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Carbon and Graphite Market Major Players And Forecast by Fact MR

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The carbon and graphite market (カーボンおよびグラファイト市場) is projected to witness a steady growth rate, with a compound annual growth rate (CAGR) of 5.9%. This growth is expected to propel the market from its present value of US$ 18 billion to reach US$ 32 billion by t

The carbon and graphite market (カーボンおよびグラファイト市場) is projected to witness a steady growth rate, with a compound annual growth rate (CAGR) of 5.9%. This growth is expected to propel the market from its present value of US$ 18 billion to reach US$ 32 billion by the conclusion of the year 2033.

The Carbon and graphite market research report provides valuable insights into products, markets, customers, competitors, and marketing strategies, guiding firms in the right direction. It offers useful suggestions to help products stand out in a competitive market. Through quantitative and qualitative analysis of market drivers and inhibitors, the study provides accurate information to end users. It also defines market parameters, classifications, applications, and engagements, offering projections for the Carbon and graphite market's performance in the future.

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Market Dynamics:

The global carbon and graphite market is witnessing steady growth, primarily driven by increasing demand from key end-use industries such as automotive, aerospace, and electronics. Carbon and graphite materials are prized for their unique combination of properties, including high thermal conductivity, low coefficient of thermal expansion, and excellent lubricating properties.

One of the key drivers of market growth is the rising demand for electric vehicles (EVs). Carbon and graphite materials are essential components in EV batteries and fuel cells, where they are used as conductive additives. With the automotive industry increasingly shifting towards electrification, the demand for carbon and graphite is expected to surge in the coming years.

Another significant factor driving market growth is the increasing use of carbon and graphite in the aerospace industry. These materials are used in aircraft components such as brakes, clutches, and heat shields due to their lightweight and high-strength properties. With the aerospace industry expanding, especially in emerging markets, the demand for carbon and graphite is projected to rise.

Market Future Outlook:

The future outlook for the carbon and graphite market (탄소 및 흑연 시장) looks promising, with several growth opportunities on the horizon. The market is expected to be driven by the growing adoption of carbon and graphite materials in emerging applications such as energy storage, where they are used in supercapacitors and other advanced battery technologies.

Moreover, advancements in manufacturing technologies, such as 3D printing, are expected to open up new avenues for growth in the carbon and graphite market. 3D printing allows for the rapid and cost-effective production of complex carbon and graphite components, making them more accessible to a wider range of industries.

Market Insights:

The carbon and graphite market is highly fragmented, with a large number of small and medium-sized manufacturers operating globally. The market is characterized by intense competition, with companies focusing on product innovation and development to gain a competitive edge.

Asia Pacific is the largest market for carbon and graphite, accounting for a significant share of the global market. The region's dominance can be attributed to the presence of a large number of manufacturing industries, especially in China and India, which are major consumers of carbon and graphite materials.

Key Players:

  • Cabot Corporation 
  • Mitsubishi Chemical Holdings Corporation 
  • Solvay SA 
  • GrafTech International Holdings Inc 
  • Mersen S.A,
  • HEG Ltd 
  • Mitsubishi Chemical Carbon Fiber and Composites, Inc
  • Hexcel Corporation 
  • Morgan Advanced Materials Plc 

Competitive Landscape:

Prominent players in the carbon and graphite market (marché du carbone et du graphite) are actively expanding their global presence by entering emerging markets to establish mining operations and manufacturing facilities, with the aim of reducing capital expenditures (CapEx) and operational costs, while simultaneously enhancing profitability.

In addition, a number of start-ups are entering the market with innovative product offerings.

One such start-up, Battrion, based in Switzerland, has developed the proprietary Aligned Graphite® technology for advanced lithium-ion batteries. This technology facilitates the consistent alignment of graphite molecules within a negative electrode, resulting in shorter diffusion routes and enabling faster charging and improved safety.

BlackEarth Minerals has recently entered into an agreement with Metachem Manufacturing to establish an expandable graphite facility in India. The proposed facility will initially have a capacity of 2,000-2,500 tons per year, with the potential for expansion to 4,000 tons per year in the future.

Betterray New Material Technology Co., Ltd., a wholly-owned subsidiary of Betterray Group, celebrated the first phase of its lithium-ion battery anode material project in June 2021. This project is expected to produce 50,000 tons per year.

SGL Carbon secured €42.9 million in IPCEI funding in March 2021 for its graphite anode products in lithium-ion batteries. The aim of the SGL Carbon project is to position breakthrough anode materials as a crucial value-added component in the field of electromobility in Europe.

Mason Graphite Inc. established a joint venture called Black Swan Graphene with Thomas Swan Co & Limited in March 2021. Through this collaboration, Mason Graphite will be able to leverage Thomas Swan's expertise in graphene processing technology.

Northern Graphite Corporation entered into a binding purchase and sale agreement in March 2021 to acquire 100% control of Quebec's Lac des Iles graphite mine and Namibia's Okanjande graphite mine. This strategic move will make the company the sole North American and the third-largest non-Chinese graphite producer.

Key Segments of Carbon and Graphite Industry Research

  • By Product Type :
    • Carbon & Graphite Electrodes
    • Carbon & Graphite Fibers
    • Carbon & Graphite Powders
    • Other Product Types
  • By Region :
    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

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