Global Graphite Market Synopsis:
The Global Graphite Market will grow at a rate of 5.15% for the forecast period of 2021 to 2028.
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As per the market report analysis, Graphite is defined as a naturally-occurring mineral that is formed when certain amount of heat and pressure is applied to it. The minerals are crystalline allotrope of the carbon that forms coal. Its application can be seen in neuron moderator, brake linings, steel making, lubricant, friction product, battery, foundry and refractory. Carbon nano tubes and graphite are also used in the heat resistant composites and in carbon fiber reinforced plastics (CFRP).
The major key factors driving the growth of the Global Graphite Market are increase in the application of graphite in the wind energy industry, rise in the demand of graphite for lithium-ion batteries and fuel cells is the vital factor escalating the market growth, increase in the use of graphite in the manufacturing of structural composite parts used in the aircrafts, rapid growth in the adoption of graphite in refractories due to its high thermal property, increase in the demand for lithium-Ion batteries and fuel cells and rise in the demand in aerospace and automotive sector for lightweight materials.
Regionally, APAC dominates the Graphite Market due to rise in the use of graphite in the manufacturing of structural composite parts used in the aircrafts and rise in the adoption of graphite in refractories due to its high thermal property in this region.
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Top Major Key Players in the Global Graphite Market:
1 Northern Graphite
2 Asbury Carbons
3 Flinders Mines Limited
4 SHOWA DENKO K.K.
5 Triton Minerals Ltd
6 Hexagon Resources Limited
7 MASONGRAPHITE
8 Focus Graphite Inc
9 SGL Carbon
10 MERSEN
11 GrafTech International
12 HEG Limited
13 Toyo Tanso Co., Ltd
Global Graphite Market Segmentation:
Type Segmentation:
1 Natural Graphite
2 Synthetic Graphite
Application Segmentation:
1 Electrodes
2 Refractories
3 Casting & Foundries
4 Batteries
5 Lubricants
6 Other
End-User Segmentation:
1 Electronics
2 Metallurgy
3 Automotive
4 Other
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Report contents include
1 Analysis of the Graphite Market includes revenues, future growth, market outlook
2 Historical data and forecast
3 Regional analysis including growth estimates
4 Analyses the end user markets including growth estimates.
5 Profiles on Graphite including products, sales/revenues, and market position
6 Graphite Market structure, key drivers and restraints
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