Market Overview:
The global carbon felt market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for carbon felt in various applications such as furnaces, batteries, filters, and others. Additionally, the growing demand for electric vehicles is also contributing to the growth of this market.
Product Definition:
A type of felt made from carbon fibers, typically used in high-temperature applications.
Soft Felt:
Soft felt is a type of carbon fiber that has been impregnated with resin and then covered with an outer layer of cotton or rayon. It is soft in nature and offers high tensile strength, elongation, low friction coefficient & low density as compared to hard felt.
Rigid Felt:
Rigid Felt is also known as Carbon Felt. It is a type of synthetic felt that contains carbon fibers and has high tensile strength. Rigid felt can be used in applications where low-cost, high-tensile fiber materials are required such as protective clothing, industrial insulation, roofing felts and gaskets among others.
The global rigid felt market size was valued at USD 3.6 billion in 2016.
Application Insights:
The furnace application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising demand for carbon felt products in furnaces as an insulation material is expected to drive the product demand over the next few years. Furnace is one of the key applications where rigid felt is used owing to its high thermal resistance property, which makes it suitable for use in furnaces that operate at higher temperatures.
Carbonfelt finds extensive usage as an insulation material in batteries due to its excellent electric resistance property and ability to resist chemical attacks from battery electrolyte solutions without undergoing any damage or change in properties such as strength, flexibility or density.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Rapid industrialization coupled with increasing demand for carbon felt from battery manufacturers in these countries has contributed significantly to regional growth. In addition, growing construction activities due to rising disposable income of consumers are anticipated to drive product demand further.
North America emerged as the second-largest regional market in 2017 on account of high consumption levels associated with furnaces used for metal processing industries across U.S., Canada and Mexico.
Europe was estimated as third-largest regional market on account of high consumption levels associated with furnaces used for metal processing industries across Germany, Italy.
Growth Factors:
- Increasing demand for lightweight and durable materials in automotive and aerospace industries
- Rising awareness about the benefits of carbon felt products among consumers
- Growing investments in R&D activities to develop innovative applications of carbon felt products
- Proliferation of online retail platforms that offer a wide range of carbon felt products at competitive prices
- Expansion of global manufacturing capacities by key players to cater to the increasing demand for carbon felt
Scope Of The Report
Report Attributes
Report Details
Report Title
Carbon Felt Market Research Report
By Type
Soft Felt, Rigid Felt
By Application
Furnace, Batteries, Filters, Others
By Companies
SGL Group, Toray Industries, Inc., Kureha Corporation, Nippon Carbon Co., Ltd., Beijing Great Wall Co., Ltd., Chemshine Carbon Co. Ltd, CM Carbon Co., Ltd., Gansu Haoshi Carbon Fiber Co., Ltd., CFC Carbon Co., Ltd, Ceramaterials, SGL Group, Texpack S.R.L., Buffalo Felt Products Corp., Carbon Composites, Inc., Agm/Advanced Graphite Materials, Anshan Sinocarb Carbon Fibers Co., Ltd., Cetech Co., Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Carbon Felt Market Report Segments:
The global Carbon Felt market is segmented on the basis of:
Types
Soft Felt, Rigid Felt
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Furnace, Batteries, Filters, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SGL Group
- Toray Industries, Inc.
- Kureha Corporation
- Nippon Carbon Co., Ltd.
- Beijing Great Wall Co., Ltd.
- Chemshine Carbon Co. Ltd
- CM Carbon Co., Ltd.
- Gansu Haoshi Carbon Fiber Co., Ltd.
- CFC Carbon Co., Ltd
- Ceramaterials
- SGL Group
- Texpack S.R.L.
- Buffalo Felt Products Corp.
- Carbon Composites, Inc.
- Agm/Advanced Graphite Materials
- Anshan Sinocarb Carbon Fibers Co., Ltd.
- Cetech Co., Ltd.
