Advanced Nano Products

What Advanced Nano Products does

Advanced Nano Products Co., Ltd. (ANP), founded in 2000 and listed on KOSDAQ (ticker 121600) since 2011, is a South Korean specialty nanomaterials manufacturer headquartered in Sejong-si. The company's core competency lies in proprietary nanoparticle synthesis and dispersion technologies applied to metal and non-metal oxides, with a portfolio spanning six product categories: CNT conductive slurries for secondary batteries, hollow silica nanoparticles for low-refractive/low-dielectric applications, ceria-based CMP slurries for semiconductors, silver nano inks for printed electronics, functional coating materials, and transparent conductive oxide sputtering targets (ITO, IZO, AZO, GZO, SCOT, IGZO). These materials are sold as process inputs to industrial manufacturers in the secondary battery (EV/energy storage), display (LCD/OLED/LED/TSP), semiconductor, solar photovoltaic, and specialty film industries.

ANP operates a B2B direct enterprise sales model, distributing exclusively through its website product inquiry system, regional subsidiaries, and overseas manufacturing facilities. The company has built a global manufacturing footprint spanning five countries: Korea (headquarters, Daejeon and Jeonui factories), the United States (ANP Enertech Inc., with California office and Kentucky factory completed March 2024), Poland (factory completed June 2024), Japan (subsidiary in Yokohama and factory in Tahara), and China (Wujiang facility). Revenue is generated through direct hardware sales of these nanomaterials, with 2025 reported revenue of 111,745 million KRW (~$83M USD), up from 87,767 million KRW in 2024 and 83,170 million KRW in 2023, following a 200 billion KRW (~$150M) mezzanine financing round in 2023 earmarked for secondary battery material expansion. Key certifications include ISO 9001, ISO 14001, ISO 45001, and IATF 16949, alongside multiple Korean government designations (Global Hidden Champion 2010, World Class Company 2009, World Class Product certifications 2016).

ANP's strategic positioning emphasizes proximity to global battery and display supply chains, regulatory tailwinds from PFAS regulation driving demand for hollow silica alternatives, and qualifications in automotive (IATF 16949) and electronics verticals. The fastest-growing segment is secondary battery materials, with overseas factories completed in 2024 expected to drive further revenue growth as they reach full mass production. U.S. Treasury Secretary Janet Yellen's March 2024 visit to ANP's Kentucky facility highlighted the company's strategic role in the North American EV battery supply chain under Biden administration clean energy policies.

Name

Advanced Nano Products

Legal name

Advanced Nano Products Co., Ltd.

Website

https://anapro.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Advanced Nano Products (ANP) is a South Korean specialty nanomaterials manufacturer founded in 2000 and listed on KOSDAQ. It supplies CNT conductive slurries, hollow silica, ceria CMP slurries, sputtering targets, and silver nano inks to secondary battery, display, semiconductor, solar PV, and printed electronics manufacturers across five countries.

Ownership category

akta.pro rank

Product category

Nanomaterials

NAICS

Semiconductor and Other Electronic Component Manufacturing (33441), Semiconductor and Related Device Manufacturing (334413), Paint and Coating Manufacturing (325510)

SIC

Semiconductors & Related Devices (3674), Industrial Organic Chemicals (2860), Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851)

akta.pro primary industry

Thin-Film Deposition Materials (PVD/CVD/ALD Targets & Precursors) (HDAHAGAH)

akta.pro secondary industries

Solid-State Battery Materials & Cell Manufacturing (EUAFABAH), Dielectrics & Insulating Materials Chemicals (Low-k/High-k precursors) (IMAEAKAJ), Metallization & Plating Chemicals (Cu/Co/Ru/Barrier & Seed) (HDAHAGAK), Conductive/ESD & EMI-Shielding Compounds (IMANABAH)

Keywords

• Nanomaterials manufacturing
• CNT conductive slurries
• CMP polishing slurries
• Sputtering targets
• Printed electronics materials

Headquarters

HQ city

Sejung

HQ country

South Korea

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Operations, Personnel

Revenue model

1. Sale of Nanomaterials and Advanced Materials: ANP generates revenue through the manufacture and sale of advanced nanomaterials including CNT conductive slurries for secondary batteries, hollow silica, ceria CMP slurries, sputtering targets, functional coating materials, and printed electronics materials. Revenue is derived from direct B2B sales to industrial manufacturers in the secondary battery, display, semiconductor, solar, and specialty film industries globally. The company has both domestic (Korea) and international revenue streams as evidenced by export tower awards and overseas factory operations.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Advanced Nano Products manufactures and sells engineered nanomaterials used as industrial inputs, including CNT conductive slurries for secondary batteries, hollow silica, ceria CMP slurries for semiconductors, sputtering targets, functional coatings, and printed electronics materials. These products are sold to manufacturers of batteries, displays, semiconductors, and solar photovoltaic products.

Product overview

Advanced Nano Products (ANP) is a nanomaterial manufacturer offering six core product categories: Battery Materials (Carbon Nanotube conductive slurries for secondary batteries), Hollow Silica (HS/LS series for low-refractive and low-dielectric applications), Printed Electronics (Silverjet ink, Silver Paste, Silver Nanowire for conductive applications), Semiconductor Materials (Ceria slurry for CMP processes), Functional Coating Materials (Anti Reflectance, Anti-static, Transparent Conductive Oxide, Insulation coatings), and Sputtering Targets (ITO, IZO, AZO, GZO, SCOT, IGZO for displays and solar cells). The company supplies nanomaterials to industries including displays, photovoltaics, semiconductors, secondary batteries, and specialty films, serving both domestic Korean and global markets.

