| Product Code: ETC4517365 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s import shipments of carbon felt and graphite felt in 2024 continued to be dominated by key exporting countries such as the USA, China, Indonesia, Taiwan, Province of China, and Germany. The market concentration, as measured by HHI, significantly increased from 2023 to 2024, indicating a high level of market dominance by these top exporting nations. Despite a negative compound annual growth rate (CAGR) of -8.26% from 2020 to 2024, the industry witnessed a remarkable growth rate of 43.0% from 2023 to 2024, reflecting a potential shift in market dynamics and demand for these specialized materials in India.

The India Carbon Felt and Graphite Felt market is witnessing steady growth due to their applications in various industries. These materials are widely used in high-temperature applications, such as in the aerospace and energy sectors. Carbon and graphite felts find extensive use in thermal insulation, as they can withstand extreme temperatures. With India focus on renewable energy and advancements in the manufacturing sector, the demand for these materials is expected to rise, making it a crucial market to watch in the coming years.
The India Carbon Felt and Graphite Felt market is experiencing growth driven by their diverse applications in high-temperature environments. Carbon and graphite felts are known for their exceptional heat resistance, making them crucial in industries like metallurgy, aerospace, and chemical processing. In the aerospace sector, these materials are used for thermal insulation in aircraft and rocket components. Moreover, in metallurgy and chemical industries, carbon and graphite felts play a vital role in high-temperature furnaces and reactors. As these industries continue to evolve and require materials that can withstand extreme conditions, the India Carbon Felt and Graphite Felt market is set to expand, driven by the need for reliable, high-temperature solutions.
The carbon felt and graphite felt market in India is challenged by the sourcing of raw materials. Carbon felt and graphite felt production often depends on the availability of high-quality carbon and graphite, which can be influenced by global supply chain disruptions. This, in turn, affects the stability and pricing of these materials.
The India Carbon Felt and Graphite Felt market, serving industries like metallurgy, chemical, and electronics, experienced a varied impact due to COVID-19. The market witnessed disruptions in manufacturing and supply chain, leading to delays in projects and reduced demand from certain sectors. However, increased investments in renewable energy and the use of these materials in fuel cells and energy storage systems provided growth opportunities. The market`s recovery depended on the pace of economic revival and industrial projects.
Notable players in the India carbon felt graphite felt market include CFCCARBON CO., LTD India and Kureha Speciality India Pvt. Ltd. These companies provide carbon felt and graphite felt materials for applications in high-temperature insulation, chemical processing, and aerospace sectors in the India market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Carbon Felt & Graphite Felt Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Carbon Felt & Graphite Felt Market Revenues & Volume, 2021 & 2031F |
3.3 India Carbon Felt & Graphite Felt Market - Industry Life Cycle |
3.4 India Carbon Felt & Graphite Felt Market - Porter's Five Forces |
3.5 India Carbon Felt & Graphite Felt Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.6 India Carbon Felt & Graphite Felt Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 India Carbon Felt & Graphite Felt Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 India Carbon Felt & Graphite Felt Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Carbon Felt & Graphite Felt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-performance materials in industries such as aerospace, automotive, and electronics. |
4.2.2 Growing emphasis on energy efficiency and sustainability, driving the adoption of carbon and graphite felt in various applications. |
4.2.3 Technological advancements leading to the development of improved and cost-effective carbon and graphite felt products. |
4.3 Market Restraints |
4.3.1 High initial investment and manufacturing costs associated with carbon and graphite felt production. |
4.3.2 Limited availability of raw materials for the production of high-quality carbon and graphite felt. |
4.3.3 Stringent regulations and environmental concerns related to the production and disposal of carbon and graphite materials. |
5 India Carbon Felt & Graphite Felt Market Trends |
6 India Carbon Felt & Graphite Felt Market, By Types |
6.1 India Carbon Felt & Graphite Felt Market, By Raw Material Type |
6.1.1 Overview and Analysis |
6.1.2 India Carbon Felt & Graphite Felt Market Revenues & Volume, By Raw Material Type, 2021-2031F |
6.1.3 India Carbon Felt & Graphite Felt Market Revenues & Volume, By PAN, 2021-2031F |
6.1.4 India Carbon Felt & Graphite Felt Market Revenues & Volume, By Rayon, 2021-2031F |
6.1.5 India Carbon Felt & Graphite Felt Market Revenues & Volume, By Pitch, 2021-2031F |
6.2 India Carbon Felt & Graphite Felt Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 India Carbon Felt & Graphite Felt Market Revenues & Volume, By Soft Felt , 2021-2031F |
6.2.3 India Carbon Felt & Graphite Felt Market Revenues & Volume, By Rigid Felt, 2021-2031F |
6.3 India Carbon Felt & Graphite Felt Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 India Carbon Felt & Graphite Felt Market Revenues & Volume, By Carbon Felt , 2021-2031F |
6.3.3 India Carbon Felt & Graphite Felt Market Revenues & Volume, By Graphite Felt, 2021-2031F |
6.4 India Carbon Felt & Graphite Felt Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Carbon Felt & Graphite Felt Market Revenues & Volume, By Furnace, 2021-2031F |
6.4.3 India Carbon Felt & Graphite Felt Market Revenues & Volume, By Batteries, 2021-2031F |
6.4.4 India Carbon Felt & Graphite Felt Market Revenues & Volume, By Filters, 2021-2031F |
6.4.5 India Carbon Felt & Graphite Felt Market Revenues & Volume, By Others, 2021-2031F |
7 India Carbon Felt & Graphite Felt Market Import-Export Trade Statistics |
7.1 India Carbon Felt & Graphite Felt Market Export to Major Countries |
7.2 India Carbon Felt & Graphite Felt Market Imports from Major Countries |
8 India Carbon Felt & Graphite Felt Market Key Performance Indicators |
8.1 Research and development investments in new carbon and graphite felt technologies. |
8.2 Adoption rate of carbon and graphite felt in emerging applications and industries. |
8.3 Carbon and graphite felt product innovation rate. |
8.4 Carbon and graphite felt market penetration in key end-user industries. |
8.5 Sustainability initiatives and certifications related to carbon and graphite felt production. |
9 India Carbon Felt & Graphite Felt Market - Opportunity Assessment |
9.1 India Carbon Felt & Graphite Felt Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.2 India Carbon Felt & Graphite Felt Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 India Carbon Felt & Graphite Felt Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 India Carbon Felt & Graphite Felt Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Carbon Felt & Graphite Felt Market - Competitive Landscape |
10.1 India Carbon Felt & Graphite Felt Market Revenue Share, By Companies, 2024 |
10.2 India Carbon Felt & Graphite Felt Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |