The market research report, entitled Graphite Materialsshows good possibilities in the Graphite Materialsmarket during the next five-year period and ensures more information regarding market trends. The following summary will give an overview of the drivers, challenges and key players in the market.
Global Graphite MaterialsMarket Forecast:
The global Graphite Materialsmarket is forecasted to grow at a rate of 4.4% CAGR during the period of 2021-2026. Graphite MaterialsMarket will be experiencing an escalation in demand attributed to the growing usage of Graphite Materialsin the market. The XYZ market growth depends upon numerous factors which have direct or indirect impact on the demand. Our report has the summary of such factors derived using SWOT, PEST, industry life cycle and supply chain analysis. These methods help in analysing the strength of the companies and identify gaps as well as opportunities to lay out a successful roadmap which leads to higher profitability.
Wish to receive a sample? Request here:
Some linchpins in the market are
BAE Systems Plc., Cobham Plc., Honeywell International Inc., Microsemi Corporation, and Texas Instruments
Graphite MaterialsMarket Segmentation:
The report segments based upon demographics, geographics, benefits and volume etc, has different driving factors and identifies the most-attractive segments and sub-segments. Graphite Materialsmarket segmentation will not only help marketers to be more efficient in terms of time, money and other resources but also allows companies to learn about their target audience so that they can tailor campaigns and increase market share and revenue.
SGL Carbon SE
GrafTech International Holdings Inc.
Nacional de Grafite
Nippon Graphite Industries
Asbury Graphite Mills
Growth drivers and Market Value:
This report, from Stratview Research, studies the Graphite Materials Market value and growth drivers over the trend period of 2021-26. According to the report –
Graphite has two principal types: Synthetic Graphite and Natural Graphite. They have their own set of applications and generally do not compete with each other. They have no relationship with each other except the name graphite.
Synthetic graphite is a man-made substance manufactured by high temperature treatment (2,500 to 3,000 degree Celsius) of amorphous carbon materials. Synthetic graphite has four types; electrode, block, powder, and fiber. The largest type of the synthetic graphite is graphite electrode that is predominately used in producing electric arc furnaces for melting steel & iron and producing alloys.
The graphite market offers a robust growth opportunity during the forecast period of 2020 to 2025. Synthetic graphite market is likely to remain the largest graphite type during the forecast period, driven by demand of electrodes, blocks and carbon fibers. Natural graphite is expected to experience an overall higher growth than synthetic graphite in the next five years.
Based on Application Type:
Currently, refractory is the largest application of natural graphite. However, it has continuously lost market share during 2014-2019 and is expected to lose further in the next five years. The decline is due to the reduced demand of refractories from steel industry and slower economic growth in China.
Battery is currently the hot topic in the graphite market. All of the major graphite producers are discussing about the growth potential of graphite in the batteries for the automotive and other industries, such as consumer goods. Battery is an application where both natural and synthetic graphite are used and truly compete with each other. There will be a continuous shift in graphite market away from amorphous natural graphite towards flake and synthetic graphite as emerging applications like batteries typically require large flake and high-purity grades.
Based on Region:
Asia-Pacific is expected to remain the growth engine of the global graphite market. Emerging economies, such as China and India will drive both synthetic as well as natural graphite market over the next five years.
Get the Full Scope of the Report:
COVID-19 IMPACT Analysis on Graphite MaterialsMarket
Coronavirus has influenced every one of the organizations, little or large, dealing in any sector. The growth curves of XYZ market have seen immense fluctuations in the year 2021. The market scenario and the pace of growth have taken a colossal turn and have prompted numerous adjustments in the cycles, which will have repercussions for a significant stretch. 2021 is probably going to be superior to 2021 for the XYZ market players as the greater part of the organizations have continued their activities and the interest is getting reestablished for them.
Note: This report will be refreshed to consolidate the effect of COVID-19, available for the time of 2021 to 2026.
The assessment of the pandemic reveals an enormous transformation in both short, as well as long-term regional business. With some barriers along the road, the Graphite Materialsmarket stakeholders hope to regain stability in 2021, with flourishing demand and a hassle-free market environment. In terms of region, North America and Russia held the major chunk of the market in and before 2021. Despite several setbacks and the pandemic’s impact, the regions having the presence of key players, are likely to maintain their dominance in the upcoming years. According to the report, North America. region is expected to handle the crisis most efficiently, growing at the highest rate during the five-year tenure and is expected to become the next potential manufacturing hub.
For inquiries, Contact:
About Stratview Research
Stratview Research is a global market intelligence firm helping its clients’ tract the ever-evolving market scenarios through customised and syndicated reports. The reports offered here are gathered with the help of our wide-ranging and reliable secondary sources
depth interviews with the linchpins within the market. Extrapolated through primary and secondary research, Stratview Research’s reports help you remain ahead of the curve by enabling you to understand the current market trends and challenges coming on your way. Our strong team of industry veterans and researchers assure high quality research and strategic insights that help companies worldwide in effective decision making.