#Expanded Graphite Industry Outlook

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Expanded Graphite Market - Forecast(2025 - 2031)

Expanded Graphite Market Overview

Expanded graphite market size is forecast to reach US$308.2 million by 2027, after growing at a CAGR of 7.8% during 2022-2027. Expanded graphite is layered graphite with interlayer space which is altered. Carbon nanotubes are often employed in combination with expanded graphite as flame retardant additives because they have excellent thermal conductivity, this property is creating a growth opportunity for the market growth. Also, the high thermal property makes expanded graphite ideal for the phase change material application. Moreover, the expanded graphite market is majorly driven by the growth of construction activities across the world, because it is utilized as flame retardant additives in roofing, construction materials, and more. Also, the increasing application of expanded graphite in the electronics industry is expected to fuel the growth of the expanded graphite industry during the forecast period. 

COVID-19 Impact 

In the year 2020, to curb the rising cases of Corona Virus there were increasingly stringent regulations imposed by the major economies of the world. As a result, there was a decline in construction activities across the world. For instance, according to European Construction Industry Federation (FIEC) in Hungary, the construction output fell by 9.1 percent in 2020, totaling €12.2 billion (US$13.82 billion), compared to 2019. Moreover, Australian infrastructure projects such as the Chatswood-Bankstown metro line, the Westconnex motorway, and other projects were halted because of the Covid-19 pandemic. Hence, due to the decline of construction output, there was a decline in the demand for the expanded graphite, this negatively impacted the market growth. Nevertheless, in the year 2021, with the ease of Covid-related regulations, the expanded graphite market growth improved. Furthermore, in the future, the impact of the Covid-19 pandemic will be phased away. This will result in the expanded graphite industry growth scenario as it was before the pre-Covid time.

Report Coverage 

The report: "Expanded Graphite Market Report –Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the Expanded Graphite Industry. 

By Packaging Form: Coil-Form, Gasket Form, Weave Form, and Others. By Carbon Purity:85% to 89%, 90% to 94%, 95% to 99%, and 99.5% to 99.95%. By Application: Fire Retardant Additives, Graphite Foil, Sheet, Gaskets, Bearings, Molded Parts, Refractories, Greases, Atomic Vitality, Roofing, Construction Material, Rubber, Polyolefin Resin, Li-particle Battery, Thermoplastics, and Others. By Application: Building and Construction (Residential, Commercial, Industrial, and Infrastructure Development), Metallurgy,  Paints and Coatings (Industrial Coating, Special Coating, and Others), Automotive (Passenger cars, Light Commercial Vehicles (LCV), and Heavy Commercial Vehicles (HCV)), Chemical and Petrochemical, Power Generation (Electricity Generation, Atomic Energy, and Others), Electronics and Electrical (Semiconductors, Photovoltaic, Transmitters, and Others), Healthcare and Pharmaceuticals, Textile, Water and Wastewater Treatment, and Others. By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East (Saudi Arabia, UAE, Israel, and Rest of Middle East), and Africa (South Africa, Nigeria, and Rest of Africa)). 

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Key Takeaways 

Asia-Pacific region dominated the expanded graphite market, owing to the growing construction activities in the region. For instance, development on the US$4,335 million Zhangzhou Development Zone Shuangyu Island Secondary Development in China started in the 2nd quarter of 2021 and will be finished in the 3rd quarter of 2025. 

The Surging adoption of expanded graphite as a constituent in various applications such as coatings, rubber products, energy storage systems, and more such applications is anticipated to fuel the expanded graphite industry growth during the forecast period. 

Moreover, the expanding use of expanded graphite in automotive components such as gaskets, batteries, and more is driving up the growth of the market. 

However, the high temperature of the expanded graphite makes the handling process difficult, this factor is restricting the market growth. 

Expanded Graphite Market Segment Analysis – By Application 

The fire retardant additives held a significant share in the expanded graphite market in 2021 and is projected to grow at a CAGR of 7.6% during 2022-2027. The expanded graphite has the superior qualities of thermal conductivity which make it ideal for application in the textile industry as well as building and construction activities. Moreover, expanded graphite has beneficial properties such as lightness, resistance to heat, superior corrosion, and other similar properties because of these properties expanded graphite application as a fire-resistant additive is increasing. Thus, the application of expanded graphite as fire-retardant additives is increasing, which is propelling the growth of the expanded graphite market growth. 

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Expanded Graphite Market Segment Analysis – By End-Use Industry 

The building and construction held a significant share in the expanded graphite market in 2021 and is forecasted to grow at a CAGR of 8.3% during 2022-2027. The expanded graphite is an ecologically viable material making it ideal for application in the building and construction sector. Moreover, a tightening of the ban on dangerous fires-resistant materials, such as brominated or asbestos-based fire-resistant materials is anticipated to fuel the growth of expanded graphite materials. The increasing construction activities across the world is projected to bolster market growth. For instance, the increasing commercial building projects such as Kompass district residential and commercial development 2023, 'Gut Miteinander' community center in Jena2022, Jena high-quality offices in a historic setting 2022 are under construction in Germany. Also, as of March 2022, the construction plan has been approved for the Hub office development project in Canada valued at US$300 million, this project is expected to be completed by the end of 2026. In September 2019, construction work started on the city of Toronto Recreational Facilities accessibility upgrades projects in Canada valued at US$150 million, and this project will be completed by the start of 2025. The increase in the construction of such projects is expected to fuel the demand for expanded graphite. Hence, the growing building and construction activities across the world are projected to accelerate the market growth. 

Expanded Graphite Market Segment Analysis – By Geography 

Asia-Pacific held the largest share in the Expanded Graphite market in 2021 up to 41%. The growth of the Asia-Pacific economy is driven by the growth of the major sectors such as building & construction, chemicals, and metallurgy sectors. For instance, as of February 2022, major commercial construction projects in Vietnam such as Tan Son Nhat Airport 3rd Terminal will be completed by mid-2023, Asahi Tower residential area investment project in Ward 16, District 8 will be finished by 2027, and more such projects is expected to fuel the demand for expanded graphite. Moreover, according to Invest India, it has projected that by the year 2025 the chemicals and petrochemical industry of India will be valued at US$300 billion. Moreover, Major Chemical’s production in India climbed by 23.62% to 73.04 lakhs tons in 2021-22 (up to October-2021) from 59.08 lakhs tons in the previous year's similar period. The major Petrochemicals production in India climbed by 11.85% to 257.44 lakhs tons in 2021-22 (up to October-2021) from 230.15 lakhs tons in the previous year's similar period. Additionally, according to the statistics published by the United States Department of Agriculture (USDA), in 2019 the Chinese iron and steel production was 809 million metric tons, and in 2020, it was 830 million metric tons, an increase of 2.6%. Therefore, the growth of construction activities, chemicals, and metallurgy in the Asia-Pacific region is expanding the growth of the market.

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Expanded Graphite Market Drivers 

Growing Chemicals Industry Production 

Expanded graphite is used in numerous high-temperature applications in the chemical industry, such as the manufacturing of phosphorus and calcium carbide in arc furnaces, owing to its superior insulation properties. The growing chemicals and petrochemicals sectors worldwide are expected to propel the demand for expanded graphite, which in turn will drive up the market growth. According to European Chemical Industry Council, in 2020, the Danish chemical industry saw the highest sales, which was Euro5.8 billion (US$6.6 billion), a growth of 6.5% since 2015. Moreover, according to the American Industry Council, in December 2021, the United States produced 7.9 billion pounds of main plastic resins, a 3.9 percent increase over the previous month. In addition, the U.S. Chemical Production Regional Index (U.S. CPRI) increased by 2.2 percent in December after increasing by 0.8 percent in November. Thus, the growing production of chemicals at the global level is expected to drive the growth of the market during the upcoming years. 

