The Global Thermally Conductive Graphite Film Market was valued at USD 1,059.10 Million in 2023 and is projected to reach USD 1,221.06 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.40% during the forecast period. This steady growth is propelled by the escalating demand for efficient thermal management solutions in compact electronic devices such as smartphones, tablets, and high-performance computing systems, coupled with the rapid expansion of the 5G infrastructure and electric vehicle sectors.

As electronic components become more powerful and densely packed, managing heat dissipation is critical for performance, reliability, and longevity. Thermally conductive graphite films, known for their exceptional in-plane thermal conductivity and lightweight flexibility, are at the forefront of this challenge. In this blog, we profile the Top 10 Companies in the Thermally Conductive Graphite Film Industry—a group of material science innovators and manufacturing giants shaping the thermal management landscape.

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🔟 1. Kaneka Corporation

Headquarters: Osaka, Japan
Key Offering: PyroGraph® High Thermal Conductive Graphite Sheets

Kaneka is a global leader in advanced materials, and its PyroGraph® graphite sheets are renowned for their ultra-high thermal conductivity, which is several times greater than copper. These sheets are extensively used in smartphones, laptops, and telecommunications equipment to prevent overheating and ensure stable performance.

Innovation and Market Position:

• Pioneer in Polyimide (PI)-based graphite film technology

• Continuous R&D focused on enhancing thermal conductivity and lowering costs

• Strong supply relationships with major smartphone OEMs worldwide

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9️⃣ 2. Panasonic Corporation

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

Panasonic’s PGS is a benchmark product in the industry, offering exceptional heat-spreading capabilities. The material is manufactured through a high-temperature pyrolysis process, resulting in a film with a highly oriented crystal structure ideal for drawing heat away from critical components in consumer electronics.

Innovation and Market Position:

• Vertically integrated production from raw materials to finished sheets

• Products widely adopted in gaming consoles, servers, and automotive electronics

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Global Thermally Conductive Graphite Film Market – View in Detailed Research Report

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8️⃣ 3. NeoGraf Solutions

Headquarters: Lakewood, Ohio, USA
Key Offering: GrafTech® Flexible Graphite Films

NeoGraf Solutions, formerly GrafTech International, is a leading global supplier of graphite-based thermal management materials. Their flexible graphite films are used in a broad range of applications, from mobile devices to power electronics, leveraging natural graphite’s inherent conductivity.

Innovation and Market Position:

• Expertise in both natural and synthetic graphite processing

• Focus on providing cost-effective solutions for high-volume applications

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7️⃣ 4. Toyo Tanso Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Highly Oriented Graphite Sheets

Toyo Tanso is a specialist in carbon and graphite products. The company produces high-performance, highly oriented graphite sheets that exhibit superior thermal conductivity, making them suitable for demanding applications in LED lighting, power semiconductors, and aerospace electronics.

Innovation and Market Position:

• Advanced manufacturing techniques for high-purity graphite

• Serves niche, high-value markets requiring extreme thermal performance

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6️⃣ 5. Jones Tech PLC

Headquarters: Jiangsu, China
Key Offering: Synthetic Graphite Films for EMI Shielding and Heat Dissipation

Jones Tech is a key Chinese player specializing in electromagnetic interference (EMI) shielding and thermal management materials. The company has rapidly grown its market share by supplying synthetic graphite films to the booming domestic consumer electronics and telecommunications industries.

Innovation and Market Position:

• Integrated solutions combining thermal management with EMI shielding

• Significant production capacity to meet large-scale demand from Chinese OEMs

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

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5️⃣ 6. Lodestar Technology Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: Ultra-Thin Graphite Heat Spreaders

Lodestar Technology focuses on the development and manufacturing of ultra-thin graphite films. Their products are designed for space-constrained applications in modern smartphones, wearables, and ultra-thin laptops, where minimal thickness is as crucial as thermal performance.

Innovation and Market Position:

• Specialization in sub-100 micron thick films

• Strong R&D focus on improving the mechanical strength of thin films

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4️⃣ 7. Changzhou Fuxi Technology Co., Ltd.

Headquarters: Changzhou, Jiangsu, China
Key Offering: PI-based and Natural Graphite Films

Changzhou Fuxi Technology is a significant manufacturer in China’s graphite film ecosystem. The company produces a variety of thermally conductive materials, catering to both the cost-sensitive and high-performance segments of the electronics market.

Innovation and Market Position:

• Diverse product portfolio for different application requirements

• Growing export business to international electronics manufacturers

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3️⃣ 8. Suzhou Dasen Electronics Material Co., Ltd.

Headquarters: Suzhou, Jiangsu, China
Key Offering: Graphite Heat Spreading Films and Tapes

Suzhou Dasen specializes in materials for electronic packaging and thermal management. The company offers graphite films along with adhesive tapes, providing complete solutions for attaching heat spreaders to components within devices.

Innovation and Market Position:

• Focus on the entire thermal interface material (TIM) value chain

• Strategic positioning within China’s major electronics manufacturing hubs

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2️⃣ 9. Tanyuan Technology Co., Ltd.

Headquarters: Shenzhen, China
Key Offering: Synthetic Graphite Sheets for 5G Base Stations

Tanyuan Technology has carved a niche by focusing on thermal solutions for the telecommunications infrastructure market, particularly for 5G base stations and network equipment, where heat generation is a significant challenge.

Innovation and Market Position:

• Targeted solutions for high-power telecommunications applications

• Collaborations with major telecom equipment providers

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1️⃣ 10. Stoneplus Thermal Management Technologies

Headquarters: Guangdong, China
Key Offering: Customized Graphite Film Solutions

Stoneplus offers a range of thermal management products, including customized graphite films tailored to specific customer designs. Their strength lies in providing application-engineered solutions for unique thermal challenges in various electronic devices.

Innovation and Market Position:

• Strong focus on customization and rapid prototyping

• Serves a diverse clientele from automotive to consumer electronics

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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 evolving beyond simple heat spreading. As devices become more complex and power-dense, the industry is shifting towards multifunctional materials and integrated thermal solutions.

📈 Key Trends Shaping the Market:

• Development of ultra-thin and composite films for foldable and flexible electronics

• Integration of phase change materials (PCMs) with graphite for enhanced heat absorption

• Growing demand from the electric vehicle (EV) sector for battery and power electronics thermal management

• Increasing adoption of Artificial Intelligence (AI) and Machine Learning (ML) to optimize thermal design and material selection

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

The companies listed above are not only providing essential cooling solutions—they are enabling the next generation of smarter, faster, and more reliable electronics.