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

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

Natural Flake Graphite is natural crystalline graphite, belonging to the hexagonal crystal system, with a layered structure, with good high-temperature resistance, electrical conductivity, thermal conductivity, lubrication, plasticity, acid and alkali resistance and other properties. Natural Flake Graphite is metamorphosed by high pressure, and it occurs in host rocks such as quartz-mica schist, feldspathic or micaceous quartzite and gneiss.

Market Overview:


The latest research study on the global Natural Flake Graphite market finds that the global Natural Flake Graphite market reached a value of USD 1000.44 million in 2022. It’s expected that the market will achieve USD 1699.47 million by 2028, exhibiting a CAGR of 9.23% during the forecast period.

Natural Flake Graphite is widely used, and increasing downstream demand drives the development of the industry

Steelmaking and refractory applications in metallurgy consume the largest amount of Natural Flake Graphite. However, the use of emerging technologies for applications in batteries, large-scale fuel cells and lightweight high-strength composites is likely to substantially increase the global demand for Natural Flake Graphite. High demand for refractory manufacturing: The development of refractory manufacturing has increased the demand for graphite. One of the main uses of Natural Flake Graphite is the production of refractory materials (such as magnesia-carbon refractory bricks, crucibles, ladles and molds containing molten metal, etc.), making the demand for graphite comparable to metallurgical steelmaking, chemical, petroleum, machinery manufacturing, electric power, etc. The industrial sector is closely linked. According to the World Steel Association, China's crude steel production reached 1,032.8 million tons in 2021 and is expected to increase to approximately 1,200.0 million tons in 2025. Although the Natural Flake Graphite industry has made significant progress in other emerging application areas in recent years, the refractory manufacturing industry is still the largest area of Natural Flake Graphite consumption. As the metallurgical and steel-making industries are still sticking to their standard in economic development, the demand for Natural Flake Graphite will remain strong in the future. Increased demand for lithium-ion batteries: The growth structure of graphite consumption is gradually shifting from traditional industries to strategic emerging industries such as new energy vehicles, energy storage, nuclear energy and electronics, with rapid growth. The electrical conductivity of graphite is obviously better than that of other non-metals, and it is currently the most widely used anode material for lithium-ion batteries. Lithium-ion batteries are smaller and lighter than conventional batteries, but offer more power, with a flat voltage curve that can deliver almost full power before discharging. As the world transitions to clean energy in the field of new energy vehicles and energy storage, the global demand for cost-effective energy storage solutions will continue to drive the growth of the lithium-ion battery market and the graphite market.

Region Overview:


In 2021, the share of the Natural Flake Graphite market in China stood at 52.66%.

Company Overview:


Black Rock Mining Limited, Syrah Resources, China Baoan Group(BeiTeRui) were the top 3 players in the Natural Flake Graphite market in 2022, taking up a market share of 36.99% together.

Segmentation Overview:


Among different product types, High Carbon Flake Graphite segment is anticipated to contribute the largest market share in 2027.

Application Overview:


By application, the Refractories segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Natural Flake Graphite market covered in Chapter 3:

NextSource Materials Inc.
Triton Minerals
Qingdao Jinhui Graphite Group
Aoyu Graphite Group
Syrah Resources
Nacional de Grafite
Black Rock Mining Limited
China Baoan Group(BeiTeRui)
Shanshan
Noboran
EcoGraf Limited
Asbury Carbons
Posco Chemical
Qingdao Haida Group

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

High Purity Flake Graphite
High Carbon Flake Graphite
Medium Carbon Flake Graphite
Low Carbon Flake Graphite

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

Electrodes
Refractories
Foundries
Lubricants
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)