Increasing Metallurgy Output 

In the metallurgy industry expanded graphite is utilized during the production of metals such as iron, steel, and more because this graphite has unique electrode properties. The increased production of metals such as iron, steel, manganese, chromium, and others is boosting the need for expanded graphite. According to the United States Department of Agriculture (USDA), total global iron and steel output in 2018 was 1,250 million metric tonnes, and in 2019 it was 1,300 million metric tonnes, a 4% rise. In addition, manganese production in Australia was 3,180 thousand metric tonnes in 2019 and 3,300 thousand metric tonnes in 2020, a 3.8 percent rise. Furthermore, total chromium output worldwide in 2018 was 43,100 thousand metric tonnes, and in 2019 it was 44,000 thousand metric tonnes, a 2.0 percent rise. Thus, the increasing metal production including iron and steel, manganese, chromium, and more is anticipated to fuel the expanded graphite demand, thereby, driving the market growth during the forecast period. 

Expanded Graphite Market Challenges 

Lower Tensile Strength causes Inferior Performance 

Even though expanded graphite sheet is commonly utilized as a sealant, flame retardant additives, and more, it still has several flaws that need to be addressed. The expanded graphite tensile and flexural strength is weaker than other sealing materials, which is a clear drawback. The expanded graphite sheet is not ideal for sealing portions making packing due to its lack of hardness. Moreover, organic solvents are not recommended for exfoliating expanded graphite because of the issues connected with them, such as their high boiling point and toxicity. Hence, these limitations associated with the tensile strength of the expanded graphite is limiting the market growth 

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Expanded Graphite Industry Outlook 

Technology launches, acquisitions, and increased R&D activities are key strategies adopted by players in the expanded graphite market. Expanded graphite top 10 companies include:

GrafTech International 

Nippon Kokuen Group 

Yichang Xincheng Graphite 

Nacional De Grafite 

Asbury Carbons 

Triton Minerals 

SGL Group 

NeoGraf Solutions 

ACS Material 

LKAB Minerals 

Recent Developments

In January 2022, Tirupati Graphite plc, the specialist graphite firm, launched a new technology that will improve the company's main graphite and downstream specialized graphite production processes significantly. Such new graphite technologies will benefit the market growth. 

In October 2021, Black Earth formed a 50:50 joint venture (JV) with India's Metachem Manufacturing to establish an expandable graphite facility in India. The new factory will serve the expanding graphite market, which is forecast to rise.

In June 2019, Leading Edge Materials developed expandable graphite in compliance with existing market products from Woxna, Sweden. The new expandable graphite can create various value-added products such as batteries, construction materials, and more. 

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High-purity and Ultra-high-purity Vein Graphite Market, Global Outlook and Forecast 2025-2032

High-purity and ultra-high-purity vein graphite refer to naturally occurring graphite deposits with exceptional carbon content and minimal impurities. These materials are essential in high-tech applications such as lithium-ion batteries, fuel cells, and advanced electronic components.

Market Size

Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/288645/global-highpurity-ultrahighpurity-vein-graphite-forecast-market-2025-2032-933

The global high-purity and ultra-high-purity vein graphite market was valued at USD 14 million in 2023 and is projected to reach USD 36.40 million by 2032, growing at a CAGR of 11.20%. The North American market was estimated at USD 4.38 million in 2023, with a projected CAGR of 9.60% during the forecast period from 2025 to 2032.

Market Dynamics (Drivers, Restraints, Opportunities, and Challenges)

Drivers:

Increasing demand for high-performance batteries in the electric vehicle (EV) industry.

Rising adoption of energy storage solutions in renewable energy applications.

Growing demand for advanced electronic materials requiring high-purity graphite.

Increasing demand for high-performance batteries in the electric vehicle (EV) industry.

Rising adoption of energy storage solutions in renewable energy applications.

Growing demand for advanced electronic materials requiring high-purity graphite.

Restraints:

High processing and purification costs.

Limited availability of vein graphite deposits.

Environmental concerns related to graphite mining.

High processing and purification costs.

Limited availability of vein graphite deposits.

Environmental concerns related to graphite mining.

Opportunities:

Expanding research and development in nanotechnology applications.

Potential use in next-generation semiconductors and supercapacitors.

Growing interest in sustainable and eco-friendly material sourcing.

Expanding research and development in nanotechnology applications.

Potential use in next-generation semiconductors and supercapacitors.

Growing interest in sustainable and eco-friendly material sourcing.

Challenges:

Intense competition from synthetic graphite alternatives.

Regulatory hurdles associated with mining and processing.

Price volatility due to fluctuating supply chain dynamics.

Intense competition from synthetic graphite alternatives.

Regulatory hurdles associated with mining and processing.

Price volatility due to fluctuating supply chain dynamics.

Regional Analysis

The demand for high-purity vein graphite is experiencing substantial growth across various regions:

North America: Increasing adoption in battery technologies and electronics manufacturing.

Europe: Strong demand from the aerospace and automotive sectors.

Asia-Pacific: The largest market, driven by China and Japan’s expanding electronic and battery industries.

Rest of the World: Emerging applications in advanced ceramics and metallurgy.

North America: Increasing adoption in battery technologies and electronics manufacturing.

Europe: Strong demand from the aerospace and automotive sectors.

Asia-Pacific: The largest market, driven by China and Japan’s expanding electronic and battery industries.

Rest of the World: Emerging applications in advanced ceramics and metallurgy.

Competitor Analysis

Key players in the high-purity and ultra-high-purity vein graphite market include:

Sri Lanka Graphite PLC

Graphite One Inc.

Northern Graphite Corporation

Nacional de Grafite

Sri Lanka Graphite PLC

Graphite One Inc.

Northern Graphite Corporation

Nacional de Grafite

These companies focus on expansion, acquisitions, and technological innovations to strengthen their market position.

Global High-purity and Ultra-high-purity Vein Graphite: Market Segmentation Analysis

This report provides a deep insight into the global high-purity and ultra-high-purity vein graphite market, covering all essential aspects. It includes macro overviews, market size, competitive landscape, development trends, niche market insights, key market drivers, challenges, SWOT analysis, and value chain analysis.

FAQ Section

What is the current market size of the High-purity and Ultra-high-purity Vein Graphite market?

The market was valued at USD 14 million in 2023 and is projected to reach USD 36.40 million by 2032, growing at a CAGR of 11.20%.

Which are the key companies operating in the High-purity and Ultra-high-purity Vein Graphite market?

Major players include Sri Lanka Graphite PLC, Graphite One Inc., Northern Graphite Corporation, and Nacional de Grafite.

What are the key growth drivers in the High-purity and Ultra-high-purity Vein Graphite market?

Key growth drivers include increasing demand for EV batteries, advancements in electronic materials, and growing adoption of renewable energy storage solutions.

Which regions dominate the High-purity and Ultra-high-purity Vein Graphite market?

