Global Synthetic Graphite Market 2024-2028
The synthetic graphite market is forecasted to grow by USD 6.46 bn during 2023-2028, accelerating at a CAGR of 5.25% during the forecast period. The report on the synthetic graphite market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the demand for high-purity synthetic graphite, the rising adoption of electric vehicles, and an increase in demand for synthetic graphite electrodes.
Technavio's synthetic graphite market is segmented as below:
By Distribution Channel
By Application
- Electrodes
- Metallurgy
- Parts and components
- Nuclear
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increasing use of synthetic graphite in metallurgical applications as one of the prime reasons driving the synthetic graphite market growth during the next few years. Also, increasing demand for synthetic graphite from the lithium-ion battery industry and growing applications of synthetic graphite in energy storage systems will lead to sizable demand in the market.
The report on the synthetic graphite market covers the following areas:
- Synthetic graphite market sizing
- Synthetic graphite market forecast
- Synthetic graphite market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading synthetic graphite market vendors that include AMG Advanced Metallurgical Group NV, Asbury Carbons Inc., Brookfield Business Partners LP, BTR New Material Group Co. Ltd., Graphite India Ltd., Imerys S.A., Kaiyu Industrial HK Ltd., Lianyungang Jinli Carbon Co., Ltd., Mersen Corporate Services SAS, Mitsubishi Chemical Group Corp., Morgan Advanced Materials Plc, Nippon Carbon Co. Ltd., Resonac Holdings Corp., Schunk GmbH, SGL Carbon SE, Shamokin Carbons, Tokai Carbon Co. Ltd., and Toyo Tanso Co. Ltd. Also, the synthetic graphite market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.