Global Rigid Graphite Felt
Market Report
2025
The global Rigid Graphite Felt Market size is USD 515.9 million in 2024. The increasing need for high-temperature applications is expected to boost sales to USD 943.0 Million by 2031 with a Compound Annual Growth Rate (CAGR) of 9.00% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Rigid Graphite Felt market size is USD 515.9 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 206.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 154.77 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 118.66 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 25.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 10.32 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031.
PAN-Based Rigid Graphite Felt held the highest Rigid Graphite Felt market revenue share in 2024.
2021 | 2025 | 2033 | CAGR | |
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Global Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 9% |
North America Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 7.2% |
United States Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 7% |
Canada Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 8% |
Mexico Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 7.7% |
Europe Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 7.5% |
United Kingdom Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 8.3% |
France Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 6.7% |
Germany Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 7.7% |
Italy Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 6.9% |
Russia Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 6.5% |
Spain Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 6.6% |
Rest of Europe Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 6.2% |
Asia Pacific Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 11% |
China Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 10.5% |
Japan Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 9.5% |
India Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 12.8% |
South Korea Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 10.1% |
Australia Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 10.7% |
Rest of APAC Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 10.8% |
South America Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 8.4% |
Brazil Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 9% |
Argentina Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 9.3% |
Colombia Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 8.2% |
Peru Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 8.6% |
Chile Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 8.7% |
Rest of South America Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 7.5% |
Middle East Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 8.7% |
Egypt Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 9% |
Turkey Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 8.2% |
Rest of Middle East Rigid Graphite Felt Market Sales Revenue | 121212 | 121212 | 121212 | 7.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type | |
Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers: The growth of the market will be driven by the increasing use of heat insulation. Increasing need for high-temperature applications. Technological advancements Growing emphasis on energy efficiency. Growth in Industrial Manufacturing Environmental Regulations | |
Market Restrains: High Production Costs Limited Awareness and Adoption | |
Market Trends:
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Rigid Graphite Felt Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Rigid Graphite Felt Market refers to the enterprise section that involves the manufacturing, distribution, and intake of rigid graphite felt merchandise. Rigid graphite felt is a specialized material recognized for its excessive-temperature resistance, thermal insulation properties, and durability. The market encompasses producers, suppliers, and customers of inflexible graphite felt used in diverse applications consisting of aerospace, car, electronics, and business sectors. Market dynamics encompass factors like demand, delivery, pricing, trends, and opposition unique to inflexible graphite felt merchandise and their market ecosystem. Factors driving the Rigid Graphite Felt Market include the growing demand for high-temperature insulation solutions in industries such as aerospace, automotive, and electronics. The specific characteristics of rigid graphite felt, such as its ability to withstand high temperatures and maintain thermal stability, make it a preferred choice for tasks that need heat regulation. Furthermore, the increasing focus on durability and eco-friendliness is leading to the use of rigid graphite felt as a alternative insulation option. Advances in technology and updated production methods also drive the market forward by enhancing the versatility and performance of stiff graphite felt goods.
For instance, in August 2021, SGL Carbon SE said that it will increase its graphite production capacity in China, Germany, and the United States for use in semiconductors. The move will increase the demand for carbon and graphite felt in Asia, North America, and Europe. (Source: https://www.sglcarbon.com/en/newsroom/news/press-report/sgl-carbon-expands-capacities-for-graphite-products-for-use-in-the-semiconductor-industry/)
Rigid graphite felts are commonly used for heat insulation in vacuum furnaces. The increasing demand for thermal insulation is attributed to the growing worldwide steel production, which will propel the market's expansion in the predicted timeframe. According to the 2021 Stainless Steel Figures report by the World Steel Association, global crude steel production in 2020 was 1878 million tons, with the Asia-Pacific region leading the way at 1388.7 million tons. In 2020, the European region and the Middle East region also produced 139.2 million tons and 45.4 million tons of crude oil. The significant need for steel production will increase the use of thermal insulation in furnaces, leading to market growth in the future.
