next-gen Li-ion batteries), PLATFORM (nano-enabled composite products). Also participated in FP7 projects: DEROCA (flame retardants), NANOSOLUTIONS, SARISTU, STORAGE, MARINA, NANOCAT, SUN.
• DEROCA Project ConsortiumminorStrategic or Co-development PartnerEuropean collaborative project 'Development of safe and eco-friendly materials based on CNT co-additives for commodity polymers' coordinated by Nanocyl and supported by DG RTD of the European Commission. Focus on halogen-free flame retardant solutions.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• OCSiAl: OCSiAl is the world's largest producer of single-wall carbon nanotubes (TUBALL) and a direct competitor in the industrial CNT market, serving similar applications in batteries, elastomers, and composites with comparable performance claims.
• Arkema: Arkema produces Graphistrength® multi-wall carbon nanotubes and CNT masterbatches, targeting similar applications in composites, electronics, and energy storage, making it a direct competitor in formulated CNT products.
• Cnano Technology: Cnano Technology is a leading Chinese multi-wall carbon nanotube producer supplying conductive additives primarily to lithium-ion battery manufacturers, with overlapping customers and product positioning in Nanocyl's target battery market.
• Showa Denko (Resonac): Resonac (formerly Showa Denko) produces VGCF® vapor-grown carbon fibers (MWCNT-like) used in battery electrodes and composites, competing directly with Nanocyl in energy storage and similar industrial applications.
• Hyperion Catalysis International: Hyperion Catalysis is a pioneer in carbon nanotube manufacturing with Fibril™ nanotubes, overlapping with Nanocyl's MCWNT base in ESD, conductive plastics, and specialty applications.
• LG Chem: LG Chem is a major Korean chemical manufacturer producing multi-wall CNTs for battery electrodes and conductive applications, competing head-on with Nanocyl in the lithium-ion battery additive market and other energy storage segments.

Broad incumbents

• Birla Carbon: Birla Carbon is Nanocyl's parent company and the world's largest carbon black manufacturer; its Conductex™ conductive carbon black products directly compete with and complement Nanocyl's MWCNT offerings in battery and conductive applications.
• Cabot Corporation: Cabot Corporation is a global leader in carbon black and specialty carbons, offering conductive carbon blacks that compete with and substitute for MWCNTs in many ESD and conductivity applications across rubber and plastics.
• Orion S.A. Orion is a major specialty carbon black producer whose conductive carbon blacks compete with MWCNTs in rubber reinforcement, ESD plastics, and battery applications.

Emerging players

• Imerys: Imerys supplies specialty carbon-based fillers and conductive additives for polymers and batteries, providing partial overlap with Nanocyl's functional carbon filler product line in rubber and plastics applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCwJxb8Ri1KqHZukq1zNpLcA
• LinkedInlinkedin.com/company/nanocyl

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NANOCYL