Synthetic graphite or artificial graphite plumbago is extracted from purification of hydrocarbon materials like fossil fuel Coke, and coal tar etc. although it’s carbon content similar to the Natural type, however it differs, being much purer in terms of carbon content. synthetic graphite has vital characteristics such as thermal and electric conductivity, resistance to corrosion, lightweight weight and strength that has gained attention from OEMs of various sectors.

How Big is The Global Synthetic Graphite Market?

The Synthetic Graphite Market is expected to be around US$ 28.93 Billion by 2027 at a CAGR of 5% in the given forecast period.

The major driving factors of Synthetic Graphite Market are as follows:

• Growing Demand for Lithium-Ion Batteries and Fuel Cells
• Increasing Use of Graphite in the Wind Energy Industry

The major restraints factors of Synthetic Graphite Market are as follows:

• Increased Export Duty on Graphite in China

The major opportunities factor of Synthetic Graphite Market are as follows:

• Growing Usage of Graphite in Green Technologies

The Synthetic Graphite Market has been segmented as below:

By Application:

• Lubricant
• Foundry
• Battery
• Refractory
• Friction Product
• Others

By Product:

• Electrodes
• Graphite blocks

By Regional Analysis:

• North America
• Europe
• Asia-Pacific
• Rest of the World

The Synthetic Graphite Market is segmented on the lines of its Product, product and regional. Based on product it covers Electrodes and Graphite blocks. Based on application it covers Refractory, Foundry, Battery, Friction Product, Lubricant and Others. The Synthetic Graphite Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:
 
1) An overview of the global market for Synthetic Graphite Market and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Synthetic Graphite Market.

4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry. 

Report Scope:

The scope of the report includes a detailed study of Synthetic Graphite Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report BTR New Energy Materials INC. Mersen, Asbury Carbons, XRD Graphite Manufacturing Co., Ltd., Lianyungang Jinli Carbon Co., Ltd., Qingdao Kropfmuehl Graphite Co., Ltd., BaoFeng JieShi Carbon Material Co. Canada Carbon Inc., IMERYS Graphite & Carbon Switzerland Ltd. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

Reasons to Buy this Report:
1) Obtain the most up to date information available on all Synthetic Graphite Market.

2) Identify growth segments and opportunities in the industry.

3) Facilitate decision making on the basis of strong historic and forecast of Synthetic Graphite Market.

4) Assess your competitor’s refining portfolio and its evolution.

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