Global Amorphous Graphite Powder Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Amorphous Graphite Powder Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Amorphous graphite is usually formed by contact metamorphism between an anthracite coal seam and a metamorphism agent (e.g., tectonic stress, magma, etc.). The result is a microcrystalline graphite, which is commonly called amorphous graphite. As a seam mineral, amorphous graphite tends to have a higher ash content than other kinds of natural graphite. This is a result of the metamorphosis agent depositing other organic material as it interacts with the anthracite coal.

Market Overview:

The latest research study on the global Amorphous Graphite Powder market finds that the global Amorphous Graphite Powder market reached a value of USD 186.54 million in 2022. It’s expected that the market will achieve USD 199.9 million by 2028, exhibiting a CAGR of 1.16% during the forecast period.

Growth Drivers

The resurgence of the automotive industry in recent years, especially with the surge of EV, has provided traction for vehicle manufacturing materials, including steel, iron, and glass. According to a joint report by the International Organization of Motor Vehicle Manufacturers and World Steel Association, steel-based products account for 60% of the vehicle’s body structure. As amorphous graphite is vital for producing these materials, their uptake from the steel and refractories industry has surged to fulfill the demand from the automotive industry. Thus, the growth of the steel and refractories industry is expected to drive the amorphous graphite powder market growth.
The automotive industry is looking for innovative ways to meet the future average fuel economy requirements, thereby the steel industry is continuously investing in advanced materials which have led to the introduction of a new variety of innovative steel for the automotive industry. The development of advanced high-strength steel (AHSS) has enabled the automotive industry to affordably meet the increasing regulatory requirements. Each year, new car models are introduced using lightweight, higher-strength steel components that provide a cost-effective answer to the demand for increased safety and fuel economy. Hence, the adoption of advanced steel by the automotive industry is surging the product demand.

Challenges

Amorphous graphite is a kind of non-renewable resource, which seriously damages the environment when mined. Many countries, including China, have not set a unified plan for graphite mining rights, resulting in a large number of disorderly mining and waste of resources. Amorphous graphite mining has the same characteristics as other mining industries, with large initial production capital and serious environmental impact. The mining of amorphous graphite should be planned in a unified way, and the ratio of input to output can be appropriately increased by reducing unnecessary repetitive inputs.
In addition, only by continuously increasing the development and utilization of amorphous graphite resources can we obtain greater added value of products. However, at present, there are many primary productions of graphite, and there is no channel for the research and development and utilization of high-tech materials. The most effective products in the market can be combined with production and processing to generate more maximum profits, both of which are indispensable. The combination of amorphous graphite resources and high-tech products will inevitably play an irreplaceable role in promoting the amorphous graphite industry.

Region Overview:

In 2022, the share of the Amorphous Graphite Powder market in Asia Pacific stood at 47.94%.

Company Overview:

South Graphite is one of the major players operating in the Amorphous Graphite Powder market, holding a share of 50.02% in 2022.

South Graphite

As the resource development business platform of China National Building Materials Group and the flagship company in the field of new materials, Southern Graphite is committed to actively promoting the integration of graphite industry resources and technological progress, strengthening, enlarging and optimizing China's microcrystalline graphite industry, and leading the healthy and sustainable development of the microcrystalline graphite industry.

Grafitbergbau Kaisersberg Ges.m.b.H

The archives of the Austrian Federal Mining Office show that graphite has been mined at Kaisersberg since 1755. Today the privately owned company Grafitbergbau is operating on the global market and is known for its excellent customer service as well as its solution-oriented approach.

Segmentation Overview:

By type, Carbon Content Below 80% segment accounted for the largest share of market in 2022.

Iron and Steel

Amorphous graphite is relatively low in sulfur and the higher carbon varieties can be used for carbon raiser applications in foundry and steel plants.

Coating

In production of paints, powdered form of lump graphite is used and since graphite is a natural water repellent. amorphous graphite is the best choice for giving a protective coating on wood.

Refractory Material

The high heat resistance of amorphous graphite makes it very suitable for manufacturing, where it is commonly incorporated into crucibles, molds, ladles, troughs and nozzles. Even the electrodes in many metallurgical furnaces and linings in iron blast furnaces are made from amorphous graphite.

Friction Material

Amorphous graphite can be used as friction materials such as used in brake pads and clutches in the automotive and aviation industries.

Application Overview:

In the Amorphous Graphite Powder market, 35.76% of the total value was generated through the Refractory Material segment by application in 2021.

Key Companies in the global Amorphous Graphite Powder market covered in Chapter 3:

Nippon Kokuen Group
South Graphite
Grafitbergbau Kaisersberg Ges.m.b.H
Merck Millipore
Ulanqab Darsen Graphite New Materials
GrafTech
Botai Graphite
RS new Energy
Fortune Graphite
Focus Graphite
GONSION graphite
Asbury Carbons
Superior Graphite
Xinghe Graphite

In Chapter 4 and Chapter 14.2, on the basis of types, the Amorphous Graphite Powder market from 2018 to 2029 is primarily split into:

Carbon Content Below 80%
Carbon Content Above 80%

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Amorphous Graphite Powder market from 2018 to 2029 covers:

Iron and Steel
Coating
Refractory Material
Carbon Additive
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)