Research Reports
Global Graphite Market Poised for a Robust 8.5% CAGR for by 2025 : Fairfield Market Research
Published by maria gbaf
Posted on November 18, 2021
Global Banking and Finance Review
Company
Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Published by maria gbaf
Posted on November 18, 2021
One of the most desirable materials among those active in the next-generation energy sector, graphite represents a rapidly progressing, multi-billion-dollar market at a global level. Majorly fuelled by the advent of renewable energy sources, and innovations in green energy technologies, Fairfield Market Research expects the global graphite market to see a robust growth outlook during 2021 – 2025. A new report by the company forecasts a strong 8.5% CAGR for the graphite market through 2025, reaching an estimated revenue of more than US$26 Bn. The market will also receive a boost from the flourishing steelmaking industry, banking on the superior attributes of graphite, including higher electrical conductivity, greater mechanical strength, better lubricity, and superior thermal shock resistance.
Get a Sample Copy of Global Graphite Market: https://www.fairfieldmarketresearch.com/report/graphite-market/request-sample
As far as the impact of COVID-19 is concerned, the global graphite market has been hit hard due to the pandemic situation. All the major end-use sectors of graphite, including steelmaking, automotive, electronics, and electric vehicles (EVs) that faced the wrath of the viral outbreak have also held a cascading impact on the graphite market as well. The market is however likely to revive in the near future as the key consumer industries show clear signs of recovery.
Graphite Consumption to Ramp up as Demand for EVs Uplifts Li-ion Battery Sales
Natural graphite variant is recently gaining ground for application in production of flexible graphite that is typically used as one of the key components of rechargeable Li-ion batteries. The application base of natural graphite has been continuously expanding, of which thermal management, and battery storage mark the top ones. With an exceptionally rising rate of electric vehicle (EV) sales over the recent past, the graphite market is all set to thrive at a remarkable pace over the forecast period.
On the other hand, synthetic graphite remains a dominant variant with more than 60% of the global market revenue. It has been considered as a purer form of graphite that also has higher conductivity, which would remain the key driver for its continued adoption for applications like graphite electrodes, lubricants, synthetic carbon, Li-ion battery anodes, graphite shapes, foundries, coatings, refractory materials, recarburisers, and conductive fillers. Among these key application areas, synthetic graphite adoption is prominent for electrodes. These electrodes find application in electric arc furnaces (EAFs), as well as melting furnaces functional at steel plants, and silicon plants.
Do You Have Any Query Or Specific Requirement? Request Customization of Report: https://www.fairfieldmarketresearch.com/report/graphite-market/request-customization
Asia Pacific Continues to Hold the Epicentre; China Tops Production, and Consumption
Capturing the maximum share of over 55% in the global market volume, Asia Pacific continues to be the leading regional market for graphite. China especially remains in the spotlight as it is the world’s top steel producer, as well as consumer. The country also records the highest automotive manufacturing capacity in addition to being the global hub for rechargeable Li-ion battery manufacturing. The graphite market is expected to continue discovering a large number of opportunities in China as the country leads its way in graphite electrode production, and consumption. Over 60% captive consumption of China’s graphite electrode production is another strong factor driving the Chinese market for graphite. The market is projected to gain substantially from the proliferating electric vehicle (EV) sales, which are further receiving an impetus from the government’s supportive policy framework toward EV adoption.
Key Competitors in Global Graphite Market
The report provides an insightful view of the strategic profiles of some of the leading companies driving the competition in the global graphite market. Shanshan Technology, Nacional de Grafite, Shenzhen BTR New Materials, Aoyu Graphite Group, Qingdao Haida Graphite Co., Ltd., and Showa Denko Materials Co. Ltd. represent some of the top competitors in the graphite landscape.