Differentiator

Problem solved

Functional benefit

Products and services

• CNT conductive slurries

Quantifiable outcome

• ANP raised approximately 200 billion KRW (~US$150 million) through mezzanine financing in 2023 to fund secondary battery material expansion
• +2 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• ANP Enertech Inc. (U.S. Subsidiary)coreOthers · 1 July 2022ANP's U.S. subsidiary established in Pleasanton, California, with a manufacturing facility in Elizabethtown, Kentucky. The subsidiary enables ANP to serve the North American secondary battery and EV supply chain, and was visited by U.S. Treasury Secretary Janet Yellen in March 2024 as part of a tour highlighting clean energy investment in coal country under Biden administration tax credits.
• ANP Enertech Sp. z o.o. (Poland Subsidiary)coreOthers · 1 July 2022ANP's Polish subsidiary established in Skarbimierz-Osiedle, Poland, with a manufacturing facility completed in June 2024. The subsidiary serves the European market for advanced nanomaterials used in secondary batteries, displays, and green industry applications.
• ANP ENERTECH CO., LTD. (Japan Subsidiary)coreOthers · 1 July 2021ANP's Japanese subsidiary established in 2021, with a subsidiary office in Yokohama and a factory in Tahara, Aichi Prefecture. The subsidiary serves the Japanese market for nanomaterials in displays, electronics, and secondary batteries.
• ANP China Factory (China Subsidiary)coreOthers · 1 December 2019ANP's Chinese subsidiary and manufacturing facility established in Wujiang Economic Development Zone, Jiangsu Province, China in December 2019. The subsidiary serves the Chinese market for nanomaterials in displays, electronics, and secondary batteries.
• Samsung Seoul Hospital (Social Contribution Partner)minorOthersANP provides financial support to Samsung Seoul Hospital to fund the treatment of pediatric cancer patients from low-income families, as part of its corporate social responsibility and social contribution activities.
• Samsung Electronics (inferred customer)minorOthersSamsung Seoul Hospital is mentioned in ANP's social contribution activities, and Samsung is a major Korean electronics company. However, no explicit commercial partnership between ANP and Samsung Electronics is documented in the available sources.

Scale indicators6 records

Recent moves19 records

Expansion highlights6 records

Direct peers

• Cabot Corporation: Cabot is a major global supplier of carbon black and CNT-based conductive additives for lithium-ion batteries, directly competing with ANP's CNT slurry product line. Both companies serve EV battery cathode and anode additive markets with comparable material technologies.
• Resonac (formerly Showa Denko): Resonac is a global leader in CMP slurries and sputtering targets, with product lines that directly overlap ANP's ceria CMP slurries and ITO/IZO sputtering targets for semiconductor and display applications. Comparable specialty electronic materials supplier serving similar OEM customers.
• Tokuyama Corporation: Tokuyama is a Japanese chemical company producing specialty inorganic materials including high-purity silica and electronic chemicals. Comparable peer for ANP's hollow silica and semiconductor material product lines serving display and semiconductor customers.
• JSR Corporation: JSR is a Japanese specialty materials company with strong positions in semiconductor CMP slurries and electronic materials. Comparable peer for ANP's ceria slurry business and semiconductor materials segment, serving overlapping fab customers.

Regional players

• POSCO Future M: POSCO Future M is a leading Korean battery materials supplier (cathode active materials, anode materials) serving major Korean and global EV OEMs. It competes with ANP in the Korean battery materials ecosystem and represents a closely comparable Korean-listed peer for investors.
• SKC Co., Ltd. SKC is a Korean chemical and materials company with a growing battery materials business including copper foil and CNT conductive materials. Directly comparable Korean-listed peer competing with ANP in CNT additives for EV batteries.

Broad incumbents

• Mitsubishi Chemical Group: Mitsubishi Chemical is a major diversified chemical and electronic materials supplier with carbon nanotube, battery materials, and display materials portfolios. Its broad portfolio overlaps with ANP's CNT slurries and functional coatings, making it a key competitive incumbent.
• LG Chem: LG Chem is Korea's largest chemical/materials company and a leading battery cathode and CNT conductive materials supplier. It competes with ANP in CNT additives for secondary batteries and offers significantly greater scale and R&D resources, making it a key incumbent benchmark for ANP's battery materials business.
• Sumitomo Metal Mining: Sumitomo Metal Mining produces sputtering targets (ITO and other transparent conductive oxides) and nickel-based battery materials. Directly overlaps with ANP's sputtering target product line for display and solar cell applications.

Emerging players

• NanoXplore / OCSiAl: NanoXplore is a Canadian graphene and CNT producer, while OCSiAl is a leading single-wall CNT supplier — both emerging players in the conductive additives space directly competing with ANP's CNT slurry business in the battery and composites markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/anpglobal
• LinkedInlinkedin.com/company/advanced-nano-products-usa-inc-

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors1 record

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 Advanced Nano Products