Press release
Graphite Market Demand In Global Market, Market Size, Share And Forecast by 2020
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In recent years, the demand for lithium-ion battery has increased significantly due to the increasing use of electronic gadgets such as cameras, laptops, mobile phones, and tablets globally. Additionally, increase in electric vehicles ownership is anticipated to propel the lithium-ion market. This, in turn is anticipated to propel the demand for graphite.
Some of the major drivers behind the growth of the graphite market include increasing use of graphite in batteries, growing demand of graphite in steel industry, and increasing use of graphite in automotive industry. High demand of graphite in battery industry is anticipated to propel the global graphite market.
The major restraint associated with the global graphite market is increasing demand-supply gap. The increasing use of graphite in automotive, steel, and photovoltaic (PV) industries may create a huge gap in the demand and supply balance in near future. In 2013, the China PV industry witnessed rapid development. Due to this, the global supply and demand gap for the isostatic form of graphite broadened to 1,500 tons.
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The key companies operating in the global graphite market include Triton Minerals Ltd., Lamboo Resources Limited, Mason Graphite, Focus Graphite Inc., Energizer Resources Inc., Northern Graphite Corporation, Alabama Graphite Corp., Flinders Resources Ltd., Syrah Resources Limited, SGL Carbon SE, GrafTech International Holdings Inc, Graphite India Limited, Nippon Graphite Industries Co. Ltd., Asbury Graphite Mills Inc, Showa Denko K.K., and Tokai Carbon Co. Ltd.
GRAPHITE MARKET SEGMENTATION
Graphite by Form
Natural Graphite
Synthetic Graphite
Graphite Electrode
Carbon Fiber
Graphite Blocks
Graphite Powder
Graphite Market by Application
Electrode
Refractory
Lubricant
Foundary
Battery
GEOGRAPHICAL SEGMENTATION
Graphite Market by Region
North America
Europe
Asia-Pacific
Rest of the World (ROW)
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