Global Carbon Felt & Graphite Felt Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Raw Material Type;

Pan-Based Carbon Felt & Graphite Felt, Rayon-Based Carbon Felt & Graphite Felt & Pitch-Based Carbon Felt and Graphite Felt.

By Type;

Carbon Felt and Graphite Felt.

By Product Type;

Soft Felt and Rigid Felt.

By Application;

Furnace, Batteries, Filters and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn148695597 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Carbon Felt & Graphite Felt Market (USD Million), 2020 - 2030

In the year 2023, the Global Carbon Felt & Graphite Felt Market was valued at USD 451.89 million. The size of this market is expected to increase to USD 858.43 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 9.6%.

The Global Carbon Felt and Graphite Felt Market stands at the forefront of materials innovation, playing a pivotal role in diverse industries ranging from aerospace and automotive to energy and electronics. Carbon felt and graphite felt, both high-performance materials derived from carbon fibers, exhibit exceptional thermal conductivity, chemical stability, and mechanical strength, making them indispensable in demanding applications. With the pressing need for sustainable solutions to combat climate change, these materials have garnered increasing attention for their contributions to energy storage, renewable energy generation, and emissions reduction technologies.

The market has witnessed substantial growth propelled by expanding applications across various sectors. The aerospace industry, for instance, relies on carbon and graphite felts for their lightweight yet robust properties, enhancing fuel efficiency and structural integrity of aircraft components. Similarly, in the realm of energy storage, these felts serve as crucial components in lithium-ion batteries, fuel cells, and supercapacitors, enabling advancements in electric vehicles and grid-scale energy storage systems. Moreover, their use in high-temperature insulation applications, such as in industrial furnaces and nuclear reactors, underscores their versatility and resilience in extreme environments.

Despite the remarkable progress, the market faces challenges related to cost and scalability, particularly in the production of high-quality felts at competitive prices. Innovations in manufacturing processes and advancements in raw material sourcing are essential to address these hurdles and unlock the full potential of carbon and graphite felts across industries. Moreover, with a growing emphasis on sustainability and environmental consciousness, research efforts are directed towards enhancing the recyclability and eco-friendliness of these materials, ensuring a more sustainable future for the Global Carbon Felt and Graphite Felt Market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Raw Material Type
    2. Market Snapshot, By Type
    3. Market Snapshot, By Product Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Carbon Felt & Graphite Felt Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy Storage
        2. Industrial Applications
        3. Aerospace Demand
        4. Environmental Compliance
      2. Restraints
        1. Raw Material Costs
        2. Manufacturing Complexity
        3. Limited Scalability
        4. Competition from Alternatives
      3. Opportunities
        1. Energy Transition
        2. Sustainable Development
        3. Emerging Technologies
        4. Green Mobility
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Carbon Felt & Graphite Felt Market, By Raw Material Type, 2020 - 2030 (USD Million)
      1. Pan-Based Carbon Felt and Graphite Felt
      2. Rayon-Based Carbon Felt and Graphite Felt
      3. Pitch-Based Carbon Felt and Graphite Felt
    2. Global Carbon Felt & Graphite Felt Market, By Type, 2020 - 2030 (USD Million)
      1. Carbon Felt
      2. Graphite Felt
    3. Global Carbon Felt & Graphite Felt Market, By Product Type, 2020 - 2030 (USD Million)
      1. Soft Felt
      2. Rigid Felt
    4. Global Carbon Felt & Graphite Felt Market, By Application, 2020 - 2030 (USD Million)
      1. Furnace
      2. Batteries
      3. Filters
      4. Others
    5. Global Carbon Felt & Graphite Felt Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. SGL Group
      2. Toray Industries, Inc.
      3. Kureha Corporation
      4. Nippon Carbon Co., Ltd.
      5. Beijing Great Wall Co., Ltd.
      6. Chemshine Carbon Co. Ltd
      7. CM Carbon Co., Ltd.
      8. Gansu Haoshi Carbon Fiber Co., Ltd.
      9. CFC Carbon Co.
      10. Ceramaterials
  7. Analyst Views
  8. Future Outlook of the Market