Global Graphite Fiber Felt Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Graphite Fiber Felt Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Graphite fiber felt is a rayon based material that is an ideal choice for vacuum furnaces or process temperatures above 2000° C. Graphite felt can be purified to less than 20 ppm total ash content.

Graphite felt is typically processed to temperature above 2200° C. Graphite Felt is produced in 0.25” and 0.50” thicknesses in widths up to 1.2 Meters.

The needle-punched PAN based and graphite felt is light in weight and has low thermal conductivity. It can be used in oxidizing temperatures up to 400 °C and in vacuum or protective atmospheres up to 3200 °C

Market Overview:


The latest research study on the global Graphite Fiber Felt market finds that the global Graphite Fiber Felt market reached a value of USD 557.75 million in 2022. It’s expected that the market will achieve USD 996.9 million by 2028, exhibiting a CAGR of 10.16% during the forecast period.

The growth of the Graphite Fiber Felt market is largely driven by downstream consumptions. In developing countries, with the development of economy and technology, the increase environmental protection awareness, continuously expand the thermoplastic composite applications, including Insulation, Filter Material, Flow Battery and such disinfection industries, to expand the market size. What is more, the technology advance, the entrance of international large enterprises, the growth of local businesses, will also promote the sale of Graphite Fiber Felt. In developed market, they have proprietary patented technology, leading scientific experts, a highly competent management team, good environmental awareness, high technical standards, more photovoltaic, all of which make a growing market demand for the Graphite Fiber Felt.

Driving Factors

The revival of the photovoltaic industry, especially in emerging countries such as India and Brazil;
Promotion from VRB and other energy storage areas.

Market Restraints


The high-end market is relatively concentrated, the low-end market is highly fragmented, and the homogenization competition is serious.

Opportunities

Continuous expansion of potential applications in this market; Government Policy Support

Region Overview:


China had the highest growth rate of all regions

Company Overview:


Sgl Group, KUREHA ,Chemshine Carbon ,Ceramaterials and Gansu Haoshi Carbon Fiber are the five key players in the global Graphite Fiber Felt market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Graphite Fiber Felt market in the past 5 years.

Segmentation Overview:


Among different product types, Rayon Graphite Felt segment is anticipated to contribute the largest market share in 2027.

Application Overview:


By application, the Insulation segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Graphite Fiber Felt market covered in Chapter 3:

CFC Carbon
AvCarb
Carbon Composites
Cetech
Chemshine Carbon
Beijing Great Wall
Morgan Advanced Materials
CeraMaterials
Sinotek Materials
Gansu Haoshi Carbon Fiber
Kureha Corporation
CM Carbon
Nippon Carbon
HP Materials Solutions
Mersen
SGL Carbon
CGT Carbon

In Chapter 4 and Chapter 14.2, on the basis of types, the Graphite Fiber Felt market from 2018 to 2029 is primarily split into:

PAN Graphite Felt
Rayon Graphite Felt
Pitch Graphite Felt

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Graphite Fiber Felt market from 2018 to 2029 covers:

Thermal Insulation Material
Electrode Material
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)