COVID-19 Impact on Graphite Anode Market
- During the pandemic, various manufacturing and production facilities such as batteries, steel plants, and other components production were shut down for a long period. Slowdown in battery and traditional end-markets led to a reduction in demand for flake graphite.
Get Brochure of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=84376
Key Drivers and Restraints of Graphite Anode Market
- Graphite is a highly important anode material for the production of lithium-ion batteries. Whether an electric car, smartphone or laptop, lithium-ion batteries are usually used for supply of power. Therefore, the demand for graphite is expected to increase and consequently the market is projected to expand during the forecast period.
- Awareness about environmental stability and safety is rising among consumers, which in turn is projected to significantly fuel the graphite anode market during the forecast period
Graphite Anode Market: Material Segment
- In terms of product type, the global graphite anode market can be segmented into natural graphite flakes, amorphous, veins, and synthetic graphite.
- Natural graphite is important anode material in lithium-ion batteries. Raw natural graphite flakes are rolled into spheres by impact milling and then coated with carbon by thermal vapor decomposition (TVD) in order to improve its electrochemical properties. Natural graphite is widely used for refractories, batteries, steelmaking, expanded graphite, brake linings, foundry facings, and lubricants.
- Synthetic graphite, the starting point, is a highly aromatic petroleum or coal-based residue. The residue is thermally treated through successive steps to create a carbonaceous material called coke, which at that stage possesses a mostly amorphous carbon structure.
Enquiry Before Buying @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=84376
Graphite Anode: End-use Segment
- Based on end-use, the global graphite anode market can be classified into consumer electronics, automotive, industrial, and others
- Increasing awareness regarding carbon emissions and depleting fossil fuel reserves is prompting governments around the world to offer support for adoption of electric vehicles. Therefore, the graphite anode market is estimated to expand during the forecast period owing to an increase in sales of passenger cars and commercial vehicles. This, in turn, is driving the demand for graphite anode in the automotive industry.
Asia Pacific to Hold Leading Share of Global Graphite Anode Market
- Increased demand for conductors, graphite electrodes, and batteries, along with carbon fiber-protected plastic, is projected to boost the market. Presently, Asia Pacific holds a prominent share of the global market, in terms of revenue. Europe holds the second-largest share of the global market. Rise in demand for batteries and other electrical devices that include graphite from countries in Europe is estimated to propel the demand for graphite anode material.
- Countries such as Germany and the U.K., are currently focusing on emerging EVs that are powered by li-ion batteries, which require graphite
Request Customization @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=84376
Key Manufacturers Operating in Graphite Anode Market
- Major players in the global graphite market include
- GrafTech International Ltd.,
- Syrah Resources Ltd.,
- Graphite India Ltd.,
- Tokai Carbon Co. Ltd.,
- Shanshan Corporation,
- Qingdao Guangxing Electronic Materials Co. Ltd.,
- Fangda Carbon New Material Technology Co. Ltd.
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Contact:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com/
Blog: https://tmrblog.com/
Email: [email protected]