Graphite Market (5.24% CAGR) 2030: Global Industry Size, Share, Growth, Analysis and Forecast

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Graphite Market Size, Share, Growth, Global
Leading Players, Industry Analysis, Future
Business Prospects by Forecast to 2030
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 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-
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temperature lubricants, brushes for electrical
motors, friction materials, and battery and fuel
cells. Read Full Report Here https//www.chemanal
yst.com/industry- report/graphite-market-669 Base
d 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. 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 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.
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Sample Request https//www.chemanalyst.com/ChemAn
alyst/RequestForm 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
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