팽창성 흑연 세계 시장 규모는 2023년 2억 2,843만 달러로 평가되었고, 2029년까지 연평균 3.29%의 견조한 성장세를 보일 것으로 예상됩니다.
천연 흑연의 일종인 팽창성 흑연은 독특한 물리적, 화학적 특성으로 인해 최근 몇 년동안 큰 주목을 받고 있습니다. 이 시장 개요는 세계 팽창성 흑연 시장을 형성하는 역학, 주요 요인, 도전 과제 및 기회를 심층적으로 살펴봅니다. 전 세계 산업이 혁신과 적응을 거듭하면서 팽창성 흑연은 다양한 분야에서 점점 더 중요한 역할을 하고 있습니다. 팽창성 흑연은 플레이크 흑연을 원료로 하는 비 할로겐계 난연제입니다. 고온에 노출되면 급격히 팽창하여 부피가 크게 증가합니다. 열전도율, 전기적 특성 및 팽창성이 우수하여 다양한 산업 분야에서 사용되고 있습니다.
| 시장 개요 | |
|---|---|
| 예측 기간 | 2025-2029년 |
| 시장 규모 : 2023년 | 2억 2,843만 달러 |
| 시장 규모 : 2029년 | 2억 7,705만 달러 |
| CAGR : 2024-2029년 | 3.29% |
| 급성장 부문 | 흑연 호일 및 시트 |
| 최대 시장 | 아시아태평양 |
팽창성 흑연에 대한 수요는 몇 가지 요인으로 인해 급증하고 있습니다. 난연성으로 인해 안전과 규정 준수가 최우선 순위인 응용 분야에 적합합니다. 또한, 친환경적이고 지속 가능한 소재에 대한 관심이 높아지면서 팽창성 흑연 시장이 크게 성장하고 있습니다. 산업계가 환경 문제로 인해 할로겐계 난연제에서 벗어나고 있는 가운데, 팽창성 흑연은 지속 가능하고 효과적인 대안으로 떠오르고 있습니다. 특히 아시아태평양의 전자 및 자동차 부문이 시장 성장에 크게 기여하고 있습니다. 기술이 발전하고 가볍고 효율적이며 안전한 소재에 대한 수요가 증가함에 따라 팽창성 흑연에 대한 관심도 비례하여 증가하고 있습니다. 이 소재는 열전도율이 뛰어나 전기자동차의 부상으로 급성장하고 있는 배터리 기술에서 매력적인 선택이 되고 있습니다. 중국은 여전히 세계 팽창성 흑연 시장의 강국으로, 전 세계 흑연 생산량의 상당 부분을 차지하고 있습니다. 환경적 지속가능성을 강조하는 중국 정부의 규제는 환경 친화적인 팽창성 흑연에 대한 수요를 더욱 자극하고 있습니다.
팽창성 흑연 시장은 빠르게 성장하고 있지만, 도전과제가 없는 것은 아닙니다. 주요 과제 중 하나는 원자재 가격의 변동입니다. 팽창성 흑연의 생산은 천연 흑연에 크게 의존하기 때문에 가격 변동은 시장의 안정성에 영향을 미칠 수 있습니다. 또한 팽창성 흑연은 환경 친화적이지만 채굴 작업은 종종 환경 문제를 야기합니다. 천연 흑연의 채굴 및 가공은 서식지 파괴 및 기타 환경 문제로 이어질 수 있습니다. 마지막으로, 시장은 다른 비 할로겐 난연제와의 경쟁에 직면 해 있습니다. 이 분야의 연구 개발이 진행됨에 따라 신소재와 신기술은 팽창성 흑연 시장 지배력에 도전이 될 수 있습니다. 이러한 도전에도 불구하고, 세계 팽창성 흑연 시장에는 많은 성장 기회가 있습니다.
