Press release
Carbon Felt and Graphite Felt Market Expected to Grow at CAGR of 9.2% | Surge in Demand from Automotive Industry
Carbon Felt and Graphite Felt Market
Carbon felt and graphite felt are textile materials produced by matting, condensing, and pressing fibers. These materials possess high insulating properties. Carbon felt and graphite felt also possess structural stability. Therefore, these materials are used in high performance batteries and furnaces for energy saving. Carbon felt and graphite felt are cost effective. Rise in demand for high performance batteries and improvement in performance of carbon fibers, especially in high temperature applications, are key drivers expected to propel the demand for carbon felt and graphite felt during the forecast period. The insulators manufactured from carbon-based compounds are widely used for electric and thermal insulation.
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Market Drivers:
· Increased performance levels of carbon fiber in high temperatures is expected to drive the market growth
· Increased demand for high-performance batteries and demand for furnaces is also expected to drive the market growth
Market Restraints:
· High cost of manufacturing in carbon felt is expected to restrain the market growth
· Lack of low-cost carbon felt manufacturing in larger applications is also expected to restrain the market growth
Carbon Felt and Graphite Felt Market - Growth Drivers
The market for carbon felt and graphite felt is being driven by the growing demand for high-performance, premium batteries. Additionally, this market is expanding because of its outstanding performance in extremely hot and cold conditions. The market, however, is being restricted by a scarcity of inexpensive carbon felts for high-volume applications. Despite this, possibilities for the worldwide carbon felt and graphite felt market to generate income are predicted to arise due to the rapidly expanding renewable energy sector in the future years. Also, the rising need for high pressure sintering, casting, or vacuum treatment, all of which require a high temperature furnace, will support market expansion in the years to come.
Prominent Key players of the Carbon Felt and Graphite Felt Market survey report:
Historical data available in the report elaborates on the development of the Carbon Felt and Graphite Felt on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - 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.
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
The regional outlook by revenue covers the countries namely:
✦ North America (United States, Canada and Mexico)
✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
✦ South America (Brazil, Argentina, Colombia, and Rest of South America)
✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Key Features of the Carbon Felt and Graphite Felt Market Report: -
⇨ Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.
⇨ Examine the market opportunities for stakeholders by identifying higher growth sections.
⇨ To study and analyse the global Carbon Felt and Graphite Felt industry status and forecast including key regions.
⇨ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
⇨ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.
⇨ It helps you make strategic business decisions and investment plans.
Competitive Landscape
Competition has been growing for the Carbon Felt and Graphite Felt industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.
Highlight the Following Key Factors:
► Business Description: a particular description of agency operations and enterprise departments.
► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.
► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.
► Company History: The development of predominant occasions associated to the company.
► Main merchandise and services: A listing of the company's fundamental products, services, and brands.
► Main Competitors: A listing of the company's fundamental competitors.
► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.
► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.
Table of Contents
Global Carbon Felt and Graphite Felt Market Research Report 2023-2029
1 Carbon Felt and Graphite Felt Market Overview
1.1 Product Overview and Scope of Carbon Felt and Graphite Felt
1.2 Carbon Felt and Graphite Felt Segment by Type (Product Category)
1.3 Global Carbon Felt and Graphite Felt market Segment by Application
1.4 Global Carbon Felt and Graphite Felt Market by Region (2023-2029)
1.4.1 Global Carbon Felt and Graphite Felt Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)
1.4.2 North America Status and Prospect (2023-2029
1.4.3 Europe Status and Prospect (2023-2029)
1.4.4 China Status and Prospect (2023-2029)
1.4.5 Japan Status and Prospect (2023-2029)
1.4.6 Southeast Asia Status and Prospect (2023-2029)
1.4.7 India Status and Prospect (2023-2029)
1.5 Global Market Size (Value) of Carbon Felt and Graphite Felt (2023-2029)
1.5.1 Global Carbon Felt and Graphite Felt Revenue Status and Outlook (2023-2029)
1.5.2 Global Carbon Felt and Graphite Felt Capacity, Production Status and Outlook (2023-2029)
…
Why Choose Carbon Felt and Graphite Felt Market Report?
✔ Unbiased conclusions and market insights
✔ 24×7 customer service available to address client queries
✔ Highly efficient and experienced team of analysts striving to create top-quality reports
✔ Our reports have facilitated the growth of over 500 companies
✔ The systematic and methodical market research process
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