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Graphite Block Market Size, Share Global Analysis Report, 2020–2026
Graphite Block Market By Type (Natural And Synthetic), and By Application (Lubrication, Refractory, Batteries Production, Foundry, Electrodes, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
[185+ Pages PDF Report] Global graphite block market was USD 14 billion in 2019 and is anticipated to reach over USD 19 billion by 2026, at a CAGR of 5% during the forecast period.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the graphite block industry. The report analyzes and declares the historical and current trends analysis of the graphite block industry and subsequently recommends the projected trends anticipated to be observed in the graphite block market during the upcoming years.
Key Insights from Primary Research
- According to the primary researcher operating in the global graphite block market, the market was valued at USD 13 billion and is expected to be valued over USD 18 billion.
- The graphite block market is predicted to witness a significant growth of nearly 5% over the forecast period.
- By type analysis, the synthesis graphite category will be the largest form powered by electrons, blocks and carbon fibers.
- By application analysis, the batteries production segment-headed the market due to increasing demand for graphite in battery production industries
- By geography, Asia Pacific is expected to be the fastest-growing market for graphite block during the years to come attributed to the developing economy such as India, China, Japan, etc. in this region.
Key Recommendations from Analysts
- Our analysts recommend that the natural graphite segment is anticipated to boost the graphite block market owing to the increasing demand in refractories and steelmaking industries.
- Due to the high thermal conductivity of graphite, the foundry segment is anticipated to grow over the forecast period.
- The refractories and electrode category is expected to boost the market during the forthcoming years attributed to the use of graphite in these segments.
- Europe and North America are also expected to dominate the market during the coming years.
- With the increasing use of graphite in batteries, steelmaking industries, the consumption of natural and synthetic graphite is expected to enhance the graphite block market.
Market Attractiveness ByType Analysis
The graphite block market report analyzes and notifies the industry statistics at the global, regional, and country levels to acquire a thorough perspective of the entire graphite block market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (kilotons) and value (USD Billion) from fy 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the graphite block industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the graphite block industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the graphite block market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the graphite block industry. The graphite block market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the graphite block sector. Key strategic developments in the graphite block market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the graphite block market are appropriately highlighted in the report.
Graphite possesses characteristics such as non-metallic and metallic and it is naturally flexible, which makes it suitable for various industrial applications. Graphite’s metallic properties include electrical conductivity and thermal conductivity, while non-metallic properties include lubricity, high thermal strength, and chemical inertness. By using carbon-containing raw materials including tar pitch and petroleum coke, graphite is produced synthetically.
Increasing demand for lightweight materials such as polymers of carbon-fiber-reinforced and growing production of lithium-ion batteries with the implementation of innovative technologies are driving the graphite market. Owing to the demand for blocks and carbohydrate electrodes, synthetic graphite is likely to dominate the market over the forecast period. Natural graphite remains stable over high temperatures and it is an excellent conductor of electricity and heat, it is widely used in steelmaking industries. Moreover, Inthe steel business, the growing demand for graphite as a crucible & ladle liner may drive market growth. The consumption of natural graphite, and the increasing need for automotive, batteries, and graphite filament may produce lucrative opportunities in the market.
The graphite block market research report delivers an acute valuation and taxonomy of the graphite block industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the graphite block industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the graphite block industry is provided for the leading economies of the world.
The graphite block market is segmented based on type and application. On the basis of type segmentation, the market is classified into natural, and synthetic. In terms of Application segmentation, the market is bifurcated into lubrication, refractory, battery production, foundry, electrodes, and others.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 14 Billion |
Projected Market Size in 2026 |
USD 19 Billion |
CAGR Growth Rate |
5% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Mersen, GCP, Imerys, Focus Graphite Block, Bora Bora Resources, Superior Graphite Block, RS Mines, Shenzhen Jinzhaohe, Qingdao Ruisheng, Lomiko Metals, Beijing Sanye, Cable Consultants, Qingdao Huatai, AoYu Graphite Block, CCGG, Alabama Graphite Block, Northern Graphite Block, AG , and others. |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Some of the essential players operating in the graphite block market, but not restricted to include
- AGT
- GCP
- Imerys
- Focus Graphite Block
- Mersen
- Superior Graphite Block
- RS Mines
- Bora Bora Resources
- Qingdao Ruisheng
- Lomiko Metals
- Beijing Sanye
- Shenzhen Jinzhaohe
- Qingdao Huatai
- AoYu Graphite Block
- Cable Consultants
- Alabama Graphite Block
- Northern Graphite Block
- CCGG
The taxonomy of the graphite block industry by its scope and segmentation is as follows:
By Type Segmentation Analysis
- Natural
- Synthetic
By Application Segmentation Analysis
- Lubrication
- Refractory
- Batteries production
- Foundry
- Electrodes
- Others
Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
Table of Content
Industry Major Market Players
- AGT
- GCP
- Imerys
- Focus Graphite Block
- Mersen
- Superior Graphite Block
- RS Mines
- Bora Bora Resources
- Qingdao Ruisheng
- Lomiko Metals
- Beijing Sanye
- Shenzhen Jinzhaohe
- Qingdao Huatai
- AoYu Graphite Block
- Cable Consultants
- Alabama Graphite Block
- Northern Graphite Block
- CCGG
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