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Graphite Market Smart Strategies of the Research and Development Process by Key Players: Mason Graphite, Flinders Resources, Focus Graphite, Showa Denko K.K., SGL Carbon SE, Graphite India Limited and More

02-22-2019 04:22 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Graphite Market

Graphite Market

Global Graphite Market size was valued at $13,004 million in 2015, and is expected to reach $18,769 million by 2022, supported by a CAGR of 5.4% during the forecast period 2014 to 2022.

Key market players have invested significantly on R&D activities to develop advanced products to cater to the demand of end users. The major players in the graphite market are Northern Graphite Corporation, Asbury Graphite Mills, Inc., Energizer Resources Inc., Mason Graphite, Flinders Resources Ltd., Focus Graphite Inc., Showa Denko K.K., SGL Carbon SE, SEC Carbon Limited, Graphite India Limited.

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Graphite is flexible in nature and has both metallic and non-metallic properties, which makes it appropriate for a diverse range of industrial applications. The non-metallic properties of graphite include high thermal resistance, chemical inertness, and lubricity, while the metallic properties include electrical and thermal conductivity. Graphite is manufactured synthetically using carbon containing raw materials such as tar pitch and petroleum coke. The demand for natural graphite is directly proportional to the growth of the industrial applications including lubrication, refractories, battery production, and foundry. Refractories account for the highest share of around 42% in the global graphite market and is expected to remain a dominant application for consumption of natural graphite throughout the forecast period.
The global graphite market is expected to witness various growth opportunities, owing to rise in the demand for lightweight materials in aircraft components such as carbon fiber-reinforced polymers. The battery production application possesses maximum market potential in the market, owing to rapid developments and advancements in the technologies adopted in the production of lithium-ion batteries.

Moreover, rise in the demand for graphite, specifically in steel industry as a liner for crucibles & ladles, are another major factor driving the overall demand for graphite globally. The battery production segment is expected to register a CAGR of 6.0% during the forecast period.

The global graphite market is segmented based on type, application, and geography. Based on type, itis divided into natural graphite and synthetic graphite. The natural graphite segment is further sub-categorized into flake graphite, amorphous graphite, and vein graphite. The synthetic graphite segment is further classified into graphite electrode, graphite block, carbon fiber, graphite powder, and others.

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On the basis of application, the market is classified into lubrication, refractories, foundry, battery production, and others. The battery production segment is anticipated to register a significant CAGR during the forecast period. Geographically, the global graphite market is divided into North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

• Detailed qualitative and quantitative analysis of the current market estimations and trends during the forecast period to determine the prevailing market opportunities.
• Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
• Detailed regional analysis based on primary and secondary sources is provided.
• Extensive analysis is conducted by following product benchmarking and positioning and monitoring the top competitors within the global market.
• The report provides extensive qualitative insights on the significant segments or regions.
• It offers key insights on strategic analysis of various companies and value chain analysis of the graphite market.

About us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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