Global Graphite Market: Driven by Growth in Electronic and Automotive Industries
Variant Market Research © Manoj Kumkar
Global Graphite Market size is estimated to reach $21.4 Billion by 2024 from $13.9 Billion in 2016; growing at aCAGR of 5.6% from 2016 to 2024. By geography, Asia-Pacific and Europe witnessed fastest CAGR of 5.8% and 5.5%, respectively, from 2016 - 2024.
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Market Dynamics of Global Graphite Market
Global graphite market is boosted by growth in demand for batteries, increasing trend for electric vehicles, expansion in electronic & automotive industries, and decreased lithium-ion battery cost. Though, safety issues with graphite may hamper the growth of the market. Furthermore, enhancements in lithium-ion battery and increasing synthetic graphite production would generate growth opportunities for the market.
Market Segmentation
Global graphite market has been categorized into end-user, product type, and geography. Product type segment includes natural graphite, and synthetic graphite (graphite powder, graphite electrode, graphite blocks,carbon fiber, and others). End-user includes electrode, refractory, foundry, lubricants, battery, and other end-users. Additionally, geography segment comprises North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is comprises U.S., Canada, and Mexico, whereas Europe consists of UK, Germany, Russia,France,Italy, and Rest of Europe. India, China, South Korea,Japan,and Rest of Asia-Pacific are covered under the Asia-Pacific.
Synthetic graphite accounted the highest market share in 2016
Synthetic graphite accounted the highest market share in 2016 and it is estimated to remain the same over the forecast period, driven by enormous application across various end-use industries.
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Electrode dominated the end-user segment with the largest market share
Electrode accounted for the highest market share in 2016, owing to its wide application in various industries.
Asia-Pacific held the highest market share in the global graphite market
Asia-Pacific generated the highest revenue in 2016, owning to high demand for graphite related products, and increasing demand of electric vehicles in this region. Countries like Singapore and Australia are also expected to witness significant grow of graphite market.
Competitive Landscape
Key players profiled in the report include Alabama Graphite Corp.,Triton Minerals Ltd., Leading Edge Materials Corp., Mason Graphite, Northern Graphite, Focus Graphite Inc., Graphite India Limited, SGL Carbon SE , Syrah Resources Limited, and Asbury Graphite Mills, Inc., among others.
To browse the complete report, visit @ https://www.variantmarketresearch.com/report-categories/chemicals-materials/graphite-market
Scope of the Global Graphite Market
Product Type Segments
• Natural
• Synthetic
o Graphite Electrode
o Carbon Fiber
o Graphite Blocks
o Graphite Powder
o Others
End-User Segments
• Electrode
• Refractory
• Lubricants
• Foundry
• Battery
• Other End-Users
Geographical Segments
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Russia
o Germany
o Italy
o France
o Rest of Europe
• Asia-Pacific
o India
o China
o Japan
o South Korea
o Rest of Asia-Pacific
• RoW
o South America
o Middle East
o Africa
Related Topics
1. Global Construction Chemicals Market is estimated to reach $46.6 billion by 2024, Says Variant Market Research
2. Global Methylene Chloride Market is estimated to reach $1,078 Million by 2024. Says Variant Market Research
3. Global Inorganic Salts Market is estimated to reach $69,131 Billion by 2024, Says variant Market Research
4. Global Foam Blowing Agents is estimated to reach $1,109 Million by 2024, Says Variant Market Research
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy &Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visithttps://www.variantmarketresearch.com
You can connect with us on LinkedIn here @https://www.linkedin.com/company/variant- market-research
Contact Us:
Michael Mendes
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco,
CA 94105,United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: michael.mendes@variantmarketresearch.com
Email: help@variantmarketresearch.com
Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/chemicals-materials/graphite-market/sample-request
Market Dynamics of Global Graphite Market
Global graphite market is boosted by growth in demand for batteries, increasing trend for electric vehicles, expansion in electronic & automotive industries, and decreased lithium-ion battery cost. Though, safety issues with graphite may hamper the growth of the market. Furthermore, enhancements in lithium-ion battery and increasing synthetic graphite production would generate growth opportunities for the market.
Market Segmentation
Global graphite market has been categorized into end-user, product type, and geography. Product type segment includes natural graphite, and synthetic graphite (graphite powder, graphite electrode, graphite blocks,carbon fiber, and others). End-user includes electrode, refractory, foundry, lubricants, battery, and other end-users. Additionally, geography segment comprises North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is comprises U.S., Canada, and Mexico, whereas Europe consists of UK, Germany, Russia,France,Italy, and Rest of Europe. India, China, South Korea,Japan,and Rest of Asia-Pacific are covered under the Asia-Pacific.
Synthetic graphite accounted the highest market share in 2016
Synthetic graphite accounted the highest market share in 2016 and it is estimated to remain the same over the forecast period, driven by enormous application across various end-use industries.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/chemicals-materials/graphite-market/toc
Electrode dominated the end-user segment with the largest market share
Electrode accounted for the highest market share in 2016, owing to its wide application in various industries.
Asia-Pacific held the highest market share in the global graphite market
Asia-Pacific generated the highest revenue in 2016, owning to high demand for graphite related products, and increasing demand of electric vehicles in this region. Countries like Singapore and Australia are also expected to witness significant grow of graphite market.
Competitive Landscape
Key players profiled in the report include Alabama Graphite Corp.,Triton Minerals Ltd., Leading Edge Materials Corp., Mason Graphite, Northern Graphite, Focus Graphite Inc., Graphite India Limited, SGL Carbon SE , Syrah Resources Limited, and Asbury Graphite Mills, Inc., among others.
To browse the complete report, visit @ https://www.variantmarketresearch.com/report-categories/chemicals-materials/graphite-market
Scope of the Global Graphite Market
Product Type Segments
• Natural
• Synthetic
o Graphite Electrode
o Carbon Fiber
o Graphite Blocks
o Graphite Powder
o Others
End-User Segments
• Electrode
• Refractory
• Lubricants
• Foundry
• Battery
• Other End-Users
Geographical Segments
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Russia
o Germany
o Italy
o France
o Rest of Europe
• Asia-Pacific
o India
o China
o Japan
o South Korea
o Rest of Asia-Pacific
• RoW
o South America
o Middle East
o Africa
Related Topics
1. Global Construction Chemicals Market is estimated to reach $46.6 billion by 2024, Says Variant Market Research
2. Global Methylene Chloride Market is estimated to reach $1,078 Million by 2024. Says Variant Market Research
3. Global Inorganic Salts Market is estimated to reach $69,131 Billion by 2024, Says variant Market Research
4. Global Foam Blowing Agents is estimated to reach $1,109 Million by 2024, Says Variant Market Research
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy &Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visithttps://www.variantmarketresearch.com
You can connect with us on LinkedIn here @https://www.linkedin.com/company/variant- market-research
Contact Us:
Michael Mendes
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco,
CA 94105,United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: michael.mendes@variantmarketresearch.com
Email: help@variantmarketresearch.com