Global Graphite Market Press Release: https://www.prnewswire.com/news-releases/global-graphite-market-observes-an-upward-growth-trend-as-li-ion-battery-production-gains-momentum-says-fairfield-market-research-301377298.html
About Us
Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
Contact
Fairfield Market Research
London, UK
UK +44 (0)20 30025888
USA +1 (844) 3829746 (Toll-free)
Web: https://www.fairfieldmarketresearch.com/
Email: [email protected]
Follow Us: LinkedIn
One of the most desirable materials among those active in the next-generation energy sector, graphite represents a rapidly progressing, multi-billion-dollar market at a global level. Majorly fuelled by the advent of renewable energy sources, and innovations in green energy technologies, Fairfield Market Research expects the global graphite market to see a robust growth outlook during 2021 – 2025. A new report by the company forecasts a strong 8.5% CAGR for the graphite market through 2025, reaching an estimated revenue of more than US$26 Bn. The market will also receive a boost from the flourishing steelmaking industry, banking on the superior attributes of graphite, including higher electrical conductivity, greater mechanical strength, better lubricity, and superior thermal shock resistance.
Get a Sample Copy of Global Graphite Market: https://www.fairfieldmarketresearch.com/report/graphite-market/request-sample
As far as the impact of COVID-19 is concerned, the global graphite market has been hit hard due to the pandemic situation. All the major end-use sectors of graphite, including steelmaking, automotive, electronics, and electric vehicles (EVs) that faced the wrath of the viral outbreak have also held a cascading impact on the graphite market as well. The market is however likely to revive in the near future as the key consumer industries show clear signs of recovery.
Graphite Consumption to Ramp up as Demand for EVs Uplifts Li-ion Battery Sales
Natural graphite variant is recently gaining ground for application in production of flexible graphite that is typically used as one of the key components of rechargeable Li-ion batteries. The application base of natural graphite has been continuously expanding, of which thermal management, and battery storage mark the top ones. With an exceptionally rising rate of electric vehicle (EV) sales over the recent past, the graphite market is all set to thrive at a remarkable pace over the forecast period.
On the other hand, synthetic graphite remains a dominant variant with more than 60% of the global market revenue. It has been considered as a purer form of graphite that also has higher conductivity, which would remain the key driver for its continued adoption for applications like graphite electrodes, lubricants, synthetic carbon, Li-ion battery anodes, graphite shapes, foundries, coatings, refractory materials, recarburisers, and conductive fillers. Among these key application areas, synthetic graphite adoption is prominent for electrodes. These electrodes find application in electric arc furnaces (EAFs), as well as melting furnaces functional at steel plants, and silicon plants.
Do You Have Any Query Or Specific Requirement? Request Customization of Report: https://www.fairfieldmarketresearch.com/report/graphite-market/request-customization
Asia Pacific Continues to Hold the Epicentre; China Tops Production, and Consumption
Capturing the maximum share of over 55% in the global market volume, Asia Pacific continues to be the leading regional market for graphite. China especially remains in the spotlight as it is the world’s top steel producer, as well as consumer. The country also records the highest automotive manufacturing capacity in addition to being the global hub for rechargeable Li-ion battery manufacturing. The graphite market is expected to continue discovering a large number of opportunities in China as the country leads its way in graphite electrode production, and consumption. Over 60% captive consumption of China’s graphite electrode production is another strong factor driving the Chinese market for graphite. The market is projected to gain substantially from the proliferating electric vehicle (EV) sales, which are further receiving an impetus from the government’s supportive policy framework toward EV adoption.
Key Competitors in Global Graphite Market
The report provides an insightful view of the strategic profiles of some of the leading companies driving the competition in the global graphite market. Shanshan Technology, Nacional de Grafite, Shenzhen BTR New Materials, Aoyu Graphite Group, Qingdao Haida Graphite Co., Ltd., and Showa Denko Materials Co. Ltd. represent some of the top competitors in the graphite landscape.
Global Graphite Market Press Release: https://www.prnewswire.com/news-releases/global-graphite-market-observes-an-upward-growth-trend-as-li-ion-battery-production-gains-momentum-says-fairfield-market-research-301377298.html
About Us
Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
Contact
Fairfield Market Research
London, UK
UK +44 (0)20 30025888
USA +1 (844) 3829746 (Toll-free)
Web: https://www.fairfieldmarketresearch.com/
Email: [email protected]
Follow Us: LinkedIn