그 중 하나가 바로 친환경 건축 분야입니다. 지속 가능한 건축자재에 대한 관심이 높아지면서 팽창성 흑연의 내열성 및 난연성은 단열재 및 기타 건축자재의 유력한 후보로 떠오르고 있습니다. 또한, 에너지 저장 솔루션, 특히 태양광 및 풍력 등 재생 에너지 분야 수요 증가는 팽창성 흑연의 성장 경로를 제공합니다. 팽창성 흑연의 열전도율은 효율적인 에너지 전달 및 저장을 보장하는 배터리 기술에 필수적입니다. 마지막으로, 자동차 경량화 솔루션의 추진도 성장의 기회가 될 수 있습니다. 자동차 제조업체들이 연비 효율을 높이기 위해 노력하는 가운데, 팽창성 흑연과 같이 무게를 늘리지 않으면서도 강도를 제공하는 소재는 매우 유용합니다. 아시아태평양, 특히 중국이 생산과 수요 측면에서 세계 팽창성 흑연 시장을 독점하고 있습니다. 그러나 유럽과 북미도 이에 뒤지지 않습니다.
유럽 시장은 엄격한 환경 규제와 탄탄한 자동차 부문에 힘입어 팽창성 흑연에 대한 수요가 꾸준히 증가하고 있습니다. 재생 가능 에너지 부문이 확대되고 친환경 건축이 강조되고 있는 북미도 큰 성장 잠재력을 가지고 있습니다. 요약하면, 세계 팽창성 흑연 시장은 상당한 성장을 이룰 것으로 보입니다. 기술 발전과 환경적 지속가능성이라는 두 가지 힘에 힘입어 그 궤도는 상승세를 보일 것으로 보입니다. 원자재 가격 및 환경 문제 등 여전히 남아 있지만, 친환경 건설, 에너지 저장 및 경량 자동차 솔루션의 수많은 기회가 이를 상쇄하고 있습니다.
아시아태평양, 특히 중국을 필두로 한 세계 시장 상황은 여전히 역동적입니다. 그러나 유럽과 미국 산업계가 환경 친화적 인 솔루션을 우선시하고 혁신을 계속하고 있기 때문에 팽창성 흑연의 역할은 점점 더 커질 것입니다. 독특한 특성과 광범위한 응용 분야를 가진이 소재는 전 세계 다양한 산업의 미래를 형성하고 있다는 것은 의심의 여지가 없습니다.
전자 및 자동차 산업 수요 증가가 팽창성 흑연 시장 성장의 주요 요인으로 작용하고 있습니다.
에너지 저장 솔루션으로 팽창성 흑연의 인기가 높아지면서 팽창성 흑연 시장 수요를 주도하고 있습니다.
우호적인 환경 규제 및 지속가능성 정책
공급망의 혼란
원자재 가격 변동
효율적이고 비용 효율적인 재활용 방법의 개발
지속가능하고 친환경적인 건축자재에 대한 관심이 높아지고 있습니다.
Global Expandable Graphite Market was valued at USD 228.43 million in 2023 and is anticipated to project robust growth in the forecast period to reach with a CAGR of 3.29% through 2029. Expandable graphite, a variant of natural graphite, has garnered significant attention in recent years due to its unique physical and chemical properties. This market overview will delve into the dynamics, key factors, challenges, and opportunities shaping the global expandable graphite market. As industries worldwide continue to innovate and adapt, expandable graphite plays an increasingly crucial role across diverse sectors. Expandable graphite, derived from flake graphite, is a non-halogenated flame retardant. When exposed to high temperatures, it expands dramatically, resulting in a large-scale volume increase. Owing to its excellent thermal conductivity, electrical properties, and expandability, it has found applications across various industries.
| Market Overview | |
|---|---|
| Forecast Period | 2025-2029 |
| Market Size 2023 | USD 228.43 Million |
| Market Size 2029 | USD 277.05 Million |
| CAGR 2024-2029 | 3. 29% |
| Fastest Growing Segment | Graphite Foil & Sheets |
| Largest Market | Asia Pacific |
The demand for expandable graphite has surged due to several factors. Its flame-retardant properties make it desirable in applications where safety and regulatory compliance are paramount. Furthermore, the increasing focus on green and sustainable materials has provided a significant boost to the expandable graphite market. As industries move away from halogenated flame retardants due to their environmental concerns, expandable graphite emerges as a sustainable and effective alternative. The electronics and automotive sectors, particularly in the Asia-Pacific region, are major contributors to the market's growth. As technology advances and the demand for lightweight, efficient, and safe materials rises, expandable graphite's prominence grows proportionally. The material's excellent thermal conductivity has made it an attractive choice in battery technologies, a sector witnessing exponential growth due to the rise of electric vehicles. China remains a powerhouse in the global expandable graphite market, accounting for a substantial portion of the global graphite production. The Chinese government's regulations, emphasizing environmental sustainability, have further stimulated the country's demand for eco-friendly expandable graphite.
