
Flake graphite market size is valued at USD 313.42 billion by 2028 and is expected to grow at a rate of 1.10% for the forecast period of 2021 to 2028. Data Bridge Market Research report on flake graphite market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The flake graphite market is anticipated to witness tremendous growth in the forecast period which is attributed to the increasing demand for electric vehicles, opening of new graphite mines which is expected to guarantee secure and strong supply, increasing commercial applications of graphene (prepared from graphite), and rising demand for energy storage. Also the various graphite mining companies are considering increasing the production of graphite to cater to the rise in demand of graphene batteries which is also boosting scope for flake graphite application and is acting as a key determinant favoring the growth of the market over the forecast period of 2021 to 2028. The major factors accountable for the growth of the market are increasing application of graphite in the wind energy industry, rising demand of graphite for lithium-ion batteries and fuel cells and rising use of graphite in the manufacturing of structural composite parts. Beside this, the high use of underground-drones to build three-dimensional (3D) maps for mine plans is gaining popularity in the graphite industry which is also helping the market to grow. Furthermore, the increasing growth in the usage in the green technologies and rising R&D activities are also raising the flake graphite market growth. In addition, graphite is a significant material used in gaskets, clutch materials, motors, exhaust systems and cylinder heads of automobiles. Moreover, demand for graphite is predicted to witness high growth over the forecast period due to surging construction industry.
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Furthermore, the rising usage of graphite in green technologies and increasing adoption of graphite in refractories due to its high thermal will further offer a variety of growth opportunities for the flake graphite market.
However, the increasing prices of graphite and strict government regulations regarding the mining process will obstruct the growth of the flake graphite market in the forecast period of 2021 to 2028. Whereas the insufficient production capacity and production of low-cost graphite have the potential to challenge the growth of the flake graphite market in the above mentioned forecast period.
Competitive Landscape and Flake Graphite Market Share Analysis
Flake graphite market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to flake graphite market.
The major players covered in the flake graphite market report are GrafTech International, Tokai Carbon Co. Ltd., Graphite India Limited, HEG Limited, Focus Graphite Inc., Mersen, Hexagon Energy Materials Limited, NextSource Materials, Inc., ECOGRAF, Toyo Tanso Co. Ltd., Triton Minerals Ltd., par Mason Graphite, KAIYU INDUSTRIAL (HK) LIMITED, CHINA CARBON GRAPHITE INC., Elcora Advanced Materials Corp, Flinders Mines Limited, Qingdao Xinghe Graphite Co., Ltd., Northern Graphite, Syrah Resources Limited and SGL Carbon among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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This flake graphite market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on flake graphite market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Flake Graphite Market Scope and Market Size
Flake graphite market is segmented on the basis of flake size, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of flake size, the flake graphite market is segmented into jumbo, large, medium, small and fine.
- The application segment for flake graphite market is segmented into refractory, foundry, battery, friction product, lubricant and others.
- On the basis of end user, the flake graphite market is segmented into automotive, power and electronic.
Flake Graphite Market Country Level Analysis
Flake graphite market is analyzed and market size, volume information is provided by country, flake size, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the flake graphite market owing to the rising consumption of graphite in the automotive, wind and electrical and electronics industries as well as the rapid industrial development in countries such as India, China and Japan within this particular region.
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