Carbon Felt & Graphite Felt Market

SGL Group (Germany) and Chemshine Carbon Co. Ltd. (China) and leading players in Carbon Felt and graphite Felt Market

Carbon Felt and graphite Felt are non-woven fabrics made from carbon fiber. These non-woven fabrics, when passed through processes such as carbonizing, graphitizing, pressing, and mixing, forms Carbon felt and graphite felt. These felts are available in two product types, namely, soft felt and rigid felt. Carbon felt and graphite felt are used in various applications including furnace, batteries, and filters. The carbon felt and graphite felt market is projected to reach USD 460.8 million by 2023, at a CAGR of 9.5% between 2018 and 2023.

Major players operating in the carbon felt and graphite felt market include SGL Group (Germany), Toray Industries, Inc. (Japan), Kureha Corporation (Japan), Nippon Carbon Co., Ltd. (Japan), Beijing Great Wall Co., Ltd. (China), Chemshine Carbon Co., Ltd. (China), CM Carbon Co., Ltd. (China), and Gansu Haoshi Carbon Fiber Co., Ltd. (China). These companies have a strong presence in the carbon felt and graphite felt market and are focusing on expanding their business through various strategies and increasing their product portfolio.

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SGL Group (Germany) is one of the premium companies in the carbon felt and graphite felt market. The company designs, manufactures, and distributes carbon and graphite felt products, globally. It provides soft and rigid carbon felts for applications such as high-temperature furnaces and energy storage as well as the semiconductor and photovoltaic industries. The company has manufacturing facilities in North America, Europe, and APAC. In July 2017, the company expanded its rigid felt business by investing in the development of its production site at Yangquan in the Chinese province of Shanxi. The production site is used to manufacture rigid felt for high-quality insulation materials used in industrial inert gas and vacuum furnaces. This expansion has helped the company to meet the steadily increasing demand for carbon felt and graphite felt in APAC.

Chemshine Carbon Co. Ltd. (China) is another major company operating in the carbon felt and graphite felt market. The company has a broad product portfolio and a strong distribution network, globally, which helps the company to provide better service to customers and maintain its strong brand image in the carbon felt and graphite felt market.

Related Reports:

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

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Carbon Felt & Graphite Felt Market Size,  Share & Growth Report
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