FEATURED COMPANIES
- Celanese Corporation
- Daicel Corporation
- Eastman Chemical Company
- MORE
Global Carbon and Graphite Market to Reach $19.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Carbon and Graphite estimated at US$14.9 Billion in the year 2020, is projected to reach a revised size of US$19.1 Billion by 2027, growing at a CAGR of 3.6% over the analysis period 2020-2027. Carbon & Graphite Electrodes, one of the segments analyzed in the report, is projected to record a 2.3% CAGR and reach US$8.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Carbon & Graphite Fibers segment is readjusted to a revised 7.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4 Billion, While China is Forecast to Grow at 6.4% CAGR
The Carbon and Graphite market in the U.S. is estimated at US$4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.
Carbon & Graphite Powder Segment to Record 1.5% CAGR
In the global Carbon & Graphite Powder segment, USA, Canada, Japan, China and Europe will drive the 1.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$988.3 Million in the year 2020 will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.7 Billion by the year 2027, while Latin America will expand at a 2.2% CAGR through the analysis period.
Select Competitors (Total 121 Featured):
Amid the COVID-19 crisis, the global market for Carbon and Graphite estimated at US$14.9 Billion in the year 2020, is projected to reach a revised size of US$19.1 Billion by 2027, growing at a CAGR of 3.6% over the analysis period 2020-2027. Carbon & Graphite Electrodes, one of the segments analyzed in the report, is projected to record a 2.3% CAGR and reach US$8.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Carbon & Graphite Fibers segment is readjusted to a revised 7.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4 Billion, While China is Forecast to Grow at 6.4% CAGR
The Carbon and Graphite market in the U.S. is estimated at US$4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.
Carbon & Graphite Powder Segment to Record 1.5% CAGR
In the global Carbon & Graphite Powder segment, USA, Canada, Japan, China and Europe will drive the 1.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$988.3 Million in the year 2020 will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.7 Billion by the year 2027, while Latin America will expand at a 2.2% CAGR through the analysis period.
Select Competitors (Total 121 Featured):
- Celanese Corporation
- Daicel Corporation
- Eastman Chemical Company
- Mitsubishi Chemical Corporation
- Sichuan Push Acetati Co., Ltd.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Celanese Corporation
- Daicel Corporation
- Eastman Chemical Company
- MORE
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
III. MARKET ANALYSIS
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- End-use Industry Dynamics Set the Growth Trend in Carbon & Graphite Market
- Recent Market Activity
- Current and Future Analysis
- Asia-Pacific Continues to Dominate C&G Products Consumption
- Positive Economic Outlook Bodes Well for Carbon & Graphite Market
- Global GDP Performance & Market Outlook
- Improving Economy Buoys General Market Optimism
- Graphite
- Graphite Application by Type
- Energy Markets and Automotive & Aerospace Sectors Promise Growth
- Global Supply Shortage: Key Constraint to the Graphite Electrode Market
- Synthetic Graphite - Specialized Applications Foster Production Volume
- Graphite Reserves & Production Scenario
- China - The World’s Largest Graphite Producer
- China Loses Ground in Graphite Production Landscape
- Rise in Flake Graphite Prices
- Investor Attention Shifts to Non-Chinese Graphite Companies
- Low Quality - A Major Problem with Chinese Graphite Ore
- Natural Graphite Production in North America
- New Mines to Come Online in African Countries
- New Graphite Electrode Projects Outside China
- Syrah Resources - Flagship Balama Project
- Battery Minerals - Montepuez & Balama Central
- Graphex - Chilalo Project
- Other Select Pipeline Projects
- Flake Graphite: The Major Type of Natural Graphite Produced
- Brazil - Another Key Producer
- Demand Rises for Higher Quality Graphite
- Cabot Corporation (USA)
