+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Carbon Felt & Graphite Felt Market by Raw Material type (PAN, Rayon, and Pitch), Product Type (Soft Felt and Rigid Felt), Type (Carbon Felt and Graphite Felt), Application (Furnace, Batteries, and Filters), and Region - Global Forecast 2023

  • ID: 4659473
  • Report
  • Region: Global
  • 100 Pages
  • Markets and Markets
1 of 5
The Carbon Felt and Graphite Felt Market is Projected to Register a CAGR of 9.5%, in Terms of Value, Between 2018 and 2023

FEATURED COMPANIES

  • Carbon Composites, Inc
  • Cetech Co, Ltd
  • Chemshine Carbon Co Ltd
  • Fiber Materials Inc
  • Mersen
  • SGL Group
  • MORE

The carbon felt and graphite felt market size is estimated at USD 292.7 million in 2018 and is projected to reach USD 460.8 million by 2023, at a CAGR of 9.5% between 2018 and 2023. The increasing demand for carbon and graphite felts in the furnace and batteries applications is projected to drive the carbon felt and graphite felt market. Furthermore, the increasing demand for high-performance batteries and improved performance of carbon fiber in high temperature applications are driving the carbon felt and graphite felt market. The factor restraining the market is the absence of quality control in developing economies.

The batteries application segment is projected to grow at the highest CAGR during the forecast period, in terms of value
The batteries application segment is projected to register the highest CAGR during the forecast period. Carbon and graphite felts are used as electrodes for VRFBs due to its broad operational range, chemical stability, lightweight, and low cost. The demand for carbon and graphite felts is increasing rapidly in the batteries application in China and India, thereby resulting in the high growth of the market in these economies.

The carbon felt and graphite felt market in APAC is projected to grow at the highest CAGR between 2018 and 2023, in terms of value
APAC is projected to register the highest CAGR between 2018 and 2023 in the carbon felt and graphite felt market. The growing demand for carbon and graphite felts along with a string focus on emission control policies, energy savings, environmentally friendly products, and industry consolidation have encouraged innovations and technological developments in the market. This has made the region a major hub for manufacturing carbon and graphite felts. All these factors make APAC the fastest-growing carbon felt and graphite felt market.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted as follows:

  • By Company Type- Tier 1 - 54%, Tier 2 - 23%, and Tier 3 - 23%
  • By Designation- C level - 39%, Director level - 38%, and Others - 23%
  • By Region- APAC - 46%, Europe - 23%, North America - 23%, and RoW - 8%

This report provides a comprehensive analysis of the key companies listed below:

  • SGL Group (Germany)
  • Toray Industries, Inc. (Japan)
  • Kureha Corporation (Japan)
  • Nippon Carbon Co., Ltd. (Japan)
  • Beijing Great Wall Co., Ltd. (China)
  • Chemshine Carbon Co., Ltd. (China)
  • CM Carbon Co., Ltd. (China)
  • Gansu Haoshi Carbon Fiber Co., Ltd. (China)

Research Coverage
This report covers the carbon felt and graphite felt market and forecasts its size till 2023. It includes the segmentation of the carbon felt and graphite felt market based on raw material type, type, product type, application, and region. The Porter’s five forces analysis and key market dynamics such as drivers, restraints, challenges, and opportunities influencing the growth of the carbon felt and graphite felt market have been discussed in the report. The report also provides company profiles of key players operating in the carbon felt and graphite felt market.

Benefits

  • The report is expected to help market leaders/new entrants in the carbon felt and graphite felt market in the following ways:
  • This report segments the carbon felt and graphite felt market and provides the closest approximation of revenues for the overall market and its subsegments across different verticals and regions.
  • The report helps stakeholders understand the pulse of the market and provides information on key drivers, restraints, challenges, and opportunities of the carbon felt and graphite felt market.
  • This report is also expected to help stakeholders understand their competitors and gain insights to better their position in the carbon felt and graphite felt market.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Carbon Composites, Inc
  • Cetech Co, Ltd
  • Chemshine Carbon Co Ltd
  • Fiber Materials Inc
  • Mersen
  • SGL Group
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Carbon Felt and Graphite Felt Market
4.2 Carbon Felt and Graphite Felt Market, By Application
4.3 Carbon Felt and Graphite Felt Market, By Raw Material Type and Region
4.4 Carbon Felt and Graphite Felt Market, By Product Type
4.5 Carbon Felt and Graphite Felt Market, By Type
4.6 Carbon Felt and Graphite Felt Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for High-Performance Batteries
5.2.1.2 Improved Performance of Carbon Fiber in High Temperature Applications
5.2.2 Restraints
5.2.2.1 High Cost Associated With Carbon Felt Manufacturing
5.2.3 Opportunities
5.2.3.1 Growing Renewable Energy Market
5.2.4 Challenges
5.2.4.1 Production of Low-Cost Carbon Fiber for Large Volume Applications
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry

