Overview
Carbon Graphite Market is
forecast to reach $20.86 billion by 2025, after growing at a CAGR of 5.40% during
2020-2025. Carbon graphite is used as one of the main materials for susceptors
in chemical vapor deposition (CVD) processes due to its thermal stability, high
electrical conductivity and the ability to easily shape almost any form. Extruded
graphite is produced in an extrusion process. In contrast to isostatic
graphite, extruded graphite has a coarser grain size and a lower strength but higher
thermal and electrical conductivity. The global carbon graphite market has
witnessed significant growth during the forecast period due to the expansion of the industrial sector and increase in usage of carbon graphite in metallurgy
activities.
Report Coverage
The report: “Carbon Graphite Market – Forecast (2020-2025)”, by IndustryARC, covers
an in-depth analysis of the following segments of the Carbon Graphite Market.
Key Takeaways
- The growth in the refractories manufacturing industries led to an increased demand for carbon graphite. Carbon graphite is used in the production of refractory bricks such as magnesia-carbon (MgO-C) refractory bricks, ladles, crucibles, and molds for containing molten metals.
- Graphite mining companies are considering increasing the production of graphite to cater to the increase in demand for graphene batteries which is a major growth factor of the carbon-graphite market.
- The use of underground-drones to build three-dimensional (3D) maps for mine plans is gaining popularity in the carbon graphite industry.
- Environmental regulations imposed by governments globally to decrease carbon emissions and meet environmental targets proved to be a restraint on the carbon graphite market.
By
Product Type - Segment Analysis
Carbon graphite electrode segment
held a significant share of the carbon-graphite market in 2019. Carbon graphite
electrodes are primarily used in electric arc furnace and steel manufacturing
as they provide high levels of electrical conductivity and capability of
sustaining heat generated at extremely high levels. The market for carbon
graphite electrodes is expected to grow during the forecast period as they are
also used in the refinement of steel and similar smelting processes.
By Application - Segment Analysis
Industrial segment held a
significant share in the carbon graphite market in 2019. Carbon graphite has high
refractory qualities and is a good conductor of electricity, meaning it stands
up well to high temperatures and wears. Because of this, carbon graphite is
widely used for industrial purposes as flake graphite which is used to
manufacture carbon electrodes, dry-cell batteries, brushes, and plates in the
electrical industry. Because of carbon
graphite self-lubricating and dry lubricating properties, it is widely used in
industrial applications and hence driving the carbon graphite market.
Geography - Segment Analysis
Asia Pacific dominated
the carbon graphite market with a share of more than 40% during the forecast
period. In various countries such as China and India, high investments are
being made for industrial growth and infrastructure development. Furthermore,
expansion of the industrial sector, especially in Asia Pacific is anticipated
to drive the carbon graphite market during the forecast period.
China is one
of the largest producers of carbon graphite, accounting for a major share of
global production. China’s Ministry of Industry and Information Technology
(MIIT) published a document entitled ‘Graphite Industry Access Conditions’ which
includes government regulations and plans on the treatment of graphite. The
document considers graphite to be a rare earth mineral and suggests steps to
regulate the market. China is likely to have a prominent share in the graphite
market throughout the forecast period.
Drivers – Carbon Graphite Market
·
Demand for
carbon graphite from the lithium-ion battery industry
Carbon graphite is majorly used
as an anode material in lithium-ion batteries, which is a major factor
contributing to the growth of the carbon-graphite industry is the expansion of
lithium-ion battery industry. The factors responsible for the growth of carbon
graphite market is rapidly maturing electric vehicle industry inception of the
utility storage market. Moreover, increasing investments and expansions by the
market players is likely to contribute for the growth of carbon graphite
market. For instance, Tesla has constructed lithium-ion factory in Nevada, U.S.,
with a production capacity of 35 GWh. This plant is expected to be operational
by 2020.
Challenges – Carbon Graphite Market
·
Increasing
prices
Carbon graphite prices mainly
depend on two factors which are flake size and purity. According to Statista,
in 2016, the price for large graphite flakes is expected to reach 996 U.S.
dollars per metric ton. Until 2020, the price for this flake grade was expected
to increase to 1,165 dollars per metric ton. Due to an increase in prices, the market for carbon graphite is likely to decrease.
Market Landscape
Technology launches, acquisitions, and R&D
activities are key strategies adopted by players in the carbon graphite market. In 2019, the market for carbon
graphite has been consolidated
by the top five players accounting for xx% of the carbon-graphite market share.
Major top 10 companies of carbon graphite market are Cabot Corporation, Cytec, Solvay
Group, Hexcel Corporation, Mersen S.A., HEG Ltd., Mitsubishi Rayon Co. Ltd.,
Nippon Carbon Co. Ltd., Toray Industries Inc. and Tokai Carbon Co. Ltd. among
others.
Acquisitions/
Expansion
Ø In 2019, LG Chem, a South
Korea-based company planned to open Europe’s largest lithium-ion battery in
Poland that uses graphite as a raw material.
Ø In July 2018, Tokai Carbon
acquired Sid Richardson Carbon and its affiliated companies at a transaction
value of USD$308 million. With this acquisition, Tokai established its major
presence in the North American market, as Sid Richardson Carbon is the largest
carbon black producer in the United States.
Ø In October 2017, SHOWA DENKO K.K. acquired SGL GE Holding GmbH, a graphite electrode production company, which operates as a subsidiary of SDK now.
1.1 Definitions and Scope
2. Carbon Graphite Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Carbon Graphite Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Carbon Graphite Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Carbon Graphite Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Carbon Graphite Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Carbon Graphite Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Carbon Graphite Market - By Product Type (Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
8.3.1 Carbon Graphite Electrode
8.3.2 Carbon Graphite Fiber
8.3.3 Carbon Graphite Powder
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
11. Carbon Graphite- By Geography (Market Size -$Million / $Billion)
11.1 Carbon Graphite Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Carbon Graphite- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Carbon Graphite- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Carbon Graphite - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong Kong
11.8.5.9 Rest of APAC
11.9 Carbon Graphite - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Carbon Graphite Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Carbon Graphite Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Carbon Graphite Market - Key Company List by Country Premium
15. Carbon Graphite Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Cabot Corporation
15.3 Cytec
15.4 Heg Ltd
15.5 Hexcel Corporation
15.6 Mersen S A
15.7 Mitsubishi Rayon Co Ltd
15.8 Nippon Carbon Co Ltd
15.9 Solvay Group
15.10 Tokai Carbon Co Ltd
15.11 Toray Industry Inc
15.12 Company 11
15.13 Company 12 & More
16.1 Abbreviations
16.2 Sources
17. Carbon Graphite Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends