Graphite Market is Expected to Grow at a CAGR of 5.24% by 2035 | ChemAnalyst

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Graphite Market is Expected to Grow at a CAGR of
5.24 by 2035
According to ChemAnalyst report, Graphite Market
Analysis Plant Capacity, Production, Operating
Efficiency, Technology, Demand Supply,
Applications, Type, Distribution Channel,
Regional Demand, 2015-2035. Graphite market
witnessed a demand of around 2.89 million tons
globally in 2021 and it is anticipated to grow
with a healthy CAGR of 5.24 until 2035 owing to
its surging demand in Metallurgy, Electronics
Electricals, Automotive Construction and
Various Other sectors. Graphite is an allotropic
form of carbon which are occur in nature as black
mineral in metamorphic rocks. Graphite is unique
in nature because despite being a non- metal, it
shows various metallic properties. It is soft
brittle in nature and unlike other non-metals,
it is a very good conductor of heat
electricity. It has low density, high lubricity
show very high resistant to temperature, i.e.,
has very high boiling point. It is very inert to
substances which are in contact with it and do not
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react easily. These extreme properties give it a
large range of applications in metallurgy and
manufacturing. Some of the key end uses of
graphite are in high- temperature lubricants,
brushes for electrical motors, friction
materials, and battery and fuel cells. Read Full
Report Here https//www.chemanalyst.com/industry-
report/graphite-market-669 Based on Type, its
market is segmented into two Natural Graphite
Synthetic Graphite. Natural graphite in its
finely powdered form is called flakes. It is used
as lock lubricant pencil Lead. Commercial
flake graphite products are available in
purities range of around 80 carbon to 99
percent carbon. Flake with purity range of
80-98 typically represent materials beneficiated
using only froth floatation method. Flake above
98 purity has been purified using other process.
Expanded graphite form, made from graphite
flakes, are widely used in electronics
automotive industries for making Li-ion
batteries. Graphite is used as negative
electrode in rechargeable Li-ion cells. Synthetic
graphite constitutes around 60 of market and is
majorly used in furnace technology for metallurgy
industry. Graphite is a key ingredient for the
production of Steel, other Ferrous alloys in
Metallurgy. Graphite finds its applications in
electrodes, refractories, casting foundry.
Other end user industries are Electronics sector
automotive sector which utilizes graphite for
the making of electrodes of Lithium-ion
rechargeable batteries. It is used as a
lubricant for vehicles and for making lead of
stationary items like pencil. Sample Request
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m Region wise, Asia Pacific followed by North
America holds the maximum demand share of the
Graphite having consumption of more than 60 in
the former region. India China covers
substantial portion of Global Steel market. The
growing populations and urbanization coupled
with industrial revolution in developing regions
of South Southeast Asia is driving the market
in Asia pacific region. The
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Graphite market is expected that it would grow at
a promising pace through 2035. The growing
metallurgy, electronics, automotive daily use
sector in the developing South Southeast Asian
region is likely to fuel the market for Graphite
in the projected period. In positions of regional
study. According to ChemAnalyst report, Graphite
Market Analysis Plant Capacity, Production,
Operating Efficiency, Technology, Demand
Supply, End-User Industries, Distribution
Channel, Regional Demand, 2015-2035, Key players
operating for Graphite globally include GrafTech
International Ltd (U.S.), Graphite India Limited
(GIL) (India), Triton Minerals Limited
(Australia), Mason Graphite Inc. (Canada), SGL
Carbon SE (Germany), Shenzhen BTR New Energy and
Materials Company Limited (China), Showa Denko
Materials Co. Limited (Japan). Qingdao Haida
Graphite Co., Limited (China) among
others. Graphite is a very useful industrial
material with peak demand owing to its unique
properties such as inertness, good conductor of
heat electricity, and extreme resistance to
temperature. Graphite is primarily utilized in
the foundry, casting, refractories electrodes
segment of Metallurgy industry. It is widely used
in making of rechargeable Li-ion batteries used
in Electronics Automotive sector. Growing
popularity of New Energy Vehicles (NEVs) in
recent years have propelled its market growth.
Owing to all these applications of Graphite, a
surge in its demand is anticipated to drive its
market growth through the forecast period and
offer several opportunities for manufacturers to
expand their capacities to fill demand and
supply gap in future. said Mr. Karan Chechi,
Research Director with TechSci Research, a
research based global management consulting firm
promoting ChemAnalys Report Scope In this
report, Graphite market has been segmented into
following categories, in addition to the
industry trends which have also been detailed
below
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Attribute Details
Market size volume by 2035 xx
Growth Rate CAGR of 5.24 from 2022 to 2035
Base year for estimation 2021
Historic Data 2015 2020
Forecast period 2023 2035
Quantitative units Demand in Million Tonnes and CAGR from 2021 to 2035
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered Company Share By Demand End-Use (Construction, Automotive, Electronics and Others) Sales Channel (Direct Company Sale, Direct Import, Distributors Traders)
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Austria Saudi Arabia Iran South Africa Brazil Argentina
Key companies profiled GrafTech International Holdings Inc. (U.S.), Graphite India Ltd. (India), Triton Minerals Ltd. (Australia), Mason Graphite, Inc. (Canada), and SGL Group (Germany), Shenzhen BTR New Materials, Showa Denko Materials Co. Ltd. Qingdao Haida Graphite Co., Ltd. others.
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
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