Global Carbon Felt & Graphite Felt Industry

Global Carbon Felt & Graphite Felt Industry

  • April 2021 •
  • 380 pages •
  • Report ID: 6031060 •
  • Format: PDF
Abstract:
- Global Carbon Felt & Graphite Felt Market to Reach $589.7 Million by 2027
- Amid the COVID-19 crisis, the global market for Carbon Felt & Graphite Felt estimated at US$338.7 Million in the year 2020, is projected to reach a revised size of US$589.7 Million by 2027, growing at a CAGR of 8.2% over the analysis period 2020-2027. PAN, one of the segments analyzed in the report, is projected to record a 9.1% CAGR and reach US$254 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Pitch segment is readjusted to a revised 7.8% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $91.5 Million, While China is Forecast to Grow at 12.5% CAGR
- The Carbon Felt & Graphite Felt market in the U.S. is estimated at US$91.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$135.7 Million by the year 2027 trailing a CAGR of 12.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.
- Rayon Segment to Record 7.4% CAGR
- In the global Rayon segment, USA, Canada, Japan, China and Europe will drive the 6.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$63 Million in the year 2020 will reach a projected size of US$100 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$81.7 Million by the year 2027, while Latin America will expand at a 8.8% CAGR through the analysis period.

- Select Competitors (Total 47 Featured) -
  • Agm/Advanced Graphite Materials
  • Anshan Sinocarb Carbon Fibers Co., Ltd.
  • Anssen Metallurgy Group Co., Ltd
  • Beijing Great Wall Co., Ltd.
  • Buffalo Felt Products Corp.
  • Carbon Composites, Inc.
  • Cetech Co., Ltd.
  • Chemshine Carbon Co., Ltd.
  • CM Carbon Co., Ltd.
  • Fiber Materials Inc.
  • Gansu Haoshi Carbon Fiber Co., Ltd
  • Kureha Corporation
  • Mersen
  • Morgan Advanced Materials PLC
  • Nippon Carbon Co., Ltd.
  • SGL Group
  • Sinotek Materials Co., Ltd.
  • Svetlogorskkhimvolokno
  • Texpack S.R.L.
  • Toray Industries, Inc.