The latest report by IMARC Group, titled “Carbon Felt and Graphite Felt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. 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.
Carbon felt and graphite felt are porous materials composed primarily of carbon fibers. They are known for their excellent thermal and electrical conductivity and their resistance to high temperatures and chemical corrosion. Carbon felt is made from polyacrylonitrile (PAN) or rayon-based carbon fibers. It is a lightweight and flexible material with good thermal insulation properties. Graphite felt is a variation of carbon felt, with the key difference being that it is impregnated with graphite or other carbonaceous materials. At present, carbon felt and graphite felt find applications in energy storage, thermal management, and high-temperature insulation industries across the globe due to their combination of thermal and electrical properties.
Request Your Sample Report Now: https://www.imarcgroup.com/carbon-felt-graphite-felt-market/requestsample
Carbon Felt and Graphite Felt Market Trends and Drivers:
The global carbon felt and graphite felt market is primarily driven by the rising product utilization in high-temperature applications, including in industries such as aerospace, metallurgy, and electronics, owing to growing demand for thermal insulation and heat management. Moreover, the increasing renewable energy sources, particularly in the field of fuel cells and energy storage systems, has escalated the demand for carbon and graphite felts as key components. Additionally, numerous advancements in manufacturing processes that improve the quality and availability of these materials has accelerated the product adoption rate. Furthermore, the development of novel applications in areas like filtration, gasketing, and as a precursor material in carbon composites is contributing to the market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Type Insights:
- Carbon Felt
- Graphite Felt
Product Insights:
- Soft Felt
- Rigid Felt
Raw Material Insights:
- Polyacrylonitrile
- Rayon
- Others
Application Insights:
- Furnace
- Batteries
- Filters
- Others
Market 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
Competitive Landscape with Key Player:
- 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
Explore full report with table of contents: https://www.imarcgroup.com/carbon-felt-graphite-felt-market
If you need specific information that is not currently within the scope of the report, we will provide it to you 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’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
Email: [email protected]
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
About Author
