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Synthetic graphite market to Reflect Impressive Growth Rate by 2027
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Synthetic Graphite Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2026 ©2019 Transparency Market Research, All Rights Reserved
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Synthetic Graphite Market - Snapshot Synthetic graphite is a man-made substance manufactured through the high-temperature processing of amorphous carbon materials. The types of amorphous carbon used as precursors to graphite are many and can be derived from petroleum, coal, or natural and synthetic organic materials. The main application of high-purity synthetic graphite is as a carbon raiser additive in iron and steel. This application consumes a significant portion of synthetic graphite. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
Rise in Demand for Synthetic Graphite in the Metallurgy Application to Drive Synthetic Graphite Market • Synthetic graphite possesses favorable electrical properties, high mechanical strength at high temperatures, high electrical and heat conductivity, low impurity content, chemical stability, and high vibrational resistance. • It can withstand temperatures of up to 1,800 °C in electric arc furnaces. It exhibits superior thermal expansion and thermal shock resistance, which help in reducing the entire mass of steel. • The EAF method of production of synthetic graphite has gained popularity among steel producers due to its flexibility, quick turnaround time, and lower fixed costs
Rise in the Usage of Lithium-ion Batteries to Create New Opportunities for the Synthetic Graphite Market Lithium-ion batteries are rechargeable batteries that are gaining popularity in electric vehicles, consumer electronics, aerospace applications, etc. Rise in the production of electric vehicles across all regions has boosted demand for lithium-ion batteries. The total demand for lithium-ion batteries is estimated to rise from about 60,000 MwH in 2015 to approximately 160,000 to 190,000 MwH in 2025. ©2019 Transparency Market Research, All Rights Reserved
Key players operating in the Semi-consolidated Synthetic Graphite Market GrafTech International, Showa Denko K.K., SGL Group, Graphite India Limited HEG Limited, Tokai Carbon Co., Ltd. Nippon Carbon Co., Ltd. SEC Carbon, Ltd. Kaifeng Carbon Co., Ltd. ©2019 Transparency Market Research, All Rights Reserved
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