Market Overview:
The global graphite packing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for graphite packing from various end-use industries, such as chemical industrial, oil, pharmaceuticals, food and beverages, electricity and papermaking. In terms of type, the dense crystalline graphite packing segment is expected to lead the global market during the forecast period due to its high thermal stability and resistance against corrosion. In terms of application, the chemical industrial segment is projected to lead the global market during 2018-2030 owing to its growing demand from various end-use industries across different regions.
Product Definition:
Graphite packing is a key component of most modern steam turbines. It is used to seal the steam path and prevent the escape of pressurized steam. Graphite packing also helps to cool the turbine blades, which can become very hot during operation.
Dense Crystalline Graphite Packing:
Dense crystalline graphite packing is a type of material that is used to pack various products such as chemicals, ceramics and metallurgical products. It has the ability to protect these products from thermal shock, vibration and impact during transportation or storage.
The global dense crystalline graphite packing market was estimated at USD 1,19 billion in 2014.
Flake Graphite Packing:
Flake graphite packing is a method of packaging in which small flakes of graphite are compressed into a hard packed form. It is mainly used for the transportation and storage of flammable liquids. The method was developed by the British Sugar Corporation Ltd, UK in the early 1960s to store sugar produced at their factories.
The main advantage offered by this type of packing is that it can be easily handled by forklift trucks.
Application Insights:
The chemical industrial application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising demand for carbon products in various chemical processes including catalytic reforming, FCC, HVAC, visbreaking units is expected to drive product demand over the coming years.
The oil segment was valued at USD 636 million in 2017 and is expected to witness significant growth owing to increasing production of crude oil which has led to an increase in exploration activities across various regions globally. Furthermore, growing investments by major players such as Saudi Arabia and Russia are anticipated fuel industry expansion further driving product demand from 2018-2030 ¢â‚¬Å“ cryptocrystalline graphite packing ¢â‚¬ image credits: statsnulla.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as chemical, oil & gas, electricity generation, and pharmaceutical among others. China is estimated to remain a key consumer owing to rapid industrialization coupled with growing domestic consumption for producing batteries.
North America emerged as the second-largest consumer due to high demand from U.S.-based chemical manufacturers for using it in refining operations along with other applications such as refineries and cement manufacturing plants that require dense packing material products or flake graphite products respectively. Europe also contributed significantly towards market growth owing to increasing use by power generation companies for generating electricity at higher temperatures which results into lower emission levels compared with conventional methods of power generation across countries including Germany, France, Italy among others that are highly regulated by environmental agencies like EU6; UK20; Sweden4; Denmark3 etc.; Poland2 etc.
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and energy
- Growing popularity of graphene-based products
- Rising investment in research and development activities
- Technological advancements in the graphite packing industry
- Growing demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Graphite Packing Market Research Report
By Type
Dense Crystalline Graphite Packing, Flake Graphite Packing, Cryptocrystalline Graphite Packing
By Application
Chemical Industrial, Oil, Pharmaceutical, Food, Electricity, Papermaking
By Companies
Garlock Sealing Technologies, Sunwell Seals, Phelps Industrial Products, Klinger Limited, Sealmax, Mineral Seal Corporation, W. L. Gore and Associates, Hysesaling, Shuangfeng Black Lead, Cixi Xinsheng Seal Factory
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Graphite Packing Market Report Segments:
The global Graphite Packing market is segmented on the basis of:
Types
Dense Crystalline Graphite Packing, Flake Graphite Packing, Cryptocrystalline Graphite Packing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Industrial, Oil, Pharmaceutical, Food, Electricity, Papermaking
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Garlock Sealing Technologies
- Sunwell Seals
- Phelps Industrial Products
- Klinger Limited
- Sealmax
- Mineral Seal Corporation
- W. L. Gore and Associates
- Hysesaling
- Shuangfeng Black Lead
- Cixi Xinsheng Seal Factory
Highlights of The Graphite Packing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dense Crystalline Graphite Packing
- Flake Graphite Packing
- Cryptocrystalline Graphite Packing
- By Application:
- Chemical Industrial
- Oil
- Pharmaceutical
- Food
- Electricity
- Papermaking
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Graphite Packing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Graphite packing is a type of packaging that uses graphite as the primary material. Graphite packs are often used to store food or other items that require a long shelf life.
