Synthetic graphite market to Reflect Impressive Growth Rate by 2027

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Synthetic Graphite Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2026

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Synthetic Graphite Market - Snapshot

• Synthetic graphite is a man-made substance
  manufactured through the high-temperature
  processing of amorphous carbon materials.
• The types of amorphous carbon used as precursors
  to graphite are many and can be derived from
  petroleum, coal, or natural and synthetic organic
  materials.
• The main application of high-purity synthetic
  graphite is as a carbon raiser additive in iron
  and steel. This application consumes a
  significant portion of synthetic graphite.

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Rise in Demand for Synthetic Graphite in the
Metallurgy Application to Drive Synthetic
Graphite Market

• Synthetic graphite possesses favorable electrical
  properties, high mechanical strength at high
  temperatures, high electrical and heat
  conductivity, low impurity content, chemical
  stability, and high vibrational resistance.
• It can withstand temperatures of up to 1,800 C
  in electric arc furnaces. It exhibits superior
  thermal expansion and thermal shock resistance,
  which help in reducing the entire mass of steel.
• The EAF method of production of synthetic
  graphite has gained popularity among steel
  producers due to its flexibility, quick
  turnaround time, and lower fixed costs

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Rise in the Usage of Lithium-ion Batteries to
Create New Opportunities for the Synthetic
Graphite Market

• Lithium-ion batteries are rechargeable batteries
  that are gaining popularity in electric vehicles,
  consumer electronics, aerospace applications,
  etc. Rise in the production of electric vehicles
  across all regions has boosted demand for
  lithium-ion batteries.
• The total demand for lithium-ion batteries is
  estimated to rise from about 60,000 MwH in 2015
  to approximately 160,000 to 190,000 MwH in 2025. 

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Key players operating in the Semi-consolidated
Synthetic Graphite Market 

• GrafTech International, Showa Denko K.K.,
• SGL Group, Graphite India Limited
• HEG Limited, Tokai Carbon Co., Ltd.
• Nippon Carbon Co., Ltd.
• SEC Carbon, Ltd.
• Kaifeng Carbon Co., Ltd.

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