The Global was valued at USD 151.41 Billion in 2024 and is projected to reach USD 202.54 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period (2024–2030). This growth is being driven by increasing demand for energy storage solutions, the rise of electric vehicles, and the growing adoption of Renewable Energy Sources (RES) across various sectors.
As the world shifts toward sustainable energy solutions, the demand for high-performance battery materials like carbon and graphite felt is rapidly increasing. These materials play a crucial role in Redox Flow Batteries (RFB), which are essential for grid storage, renewable energy integration, and various industrial applications. In this blog, we profile the Top 10 Companies in the Battery Carbon and Graphite Felt Industry—a mix of material science innovators, chemical manufacturers, and energy storage specialists shaping the future of energy storage.
🔟 1. Mersen Group
Headquarters: Paris, France
Key Offering: Graphite felts, carbon composites, and advanced materials
Mersen Group is a global leader in advanced materials, particularly in the field of graphite and carbon products. Their graphite felts are used in high-temperature applications, including batteries and fuel cells.
Innovation Initiatives:
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Development of high-purity graphite felts
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Focus on thermal management and energy storage solutions
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Partnerships with battery manufacturers and research institutions
Download FREE Sample Report: – View in Detailed Research Report
9️⃣ 2. HPMS Graphite
Headquarters: Ohio, USA
Key Offering: Custom graphite felts, carbon composites
HPMS Graphite specializes in high-performance graphite materials, including felts used in aerospace, industrial, and energy applications. Their products are known for their durability and thermal properties.
Innovation Initiatives:
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Custom fabrication of graphite felts for specific industrial needs
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Research into carbon fiber integration
8️⃣ 3. Morgan Advanced Materials
Headquarters: London, United Kingdom
Key Offering: Carbon and graphite felts, thermal management materials
Morgan Advanced Materials is a key player in the carbon and graphite market, offering materials that serve in extreme environments, including aerospace, automotive, and energy sectors.
Innovation Initiatives:
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Development of lightweight carbon composites
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Expansion into battery and energy storage markets
7️⃣ 4. CGT Carbon GmbH
Headquarters: Germany
Key Offering: Specialized graphite felts and composites
CGT Carbon focuses on high-performance carbon and graphite products, including felts used in industrial heating and energy storage.
Innovation Initiatives:
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Development of high-temperature felts
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Collaboration with European energy projects
6️⃣ 5. SGL Carbon
Headquarters: Wiesbaden, Germany
Key Offering: Graphite felts, carbon fibers, advanced composites
SGL Carbon is one of the world’s leading producers of carbon-based products, supplying materials for filtration, aerospace, and energy storage.
Innovation Initiatives:
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Carbon fiber and graphite felts for fuel cells and batteries
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Strategic partnerships with automotive and energy companies
5️⃣ 6. Toray Industries
Headquarters: Tokyo, Japan
Key Offering: Advanced carbon materials, including graphite felts
Toray Industries is a global leader in advanced materials, including carbon fibers and graphite products used in various industries, including energy storage.
Innovation Initiatives:
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Development of carbon materials for lithium-ion and flow batteries
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Investment in next-generation energy storage
4️⃣ 7. American Elements
Headquarters: California, USA
Key Offering: High-purity graphite, carbon felts, advanced materials
American Elements is a major supplier of advanced materials, including graphite felts used in research, development, and industrial applications.
Innovation Initiatives:
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Supply of high-purity materials for R&D
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Custom material synthesis for specialized applications
3️⃣ 8. Cetech
Headquarters: South Korea
Key Offering: Carbon and graphite felts for industrial use
Cetech is a key supplier in the Asian market, providing graphite felts for filtration, energy, and other industrial uses.
Innovation Initiatives:
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Expansion into battery materials market
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Development of cost-effective solutions
2️⃣ 9. Kureha Corporation
Headquarters: Tokyo, Japan
Key Offering: Graphite felts, carbon products
Kureha is a well-established manufacturer of advanced carbon products, including felts used in batteries and other applications.
Innovation Initiatives:
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Focus on battery and energy storage materials
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Investment in graphene and other advanced materials
1️⃣ 10. Nippon Carbon
Headquarters: Tokyo, Japan
Key Offering: Graphite felts, carbon products
Nippon Carbon is a significant player in the Japanese market, supplying carbon and graphite products for industrial and energy applications.
Innovation Initiatives:
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Development of carbon materials for growing markets
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Partnerships with global manufacturers
Download FREE Sample Report: – View in Detailed Research Report
🌍 Outlook: The Future of Battery Carbon and Graphite Felt Is Intertwined with Energy Storage
The battery carbon and graphite felt market is evolving rapidly, driven by the global shift toward renewable energy and the need for efficient energy storage solutions. While traditional applications like filtration and insulation remain important, the growth in Redox Flow Batteries (RFB) and other energy storage systems is driving new demand.
📈 Key Trends Shaping the Market:
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Rising demand for grid-scale energy storage
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Growth of electric vehicles requiring advanced materials
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Increased investment in renewable energy infrastructure
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Research into next-generation battery technologies
Get Full Report Here: – View in Detailed Research Report
The companies listed above are not only supplying essential materials for various industries but are also driving innovation in energy storage and sustainable technology.
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