{"id":410486,"date":"2019-07-17T07:00:01","date_gmt":"2019-07-17T07:00:01","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=410486"},"modified":"2019-07-17T07:00:01","modified_gmt":"2019-07-17T07:00:01","slug":"graphite-market-is-expected-to-witness-rapid-growth-with-a-cagr-pegged-at-54-through-2022-allied-market-research","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/graphite-market-is-expected-to-witness-rapid-growth-with-a-cagr-pegged-at-54-through-2022-allied-market-research_410486.html","title":{"rendered":"Graphite Market is Expected to Witness Rapid Growth With a CAGR Pegged at 5.4% Through 2022 – Allied Market Research"},"content":{"rendered":"
\"Graphite<\/a><\/p>\n
\n
Graphite Market<\/div>\n<\/div>\n<\/div>\n
Increase in use of graphite to produce lithium ion battery anodes, specifically in consumer electronics, initiated the use of natural and synthetic graphite especially, as a counterpart to heavy and costly metals. Thus, rise in demand for relatively lighter and inexpensive materials across battery production applications pose lucrative opportunities for significant players in the market.<\/div>\n

Graphite Market<\/a> Size Report<\/strong>, published by Allied Market Research, forecasts that the global market was valued at $13,004 million in 2015, and is expected to reach $18,769 million by 2022, supported by a CAGR of 5.4% during the forecast period 2014 to 2022. The refractories segment held nearly three-fourths of the total market in 2015.<\/p>\n

The global graphite market is expected to witness a lot of opportunities, on account of rise in demand for lightweight materials such as carbon fiber reinforced plastic (CFRP) to be used in automobiles and manufacturing components of aircraft. Moreover, different applications of graphite in lubrication and refractories is anticipated to propel the growth of the market during the forecast period. In addition, rise in need for cost-effective raw metal material and increase in demand for lithium ion batteries drive the market growth. However, strict government regulations on the extraction of natural graphite might hinder the market growth.<\/p>\n

Download Report Sample @ https:\/\/www.alliedmarketresearch.com\/request-sample\/1965<\/a><\/strong><\/p>\n

Similar to diamond, graphite is an allotrope of carbon that portrays a hexagonal crystalline form and is black or gray in color. Graphite furnishes high thermal resistance with a melting point of around 3,930 C. It is the most electrically and thermally conductive nonmetal and an efficient lubricant. Graphite is chemically inert in nature and has a high resistance to corrosion. Furthermore, graphite offers several advantages such as higher operating reliability, high conductivity, higher strength, and higher lubrication.<\/p>\n

Graphite is expected to register the highest growth in the battery production application, owing to rise in use of lithium ion batteries, especially in smartphones and tablets.
In terms of volume, refractories segment accounted for around two-fifths share in 2015. In response to the perennial modifications in the refractories, efficient and lightweight graphite products are in high demand globally. Moreover, increase in requirement of cost-effective battery anodes and rise in adoption of graphite in lubrication of foundries drive the global graphite market.<\/p>\n

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In 2015, Asia-Pacific and LAMEA collectively accounted for around 47% of the total graphite market and are expected to continue this trend, owing to increase in the growth of steel refractories, specifically in China, India, Brazil, and other developing countries. Moreover, rise in the use of graphite in lubrication applications and changes in preference to different battery manufacturers to set up their manufacturing facilities boost the market growth.<\/p>\n

Leading market players:- <\/strong><\/p>\n

Leading market players analyzed in the research include Northern Graphite Corporation, Asbury Graphite Mills, Inc., Energizer Resources Inc., Mason Graphite, Flinders Resources Ltd., Focus Graphite Inc., Showa Denko K.K., SGL Carbon SE, SEC Carbon Limited, and Graphite India Limited.<\/p>\n

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Similar Reports:<\/strong><\/p>\n

Silver Graphite Brush Market by Product and Application – Global Opportunity Analysis and Industry Forecast, 2019-2026<\/a><\/strong><\/p>\n

Carbon Graphite Market by Product and End-user Industry – Global Opportunity Analysis and Industry Forecast, 2019-2026<\/a><\/strong><\/p>\n

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About Us:<\/strong><\/p>\n

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.<\/p>\n

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.<\/p>\n

Media Contact<\/span>
Company Name:<\/strong> Allied Market Research<\/a>
Contact Person:<\/strong> David Correa
Email:<\/strong> Send Email<\/a>
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Country:<\/strong> United States
Website:<\/strong> www.alliedmarketresearch.com\/graphite-market<\/a><\/p>\n

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Graphite Market Increase in use of graphite to produce lithium ion battery anodes, specifically in consumer electronics, initiated the use of natural and synthetic graphite especially, as a counterpart to heavy and costly metals. Thus, rise in demand for relatively … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[418,401,440,404,416],"tags":[],"class_list":["post-410486","post","type-post","status-publish","format-standard","hentry","category-Building-Construction","category-Business","category-Real-Estate","category-US","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/410486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=410486"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/410486\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=410486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=410486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=410486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}