The Business Research Company’s Graphite Global Market Report 2021: COVID-19 Impact And Recovery To 2030
LONDON, GREATER LONDON, UK, September 27, 2021 /EINPresswire.com/ — According to the new market research report ‘Graphite Global Market Report 2021: COVID-19 Impact And Recovery’ published by The Business Research Company, the graphite market size is expected to grow from $0.4 billion in 2020 to $0.45 billion in 2021 at a compound annual growth rate (CAGR) of 12.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $0.6 billion in 2025 at a CAGR of 7%.
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The graphite market consists of sales of graphite and its compounds by entities (organizations, sole traders and partnerships) that mine graphite and its compounds which are used in refractory materials, the chemical industries, nuclear industries, electrical applications, and mechanical applications.
Trends In The Global Graphite Market
Companies involved in Graphite mining are increasingly using autonomous vehicles to increase productivity, reduce cost and increase safety. Autonomous vehicles increase efficiency by minimizing delays, reducing operating costs and eliminate mistakes by improving the accuracy and repeatability. For instance, Rio Tinto, BHP Billiton, and Fortescue Metals Group are deploying autonomous vehicles in their operations, using driverless trucks to haul ore.
Global Graphite Market Segments:
The global graphite market is further segmented based on type, application, flake size, product and geography.
By Type: Flake Graphite, Non-Flake Graphite
By Application: Refractories, Batteries, Lubricants/Crucibles, Foundry, Pencils, Others
By Flake Size: Jumbo, Large, Medium, Small, Fine
By Product: Natural Graphite, Synthetic Graphite
By Geography: The global graphite market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia-Pacific graphite market accounts for the largest share in the global graphite market.
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Graphite Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides graphite global market overviews, analyzes and forecasts market size and growth for the global graphite market, graphite global market share, graphite global market players, graphite global market segments and geographies, graphite global market’s leading competitors’ revenues, profiles and market shares. The graphite global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Graphite Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Graphite Market Organizations Covered: Graphite India Limited, Mason Graphite, SGL Carbon SE, GrafTech International Holdings Inc, Triton Minerals Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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Here is a list of reports from The Business Research Company similar to the Graphite Global Market Report 2021:
Carbon And Graphite Product Global Market Report 2021 – By Product (Carbon & Graphite Electrodes, Carbon & Graphite Fibers, Carbon & Graphite Powder), By End-User (Industrial Applications, Aerospace Applications), By Application (Logistics, Chemical, Food And Beverages), COVID-19 Impact And Recovery
Graphite Mining Global Market Report 2020 – By Type (Flake Graphite, Non-Flake Graphite), By Application (Refractories, Batteries, Lubricants/Crucibles, Foundry, Pencils), By Flake Size (Jumbo, Large, Medium, Small, Fine), By Product (Natural Graphite, Synthetic Graphite), COVID-19 Impact And Recovery
General Mineral Mining Global Market Report 2020 – By Type (General Mineral Mining, Potash Mining, Salt Mining, Magnesite Mining, Sulfur Mining, Kaolin Mining, Asbestos Mining, Feldspar Mining, Boron Mining, Gypsum Mining, Talc Mining, Graphite Mining, Baryte Mining, Bentonite Mining, Diatomite Mining, Lithium Mining, Selenium Mining, Perlite Mining, Vermiculite Mining, Arsenic Mining, Diamond Mining), By Organization Size (Large Enterprises, Small And Medium Enterprises), COVID-19 Impact
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Source: EIN Presswire