Some of the major players in the graphite packing market are Garlock Sealing Technologies, Sunwell Seals, Phelps Industrial Products, Klinger Limited, Sealmax, Mineral Seal Corporation, W. L. Gore and Associates, Hysesaling, Shuangfeng Black Lead, Cixi Xinsheng Seal Factory.
The graphite packing market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Graphite Packing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Graphite Packing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Graphite Packing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Graphite Packing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Graphite Packing Market Size & Forecast, 2018-2028
4.5.1 Graphite Packing Market Size and Y-o-Y Growth
4.5.2 Graphite Packing Market Absolute $ Opportunity
Chapter 5 Global Graphite Packing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Graphite Packing Market Size Forecast by Type
5.2.1 Dense Crystalline Graphite Packing
5.2.2 Flake Graphite Packing
5.2.3 Cryptocrystalline Graphite Packing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Graphite Packing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Graphite Packing Market Size Forecast by Applications
6.2.1 Chemical Industrial
6.2.2 Oil
6.2.3 Pharmaceutical
6.2.4 Food
6.2.5 Electricity
6.2.6 Papermaking
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Graphite Packing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Graphite Packing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Graphite Packing Analysis and Forecast
9.1 Introduction
9.2 North America Graphite Packing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Graphite Packing Market Size Forecast by Type
9.6.1 Dense Crystalline Graphite Packing
9.6.2 Flake Graphite Packing
9.6.3 Cryptocrystalline Graphite Packing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Graphite Packing Market Size Forecast by Applications
9.10.1 Chemical Industrial
9.10.2 Oil
9.10.3 Pharmaceutical
9.10.4 Food
9.10.5 Electricity
9.10.6 Papermaking
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Graphite Packing Analysis and Forecast
10.1 Introduction
10.2 Europe Graphite Packing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Graphite Packing Market Size Forecast by Type
10.6.1 Dense Crystalline Graphite Packing
10.6.2 Flake Graphite Packing
10.6.3 Cryptocrystalline Graphite Packing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Graphite Packing Market Size Forecast by Applications
10.10.1 Chemical Industrial
10.10.2 Oil
10.10.3 Pharmaceutical
10.10.4 Food
10.10.5 Electricity
10.10.6 Papermaking
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Graphite Packing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Graphite Packing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Graphite Packing Market Size Forecast by Type
11.6.1 Dense Crystalline Graphite Packing
11.6.2 Flake Graphite Packing
11.6.3 Cryptocrystalline Graphite Packing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Graphite Packing Market Size Forecast by Applications
11.10.1 Chemical Industrial
11.10.2 Oil
11.10.3 Pharmaceutical
11.10.4 Food
11.10.5 Electricity
11.10.6 Papermaking
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Graphite Packing Analysis and Forecast
12.1 Introduction
12.2 Latin America Graphite Packing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Graphite Packing Market Size Forecast by Type
12.6.1 Dense Crystalline Graphite Packing
12.6.2 Flake Graphite Packing
12.6.3 Cryptocrystalline Graphite Packing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Graphite Packing Market Size Forecast by Applications
12.10.1 Chemical Industrial
12.10.2 Oil
12.10.3 Pharmaceutical
12.10.4 Food
12.10.5 Electricity
12.10.6 Papermaking
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Graphite Packing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Graphite Packing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Graphite Packing Market Size Forecast by Type
13.6.1 Dense Crystalline Graphite Packing
13.6.2 Flake Graphite Packing
13.6.3 Cryptocrystalline Graphite Packing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Graphite Packing Market Size Forecast by Applications
13.10.1 Chemical Industrial
13.10.2 Oil
13.10.3 Pharmaceutical
13.10.4 Food
13.10.5 Electricity
13.10.6 Papermaking
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Graphite Packing Market: Competitive Dashboard
14.2 Global Graphite Packing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Garlock Sealing Technologies
14.3.2 Sunwell Seals
14.3.3 Phelps Industrial Products
14.3.4 Klinger Limited
14.3.5 Sealmax
14.3.6 Mineral Seal Corporation
14.3.7 W. L. Gore and Associates
14.3.8 Hysesaling
14.3.9 Shuangfeng Black Lead
14.3.10 Cixi Xinsheng Seal Factory