The increasing awareness of energy efficiency in the Rigid Graphite Felt Market is a significant driver of market growth. Businesses are giving more importance to energy-saving and environmentally-friendly practices, leading them to seek materials such as Rigid Graphite Felt, known for its excellent thermal insulation properties. Industries can enhance their energy efficiency, reduce heat loss, and improve overall operational performance by utilizing Rigid Graphite Felt. This increased focus on power efficiency not only supports environmental goals but also promotes the use of Rigid Graphite Felt as a crucial solution for improving thermal management and reducing power consumption in various commercial applications.
High costs of production are a common obstacle that is impeding the expansion of the Rigid Graphite Felt Market. The specific production methods and raw materials needed for producing Rigid Graphite Felt contribute to higher manufacturing costs. The high costs may cause Rigid Graphite Felt to be less competitive than other insulation materials, affecting its market reach. The monetary burden of producing Rigid Graphite Felt can deter industries from using it extensively, restricting its widespread adoption and hindering market growth potential.
The impact of COVID-19 on the Rigid Graphite Felt Market has been significant. The global pandemic caused disruptions in global supply chains, resulting in manufacturing delays and shortages of raw materials, impacting the production of Rigid Graphite Felt. Various sectors experienced economic instability and reduced investments, leading to a decrease in demand for insulation materials such as Rigid Graphite Felt. Nevertheless, the increased focus on the efficiency and sustainability of electricity post-pandemic could offer opportunities for the market to bounce back and grow as businesses prioritize eco-friendly options. Adjusting to changing market conditions and implementing tactics to address the challenges presented by Covid-19 are essential for the resilience of the Rigid Graphite Felt Market.
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In the competitive landscape of the Rigid Graphite Felt Market, many major players compete for market share and progress in innovation. SGL Carbon, Kureha Corporation, Beijing Great Wall Co., Ltd. And Nippon Carbon Co., Ltd.are well-known companies recognized for their high-quality rigid graphite felt products. These business executives focus on research and development to improve product performance and meet the diverse needs of customers. Additionally, local gamers and new businesses contribute to the market's vitality by providing niche solutions and encouraging competition. Partnerships, strategic collaborations, and acquisitions are frequently used by companies to strengthen their market position and increase their presence in the competitive Rigid Graphite Felt Market.
In August 2022, SGL Carbon Company announced plans to expand capacity for graphite materials used in the semiconductor industry at its Shanghai (China), St. Marys (USA), and Meitingen (Germany) facilities. (Source: https://www.sglcarbon.com/en/newsroom/news/press-report/sgl-carbon-expands-capacities-for-graphite-products-for-use-in-the-semiconductor-industry/) In July 2020, Mersen Graphite, a France-based firm that provides carbon felt and graphite felt solutions, acquired the felt insulation assets of America. This US-based company deals with graphite and carbon fiber insulation. This acquisition will boost Mersen Graphite's felt business, contributing to market expansion over the predicted term. (Source: https://www.mersen.us/news/mersen-acquire-felt-insulation-assets-american-company-americarb)
Top Companies Market Share in Rigid Graphite Felt Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America's dominates in the Rigid Graphite Felt Market is due to various factors. Industries such as aerospace, automobile, and electronics in the region contribute to the high demand for high-performance insulation materials like rigid graphite felt. Furthermore, North America is known for its emphasis on technological progress and innovation, leading to the development of advanced applications utilizing rigid graphite felt. Key market players, research institutions, and supportive government initiatives also play a role in the region's dominance in the Rigid Graphite Felt Market.
Asia Pacific stands out as the fastest-growing region in the Rigid Graphite Felt market due to several compelling reasons. In Asia Pacific, rigid graphite felt is widely used in filters, batteries, furnaces, and a variety of other uses. The growing renewable energy sector is driving up demand for rigid graphite in the Asia-Pacific region. The increased emphasis on emission control and energy-saving regulations is propelling the rigid graphite felt industry in the region.
The current report Scope analyzes Rigid Graphite Felt Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Rigid Graphite Felt market size was estimated at USD 515.9 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 206.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
According to Cognitive Market Research, the global Rigid Graphite Felt market size was estimated at USD 515.9 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 154.77 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
According to Cognitive Market Research, the global Rigid Graphite Felt market size was estimated at USD 515.9 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 118.66 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.
