PUBLISHER: Value Market Research | PRODUCT CODE: 1448779
PUBLISHER: Value Market Research | PRODUCT CODE: 1448779
The global demand for Synthetic Graphite Market is presumed to reach the market size of nearly USD 46.59 Billion by 2032 from USD 24.82 Billion in 2023 with a CAGR of 7.25% under the study period 2024 - 2032.
Synthetic graphite is a type of artificial graphite that is produced through the high-temperature treatment of carbon-containing materials. Unlike natural graphite, which is mined from the Earth, this is manufactured using various processes. The production methods involve the graphitization of carbon precursors such as petroleum coke, coal tar pitch, or other carbon-rich materials.
In the steel sector, synthetic graphite is essential for electric arc furnace electrodes, responding to the demand generated by construction, automotive, and infrastructure projects. The rise of lithium-ion batteries in electric vehicles and energy storage systems propels the demand for this graphite in battery anodes. Its applications extend to the electronics and semiconductor industry, where it contributes to components for various devices. The automotive sector utilizes synthetic graphite in brake linings and clutches, aligning with the growing global production of vehicles. In the aerospace industry, its high-temperature resistance and lightweight properties make it valuable in components like thermal insulation and rocket nozzles. Ongoing research and development activities, globalization of industries, and a focus on sustainable practices contribute to the dynamic growth of the synthetic graphite market, meeting diverse industrial needs and applications.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of synthetic graphite. The growth and trends of synthetic graphite industry provide a holistic approach to this study.
This section of the synthetic graphite market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Synthetic Graphite market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Synthetic Graphite market include GrafTech International, Showa Denko K.K, SGL Carbon SE, Graphite India Limited, HEG Limited, Tokai Carbon Co., Ltd., Nippon Carbon Co., Ltd., SEC Carbon, Ltd., Kaifeng Carbon Co., Ltd., Nantong Yangzi Carbon Co., Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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