Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Graphite Sales to Surpass US$ 50 Bn by 2031; Synthetic Graphite to Remain Top-Choice among Key Players

This image opens in the lightbox

News provided by

Fact.MR

13 Oct, 2021, 18:00 GMT

Share this article

Share toX

Share this article

Share toX

Graphite Application in Batteries and Electrodes Rises to Grow by 9.1% through 2031

Fact.MR's extensive study on graphite market offers unbiased analysis of factors enabling growth in the market through 2031. This report sheds light on key aspects such as the drivers, restraints, and opportunities that are expected to shape growth opportunities for the market players.

NEW YORK, Oct. 13, 2021 /PRNewswire/ -- As per Fact.MR, the global graphite market will surpass US$ 21 Bn through 2021. The market is forecast to register growth at 8.5% CAGR between 2021 and 2031.

Increasing use of graphite in the production of lithium-ion batteries will improve its demand over the coming years. Demand for electric vehicles batteries also will result in higher adoption of graphite in the production of electrodes and refractories & foundries. This will create attractive prospects for sales in the market through the course of the assessment period.

Investment towards integration of advanced technologies that support electric vehicle manufacturing will give impetus to the market. Despite exponential growth in electric vehicle sales, demand in the graphite market plummeted to an extent as COVID-19 outbreak resulted in supply chain disruption and suspended automotive production.

With global shutdown and disruption of export-import activities, sales of graphite declined in the FQ-20. Nevertheless, the market is expected to witness rapid recovery owing to the greenfield and brownfield investments within automotive, manufacturing, and other end-use industries.

As per Fact.MR, increasing application of graphite in the production of electrodes and refractories will spur the sales. The electrodes and refractories segment will register impressive growth at 9.1% CAGR during the forecast period.

Besides this, graphite application in the production of steel is accelerating. Rising use of graphite in steel moulding for casting ware and to cover foundry facings will boost growth opportunities in the market. As per Fact.MR, over 65% of the graphite sales are expected to be contributed by steel production, refractories & foundries, friction products, and recarburizers.

 "Increasing need for sustainable and eco-friendly transportation facilities have created opportunities for the graphite market growth. In order to gain competitive edge, leading players are investing heavily in developing sustainable synthetic graphite. This is expected to help in growth of the market in the coming years," says a Fact.MR analyst.

For More Information On How To Improve Your Graphite Market Footprint, Request A Sample Here

https://www.factmr.com/connectus/sample?flag=S&rep_id=7003

Key Takeaways from Graphite Market Survey

  • In terms of application, batteries segment will register growth at 14.1% CAGR during the forecast period
  • Synthetic graphite is expected to emerge as the top-selling product, accounting for nearly 60% of market share
  • In terms of product, flake graphite segment will account for 50% of natural graphite market share
  • With nearly 500 KT of graphite electrodes production in China, the market will witness positive growth across East Asia
  • The U.S. and the U.K. are expected to emerge as the most lucrative markets in North America and Europe owing to the increasing investments in e-mobility and battery grid storage
  • China will lead the East Asia market, with sales of graphite reaching over US$ 7.1 Bn in East Asia

Key Drivers

  • Surging application in the production of lithium-ion batteries and fuel cells will accelerate the sales
  • Growing use of graphite in the wind energy industry will improve growth in the market
  • Increasing application of graphite for manufacturing structural and frictional composite parts of aircrafts will boost the market

Key Restraints

  • Increased production of low-cost and low-quality graphite will act as challenge for market players
  • Insufficient production capacity in emerging economies is likely to restraint the market growth

Ask Your Graphite Market Related Questions & Get Customized Reports:

https://www.factmr.com/connectus/sample?flag=RC&rep_id=7003 

Competitive Landscape

Key players are adopting organic strategies such as research and development activities to expand their product portfolio. Inorganic strategies such as collaborations and mergers are also on the card for leading players to increase their revenue. For instance,

  • In July 2021, Ceylon Graphite Corp., announced the incorporation of its wholly-owned subsidiary, Ceylon Graphite Technologies Ltd., to develop innovative applications for value graphite and graphene in multiple market segments, focusing on battery anode graphite into vehicle electrification.
  • In January 2021, Tirupati Graphite, Tirupati Graphene, and Mintech Research Centre, received its first contact, which is focused on graphene manufacturing, graphene applications development, and minerals processing technology development.
  • In September 2021, Mason Graphite Inc., received its final TSX Venture Exchange acceptance for its acquisition of Black Swan Graphene Inc. for its strategic assets related to a patented graphene processing technology from Thomas Swan & Co. Ltd.

