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Global Graphite Market is expected to reach US$ 29 Bn by 2027 from US$ XX Bn in 2019 at a CAGR of about XX% during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Graphite MarketGlobal Graphite Market Dynamics:
Increase in the demand for lightweight materials in aircraft components. Technology advancement and Developments in the production of lithium-ion batteries are driving the growth in the graphite market. The incomparable property of graphite in supporting large batteries and increasing demand for graphite by the manufacturer of hybrid vehicles and viable electric vehicles are boosting the growth in the global graphite market.
Global Graphite Market Segment Analysis:
The report segment the Graphite market based on type, application, and region. Based on the type graphite market is classified into natural graphite, synthetic graphite. In terms of application, graphite market can be segmented into refractory, foundry, battery, friction product, lubricant. Based on the vertical, graphite market is divided into steel, automotive, aerospace. By region, graphite market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
By application, the global graphite market is classified into lubrication, refractories, foundry, and battery. The battery segment is anticipated to grow at significant CAGR during the forecast period. Batteries which are used in hybrid electric vehicles require a large amount of graphite. Strong demand for the electric vehicle is increasing the requirement for batteries segment which helps to boost the growth in the global graphite market.
Based on the vertical, graphite market is divided into steel, automotive, aerospace. The aerospace industry shares high growth in the global graphite market. Graphite is broadly used in the aerospace industry. Graphite offers the development of lightweight structural parts which helps to expand fuel efficiency. Graphite provides the feature of high strength-to-weight capacity with compared to outmoded aerospace materials such as metals and plastics.
Global Graphite Market Regional Insights:
In terms of region, the global graphite market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East Africa. Asia-Pacific is expected to dominate the graphite market in forecast year owing to rapid industrialization in developing economies such as China and India. The growing demand for graphite in the array of application such as automotive, aerospace and steel are driving the growth in this region.
The objective of the report is to present a comprehensive analysis of Global Graphite Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with an analysis of complicated data in simple language. The report covers all the aspects of the industry with the dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Graphite Market dynamics, structure by analyzing the market segments, and project the Global Graphite Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Graphite Market make the report investor’s guide.
For more information: https://www.maximizemarketresearch.com/market-report/global-graphite-market/14950/
Scope of the Global Graphite Market Report:
Global Graphite Market, by Type
• Natural Graphite
• Synthetic Graphite
Global Graphite Market, by Application
• Friction Product
Global Graphite Market, by Vertical
Global Graphite Market, by Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in the Global Graphite Market Report:
• GrafTech International Holdings Inc.
• Graphite India Ltd.
• Triton Minerals Ltd.
• Mason Graphite, Inc.
• SGL Group.
• Northern Graphite Corporation
• Asbury Graphite Mills, Inc.
• Energizer Resources Inc.
• Mason Graphite
• Flinders Resources Ltd.
• Focus Graphite Inc.
• Showa Denko K.K.
• SGL Carbon SE
• SEC Carbon Limited
• Graphite India Limited.
• Tokai Carbon Co., Ltd
• Alabama Graphite Corp
• Syrah Resources Limited
• Nippon Graphite Industries, Co., Ltd.
• AMG Advanced Metallurgical Group
This Report Is Submitted By : Maximize Market Research Company
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