6 Carbon Felt and Graphite Felt Market, By Raw Material Type
6.1 Introduction
6.2 Pan-Based Carbon Felt and Graphite Felt
6.3 Rayon-Based Carbon Felt and Graphite Felt
6.4 Pitch-Based Carbon Felt and Graphite Felt

7 Carbon Felt and Graphite Felt Market, By Type
7.1 Introduction
7.2 Carbon Felt
7.3 Graphite Felt

8 Carbon Felt and Graphite Felt Market, By Product Type
8.1 Introduction
8.2 Soft Felt
8.3 Rigid Felt

9 Carbon Felt and Graphite Felt Market, By Application
9.1 Introduction
9.2 Furnace
9.3 Batteries
9.4 Filters
9.5 Others

10 Carbon Felt and Graphite Felt Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 UK
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Australia Felt and New Zealand
10.5 Middle East Felt and Africa
10.5.1 South Africa
10.5.2 UAE
10.5.3 Saudi Arabia
10.6 Latin America
10.6.1 Brazil
10.6.2 Mexico

11 Company Profiles
Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View
11.1 SGL Group
11.2 Toray Industries, Inc.
11.3 Kureha Corporation
11.4 Nippon Carbon Co., Ltd.
11.5 Beijing Great Wall Co., Ltd.
11.6 Chemshine Carbon Co. Ltd
11.7 CM Carbon Co., Ltd.
11.8 Gansu Haoshi Carbon Fiber Co., Ltd.
11.9 CFC Carbon Co., Ltd
11.10 Ceramaterials
*Details on (Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)
11.11 Other Key Companies
11.11.1 Sinotek Materials Co., Ltd.
11.11.2 Texpack S.R.L.
11.11.3 Buffalo Felt Products Corp.
11.11.4 Carbon Composites, Inc.
11.11.5 Agm/Advanced Graphite Materials
11.11.6 Anshan Sinocarb Carbon Fibers Co., Ltd.
11.11.7 Cetech Co., Ltd.
11.11.8 Fiber Materials Inc.
11.11.9 Anssen Metallurgy Group Co., Ltd
11.11.10 Svetlogorskkhimvolokno
11.11.11 Morgan Advanced Materials PLC
11.11.12 Mersen

12 Appendix

List of Tables
Table 1 Carbon Felt and Graphite Felt Market Size, By Raw Material Type, 2016–2023 (Ton)
Table 2 Carbon Felt and Graphite Felt Market Size, By Raw Material Type, 2016–2023 (USD Thousand)
Table 3 Pan-Based Carbon Felt and Graphite Felt Market Size, By Region, 2016–2023 (Ton)
Table 4 Pan-Based Carbon Felt and Graphite Felt Market Size, By Region, 2016–2023 (USD Thousand)
Table 5 Rayon-Based Carbon Felt and Graphite Felt Market Size, By Region, 2016–2023 (Ton)
Table 6 Rayon-Based Carbon Felt and Graphite Felt Market Size, By Region, 2016–2023 (USD Thousand)
Table 7 Pitch-Based Carbon Felt and Graphite Felt Market Size, By Region, 2016–2023 (Ton)
Table 8 Pitch-Based Carbon Felt and Graphite Felt Market Size, By Region, 2016–2023 (USD Thousand)
Table 9 Carbon Felt and Graphite Felt Market Size, By Type, 2016–2023 (Ton)
Table 10 Carbon Felt and Graphite Felt Market Size, By Type, 2016–2023 (USD Thousand)
Table 11 Carbon Felt Market Size, By Region, 2016–2023 (Ton)
Table 12 Carbon Felt Market Size, By Region, 2016–2023 (USD Thousand)
Table 13 Graphite Felt Market Size, By Region, 2016–2023 (Ton)
Table 14 Graphite Felt Market Size, By Region, 2016–2023 (USD Thousand)
Table 15 Carbon Felt and Graphite Felt Market Size, By Product Type, 2016–2023 (Ton)
Table 16 Carbon Felt and Graphite Felt Market Size, By Product Type, 2016–2023 (USD Thousand)
Table 17 Soft Carbon Felt Market and Graphite Felt Market Size, By Region, 2016–2023 (Ton)
Table 18 Soft Carbon Felt Market and Graphite Felt Market Size, By Region, 2016–2023 (USD Thousand)
Table 19 Rigid Carbon Felt Market and Graphite Felt Market Size, By Region, 2016–2023 (Ton)
Table 20 Rigid Carbon Felt Market and Graphite Felt Market Size, By Region, 2016–2023 (USD Thousand)
Table 21 Graphite Felt and Carbon Felt Market Size, By Application, 2016–2023 (Ton)
Table 22 Graphite Felt and Carbon Felt Market Size, By Application, 2016–2023 (USD Thousand)
Table 23 Graphite Felt and Carbon Felt Market Size in Furnace Application, By Region, 2016–2023 (Ton)
Table 24 Graphite Felt and Carbon Felt Market Size in Furnace Application, By Region, 2016–2023 (USD Thousand)
Table 25 Graphite Felt and Carbon Felt Market Size in Batteries Application, By Region, 2016–2023 (Ton)
Table 26 Graphite Felt and Carbon Felt Market Size in Batteries Application, By Region, 2016–2023 (USD Thousand)
Table 27 Graphite Felt and Carbon Felt Market Size in Filters Application, By Region, 2016–2023 (Ton)
Table 28 Graphite Felt and Carbon Felt Market Size in Filters Application, By Region, 2016–2023 (USD Thousand)
Table 29 Graphite Felt and Carbon Felt Market Size in Other Applications, By Region, 2016–2023 (Ton)
Table 30 Graphite Felt and Carbon Felt Market Size in Other Applications, By Region, 2016–2023 (USD Thousand)
Table 31 Graphite Felt and Carbon Felt Market Size, By Region, 2016–2023 (Ton)
Table 32 Graphite Felt and Carbon Felt Market Size, By Region, 2016–2023 (USD Thousand)
Table 33 North America: Graphite Felt and Carbon Felt Market Size, By Country, 2016–2023 (Ton)
Table 34 North America: Graphite Felt and Carbon Felt Market Size, By Country, 2016–2023 (USD Thousand)
Table 35 North America: Graphite Felt and Carbon Felt Market Size, By Application, 2016–2023 (Ton)
Table 36 North America: Graphite Felt and Carbon Felt Market Size, By Application, 2016–2023 (USD Thousand)
Table 37 North America: Graphite Felt and Carbon Felt Market Size, By Raw Material Type, 2016–2023 (Ton)
Table 38 North America: Graphite Felt and Carbon Felt Market Size, By Raw Material Type, 2016–2023 (USD Thousand)
Table 39 Europe: Graphite Felt and Carbon Felt Market Size, By Country, 2016–2023 (Ton)
Table 40 Europe: Graphite Felt and Carbon Felt Market Size, By Country, 2016–2023 (USD Thousand)
Table 41 Europe: Graphite Felt and Carbon Felt Market Size, By Application, 2016–2023 (Ton)
Table 42 Europe: Graphite Felt and Carbon Felt Market Size, By Application, 2016–2023 (USD Thousand)
Table 43 Europe: Graphite Felt and Carbon Felt Market Size, By Raw Material Type, 2016–2023 (Ton)
Table 44 Europe: Graphite Felt and Carbon Felt Market Size, By Raw Material Type, 2016–2023 (USD Thousand)
Table 45 APAC: Graphite Felt and Carbon Felt Market Size, By Country, 2016–2023 (Ton)
Table 46 APAC: Graphite Felt and Carbon Felt Market Size, By Country, 2016–2023 (USD Thousand)
Table 47 APAC: Graphite Felt and Carbon Felt Market Size, By Application, 2016–2023 (Ton)
Table 48 APAC: Graphite Felt and Carbon Felt Market Size, By Application, 2016–2023 (USD Thousand)
Table 49 APAC: Graphite Felt and Carbon Felt Market Size, By Raw Material Type, 2016–2023 (Ton)
Table 50 APAC: Graphite Felt and Carbon Felt Market Size, By Raw Material Type, 2016–2023 (USD Thousand)
Table 51 Middle East Felt and Africa: Graphite Felt and Carbon Felt Market Size, By Country, 2016–2023 (Ton)
Table 52 Middle East Felt and Africa: Graphite Felt and Carbon Felt Market Size, By Country, 2016–2023 (USD Thousand)
Table 53 Middle East Felt and Africa: Graphite Felt and Carbon Felt Market Size, By Application, 2016–2023 (Ton)
Table 54 Middle East Felt and Africa: Graphite Felt and Carbon Felt Market Size, By Application, 2016–2023 (USD Thousand)
Table 55 Middle East Felt and Africa: Graphite Felt and Carbon Felt Market Size, By Raw Material Type, 2016–2023 (Ton)
Table 56 Middle East Felt and Africa: Graphite Felt and Carbon Felt Market Size, By Raw Material Type, 2016–2023 (USD Thousand)
Table 57 Latin America: Graphite Felt and Carbon Felt Market Size, By Country, 2016–2023 (Ton)
Table 58 Latin America: Graphite Felt and Carbon Felt Market Size, By Country, 2016–2023 (USD Thousand)
Table 59 Latin America: Graphite Felt and Carbon Felt Market Size, By Application, 2016–2023 (Ton)
Table 60 Latin America: Graphite Felt and Carbon Felt Market Size, By Application, 2016–2023 (USD Thousand)
Table 61 Latin America: Graphite Felt and Carbon Felt Market Size, By Raw Material Type, 2016–2023 (Ton)
Table 62 Latin America: Graphite Felt and Carbon Felt Market Size, By Raw Material Type, 2016–2023 (USD Thousand)

