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Growing Demand for Electric Vehicles To Drive Graphite Market - Report By TBRC

09-20-2019 11:47 AM CET | Industry, Real Estate & Construction

Press release from: The Business research company

Global Graphite Market

Global Graphite Market

The graphite market consists of sales of natural graphite and its compounds by entities (organizations, sole traders and partnerships) that mine graphite and its compounds which are used in refractory materials, the chemicals and nuclear industries, electrical applications, and mechanical applications.

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Going forward, growing demand for electric vehicles, opening of new graphite mines which is expected to ensure steady and strong supply, rising commercial applications of graphene (made from graphite), and growing demand for energy storage will drive growth. Factors that could hinder the growth of the graphite market in the future include reductions in free trade, and innovations in lubrication technology.

Graphite is an essential mineral used in lithium-ion battery. Both synthetic graphite and natural graphite, in the form of the intermediate product spherical graphite, are used in the anodes of the lithium-ion batteries. There is as much as 40 times the amount of graphite in a lithium-ion battery as lithium. Many governments and individuals turn to batteries for energy storage for intermittent renewables and electric vehicles. As demand for electric cars continues to increase, it is expected that there will be 530 million electric vehicles around the world by 2040. To meet this growing demand, the firm believes new natural and synthetic graphite capacity is required. The European Commission is eyeing opportunities within the EU’s minerals and mining sector, and has put forward, in its Strategic Action Plan (SAP) on batteries, a comprehensive set of targeted measures to make Europe a global leader in sustainable battery production and use.

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Table Of Content:
1. Graphite Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction
7. Graphite Market Characteristics
8. Graphite Market Product Analysis – Product Examples
9. Graphite Market Supply Chain
10. Graphite Market Customer Information
11. End User Market Size And Growth
12. Graphite Market Trends And Strategies

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