The global synthetic graphite market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period. The growing crude steel production across the world is expected to affect the usage of synthetic graphite in metallurgical applications. According to the World Steel Association, the world crude steel production increased from 1,538 million tons in 2010 to 1,864.0 million tons for the year 2020. China’s government is also working on creating environmentally-friendly steel production methods, and it recently established a goal of generating 20% of the country’s steel through electric arc furnaces by 2020. According to World Steel Association, crude steel production in China has reached 1,053.0 million tonnes in 2020 witnessing a rise of around 5.2% compared to 2019.
Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in January 2021, Imerys Graphite & Carbon company has developed two new primary synthetic graphite’s KS6L and SFG6L. These product developments help to increase the company’s product portfolio and are the example of the highest standard of quality and purity responding to their customer needs. Additionally, with this Imerys Graphite & Carbon offers highly dedicated and competent technical services.
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Market Coverage
- The market number available for – 2021-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Type
- y Application
Regions Covered
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- GrafTech International, SHOWA DENKO K.K., Beiterui New Material Group Co. Ltd, Lianyungang Jinli Carbon Co. Ltd, Shanshan Technology.
Synthetic Graphite Market Report by Segment
By Type
- Graphite Anode
- Graphite Block
- Other Types
By Application
- Metallurgy
- Parts and Components
- Batteries
- Nuclear
- Others
A full Report of Synthetic Graphite Market is Available @ https://www.omrglobal.com/industry-reports/synthetic-graphite-market
Synthetic Graphite Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Asbury Carbons
- Beiterui New Material Group Co. Ltd
- Shanshan Technology
- Shenzhen Sinuo Industrial Development Co. Ltd
- Mitsubishi Chemical Corporation
- Imerys Graphite & Carbon
- Mersen Corporate Services SAS
- Graphit Kropfmhl GmbH
- Shamokin Carbons
- Showa Denko K.K.
- Jiangxi Zichen Technology Co. Ltd
- GrafTech International
- Lianyungang Jinli Carbon Co. Ltd
- Nippon Carbon Co. Ltd
- Graphite India Limited
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