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Carbon and Graphite Felt Market Trends

  • Report ID: GMI6144
  • Published Date: Jul 2023
  • Report Format: PDF

Carbon and Graphite Felt Market Trends

Carbon and graphite felt materials are known for their excellent thermal resistance and stability at high temperatures. As a result, there is an increasing demand for these materials in applications such as aerospace, automotive, energy, and metallurgy, where high-temperature insulation and thermal management are critical. The increasing demand for energy storage solutions, particularly in renewable energy systems and electric vehicles, has created new opportunities for carbon and graphite felt materials. These materials are used as electrodes and current collectors in various battery technologies, including lithium-ion batteries, fuel cells, and supercapacitors. The increasing demand for energy storage solutions, particularly in renewable energy systems and electric vehicles, has created new opportunities for carbon and graphite felt materials. These materials are used as electrodes and current collectors in various battery technologies, including lithium-ion batteries, fuel cells, and supercapacitors. Thus, the growing prevalence of chronic and blood-related disorders is expected to expedite the Carbon Felt-Graphite Felt market expansion.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Carbon and graphite felt industry size was USD 500 million in 2022 and is projected to reach USD 950 million by 2032 owing to increasing adoption in thermal insulation in furnaces, kilns, and high-temperature processing equipment.

High-purity segment held 45% revenue share of the carbon felt & graphite felt market in 2022 and is estimated to depict lucrative gains through 2032 driven by the growing need for minimal impurity materials in aerospace, semiconductor manufacturing, chemical processing, and energy storage systems.

U.S. carbon and graphite felt industry size amassed USD 225 million in 2022 and is poised to expand at notable CAGR from 2023-2032 owing to the presence of robust aerospace and defense sector in the region.

Some leading carbon felt graphite firms include SGL Carbon, Toray Industries, Nippon Carbon Co, CFC Carbon Co, and Kureha Corporation among others.

Carbon & Graphite Felt Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 196
  • Countries covered: 20
  • Pages: 180
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