Graphite Market: Large Scale Commercialization of EV Offers Growth Momentum

Astral growth in the development and large-scale commercial launch of electrical vehicles is poised to reckon high value growth in graphite market as graphite remains a key component of lithium ion batteries which power EVs. Adroit market Research takes a detailed look into ongoing market developments to understand trends and aid market players in devising growth proficient business decisions.

Industries such as electrical appliances manufacturers, chemical providers as well as nuclear companies are bracing graphite as well its various compounds, contributing thus to a bullish growth scope in graphite market.

The global graphite market projected to be valued at around USD 27.03 billion by 2025. Furthermore, global graphite demand is anticipated to grow at remarkable pace at a CAGR of 6.3% over the forecast period.

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Owing to diverse favorable properties such as high malleability, low specific gravity, extremely favorable thermal capabilities and stability of thermal and electrical properties make graphite a highly coveted industrial product, attracting high growth potential in graphite market.

Financial benefits and leverages remain crucial amongst graphite manufacturers.

Loans and fund-raising success direct future adoption course of graphite across a myriad end-use industry such as electric vehicles which use lithium-ion batteries, of which graphite remains an integral ingredient.

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Mindfulness on clean energy consumption, especially in transportation and mobility, guided by stringent emission control norms are anticipated to manifest favorably towards global adoption of EVs in the near future, thus lending ample growth opportunities in global graphite market. Citing a recent development in this regard, Nouveau Monde Graphite a leading graphite market player has secured a sturdy funding to further solidify its production of purified graphite. Advanced technologies such as thermochemical transformation is registered as a novel green purification technology that will largely shape this ambitious project.

The global graphite market is expected to be highly competitive, owing to a significant fragmentation in the industry. Large number of players are present across the value chain which are into manufacturing of synthetic graphite types. Boom in the natural graphite has also led to a growth in number of mining companies outside China. Showa Denko K.K., Toray Industries, Inc., Teijin Limited, Northern Graphite Corporation, Asbury Carbons are some of the key players in the graphite industry. Acquisition and capacity expansion are the key strategies followed by these players to maximize their presence in market. For instance, In 2018 December, Syrah resources announced capacity expansion of flake graphite by 19% at their Balama mine located in Mozambique.

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Key segments of the global graphite market

Type Overview, 2015-2025 (USD Million) (Kilo Tons)

Natural Graphite
Flake
Amorphous
Vein
Synthetic Graphite
Graphite electrode
Carbon fiber
Graphite blocks
Graphite powder
Others
Application Overview, 2015-2025 (USD Million) (Kilo Tons)

Refractory
Lubricants
Batteries
Foundry
Others
Regional Overview, 2015-2025 (USD Million) (Kilo Tons)

North America
U.S.
Rest of North America
Europe
Germany
France
UK
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Central & South America
Middle East & Africa
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Who should buy this report?

This report is appropriate for market stakeholders and participants in the graphite industry, who seek an in-depth insight into the graphite market scenario. The study will benefit:
Graphite mining companies, graphite electrode & carbon fiber manufacturers, suppliers, distributors and consultants/analysts who are involved in the value chain
Authorities within commercial institutions seeking to publish fresh statistics related to graphite industry
Regulatory bodies, government organizations, organizations and policymakers looking for recent statistics published on graphite industry
Strategy managers, Analysts, educators, researchers and institutions looking for discernments in the industry to decide forthcoming trends
About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code - Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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