Asia-Pacific leads the market, followed by North America and Europe.

What are the emerging trends in the High-purity and Ultra-high-purity Vein Graphite market?

Emerging trends include advancements in nanotechnology applications, increased use in semiconductors, and a shift toward sustainable graphite sourcing.

Get the Complete Report & TOC @ https://www.24chemicalresearch.com/reports/288645/global-highpurity-ultrahighpurity-vein-graphite-forecast-market-2025-2032-933 Table of content

Table of Contents 1 Research Methodology and Statistical Scope 1.1 Market Definition and Statistical Scope of High-purity and Ultra-high-purity Vein Graphite 1.2 Key Market Segments 1.2.1 High-purity and Ultra-high-purity Vein Graphite Segment by Type 1.2.2 High-purity and Ultra-high-purity Vein Graphite Segment by Application 1.3 Methodology & Sources of Information 1.3.1 Research Methodology 1.3.2 Research Process 1.3.3 Market Breakdown and Data Triangulation 1.3.4 Base Year 1.3.5 Report Assumptions & Caveats 2 High-purity and Ultra-high-purity Vein Graphite Market Overview 2.1 Global Market Overview 2.1.1 Global High-purity and Ultra-high-purity Vein Graphite Market Size (M USD) Estimates and Forecasts (2019-2032) 2.1.2 Global High-purity and Ultra-high-purity Vein Graphite Sales Estimates and Forecasts (2019-2032) 2.2 Market Segment Executive Summary 2.3 Global Market Size by Region 3 High-purity and Ultra-high-purity Vein Graphite Market Competitive Landscape 3.1 Global High-purity and Ultra-high-purity Vein Graphite Sales by Manufacturers (2019-2025) 3.2 Global High-purity and Ultra-high-purity Vein Graphite Revenue Market Share by Manufacturers (2019-2025) 3.3 High-purity and Ultra-high-purity Vein Graphite Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 3.4 Global High-purity and Ultra-high-purity Vein Graphite Average Price by Manufacturers (2019-2025) 3.5 Manufacturers High-purity and Ultra-high-purity Vein Graphite Sales Sites, Area Served, Product Type 3CONTACT US: North Main Road Koregaon Park, Pune, India - 411001. International: +1(646)-781-7170 Asia: +91 9169162030

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Global Stamping Fluid Market Outlook Analysis 2025-2031

Global Info Research’s  report offers key insights into the recent developments in the global Stamping Fluid market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the market to help them make informed decisions. Furthermore, the research report includes qualitative and quantitative analysis of the market to facilitate a comprehensive market understanding.This Stamping Fluid research report will help market players to gain an edge over their competitors and expand their presence in the market.

This report is a detailed and comprehensive analysis for global Stamping Fluid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

We have conducted an analysis of the following leading players/manufacturers in the Stamping Fluid industry: CONDAT、Etna Products、AFT、IRMCO、Benz Oil、Quaker Houghton、Sunbelt Lubricants、BOER Technology、Falcon Industry、Qingdao Jieshite Market segment by Type： Water Based、Oil Based Market segment by Application：Brass、Stainless steel and nickel based alloys、Aluminum、Graphite、Carbon alloys、Copper Report analysis: The Stamping Fluid report encompasses a diverse array of critical facets, comprising feasibility analysis, financial standing, merger and acquisition insights, detailed company profiles, and much more. It offers a comprehensive repository of data regarding marketing channels, raw material expenses, manufacturing facilities, and an exhaustive industry chain analysis. This treasure trove of information equips stakeholders with profound insights into the feasibility and fiscal sustainability of various facets within the market. Illuminates the strategic maneuvers executed by companies, elucidates their corporate profiles, and unravels the intricate dynamics of the industry value chain. In sum, the Stamping Fluid report delivers a comprehensive and holistic understanding of the markets multifaceted dynamics, empowering stakeholders with the knowledge they need to make informed decisions and navigate the market landscape effectively. Conducts a simultaneous analysis of production capacity, market value, product categories, and diverse applications within the Stamping Fluid market. It places a spotlight on prime regions while also performing a thorough examination of potential threats and opportunities, coupled with an all-encompassing SWOT analysis. This approach empowers stakeholders with insights into production capabilities, market worth, product diversity, and the markets application prospects. Assesses strengths, weaknesses, opportunities, and threats, offering stakeholders a comprehensive understanding of the Stamping Fluid markets landscape and the essential information needed to make well-informed decisions. Market Size Estimation & Method Of Prediction

1. Estimation of historical data based on secondary and primary data. 2. Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities) 3. Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies 4. Consideration of geography, region-specific product/service demand for region segments 5. Consideration of product utilization rates, product demand outlook for segments by application or end-user.

About Us: Global Info Research is a company that digs deep into Global industry information to Stamping Fluid enterprises with market strategies and in-depth market development analysis reports. We provide market information consulting services in the Global region to Stamping Fluid enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

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An In-Depth Look at the Growth of North America Iron Casting Market

The North America iron casting market size is expected to reach USD 24.89 billion by 2030, expanding at a CAGR of 5.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing number of projects related to sanitization, sewage, and wastewater treatment being carried out in North America is expected to fuel the growth of iron casting in the region in the coming years.

For instance, in July 2022, the governments of Canada and Nunavut announced an investment for the development of wastewater and water treatment plants in Nunavut. The Government of Canada is anticipated to invest approximately CAD 2.7 million (~USD 1.96 million) and the Government of Nunavut is providing approximately CAD 925,000 (~USD 671,082) for the development of these plants.

Based on product, the market is segmented into gray, ductile, and malleable. Ductile cast iron, also known as nodular iron or spherical graphite iron, has a composition similar to gray with graphite particles precipitated in spherical form rather than in the flake form. Unlike graphite flakes, there is no crack-like network created by the spherical graphite particles, which results in higher toughness and strength of ductile compared to gray cast iron.

Based on application, power generation is anticipated to register a growth rate of 6.4%, in terms of revenue, over the forecast period. Growing investments in renewable energy for power generation are anticipated to augment the demand for iron castings in the segment. For instance, in October 2021, the U.S. government decided to invest in expanding offshore wind energy. The wind farm is part of the government’s plan to generate 30 gigawatts of wind power by 2030.

Gather more insights about the market drivers, restrains and growth of the North America Iron Casting Market

North America Iron Casting Market Report Highlights

• Based on product, gray cast iron accounted for a volume share of over 62.0% in 2022 of the overall market. It is a commonly used material for developing products in various applications such as automotive, machinery & tools, and pipes, owing to its high compressive strength, and good damping capacity.

• Based on application, the pipes and fittings segment is expected to expand at a CAGR of 5.5%, in terms of revenue, from 2023 to 2030. Rising investments in various countries towards upgradation in infrastructure related to sanitization, sewage, and wastewater treatment are propelling segment growth.

• The railways segment is expected to register a CAGR of automotive 6.5% in terms of revenue across the forecast period. Iron castings find use in bearing adapters, rail tracks, suspensions, track connection plates, etc. Rising investments in the industry are anticipated to further augment segment growth over the coming years.

• Based on region, the U.S. is expected to register a CAGR of 4.6%, in terms of volume, over the forecast period. Increasing investment in the construction & infrastructure industry and rising demand for renewables are driving the market growth.