Highlights of The Carbon Felt Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soft Felt
- Rigid Felt
- By Application:
- Furnace
- Batteries
- Filters
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carbon Felt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carbon felt is a type of felt that is made from carbon fiber. It is used to make products such as hats, jackets, and other clothing items.
Some of the major players in the carbon felt market are SGL Group, Toray Industries, Inc., Kureha Corporation, Nippon Carbon Co., Ltd., Beijing Great Wall Co., Ltd., Chemshine Carbon Co. Ltd, CM Carbon Co., Ltd., Gansu Haoshi Carbon Fiber Co., Ltd., CFC Carbon Co., Ltd, Ceramaterials, SGL Group, Texpack S.R.L., Buffalo Felt Products Corp., Carbon Composites, Inc., Agm/Advanced Graphite Materials, Anshan Sinocarb Carbon Fibers Co., Ltd., Cetech Co., Ltd..
The carbon felt market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carbon Felt Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Carbon Felt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carbon Felt Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Carbon Felt Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Carbon Felt Market Size & Forecast, 2018-2028
4.5.1 Carbon Felt Market Size and Y-o-Y Growth
4.5.2 Carbon Felt Market Absolute $ Opportunity
Chapter 5 Global Carbon Felt Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Carbon Felt Market Size Forecast by Type
5.2.1 Soft Felt
5.2.2 Rigid Felt
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Carbon Felt Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Carbon Felt Market Size Forecast by Applications
6.2.1 Furnace
6.2.2 Batteries
6.2.3 Filters
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carbon Felt Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carbon Felt Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Carbon Felt Analysis and Forecast
9.1 Introduction
9.2 North America Carbon Felt Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Carbon Felt Market Size Forecast by Type
9.6.1 Soft Felt
9.6.2 Rigid Felt
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Carbon Felt Market Size Forecast by Applications
9.10.1 Furnace
9.10.2 Batteries
9.10.3 Filters
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Carbon Felt Analysis and Forecast
10.1 Introduction
10.2 Europe Carbon Felt Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Carbon Felt Market Size Forecast by Type
10.6.1 Soft Felt
10.6.2 Rigid Felt
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Carbon Felt Market Size Forecast by Applications
10.10.1 Furnace
10.10.2 Batteries
10.10.3 Filters
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Carbon Felt Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Carbon Felt Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Carbon Felt Market Size Forecast by Type
11.6.1 Soft Felt
11.6.2 Rigid Felt
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Carbon Felt Market Size Forecast by Applications
11.10.1 Furnace
11.10.2 Batteries
11.10.3 Filters
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Carbon Felt Analysis and Forecast
12.1 Introduction
12.2 Latin America Carbon Felt Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Carbon Felt Market Size Forecast by Type
12.6.1 Soft Felt
12.6.2 Rigid Felt
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Carbon Felt Market Size Forecast by Applications
12.10.1 Furnace
12.10.2 Batteries
12.10.3 Filters
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Carbon Felt Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Carbon Felt Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Carbon Felt Market Size Forecast by Type
13.6.1 Soft Felt
13.6.2 Rigid Felt
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Carbon Felt Market Size Forecast by Applications
13.10.1 Furnace
13.10.2 Batteries
13.10.3 Filters
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carbon Felt Market: Competitive Dashboard
14.2 Global Carbon Felt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SGL Group
14.3.2 Toray Industries, Inc.
14.3.3 Kureha Corporation
14.3.4 Nippon Carbon Co., Ltd.
14.3.5 Beijing Great Wall Co., Ltd.
14.3.6 Chemshine Carbon Co. Ltd
14.3.7 CM Carbon Co., Ltd.
14.3.8 Gansu Haoshi Carbon Fiber Co., Ltd.
14.3.9 CFC Carbon Co., Ltd
14.3.10 Ceramaterials
14.3.11 SGL Group
14.3.12 Texpack S.R.L.
14.3.13 Buffalo Felt Products Corp.
14.3.14 Carbon Composites, Inc.
14.3.15 Agm/Advanced Graphite Materials
14.3.16 Anshan Sinocarb Carbon Fibers Co., Ltd.
14.3.17 Cetech Co., Ltd.
