Global graphite felt market, 2024-2030

Graphite felt is a textilematerial, 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. Graphite felt is used as a insulating material in high temperature application such as usedin furnaces, heat sinks and thermal insulator. Graphite felt has special application in electric battery for saving energy. The graphite felt material are cost affective and has agood structural stability.

The graphite felt material are classified into three types as per their compositions, namely, Polyacrylonitrile (PAN), Rayon and Pitch. The PAN stiffer in nature 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-effectivegraphite felt manufacturing in large application and lack of quality control standardization in develop and developing countries are the main impedes to the global graphite felt market.

The global graphite 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 graphite feltmarket is growing at a fast pace and increasing its geographical footprint rapidly. The global graphite feltmarket 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 graphite felt market globally is the demand for high performance batteries increases and rapid expansion in insulating material applications make market demanding.

Graphite felt enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East and Africa, and South America. These regions serve large number of manufacturers and are hence responsible for the growth of graphite feltmarket globally. The companies that lead global graphite felt market are SGL Graphites, Nippon Graphite Co. Ltd., Toray Industries, Inc., Kureha Corporation, and so on.

Research Methodology

The research process includes the market segmentation of the global graphite feltmarket, 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 global graphite feltmarket industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (40%), Asia (35%), Europe (25%)

By designation:

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

Contents of the report:

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

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