North America Iron Casting Market Segmentation

Grand View Research has segmented the North America iron casting market based on product, application, and region:

North America Iron Casting Product Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

• Gray Cast Iron

• Ductile Cast Iron

• Malleable Cast Iron

North America Iron Casting Application Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

• Automotive

• Machinery & Tools

• Pipes & Fitting

• Railways

• Power Generation

• Others

North America Iron Casting Regional Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

Order a free sample PDF of the North America Iron Casting Market Intelligence Study, published by Grand View Research.

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Global Lightweight Materials Market, Market Size, Market Share, Key Players | BIS Research

Lightweight materials are substances with relatively low density or weight, making them easier to handle, transport, and use in applications where minimizing mass is critical. These materials often maintain a high strength-to-weight ratio, meaning they provide significant structural integrity or durability while being light.

The Global Lightweight Materials Market was valued at $3.05 billion in 2023, and is expected to grow at a CAGR of 7.99% and reach $6.58 billion by 2023 

Market Overview

The lightweight materials market is rapidly expanding due to increasing demand across various industries like automotive, aerospace, construction, and energy. These materials, known for their high strength-to-weight ratio, play a critical role in enhancing fuel efficiency, reducing emissions, and improving performance in vehicles and aircraft. Key materials driving the market include aluminum, magnesium alloys, titanium, composites like carbon fiber, and advanced polymers.

Market Segmentation 

By Material Type 

By Application 

By End User Industry 

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Key Applications 

Graphite Electrodes for steelmaking - The primary application of Lightweight Materials  is in the production of graphite electrodes, which are essential in electric arc furnaces (EAF) used for steel production. 

Lithium Ion Batteries - Lightweight Materials  is used to produce synthetic graphite anodes for lithium-ion batteries, a critical component in electric vehicles (EVs) and energy storage systems.

Major Key Players  

Asbury Carbons

Gazpromneft

China Petroleum & Chemical Corporation

Shandong Jingyang Technology Co. Ltd

GrafTech International

Download the sample page click here@ Global Lightweight Materials Market 

Market Drivers 

Automotive Industry 

Aerospace and Defense 

Construction and Infrastructure 

Renewable Energy 

Future Outlook

The Lightweight Materials  market is expected to witness sustained growth due to rising steel production through electric arc furnaces and increasing lithium-ion battery demand for electric vehicles and energy storage systems. However, environmental regulations, supply chain constraints, and price volatility will continue to shape the industry.

The market outlook is shaped by several key trends:

Rising Demand in Steelmaking

Expansion of Electric Vehicle (EV) Market

Supply Constraints 

Technological Advancements 

Conclusion 

The global Lightweight Materials market is positioned for substantial growth, driven by increasing demand from the steel industry and the expanding electric vehicle (EV) market. As electric arc furnaces (EAF) gain traction in steel production and lithium-ion battery usage surges, the need for high-quality Lightweight Materials  will rise. However, supply constraints, environmental concerns, and production challenges may create volatility in the market.

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The Ultimate Guide to Gasket Kits: Insights for Manufacturers and Suppliers

Gasket kits are essential components in numerous industries, from automotive and aerospace to plumbing and manufacturing. They play a critical role in ensuring the integrity and performance of machinery and systems by preventing leaks and maintaining pressure. As manufacturers and suppliers of gasket kits, understanding the nuances of the market, the latest innovations, and the needs of your customers can set you apart in this competitive industry.

Understanding Gasket Kits

1. What Are Gasket Kits? Gasket kits typically include various types of gaskets made from different materials designed to fit specific applications. These kits are crucial in creating a seal between two surfaces, preventing leakage of fluids or gases. Common materials used include rubber, silicone, metal, and composite materials, each suited for specific conditions and requirements.

2. Types of Gaskets

Rubber Gaskets: Ideal for low-pressure applications, providing flexibility and resilience.

Metal Gaskets: Used in high-pressure and high-temperature environments, offering durability and strength.

Silicone Gaskets: Known for their excellent temperature resistance and flexibility.

Composite Gaskets: Combine multiple materials to offer enhanced performance in specialized applications.

Market Trends and Innovations

1. Advanced Materials The development of new materials has significantly improved gasket performance. For example, the use of expanded PTFE (ePTFE) provides superior sealing capabilities, while graphite gaskets offer excellent thermal conductivity and resistance to chemical attacks.

2. Customization and Precision Engineering Customers increasingly demand gaskets tailored to their specific needs. Advances in CNC machining and 3D printing have enabled manufacturers to produce highly precise and custom gaskets, reducing lead times and improving performance.

3. Environmental Considerations Sustainability is a growing concern in the gasket industry. Manufacturers are exploring eco-friendly materials and production processes to minimize environmental impact. Biodegradable and recyclable gasket materials are gaining popularity, aligning with global efforts to reduce waste.

Challenges and Solutions

1. Quality Control Ensuring the quality of gasket kits is paramount. Implementing rigorous testing protocols, such as pressure testing and material analysis, can help maintain high standards. Investing in advanced quality control equipment and training for staff is essential.

2. Supply Chain Management Supply chain disruptions can affect the availability of raw materials and the timely delivery of gasket kits. Building strong relationships with reliable suppliers and diversifying sources can mitigate these risks. Implementing inventory management systems can also enhance supply chain resilience.

3. Customer Education and Support Providing customers with comprehensive information and support is crucial. Offering detailed product specifications, installation guides, and technical support can enhance customer satisfaction and loyalty. Regularly updating customers on new products and industry trends can position your company as a trusted partner.

Future Outlook

The gasket kit industry is poised for continued growth, driven by advancements in materials science, increasing demand for customized solutions, and the ongoing push for sustainability. Manufacturers and suppliers who stay ahead of these trends and invest in innovation will be well-positioned to capitalize on new opportunities.

Conclusion

As a manufacturer or supplier of gasket kits, understanding the evolving landscape of the industry is vital. By embracing new technologies, maintaining rigorous quality standards, and prioritizing customer needs, you can ensure your products stand out in a competitive market. Stay informed, stay innovative, and continue to deliver exceptional value to your customers.

Whether you’re looking to enhance your product offerings or streamline your supply chain, keeping abreast of the latest trends and challenges in the gasket industry is essential. With the right strategies and a commitment to excellence, you can achieve sustained success in this dynamic field.

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Future of Carbon Fibre Market: 2024-2032 Growth Insights

Introduction

In 2023, the global carbon fiber industry achieved a remarkable milestone, reaching a valuation of approximately USD 3,821.39 million. Brace yourself for an in-depth exploration of this dynamic industry as we embark on a journey through its market outlook, report overview, size, dynamics, segmentation, recent developments, and the multitude of factors influencing its anticipated growth. With a projected Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period from 2024 to 2032, the carbon fiber industry is poised for remarkable expansion.

Market Outlook (2024-2032)

The global carbon fiber industry is on the brink of transformative growth from 2024 to 2032. As technological advancements, sustainability imperatives, and demand for lightweight materials converge, the carbon fiber market is set to redefine industries and applications worldwide.

Report Overview

This report offers an extensive analysis of the global carbon fiber market, providing a comprehensive snapshot of its historical performance, current landscape, and future prospects. Drawing insights from industry reports, market analyses, and expert opinions, it delivers a profound understanding of the market's dynamics.

Market Size

The carbon fiber industry size impressive valuation in 2023 serves as a testament to its significance. The estimated CAGR reflects the industry's robust potential to disrupt traditional materials across multiple sectors.

Market Dynamics

Several key dynamics propel the carbon fiber industry's growth:

Lightweighting Trend: Industries such as automotive and aerospace increasingly rely on carbon fiber for weight reduction and improved fuel efficiency.

Sustainability: Carbon fiber's eco-friendly attributes, including recyclability and energy efficiency, drive its adoption.

Technological Advancements: Ongoing research and development initiatives enhance carbon fiber properties and expand its applications.

Segmentation

The carbon fiber market encompasses various segments:

Type: Carbon fibers are classified into various categories, including PAN-based, pitch-based, and rayon-based.

Application: Diverse industries, including aerospace, automotive, wind energy, and sports equipment, utilize carbon fiber.

Recent Developments

Recent advancements in the carbon fiber industry include:

Recyclable Carbon Fiber: Innovations in recyclable carbon fiber production contribute to sustainability goals.

3D Printing: The integration of carbon fiber into 3D printing processes enables complex and lightweight designs.

Component Insights

Key components in the carbon fiber industry include:

Raw Materials: Precursors such as polyacrylonitrile (PAN) and pitch form the foundation of carbon fiber production.

Manufacturing Processes: Techniques like carbonization and graphitization impart unique properties to carbon fiber.

COVID-19 Impact

The COVID-19 pandemic influenced the carbon fiber industry, initially disrupting supply chains but ultimately accelerating adoption in industries prioritizing lightweight and sustainable materials.

Growth Factors

The carbon fiber industry's growth is driven by several key factors:

Weight Reduction: Carbon fiber's exceptional strength-to-weight ratio is crucial in industries focused on lightweighting.

Sustainability: Carbon fiber's recyclability and lower carbon footprint align with environmental goals.

Technological Advancements: Ongoing research enhances carbon fiber properties, enabling broader applications.

End-User Insights

Diverse end-users benefit from carbon fiber's properties:

Aerospace: Carbon fiber's lightweight and high-strength properties are invaluable in aircraft and spacecraft construction.

Automotive: Carbon fiber composites improve vehicle fuel efficiency and safety.

Wind Energy: Carbon fiber reinforces wind turbine blades, enhancing energy generation.

Regional Insights

The carbon fiber market exhibits regional variations:

North America: Leading in aerospace and automotive applications.

Europe: A hub for carbon fiber production and adoption in multiple sectors.

Asia-Pacific: Rapid growth driven by automotive, wind energy, and infrastructure development.

Key Players

Prominent companies in the carbon fiber industry include:

SGL Carbon

Hexcel Corporation

Hyosung Advanced Materials

Mitsubishi Chemical Carbon Fiber and Composites, Inc.

Nippon Steel Chemical & Material Co., Ltd.

Others

Market Trends

Several trends shape the carbon fiber market:

Cost Reduction: Efforts to reduce production costs enhance carbon fiber's competitiveness.

Recyclability: The development of recyclable carbon fiber contributes to sustainability goals.

Automotive Adoption: Increasing use of carbon fiber in automobiles for weight reduction and improved efficiency.

Industry News

Stay informed about the latest industry news, including technological breakthroughs, new applications, and market expansions.

Application Insights

Carbon fiber finds applications in various industries:

Aerospace: Lightweight aircraft components improve fuel efficiency.

Automotive: Carbon fiber composites enhance vehicle performance and safety.

FAQs with Answers

What drives the growth of the global carbon fiber industry?

Growth is driven by demand for lightweight materials, sustainability imperatives, and technological advancements.

How did COVID-19 impact the carbon fiber industry?

The pandemic initially disrupted supply chains but later accelerated carbon fiber adoption in industries prioritizing lightweight and sustainable materials.

Which regions are leading in the carbon fiber industry?

North America, Europe, and Asia-Pacific are key regions in the global carbon fiber landscape.

What are the emerging trends in carbon fiber?

Trends include cost reduction, recyclability, and increased adoption in the automotive sector.

[pavanpj]

Harnessing Energy Potential: LIB Anode Market Size, Share, and Analytical Insights

 The global LIB anode market is estimated at US$ 9.2 billion in 2023 and is forecast to reach US$ 29.9 billion by 2033, growing with a CAGR of 12.5% from 2023 to 2033. In a digital world governed by electricity, batteries have been playing a crucial role which is expected to become more crucial in the future. Anodes and cathodes are essential elements of batteries that also have a large influence on performance and energy capacity.

Increasing investments in research and development of advanced batteries are expected to promote the demand for lithium-ion battery (LIB) anodes made from different materials. Demand for other battery chemicals is also expected to witness a bright outlook over the coming years. The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of LIB Anode Market both at worldwide and provincial levels.

Download a Sample Copy of This Report: –https://www.factmr.com/connectus/sample?flag=S&rep_id=4068?PJ 

The lithium-ion battery anode market is a vital segment of the broader battery industry, focusing on the production of anode materials for LIBs. The anode is one of the two electrodes in a lithium-ion battery, with the cathode being the other. It plays a central role in the battery’s operation by facilitating the flow of lithium ions between the anode and cathode during charging and discharging cycles. Key anode materials include graphite, silicon, and other advanced carbon materials, each with its advantages and challenges.

Trends and Developments:

Silicon Anodes: Silicon has attracted attention as a potential anode material due to its ability to store a larger number of lithium ions compared to graphite. However, challenges like silicon’s volume expansion during lithiation have led to research into stabilizing silicon anodes to maintain cycle life.

Solid-State Batteries: The development of solid-state batteries has influenced anode materials. Solid-state electrolytes could enable the use of lithium metal anodes, which have the potential to significantly increase energy density and improve battery performance.

EV Market Growth: The electric vehicle market’s growth has driven demand for high-performance lithium-ion batteries with improved energy density and fast-charging capabilities. Anode materials play a crucial role in meeting these demands.

Supply Chain Concerns: The supply of certain anode materials, like graphite, has raised supply chain concerns. This has led to exploration of alternative materials and increased interest in domestic production of critical battery components.

Recycling and Sustainability: As the adoption of lithium-ion batteries continues to rise, the importance of battery recycling and sustainable materials has increased. Anode materials that are more environmentally friendly and easier to recycle are being explored.

Research and Innovation: Research efforts have been ongoing to discover new anode materials, improve existing ones, and enhance overall battery performance and safety.

Market Players: –

Hitachi Chemicals

Targray Technology International Inc.

Altair Nanotechnologies Inc.

3M Company

POSCO Group

Nippon Chemical

Betray New Energy Materials

NEI Corporation

Amprius Inc.

Umicore N.V.

Sumitomo Chemicals Co. Ltd.

Sila Nanotechnologies Inc.

Nichia Corporation

BASF

Competitive Landscape

Prime LIB anode vendors are deploying strategies that help them expand their business scope in various regions and increase revenue generation capacity to fund their expansion efforts.

In March 2023, NEO Battery Materials, an electric vehicle lithium-ion battery materials provider from Vancouver, Canada, announced the launch of NEO Battery Materials America LLC to support its expansion efforts in the United States. The company also announced that it would be attending ‘InterBattery 2023’, which is a renowned annual battery exhibition in South Korea.

LIB anode manufacturers are also focusing on expanding their production capacity to meet high demands from various industry verticals around the world.

In April 2021, Shanshan Technologies, a manufacturer of anode materials based in China, announced its plans to expand its LIB anode material production facility situated in Baotou city.

