Top 10 Companies in the Artificial Graphite Sheet Market (2026): Key Players Driving Thermal Management Innovation

In Business Insights
February 11, 2026


The Global Artificial Graphite Sheet Market was valued at USD 841.5 Million in 2023 and is projected to reach USD 1.52 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period (2024–2030). This robust growth is fueled by the escalating demand for efficient thermal management solutions in consumer electronics, electric vehicles, and telecommunications infrastructure.

As electronic devices become more powerful and compact, effective heat dissipation is no longer a luxury but a critical design requirement. In this landscape, artificial graphite sheets have emerged as a superior thermal interface material. In this blog, we profile the Top 10 Companies in the Artificial Graphite Sheet Industry—a mix of established material science giants and specialized innovators shaping the future of thermal management.


🔟 1. Kaneka Corporation

Headquarters: Osaka, Japan
Key Offering: PyroGraph®, Highly Oriented Pyrolytic Graphite (HOPG) Sheets

Kaneka Corporation is a global leader in advanced materials, with its PyroGraph® artificial graphite sheets being a benchmark for high thermal conductivity. The company leverages proprietary pyrolysis technology to produce sheets with exceptional in-plane thermal conductivity, making them ideal for dissipating heat from concentrated hotspots in smartphones, tablets, and 5G equipment.

Innovation & Market Leadership:

  • Pioneer in developing HOPG technology for commercial use
  • Focus on ultra-thin and flexible graphite sheets for next-generation foldable devices
  • Strategic partnerships with leading smartphone OEMs worldwide

Download FREE Sample Report:
Artificial Graphite Sheet Market – View in Detailed Research Report


9️⃣ 2. Panasonic Corporation

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

Panasonic’s electronic materials division is a major force in the artificial graphite sheet market. Its PGS product line boasts one of the highest thermal conductivity ratings available, rivaling that of diamond. The company supplies these critical components to a vast global network of electronics manufacturers, ensuring device reliability and performance.

Innovation & Market Leadership:

  • World-leading thermal conductivity performance (up to 1950 W/m·K)
  • Extensive R&D investments in material purity and manufacturing scalability
  • Integrated supply chain from raw graphite to finished thermal management modules

8️⃣ 3. NeoGraf Solutions

Headquarters: Lakewood, Ohio, USA
Key Offering: GrafGuard® Graphene-Enhanced Graphite Sheets, Flexible Graphite Products

NeoGraf Solutions, building on the legacy of GrafTech, is a leading North American producer of graphite-based materials. The company specializes in flexible graphite sheets and has been innovating with graphene enhancements to push the boundaries of thermal performance, EMI shielding, and material flexibility for diverse industrial applications.

Innovation & Market Leadership:

  • Strong focus on the North American EV battery and data center markets
  • Development of eco-friendly and recyclable graphite solutions
  • Customizable sheet properties for specific thermal and mechanical requirements

7️⃣ 4. Toyo Tanso Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: IG Series Isotropic Graphite, Flexible Graphite Sheets

Toyo Tanso is a Japanese specialty carbon and graphite product manufacturer with a significant presence in the high-performance graphite sheet segment. The company’s products are known for their high purity, isotropy, and reliability, serving demanding applications in semiconductor manufacturing equipment and high-power LED lighting.

Innovation & Market Leadership:

  • Expertise in isotropic graphite for uniform thermal expansion
  • High-temperature stability for industrial and automotive applications
  • Strong market position in Asia-Pacific’s semiconductor supply chain

Download FREE Sample Report:
Artificial Graphite Sheet Market – View in Detailed Research Report


6️⃣ 5. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: DuPont™ Bergquist® Sil-Pad® K Series with Graphite

DuPont, through its Bergquist brand, offers advanced thermal management solutions that incorporate graphite technology. While not solely a graphite sheet producer, DuPont integrates artificial graphite into its thermally conductive gap filler pads and interface materials, providing complete thermal management systems for automotive and industrial electronics.

