An isotropic carbon alloy is formed from various carbon allotropes such as SWCNT, fullerenes, MWCNT, diamond-like carbon, diamond, nanocrystalline diamond, diamondoids, amorphous carbon, graphitic polyhedral crystals, graphite, graphene, HOPG, and hydrogenated amorphous carbon. The SWCNTs are present in different morphologies such as ropes, bundles, single filaments, tangled webs, etc. The SWCNT have large aspect ratios and weave throughout the alloy. Many morphologies of ICA are possible with a range of properties attainable as a function of the composition of carbon allotropes and post-processing techniques. Post-processing can be done to enhance particular properties of the ICA and may include HIP, furnace heating, ion beam irradiation, electron beam irradiation, laser irradiation, electric resistive heating, inductive heating, IR irradiation, etc. Contaminants may be present in the ICA as a consequence of the process equipment, process feedstock, or catalysts used in the reactors.