Global Synthetic Graphite Materials Market Growth 2024-2030
Synthetic Graphite is a man-made substance manufactured by the high temperature processing of amorphous carbon materials. The types of amorphous carbon used as precursors to graphite are many, and can be derived from petroleum, coal, or natural and synthetic organic materials. In some cases graphite can even be manufactured by the direct precipitation of graphitic carbon from pyrolysis of a carbonaceous gas such as acetylene (pyrolytic graphite). One important commonality between all graphite precursors is that they must contain carbon. Graphite is carbon, a specific form of carbon, so it can only be derived from other carbon containing substances. Although Synthetic Graphite can be manufactured from any number of precursor materials, the primary material used to manufacture it in the United States is petroleum coke. As noted above only certain types of carbonaceous feeds are suitable for graphite production. Therefore the petroleum coke used for the Synthetic Graphite industry must be carefully specified to assure it is of the type that will ultimately result in high quality graphitic carbon.
The global Synthetic Graphite Materials market size is projected to grow from US$ 10340 million in 2024 to US$ 17500 million in 2030; it is expected to grow at a CAGR of 9.2% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Synthetic Graphite Materials Industry Forecast” looks at past sales and reviews total world Synthetic Graphite Materials sales in 2023, providing a comprehensive analysis by region and market sector of projected Synthetic Graphite Materials sales for 2024 through 2030. With Synthetic Graphite Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Synthetic Graphite Materials industry.
This Insight Report provides a comprehensive analysis of the global Synthetic Graphite Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Synthetic Graphite Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Synthetic Graphite Materials market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Synthetic Graphite Materials and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Synthetic Graphite Materials.
Major global manufacturers of synthetic graphite materials include GrafTech, Fangda Carbon, Showa Denko, etc. The world's top three manufacturers account for approximately 33% of the market share. Asia-Pacific is the largest market, with a market share of approximately 62%. In terms of product type, graphite electrodes is the largest segment, accounting for about 55%. At the same time, in terms of application, Iron and Steel Industry is the largest application field, accounting for about 67%.
This report presents a comprehensive overview, market shares, and growth opportunities of Synthetic Graphite Materials market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Graphite Electrodes
Carbon Fibers
Specialty Graphite
Graphite Granular & Powder
Others
Segmentation by Application:
Iron and Steel Industry
Battery Industry
Aluminum Industry
Industrial Components
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
GrafTech
Fangda Carbon
Showa Denko
Jilin Carbon
Graphite India
Tokai Carbon
HEG
Nippon Carbon
Datong Xincheng New Material Co., Ltd
SEC Carbon
Toray Carbon
Toyo Tanso
Teijin (Toho Tenax)
Mersen Group
Ibiden
Asbury Graphite
Key Questions Addressed in this Report
What is the 10-year outlook for the global Synthetic Graphite Materials market?
What factors are driving Synthetic Graphite Materials market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Synthetic Graphite Materials market opportunities vary by end market size?
How does Synthetic Graphite Materials break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.