Global Carbon Felt And Graphite Felt Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2028 |
Market Size (Base Year) |
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Market Size (Forecast Year) |
USD 745.95 |
CAGR |
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Major Markets Players |
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Global Carbon Felt and Graphite Felt Market, By Type (Carbon Felt, Graphite Felt), Product Type (Soft Felt, Rigid Felt), Raw Material (Pan-Based Carbon Felt and Graphite Felt, Rayon-Based Carbon Felt and Graphite Felt, Pitch-Based Carbon Felt and Graphite Felt), Application (Furnace, Batteries, Filters, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Carbon Felt and Graphite Felt Market
Carbon felt and graphite felt market size is valued at USD 745.95 million by 2028 and is expected to grow at a compound annual growth rate of 10.25% for the forecast period of 2021 to 2028. Data Bridge Market Research report on carbon felt and graphite felt market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Carbon felt and graphite felt are the type of materials that are produced when fibers are pressed, tangled and condensed collectively. Carbon and graphite felt are highly used as electrodes and cathodes, with a wide range of different applications and different techniques also applicable and are also used as insulation for furnaces.
The enhanced performance of carbon fiber in high temperature applications has highly influenced growth of the carbon felt and graphite felt market. In line with this, the rising demand for high-performance batteries is also acting as a key determinant favoring the growth of the carbon felt and graphite felt market over the forecast period of 2021 to 2028. Also the, high adoption of carbon felt and graphite felt for high-performance batteries, due to their properties such as broad operational range, high thermal insulation chemical stability and lightweight nature is also positively impacting the growth of the carbon felt and graphite felt market. The major factor accountable for the growth of the market is the rising demand for product in high temperature applications such as vacuum furnaces or else process temperatures above 2000° C. Beside this, the rising investments in research and development by manufacturers in carbon felt and graphite felt for various end user applications which are also flourishing the growth of the carbon felt and graphite felt market. However, the high cost coupled with carbon felt manufacturing may act as key restraints towards carbon felt and graphite felt market growth rate in the forecast period of 2021 to 2028, whereas the production of low-cost carbon fiber for large volume applications have the potential to challenge the growth of the carbon felt and graphite felt market.
Furthermore, the increasing renewable energy market and R&D activities will further offer a variety of growth opportunities for the carbon felt and graphite felt market in the above mentioned forecast period.
This carbon felt and graphite felt market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on carbon felt and graphite felt market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Carbon Felt and Graphite Felt Market Scope and Market Size
Carbon felt and graphite felt market is segmented on the basis of type, product type raw material and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the carbon felt and graphite felt market is segmented into carbon felt and graphite felt.
- Based on product type, the carbon felt and graphite felt market is segmented into soft felt and rigid felt.
- On the basis of raw material, the carbon felt and graphite felt market is segmented into pan-based carbon felt and graphite felt, rayon-based carbon felt and graphite felt and pitch-based carbon felt and graphite felt.
- The application segment for carbon felt and graphite felt market is segmented into furnace, batteries, filters and others.
Carbon Felt and Graphite Felt Market Country Level Analysis
Carbon felt and graphite felt market is analyzed and market size, volume information is provided by country, type, product type raw material and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to growing demand from various industries and rising government initiatives and investments for infrastructural development in emerging countries within this particular region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Carbon Felt and Graphite Felt Market Share Analysis
Carbon felt and graphite felt market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to carbon felt and graphite felt market.
The major players covered in the carbon felt and graphite felt market report are SGL Carbon, TORAY INDUSTRIES INC., Beijing Great Wall Co., Ltd., KUREHA CORPORATION, Nippon Carbon Co Ltd., CM Carbon, CFCCARBON CO. LTD, CeraMaterials, Sinotek Materials Co. Ltd., Texpack S.r.l., Buffalo Felt Products Corporation, Chemshine Carbon Co., Ltd., Fuel Cell Store, Carbon Composites, Inc., Cetech Co., Ltd., Amsted Graphite Materials, ANSSEN METALLURGY GROUP CO., LTD., Liaoning Jingu Carbon Material Co., Ltd., Olmec Advanced Materials and MERSEN GRAPHITE among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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