Additional information about new developments by top LIB anode producers and how they influence aspects such as product standards and pricing trends have been examined closely in this revised Fact.MR research analysis.

Industry News :

Silicon Anode Development: Silicon anodes gained attention as a potential game-changer in the industry. Silicon has a higher theoretical capacity than graphite, making it a promising material to increase energy density. Companies and researchers have been working to overcome the challenges associated with silicon’s expansion and contraction during charge-discharge cycles.

Advancements in Graphite Anodes: Graphite, a common anode material, continued to see advancements in terms of performance and cost-effectiveness. Innovations in natural and synthetic graphite production processes aimed to improve LIB anodes’ quality and reduce manufacturing costs.

Supply Chain Concerns: Supply chain challenges, particularly related to the sourcing of critical raw materials like natural graphite and synthetic graphite, have impacted the anode market. Manufacturers have been seeking to diversify their sources to mitigate supply chain risks.

Recycling Initiatives: As sustainability gains importance, recycling of lithium-ion batteries and their anode materials has become a focus for industry players. Several companies and initiatives aimed to develop efficient recycling processes to recover valuable materials.

Government Incentives: Many governments and regions worldwide introduced incentives and policies to promote the development and adoption of electric vehicles and renewable energy storage. These policies indirectly stimulate the demand for high-performance anode materials.

Key Segments Covered in LIB Anode Industry Research

By Anode Composition :

Natural Spherical Graphite

Synthetic Graphite

Amorphous Graphite

Lithium Titanate (LTO)

Others

By Cell Type :

Cylindrical

Prismatic

Polymer (Pouch)

By End Use :

Automotive

Medical Devices

Consumer Electronics

Industrial & Energy Storage

Regional analysis includes

North America (U.S., Canada)

Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)

EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe

CIS & Russia

Japan

Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)

Country-wise Insights

“United States to Provide Huge Moneymaking Opportunities”

Increasing sales of consumer electronics and electric vehicles are projected to influentially augment demand for LIB anodes in the United States over the next ten years. The rapid adoption of smart technologies and devices, high consumer spending potential, increasing investments in electric vehicle charging infrastructure development, and growing focus on sustainability are other aspects that could favor shipments of lithium-ion battery anodes and lithium-ion battery cathodes across the forecast period.

The increasing establishment of renewable energy plants and growing demand for batteries in industrial applications are also anticipated to benefit market growth in the United States going forward.

[priyanshisingh]

Nickel-coated Fiber Market Size and Growth Analysis with Trends, Key players & Outlook to 2030

The latest market report published by Credence Research, Inc. “Global Nickel-coated Fiber Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The global nickel-coated fiber market has witnessed steady growth in recent years and is expected to continue growing at a CAGR of 7.10% between 2023 and 2030. The market was valued at USD 50.4 million in 2022 and is expected to reach USD 81.46 million in 2030.

Nickel-coated fiber market provides valuable insights into the industry, including its growth potential, challenges, and market trends. The report segments the market based on product, method, end-use industry, and region, projecting significant expansion in the coming years.

According to the report, 99.8% nickel-coated fibers are the most popular and expected to grow with the highest CAGR in the global market. Electroless plating is the primary method segment, while the electrical and electronics industry is the most commonly used end-use sector, with Asia Pacific leading the market growth.

The global nickel-coated fiber market is driven by the rising demand for electronic devices and the need for electromagnetic interference (EMI) shielding in these devices. The aerospace and automotive industries extensively utilize nickel-coated fibers for sensors and other electrical components. However, the market faces challenges as nickel is a pricey metal, making the coating process costly and potentially less cost-effective compared to alternative materials.

Despite these challenges, the global nickel-coated fiber market presents significant growth opportunities. The rollout of 5G technology is anticipated to drive demand for nickel-coated fibers in antennas and other electronic components. The excellent electrical conductivity and corrosion resistance of nickel-coated fibers make them ideal for such applications.

Segmentation analysis of the market reveals that 99.8% nickel-coated fibers dominate the product segment, while electroless plating is the primary method. Asia Pacific is fueling the market growth, followed by North America and Europe.

Browse 230 pages report Nickel-coated Fiber Market By Product (60% Nickel Coated, 75% Nickel Coated, 99% Nickel Coated, 99.5% Nickel Coated, 99.8% Nickel Coated, 99.9% Nickel Coated, Others) By Method (Hydrogenation Reduction, Electroless Plating, Electrodeposition, Chemical Vapor Deposition, Electroplating, Dip Coating, Others)-Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/nickel-coated-fiber-market

The report also emphasizes the competitive landscape, with key players including Nippon Graphite, Teijin Limited, Imerys SA, Tokai Carbon Company, Nantong Yangtze, Mitsubishi Chemical, Hexcel Corporation, Hitachi Ltd., Mersen, and Skaland Graphite AS. These companies focus on product innovation, expanding their distribution channels, and mergers and acquisitions to maintain their competitiveness.

Nickel-coated Fiber Market Dynamics refer to the ever-evolving trends and factors that influence the growth, demand, and competition within the global nickel-coated fiber industry. This market segment has witnessed significant traction owing to its remarkable properties such as high thermal conductivity, exceptional corrosion resistance, and excellent electrical conductivity. The dynamics of this market are influenced by various key drivers including increasing demand from end-use industries like aerospace, automotive, electronics, and telecommunications. Moreover, the growing emphasis on energy-efficient materials has further propelled the adoption of nickel-coated fibers in these sectors.

Why to Buy This Report-

The report provides a qualitative as well as quantitative analysis of the global Nickel-coated Fiber Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.

The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.

Major nations in each region with their import/export statistics

The global Nickel-coated Fiber Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.

Browse Full Report: https://www.credenceresearch.com/report/nickel-coated-fiber-market

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Related Report: https://www.credenceresearch.com/report/3-3-dimethylacrylic-acid-methyl-ester-market

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About Us -

Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 10,000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives. For nearly a century, we’ve built a company well-prepared for this task.

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[chemicalresearchupdates]

Graphite Market: A Comprehensive Analysis of Growth Opportunities and Future Trends

The graphite market is a dynamic and significant sector within the global minerals industry. Graphite, a form of carbon, is widely used in various applications due to its unique properties. Here is some comprehensive information about the graphite market:

Overview of Graphite:

Graphite is a naturally occurring crystalline form of carbon with a hexagonal crystal structure.

It is a good conductor of electricity and heat, has high thermal stability, and possesses lubricating properties.

Graphite can be classified into three main types: natural graphite, synthetic graphite, and carbon fiber.

It finds applications in industries such as batteries, refractories, lubricants, electrodes, crucibles, and foundry facings.

Market Size and Growth:

The global graphite market has experienced steady growth over the years.

Factors driving market growth include increasing demand for lithium-ion batteries, growth in the steel industry, and the expanding automotive sector.

The market size is influenced by factors such as graphite grade, application, and regional demand.

Key Applications:

Batteries: Graphite is a crucial component in lithium-ion batteries used in electric vehicles (EVs), portable electronics, and energy storage systems.

Refractories: Graphite's high thermal stability makes it suitable for use in refractory materials used in the steel, foundry, and glass industries.

Lubricants: Graphite's lubricating properties make it an ideal additive in lubricants for various industrial applications.

Electrodes: Graphite electrodes are used in electric arc furnaces for steel production.

