Synthetic Graphite Market - Global Outlook and Forecast 2023-2028

Report ID: 1029895 | Published Date: Jan 2025 | No. of Page: 125 | Base Year: 2024 | Rating: 4.8 | Webstory: Check our Web story

Synthetic graphite is a man-made substance manufactured by the high temperature processing of amorphous carbon materials. The types of amorphous carbon used as precursors to graphite are many, and can be derived from petroleum, coal, or natural and synthetic organic materials. In some cases graphite can even be manufactured by the direct precipitation of graphitic carbon from pyrolysis of a carbonaceous gas such as acetylene (pyrolytic graphite). One important commonality between all graphite precursors is that they must contain carbon. Graphite is carbon, a specific form of carbon, so it can only be derived from other carbon containing substances. Although synthetic graphite can be manufactured from any number of precursor materials, the primary material used to manufacture it in the United States is petroleum coke. As noted above only certain types of carbonaceous feeds are suitable for graphite production. Therefore the petroleum coke used for the synthetic graphite industry must be carefully specified to assure it is of the type that will ultimately result in high quality graphitic carbon. The report data includes Synthetic Graphite electrode used for aluminium industry, but another product, Prebaked Consumable Carbon Anode used for the is not included. Prebaked Consumable Carbon Anodes are a specific type of anode designed for aluminium smelting using the Hall-Héroult process. The price is much lower than Synthetic Graphite electrode, and the volume is much bigger than the Graphite electrode. It is a Carbon product, not a Graphite product.
This report contains market size and forecasts of Synthetic Graphite in global, including the following market information:
Global Synthetic Graphite Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Synthetic Graphite Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Synthetic Graphite companies in 2021 (%)
The global Synthetic Graphite market was valued at 8775.9 million in 2021 and is projected to reach US$ 11120 million by 2028, at a CAGR of 3.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Graphite Electrodes Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Synthetic Graphite include GrafTech, SGL Carbon, Fangda Carbon, Showa Denko, Jilin Carbon, Graphite India, Tokai Carbon, HEG and Nippon Carbon, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Synthetic Graphite manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Synthetic Graphite Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Synthetic Graphite Market Segment Percentages, by Type, 2021 (%)
Graphite Electrodes
Carbon Fibers
Specialty Graphite
Graphite Granular & Powder
Others
Global Synthetic Graphite Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Synthetic Graphite Market Segment Percentages, by Application, 2021 (%)
Iron and Steel Industry
Battery Industry
Aluminum Industry
Industrial Components
Others
Global Synthetic Graphite Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Synthetic Graphite Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Synthetic Graphite revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Synthetic Graphite revenues share in global market, 2021 (%)
Key companies Synthetic Graphite sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Synthetic Graphite sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
GrafTech
SGL Carbon
Fangda Carbon
Showa Denko
Jilin Carbon
Graphite India
Tokai Carbon
HEG
Nippon Carbon
JSC Energoprom Management
SEC Carbon
Yangzi Carbon
Shida Carbon
Toray Carbon
Toyo Tanso
Toho Tenax Group
Mersen Group
Mitsubishi Rayon
Poco Graphite
Ibiden
Formosa Plastics Group
Hexcel
Asbury Graphite

Frequently Asked Questions
Synthetic Graphite Market In Global report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Synthetic Graphite Market In Global report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Synthetic Graphite Market In Global report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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