Graphite Market - Forecast 2022-2027

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Graphite MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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• Graphite market size is estimated to reach
  US22.4 billion by 2027 after growing at a CAGR
  of 5.5 from 2022-2027. Graphite is a
  carbon-based mineral found in crystalline form
  and it is of two types i.e., natural type
  consisting of flakes like amorphous graphite and
  synthetic type which consist of graphite made
  from coke pitch. Hence rich properties like
  self-lubrication, high tolerance to heat and
  unchangeability, etc., makes graphite of high
  usage in various application. For instance, in
  automotive vehicles especially electric vehicles
  it is used in lithium-ion batteries, as heat
  resistant in refractories, as an additive in
  lubricant,

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• Key Takeaways
• Asia-Pacific dominates the graphite market, as
  the region is a hub for major steel, construction
  and automotive industries in countries like
  India, Japan, South Korea and China being the
  largest producer of graphite
• The rich properties of graphite such as
  self-lubrication and friction resistance make it
  an efficient lubricant. Hence such lubricant is
  mainly used for heavy mining machinery such as
  conveyors.
• Growing demand for electric vehicles will create
  more demand for lithium-ion batteries to be used
  in these vehicles as fuel, thereby increasing the
  usage of graphite in such batteries.

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By Distribution Channel- Segment Analysis High
purity graphite held the largest share in the
graphite market in 2021, with a share of over
35. This owns to factors such as high purity
graphite has excellent conductivity, lubrication
and high-temperature resistance. Hence due to
such rich properties, it has various industrial
applications such as lubrication, metallurgy,
automotive, aerospace etc. The rapid development
in some sectors such as the growing demand for
the electric vehicle segment in the automotive
industry has created more demand for high purity
graphite since it is mainly used in lithium-ion
batteries for electric vehicles.
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• Graphite Market Outlook 
• Showa Denko Materials Co., Ltd
• BTR New Materials Group Co. Ltd
• GrafTech International Holding Inc.
• Mason Graphite Inc.
• SGL Group
• Triton Mineral Ltd.
• Nippon Graphite Industries Co. Ltd
• Northern Graphite Corporation
• Syrah Resource Limited
• Graphite India Ltd.

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Graphite Market -
Forecast 2022-2027 Learn More About the Report
_at_ https//www.industryarc.com/Research/Graphite-
Market-Research-507281
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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