The Carbon Foam Market size is estimated at USD 23.88 million in 2024, and is expected to reach USD 39.76 million by 2029, growing at a CAGR of 10.73% during the forecast period (2024-2029).
The COVID-19 pandemic significantly impacted the market in 2020 owing to supply chain and market disruptions. 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.
The carbon foam market is consolidated in nature, where the top players hold the majority share of the market. Some of the major players in the market include CONSOL Energy Inc., Entegris, Koppers Inc., Ultramet, and ERG Aerospace.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook