DUBLIN--(BUSINESS WIRE)--The "Carbon and Graphite - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
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.
Key Topics Covered:
I. METHODOLOGY
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
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- 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
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/x47ziw
