Global Carbon Felt & Graphite Felt Market Report 2018-2023
DUBLIN, Oct. 23, 2018 /PRNewswire/ --
The "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" report has been added to ResearchAndMarkets.com's offering.
The carbon felt and graphite felt market 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 growth of the carbon felt and graphite felt market is attributed to the increasing demand from the furnace application.
The carbon felt and graphite felt market has been segmented on the basis of raw material type, product type, type, application, and region. Based on the raw material type, the carbon felt and graphite felt market has been segmented into PAN, rayon, and pitch. PAN-based carbon felt and graphite felt holds the largest share in the market.
On the basis of product type, the market is segmented into soft felt and rigid felt. The rigid felt product type accounted for a major market share in 2017, due to its large scale applications in furnace and batteries. On the basis of type, the market is segmented into carbon felt and graphite felt.
Based on application, the carbon felt and graphite felt market is segmented into furnace, batteries, filters, and others. Furnace is the major application of carbon felt and graphite felt. The batteries application is expected to be the fastest-growing segment of the carbon felt and graphite felt market. Carbon and graphite felts find wide applications due to their properties such as high thermal insulation, broad operational range, chemical stability, and lightweight.
APAC was the fastest-growing carbon felt and graphite felt market, in terms of value and volume. The increasing demand for carbon and graphite felts from the emerging economies and rising government spending on infrastructural projects are the main factors contributing to the market growth in APAC.
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 absence of quality control in developing economies is restraining the market growth.
SGL Group (Germany) is among the major player in the carbon felt and graphite felt market. The company is focused on expanding its production facility to cater to increasing demand for carbon and graphite felts.
Key Topics Covered:
1 Introduction
2 Research Methodology
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
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
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
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