While the expandable graphite market is burgeoning, it is not devoid of challenges. One of the primary challenges is the volatility in raw material prices. Since the production of expandable graphite relies heavily on natural graphite, fluctuations in its price can impact the market's stability. Furthermore, although expandable graphite is eco-friendly, mining operations often raise environmental concerns. The extraction and processing of natural graphite can lead to habitat disruption and other environmental issues. Finally, the market faces competition from other non-halogenated flame retardants. As research and development in this sector continue, new materials and technologies could pose challenges to expandable graphite's market dominance. Despite these challenges, the global expandable graphite market offers numerous growth opportunities.
One significant area of potential is in the realm of green construction. With the growing emphasis on sustainable building materials, expandable graphite's thermal and flame-retardant properties make it a prime candidate for insulation and other construction materials. Furthermore, the rising demand for energy storage solutions, especially in renewable energy sectors like solar and wind, provides an avenue for expandable graphite's growth. Its thermal conductivity makes it essential in battery technologies, ensuring efficient energy transfer and storage. Finally, the push towards lightweight automotive solutions offers another growth opportunity. As vehicle manufacturers seek to enhance fuel efficiency, materials like expandable graphite that offer strength without adding significant weight are invaluable. The Asia-Pacific region, particularly China, dominates the global expandable graphite market in terms of production and demand. However, Europe and North America are not far behind.
The European market, driven by stringent environmental regulations and a robust automotive sector, has seen steady growth in demand for expandable graphite. North America, with its expanding renewable energy sector and emphasis on green construction, also presents significant growth potential. In summation, the global expandable graphite market is poised for substantial growth. Driven by the twin forces of technological advancement and environmental sustainability, its trajectory seems upward bound. While challenges related to raw material pricing and environmental concerns persist, they are counterbalanced by the myriad opportunities in green construction, energy storage, and lightweight automotive solutions.
The global market landscape remains dynamic, with the Asia-Pacific region, especially China, at the forefront. However, as industries across Europe and North America continue to innovate and prioritize eco-friendly solutions, expandable graphite's role is set to grow. This material, with its unique properties and wide-ranging applications, is undoubtedly shaping the future of multiple industries worldwide.
Key Market Drivers
Rising Demand from Electronics and Automotive Industries is Major Factor for Expandable Graphite Market Growth
The global expandable graphite market is experiencing robust growth, with one of the primary driving forces being the rising demand from the electronics and automotive industries. Expandable graphite, a unique form of graphite that can expand when heated, has found a multitude of applications in these sectors due to its exceptional properties, effectively driving the expansion of the global market.
In the electronics industry, the demand for expandable graphite is propelled by its remarkable thermal management capabilities. Modern electronic devices, such as smartphones, laptops, and high-performance computer servers, generate significant heat during operation. Efficient thermal management is crucial to prevent overheating and ensure the longevity and reliability of these devices. Expandable graphite, when incorporated into materials like thermal interface pads and films, serves as an effective heat dissipation solution. As the electronics industry continually pushes the boundaries of performance and miniaturization, the demand for expandable graphite-based thermal management solutions is on the rise.
Additionally, expandable graphite's flame-retardant properties make it an essential component in electronic devices, especially in applications where fire safety is paramount. It is commonly used as a fire-resistant additive in polymer materials, effectively preventing the spread of flames in case of a fire. As safety standards become more stringent, particularly in the automotive and electronics industries, the use of expandable graphite as a flame-retardant material is gaining momentum.
In the automotive industry, expandable graphite is emerging as a critical component for battery technology. With the rapid growth of electric vehicles (EVs) and hybrid vehicles, the demand for high-performance batteries is soaring. Expandable graphite is used as an anode material in lithium-ion batteries, enhancing their energy storage capacity and overall performance. As automakers invest heavily in the development of electric vehicles to reduce greenhouse gas emissions, the demand for expandable graphite in battery manufacturing is expected to continue its upward trajectory.
