Press release
Synthetic Graphite Market Size Expected to Hit USD 38.3 Billion by 2031 with a 6.4% CAGR Increase | Transparency Market Research Inc.
Synthetic Graphite Market
Synthetic graphite is a manufactured form of graphite designed for specific applications requiring high purity and uniformity. It is widely used in industries such as energy storage, metallurgy, automotive, and aerospace. The market is expanding due to the increasing focus on renewable energy and the electrification of transportation, which demand high-performance materials for energy storage solutions. It is estimated to advance at a CAGR of 6.4% from 2023 to 2031 and reach US$ 38.3 Bn by the end of 2031.
Get A Free Sample Copy of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=38636
Top Companies:
GrafTech International
Showa Denko K.K
SGL Carbon SE
Graphite India Limited
HEG Limited
Tokai Carbon Co., Ltd.
Nippon Carbon Co., Ltd.
SEC Carbon, Ltd.
Kaifeng Carbon Co., Ltd.
Nantong Yangzi Carbon Co., Ltd.
Key Market Drivers
Rising Demand for Lithium-Ion Batteries: Synthetic graphite is a key anode material in batteries used for EVs, consumer electronics, and renewable energy storage.
Growth in Steel and Metallurgy Industries: Its use in electrodes and refractories for steelmaking and other high-temperature applications drives demand.
Advancements in Energy Storage Solutions: Increased investments in battery technologies to support renewable energy grids boost synthetic graphite consumption.
Emerging EV Market: The global shift towards EVs significantly fuels the demand for high-quality synthetic graphite.
Recent Developments
Innovations in Production: Development of more energy-efficient and environmentally friendly methods for synthetic graphite production.
Capacity Expansion: Manufacturers are increasing production capacities to meet rising demand, particularly in Asia-Pacific.
Research in Alternative Applications: Exploration of synthetic graphite for applications in hydrogen storage and fuel cells.
Focus on Recycling: Efforts to recycle graphite from used batteries to meet sustainability goals and reduce raw material dependence.
Market Challenges
High Production Costs: Energy-intensive production processes and fluctuating raw material prices can affect profitability.
Environmental Concerns: The production of synthetic graphite is associated with significant carbon emissions, prompting regulatory scrutiny.
Competition from Natural Graphite: Cost-effective and abundant natural graphite poses a competitive threat in certain applications.
Supply Chain Disruptions: Dependence on raw materials and geopolitical factors can impact the supply of synthetic graphite.
Get A Free Sample Copy of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=38636
Market Segmentation
Product
Electrodes
Isostatic
Specialty Graphite
Carbon Fibers
Others
End-use Industry
Electronics
Nuclear
Chemical
Mechanical Engineering
Metallurgy
Ferrous
Non-ferrous
Energy Storage & Transmission
Others
By Region
North America
Europe
Asia Pacific
Middle East & Africa
South America
Conclusion
The synthetic graphite market is poised for significant growth, underpinned by its critical role in battery technologies, particularly for EVs and energy storage. Innovations in production methods and the rising focus on sustainability present new opportunities for market expansion. Overcoming challenges related to cost and environmental impact will be essential for long-term growth and competitiveness in this dynamic market.
Explore More Trending Report:
Dental Gypsum Market- https://www.globenewswire.com/news-release/2024/03/14/2846441/32656/en/Dental-Gypsum-Market-Projected-to-Reach-USD-180-1-million-by-2031-Growing-at-a-CAGR-of-5-1-Transparency-Market-Research-Inc.html
Aerospace Composites Market- https://www.globenewswire.com/news-release/2024/02/27/2835814/32656/en/Aerospace-Composites-Market-Size-is-Anticipated-to-Reach-USD-40-5-billion-Rising-at-a-CAGR-of-9-7-by-2031-Transparency-Market-Research-Inc.html
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
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 Synthetic Graphite Market Size Expected to Hit USD 38.3 Billion by 2031 with a 6.4% CAGR Increase | Transparency Market Research Inc. here
News-ID: 3776272 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Graphite
Global Amorphous Graphite Market to Show Strong Growth South Graphite, Botai Gra …
The global Amorphous Graphite Market size reached 132.32 USD Million in 2024. Looking forward, MarketsGlob expects the market to reach 241.88 USD Million by 2031, exhibiting a growth rate (CAGR) of 9% during 2025-2031
The global market research report for Amorphous Graphite presents a thorough examination of the market environment. This includes a detailed evaluation of prominent industry leaders, pricing patterns, as well as the broader factors influencing the market, both…
Graphite Granular and Powder Market will reach at $ 23.3 mn by 2032,Haida Graphi …
New Jersey (United States) - Graphite Granular and Powder Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information…
Amorphous Graphite Market 2020 Precise Outlook – South Graphite, Botai Graphit …
Global Amorphous Graphite Market Growth 2020-2025
The report will make detailed analysis mainly on in-depth research on the development environment, Market size, development trend, operation situation and future development trend of Amorphous Graphite Market on the basis of stating current situation of the industry in 2020.
SPECIAL OFFER (Avail a Up-to 20% discount on this report)
Request a Sample Report:
https://www.marketinsightsreports.com/reports/07292190048/global-amorphous-graphite-market-growth-2020-2025/inquiry?source=OPENPR&Mode=NG23
…
Comprehensive Analysis on Expandable Graphite Market Size with Key Players: SGL …
The ‘Expandable Graphite market’ research collated by Market Study Report, LLC, offers a comprehensive analysis of growth trends prevailing in the global business domain. This report also provides definitive data concerning market, size, commercialization aspects and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of key players within the projection timeline while focusing on their portfolio and regional expansion endeavors.
Global Expandable Graphite market size…
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…
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…
