DUBLIN--(BUSINESS WIRE)--ResearchAndMarkets.com has added the "Carbon and Graphite-Global Market Trajectory and Analysis" report to the products of ResearchAndMarkets.com.

During the COVID-19 crisis, the global carbon and graphite market is estimated at US$14.9 billion in 2020 and is expected to reach a revised US$19.1 billion by 2027, growing at a compound annual growth rate of 3.6% during the 2020 analysis period-2027 .

Carbon and graphite electrodes are one of the market segments analyzed in the report, and it is expected that by the end of the analysis period, the compound annual growth rate will reach 2.3%, reaching 8.2 billion US dollars. After an early analysis of the business impact of the pandemic and the economic crisis it triggered, the growth of the carbon and graphite fiber sector was re-adjusted to a revised compound annual growth rate of 7.2% for the next 7 years.

The U.S. market is estimated at US$4 billion, while China is expected to grow at a CAGR of 6.4%

The U.S. carbon and graphite market is estimated at 4 billion U.S. dollars in 2020. China is the second largest economy in the world. It is estimated that by 2027, the market size is expected to reach US$4 billion, with a compound annual growth rate of 6.4% during the analysis period from 2020 to 2027. Other notable geographic markets include Japan and Canada, which are expected to grow by 1.1% and 2.7% respectively between 2020 and 2027. In Europe, Germany is expected to grow at a compound annual growth rate of approximately 1.8%.

The compound annual growth rate of the carbon and graphite powder market segment is 1.5%

In the global carbon and graphite powder market segment, the United States, Canada, Japan, China and Europe will drive the segment’s expected compound annual growth rate of 1.1%. The total market size of these regional markets in 2020 is US$988.3 million, and by the end of the analysis period, it is expected that the size will reach US$1.1 billion. China will remain one of the fastest growing countries in this regional market cluster. Driven by countries such as Australia, India, and South Korea, the Asia-Pacific market is expected to reach US$2.7 billion by 2027, while Latin America will grow at a compound annual growth rate of 2.2% during the analysis period.

For more information about this report, please visit https://www.researchandmarkets.com/r/x47ziw

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900