Furthermore, the automotive industry relies on expandable graphite in other applications such as gaskets and seals. Expandable graphite's ability to expand and form a tight seal under high-temperature conditions makes it ideal for automotive gaskets, ensuring leak-free performance in engines and exhaust systems. This durability and resilience under extreme conditions contribute to its growing usage in automotive manufacturing.
Collaborative efforts between material scientists, automotive manufacturers, and electronics companies have been instrumental in advancing the development and application of expandable graphite. Research and development initiatives aim to optimize the production processes and explore new applications for this versatile material.
Growing Popularity of Expandable Graphite as Energy Storage Solutions Drives the Demand for Expandable Graphite Market
The Expandable Graphite market is witnessing a surge in demand, largely driven by the growing popularity of Expandable Graphite over the traditional wet winding process. Expandable Graphite, a composite material composed of carbon fiber tows impregnated with a resin matrix, has gained prominence across various industries due to its numerous advantages over wet winding.
One of the primary factors contributing to the preference for Expandable Graphite is its superior consistency and quality control. In wet winding, the resin is applied manually or with automated equipment, which can result in variations in resin distribution and fiber wet-out. In contrast, Expandable Graphite is manufactured using a controlled and automated process, ensuring uniform resin impregnation throughout the material. This consistency leads to predictable mechanical properties and enhanced performance in applications where precision and reliability are critical.
Furthermore, the reduction in material waste is a significant driver for the growing popularity of Expandable Graphite. In the wet winding process, excess resin is often used to ensure adequate impregnation of the fibers. This excess resin can lead to increased weight and cost, as well as potential environmental concerns related to excess resin disposal. Expandable Graphite minimizes resin waste since it is precisely impregnated, resulting in a higher fiber-to-resin ratio and, consequently, lighter and more cost-efficient composite products.
Another advantage of Expandable Graphite is its ease of handling and reduced labor costs. Wet winding typically involves multiple steps, including the application of resin, winding, and curing, which can be labor-intensive and time-consuming. Expandable Graphite, on the other hand, is ready to use and can be cut and shaped as needed for specific applications. This simplifies manufacturing processes and reduces the need for skilled labor, ultimately lowering production costs.
Moreover, the controlled resin content in Expandable Graphite translates into improved mechanical properties and performance. The precise control over resin content allows for the development of composite materials with tailored characteristics, such as enhanced strength, stiffness, and fatigue resistance. These properties are particularly valuable in industries where high-performance materials are required, including aerospace, automotive, and sporting goods.
The aerospace industry has been a significant driver of the growing popularity of Expandable Graphite. Aircraft manufacturers have increasingly adopted Expandable Graphite composites for their lightweight and high-strength properties. Expandable Graphite materials are used in various aerospace applications, such as aircraft components, interiors, and structural parts, where weight reduction and durability are critical factors for fuel efficiency and safety.
Furthermore, the automotive sector has embraced Expandable Graphite for its potential to reduce vehicle weight and improve fuel efficiency. As the automotive industry shifts toward electric vehicles and strives to meet stricter emissions regulations, lightweight materials like Expandable Graphite are essential for achieving these goals.
Favorable Environmental Regulations and Sustainability Policy
The global expandable graphite market is experiencing significant growth, largely propelled by favorable environmental regulations and sustainability policies implemented by governments and industries worldwide. Expandable graphite, a versatile and eco-friendly material, has gained prominence in various sectors due to its alignment with stringent environmental standards and its potential to contribute to sustainability goals, effectively driving the expansion of the global market.
One of the primary factors driving the demand for expandable graphite is its role in reducing the environmental impact of industrial processes. Many industries, including steel manufacturing and foundries, employ expandable graphite as an effective and eco-friendly insulating material for high-temperature applications. By using expandable graphite, these industries can reduce energy consumption and greenhouse gas emissions during heating processes. This aligns with environmental regulations aimed at curbing emissions and promoting energy-efficient practices, ultimately driving the demand for expandable graphite.
Furthermore, expandable graphite serves as an important component in fire-resistant materials. It is often incorporated into products such as fireproof coatings, gaskets, and seals, which are essential for ensuring fire safety in various industries, including construction, transportation, and manufacturing. Compliance with stringent fire safety regulations and sustainability policies has led to increased adoption of expandable graphite in fire-resistant applications.
