Extruded Graphite market Emerging Economies Expected To Influence Growth Until 2029

Graphite is an allotrope of carbon with crystalline structure and has both metallic and non- metallic properties. Metallic properties of graphite include thermal and electrical conductivity and its non-metallic properties include lubricity, chemical inertness, and thermal resistance. Furthermore, extrusion process is used to produce extruded graphite. Extruded graphite has coarser grain size, and higher electrical and thermal conductivity as compared to isotactic graphite.

Production process of extruded graphite includes pressing of fine graphite powder through a die, under high pressure. The resulting shape is then fired and graphitized at high temperature (around 2000 degree Celsius).

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Extruded Graphite Market Taxonomy

Based on the product type, extruded graphite market is segmented into:
Rods
Blocks
Others

Based on the Application, extruded graphite market is segmented into:
Electrodes
Chemical Processing
Foundry & HY Metallurgy
Refractory Materials
Others

Extrusion process is used to produce larger particle size (around 0.45 inch), as compared to the isotactic graphite (4-10 micron). The production of very fine isostatically molded graphite involves additional steps to mill the raw material to fine powder thus, taking longer to manufacture than extruded graphite. Additionally, the manufacturing cost of extruded graphite is about half the cost of the isostatically molded graphite. Thus, the economical production of extruded graphite is another factor, supporting growth of the global extruded graphite market.

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Further, according to the data provided by the Indian Bureau of Mines, Government of India, the total consumption of graphite in India has been increased from 40,700 tonnes during 2010-2011 to 52,700 tonnes during 2012-2013. In 2013, out of the total consumption of graphite in India, refractory industry accounted for 7,300 tonnes and foundry industry accounted for 1,000 tonnes, according to the Indian Bureau of Mines, Government of India.

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