The new report by Expert Market Research titled, ‘Global Carbon Felt and Graphite Felt Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global carbon felt and graphite felt market, assessing the market based on its raw material, type, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/carbon-felt-and-graphite-felt-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Forecast CAGR (2021-2026): 8.3%
The growth in the global carbon felt and graphite felt markets is induced by the rising demand from industrial applications like liquid heating, gas manufacturing, and vacuum distillation. This rise in demand can be attributed to the product’s advantageous properties, particularly its energy efficiency and cost savings. Graphite and carbon felts are ideal insulation materials because they are easy to set up, flexible, and have low sulphur and ash content. They also have low thermal conductivity, allowing for the furnace to be heated and cooled quickly. Furthermore, the growing use of graphite and carbon felts in high-performance batteries due to their high thermal insulation, lightweight nature, and chemical stability is boosting the market.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/carbon-felt-and-graphite-felt-market
Industry Definition and Major Segments
Carbon and graphite felt are flexible refractory materials that are perfect for high-temperature insulation. These are widely used in the cathodes and electrodes for a variety of designs of battery, as well as insulation for inert gas furnaces and vacuum furnaces.
Based on raw material, the market is divided into:
- Polyacrylonitrile (PAN)
Based on type, the industry is segmented into:
- Carbon Felt
- Graphite Felt
Based on application, the market can be categorised as:
- Heat Insulation
- Absorptive Materials
On the basis of region, the market is divided into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Rapidly increasing investments in R & D in carbon felt and graphite felt by manufacturers for multiple applications are also fueling the advancement of the carbon felt and graphite felt industry. The rapid expansion of the renewable energy sector is opening up new possibilities for the industry. Factors such as increased demand for batteries and heat insulation, as well as initiatives by governments such as investing heavily in infrastructure-friendly and energy-saving strategies in nations such as India and China, have resulted in rising demand for carbon felt and graphite felt. However, the high cost of carbon felt production may function as a major restraint on the rate of growth of the carbon felt and graphite felt markets during the forecast years.
Key Market Players
The major players in the market are CGT Carbon GmbH, Morgan Advanced Material plc, Sinotek Materials Co., Ltd., Beijing Great Wall Co., Ltd., Chemshine Carbon Co., Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:-
Global Household Robots Market: https://www.expertmarketresearch.com/reports/household-robots-market
Indian Advertising Market: https://www.expertmarketresearch.com/reports/indian-advertising-market
Global Solar Cables Market: https://www.expertmarketresearch.com/reports/solar-cable-market
Global Kelly Drive Market: https://www.expertmarketresearch.com/reports/kelly-drive-market
Global Tattoo Removal Market: https://www.expertmarketresearch.com/reports/tattoo-removal-market
Global Tall Oil Rosin Market: https://www.expertmarketresearch.com/reports/tall-oil-rosin-market
Global System Integration Market: https://www.expertmarketresearch.com/reports/system-integration-market
Global Solar Tracker Market: https://www.expertmarketresearch.com/reports/solar-tracker-market
Global Sodium Lauryl Ether Sulphate [SLES] Market: https://www.expertmarketresearch.com/reports/sodium-lauryl-ether-sulfate-market
Global Photonic Integrated Circuits (PIC) Market: https://www.expertmarketresearch.com/reports/photonic-integrated-circuits-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Read about global glass packaging market: https://expertmarketresearch-emr.blogspot.com/2021/07/glass-packaging-market.html
Introducing Procurement Resources Services of EMR Inc.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Company Name: Expert Market Research
Contact Person: Matt Johnson
Email: Send Email
Address:30 North Gould Street
Country: United States