Graphite is a naturally occurring mineral form of the element carbon. It is extremely soft and dark gray to black in color with a shiny appearance. Graphite is composed of layers of carbon atoms arranged in hexagonal rings. It is an excellent conductor of heat and electricity. It is due to these properties that graphite finds widespread industrial applications. Some of the major uses of graphite include its use as refractors, lubricants, foundry facings, pencils, electrodes, and thermal and electrical conductors. The global graphite market is expected to grow substantially over the coming years owing to increasing demand from the electronics, metallurgy, and telecommunication industries across the world.
Market Dynamics:
The global graphite market is driven by factors such as rising demand from lithium-ion battery manufacturing, growth of steel industry, and increasing usage in friction products. Graphite is a crucial raw material used in the manufacturing of lithium-ion batteries that power electric vehicles, consumer electronics, and grid-level energy storage systems. Rapid adoption of EVs and increasing sales of electronics are fueling the demand for graphite. Additionally, graphite finds widespread application as refractory material in steelmaking processes. The expanding steel industry, especially in Asia Pacific, acts as a major growth driver. However, availability of substitutes such as carbon fibers and presence of synthetic and natural graphite mining challenges hamper the market growth. On the positive side, growing R&D towards improving performance of graphite in Li-ion batteries and developing graphene from graphite open new avenues.
Key Features of the Study:
- This report provides in-depth analysis of the global graphite market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global graphite market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Asbury Carbons, BTR New Material Group Co.,Ltd., Imerys, Eagle Graphite, Mason Graphite Inc, Nippon Kokuen Group, Northern Graphite Corp., SGL Carbon, EPM Group, Shenzhen Xiangfenghua Technology Co., Ltd., Showa Denko K.k., Syrah Resources Limited, Tokai Carbon Co. Ltd., Triton Minerals, Betterui New Materials Group Co. Ltd, GrafTech International Ltd., Linyi Yanjun Carbon Material Co., Ltd., Jilin Carbon New Material Co., Ltd., Hebei Hang Carbon, and Graphite India Limited
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global graphite market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global graphite market
Detailed Segmentation:
- Product Type Insights (Revenue, USD Bn, 2019 - 2031)
- Natural Graphite
- Synthetic Graphite
- Application Insights (Revenue, USD Bn, 2019 - 2031)
- Steel & Metallurgy
- Refractories
- Batteries
- Lubricants
- Others
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Asbury Carbons
- BTR New Material Group Co.,Ltd.
- Imerys
- Eagle Graphite
- Mason Graphite Inc
- Nippon Kokuen Group
- Northern Graphite Corp.
- SGL Carbon
- EPM Group
- Shenzhen Xiangfenghua Technology Co., Ltd.
- Showa Denko K.k.
- Syrah Resources Limited
- Tokai Carbon Co. Ltd.
- Triton Minerals
- Betterui New Materials Group Co. Ltd
- GrafTech International Ltd.
- Linyi Yanjun Carbon Material Co., Ltd.
- Jilin Carbon New Material Co., Ltd.
- Hebei Hang Carbon
- Graphite India Limited
