Global Graphite Market - Segmented by Type, Application, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4602250
  • Report
  • Region: Global
  • 120 pages
  • Mordor Intelligence
until Dec 31st 2018
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  • Asbury Carbons
  • Focus Graphite Inc.
  • HEG Limited
  • Mason Graphite Inc.
  • SGL Group
  • Toyo Tanso Co. Ltd.
  • MORE
The graphite market is expected to grow at a significant rate during the forecast period, majorly driven by the augmenting demand from burgeoning lithium-ion battery industry. Graphite is flexible in nature and has both non-metallic and metallic properties, which makes it appropriate for a diverse range of industrial applications. The metallic properties include electrical and thermal conductivity, while the non-metallic properties of graphite include high thermal resistance, chemical inertness, and lubricity.

Augmenting Demand from Lithium-ion Battery Industry

Uncoated spherical graphite, coated spherical graphite (CSPG) and lithium-ion anode paste are imperative as anode material in lithium ion batteries for mobile consumer appliances, electric vehicles and stationary energy storages. The three main demand drivers for CSPG include transportation batteries (significant growth), stationary or commercial or utility grid-storage batteries (exponential growth), and consumer electronics batteries (moderate growth).

The current consumption for Li-ion batteries is 105,000 tons (60,000 natural CSPG and 45,000 synthetic). As there is no CSPG production in North America, two United States based graphite companies, Graphite One and Alabama Graphite have included facilities for turning graphite concentrate into coated, purified, spherical graphite (also known as CPSG) in order to capture the fast growing lithium ion battery market. Hence, with such boom in the lithium-ion battery industry, the demand for graphite is projected to increase substantially during the forecast period.

Electronics Industry to Dominate the Market

The applications of graphite products in the electronics industry include the manufacturing of silicon semiconductor, LED chips, lithium-ion batteries and LCD panels. They are used in electronics industry as the processes involved to manufacturer components involve high temperature and corrosive environment while these graphites are impressively heat and corrosion resistant. Graphite is mostly used in the semiconductor and LED industry for polysilicon production. The products made from graphite include cleaned electrodes for polysilicon separation, heat shields, thermal insulation components and gas ducts for converters.

Asia-Pacific to Dominate the Market Growth

Asia-Pacific is the largest market for graphite, accounting for over 40% of the global market in 2017. The growth of the graphite market in Asia-Pacific is primarily due to the growth of its end-user industries, such as electronics, foundry, and photovoltaic in countries, like China, India, Japan, and South Korea. China has one of the largest markets for semiconductor industry and registered a growth of 19.4% in 2016 and almost 20.0% in 2017. According to the Associated Chambers of Commerce of India (ASSOCHAM), the Indian electronics industry is expected to reach USD 112-130 billion at the end of 2018 due to the increase of their electronics-manufacturing base. The growth of these industries is expected during the forecast period (2018-2023), which is simultaneously boosting the market for graphite.

Key Developments in the Market

January 2018: SGL Group decided to invest approx. EUR 25 million in expanding its production capacities at the Bonn site over four years, including not only new production systems, but also a new hall

Major Players: Toyo Tanso Co. Ltd., Graftech International, Tokai Carbon Co. Ltd., SGL Group, The Carbon Company, and Graphite India Ltd., among others.

Reasons to Purchase this Report
  • Identify the current and trends in the global graphite market in the developed and emerging markets
  • Analyze various perspectives of the market with the help of Porter’s five forces analysis
  • Information about the segment that is expected to dominate the market
  • Identify the regions that is expected to witness fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in excel)
Customization of the Report

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Note: Product cover images may vary from those shown
2 of 5


  • Asbury Carbons
  • Focus Graphite Inc.
  • HEG Limited
  • Mason Graphite Inc.
  • SGL Group
  • Toyo Tanso Co. Ltd.
  • MORE
1. Introduction
1.1 Scope of the Report
1.2 Market Definition
1.3 Study Assumptions
1.4 Study Deliverables
1.5 Research Phases

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition

4. Market Dynamics
4.1 Drivers
4.1.1 Augmenting Demand from Burgeoning Lithium-ion Battery Industry
4.1.2 Increasing Use of Graphite in the Wind Energy Industry
4.2 Restraints
4.2.1 Tightened Supplies of Graphite Electrodes by China
4.2.2 Other Restraints
4.3 Opportunities
4.3.1 Growing Usage of Graphite in Green Technologies
4.3.2 Other Opportunities

5. Market Segmentation and Analysis (Market Size, Growth and Forecast)
5.1 By Type
5.1.1 Natural Graphite
5.1.2 Synthetic Graphite
5.2 By Application
5.2.1 Lubrication
5.2.2 Refractories
5.2.3 Batteries
5.2.4 Foundry
5.2.5 Others
5.3 By End-user Industry
5.3.1 Electronics
5.3.2 Metallurgy
5.3.3 Others

6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 Italy
6.3.4 France
6.3.5 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa

7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players

8. Company Profiles (Overview, Financials**, Products & Services and Recent Developments)
8.1 Asbury Carbons
8.2 Energizer Resources Inc.
8.3 Focus Graphite Inc.
8.4 Graftech International Ltd.
8.5 Graphite India Limited
8.6 HEG Limited
8.7 Hexagon Resources Limited
8.8 Mason Graphite, Inc.
8.9 Mersen Group
8.10 SGL Group
8.11 Tokai Carbon Co. Ltd.
8.12 Toyo Tanso Co. Ltd.
8.13 Triton Minerals Ltd.
*List not exhaustive

9. Disclaimer
**Subject to Availability on Public Domain
Note: Product cover images may vary from those shown
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4 of 5
  • Asbury Carbons
  • Energizer Resources Inc.
  • Focus Graphite Inc.
  • Graftech International Ltd.
  • Graphite India Limited
  • HEG Limited
  • Hexagon Resources Limited
  • Mason Graphite Inc.
  • Mersen Group
  • SGL Group
  • Tokai Carbon Co. Ltd.
  • Toyo Tanso Co. Ltd.
  • Triton Minerals Ltd.
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown