Press release
Graphite Market Is Thriving Worldwide with the Outstanding Key players by 2020
Graphite Market
Natural graphite has excellent electrical and heat conductivity and is a high refractory material. Refractories for the steel industry is a major market for natural graphite. Furthermore, synthetic graphite is produced using raw materials such as petroleum coke and tar pitch with higher purity as compared to natural graphite. It has higher porosity, lower density and higher electrical resistance. Synthetic graphite are majorly used as moderator rods in nuclear power plants, electrodes for metallurgical processing and electrical furnaces, and in the manufacturing of batteries and carbon brushes.
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In terms of revenue, Asia Pacific is expected to be the fastest growing market for graphite during the forecast period. Rapid industrialization in emerging economies including India and China is fuelling demand for graphite in the region, as graphite is used in a wide range of industries such as automotive, chemical, and nuclear. According to the United States Geological Survey (USGS), China was the leading country in the world mine production of graphite in 2012 and in 2016, China was projected as the largest supplier of flake and amorphous grades of natural graphite and accounted for around 68% of the global graphite production.
Key Players and Business Strategies
Major players operating in the global graphite market include GrafTech International Ltd., AMG Advanced Metallurgical Group N.V., HEG Ltd, Graphite India Limited, Tokai Carbon Co. Ltd., Toyo Tanso Company Ltd., Showa Denko K.K., SEC Carbon Ltd., Mason Graphite Inc., Triton Minerals Ltd., and Northern Graphite Corporation.
Graphite Market Taxonomy
Based on the type, the graphite market is segmented into:
Synthetic Graphite
Graphite block
Graphite Electrode
Graphite powder
Carbon fiber
Others
Natural Graphite
Flake Graphite
Amorphous Graphite
Vein Graphite
Based on appli
cation, the graphite market is segmented into:
Battery
Lubricant
Refractory
Others
Based on end-use Industry, the graphite market is segmented into:
Automotive
Electrical
Chemical
Nuclear
Paints and Coatings
Others
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