- Solvay SA (Belgium)
- GrafTech International Holdings Inc. (USA)
- HEG Ltd. (India)
- Hexcel Corporation (USA)
- Mersen S.A. (France)
- Mitsubishi Chemical Holdings Corporation (Japan)
- Mitsubishi Chemical Carbon Fiber and Composites (MCCFC) (USA)
- Morgan Advanced Materials plc. (UK)
- Nippon Carbon Co., Ltd. (Japan)
- Orion Engineered Carbons LLC (USA)
- SGL Group - The Carbon Company (Germany)
- Showa Denko K.K (Japan)
- Showa Denko Carbon, Inc. (USA)
- Superior Graphite (USA)
- Teijin Ltd. (Japan)
- Tokai Carbon Co., Ltd. (Japan)
- Toray Industries, Inc. (Japan)
- ZOLTEK™ Carbon Fiber (USA)
- High-tech Applications to Drive Growth in the Natural Graphite Market
- Emerging End-Use Applications to Spearhead Demand for Natural Graphite
- Refractories: A Major End-Use Market for Natural Graphite
- Refractory Manufacturers to Invest in Graphite Mines to Tackle Rising Graphite Prices
- Promising Growth from Expanding Energy Storage Applications of Graphite
- Natural & Synthetic Graphite Variants Vie for a Share of the Lucrative Batteries Market
- Graphite in Li-Ion Batteries: Positive Outlook Riding on Increasing Sales of Cars & Electronic Devices
- Increasing Use of Li-ion Batteries in PorTable Electronic Devices to Foster Demand for Graphite
- Shift towards Eco-friendly Electric Vehicles to Propel Demand for Graphite-Using Li-Ion Batteries
- Establishment of Megafactories for Mass Production of Batteries to Fuel Graphite Consumption
- Diminishing Prospects in Steelmaking & Refractories Sectors Pushes to Focus on Graphite-Using Batteries Market
- Innovations in the Batteries Space
- High Significance of Carbon & Graphite in Photovoltaic Industry
- Fuel Cells: PEM Technology Offers Promise for Graphite
- A Glance at Graphite Usage in Fuel Cells & Batteries
- Trends in EAF Steel Production - A Key Factor Dictating Demand for Graphite Electrodes
- World Steel Production - A Glance at Key Statistics
- Increasing Aluminum Production Provides Foundation for Electrodes Growth
- Competitor Landscape
- Nuclear Power: An Opportune Application Market for Carbon & Graphite
- Focus on Developing Smaller Pebble Bed Nuclear Reactors to Propel Use of Graphite
- Carbon Fiber
- Carbon Fiber Market Capitalizes on the Rising Demand for Lightweight Components
- Aerospace & Defense - An IneviTable Market for Carbon Fibers
- Carbon Fiber All Set to Replace Steel in Automotive Industry
- Carbon Fibers Find Broader Adoption in Automotive Industry
- Strong Demand for Lightweight Vehicles Impels Growth
- Burgeoning Wind Energy Sector - A Fast Growing Market for Carbon Fibers
- Sports Goods: Rising Potential for Carbon Fiber Usage
- Carbon Fiber Composites Market: Steady Growth Prospects
- The Dominance of Japan and US in the Carbon Fiber Market
- Competition
- US Eyes the Lucrative Carbon Fiber Market by Investing Heavily in R&D
- Activated Carbon
- Activated Carbon Market Heading for Strong Gains
- Water Treatment and Purification - The Largest and Fastest Growing End-Use Segment
- Air Purification to Drive Future Growth
- The United States - A Major Market for Activated Carbon
- Competitive Scenario
- Market Outlook
- Carbon Black
- Global Market for Carbon Black - An Overview
- Graphene
- Graphene: A Material with Enormous Potential
- As Hype Subsides, Players Focus on Allaying Concerns over Commercialization Potential of Graphene
- Carbon Nanotubes
- Carbon Nanotubes Market to Experience Impressive Growth
- Expandable Graphite
- Flame-retardant Regulations for New Buildings Drive Demand for Expandable Graphite
III. MARKET ANALYSIS
- UNITED STATES
- CANADA
- JAPAN
- CHINA
- EUROPE
- FRANCE
- GERMANY
- ITALY
- UNITED KINGDOM
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA-PACIFIC
- AUSTRALIA
- INDIA
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- ARGENTINA
- BRAZIL
- MEXICO
- REST OF LATIN AMERICA
- MIDDLE EAST
- IRAN
- ISRAEL
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- AFRICA
- Total Companies Profiled: 121
Note: Product cover images may vary from those shown
- Celanese Corporation
- Daicel Corporation
- Eastman Chemical Company
- Mitsubishi Chemical Corporation
- Sichuan Push Acetati Co. Ltd.
Note: Product cover images may vary from those shown
