Quadintel published a new report on the Flake Graphite Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Flake Graphite Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2030.
Natural flake graphite is formed when carbon material is subjected to high pressure and high temperature. Flake graphite contains 90-95% of carbon and its size ranges from 50-800 micrometers in diameter and 1-150 micrometers in thickness. Flake form of graphite contains high degree of crystallinity. Flake graphite has applications in different industries such as electric vehicles, manufacturing, and metallurgical industry among others.
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Rising demand for EVs and increasing commercial applications of graphite derivatives as well as growing application of graphite in lithium-ion batteries are driving growth for Flake Graphite Market. For instance, according to International Energy Agency – In 2019, around 2.2 million electric cars were registered globally, which constitutes of around 2.5% of global car sales. Further, in 2021 electric car registration increased to 6.6 million units, representing around 9% of the global car sales in 2021. Moreover, as per Statista – in 2020, the global market for Lithium-ion battery was estimated at USD 40.5 billion and it is projected to grow to USD 92 billion by end of 2026, witnessing Compound annual growth rate of around 14.6 percent. Also, rising consumption of graphite in the automotive sector and increasing industrialization in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, volatile pricing of graphite and stringent regulations towards mining of graphite impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Flake Graphite Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to growing demand for electric vehicles and rising technological advancements in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rising automotive sector and increasing growth of electric and electronics sector in the region, would create lucrative growth prospects for the Flake Graphite Market across the Asia Pacific region.
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Major market players included in this report are:
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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Furthermore, years considered for the study are as follows:
Target Audience of the Global Flake Graphite Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
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The global market is forecast to witness a rapid growth, owing to increasing demand for technological advancements from end-users. Moreover, increasing investments in research and development activities, launches, partnerships, and other strategic initiatives will benefit the market. Furthermore, the growing focus of authorities towards increasing urbanization and industrialization is forecast to drive the market growth.
What aspects regarding the regional analysis Market are included in this report?
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