The transportation sector, which includes automotive, aerospace, and maritime industries, has also witnessed the growing use of expandable graphite as a result of sustainability policies. Governments around the world are imposing stricter emissions standards to combat air pollution and mitigate climate change. This has prompted automakers to explore lightweight materials like expandable graphite, which can help improve fuel efficiency and reduce emissions in vehicles. As electric vehicles (EVs) become more prevalent, expandable graphite's role in lithium-ion batteries, which power many EVs, is contributing to the reduction of greenhouse gas emissions in the transportation sector.
In the construction industry, sustainability policies and green building initiatives have driven the demand for energy-efficient and eco-friendly materials. Expandable graphite is used as an additive in insulation materials and fireproof coatings, contributing to the development of environmentally friendly building solutions that meet energy efficiency standards and sustainability certifications.
Additionally, the energy storage sector has seen a surge in demand for expandable graphite due to the increased focus on renewable energy sources and grid stability. Energy storage systems, including lithium-ion batteries and supercapacitors, benefit from expandable graphite's thermal management properties, which enhance their efficiency and safety. Governments and utilities are incentivizing the adoption of energy storage solutions to integrate renewable energy sources into the grid and ensure a more reliable and sustainable energy supply.
Collaborations between governments, regulatory bodies, industries, and research institutions have played a pivotal role in advancing the use of expandable graphite in compliance with environmental regulations and sustainability policies. These partnerships facilitate research and development initiatives aimed at optimizing production processes, improving material properties, and exploring new applications for expandable graphite.
Key Market Challenges
Supply Chain Disruptions
Supply chain disruptions have emerged as a significant hindrance to the growth of the global Expandable Graphite market. Expandable Graphite, a versatile and flame-retardant material, finds applications in various industries, including construction, automotive, and electronics. However, its production heavily relies on a complex global supply chain, from the mining of natural graphite to the manufacturing of expandable graphite products.
The market's vulnerability to disruptions became glaringly apparent during the COVID-19 pandemic, with lockdowns, transportation bottlenecks, and labor shortages disrupting the flow of raw materials and finished goods. Even beyond pandemic-related challenges, factors like geopolitical tensions, trade restrictions, and climate-related disruptions can impact the availability and cost of essential resources.
To overcome these obstacles, the Expandable Graphite market needs to invest in supply chain resilience, diversification, and contingency planning. This includes exploring alternative sources of graphite, improving logistics, and adopting digital technologies for enhanced visibility and agility. By addressing these supply chain disruptions, the Expandable Graphite market can fortify its growth prospects and continue to meet the increasing demand for fire-resistant and thermally insulating materials in various industries.
Raw Material Price Volatility
The global Expandable Graphite market faces a substantial impediment in the form of raw material price volatility. Expandable Graphite, a valuable flame-retardant material, relies on natural graphite as its primary feedstock. However, the prices of natural graphite have been subject to erratic fluctuations due to various factors, including supply and demand dynamics, geopolitical tensions, and environmental regulations.
The unpredictability of natural graphite prices poses a significant challenge for both producers and consumers in the Expandable Graphite market. Sudden spikes in raw material costs can squeeze profit margins and increase uncertainty for manufacturers, making it challenging to offer competitive pricing to end-users. Additionally, price volatility can deter potential investors and hinder long-term planning for expansion and development within the industry.
To mitigate these challenges, stakeholders in the Expandable Graphite market must focus on diversifying sources of natural graphite, investing in research and development to improve material efficiency, and exploring sustainable mining practices. By addressing the issue of raw material price volatility, the market can enhance stability, attract investment, and support the continued growth and adoption of Expandable Graphite in various applications, including fireproofing and thermal insulation.
Key Market Trends
Developing Efficient and Cost-Effective Recycling Methods
The global Expandable Graphite market is undergoing a transformation driven by the key trend of developing efficient and cost-effective recycling methods. Expandable Graphite, a versatile material known for its unique ability to expand when exposed to high temperatures, is widely used in various industries, including construction, fire safety, and energy storage. However, the production and disposal of Expandable Graphite can pose environmental challenges.