Some of the leading market players operating in the graphite market profiled by Fact.MR are:

  • Shenzhen BTR New Materials
  • Shanshan Technology
  • Showa Denko Materials Co. Ltd.
  • Mitsubishi Chemical
  • Nacional de Grafite
  • Hunan Zhongke Shinzoom Technology Co., Ltd.
  • Hensen Graphite
  • Aoyu Graphite Group
  • Qingdao Haida Graphite Co., Ltd.
  • Nippon Graphite Industries, Ltd.
  • Superior Graphite Co.
  • Others

More Valuable Insights on Graphite Market

In its latest report, Fact.MR report on global graphite market offers unbiased analysis, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021 and 2031. The study also provides detailed analysis on the market which is segmented on the basis of:

By Product Type:

  • Natural Graphite
    • Flakes
    • Amorphous
    • Veins
  • Synthetic Graphite

By Application:

  • Electrodes
  • Refractories & Foundries
  • Batteries
  • Recarburisers
  • Lubricants
  • Friction Products
  • Others

Key Questions Covered in the Graphite Market Report 

  • The market survey also highlights projected sales growth for graphite market between 2021 and 2031
  • The report offers insight into graphite demand outlook for 2021-2031
  • Graphite market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others
  • Graphite market analysis identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry

Explore Fact.MR's Coverage on the Chemical & Materials Domain

Graphite Coatings Market - The automotive industry has been a significant contributor to the increased demand for graphite coatings. This is because the automobile industry is associated with numerous material-handling operations and material-utilization practises. As a result, graphite coatings are always in high demand for preventing rust and corrosion in metal bodies. In 2020, the automobile industry will account for more than 34% of demand for graphite coatings.

Refractories Market - Clay-based refractories in the form of bricks are used to line portions of the interiors of blast furnaces, blast-furnace stoves, and coke ovens, allowing the refractories market to grow. Non-clay refractories, on the other hand, are expected to grow at a potential CAGR during the forecast period. Steel industries account for roughly three-quarters of global refractory demand and are expected to maintain their dominance throughout the forecast period.

Metallurgical Grade Silicon Market - Technological advancements have also provided a foundation for the growth of the electronics industry, which will in turn aid the growth of the metallurgical grade silicon market. Silicones and silanes have numerous applications in a variety of industries; thus, the use of metallurgical grade silicon in the production of silicones and silanes will drive the metallurgical grade silicon market forward. North America's electronics industry is also experiencing moderate growth, which is driving up sales of metallurgical grade silicon in the region.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range – from automotive & industry 4.0 to healthcare, chemical and materials, to even the most niche categories. 80% of Fortune 1000's trusts us in critical decision making.

MarketNgage is powered by Fact.MR – our Unified Intelligence Engine, a revolutionary Market Research Subscription platform with a flexible pricing to suit your needs.

You can access all our Chemicals & Materials research reports by signing up with MarketNgage's Market Research Subscription with FREE credits. MarketNgage is powered by Fact.MR – A Fully integrated research solution for seamless single-window access Widest coverage on emerging markets, nascent products, and disruptive technologies. 

Contact:

Mahendra Singh
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com

Logo: https://mma.prnewswire.com/media/713666/FactMR_Logo.jpg

Modal title

Also from this source

Bisabolene Market is Forecasted to Reach US$ 4.6 Million by 2034, Expanding at a CAGR of 3.9% | Fact.MR Report

According to a new research report published by Fact.MR, the global Bisabolene Market was valued at US$ 3 million in 2023 and has been forecasted to...

Hyaluronic Acid Raw Material Market is projected to grow at a CAGR of 5.2%, Reaching a value of $11.7 billion by 2034 | Fact.MR Report

The global Hyaluronic Acid Raw Material Market has been valued at US$ 7.05 billion in 2024, as stated in the recently updated industry analysis by...

More Releases From This Source

Explore

Chemical

Chemical

Chemical

Chemical

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.