Global Graphite Market - Demand and Trends Forecast Report till 2024
Global
Graphite Market, By Type (Natural, Synthetic); By Application (refractory,
foundry, battery, friction product, lubricant and others) By Geography (North
America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)
– Industry Trends and Forecast to 2024
The global
graphite market accounted for USD 28.0 billion in 2016 and is projected to grow
at a CAGR of 5.4% during the forecast period of 2017 to 2024. The upcoming
market report contains data for historic years 2014, 2015, the base year of
calculation is 2016 and the forecast period is 2017 to 2024
This report consists of below pages:
•
No of pages: 350
•
No of Figures: 60
•
No of Tables: 220
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Graphite is
a naturally-occurring mineral which forms when it is subjected to heat and
pressure. Graphite is the crystalline allotrope of the carbon that forms coal.
Graphite is majorly used in refractory, foundry, battery, friction product,
lubricant, steel making, brake linings and neuron moderator. Graphite and
carbon nanotubes are also used in the carbon fiber reinforced plastics (CFRP)
and in the heat resistant composites.
Major
Market Drivers:
- Growing application of graphite in the
wind energy industry
- Increasing demand for lithium-ion
batteries and fuel cells
- Increasing use of graphite in the
manufacturing of structural composite parts used in the aircrafts
Market
Restraint:
- Insufficient production capacity
Global
Graphite Market Competitive Landscape:
The global
graphite market is highly fragmented with the presence of a large number of
players across different regions. These major players have adopted various
organic as well as inorganic growth strategies such as mergers &
acquisitions, new product launches, expansions, agreements, joint ventures,
partnerships, and others to strengthen their position in this market.
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Global
Graphite Major Market Competitors:
Some of the
major players in the graphite market include northern graphite corporation,
Asbury Graphite Mills, Flinders Resources Ltd, Showa Denko K.K. SEC Carbon
Ltd., Triton Minerals Ltd., Hexagon Resources Limited, Mason Graphite, Inc.,
Focus Graphite Inc., Energizer Resources Inc., SGL Group, Mersen Group,
Graftech International Ltd., Graphite India Limited HEG Limited, Tokai Carbon
Co. Ltd.,Toyo Tanso Co. Ltd. and many more.
Global
Graphite Market Segmentation:
The graphite
market is segmented on the basis of type into natural graphite and synthetic graphite. The natural graphite is
further segmented into flake graphite, vein graphite and amorphous graphite.
On the basis of application, the market
is segmented into refractory, foundry, battery, friction product, lubricant and
others. Refractory segment is expected to grow at the highest CAGR in the
forecast period.
On the basis of geography, the graphite
market report covers data points for 28 countries across multiple
geographies such as
·
North America
·
South America
·
Europe
·
Asia-Pacific
·
Middle East & Africa
View Full report of “Global Graphite Market” Visit @ http://databridgemarketresearch.com/reports/global-graphite-market/
Some of the
major countries covered in this report are U.S., Canada, Germany, France, U.K.,
Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan,
Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In
2017, Asia-Pacific is expected to dominate the market.
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