The Global Flow Battery Felt Market was valued at USD 156.8 Million in 2023 and is projected to reach USD 289.4 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 9.1% during the forecast period (2024–2030). This robust growth is fueled by the global transition to renewable energy, increasing investments in grid-scale energy storage systems, and the superior performance characteristics of carbon felt electrodes in vanadium and other flow battery chemistries.
As the energy storage industry shifts toward long-duration, high-efficiency solutions, the critical role of high-performance electrode materials becomes paramount. Flow battery felt, a specialized carbon material, serves as the electrochemically active heart of these systems. In this blog, we profile the Top 10 Companies in the Flow Battery Felt Industry—a group of advanced materials manufacturers and carbon specialists who are enabling the next generation of sustainable energy infrastructure.
🔟 1. SGL Carbon
Headquarters: Wiesbaden, Germany
Key Offering: SIGRACELL® Flexible Graphite Felt, Custom Electrode Solutions
SGL Carbon is a global leader in carbon-based solutions, offering a comprehensive portfolio of graphite felts specifically engineered for flow battery applications. Their SIGRACELL® products are renowned for high electrical conductivity, excellent chemical resistance, and tailored porosity to maximize electrochemical surface area.
Innovation & Market Position:
- Leading supplier to major flow battery OEMs in Europe and North America
- Continuous R&D focused on enhancing felt durability and power density
- Scalable production capabilities to meet growing market demand
Download FREE Sample Report:
Global Flow Battery Felt Market – View in Detailed Research Report
9️⃣ 2. AvCarb
Headquarters: Lowell, Massachusetts, USA
Key Offering: AvCarb® Flexible Graphite Felt, Carbon Paper, Custom Layups
AvCarb, a subsidiary of Mitsubishi Chemical Group, is a premier manufacturer of carbon and graphite-based materials for electrochemical applications. Their flow battery felts are designed for optimal electrolyte flow and reaction kinetics, making them a preferred choice for vanadium redox flow batteries (VRFBs).
Innovation & Market Position:
- Proprietary manufacturing processes for consistent quality and performance
- Strong presence in the North American energy storage market
- Collaborations with national laboratories and research institutions
8️⃣ 3. Sinotek Materials
Headquarters: Shenzhen, China
Key Offering: PAN-based Carbon Felt, Graphitized Felt for Flow Batteries
Sinotek Materials is a key Chinese player specializing in advanced carbon materials. The company produces high-quality carbon felts derived from polyacrylonitrile (PAN) precursor, which are then graphitized to achieve the desired electrical and mechanical properties for long-life flow battery operation.
Innovation & Market Position:
- Dominant supplier within China’s rapidly expanding flow battery sector
- Cost-competitive manufacturing leveraging domestic supply chains
- Focus on increasing the specific surface area of their felt products
7️⃣ 4. CGT Carbon GmbH
Headquarters: Willich, Germany
Key Offering: Carbon and Graphite Felts, Thermal Management Materials
CGT Carbon GmbH is a European specialist in high-temperature and electrochemical carbon materials. Their flow battery felts are known for high purity and structural integrity, catering to the demanding requirements of commercial and utility-scale energy storage projects.
Innovation & Market Position:
- Expertise in tailoring felt properties for different flow battery chemistries
- Strong technical support and customer collaboration
- Strategic focus on the European Union’s green energy initiatives
Download FREE Sample Report:
Global Flow Battery Felt Market – View in Detailed Research Report
6️⃣ 5. Chemshine Carbon
Headquarters: Xinxiang, Henan, China
Key Offering: Carbon Felt, Graphite Felt, Carbon Fiber Textiles
Chemshine Carbon is a significant manufacturer of carbon-based products with a growing focus on the energy storage sector. The company produces a range of felts that serve as cost-effective and reliable electrodes for flow batteries, particularly in the Asian market.
