Synthetic Graphite Market 2019 Growing Rapidly with Industry Size, Share, Types, Applications of Manufacturers Forecast to 2024


TheSynthetic Graphite Marketresearch report 2019-2024 focuses on provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data. Synthetic Graphite Market report also provides the current industry outlook with respect to key players, types, applications, countries and regions. The major drivers, restraints, opportunities and threats for key players is also included. It also provides granular analysis of market share, segmentation, revenue forecasts and regional analysis till 2024.

Market Overview:

  • The synthetic graphite market is expected to register a CAGR of 4.17% during the forecast period, 2019 – 2024. Major factors driving the market studied are increasing demand for electric vehicles and high purity levels of synthetic graphite. High costs compared to natural graphite and stringent environmental regulations are expected to hinder the growth of the market studied.
  • Metallurgy dominated the application segment of the market in 2018, and it is expected to grow during the forecast period as well. Synthetic graphite electrodes are employed in metallurgical applications as a source of energy for the processes, including melting scrap iron in an electric furnace, refining of ceramic materials, manufacturing chemicals, such as calcium carbide, and other applications that require high temperature and clean energy source.
  • Growing popularity of graphene is likely to act as an opportunity in the future.
  • Asia-Pacific dominated the market across the globe, with the largest consumption seen in countries, such as China, Japan, and India.<

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    Scope of the Report:

  • This report studies the global Synthetic Graphite market size, industry status and forecast, competition landscape and growth opportunity.

    List of Key Manufacturers Covered in Synthetic Graphite Market:

  • Asbury Carbons
  • BTR New Energy Material Ltd
  • Shanshan Technology
  • Shenzhen Sinuo Industrial Development Co. Ltd
  • Hitachi Chemical Co. Ltd
  • Mitsubishi Chemical Corporation
  • Imerys Graphite & Carbo
  • Lianyungang Jinli Carbon Co. Ltd
  • Mersen
  • Qingdao Kropfmuehl Graphite Co. Ltd
  • Shamokin Carbons
  • Showa Denko KK
  • Jiangxi Zichen Technology Co. Ltd

    Synthetic Graphite Market Report Covers the Following: –

    • The report covers forecast and analysis for the market on a global and regional level.
    • The report includes the drivers and the restraints that affect the growth of the market.
    • The report discusses detailed information about the market opportunities.
    • The market is segmented on the basis of product and end-user industry
    • The key target audience for the market has been determined in the report.
    • The revenue generated by the prominent industry players has been analyzed in the report.

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    Synthetic Graphite Market Report Highlights:

    • Comprehensive pricing analysis on the basis of product, application, and regional segments
    • The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the Synthetic Graphite market
    • Deep insights about regulatory and investment scenarios of the Synthetic Graphite market
    • Analysis of market effect factors and their impact on the forecast and outlook of the Synthetic Graphite market
    • A roadmap of growth opportunities available in the Synthetic Graphite market with the identification of key factors
    • The exhaustive analysis of various trends of the Synthetic Graphite market to help identify market developments

    Key Market Trends:

    Increasing Demand for Batteries Applications

    Synthetic graphite is used as the anode component in lithium-ion batteries. Although lithium is the best-known component of lithium-ion batteries, there is far more graphite than lithium in a battery. Battery anodes require coated spherical graphite at over 99.9% purity.
    Battery is one of the few applications, where natural and synthetic graphite compete with each other. The battery manufacturers are shifting their focus toward natural graphite over synthetic graphite, in order to bring down the production costs.
    The features of graphite, such as high surface area and layered crystal structure, make it suitable for use as an anode material into which the lithium ions are intercalated. Certain battery technologies require graphite to be almost 100% pure.
    The growth in the sales of electronics and electric cars is expected to drive the sales of lithium-ion batteries, which, in turn, is expected to drive the consumption of synthetic graphite in the coming years.

    China to Dominate the Market in the Asia-Pacific Region

    China continues to dominate synthetic graphite production and demand. Almost all stages of the lithium-ion battery manufacturing chain are focused on China, and China is by far the largest and most rapidly growing market for lithium-ion batteries, which has paved the way for the market growth of synthetic graphite.
    The major application of synthetic graphite is in electrodes in the steel making industry. China holds the largest share in terms of consumption and production capacity of graphite electrodes in the global scenario.
    China has produced nearly 520 thousand metric ton of graphite electrode, of which, nearly 62% was utilized for domestic consumption purposes.
    On a brighter note, the capacity of electric arc furnaces has been increasing in recent times with an estimated increase of nearly 70 million metric ton in capacity in the beginning of 2019.
    The government of China is also focusing on developing eco-friendly means of producing steel and it has lately announced its target to produce 20% of the country’s steel through electric arc furnace, by 2020. This marks a growth of the electric arc furnace capacity by three times, as compared to that of 2017.
    The growing production of motor vehicles, along with the expanding residential construction industry, is expected to support the domestic demand for non-ferrous alloys and iron and steel, which will be a positive factor for the growth of the synthetic graphite demand in the coming years.

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    Detailed TOC of Synthetic Graphite Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Drivers
    4.1.1 Increasing Demand for Electric Vehicles
    4.1.2 High Purity Levels of Synthetic Graphite
    4.1.3 Other Drivers
    4.2 Restraints
    4.2.1 High Costs Compared to Natural Graphite
    4.2.2 Stringent Environmental Regulations
    4.3 Industry Value Chain Analysis
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Raw Material Analysis
    4.6 Regulatory Policy Analysis

    5.1 Application
    5.1.1 Metallurgy
    5.1.2 Parts and Components
    5.1.3 Batteries
    5.1.4 Nuclear
    5.1.5 Other Applications
    5.2 Geography
    5.2.1 Asia-Pacific China India Japan South Korea ASEAN Countries Rest of Asia-Pacific
    5.2.2 Europe Germany France Italy UK Russia Rest of Europe
    5.2.3 North America United States Canada Mexico Rest of North America
    5.2.4 South America Brazil Argentina Rest of South America
    5.2.5 Middle East & Africa Saudi Arabia South Africa Rest of Middle East & Africa

    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Asbury Carbons
    6.4.2 BTR New Energy Material Ltd
    6.4.3 Shanshan Technology
    6.4.4 Shenzhen Sinuo Industrial Development Co. Ltd
    6.4.5 Hitachi Chemical Co. Ltd
    6.4.6 Mitsubishi Chemical Corporation
    6.4.7 Imerys Graphite & Carbo
    6.4.8 Lianyungang Jinli Carbon Co. Ltd
    6.4.9 Mersen
    6.4.10 Qingdao Kropfmuehl Graphite Co. Ltd
    6.4.11 Shamokin Carbons
    6.4.12 Showa Denko KK
    6.4.13 Jiangxi Zichen Technology Co. Ltd

    7.1 Growing Popularity of Graphene
    7.2 Other Opportunities


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