Press release
Carbon Felt and Graphite Felt Market to Reach a Valuation USD 1.57 billion by 2029 | SGL Group, Toray Industries, Inc., Kureha Corporation
The global market for Carbon Felt and Graphite Felt estimated at USD 0.71 billion in 2022, is projected to reach a revised size of USD 1.57 billion by 2029 registering a compounded annual growth rate (CAGR) of 9.2% over the period 2023-2029.The latest report titled Carbon Felt and Graphite Felt Market contains wide-broadening quantifiable facts of the market and studies current industry circumstances on a large scale to offer the market consequences, market value, and growth valuation. The report includes skilful examination, data on the overall market, as well as constraints and headway purposes of the future along with a noteworthy perception of the improvement of the global Carbon Felt and Graphite Felt market.
The report describes the profile of the top manufacturers of the global Carbon Felt and Graphite Felt market. It also covers segments such as competitor segment, product type segment, end use/application segment, and geography segment. The authors of the report have examined market demand, turnover, production and growth potential, geographic analysis, as well as current market developments in various regions and countries.
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Carbon Felt and Graphite Felt Market - Growth Drivers
The rising need for high-performance and top-quality batteries is driving the carbon felt and graphite felt market. Furthermore, the superior performance in extreme temperatures is boosting the growth of this market. However, the lack of low-cost carbon felts for high-volume applications is impeding the market. Despite this, the rapid growth of the renewable energy market is anticipated to help create revenue generation opportunities for the global carbon felt and graphite felt market in the coming years. Furthermore, the increasing use in high pressure sintering, casting, or vacuum treatment which requires high temperature furnace, will also help promote the growth of this market in the coming years.
Competitive Assessment:
The main research methodology applied here by the research team is data triangulation, which includes data mining, analysis of the impact of data variables on the market, and primary (industry experts) validation. This report helps to gather information about all the above factors by providing actionable market insights and comprehensive analysis. The Carbon Felt and Graphite Felt market report mainly focuses on important aspects of the market which include historical data, current market trends, environment, technological innovations, upcoming technologies, and technological advancement in the industry among others.
Leading market players in the Carbon Felt and Graphite Felt market is focusing on strategies such as expansion, new product launches, and acquisitions to gain large market share and enhance their global presence in the target market. Some Key Competitors of the Carbon Felt and Graphite Felt market is SGL Group, Toray Industries, Inc., Kureha Corporation, Nippon Carbon Co., Ltd., Beijing Great Wall Co., Ltd., Chemshine Carbon Co., Ltd., CM Carbon Co., Ltd., and Gansu Haoshi Carbon Fiber Co., Ltd., Agm/Advanced Graphite Materials, Anshan Sinocarb Carbon and others.
Carbon Felt & Graphite Felt Market Recent Developments
June 2022: Toray Industries, Inc., announced its plan to set up the Environment and Mobility Development Center in Otsu, Shiga Prefecture, and Nagoya, Aichi Prefecture. The development center will help the company strengthen the capabilities of the Corporate Marketing Planning Division to enhance sales and marketing functions in those areas.
August 2022: SGL Carbon Company announced its plan to expand capacities for graphite products at the Shanghai (China), St. Marys (USA), and Meitingen (Germany) sites for use in the semiconductor industry.
Carbon Felt and Graphite Felt Market Segmentation:
Global Market by Type, 2023-2029, (USD Million), (Thousand Units)
Carbon Felt
Graphite Felt
Global Market by Raw Material, 2023-2029, (USD Million), (Thousand Units)
Pan-Based Carbon Felt And Graphite Felt
Rayon-Based Carbon Felt And Graphite Felt
Pitch-Based Carbon Felt And Graphite Felt
Global Market by Product Type, 2023-2029, (USD Million), (Thousand Units)
Soft Felt
Rigid Felt
Global Market By Application, 2023-2029, (USD Million), (Thousand Units)
Furnace
Optic Fibers
Heat Shields
Automotive Exhaust Lining
Battery
Others
Carbon Felt and Graphite Felt Market by Application, 2023-2029, (USD Million), (Thousand Units)
Electrical And Electronics
Automotive
Power Generation
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Regional Framework
The Carbon Felt and Graphite Felt Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the years 2023-2029 with respect to five major regions. The market by each region is later sub-segmented by respective countries and segments. The Carbon Felt and Graphite Felt market report covers the analysis and forecast globally along with the current trend and opportunities prevailing in the region.
⇨ North America (United States, Canada, and Mexico)
⇨ Europe (Germany, France, UK, Russia, and Italy)
⇨ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
⇨ South America (Brazil, Argentina, Colombia, etc.)
⇨ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
This Report Also Includes:
» Carbon Felt and Graphite Felt Market Insights methodology
» Tactics and suggestions for new entrants
» Segmentation analysis
» Economic indices
» Companies' strategic developments
» Carbon Felt and Graphite Felt Market growth drivers and restraints
» Selected illustrations of the market penetrations and trends
Crucial insights in Carbon Felt and Graphite Felt research report:
Underlying macro- and microeconomic factors impacting the Sales of Carbon Felt and Graphite Felt.
Basic overview of the Carbon Felt and Graphite Felt, including market definition, classification, and applications.
Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
Adoption trend and supply side analysis of Carbon Felt and Graphite Felt across various industries.
Important regions and countries offering lucrative opportunities to market stakeholders.
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The Study Objectives are:
✔ An in-depth look at the key players in the Carbon Felt and Graphite Felt market, as well as the data that goes with them.
✔ It includes a product portfolio, annual revenue, research and development spending, geographic presence, recent key developments, and growth strategies.
✔ Regional analysis, which includes information on the dominant Carbon Felt and Graphite Felt market and its share of the market.
✔ It also includes various socioeconomic factors that influence the market's evolution in the region.
✔ The report provides a detailed look at various members of the value chain, including raw material suppliers, distributors, and stockholders.
Key questions answered in the report:
✦ What is the Carbon Felt and Graphite Felt market's growth potential?
✦ Which product category will be the most profitable?
✦ In the coming years, which regional market will emerge as a leader?
✦ Which application segment will continue to expand at a steady rate?
✦ What are the potential growth opportunities in the Carbon Felt and Graphite Felt Market in the coming years?
✦ What are the most significant challenges that the global Carbon Felt and Graphite Felt Markets may face in the future?
✦ What are the top companies in the global Carbon Felt and Graphite Felt market?
✦ What are the main trends that are positively impacting the market's growth?
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