Graphite Market Analysis by Size, Share, Major Players, Growth, Opportunities and Global Trends 2035 | ChemAnalyst

Posted January 6, 2023 by chemanalystreports

Graphite market witnessed a demand of around 2.89 million tons globally in 2021 and it is anticipated to grow with a healthy CAGR of 5.24 % until 2035
According to ChemAnalyst report, “Graphite Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, Applications, Type, Distribution Channel, Regional Demand, 2015-2035”. Graphite market witnessed a demand of around 2.89 million tons globally in 2021 and it is anticipated to grow with a healthy CAGR of 5.24 % until 2035 owing to its surging demand in Metallurgy, Electronics & Electricals, Automotive & Construction and Various Other sectors.

Graphite is an allotropic form of carbon which are occur in nature as black mineral in metamorphic rocks. Graphite is unique in nature because despite being a non-metal, it shows various metallic properties. It is soft & brittle in nature and unlike other non-metals, it is a very good conductor of heat & electricity. It has low density, high lubricity & show very high resistant to temperature, i.e., has very high boiling point. It is very inert to substances which are in contact with it and do not react easily. These extreme properties give it a large range of applications in metallurgy and manufacturing. Some of the key end uses of graphite are in high-temperature lubricants, brushes for electrical motors, friction materials, and battery and fuel cells.

Read Full Report Here:

Based on Type, its market is segmented into two Natural Graphite & Synthetic Graphite. Natural graphite in its finely powdered form is called flakes. It is used as lock lubricant & pencil “Lead”. Commercial flake graphite products are available in purities range of around 80% carbon to 99+ percent carbon. Flake with purity range of 80-98% typically represent materials beneficiated using only froth floatation method. Flake above 98% purity has been purified using other process. Expanded graphite form, made from graphite flakes, are widely used in electronics & automotive industries for making Li-ion batteries. Graphite is used as negative electrode in rechargeable Li-ion cells. Synthetic graphite constitutes around 60% of market and is majorly used in furnace technology for metallurgy industry.

Graphite is a key ingredient for the production of Steel, & other Ferrous alloys in Metallurgy. Graphite finds its applications in electrodes, refractories, casting & foundry. Other end user industries are Electronics sector & automotive sector which utilizes graphite for the making of electrodes of Lithium-ion rechargeable batteries. It is used as a lubricant for vehicles and for making lead of stationary items like pencil.

Region wise, Asia Pacific followed by North America holds the maximum demand share of the Graphite having consumption of more than 60% in the former region. India & China covers substantial portion of Global Steel market. The growing populations and urbanization coupled with industrial revolution in developing regions of South & Southeast Asia is driving the market in Asia pacific region. The Graphite market is expected that it would grow at a promising pace through 2035. The growing metallurgy, electronics, automotive & daily use sector in the developing South & Southeast Asian region is likely to fuel the market for Graphite in the projected period. In positions of regional study.

The key players operating in the Graphite market include GrafTech International Ltd (U.S.), Graphite India Limited (GIL) (India), Triton Minerals Limited (Australia), Mason Graphite Inc. (Canada), SGL Carbon SE (Germany), Shenzhen BTR New Energy and Materials Company Limited (China), Showa Denko Materials Co. Limited (Japan). & Qingdao Haida Graphite Co., Limited (China) among others.
“Graphite is a very useful industrial material with peak demand owing to its unique properties such as inertness, good conductor of heat & electricity, and extreme resistance to temperature. Graphite is primarily utilized in the foundry, casting, refractories & electrodes segment of Metallurgy industry. It is widely used in making of rechargeable Li-ion batteries used in Electronics & Automotive sector. Growing popularity of New Energy Vehicles (NEVs) in recent years have propelled its market growth. Owing to all these applications of Graphite, a surge in its demand is anticipated to drive its market growth through the forecast period and offer several opportunities for manufacturers to expand their capacities to fill demand and supply gap in future.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalys

Read Full Report Here:

About Us

ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us:

Imani Jex

420 Lexington Avenue,

Suite 300, New York,

NY, United States, 10170

Call:- +1 3322586602

Email: [email protected]

-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By ChemAnalyst
Phone 3322586602
Business Address 420 Lexington Avenue, Suite 300, New York, NY, United States, 10170
Country United States
Categories Business
Tags graphite market
Last Updated January 6, 2023