The global synthetic graphite market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for graphite in various industries such as iron and steel industry, battery industry, aluminum industry, and industrial components. Graphite electrodes are expected to account for the largest share of the global synthetic graphite market in terms of revenue during the forecast period due to their wide application in various industries such as iron and steel industry, battery industry, aluminum industry, and industrial components.
Graphite Electrodes accounted for over 50% share in terms of revenue in 2018 owing to its wide application across various industries such as Iron & Steel Industry (25%), Battery Industry (25%), Aluminum Industry (10%), Industrial Components (10%). Graphite Electrodes are used as an electrode material for arc furnaces which is used extensively by Iron & Steel Industry owing to its high melting point which helps it withstand high temperatures without any damage or loss of properties. Graphites are also used extensively by Battery Industries because they have a low resistance which helps them store more energy than other materials like lead-acid batteries or nickel-cadmium batteries that have higher resistance levels. They are also widely used by Aluminum Industries because they have a low thermal expansion coefficient which helps them withstand high temperatures without any damage or loss of properties while being processed into sheets or plates with minimal distortion on their surface area.
Some Of The Growth Factors Of This Market:
- Graphite has been used in the production of lithium-ion batteries, which are used in electric vehicles and mobile devices such as smartphones and laptops, among others.
- Graphite is also used in steel production as an additive that improves the quality of steel by reducing its brittleness and increasing its strength without adding weight or volume to it; this makes it more resistant to corrosion than other types of steel, such as stainless steel or carbon steel; this property makes graphite an important component in the manufacturing process for many industries including construction, automotive, aerospace, power generation and oil & gas exploration.
- The use of graphite electrodes has increased significantly over time due to their ability to withstand high temperatures without degrading; they are also able to withstand high voltages with minimal voltage drop.
- China is one of the largest producers and consumers of synthetic graphite.
Industry Growth Insights published a new data on “Synthetic Graphite Market”. The research report is titled “Synthetic Graphite Market research by Types (Graphite Electrodes, Carbon Fibers, Specialty Graphite, Graphite Granular & Powder, Others), By Applications (Iron and Steel Industry, Battery Industry, Aluminum Industry, Industrial Components, Others), By Players/Companies GrafTech, SGL Carbon, Fangda Carbon, Showa Denko, Jilin Carbon, Graphite India, Tokai Carbon, HEG, Nippon Carbon, JSC Energoprom Management, SEC Carbon, Yangzi Carbon, Shida Carbon, Toray Carbon, Toyo Tanso, Toho Tenax Group, Mersen Group, Mitsubishi Rayon, Poco Graphite, Ibiden, Formosa Plastics Group, Hexcel, Asbury Graphite”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Graphite Market Research Report
By Type
Graphite Electrodes, Carbon Fibers, Specialty Graphite, Graphite Granular & Powder, Others
By Application
Iron and Steel Industry, Battery Industry, Aluminum Industry, Industrial Components, Others
By Companies
GrafTech, SGL Carbon, Fangda Carbon, Showa Denko, Jilin Carbon, Graphite India, Tokai Carbon, HEG, Nippon Carbon, JSC Energoprom Management, SEC Carbon, Yangzi Carbon, Shida Carbon, Toray Carbon, Toyo Tanso, Toho Tenax Group, Mersen Group, Mitsubishi Rayon, Poco Graphite, Ibiden, Formosa Plastics Group, Hexcel, Asbury Graphite
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Graphite Market Report Segments:
The global Synthetic Graphite market is segmented on the basis of:
Types
Graphite Electrodes, Carbon Fibers, Specialty Graphite, Graphite Granular & Powder, Others
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
Iron and Steel Industry, Battery Industry, Aluminum Industry, Industrial Components, Others
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:
- GrafTech
- SGL Carbon
- Fangda Carbon
- Showa Denko
- Jilin Carbon
- Graphite India
- Tokai Carbon
- HEG
- Nippon Carbon
- JSC Energoprom Management
- SEC Carbon
- Yangzi Carbon
- Shida Carbon
- Toray Carbon
- Toyo Tanso
- Toho Tenax Group
- Mersen Group
- Mitsubishi Rayon
- Poco Graphite
- Ibiden
- Formosa Plastics Group
- Hexcel
- Asbury Graphite
Highlights of The Synthetic Graphite 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:
- Graphite Electrodes
- Carbon Fibers
- Specialty Graphite
- Graphite Granular & Powder
- Others
- By Application:
- Iron and Steel Industry
- Battery Industry
- Aluminum Industry
- Industrial Components
- Others
- 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 Synthetic Graphite 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.
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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?
Synthetic graphite is a material made from carbon atoms that have been bonded together in a way that does not occur in nature. This type of graphite is often used to create electrodes for electric cars and other devices because it has a high electrical conductivity.
