Global Carbon Graphite Brush market is projected to reach 2190 Million US$ by 2025
Published Date: 2018/11/21
Carbon Brush is a device which conducts current between stationary wires and moving parts, most commonly in a rotating shaft. Its basic applications are electric motors, alternators and electric generators.
The characteristics of carbon brush material measured by carbon brush manufacturers are as follows: self-lubrication, conductivity, durability, and rid ability during sliding contact.
The environment of carbon brush industry, as well the manufacturing industry, has a large scale of uncertainties in next years, caused by the downward growth rate of Chinese economy and complicated global economic situation. Accompanied with limited demand growth, and more and more enterprises entering this market, the competition will be stricter. In this case, the ordinary carbon brush products will have less profit and sales than high qualified products.
There is still certain space for the demand of carbon brush, whereas it lacks of high-end products, while the ordinary products are over supplied. In the current situation and predictable future, China market will import a huge volume of high-end carbon brushed to feed the demand. Meanwhile the local manufacturers of ordinary products will attempt to expand the overseas market to transfer the surplus productive capacity.
Despite the presence of competitive industrial environment, clear, investors are still optimistic about this area, whit the clear trend of global market. The future will have more investment entering the field.
The Carbon Graphite Brush market was valued at 1830 Million US$ in 2017 and is projected to reach 2190 Million US$ by 2025, at a CAGR of 2.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Carbon Graphite Brush.
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