The Global Thermally Conductive Graphite Film Market was valued at USD 1059.10 Million in 2023 and is projected to reach USD 1221.06 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.40% during the forecast period (2024–2029). This growth is primarily driven by the relentless miniaturization of electronic devices, soaring demand for high-performance smartphones, the proliferation of 5G technology, and the increasing need for efficient thermal management in electric vehicles and advanced displays.

As the electronics industry pushes the boundaries of power and compactness, effective heat dissipation has become a critical performance and safety factor. In this landscape, thermally conductive graphite films are emerging as a superior solution. In this blog, we profile the Top 10 Companies in the Thermally Conductive Graphite Film Industry—a group of material science innovators and manufacturing leaders who are setting the standard for thermal management worldwide.

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🔟 1. Kaneka Corporation

Headquarters: Osaka, Japan
Key Offering: PyroGraph® and Hi-Wave™ Graphite Sheets

Kaneka Corporation is a global leader in advanced materials, renowned for its high-performance PyroGraph® graphite sheets. These films are manufactured from polyimide film through a high-temperature graphitization process, resulting in exceptional in-plane thermal conductivity. Kaneka’s products are critical components in smartphones, tablets, and laptops from leading electronics brands.

Innovation Focus:

• Development of ultra-thin, high-thermal-conductivity films

• Focus on enhancing film flexibility for complex device designs

• Expansion into automotive electronics and server cooling applications

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9️⃣ 2. Panasonic Corporation

Headquarters: Kadoma, Osaka, Japan
Key Offering: PGS (Pyrolytic Graphite Sheet)

Panasonic’s PGS is one of the most recognized brands in the graphite film market. Known for its极高thermal conductivity, which is significantly higher than copper or aluminum, Panasonic’s graphite sheets are extensively used for heat dissipation in mobile devices, communication base stations, and LED lighting systems.

Innovation Focus:

• Continuous improvement of PGS thermal performance

• Integration of graphite films with other thermal interface materials (TIMs)

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8️⃣ 3. Jones Tech PLC

Headquarters: Shenzhen, Guangdong, China
Key Offering: Artificial Graphite Films, Composite Thermal Materials

Jones Tech is a major Chinese player specializing in electromagnetic shielding and thermal management materials. The company has made significant investments in artificial graphite film production capacity, positioning itself as a key supplier to the vast domestic and international consumer electronics supply chain.

Innovation Focus:

• Cost-effective mass production of high-quality graphite films

• Developing solutions for 5G infrastructure and automotive ADAS systems

Download FREE Sample Report: Global Thermally Conductive Graphite Film Market – View in Detailed Research Report

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7️⃣ 4. NeoGraf Solutions

Headquarters: Lakewood, Ohio, USA
Key Offering: GrafGard® and Grafoil® Flexible Graphite

NeoGraf Solutions, formerly GrafTech International, is a leading global manufacturer of graphite-based solutions. While historically focused on industrial applications, NeoGraf produces flexible graphite sheets that are used in various thermal management scenarios, leveraging decades of expertise in graphite material science.

Innovation Focus:

• Scaling production of natural graphite-based films

• Application engineering for e-mobility and energy storage systems

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6️⃣ 5. Changzhou Fuxi Technology Co., Ltd.

Headquarters: Changzhou, Jiangsu, China
Key Offering: Artificial Graphite Heat Dissipation Films

Changzhou Fuxi Technology is a specialized manufacturer of thermal management materials, with a strong focus on artificial graphite films. The company serves a broad customer base in the consumer electronics sector, providing essential cooling components for smartphones, wearables, and networking equipment.

Innovation Focus:

• Enhancing the thermal conductivity and mechanical strength of films

• Expanding market share in the rapidly growing EV battery thermal management segment

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5️⃣ 6. Toyo Tanso Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Isobaric Graphite Sheets, Carbon & Graphite Products

Toyo Tanso is a Japanese specialty carbon and graphite product manufacturer with a long history of innovation. The company’s isobaric graphite sheets offer excellent thermal diffusion properties and are used in high-end electronics where reliability and performance are paramount.

Innovation Focus:

• Research into next-generation carbon materials for thermal management

• Focus on high-reliability applications in aerospace and defense

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4️⃣ 7. Stoneplus Thermal Management Technologies

Headquarters: Shanghai, China
Key Offering: S-PGS Series Graphite Films

Stoneplus is a dedicated thermal solution provider in China, offering a range of products including its S-PGS series synthetic graphite films. The company focuses on providing customized thermal management solutions for specific customer requirements in the electronics industry.

Innovation Focus:

• Customization of film thickness and adhesion properties

• Development of thermal simulation services to complement product offerings

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3️⃣ 8. Tanyuan Technology Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: Tanygraph® Graphite Heat Spreading Films

Tanyuan Technology is an emerging force in the graphite film market, specializing in the research, development, and production of artificial graphite films. The company has built a reputation for quality and is becoming an increasingly important supplier within the Asian electronics manufacturing ecosystem.

Innovation Focus:

• Increasing production yield and efficiency

• Targeting applications in ultra-thin foldable devices

Download FREE Sample Report: Global Thermally Conductive Graphite Film Market – View in Detailed Research Report

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2️⃣ 9. Suzhou Dasen Electronics Material Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: DSG Series Graphite Films

Suzhou Dasen specializes in materials for electronics packaging and thermal management. The company’s DSG series graphite films are designed to meet the demanding thermal requirements of modern microprocessors and power management ICs in compact devices.

Innovation Focus:

• Development of multi-layer composite thermal materials

• Focus on improving high-temperature stability of films

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1️⃣ 10. Lodestar Technology Co., Ltd.

Headquarters: Shenzhen, Guangdong, China
Key Offering: LST Graphite Films, Thermal Interface Materials

Lodestar Technology is a supplier of a wide range of thermal management products, including its line of high-performance graphite films. The company serves a diverse clientele, from smartphone makers to automotive electronics manufacturers, providing integrated thermal solutions.

Innovation Focus:

• Combining graphite films with phase change materials and thermal pads

• Expanding into thermal solutions for data center hardware

Get Full Report Here: Global Thermally Conductive Graphite Film Market – View in Detailed Research Report

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🌡️ Outlook: The Future of Thermal Management Is Thinner, Smarter, and More Integrated

The thermally conductive graphite film market is experiencing a pivotal transformation. While traditional applications in smartphones continue to drive volume, the industry is rapidly innovating to meet the demands of next-generation technologies such as foldable displays, high-power 5G chipsets, and electric vehicle power electronics.

📈 Key Trends Shaping the Market:

• Ultra-Thin Films: Development of sub-10-micron films for increasingly compact devices.

• Multi-Functional Materials: Integration of electromagnetic interference (EMI) shielding properties with thermal conductivity.

• Automotive Electrification: Rising demand for reliable thermal management in EV battery packs, power inverters, and onboard chargers.

• Sustainability: Growing focus on recyclable and environmentally friendly production processes for graphite films.

The companies listed above are not just supplying materials—they are enabling the technological advancements that define modern electronics by keeping them cool, efficient, and reliable.

Get Full Report Here: Global Thermally Conductive Graphite Film Market – View in Detailed Research Report