Flake graphite market size is valued at USD 313.42 billion by 2028 and is expected to grow at a rate of 1.10% for the forecast period of 2021 to 2028.
The Global Flake Graphite Market report brings into light key market dynamics of the sector. This intelligence report includes investigations based on Current scenarios, Historical records, and Future predictions. The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, diagrams, graphs, pie charts, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. It presents the 360-degree overview of the competitive landscape of the industries. Flake Graphite Market is showing steady growth and CAGR is expected to improve during the forecast period.
The flake graphite market is anticipated to witness tremendous growth in the forecast period which is attributed to the increasing demand for electric vehicles, opening of new graphite mines which is expected to guarantee secure and strong supply, increasing commercial applications of graphene (prepared from graphite), and rising demand for energy storage. Also the various graphite mining companies are considering increasing the production of graphite to cater to the rise in demand of graphene batteries which is also boosting scope for flake graphite application and is acting as a key determinant favoring the growth of the market over the forecast period of 2021 to 2028. The major factors accountable for the growth of the market are increasing application of graphite in the wind energy industry, rising demand of graphite for lithium-ion batteries and fuel cells and rising use of graphite in the manufacturing of structural composite parts. Beside this, the high use of underground-drones to build three-dimensional (3D) maps for mine plans is gaining popularity in the graphite industry which is also helping the market to grow. Furthermore, the increasing growth in the usage in the green technologies and rising R&D activities are also raising the flake graphite market growth. In addition, graphite is a significant material used in gaskets, clutch materials, motors, exhaust systems and cylinder heads of automobiles. Moreover, demand for graphite is predicted to witness high growth over the forecast period due to surging construction industry.
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The major players covered in the flake graphite market report are GrafTech International, Tokai Carbon Co. Ltd., Graphite India Limited, HEG Limited, Focus Graphite Inc., Mersen, Hexagon Energy Materials Limited, NextSource Materials, Inc., ECOGRAF, Toyo Tanso Co. Ltd., Triton Minerals Ltd., par Mason Graphite, KAIYU INDUSTRIAL (HK) LIMITED, CHINA CARBON GRAPHITE INC., Elcora Advanced Materials Corp, Flinders Mines Limited, Qingdao Xinghe Graphite Co., Ltd., Northern Graphite, Syrah Resources Limited and SGL Carbon among other domestic and global players.
Global Flake Graphite Market report provides you with detailed insights, industry knowledge, market forecasts and analytics. The report on the global Flake Graphite industry also clarifies economic risks and environmental compliance. Global Flake Graphite market report assists industry enthusiasts including investors and decision makers to make confident capital investments, develop strategies, optimize their business portfolio, innovate successfully and perform safely and sustainably.
Flake graphite market is segmented on the basis of flake size, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
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Flake Graphite Market: Regional Analysis Includes:
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