Innovation & Market Leadership:

  • System-level thermal solution provider
  • Combining graphite with other high-performance materials like silicones
  • Global reach and technical support for complex engineering challenges

5️⃣ 6. Jones Tech PLC

Headquarters: Zhuhai, Guangdong, China
Key Offering: High Thermal Conductivity Graphite Films, Graphene Composite Sheets

Jones Tech is a leading Chinese manufacturer specializing in EMI shielding and thermal management materials. The company has made significant strides in the artificial graphite sheet market, supplying cost-effective and high-performance solutions to the massive domestic consumer electronics industry and expanding its footprint globally.

Innovation & Market Leadership:

  • Rapid scaling of production capacity to meet booming demand
  • Focus on cost-optimized solutions for mass-market electronics
  • Strong R&D in graphene and other carbon nanocomposites

4️⃣ 7. T-global Technology Co., Ltd.

Headquarters: New Taipei City, Taiwan
Key Offering: TG-AGS Series Artificial Graphite Sheets, Thermal Interface Materials

T-global Technology is a prominent supplier of thermal management solutions, with a comprehensive portfolio that includes high-quality artificial graphite sheets. The company serves a broad base of customers in computing, networking, and telecommunications, providing reliable thermal solutions that enhance product longevity and performance.

Innovation & Market Leadership:

  • Wide range of thickness and performance grades
  • Strong distribution network across Asia and North America
  • Focus on providing application-specific technical support

3️⃣ 8. Carbon Yuan Technology Co., Ltd.

Headquarters: Shenzhen, Guangdong, China
Key Offering: CY Graphite Films, Nano-Graphite Thermal Pads

Carbon Yuan Technology is a specialized manufacturer focused exclusively on graphite-based thermal materials. The company has built a reputation for quality and consistency, supplying graphite sheets to OEMs and component suppliers in the competitive smartphone and wearable device markets.

Innovation & Market Leadership:

  • Specialization in ultra-thin graphite films for compact devices
  • Efficient manufacturing processes enabling competitive pricing
  • Agile response to the fast-paced consumer electronics design cycles

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

Headquarters: Suzhou, Jiangsu, China
Key Offering: DSG Series Graphite Sheets, Double-Sided Adhesive Graphite Films

Suzhou Dasen is a key player in China’s material science sector, producing a variety of thermal interface materials, including artificial graphite sheets. The company’s products are widely used in LED displays, power modules, and communication devices, benefiting from China’s strong manufacturing ecosystem.

Innovation & Market Leadership:

  • Development of adhesive-integrated graphite sheets for easier assembly
  • Focus on the fast-growing LED and electric vehicle sectors
  • Commitment to meeting international quality and environmental standards

1️⃣ 10. Changzhou Fuxi Technology Co., Ltd.

Headquarters: Changzhou, Jiangsu, China
Key Offering: Fuxi Graphite Films, Composite Thermal Materials

Completing the top ten is Changzhou Fuxi Technology, an innovative manufacturer that has gained significant market share by providing reliable and cost-effective artificial graphite sheets. The company caters to the burgeoning demand for thermal management in mid-range and entry-level electronic devices.

Innovation & Market Leadership:

  • Strategic focus on the value segment of the electronics market
  • Continuous improvement of production yield and material performance
  • Expanding product portfolio to include more advanced thermal composites

Get Full Report Here:
Artificial Graphite Sheet Market – View in Detailed Research Report


🌍 Outlook: The Future of Thermal Management is Smarter and More Integrated

The artificial graphite sheet market is experiencing a paradigm shift. While traditional sheets continue to be volume leaders, the industry is rapidly advancing toward multifunctional composite materials, hybrid cooling solutions, and smarter thermal management systems driven by AI and IoT.

📈 Key Trends Shaping the Market:

  • Integration of graphene and carbon nanotubes to achieve ultra-high thermal conductivity exceeding 2000 W/m·K
  • Rise of hybrid thermal solutions combining graphite with heat pipes, vapor chambers, and phase change materials
  • Growing demand from the electric vehicle sector for battery thermal management and power electronics cooling
  • Increased adoption in data centers and 5G infrastructure to manage heat from high-performance computing

Get Full Report Here:
Artificial Graphite Sheet Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials—they are enabling the next wave of technological innovation by keeping our devices cool, efficient, and reliable.