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Global Graphite Felt Market to reach USD XX billion by 2027.

Global Graphite Felt Market Size study, by Product Type (Soft Felt, Rigid Felt) by Application (Furnace, Batteries, Filters, Semiconductors, Others) and Regional Forecasts 2021-2027

Product Code: CMCC-94173308
Publish Date: 10-09-2021
Page: 200

Global Graphite Felt Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy CAGR of XX % over the forecast period 2021-2027.
Graphite felt is a soft insulating material made purely with graphite or sometimes mixed with carbon and is typically used in protected environments up to 3000 degrees Celsius. Battery and semiconductor manufacturing is one of the largest applications of graphite felt; hence, rise in demand of batteries is driving the Graphite felt market. Due to the pandemic, the need to realize remote and contactless communication with information technology have also led to a boost in demand of electronic devices.
Graphite Felt market is also driven by rising production of semiconductors in Asia-pacific countries specifically China and India. China has one of the largest semiconductor markets in the world. Currently producing only 16% of the semiconductors domestically, China plans to amplify this figure to 70% by 2025. Such ambitious plans are driving the demand for graphite felts significantly.
Furthermore, graphite felt is ideal for vacuum and gas furnaces where temperatures can range from 2000 to 3000 degree Celsius. This excellent insulation comes from the pure graphite build and thus, is highly demanded for furnace insulation.
However, high cost associated with manufacturing of graphite felts can impede the growth of the market over forecast period of 2021-27. Nevertheless, with increasing demand in electronics market and rising investments in production technology, Graphite Felt Market is likely to increase the market growth during the forecast period.

Considering the regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World, regional analysis depicts that Asia Pacific is the leading player across the world in terms of market share owing to established manufacturing sector, and high demand of batteries and semiconductors in China, India & Japan. Asia Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as increasing industrialization, favorable government initiatives and a vast consumer base would create lucrative growth prospects for the Graphite Felt Market across North America region.

Major market player included in this report are:
SGL Group
Toray Industries
Nippon Carbon
Beijing Great Wall
Chemshine Carbon
CM Carbon
Gansu Haoshi Carbon Fiber
CFC Carbon

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Soft Felt
Rigid Felt
By Application:
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Graphite Felt Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Graphite Felt Market, by Region, 2019-2027 (USD Billion)
1.2.2. Graphite Felt Market, by Product Type, 2019-2027 (USD Billion)
1.2.3. Graphite Felt Market, by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Graphite Felt Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Graphite Felt Market Dynamics
3.1. Graphite Felt Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Rising demand of batteries and semiconductors Crucial application in furnace industry
3.1.2. Market Challenges High manufacturing costs
3.1.3. Market Opportunities Rising investments in production technology development
Chapter 4. Global Graphite Felt Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Graphite Felt Market, by Product Type
5.1. Market Snapshot
5.2. Global Graphite Felt Market by Product Type, Performance – Potential Analysis
5.3. Global Graphite Felt Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)
5.4. Graphite Felt Market, Sub Segment Analysis
5.4.1. Soft Felt
5.4.2. Rigid Felt
Chapter 6. Global Graphite Felt Market, by Application
6.1. Market Snapshot
6.2. Global Graphite Felt Market by Application, Performance – Potential Analysis
6.3. Global Graphite Felt Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.4. Graphite Felt Market, Sub Segment Analysis
6.4.1. Furnace
6.4.2. Batteries
6.4.3. Filters
6.4.4. Semiconductors
6.4.5. Others
Chapter 7. Global Graphite Felt Market, Regional Analysis
7.1. Graphite Felt Market, Regional Market Snapshot
7.2. North America Graphite Felt Market
7.2.1. U.S. Graphite Felt Market Product Type breakdown estimates & forecasts, 2018-2027 Application breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Graphite Felt Market
7.3. Europe Graphite Felt Market Snapshot
7.3.1. U.K. Graphite Felt Market
7.3.2. Germany Graphite Felt Market
7.3.3. France Graphite Felt Market
7.3.4. Spain Graphite Felt Market
7.3.5. Italy Graphite Felt Market
7.3.6. Rest of Europe Graphite Felt Market
7.4. Asia-Pacific Graphite Felt Market Snapshot
7.4.1. China Graphite Felt Market
7.4.2. India Graphite Felt Market
7.4.3. Japan Graphite Felt Market
7.4.4. Australia Graphite Felt Market
7.4.5. South Korea Graphite Felt Market
7.4.6. Rest of Asia Pacific Graphite Felt Market
7.5. Latin America Graphite Felt Market Snapshot
7.5.1. Brazil Graphite Felt Market
7.5.2. Mexico Graphite Felt Market
7.6. Rest of The World Graphite Felt Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. SGL Group Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Toray Industries
8.2.3. Kureha
8.2.4. Nippon Carbon
8.2.5. Beijing Great Wall
8.2.6. Chemshine Carbon
8.2.7. CM Carbon
8.2.8. Gansu Haoshi Carbon Filter
8.2.9. CFC Carbon
8.2.10. Ceramaterials
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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