Pune, May 30, 2023 (GLOBE NEWSWIRE) -- A global Material & Chemical research and business-consulting firm, Maximize Market Research, has published a market intelligence report on the “Natural Graphite Market”. The report is a combination of primary data and secondary data, and domain experts have analysed the Natural Graphite Market from a local as well as a global point of view. Over the forecast period, Maximize Market research expects the market to grow from USD 15.5 Bn in 2022 to USD 24.7 Bn in 2029 at a CAGR of 6.4 percent.
Natural Graphite Market Report Scope and Research Methodology
| Market Size in 2022 | USD 15.5 Bn. |
| Market Size in 2029 | USD 24.7 Bn. |
| CAGR | 6.4 percent (2023-2029) |
| Forecast Period | 2023-2029 |
| Base Year | 2022 |
| Number of Pages | 276 |
| No. of Tables | 116 |
| No. of Charts and Figures | 114 |
| Segment Covered | Type, Application, Mineralogy, Color, Moh Hardness, Source, Properties, and End-Uses |
| Regional Scope | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Report Coverage | Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis. |
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The report provides a detailed analysis of the data through segments: Type, Application, Mineralogy, Color, Moh Hardness, Source, Properties, and End-Uses and their multiple sub-segments. The bottom-up approach is used to estimate the size of the Natural Graphite Market by value. The report involves investment feasibility, growth drivers, opportunities, and competitive landscape in major geographic regions such as North America, Asia Pacific, Europe, the Middle East and Africa, and South America. The report analyses the Natural Graphite Key Competitors through their market size and share, mergers and acquisitions, and collaborations happening in the market. The report helps new and existing Natural Graphite Market Key Players develop their strategies based on competitive benchmarking included in the report. The data has been collected through primary and secondary research methods. Primary data were gathered from interviews with market leaders and opinions from senior research analysts. Whereas, secondary data were collected from annual reports from the organizations and public records. The Natural Graphite Market data were later analyzed by SWOT analysis, PORTER’s five force model, and PESTLE analysis.
Natural Graphite Market Overview
Natural graphite is a mineral composed of graphitic carbon. It varies considerably in crystallinity. Most of the commercial (natural) graphite is mined and typically contains other minerals. Increased demand for electronics is the prime factor driving the Natural Graphite Market. Continuous improvements and advancements in Natural Graphite Market are lucrative opportunities for new market entrants. The mining and processing of natural graphite have significant environmental impacts, such as deforestation, soil erosion, and water pollution and the price of natural graphite is volatile and is expected to limit the growth of the natural graphite market. Recently, Syrah Resources. launched a new, anode material product for the lithium-ion battery market and signed an agreement with Qingdao Taida-Huarun New Energy Technology Co. Ltd. to supply natural graphite for the production of lithium-ion batteries.
Natural Graphite Market Dynamics
With the increasing demand for Electric vehicles, the use of graphite in the production of lithium-ion batteries is expected to boost market growth. Renewable energy storage systems are increasing day by day. Lithium-ion batteries are a popular choice for the storage of energy, which requires a large number of natural graphite. Growing demand for Natural graphite in the steel industry in developing countries is expected to fuel the Natural Graphite market growth. These Graphites are widely used in the aerospace industry for the production of lightweight composites used in aircraft, which is expected to boost the Natural Graphite industry’s growth. In addition, natural graphite is used as conductors in electronic devices such as smartphones and laptops. Technological advancement in the development of natural graphite with increased efficiency and lower production cost is expected to influence market growth.
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Natural Graphite Market Regional Insights
The Asia Pacific region dominated the Natural Graphite market in 2022 and is expected to continue the dominance over the forecast period. China is the largest producer of natural graphite with its major use in steel, refractory, and battery-making industries. The European market is the second largest market for producing natural graphite. Germany, France, and the UK are the largest markets for natural graphite. Increased demand for natural graphite in the automotive, aerospace, and energy storage industries is expected to boost the natural graphite market growth.
Natural Graphite Market Segmentation
By Type:
- Flake Graphite
- Jumbo Flake Graphite
- Large Flake Graphite
- Medium Flake Graphite
- Fine Flake Graphite
- Vein Graphite
- Amorphous Graphite
A Flake Graphite is a widely used form of graphite due to a graphite flake is a naturally occurring type of graphite mineral consisting of carbon that has a distinctly flaky morphology and is typically found as discrete flakes. This type of graphite corrodes faster than other forms. Graphite flakes are used as an additive in lubricants and fire-retardant coatings.
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By Mineralogy:
- Basal Pinacoid (0001)
- Prism (1010)
- Pyramid (1011)
By Color:
- Grey
- Black
- Opaque
By Moh Hardness:
- Moh1 = Talc
- Moh2 = Gypsum
- Moh10 = Diamond
By Source:
- Marble
- Schist
- Gneiss
By Properties:
- Metallic Properties
- Thermal Conductivity
- Electrical Conductivity
- Non-Metallic Properties
- Inertness
- High Thermal
- Resistance
- Lubricity
By End-Uses:
- High-Temperature Lubricants
- Brushes/ Electrical Motor
- Friction Materials
- Battery and Fuel Cells
By Application:
- Amorphous Graphite
- Metallurgy
- Coatings
- Lubricants
- Refractories
- Paint-Production
- Pencil Production
- Crystalline Graphite
- Lubricants
- Powder Metallurgy
- Grinding Wheels
- Batteries
- Synthetic Graphite
- Aerospace Application
- Carbon Brushes
- Graphite Electrodes
- Moderator Rods in Nuclear Power Plants
- Batteries
Natural Graphite Key Competitors include:
- Syrah Resources
- GrafTech International
- Northern Graphite
- Mason Graphite
- Graphite India
- Imerys Graphite & Carbon
- Focus Graphite
- Triton Minerals
- Alabama Graphite
- SGL Carbon
- Asbury Carbons
- Showa Denko K.K.
- Tokai Carbon Co. Ltd.
- Mersen
- Toyo Tanso Co. Ltd.
- HEG Ltd.
- Nippon Carbon Co. Ltd.
- Superior Graphite
- Qingdao Tianshengda Graphite Co. Ltd.
- Qingdao Xinghe Graphite Co. Ltd.
GrafTech International produces graphite for steel, automotive, and aerospace industries. In 2020, the company announced the acquisition of the U.S. business of C/G Electrodes LLC, a manufacturer of graphite electrodes used in the steel industry.
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Key questions answered in the Natural Graphite Market are:
- What is the Natural Graphite Market?
- What was the Natural Graphite Market size in 2021?
- What is the expected Natural Graphite Market size during the forecast period?
- What are the global trends in the Natural Graphite Market?
- What are the major restraints for the Natural Graphite Market?
- Which segment dominated the Natural Graphite Market growth?
- What is the demand pattern for the Natural Graphite Market?
- What growth strategies are the players considering to increase their presence in the Natural Graphite Market?
- What are the upcoming industry applications and trends for the Natural Graphite Market?
- Who are the leading companies and what are their portfolios in the Natural Graphite Market?
- Which region dominates the largest market share in the Natural Graphite Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, Organization Size, Application and Industry Vertical
- Market Segmentation – A detailed analysis by Type, Application, Mineralogy, Color, Moh Hardness, Source, Properties, and End-Uses
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
