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Graphite Market worth 29.05 Billion USD by 2022

Graphite Market by Application (Refractory, Foundry, Battery, Friction Product, Lubricant), Type (Natural Graphite, Synthetic Graphite), Natural Graphite (Flake, Amorphous, Vein), Region - Global forecast to 2022<br>

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Graphite Market worth 29.05 Billion USD by 2022

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  1. Graphite Market worth 29.05 Billion USD by 2022 Browse 142 market data Tables 33 Figures 145 Pages and in-depth TOC on " Graphite Market "

  2. Growing demand for lithium-ion batteries and fuel cells, increasing use of graphite in the wind energy industry, and rising use of graphite for the manufacture of structural composite parts used in aircraft are the key factors driving the market. Get PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1202 70209 The Global Graphite Market is projected to reach USD 29.05 Billion by 2022, at a CAGR of 5.2% from 2017 to 2022.

  3. Battery is the fastest-growing application in the global graphite market Battery is expected to be the fastest-growing application in the global graphite market during the forecast period, 2017 to 2022. The use of storage batteries in an increasing number of consumer electronics and the rising adoption of the batteries in electric vehicles is projected to fuel the growth of the utility storage market. The growth of the utility storage industry is expected to lead to an increased production of fuel cells and lithium-ion batteries in the coming years. This consequently is expected to result in the increased demand for graphite, as lithium-ion batteries require 20 to 30 times more graphite than lithium. Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=1202 70209

  4. The global graphite market is projected to reach USD 29.05 Billion by 2022, at a CAGR of 5.2% from 2017 to 2022. Steel, automotive, and aerospace are the key end-use industries of graphite-based products. However, graphite-based composites are also being used in other industries, including marine, sporting goods, pipes & tanks, and construction. Owing to the exceptional property of graphite in supporting large batteries, the demand for graphite for the manufacture of commercially viable electric and hybrid vehicles has increased significantly in the last three to five years. Different grades of graphite are available for specific uses in diverse applications. Thus, the use of graphite in an increasing number of applications is expected to provide growth opportunities for the graphite market in the coming years. Speak To Our Experts

  5. The major players in the Graphite Market are, • • • • • GrafTech International Holdings Inc.(U.S.) Graphite India Ltd. (India) Triton Minerals Ltd. (Australia) Mason Graphite, Inc. (Canada) SGL Group (Germany) Enquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=1202 70209

  6. Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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