Global carbon felt market, 2024-2030

Carbon felt is a textile material, which is soft flexible, high temperature refractory insulation materials, typically used in vacuum and protected atmosphere with height temperature. This can be produced by condensing, matting and pressing the fiber. Carbon felt is used as a insulating material in high temperature application such as used in furnaces, heat sinks and thermal insulator. Carbon felt has special application in electric battery for saving energy. The carbon felt material are cost affective and has a good structural stability.

The carbon felt material is classified into three types as per their compositions, namely, Polyacrylonitrile (PAN), Rayon and Pitch. The PAN stiffer in nature than but not as soft as rayon material. The various types of felt area available as application. Pitch types of felts area light in weight has a chemical as well as oxidation resistance.

The high prices and lack of cost-effective carbon felt manufacturing in large application and lack of quality control standardization in develop and developing countries are the main impedes to the global carbon felt market.

The global carbon felt market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global carbon felt market is growing at a fast pace and increasing its geographical footprint rapidly. The global carbon felt market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.

The growth is comparatively higher in Asia Pacific region due to expansion in battery applications. The major growth driver for global carbon felt market globally is the demand for high performance batteries increases and rapid expansion in insulating material applications make market demanding.

Carbon felt enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East and Africa, and Latin America. These regions serve large number of manufacturers and are hence responsible for the growth of carbon felt market globally. The companies that lead global carbon felt market are SGL Carbons, Nippon Carbon Co. Ltd., Fibrematerials Inc.,Toray Industries, Inc., Kureha Corporation, etc.

Research Methodology

The research process includes the market segmentation of the global carbon felt market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the carbon felt industry experts. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (30%), Suppliers (30%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global carbon felt industry dynamics
• Estimation of the present global carbon felt market size in terms of value and volume
• Global carbon felt market breakup based on type and application
• Substantiated global carbon felt market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global carbon felt industry value chain

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