Innovation & Market Position:
- Rapid scaling of production capacity to meet regional demand
- Competitive pricing strategy for emerging market penetration
- Investment in quality control systems to ensure product consistency
5️⃣ 6. Morgan Advanced Materials
Headquarters: Windsor, United Kingdom
Key Offering: Specialty Graphite, Carbon Foams, Advanced Ceramics
Morgan Advanced Materials brings its extensive expertise in carbon and graphite to the flow battery market. While not exclusively a felt manufacturer, the company develops specialized carbon components and materials that can be adapted for use in advanced electrochemical systems, including next-generation flow batteries.
Innovation & Market Position:
- Material science expertise applied to electrochemical challenges
- Focus on high-performance, niche applications
- Global reach with a strong reputation in industrial materials
4️⃣ 7. Toyobo Co., Ltd.
Headquarters: Osaka, Japan
Key Offering: Ion Exchange Membranes, Functional Polymers, Advanced Textiles
While Toyobo is best known for its ion exchange membranes critical to flow batteries, the company’s expertise in polymer and fiber technology positions it as a potential innovator in electrode materials. Their research into functionalized carbon materials could lead to future felt products with enhanced catalytic properties.
Innovation & Market Position:
- World-leading supplier of key flow battery components (membranes)
- Deep R&D capabilities in materials science
- Strategic partnerships with battery system integrators
3️⃣ 8. Kureha Corporation
Headquarters: Tokyo, Japan
Key Offering: Specialty Carbons, Graphite Products, Polymers
Kureha Corporation is a chemical company with a strong foundation in carbon products, including graphite electrodes and specialty carbons. Their technical capabilities in carbon science make them a notable player with the potential to supply high-quality materials for the energy storage sector.
Innovation & Market Position:
- Long history of manufacturing high-purity carbon materials
- Focus on performance and reliability for demanding applications
- Established supply chains in Asia and internationally
2️⃣ 9. Cetech Co., Ltd.
Headquarters: Cheongju, South Korea
Key Offering: Carbon Felt, Graphitization Services, C/C Composites
Cetech is a South Korean company specializing in carbon and graphite materials. They produce carbon felts suitable for various high-temperature and electrochemical applications, including flow batteries, and serve a growing customer base in the East Asian energy storage market.
Innovation & Market Position:
- Regional expertise and responsive customer service
- Investment in graphitization furnaces for high-temperature processing
- Alignment with South Korea’s strong battery and electronics industry
1️⃣ 10. Gelon LIB Group
Headquarters: Qingdao, China
Key Offering: Carbon Felt, Graphite Bipolar Plates, Battery Materials
Gelon LIB Group is a Chinese manufacturer with a diverse portfolio of materials for the battery industry. The company produces carbon felts for flow batteries, leveraging its experience in supplying components for the broader energy storage sector and competing on price and volume.
Innovation & Market Position:
- Integrated production from raw materials to finished felts
- Focus on serving domestic Chinese flow battery projects
- Agile manufacturing and competitive cost structure
Get Full Report Here:
Global Flow Battery Felt Market – View in Detailed Research Report
🌍 Outlook: The Future of Flow Battery Felt is High-Performance and Cost-Effective
The flow battery felt market is evolving rapidly alongside the energy storage industry it supports. While current materials provide a solid foundation, the focus is shifting toward next-generation felts that offer higher power density, longer lifespan, and reduced manufacturing costs to make flow batteries more competitive.
📈 Key Trends Shaping the Market:
- Development of surface-treated and activated felts to enhance electrochemical activity
- Integration of felt materials with bipolar plates for simplified stack design
- Growing demand for large-format, uniform felts for multi-megawatt hour projects
- Increasing standardization of felt specifications to ensure interoperability and reliability
Get Full Report Here:
Global Flow Battery Felt Market – View in Detailed Research Report
The companies listed above are not just supplying materials—they are enabling the backbone of grid resilience and the large-scale integration of renewable energy worldwide.
- Top 10 Companies in the Methyl CLT Acid Industry (2026): Market Leaders Fueling Global Pigment Manufacturing - January 21, 2026
- Top 10 Companies in the Steel Wire for Cable Armouring Industry (2026): Market Leaders Strengthening Global Infrastructure - January 21, 2026
- Top 10 Companies in the Polylactic Acid Bioplastic Industry (2026): Innovators Driving the Sustainable Materials Revolution - January 21, 2026