Other Applications: Graphite is also used in nuclear reactors, fuel cells, brake linings, and in the production of graphene.

Regional Analysis:

The graphite market is geographically diverse, with key production and consumption regions including China, India, Brazil, Canada, Russia, and the United States.

China is the largest producer and consumer of graphite, driven by its dominant position in steel production and the EV market.

Other countries with significant graphite production and reserves include India, Brazil, Mozambique, Madagascar, and Australia.

Competitive Landscape:

The graphite market is characterized by the presence of both large multinational companies and smaller regional players.

Major companies involved in graphite production and supply include Syrah Resources Limited, Triton Minerals Ltd, GrafTech International Ltd, SGL Carbon SE, and Imerys Graphite & Carbon.

The market is witnessing continuous innovation and research efforts to develop advanced graphite materials with improved properties.

Environmental and Social Considerations:

Graphite mining and processing can have environmental impacts, including soil erosion, water pollution, and habitat disruption.

Responsible mining practices and sustainable sourcing are gaining importance in the industry.

Efforts are being made to develop cleaner and more energy-efficient processes for graphite production.

Future Outlook:

The graphite market is expected to witness significant growth in the coming years, driven by the increasing adoption of EVs, renewable energy systems, and emerging applications such as graphene-based products.

Technological advancements, research and development, and investments in graphite mines and processing facilities are expected to further propel market growth.

It's important to note that market dynamics can change over time, and it's advisable to consult up-to-date sources and market reports for the most current information on the graphite market.

[my-123]

Graphite Market | Size, Application, Revenue, Types, Trends in Future, Scope to 2032

The global graphite market is anticipated to reach a value of US$ 43,357.6 Mn by 2032, with the market expanding at a positive CAGR of 6.5% during the forecast period of 2022 and 2032. Valued at US$ 21,609.2 Mn in 2021, the graphite market will likely reach an estimated US$ 23,097.7 Mn in 2022.

The escalating application of graphite in various end-use industries like batteries, foundry facing, lubricants & crucible, refractories and others drive the graphite market to grow over this period of observation. The advantages of using graphite such as good thermal and electrical conductivity, lubricity, chemical resistance, and others propel the adoption of graphite in various industries.

One of the primary market drivers of graphite is the expanding electric vehicles sector. Graphite is used in the production of anodes that are needed in batteries, particularly of electric vehicles. Also, rising concerns for the environment coupled with increasing awareness about pollution and such foster growth for the electric and hybrid electric vehicles.

In addition to this, escalating demand for solar panels all over the world along with an increase in the need for Li-ion batteries in electric vehicles will further propel the target market. Usage of graphite in solar panels lessens the cost and optimizes the efficiency.

In the automotive sector, the high thermal resistance, chemical inertness, and the porous nature of graphite makes it the most preferred material for the production of anode in Li-ion batteries. All of these factors promote an environment of growth for the graphite market over the projected period.

Get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-874

Competitive Landscape

Showa Denko K.K., Toyo Tanso Co., Ltd., SGL Carbon SE, Tokai Carbon Co., Ltd, Graphite India Limited, Nippon Carbon Co., Ltd., HEG Limited, SEC Carbon, Limited, Imerys S.A., GrafTech International Ltd., Mersen Group, Fangda Carbon New Material Co., Ltd., Dongguan Kaijin New Energy Technology Co., Ltd., Pingdingshan Oriental Carbon Co., Ltd., Advanced Biopolymers AS, Mahtani Chitosan Pvt. Ltd Vardhman Acrylics Ltd., and others are some of the major players in the graphite market profiled in the full version of the report.

Leading market players are keen on entering and expanding their businesses in emerging economies. Other players are concentrating on the integration of advanced manufacturing technology to produce high-purity graphite to comply with the escalating demand.

Graphite Market Outlook by Category

By Product Type:

Natural Graphite

Synthetic Graphite

Flake

Amorphous

Vein

Graphite Electrode

Carbon Fiber

Graphite Blocks

Graphite Powder

Others

By Application:

Refractories

Lubricants & Crucible

Foundry Facing

Batteries

Others

“Expanding electric vehicle sector along with an elevated demand for solar panels are expected to fuel the graphite market over the forecast period,” says an FMI analyst.

Browse latest Market Reports@  https://www.futuremarketinsights.com/category/chemicals-and-materials

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Europe RF Resistor Market 2030: Digi-Key, EMC Technology & Florida RF Labs, Kete Microwave, Token | Research Report

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[sanjay-chem]

Graphite Market to grow at 6.7% CAGR through 2027

Future Market Insights delivers key insights on the global graphite market in an updated version of the report and provides historical market size and volume analysis for the years 2012–2016 and forecast up to 2027. Considering the impact of macro-economic factors, relatively lack-lustre growth in certain key graphite consuming countries, and steel production, among others, the graphite market was valued at US$ 15,763 Mn in 2016, as against a market value of US$ 16,128 Mn estimated in the previous version of the report.

The long-term outlook on the global graphite market remains positive, with market value expected to increase at a CAGR of 6.7% during the forecast period 2017– 2027. Among product types, Natural and Synthetic graphite are expected to expand at a significant CAGR in terms of value over the forecast period. Among applications, the refractories market continues to be the major application area for graphite.

However, increasing demand for electric vehicles globally is anticipated to boost the demand for graphite in future. Sales of graphite is estimated to be valued at US$ 16,740 Mn by the end of 2017. Asia Pacific is estimated to account for a value share of 35.8% in the global graphite market by 2017 end and it is anticipated to retain its dominance throughout the forecast period.Global Graphite Market: Segmentation Analysis

On the basis of product type, synthetic graphite is expected to dominate the overall graphite market owing to its vast application across key end-use industries. Furthermore, demand for natural graphite is also increasing owing to its increasing adoption in applications such as batteries. Natural graphite segment accounted for 43.3% of the overall volume share in 2016.

On the basis of application, the refractories segment is expected to dominate the global graphite market over the forecast period. The segment is anticipated to hold 42.7% of the overall volume share by 2027. The batteries segment is anticipated to be the most attractive segment in the global graphite market with a CAGR of 10.9% over the forecast period.

Global Graphite Market: Vendor Insights

Some of the key players reported in the study of the global graphite market include AMG Advanced Metallurgical Group N.V., Showa Denko K.K., Toyo Tanso Co., Ltd., SGL Carbon SE, Tokai Carbon Co., Ltd, Graphite India Limited, Nippon Carbon Co., Ltd., HEG Limited, SEC Carbon, Limited, Imerys S.A., GrafTech International Ltd., Mersen Group. Fangda Carbon New Material Co., Ltd., Dongguan Kaijin New Energy Technology Co., Ltd., Pingdingshan Oriental Carbon Co., Ltd.

Read More: https://www.futuremarketinsights.com/reports/graphite-market

[industrynewsupdates]

An In-Depth Look at the Growth of North America Iron Casting Market

The North America iron casting market size is expected to reach USD 24.89 billion by 2030, expanding at a CAGR of 5.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing number of projects related to sanitization, sewage, and wastewater treatment being carried out in North America is expected to fuel the growth of iron casting in the region in the coming years.

For instance, in July 2022, the governments of Canada and Nunavut announced an investment for the development of wastewater and water treatment plants in Nunavut. The Government of Canada is anticipated to invest approximately CAD 2.7 million (~USD 1.96 million) and the Government of Nunavut is providing approximately CAD 925,000 (~USD 671,082) for the development of these plants.

