What is Global Natural Amorphous Graphite Market?
The Global Natural Amorphous Graphite Market is a vast and dynamic sector that deals with the production, distribution, and consumption of natural amorphous graphite. This type of graphite is a crystalline form of carbon with a lustrous sheen, primarily used in various industrial applications due to its thermal and electrical conductivity properties. The market is spread across the globe, with several key players contributing to its growth and development. In 2023, the market was valued at a whopping US$ 242 million, and it's projected to reach an impressive US$ 318.1 million by 2030. This indicates a steady Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period from 2024 to 2030.
Carbon Content≥70%, Carbon Content≥80%, Carbon Content≥90%, Other in the Global Natural Amorphous Graphite Market:
The Global Natural Amorphous Graphite Market is segmented based on the carbon content of the graphite. The segments include Carbon Content≥70%, Carbon Content≥80%, Carbon Content≥90%, and others. Each segment has its unique properties and applications, contributing to the market's overall growth. The Carbon Content≥70% segment includes graphite with a carbon content of 70% or more. This type of graphite is used in various applications due to its excellent conductivity and lubrication properties. The Carbon Content≥80% segment includes graphite with a carbon content of 80% or more. This graphite is known for its high thermal stability and resistance to chemical reactions, making it ideal for use in high-temperature applications. The Carbon Content≥90% segment includes graphite with a carbon content of 90% or more. This graphite is highly pure and is used in applications that require high purity levels. The other segment includes graphite with varying carbon content levels.
Foundry Coating, Battery Carbon Stick, Pencil, Refractory, Other in the Global Natural Amorphous Graphite Market:
The Global Natural Amorphous Graphite Market finds its usage in several areas such as Foundry Coating, Battery Carbon Stick, Pencil, Refractory, and others. In Foundry Coating, it is used due to its high thermal conductivity and low thermal expansion, which prevents defects in castings. In Battery Carbon Stick, it is used as an anode material due to its excellent electrical conductivity. In Pencils, it is used as a writing material due to its ability to leave marks on paper. In Refractory, it is used due to its high temperature resistance. Other applications include lubricants, paints, and plastics.
Global Natural Amorphous Graphite Market Outlook:
The future outlook of the Global Natural Amorphous Graphite Market looks promising. In 2023, the market was valued at US$ 242 million, and it is expected to grow at a steady pace, reaching US$ 318.1 million by 2030. This growth is attributed to the increasing demand for natural amorphous graphite in various industrial applications. The top three manufacturers hold nearly 50% of the global market share, indicating a highly competitive market landscape. However, the market is expected to witness significant growth opportunities in the coming years, driven by technological advancements and increasing demand from emerging economies.
| Report Metric | Details |
| Report Name | Natural Amorphous Graphite Market |
| Accounted market size in 2023 | US$ 242 million |
| Forecasted market size in 2030 | US$ 318.1 million |
| CAGR | 3.9% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Asbury Carbons, Avizheh Technology and Development of Middle East, Carbon Graphite Materials, Durrans Group, Saint Jean Carbon, Superior Graphite, Yichang Xincheng Graphite, Tianfeng Graphite |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
