What is Global Graphite Granular and Powder Market?
The Global Graphite Granular and Powder Market is a vast and dynamic sector that deals with the production, distribution, and consumption of graphite in both granular and powder forms. Graphite, a naturally occurring form of crystalline carbon, is a soft mineral with extreme properties that make it useful in a wide range of applications. The global market for graphite granular and powder is primarily driven by its extensive use in various industries such as refractory materials, metallurgy, graphite parts, batteries, and others. The market's value was estimated at US$ 74 million in 2022, and it is expected to grow to US$ 84 million by 2029, with a Compound Annual Growth Rate (CAGR) of 1.8% from 2023 to 2029.
Natural Type, Synthetic Type in the Global Graphite Granular and Powder Market:
The Global Graphite Granular and Powder Market is segmented into two types based on the source of graphite: Natural Type and Synthetic Type. Natural graphite is extracted from the earth and is used in its raw form or after some processing. It is commonly used in lubricants, batteries, and brake linings. On the other hand, synthetic graphite is manufactured artificially by heating carbon-rich materials to high temperatures. It has a higher purity level and is primarily used in applications where a high degree of purity is required, such as in the manufacturing of silicon chips for computers and smartphones. From 2014 to 2019, China has been the leading producer of Graphite Granular and Powder, accounting for over 63% of the global production. The top three manufacturers of Graphite Granular and Powder were SGL Carbon Group, Haida Graphite, National de Grafite, collectively accounting for over 28.6% of the total market share in 2018.
Refractory Materials, Metallurgy, Graphite Parts, Batteries, Other in the Global Graphite Granular and Powder Market:
The Global Graphite Granular and Powder Market finds its application in several areas. In the field of Refractory Materials, graphite's high thermal resistance makes it an ideal component for products that must resist high temperatures. In Metallurgy, graphite is used as a lubricant and also as a carbon raiser in the production of steel and iron. Graphite Parts are essential in various industries due to their self-lubricating and dry-running properties. In the Batteries sector, graphite is used as an anode material in lithium-ion batteries, which are extensively used in electric vehicles, portable devices, and other equipment. Other applications of graphite include its use in the production of pencils, as a pigment in paints, and in the nuclear industry as a neutron moderator.
Global Graphite Granular and Powder Market Outlook:
The global Graphite Granular and Powder market has shown a steady growth trend. As of 2022, the market was valued at US$ 74 million. The market is projected to reach a value of US$ 84 million by 2029, indicating a Compound Annual Growth Rate (CAGR) of 1.8% during the forecast period from 2023 to 2029. China has been a significant player in this market, contributing over 63% of the global production from 2014 to 2019. The leading manufacturers in the Graphite Granular and Powder market include SGL Carbon Group, Haida Graphite, and National de Grafite, who collectively held over 28.6% of the total market share in 2018.
| Report Metric | Details |
| Report Name | Graphite Granular and Powder Market |
| Accounted market size in 2023 | US$ 74 million |
| Forecasted market size in 2030 | US$ 84 million |
| CAGR | 1.8% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
|
| Segment by Application |
|
| Production by Region |
|
| Consumption by Region |
|
| By Company | Haida Graphite, National de Grafite, Jinhui Graphite, Xincheng Graphite, Skaland Graphite, Yanxin Graphite, SGL Carbon Group, Tirupati Graphite, Black Dragon Graphite, Maas Graphite, Tianfeng Graphite, Beidahuang Group, Xinghe Graphite, Tianheda Graphite, Imerys Graphite & Carbon, Nippon Graphite Group, Qingdao Santong Graphite, Entegris, SEC CARBON, Superior Graphite |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
