Carbon felt and graphite felt are textile materials produced by matting, condensing, and pressing fibers. These materials possess high insulating properties. Carbon felt and graphite felt also possess structural stability. Therefore, these materials are used in high performance batteries and furnaces for energy saving. Carbon felt and graphite felt are cost effective. Rise in demand for high performance batteries and improvement in performance of carbon fibers, especially in high temperature applications, are key drivers expected to propel the demand for carbon felt and graphite felt during the forecast period.

Planning to lay down strategy for the next few years? Our report can help shape your plan better 

The global carbon felt and graphite felt market can be segmented based on product, material application, and region. Based on product type, the global carbon felt and graphite felt market can be bifurcated into rigid felt and soft felt. Soft felt is expected to be a major segment of the market during the forecast period. In terms of material type, the global carbon felt and graphite felt market can be divided into carbon felt and graphite felt. Carbon felt is the leading segment of the market. Based on application, the global carbon felt and graphite felt market can be segregated into furnace, batteries, filters, and others.

Is something restraining your company’s growth in the Carbon Felt and Graphite Felt Market ? Ask for the report brochure here

Based on region, the global carbon felt and graphite felt market can be classified into North America, Europe Asia Pacific, Middle East & Africa, and Latin America. In terms of demand, Asia Pacific accounted for prominent share of the market in 2017. It is likely to remain the dominant region during the forecast period. Rise in demand for ecofriendly products such as batteries and focus on emission control are the major factors estimated to boost the demand for carbon felt and graphite felt in Asia Pacific during the forecast period. China and India are the major countries in Asia Pacific projected to hold key share of the carbon felt and graphite felt market in Asia Pacific.

Explore Precise Insights on Booming Market Industries by Our Leading Market Experts

Leave a Reply

Your email address will not be published. Required fields are marked *