openPR Logo
Press release

USD 15.2 Billion by 2024| Graphite Market size set for massive growth

01-22-2020 10:45 AM CET | Industry, Real Estate & Construction

Press release from: Research Nester

USD 15.2 Billion by 2024| Graphite Market size set for massive

The global graphite market is segmented into type such as natural graphite and synthetic graphite. Among these segments, synthetic graphite segment is expected to occupy the top position in global graphite market. Further, increasing demand for synthetic graphite in energy and metal fabrication industry is expected to supplement the growth of global synthetic graphite market. Synthetic graphite market is further segmented into graphite electrodes, graphite powder, cathode blocks and specialty graphite, out of which, graphite electrodes accounted for the largest market share in 2016.

Global graphite market is expected to flourish at a significant CAGR of 10.5% over the forecast period. Moreover, the global graphite market was held at USD 15.2 Billion by the end of 2024. Factors such as increasing sale of electric vehicles and development of technologically advanced graphite material are expected to drive the growth of the global Graphite Market .

Get the Sample of this Report @ https://www.researchnester.com/sample-request-181

Asia Pacific is slated to account for a leading share in the graphite market during the forecast period. The growth in the region is anticipated to be fostered by the presence of mining industries in the region. Besides, adoption of electrical vehicles is also expected to impel the growth of graphite market in the Asia Pacific. North America is expected to showcase modest growth over the forecast period i.e. 2017-2024. Increasing adoption of graphite products in the aerospace industry is the major factor which is fuelling the demand for graphite market in the North America region.

Favorable Government Initiatives

Increasing inclination towards the production of environment friendly electricity is also a key factor behind the growth of the graphite market. According to World Wind Energy Association, new establishments of wind energy were held 21.7 GW in 2016. Moreover, wind energy capacity installation is anticipated to witness high growth during the forecast period. This factor is expected to increase the demand and sale of flow batteries and drive the growth of global graphite market.

Wide Scale Application

Development and increasing sale of innovative and disruptive consumer electronic products such as wearable devices is anticipated to accelerate the growth of the graphite market during the forecast period. Further, rising demand of lithium ion batteries in automotive industry owing to increasing sale of electric vehicles across the globe is anticipated to accelerate the growth of the global graphite market.

However, limited number of mines and high extraction cost of graphite is expected to hamper the growth of the global graphite market.

Get Sample Copy of This Report @ https://www.researchnester.com/sample-request-181

The report titled “Graphite Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global graphite market in terms of market segmentation by product type, by application, by end user and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the global graphite market which includes company profiling of SGL Carbon SE, Showa Denko K.K., AMG Advanced Metallurgical Group N.V., Cabot Corporation, Graphite India Limited, Toyo Tanso Co. Ltd., Hexcel Corporation, SEC Carbon Ltd., Tokai Carbon Co.Ltd. and HEG Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global graphite market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Browse Complete Report Summary @ https://www.researchnester.com/reports/graphite-market-global-market-size-demand-analysis-opportunity-outlook-2023/181

AJ Daniel
Email: sales@researchnester.com
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919

About Us

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release USD 15.2 Billion by 2024| Graphite Market size set for massive growth here

News-ID: 1903887 • Views: 76

More Releases from Research Nester

Global Hydraulic Filters Market Expected to Grow at a CAGR of 3.43% by 2027 | In …
Research Nester released a report titled "Global Hydraulic Filters Market: Global Demand Analysis & Opportunity Outlook 2027" which delivers detailed overview of the global hydraulic filters market in terms of market segmentation by end-use industry, vehicle type, channel, material, type and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter's five force model. The global hydraulic
Business Intelligence (BI) Vendors Market Projected to Grow at a CAGR of 12.1% b …
Research Nester released a report titled "Business Intelligence (BI) Vendors Market - Global Demand Analysis & Opportunity Outlook 2027" which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter's five force model. The term "Business Intelligence" is defined as a superset of software as a service
Europe Wind Turbine Gearbox Repair and Refurbishment Market Insights Covering Ma …
Research Nester released a report titled "Europe Wind Turbine Gearbox Repair and Refurbishment Market: Regional Demand Analysis & Opportunity Outlook 2027" which delivers detailed overview of the Europe wind turbine gearbox repair and refurbishment market in terms of market segmentation by product, gearbox failure, deployment and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter's
Smart Pills Market (20.8% CAGR) 2017-2024: Global Industry Insights by Growth, E …
The global smart pills market is segmented into application such as capsule endoscopy, drug delivery and patient monitoring out of which, capsule endoscopy segment dominated the overall smart pills market in 2016 and is projected to capture a noteworthy CAGR of 18.1% by the end of 2024. In addition to this, increased complexity in endoscopy procedures has augmented the demand for capsule endoscopy due to its patient friendly procedure to

All 5 Releases


More Releases for Graphite

Expandable Graphite Market Report 2018 Companies included SGL Group, Xincheng Gr …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com ********* This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides
Synthetic graphite to lead world graphite demand by 2023
Within five years, synthetic graphite is projected to account for almost 70 percent of the global graphite market in terms of demand, a similar share to that expected for 2018, according to CW Research’s 2018 update of the World Natural and Synthetic Graphite Market Demand Forecast Report. “Natural graphite is anticipated to experience a more solid annual average growth in the 2018-2023 period than in the previous five-year period mostly
Carbon Graphite Market : Carbon & Graphite Electrodes, Carbon & Graphite Fibers, …
Carbon graphite is a material, which can withstand temperatures as high as 5,000F. They serve as electric conductors. Graphite is a form of carbon, which is available in synthetic and natural forms. Natural graphite is a low-density mineral, which is procured through mining. It occurs in various forms such as amorphous, flake, and lump. Synthetic graphite is a manmade mineral made from petroleum coke. Get Access to TOC / Sample Report
Rapid Growth of Graphite Market | Global Key Companies - South Sea Graphite, Hai …
“Global Graphite Market Research Report 2018” report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Global Graphite Market Overview: The report spread across 117 pages is an overview of the Global Graphite Market Research Report 2018.
Global Graphite Mine Market 2018- First Graphite, Focus Graphite, Alabama Graphi …
Apex Market Reports, recently published a detailed market research study focused on the "Global Graphite Mine Market" across the global, regional and country level. The report provides 360° analysis of "Global Graphite Mine Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global Graphite Mine industry, and estimates the future trend of Global
Global Graphite Market Research & Analysis 2017 - Yixiang Graphite, Haida Graphi …
Qyresearchreports include new market research report "Global Graphite Market Research Report 2017" to its huge collection of research reports. The analysis presented examines a number of aspects regarding the Graphite advertise that showcases future and current scenarios, with regard to the dynamics at play. The pivotal impetus of the report is to provide the reader with extensive results and make them available. The futuristic research review focuses on motivators, deterrents, predictions,