According to Cognitive Market Research, the global Rigid Graphite Felt market size was estimated at USD 515.9 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 25.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.
According to Cognitive Market Research, the global Rigid Graphite Felt market size was estimated at USD 515.9 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 10.32 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031.
Global Rigid Graphite Felt Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Rigid Graphite Felt Industry growth. Rigid Graphite Felt market has been segmented with the help of its Type, Application , and others. Rigid Graphite Felt market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Rigid Graphite Felt Market?
According to Cognitive Market Research, in 2024, PAN-Based Rigid Graphite Felt dominated the Rigid Graphite Felt Market. Pan, also called polyacrylonitrile, is highly heat resistant and easy to cut and install. Pan-based carbon and graphite felt are widely utilized in heat insulation and battery applications. As a result, market participants and research organizations are active in the increased implementation of this raw material.
The Rayon-Based Rigid Graphite Felt segment is experiencing rapid growth in the market due to its unique properties and benefits. Graphite felt made from rayon is recognized for its excellent thermal conductivity, exceptional thermal stability, and ability to withstand severe conditions. These qualities make it the top choice for applications needing high-temperature insulation, including in the aerospace, automotive, and electronics sectors.
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According to Cognitive Market Research, the Thermal Insulation segment dominates the market in the Rigid Graphite Felt Market because of the high demand for materials that provide efficient insulation in applications such as vacuum furnace insulation. Industries that need reliable thermal management solutions value materials such as Rigid Graphite Felt for its excellent thermal conductivity, stability, and insulation properties.
The Vacuum Furnace Insulation segment is experiencing the fastest growth in the Rigid Graphite Felt Market. This stage is rapidly expanding because of the increased need for high-performance insulation materials in industries that use vacuum furnaces. Vacuum furnaces need materials that have excellent thermal stability, low heat conductivity, and can withstand high temperatures to ensure effective and dependable functioning.
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Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
The global Rigid Graphite Felt market will expand significantly by 9.00% CAGR between 2024 to 2031.
PAN-Based Rigid Graphite Felt would lead the Rigid Graphite Felt Market. Pan, also known as polyacrylonitrile, is extremely heat resistant and easy to cut and install.
The Thermal Insulation segment dominates the Rigid Graphite Felt Market due to the growing demand for materials that provide effective insulation in applications such as vacuum furnace insulation.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | |
Application | Vacuum Furnace Insulation, Thermal Insulation |
List of Competitors | SGL Carbon, Kureha Corporation, Beijing Great Wall Co., Ltd., Nippon Carbon Co., Ltd., CM Carbon, CFC Carbon Co. LTD., Sinotek Materials Co., Olmec Advanced Materials, Mersen Graphite, Others |
This chapter will help you gain GLOBAL Market Analysis of Rigid Graphite Felt. Further deep in this chapter, you will be able to review Global Rigid Graphite Felt Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Rigid Graphite Felt. Further deep in this chapter, you will be able to review North America Rigid Graphite Felt Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Rigid Graphite Felt. Further deep in this chapter, you will be able to review Europe Rigid Graphite Felt Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Rigid Graphite Felt. Further deep in this chapter, you will be able to review Asia Pacific Rigid Graphite Felt Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Rigid Graphite Felt. Further deep in this chapter, you will be able to review South America Rigid Graphite Felt Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Rigid Graphite Felt. Further deep in this chapter, you will be able to review Middle East Rigid Graphite Felt Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Rigid Graphite Felt. Further deep in this chapter, you will be able to review Middle East Rigid Graphite Felt Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Rigid Graphite Felt. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Rigid Graphite Felt market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why have a significant impact on Rigid Graphite Felt market? |
What are the key factors affecting the and of Rigid Graphite Felt Market? |
What is the CAGR/Growth Rate of Vacuum Furnace Insulation during the forecast period? |
By type, which segment accounted for largest share of the global Rigid Graphite Felt Market? |
Which region is expected to dominate the global Rigid Graphite Felt Market within the forecast period? |
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Additional Qualitative Data |
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