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Press release content from Business Wire. The AP news staff was not involved in its creation. Global Carbon Felt and Graphite Felt Market (2020 to 2025) - Growth, Trends, and Forecasts - ResearchAndMarkets.com January 18, 2021 GMT DUBLIN (BUSINESS WIRE) Jan 18, 2021 ADVERTISEMENT The major factor driving the market studied is the improved performance of carbon fiber in high-temperature applications. On the flip side, the high cost associated with carbon felt manufacturing is expected to hinder the market growth. Companies Mentioned Anssen Metallurgy Group Co.Ltd Kureha Corporation Growing Demand from Heat Insulation Segment Several industrial activities, like heating fluids, vacuum distillation, or manufacturing of gases, such as ethylene, vinyl chloride monomer, and synthetic gas, have employed process furnaces. Other than these, steel manufacturing is the major industry where a furnace is used.

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