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Graphite Materials Market

Graphite Anode Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021-2031

COVID-19 Impact on Graphite Anode Market

  • During the pandemic, various manufacturing and production facilities such as batteries, steel plants, and other components production were shut down for a long period. Slowdown in battery and traditional end-markets led to a reduction in demand for flake graphite.

Key Drivers and Restraints of Graphite Anode Market

  • Graphite is a highly important anode material for the production of lithium-ion batteries. Whether an electric car, smartphone or laptop, lithium-ion batteries are usually used for supply of power. Therefore, the demand for graphite is expected to increase and consequently the market is projected to expand during the forecast period.
  • Awareness about environmental stability and safety is rising among consumers, which in turn is projected to significantly fuel the graphite anode market during the forecast period

Graphite Anode Market: Material Segment

  • In terms of product type, the global graphite anode market can be segmented into natural graphite flakes, amorphous, veins, and synthetic graphite.
  • Natural graphite is important anode material in lithium-ion batteries. Raw natural graphite flakes are rolled into spheres by impact milling and then coated with carbon by thermal vapor decomposition (TVD) in order to improve its electrochemical properties. Natural graphite is widely used for refractories, batteries, steelmaking, expanded graphite, brake linings, foundry facings, and lubricants.
  • Synthetic graphite, the starting point, is a highly aromatic petroleum or coal-based residue. The residue is thermally treated through successive steps to create a carbonaceous material called coke, which at that stage possesses a mostly amorphous carbon structure.

Graphite Anode: End-use Segment

  • Based on end-use, the global graphite anode market can be classified into consumer electronics, automotive, industrial, and others
  • Increasing awareness regarding carbon emissions and depleting fossil fuel reserves is prompting governments around the world to offer support for adoption of electric vehicles. Therefore, the graphite anode market is estimated to expand during the forecast period owing to an increase in sales of passenger cars and commercial vehicles. This, in turn, is driving the demand for graphite anode in the automotive industry.

Asia Pacific to Hold Leading Share of Global Graphite Anode Market

  • Increased demand for conductors, graphite electrodes, and batteries, along with carbon fiber-protected plastic, is projected to boost the market. Presently, Asia Pacific holds a prominent share of the global market, in terms of revenue. Europe holds the second-largest share of the global market. Rise in demand for batteries and other electrical devices that include graphite from countries in Europe is estimated to propel the demand for graphite anode material.
  • Countries such as Germany and the U.K., are currently focusing on emerging EVs that are powered by li-ion batteries, which require graphite

Key Manufacturers Operating in Graphite Anode Market

  • Major players in the global graphite market include
  • GrafTech International Ltd.,
  • Syrah Resources Ltd.,
  • Graphite India Ltd.,
  • Tokai Carbon Co. Ltd.,
  • Shanshan Corporation,
  • Qingdao Guangxing Electronic Materials Co. Ltd.,
  • Fangda Carbon New Material Technology Co. Ltd.

Graphite Anode Market: Research Scope

Graphite Anode Market, by Material

  • Natural Graphite
  • Synthetic Graphite
  • Flakes
  • Others

Graphite Anode Market, by End-use

  • Automotive
  • Consumer electronics
  • Industrial

Global Graphite Anode Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Graphite Anode: Introduction

  • Graphite is an allotrope of carbon, which has high electrical conductivity. It is a highly stable allotrope of carbon under standard conditions. Graphite is the only non-metallic conductor of electricity.
  • Graphite is also a key component of lithium-ion batteries. It possess relatively low-cost and energy density; it is chemically stable and has good electrical conductivity and affordable cost. Moreover, graphite is readily available. Consequently, graphite anodes are utilized on underground pipelines and storage tanks as a cost-effective method to control corrosion.
  • Three main types of graphite utilized are natural, synthetic, and spherical


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