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Worldwide Graphite Market to Witness 4% CAGR during 2015 – 2020: P&S Market Research
Explore report description with detailed TOC: www.psmarketresearch.com/market-analysis/graphite-market
The information and data in the publication “Global Graphite Market Size, Share, Development, Growth and Demand Forecast to 2020” represent the research and analysis of data from various primary and secondary sources. Top-down approach has been used to calculate the global graphite market by form and by application. The market numbers for regions are also derived through top-down approach.. P&S Market Research analysts and consultants interacted with leading companies of the domain to substantiate every single data presented in this report. “We base our primary research on discussions with prominent professionals and analysts in the industry, aided by informed and detailed online and offline research.”
In recent years, the demand for lithium-ion battery has increased significantly due to the increasing use of electronic gadgets such as cameras, laptops, mobile phones, and tablets globally. Additionally, increase in electric vehicles ownership is anticipated to propel the lithium-ion market. This, in turn is anticipated to propel the demand for graphite.
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Some of the major drivers behind the growth of the graphite market include increasing use of graphite in batteries, growing demand of graphite in steel industry, and increasing use of graphite in automotive industry. High demand of graphite in battery industry is anticipated to propel the global graphite market. Tesla Motors, Inc. has announced plans to construct a new $5 billion lithium-ion battery factory (gigafactory at Nevada, U.S.). Due to this, the demand for natural graphite is anticipated to increase by a by 2020. Commercial acceptance of graphene is anticipated to provide further opportunities for the graphite market in near future. Graphene is expected to play an important role in near future by creating a positive impact on various industries such as power generation, conductor, battery, and electronics industries.
The major restraint associated with the global graphite market is increasing demand-supply gap. The increasing use of graphite in automotive, steel, and photovoltaic (PV) industries may create a huge gap in the demand and supply balance in near future. In 2013, the China PV industry witnessed rapid development. Due to this, the global supply and demand gap for the isostatic form of graphite broadened to 1,500 tons.
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GRAPHITE MARKET SEGMENTATION
Graphite by Form
Natural Graphite
Synthetic Graphite
Graphite Electrode
Carbon Fiber
Graphite Blocks
Graphite Powder
Graphite Market by Application
Electrode
Refractory
Lubricant
Foundary
Battery
GEOGRAPHICAL SEGMENTATION
Graphite Market by Region
North America
Europe
Asia-Pacific
Rest of the World (ROW)
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