The Global Graphite Market is expected to reach US $41.50 billion by 2029, thanks to growth in the refractories segment. The report analyzes graphite market dynamics by region and applications.
Graphite Market Overview:
The Graphite Market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the global industry. The scope of the research includes a thorough investigation of the Graphite Market , as well as the reasons for variations in the industry’s growth in various locations.
Graphite Market Scope:
This market report makes extensive use of secondary sources, directories, and databases, such as annual reports, press releases, journals, company websites, and other databases, to discover and collect excerpts acceptable for this study.
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Graphite Market Drivers:
Lithium-ion and lithium iron phosphate batteries, both of which use graphite as an anode material, are the most advanced battery systems. These batteries make about 25% of the global graphite demand. To power an electric vehicle, a Li-ion battery requires substantially more graphite than lithium, making high-quality battery anode materials scarce. Batteries power smartphones, electric cars, and 3D printers, as well as fuel cells that generate electricity through a chemical process. It is a massive business that is only going to get bigger, with lithium-ion battery consumption expected to climb 10 times by 2029.
Graphite Market Segmentation:
by Type
Crystalline Graphite
Amorphous Graphite
Lump Graphite
Highly Ordered Pyrolytic Graphite
by Application
Refractories
Batteries
Steelmaking
Brake linings
Foundry facings and lubricants
Pencils
Others
by End-user
Industry Electronics
Metallurgy
Automotive (Includes EV/HEV Vehicles)
Other End-user Industries
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Graphite Market Key Players :
The entire method entails an examination of the key market players’ financial reports. Following the assessment of the overall market size, the market was segmented into several segments and sub-segments and validated by key industry professionals such as CEOs, VPs, directors, and marketing executives. The biggest players in the Graphite Market are as follows:
1.Graf Tech International Holdings Inc.
2. Graphite India Ltd.
3. Triton Minerals Ltd.
4. Mason Graphite Inc.
5. SGL Group
6. International Graphite
7. Asbury Carbons
8. BTR New Energy Materials Inc.
9. Focus Graphite Inc.
10. Hitachi Chemical Co. Ltd.
11. Imerys Graphite & Carbon
12. Lianyungang Jinli Carbon Co. Ltd.
13. Syrah Resources Limited
14. Qingdao Black Dragon Graphite Co. Ltd.
15. Tokai Carbon
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Regional Analysis:
Individual market influencing elements and changes in market laws that influence present and future market trends are also included in the geographical overview of the Graphite Market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Graphite Market :
Due to a break in operations, end-user sectors where Graphite Market are used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for Graphite Market manufacturers, affecting the development of the Graphite Market in 2020. End-user business demand for Graphite Market has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.
Key Questions Answered in the Graphite Market Report are:
- Which segment had the largest share in the Graphite Market in 2021?
- What is the competitive landscape of the Graphite Market ?
- Which are the key drivers aiding the Graphite Market growth?
- Which region has the maximum share in the Graphite Market ?
- What will be the CAGR of the Graphite Market during the forecast period (2022-2027)?
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