Carbon Felt and Graphite Felt Market Analysis, Growth, Demand, Trends and Forecast Till 2028

IMARC Group, a leading market research company, has recently releases report titled “Carbon Felt and Graphite Felt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global carbon felt and graphite felt market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the carbon felt and graphite felt market?

The global carbon felt and graphite felt market size reached US$ 462.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 817.4 Million by 2028, exhibiting a growth rate (CAGR) of 9.70% during 2023-2028.

What are carbon felt and graphite felt?

Carbon felt and graphite felt are types of non-woven fabrics composed of carbon or graphite fibers. Carbon felt is made by carbonizing acrylic or rayon fibers, resulting in a material with high porosity and thermal insulation properties.

Graphite felt is produced by further heat-treating carbon felt at higher temperatures, usually above 2000°C, leading to graphitization. This process enhances the material's thermal conductivity and mechanical strength while retaining its lightweight and flexible characteristics. Both carbon and graphite felts are widely used in applications requiring thermal insulation and electrical conductivity, such as in batteries, fuel cells, furnaces, and aerospace. Their unique combination of properties, including resistance to corrosion and chemical stability, makes them suitable for various industrial applications, offering efficiency and reliability.

Request for a sample report or buy full report: https://www.imarcgroup.com/carbon-felt-graphite-felt-market/requestsample

What are the growth prospects and trends in the carbon felt and graphite felt industry?

The widespread use of carbon and graphite felt in industries like metallurgy, chemical processing, and electronics, for applications, such as furnaces and heating systems, represents one of the key factors driving the growth of the market across the globe. With the increasing focus on renewable energy and efficient energy storage, these materials are utilized in batteries and supercapacitors, which is promoting the market growth.

The application of carbon and graphite felt in aerospace and defense for thermal insulation and lightweight structural components is contributing to the growth of the market. These materials are used in solar collectors and other renewable energy systems, aligning with global trends toward sustainable energy sources. Ongoing research and technological innovation in material science are boosting the market. The automotive industry's shift towards lightweight materials and electric vehicles creates opportunities for carbon and graphite felt, especially in battery technology. Stricter regulations on energy efficiency and environmental sustainability prompt industries to adopt these materials, which is creating a positive outlook for the market across the globe.

Who are the key players operating in the industry?

The report covers the major market players including:

• Beijing Great Wall Co. Ltd.
• Carbon Composites Inc.
• CeraMaterials
• CeTech Co. Ltd.
• CFC Carbon Co. Ltd.
• CGT Carbon GmbH
• Chemshine Carbon Co. Ltd.
• CM Carbon Co. Ltd.
• Morgan Advanced Materials
• SGL Carbon SE
• Sinotek Materials Co. Ltd.
• Texpack S.R.L

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

• Carbon Felt
• Graphite Felt

Breakup by Product:

• Soft Felt
• Rigid Felt

Breakup by Raw Material:

• Polyacrylonitrile
• Rayon
• Others

Breakup by Application:

• Furnace
• Batteries
• Filters
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=7186&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: https://twitter.com/ImarcServices

LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/