EXTRUDED GRAPHITE MARKET ANALYSIS

Market News

Key Developments

Key players operating in the global extruded graphite market are adopting various business strategies such as product developments, collaborations, and mergers & acquisitions in order to retain their market share.

• For instance, in November 2017, the Tokai Carbon Company Ltd. announced the acquisition of a U.S.-based subsidiary, SGL GE Holding GmbH, which is involved in the manufacturing of graphite electrodes. The acquisition is expected to enhance the company’s business in North America.
• In January 2018, SGL Group, one of the leading player in global extruded graphite market, invested US$ 27.74 Million to expand its specialty graphite production at the Bonn site, to meet an increasing demand from automotive industries. The expansion is set to be completed by 2020. Furthermore, in July 2018, SGL Carbon, one of the leading player in global extruded graphite market, expands its graphite production capacities for lithium ion batteries.
• In December 2019, Mersen S.A, one of the leading manufacturer of extruded graphite, has announced that they will invested US$ 65 million to expand its graphite production facility in Tennessee.