The market for graphite is expanding due to the increasing use of nuclear pebble bed reactors. By 2020, 500 new pebble reactors, each with a 100 GW capacity, are anticipated to be erected in the United States, according to West Virginia University researchers. A high-temperature gas reactor that uses flake graphite as a moderator in huge quantities is what is known as a nuclear pebble bed reactor. A pebble bed reactor needs about 3000 tonnes of graphite on average, according to Coherent Market Insights study. The market expansion of graphite is primarily being driven by the automotive sector's robust growth.
The global Graphite Market is estimated to be valued at US$ 23,279.3 million in 2021 and is expected to exhibit a CAGR of 13.2% over the forecast period (2021-2028).
Market Leaders in the Graphite Industry:
1. AMG Advanced Metallurgical Group N.V.
AMG Advanced Metallurgical Group N.V. produces and sells engineered specialty metals and mineral products. AMG Advanced Metallurgical Group N.V. was incorporated in 2006 and is headquartered in Amsterdam, the Netherlands. In January, 2023 AMG Advanced Metallurgical Group N.V. announces its wholly owned subsidiary, AMG Lithium GmbH (“AMG Lithium”), has signed a non-binding memorandum of understanding (“MOU”) with FREYR Battery a developer of clean, next-generation battery cell production capacity.
2. SHOWA DENKO K.K.
Resonac Holdings Corporation operates as a chemical company in Japan and internationally. Resonac Holdings Corporation was founded in 1939 and is headquartered in Tokyo, Japan. In January, 2023 Resonac Corporation (Resonac) has concluded new multiyear contracts with Infineon Technologies AG (Infineon), a German semiconductor manufacturer providing power semiconductors worldwide, to continue supplying SiC materials for power semiconductors to Infineon and cooperatively developing technologies related to SiC materials.
3. Toyo Tanso Co., Ltd.
Toyo Tanso Co., Ltd. engages in the production and sale of various carbon materials in Japan and internationally. Toyo Tanso Co., Ltd. was founded in 1941 and is headquartered in Osaka, Japan. In June. 2022 Toyo Tanso launched new websites for 7 countries.
4. SGL Carbon SE
SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of carbon fiber and specialty graphite products. SGL Carbon SE was founded in 1878 and is headquartered in Wiesbaden, Germany.
5. Tokai Carbon Co., Ltd.
Tokai Carbon Co., Ltd. manufactures and sells carbon-related products and services in Japan. The company was incorporated in 1918 and is headquartered in Tokyo, Japan.
6. Graphite India Limited
Graphite India Limited manufactures and sells graphite electrodes, and carbon and graphite specialty products in India and internationally. The company was founded in 1962 and is headquartered in Kolkata, India. Graphite India Limited is a subsidiary of Emerald Company Private Limited.
7. Nippon Carbon Co Ltd.
Nippon Carbon Co., Ltd. engages in the manufacture and sale of carbon products in Japan. It offers carbon fiber products, including molded heat insulating materials for high temperature furnaces. The company was incorporated in 1915 and is headquartered in Tokyo, Japan.
8. SEC CARBON LIMITED
Sec Carbon, Limited manufactures and sells graphite electrodes for steel making. It offers SK-B graphitized cathode blocks for aluminum smelting; graphite electrodes that are used in electric arc furnaces for steelmaking; and carbon and graphite specialties and materials. Sec Carbon, Limited was incorporated in 1934 and is headquartered in Amagasaki, Japan.
9. HEG Limited
HEG Limited manufactures and sells graphite electrodes primarily for steel manufacturers in India. It operates in two segments, Graphite Electrodes and Power Generation. HEG Limited was incorporated in 1972 and is based in Noida, India.
10. GrafTech International Ltd.
GrafTech International Ltd. research, develops, manufactures, and sells graphite and carbon-based solutions worldwide. The company was founded in 1886 and is headquartered in Brooklyn Heights, Ohio.
*Definition- A carbon byproduct known as graphite is frequently utilised in refractories, lubricants, and building applications.