Some of the major players in the synthetic graphite market are GrafTech, SGL Carbon, Fangda Carbon, Showa Denko, Jilin Carbon, Graphite India, Tokai Carbon, HEG, Nippon Carbon, JSC Energoprom Management, SEC Carbon, Yangzi Carbon, Shida Carbon, Toray Carbon, Toyo Tanso, Toho Tenax Group, Mersen Group, Mitsubishi Rayon, Poco Graphite, Ibiden, Formosa Plastics Group, Hexcel, Asbury Graphite.
The synthetic graphite market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Synthetic Graphite Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Synthetic Graphite Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Synthetic Graphite Market - Supply Chain
4.5. Global Synthetic Graphite Market Forecast
4.5.1. Synthetic Graphite Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Synthetic Graphite Market Size (000 Units) and Y-o-Y Growth
4.5.3. Synthetic Graphite Market Absolute $ Opportunity
5. Global Synthetic Graphite Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Synthetic Graphite Market Size and Volume Forecast by Type
5.3.1. Graphite Electrodes
5.3.2. Carbon Fibers
5.3.3. Specialty Graphite
5.3.4. Graphite Granular & Powder
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Synthetic Graphite Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Synthetic Graphite Market Size and Volume Forecast by Application
6.3.1. Iron and Steel Industry
6.3.2. Battery Industry
6.3.3. Aluminum Industry
6.3.4. Industrial Components
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Synthetic Graphite Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Synthetic Graphite Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Synthetic Graphite Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Synthetic Graphite Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Synthetic Graphite Demand Share Forecast, 2019-2026
9. North America Synthetic Graphite Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Synthetic Graphite Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Synthetic Graphite Market Size and Volume Forecast by Application
9.4.1. Iron and Steel Industry
9.4.2. Battery Industry
9.4.3. Aluminum Industry
9.4.4. Industrial Components
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Synthetic Graphite Market Size and Volume Forecast by Type
9.7.1. Graphite Electrodes
9.7.2. Carbon Fibers
9.7.3. Specialty Graphite
9.7.4. Graphite Granular & Powder
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Synthetic Graphite Demand Share Forecast, 2019-2026
10. Latin America Synthetic Graphite Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Synthetic Graphite Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Synthetic Graphite Market Size and Volume Forecast by Application
10.4.1. Iron and Steel Industry
10.4.2. Battery Industry
10.4.3. Aluminum Industry
10.4.4. Industrial Components
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Synthetic Graphite Market Size and Volume Forecast by Type
10.7.1. Graphite Electrodes
10.7.2. Carbon Fibers
10.7.3. Specialty Graphite
10.7.4. Graphite Granular & Powder
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Synthetic Graphite Demand Share Forecast, 2019-2026
11. Europe Synthetic Graphite Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Synthetic Graphite Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Synthetic Graphite Market Size and Volume Forecast by Application
11.4.1. Iron and Steel Industry
11.4.2. Battery Industry
11.4.3. Aluminum Industry
11.4.4. Industrial Components
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Synthetic Graphite Market Size and Volume Forecast by Type
11.7.1. Graphite Electrodes
11.7.2. Carbon Fibers
11.7.3. Specialty Graphite
11.7.4. Graphte Granular & Powder
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Synthetic Graphite Demand Share, 2019-2026
12. Asia Pacific Synthetic Graphite Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Synthetic Graphite Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Synthetic Graphite Market Size and Volume Forecast by Application
12.4.1. Iron and Steel Industry
12.4.2. Battery Industry
12.4.3. Aluminum Industry
12.4.4. Industrial Components
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Synthetic Graphite Market Size and Volume Forecast by Type
12.7.1. Graphite Electrodes
12.7.2. Carbon Fibers
12.7.3. Specialty Graphite
12.7.4. Graphite Granular & Powder
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Synthetic Graphite Demand Share, 2019-2026
13. Middle East & Africa Synthetic Graphite Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Synthetic Graphite Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Synthetic Graphite Market Size and Volume Forecast by Application
13.4.1. Iron and Steel Industry
13.4.2. Battery Industry
13.4.3. Aluminum Industry
13.4.4. Industrial Components
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Synthetic Graphite Market Size and Volume Forecast by Type
13.7.1. Graphite Electrodes
13.7.2. Carbon Fibers
13.7.3. Specialty Graphite
13.7.4. Graphite Granular & Powder
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Synthetic Graphite Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Synthetic Graphite Market: Market Share Analysis
14.2. Synthetic Graphite Distributors and Customers
14.3. Synthetic Graphite Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GrafTech
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SGL Carbon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fangda Carbon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Showa Denko
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jilin Carbon
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Graphite India
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tokai Carbon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HEG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nippon Carbon
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. JSC Energoprom Management
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SEC Carbon
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yangzi Carbon
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shida Carbon
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Toray Carbon
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Toyo Tanso
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Toho Tenax Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Mersen Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mitsubishi Rayon
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Poco Graphite
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Ibiden
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
