[181 Pages Report] The Carbon Felt & Graphite Felt Market size was estimated at USD 5.07 billion in 2023 and expected to reach USD 5.60 billion in 2024, at a CAGR 10.73% to reach USD 10.36 billion by 2030.

Carbon felt & graphite felt are made from non-woven fabric and are produced when fibers are pressed, tangled, and condensed collectively. Carbon felt & graphite felt have excellent electrical and thermal conductivity, making them perfect for high-temperature and high-voltage applications. Carbon and graphite felt are used as electrodes and cathodes, with a wide range of different applications and different techniques also applicable, and are also used as insulation for furnaces. The surging demand for carbon felt & graphite felt materials in the aerospace, automotive, and energy industries is increasing the market’s growth. Growing demand for fuel cells and increasing production of semiconductors and electronics are expected to increase the usage of carbon & graphite felt. The high cost of manufacturing carbon felt & graphite fiat impedes the market’s growth. However, the increasing research & development activities for carbon felt & graphite felt, which can be used across broad industries, are expected to benefit the market growth.

Regional Insights

Rising demand for batteries and heat insulation in China, India, and Japan and rising semiconductor demand are increasing the usage of carbon felt & graphite felt in APAC and EMEA. According to Semiconductor Equipment and Materials International, in 2022, China’s spending on semiconductor equipment reached USD 40.82 billion. Increasing steel production and rising electronic component manufacturing drive the demand for carbon felt & graphite felt in APAC and EMEA. According to the India Electronics and Semiconductor Association (IESA), in 2021, electronics production contributed 3.4% to the economy and is expected to contribute more than 6% in the next few years. Additionally, increasing demand for electric vehicles in the U.S., Canada, and Brazil is creating a platform for the carbon felt & graphite felt in the Americas. As per the International Energy Agency (IEA), in 2021, in the United States, electric car sales doubled their market share to 4.5%, which reached a deal of 630000.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Carbon Felt & Graphite Felt Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Carbon Felt & Graphite Felt Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Carbon Felt & Graphite Felt Market, highlighting leading vendors and their innovative profiles. These include ANSSEN Metallurgy Group Co. Ltd., AvCarb LLC, Bay Composites, Inc., Beijing Great Wall Co., Ltd., California Nanotechnologies, Carbon Composites, Inc., CeraMaterials, CFC Carbon Co., Ltd., CGT Carbon GmbH, Chemshine Carbon Co., Ltd., China Beihai Fiberglass Co., Ltd., CM Carbon, Final Advanced Materials, HENSCHKE GmbH, HPMS Graphite, Hunan MTR Co., Ltd., Kureha Corporation, Mersen Corporate Services SAS, Morgan Advanced Materials PLC, Nanoshel LLC, Nippon Carbon Co., Ltd., Osaka Gas Chemicals Co., Ltd. by Daigas Group, Otto Chemie Pvt. Ltd., Saginaw Carbon, SGL Carbon SE, Sinotek Materials Co., Ltd., Xiamen Lith Machine Ltd., Xiamen Zopin New Material Limited, ZhuZhou ChenXin Induction Equipment Co., Ltd (Cx-Induction), and ZOLTEK Corporation by Toray Group.

Market Segmentation & Coverage

This research report categorizes the Carbon Felt & Graphite Felt Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Raw Material Type
    • Pan-Based Carbon Felt & Graphite Felt
    • Pitch-Based Carbon Felt & Graphite Felt
    • Rayon-Based Carbon Felt & Graphite Felt
  • Type
    • Carbon Felt
    • Graphite Felt
  • Product Type
    • Rigid Felt
    • Soft Felt
  • Application
    • Batteries
    • Filters
    • Furnace

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Carbon Felt & Graphite Felt Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Carbon Felt & Graphite Felt Market?
  3. What are the technology trends and regulatory frameworks in the Carbon Felt & Graphite Felt Market?
  4. What is the market share of the leading vendors in the Carbon Felt & Graphite Felt Market?
  5. Which modes and strategic moves are suitable for entering the Carbon Felt & Graphite Felt Market?