Persistence Market Research

Synthetic Graphite Market to Register Substantial Expansion by 2026

The Synthetic Graphite Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies


New York, NY -- (SBWIRE) -- 03/08/2017 -- Synthetic Graphite Market: Market Dynamics

The major producers of Synthetic Graphite are based in Asia, North America & Europe, owing to the established petrochemical refineries in the respective regions. The market is a competitive type in terms of pricing. Of these, China is the major producer which caters to its large sized domestic market and also is the leading international exporter. The nation whose production costs has increased due to domestic labor, environmental compliance process etc. is currently emphasizing on sale of value added products making it better placed than the other geographic regions. The market is currently witnessing low-demand, high supply pattern, which is expected to change with respect to increase in demand from North American, South East Asian & European industries.

Synthetic Graphite Market Outlook: Drivers and Restraints

In spite of the high cost of Synthetic Graphite compared to The Natural Type, the product has its acceptance especially from battery & energy devices sector due to the reason that Synthetic Graphite is more durable material than its counterpart. The burgeoning smart phone market as well as battery segment will call for a rich demand of Synthetic Graphite. Industries involving indirect use of synthetic graphite such as sports equipment, automotive & aerospace too will act as a driver for the market. The emergence of Electric Cars Segment would provide an opportunity for market expansion exclusively in form of battery grade graphite. On the other side, the cost advantage of Natural Graphite can act as a deterrent to consumption of Synthetic Graphite. The sluggish steel industry at present also is a restraining factor for the Synthetic Graphite market.

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Synthetic Graphite Market: Key Players

The Key Players involved in manufacturing & production of Synthetic Graphite are BTR New Energy Materials INC. Mersen, Asbury Carbons, XRD Graphite Manufacturing Co., Ltd., Lianyungang Jinli Carbon Co., Ltd., Qingdao Kropfmuehl Graphite Co., Ltd., BaoFeng JieShi Carbon Material Co. Canada Carbon Inc., IMERYS Graphite & Carbon Switzerland Ltd, apart from other existing local and regional manufacturers of the respective regions.

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