Carbon Felt & Graphite Felt Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

Carbon Felt & Graphite Felt Market Insights

Carbon Felt & Graphite Felt Market is likely to witness an impressive CAGR of 11.2% during the forecast period. The enhanced performance of carbon fiber in elevated temperature applications and the growing demand for high-performance batteries are the factors expected to drive the global carbon felt & graphite felt market during the forecast period.

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Market Share Analysis

Carbon Felt & Graphite Felt Market Share: By Raw Material Type

Based on the raw material type, the market is segmented as pan-based carbon felt and graphite felt, rayon-based carbon felt and graphite felt, and pitch-based carbon felt and graphite felt. PAN-based carbon felt and graphite felt accounts for the largest share of the market and is expected to remain dominant during the forecast period.

Carbon Felt & Graphite Felt Market Share: By Product Type

Based on the product type, the market is segmented as soft felt and rigid felt. The rigid felt product type held a major chunk of the market in 2018, owing to its large-scale applications in furnace and batteries. The segment is estimated to remain dominant in the next five years.

Carbon Felt & Graphite Felt Market Share: By Application Type

Based on the application type, the market is segmented as furnace, batteries, filters, and others. Furnace is the foremost application segment of the carbon felt & graphite felt market. On the other hand, the batteries application segment is estimated to be the fastest-growing segment during the forecast period. Carbon and graphite felts find extensive applications owing to their properties, such as broad operational range, chemical stability, high thermal insulation, and lightweight.   

Carbon Felt & Graphite Felt Market Share: By Region

In terms of regions, the Asia-Pacific region was the fastest-growing carbon felt & graphite felt market, in terms of value and volume in 2018, and is expected to maintain its dominance during the forecast period. The market is driven by the rising government spending on infrastructural projects and the increasing demand for carbon and graphite felts from the emerging economies in region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.  

Carbon Felt & Graphite Felt Market: Key Players

Some of the major players in the carbon felt & graphite felt market are Agm/Advanced Graphite Materials, Anshan Sinocarb Carbon Fibers Co., Ltd., Buffalo Felt Products Corp., Carbon Composites, Inc., Cetech Co., Ltd., Fiber Materials Inc., Morgan Advanced Materials PLC, Sinotek Materials Co., Ltd., and Texpack S.R.L.

Market Scope & segmentation

Carbon Felt & Graphite Felt are mainly raw materials and can be pan-based, rayon-based, and pitch-based.

Carbon Felt & Graphite Felt are available as soft felt as well as rigid felt. The furnace is the most common application area where carbon felt and graphite felt are being used. Apart from this, other application areas are batteries, filters, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The carbon felt & graphite felt market is segmented into the following categories. 

Carbon Felt & Graphite Felt Market Size, Share, & Forecast, by Raw Material Type:

• Pan-Based Carbon Felt and Graphite Felt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

• Rayon-Based Carbon Felt and Graphite Felt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Pitch-Based Carbon Felt and Graphite Felt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Carbon Felt & Graphite Felt Market Size, Share, & Forecast, by Type:

• Carbon Felt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Graphite Felt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Carbon Felt & Graphite Felt Market Size, Share, & Forecast, by Product Type:

• Soft Felt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Rigid Felt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Carbon Felt & Graphite Felt Market Size, Share, & Forecast, by Application Type:

• Furnace (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Batteries (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Filters (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Carbon Felt & Graphite Felt Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].