- Carbon felt and graphite felt are essential components used in high-temperature insulation, energy storage systems, and furnace applications, offering superior thermal stability, chemical resistance, and electrical conductivity
- The demand for carbon felt and graphite felt is significantly driven by the growing adoption of renewable energy solutions, such as flow batteries and solar power systems, along with the expansion of metallurgical and aerospace industries
- North America is expected to dominate the Carbon Felt and Graphite Felt market due to advanced energy storage projects, robust industrial infrastructure, and strong presence of key manufacturers
- Asia-Pacific is expected to be the fastest growing region in the Carbon Felt and Graphite Felt market during the forecast period, fuelled by rapid industrialization, expanding electronics sector, and government initiatives promoting clean energy
- The carbon felt segment is expected to dominate the market with a 56.72% share in 2025, owing to its cost-effectiveness, excellent thermal insulation properties, and extensive usage in high-temperature industrial furnaces and energy storage systems such as redox flow batteries.