List of Figures
Figure 1 Carbon Felt and Graphite Felt Market Segmentation
Figure 2 Carbon Felt and Graphite Felt Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Carbon Felt and Graphite Felt Market: Data Triangulation
Figure 6 Pan-Based Carbon Felt and Graphite Felt Segment to Record the Highest Market Growth
Figure 7 Carbon Felt Continues to Be the Widely Used Type
Figure 8 Soft Felt Segment to Register the Highest CAGR
Figure 9 Furnace Application to Dominate the Carbon Felt and Graphite Felt Market
Figure 10 China to Be the Dominant Carbon Felt and Graphite Felt Market
Figure 11 APAC to Lead the Carbon Felt and Graphite Felt Market
Figure 12 Increased Demand for Carbon Felt and Graphite Felt in the Furnace Application
Figure 13 Furnace to Be the Largest Application of Carbon Felt and Graphite Felt
Figure 14 Pan-Based Carbon Felt and Graphite Felt Segment Dominated the Market
Figure 15 Soft Felt Segment to Register the Highest CAGR
Figure 16 Carbon Felt to Be the Largest Type Segment of the Market
Figure 17 China to Be the Fastest-Growing Carbon Felt and Graphite Felt Market
Figure 18 Overview of Factors Governing the Carbon Felt and Graphite Felt Market
Figure 19 Porter’s Five Forces Analysis of the Carbon Felt and Graphite Felt Market
Figure 20 Pan-Based Carbon Felt and Graphite Felt to Lead the Market
Figure 21 APAC to Dominate the Pan-Based Carbon Felt and Graphite Felt Market
Figure 22 APAC to Be Largest Rayon-Based Carbon Felt and Graphite Felt Market
Figure 23 Carbon Felt to Dominate the Carbon Felt and Graphite Felt Market
Figure 24 APAC to Be the Largest Carbon Felt Market
Figure 25 Soft Felt Segment to Register the Highest CAGR
Figure 26 APAC to Register the Fastest Growth in the Soft Felt Market
Figure 27 Furnace Application to Dominate the Carbon Felt and Graphite Felt Market
Figure 28 APAC to Be the Largest Market in the Furnace Application
Figure 29 North America to Be the Largest Market in the Batteries Application
Figure 30 China to Register the Highest CAGR in the Carbon Felt and Graphite Felt Market
Figure 31 North America: Carbon Felt and Graphite Felt Market Snapshot
Figure 32 Europe: Carbon Felt and Graphite Felt Market Snapshot
Figure 33 APAC: Carbon Felt and Graphite Felt Market Snapshot
Figure 34 SGL Group: Company Snapshot
Figure 35 SGL Group: SWOT Analysis
Figure 36 Toray Industries, Inc.: Company Snapshot
Figure 37 Toray Industries, Inc.: SWOT Analysis
Figure 38 Kureha Corporation: Company Snapshot
Figure 39 Kureha Corporation: SWOT Analysis
Figure 40 Nippon Carbon Co., Ltd.: Company Snapshot
Figure 41 Nippon Carbon Co., Ltd.: SWOT Analysis

Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5
5 of 5
  • Agm/Advanced Graphite Materials
  • Anshan Sinocarb Carbon Fibers Co, Ltd
  • Anssen Metallurgy Group Co, Ltd
  • Beijing Great Wall Co, Ltd
  • Buffalo Felt Products Corp
  • Carbon Composites, Inc
  • Ceramaterials
  • Cetech Co, Ltd
  • CFC Carbon Co, Ltd
  • Chemshine Carbon Co Ltd
  • CM Carbon Co, Ltd
  • Fiber Materials Inc
  • Gansu Haoshi Carbon Fiber Co, Ltd
  • Kureha Corporation
  • Mersen
  • Morgan Advanced Materials PLC
  • Nippon Carbon Co, Ltd
  • SGL Group
  • Sinotek Materials Co, Ltd
  • Svetlogorskkhimvolokno
  • Texpack SRL
  • Toray Industries, Inc
Note: Product cover images may vary from those shown
Adroll
adroll