Synthetic Graphite Market 2023 Global Key Players, Trends, Sales, Supply, Demand, Application, Share Analysis to 2031

Synthetic Graphite Market 

New Future Study Reports “Synthetic Graphite Market 2023 Global Strategies, Opportunities, Growth, Dynamics, Competitive Landscape, SWOT Analysis and Forecasts 2031” has been Added on PMR.

Report Summary:

A complete evaluation of Synthetic Graphite Market is published on PMR. Major forces impacting Synthetic Graphite Market and their impact on Synthetic Graphite Market rise are presented in detail in the report. A complete analysis of COVID 19 impact on Synthetic Graphite Market is offered along with the report. In addition, the influence of natural disaster and political tension on Synthetic Graphite Market are also presented in the report. Real time and short-term impact, along with major long-term consequences of these forces on Synthetic Graphite Market is also detailed in the report. The report comprises of segment and regional analysis section. A complete another section is dedicated to the dynamics of key players operating in Synthetic Graphite Market.

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Synthetic graphite is used in various end-use industries such as automotive, aerospace, defense, electrical and electronics, and others. The increasing demand for synthetic graphite from these end-use industries is driving the growth of the global synthetic graphite market. Synthetic graphite offers properties such as high electrical conductivity, thermal conductivity, and chemical stability that make it suitable for electric vehicle batteries. Synthetic graphite is also used in the manufacture of fuel cells due to its low cost and excellent performance characteristics.

The automotive industry is expected to be one of the major contributors to the global Synthetic Graphite Market growth over the forecast period due to increasing demand from automakers for lighter vehicles that are powered by electric batteries. The aerospace & defense industry has also been witnessing an increased demand for Synthetic Graphite due to its superior strength-to-weight ratio, corrosion resistance, and ability to operate under extreme temperatures. Additionally, Synthetic Graphite offers excellent electrical insulation properties which makes it suitable for the electrical & electronics industry. Synthetic Graphite is also used as a lubricant in various industrial applications due to its superior friction reducing properties.

Key Players- 

The Key Players involved in manufacturing & production of Synthetic Graphite are

• BTR New Energy Materials INC
• Mersen
• Asbury Carbons
• XRD Graphite Manufacturing Co., Ltd.
• Lianyungang Jinli Carbon Co., Ltd.
• Qingdao Kropfmuehl Graphite Co., Ltd.
• BaoFeng JieShi Carbon Material Co
• Canada Carbon Inc.
• IMERYS Graphite & Carbon Switzerland Ltd,

apart from other existing local and regional manufacturers of the respective regions.

The Synthetic Graphite Market is highly competitive and fragmented, with several regional and global players competing for market share. The large number of Synthetic Graphite manufacturers has increased competition in the Synthetic Graphite Market and led to significant downward pressure on prices.

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Synthetic Graphite Market: Product Segmentation & Trends

Synthetic Graphite as product is available in two basic forms: electrodes and graphite blocks. The product can also be classified into following types such as: Isotopic Graphite, Extruded Graphite, Specialty Extruded Graphite and Molded Graphite. Synthetic Graphite can be classified on the basis of following end industry application types:

• Batteries & Energy Devices – Alkaline, Ni-Cd, Zinc Carbon and Lithium Ion Batteries, Fuel Cells, Lead Acid and Supercapacitors etc.
• Welding & Metal Fabrication- Electrodes for production of recycled steel, Molds for continuous casting
• Nuclear Energy- used as a neutron moderator

The use of synthetic graphite has also given birth to a by-product known as “Secondary Graphite” resulting from the use of electrodes and blocks. Moreover, the quality is comparable to that of Natural Graphite and can compete with the same as far as application is concerned, but has a lower preference than natural graphite owing to high cost of the parent synthetic graphite. Synthetic Graphite has the higher consumption rate especially in the battery and metal fabrication industry in the form of electrodes being more consistent than natural type.

The manufacturing industry has witnessed joint ventures between global conglomerates and local enterprises for operations enhancements and resource optimization e.g. AMG Graphit Krofmu?fl GmbH and Qingdao. The manufacturers also act as registered material vendors with end customers on the basis of the material range & price offered.

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Product Innovations & increase in scope of application has been a regular trend by the manufacturing companies. Value added products such as ‘Expandable’ and ‘Spherical’ type of synthetic graphite have been launched by the manufacturers to earn profitable margins against the regular prototypes incurring high production costs. Also, production of battery grade graphite will be a key focus of all manufacturers.

Key Questions Answered in This Report –

Which is the largest regional market for Synthetic Graphite?

What are the upcoming trends of Synthetic Graphite Market in the world?

What are the key driving factors for the growth of the Synthetic Graphite Market?

What are the top players operating in the Synthetic Graphite Market?

What are the key regions in the global Synthetic Graphite market?

Who are the key players/companies in the global Synthetic Graphite market?