Carbon Foam Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The carbon foam market is expected to reach around USD 19 million by the end of this year and is projected to register a CAGR of over 8.5% during the forecast period.
COVID-19 highly impacted the market in 2020 because of supply chain and market disruption. During the pandemic, many factories responsible for carbon foam production were shut down. However, the market is growing rapidly and has reached pre-pandemic levels.
Key HighlightsThe carbon foam market is currently consolidated in nature, where the top players hold the majority share of the market studied. Some of the major players in the market include CONSOL Energy Inc., Entegris, Koppers Inc., Ultramet, and ERG Aerospace (not in any particular order).
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