openPR Logo
Press release

Graphite Market Size, Share, Driving Factors, Challenges, Sales and Revenue Forecast to 2022

01-24-2018 04:58 PM CET | Industry, Real Estate & Construction

Press release from: Million Insights

Graphite Market Size, Share, Driving Factors, Challenges,

The global graphite market is estimated to grow at a CAGR over the forecast period. Increasing demand of graphite in batteries such as lithium ion and aluminum ion batteries is expected to drive the graphite market growth. Graphite is a form of carbon and is considered to be a key material in green technology and hence is expected to be widely used in photovoltaics, energy storage and electronic products.

View Full Report with TOC @ https://www.millioninsights.com/industry-reports/graphite-market

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Synthetic Graphite
• Natural Graphite

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Graphite for each application, including
• Steel & Refractories
• Carbon Brushes
• Batteries
• Others

In Automotive industry carbon fibers are anticipated to be widely used instead of steel owing to the properties that carbon exhibits. Carbon fibers are lightest, strongest & stiffest and has better shock absorption. The main advantage of this fiber over steel and aluminum is that it does not rust and cause erosion. These factors drive the graphite market growth over the forecast period in automotive and aerospace industry. It is used in clutch materials, fire retardants, lubricants and brakes. Lithium ion batteries consists of around 80% graphite. For instance, an automotive company Tesla motors is expected to invest USD 5 billion in a new lithium ion battery factory on account of which demand for graphite over the forecast period is anticipated to increase. Advancements in steelmaking, metallurgy and manufacturing goods industry along with industrial applications are identified as major trends in the global graphite market.

Government initiatives to increase awareness among end users including industry players and consumers to go green by adopting environmental friendly materials in manufacturing processes is anticipated to increase the demand for graphite market. According to China's government plans 5.0 million battery-electric vehicles are expected to ply on roads in the future. This factor attributes to increase in demand for graphite market. Traditional demand for graphite is largely linked to the steel industry where it is used as a liner for ladles and crucibles, as a component in bricks which line furnaces (“refractories”), and as an agent to increase the carbon content of steel. Natural graphite is used to lubricate the dies and extrude hot steel. Increasing demand of steel on account of industrialization in developing economies including china, India and other countries is expected to drive the flake graphite market expansion.

The major challenges for market players in this industry is the increasing supply-demand gap. The rising demand of graphite in steel, energy, automotive and manufacturing industries may create a gap between the demand and supply balance in the foreseeable future. Depleting graphite reserves around the world are expected to impact the market growth. Due to the Illegal exploitation, extensive operations and poor management, graphite mining and processing in particular has caused considerable environmental damage in countries such as China.

Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/graphite-market/request-sample

Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:
Ryan Manuel
Research Support Specialist, USA
Email: ryan@millioninsights.com

Million Insights
Office No. 302, 3rd Floor, Manikchand Galleria,
Model Colony, Shivaji Nagar, Pune, MH, 411016 India
tel: 91-20-65300184
Email: sales@millioninsights.com
Visit Our Blog: www.millioninsights.blogspot.com

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 Graphite Market Size, Share, Driving Factors, Challenges, Sales and Revenue Forecast to 2022 here

News-ID: 914928 • Views: 349

More Releases from Million Insights

Smart Education and Learning Market 2025 Top Player Profiles - Adobe Systems Inc …
16th October, 2018 - Smart Education and Learning Market is estimated to witness considerable growth over the forecast period owing to increasing number of students opting for distant learning and digital education courses. The market is extensively catering to the requirement of international and government standardization bodies for development and training of workforce in various sectors. The execution of student information systems helps institutions in incorporating student information and enabling
Luxury Sunglasses Market 2022: Key Trends, Driving factors and Growth Rate Analy …
Global Luxury Sunglasses Market is estimated to display a robust growth in the near future due to rising applications and scope across the globe. Luxury Sunglass is a product that performs the main function of preventing the harmful rays of the sun from entering the eyes. It is said to be available in a wide range of varieties as well as for numerous events. In addition, it is regarded as
Thermo Cell Market Future Investments, Business Opportunities, New Trends and to …
Thermo Cell Market is expected to display high growth in forthcoming years. The Thermo Cell Industry is one of its kind generating clean energy from waste heat. A thermo cell comprises an enclosure needing two electrodes coming in contact with an electrolyte. Benefits of a thermocell are that there is no charging required for the device and energy conversion is constant as long as one of the electrodes is kept
Million Insights Market Research- Fish Sauce Market Dynamics, Trends, Outlook, F …
Global Fish Sauce Market gains a positive traction in the forecast period owing to changing market dynamics coupled with driving factors. Fish sauce is an amber-coloured liquid extracted from the fermentation of fish with sea salt. It is used as a condiment in different cuisines. Fish sauce is a staple ingredient in various cultures in Southeast Asia and the coastal regions of East Asia, and features heavily in Burmese, Cambodian,

All 5 Releases


More Releases for Graphite

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
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
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,