New Research Study on Graphite Market to Grow at 5.4% CAGR by 2024: Asbury Graphite, Flinders Ports Pty Limited, Showa Denko America, Triton Minerals Ltd, Hexagon Resources Limited, Mason Graphite, Focus Graphite, Mersen, GrafTech International, Tokai Car
The global graphite market accounted for USD 28.0 billion and is projected to grow at a CAGR of 5.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Key Strategies of leading players
• Enhance productivity and optimizing back end manufacturing processes
• Product enhancement through integrating new strategies involving big data, advanced analytics into traditional manufacturing processes
• Growing businesses through serving into new application areas and identifying pockets of growth in emerging markets
• Focusing on cost effective production of devices with stability and robustness
• Strategies for Product differentiation and adjusting to the life cycle changes
• Strengthening collaboration with suppliers and distributors
• More focused strategies are found in the report
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Graphite is a naturally-occurring mineral which forms when it is subjected to heat and pressure. Graphite is the crystalline allotrope of the carbon that forms coal. Graphite is majorly used in refractory, foundry, battery, friction product, lubricant, steel making, brake linings and neuron moderator. Graphite and carbon nano tubes are also used in the carbon fiber reinforced plastics (CFRP) and in the heat resistant composites.
Major Market Competitors: Global Graphite Market
Some of the major players in the graphite market include northern graphite corporation, Asbury Graphite Mills, Flinders Resources Ltd, Showa Denko K.K. SEC Carbon Ltd., Triton Minerals Ltd., Hexagon Resources Limited, Mason Graphite, Inc., Focus Graphite Inc., Energizer Resources Inc., SGL Group, Mersen Group, Graftech International Ltd., Graphite India Limited HEG Limited, Tokai Carbon Co. Ltd.,Toyo Tanso Co. Ltd. and many more.
Major Market Drivers & Restraints:
• Growing application of graphite in the wind energy industry
• Increasing demand for lithium-ion batteries and fuel cells
• Increasing use of graphite in the manufacturing of structural composite parts used in the aircrafts
• Insufficient production capacity
Market Segmentation: Global Graphite Market
• The graphite market is segmented on the basis of type into natural graphite and synthetic graphite.The natural graphite is further segmented into flake graphite, vein graphite and amorphous graphite.
• On the basis of application, the market is segmented into refractory, foundry, battery, friction product, lubricant and others. Refractory segment is expected to grow at the highest CAGR in the forecast period.
• On the basis of geography, the graphite market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, Asia-Pacific is expected to dominate the market.
Company Share Analysis:
The global graphite market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Graphite market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Reasons for Buying this Report
• This report provides pin-point analysis for changing competitive dynamics
• It provides a forward looking perspective on different factors driving or restraining market growth
• It provides a 6 year forecast assessed on the basis of how the market is predicted to grow
• It helps in understanding the key product segments and their future
• It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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Customization: We can offer customization in the report and get research data or trends added in the report as per the buyer's specific needs.
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