Based on product, the market is segmented into gray, ductile, and malleable. Ductile cast iron, also known as nodular iron or spherical graphite iron, has a composition similar to gray with graphite particles precipitated in spherical form rather than in the flake form. Unlike graphite flakes, there is no crack-like network created by the spherical graphite particles, which results in higher toughness and strength of ductile compared to gray cast iron.

Based on application, power generation is anticipated to register a growth rate of 6.4%, in terms of revenue, over the forecast period. Growing investments in renewable energy for power generation are anticipated to augment the demand for iron castings in the segment. For instance, in October 2021, the U.S. government decided to invest in expanding offshore wind energy. The wind farm is part of the government’s plan to generate 30 gigawatts of wind power by 2030.

Gather more insights about the market drivers, restrains and growth of the North America Iron Casting Market

North America Iron Casting Market Report Highlights

• Based on product, gray cast iron accounted for a volume share of over 62.0% in 2022 of the overall market. It is a commonly used material for developing products in various applications such as automotive, machinery & tools, and pipes, owing to its high compressive strength, and good damping capacity.

• Based on application, the pipes and fittings segment is expected to expand at a CAGR of 5.5%, in terms of revenue, from 2023 to 2030. Rising investments in various countries towards upgradation in infrastructure related to sanitization, sewage, and wastewater treatment are propelling segment growth.

• The railways segment is expected to register a CAGR of automotive 6.5% in terms of revenue across the forecast period. Iron castings find use in bearing adapters, rail tracks, suspensions, track connection plates, etc. Rising investments in the industry are anticipated to further augment segment growth over the coming years.

• Based on region, the U.S. is expected to register a CAGR of 4.6%, in terms of volume, over the forecast period. Increasing investment in the construction & infrastructure industry and rising demand for renewables are driving the market growth.

North America Iron Casting Market Segmentation

Grand View Research has segmented the North America iron casting market based on product, application, and region:

North America Iron Casting Product Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

• Gray Cast Iron

• Ductile Cast Iron

• Malleable Cast Iron

North America Iron Casting Application Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

• Automotive

• Machinery & Tools

• Pipes & Fitting

• Railways

• Power Generation

• Others

North America Iron Casting Regional Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

Order a free sample PDF of the North America Iron Casting Market Intelligence Study, published by Grand View Research.

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Global Needle Coke Market, Market Size, Market Share, Key Players | BIS Research

The Global Needle Coke Market refers to the industry segment focused on the development, production, and distribution of building materials that have a reduced carbon footprint compared to traditional materials. These materials are designed to minimize greenhouse gas emissions throughout their lifecycle—from extraction, manufacturing, and transportation to use and disposal. 

The global needle coke market was valued at $3.05 billion in 2023, and is expected to grow at a CAGR of 7.99% and reach $6.58 billion by 2023 

Market Overview

Needle coke is a high-quality carbon material primarily used in the production of graphite electrodes, which are essential for electric arc furnaces in the steelmaking industry. Needle coke has a unique needle-like structure, high thermal conductivity, and low coefficient of thermal expansion, making it a crucial material for industries requiring strong, heat-resistant carbon.

Types of Needle Coke 

Petroleum based needle coke - Derived from petroleum refining byproducts, particularly decant oil or slurry oil.

Coal based needle coke- Produced from coal tar, a byproduct of the coke-making process in steel production.

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Key Applications 

Graphite Electrodes for steelmaking - The primary application of needle coke is in the production of graphite electrodes, which are essential in electric arc furnaces (EAF) used for steel production. 

Lithium Ion Batteries - Needle coke is used to produce synthetic graphite anodes for lithium-ion batteries, a critical component in electric vehicles (EVs) and energy storage systems.

Major Key Players  

Asbury Carbons

Gazpromneft

China Petroleum & Chemical Corporation

Shandong Jingyang Technology Co. Ltd

GrafTech International

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Market Demand Driver: Carbon Reduction Mandates and Environmental Standards

The needle coke market is poised for significant growth, propelled by the increasing adoption of the electric arc furnace (EAF) steelmaking process and the mounting pressure to achieve carbon neutrality targets. Sustainability considerations are reshaping the steel industry; the EAF process offers a more environmentally conscious approach compared to the traditional basic oxygen furnace (BOF) method. This shift favors needle coke, a critical material for EAF graphite electrode production

Future Outlook

The needle coke market is expected to witness sustained growth due to rising steel production through electric arc furnaces and increasing lithium-ion battery demand for electric vehicles and energy storage systems. However, environmental regulations, supply chain constraints, and price volatility will continue to shape the industry.

The market outlook is shaped by several key trends:

Rising Demand in Steelmaking

Expansion of Electric Vehicle (EV) Market

Supply Constraints 

Technological Advancements 

Conclusion 

The global needle coke market is positioned for substantial growth, driven by increasing demand from the steel industry and the expanding electric vehicle (EV) market. As electric arc furnaces (EAF) gain traction in steel production and lithium-ion battery usage surges, the need for high-quality needle coke will rise. However, supply constraints, environmental concerns, and production challenges may create volatility in the market.

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Advanced Carbon Materials Market Value Chain Analysis & Profit Margin Study Report, 2024

Global advanced carbon materials market size is anticipated to reach USD 5.29 billion by 2024. The factors that propel the growth of the advanced carbon materials industry include growing demand for fiberglass products in construction, automotive and energy applications, being lightweight material, having excellent electrical properties, technological progression for the development of carbon nanomaterials, increasing demand for carbon fiber reinforced plastic (CFRP). Advanced carbon materials market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Key Players:

Some of the key players that fuel the growth of the advanced carbon materials industry comprise Toho Tenex Europe Gmbh, Toray Industries Inc., Hexcel Corporation, Arkema Sa, Nippon Graphite Fiber Co. Ltd, CVD Equipment Corporation, Arry International Group Limited, Grupo Graphenano, Future carbon, Grupo Antolin, Graphenea, Mersen Group, Haydale Graphene Industries Plc, Showa Denko KK, and Nanothinx S.A. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/advanced-carbon-materials-market/request-sample

The “Carbon fibers” segment led the advanced carbon materials market in 2015 and is anticipated to maintain its dominance by 2024. The key factors that could be attributed to the growth of market include extensive usage in the construction industry for bridge construction and building construction, precast concrete panels, low thermal expansion, excellent stiffness, high tensile strength, and good temperature tolerance.

Product Outlook:

Carbon fibers

Graphene

Carbon nanotubes

Structural graphite

Carbon foams

Application Outlook:

Aerospace & Defense

Energy

Electronics

Sports

Automotive

Construction

The “Aerospace & Defense” segment led the advanced carbon materials market in 2015 and is anticipated to maintain its dominance by 2024. The key factors that could be attributed to the growth of the market include increasing investments in electric vehicles in India and China. Aerospace & Defense segment is followed by Automotive sector owing to increasing vehicle manufacturing production in developing markets including India, China, Iran, and Mexico.

Regional Outlook:

Asia-Pacific accounted for the major market share of advanced carbon materials in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include an increase in automotive manufacturing facilities in India, China, Thailand, and Indonesia, and growing demand for travel. Asia-Pacific would be followed by the European region in the forecast period.

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