Graphite Market Insights, Deep Analysis of Key Vendor in the Industry -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.