Efforts to create sustainable practices have led to the development of recycling techniques that not only reduce waste but also conserve resources. These methods aim to recover and reprocess Expandable Graphite materials from end-of-life products, manufacturing waste, and industrial byproducts. By doing so, they reduce the need for virgin materials and lower the environmental impact of Expandable Graphite production. Furthermore, cost-effective recycling methods have the potential to make Expandable Graphite more economically viable for a broader range of applications. This affordability can stimulate market growth by opening new possibilities in industries where cost considerations have been a limiting factor.
In conclusion, the emergence of efficient and cost-effective recycling methods represents a pivotal trend in the global Expandable Graphite market. As sustainability and resource conservation become increasingly important, these methods are poised to drive both environmental responsibility and economic viability within the industry, ultimately fostering its growth and diversification across various sectors.
Growing Emphasis on Sustainable and Green Construction Materials
A significant trend shaping the global Expandable Graphite market is the growing emphasis on sustainable and green construction materials. As the world becomes increasingly conscious of environmental concerns and the need for eco-friendly building practices, Expandable Graphite has emerged as a valuable component in this transformation.
Expandable Graphite, with its remarkable fire-retardant properties and thermal insulation capabilities, aligns perfectly with the demand for sustainable construction materials. Its ability to enhance the fire resistance and energy efficiency of buildings is highly attractive to architects, builders, and developers aiming to meet stringent environmental standards and regulations.
Furthermore, the use of Expandable Graphite in construction materials contributes to improved indoor air quality, reduced energy consumption, and decreased greenhouse gas emissions, all of which are critical factors in sustainable building design. As a result, it is increasingly being incorporated into insulation materials, gypsum boards, and coatings, among other applications.
The emphasis on green construction materials is not only a response to environmental concerns but also a reflection of changing consumer preferences and regulatory mandates worldwide. Therefore, the adoption of Expandable Graphite in the construction industry is expected to rise significantly, driving growth in the global market as it supports the broader goals of sustainability and eco-consciousness in the construction sector.
Segmental Insights
Product Form Insights
Based on the product form, the Flame Retardant Additives segment emerged as the dominant segment in the global market for Expandable Graphite. Stringent fire safety regulations and standards exist across various industries, including construction, automotive, electronics, and textiles. Flame retardant additives, often incorporating expandable graphite, are crucial in meeting these regulations. These additives inhibit or delay the spread of flames, making them an essential component in fire safety.
The construction sector is one of the largest consumers of flame-retardant additives. Expandable graphite, when incorporated into building materials like insulation foams, drywall, and coatings, enhances fire resistance. Given the importance of fire safety in construction, there is a consistent demand for flame retardant additives. Electronic devices and electrical equipment are susceptible to overheating and fire risks. Flame retardant additives, including expandable graphite, are used in the production of components like circuit boards, cables, and connectors to reduce the risk of fire-related incidents.
The automotive industry also requires flame retardant materials to enhance vehicle safety. Expandable graphite can be found in automotive components like interior panels, seat cushions, and wiring harnesses, contributing to fire protection in vehicles.
End User Industry Insights
The Consumer Electronics segments are projected to experience rapid growth during the forecast period. Consumer electronics, such as smartphones, laptops, tablets, and other portable devices, are prone to overheating and fire risks due to the presence of batteries and electronic components. Expandable Graphite is widely used as a flame-retardant additive in the production of plastics, foams, and coatings used in these devices. It enhances fire safety by inhibiting the spread of flames and reducing the risk of fires, which is crucial for consumer electronics' safety and compliance with regulations.
Consumer electronics manufacturers prioritize lightweight and compact designs to enhance portability and aesthetics. Expandable Graphite offers a lightweight fire protection solution that doesn't add significant weight or bulk to the devices. This aligns with the industry's preference for slim and lightweight product designs. Consumer electronics must meet strict safety standards and regulations worldwide. Expandable Graphite helps manufacturers comply with these regulations by improving the fire resistance of electronic casings and components. Regulatory bodies often mandate specific fire safety requirements for electronic devices.
Expandable Graphite also has excellent thermal conductivity properties. In addition to its fire-retardant qualities, it can help dissipate heat generated by electronic components. This is crucial for maintaining optimal operating temperatures and preventing overheating in consumer electronics.
Regional Insights
The Asia-Pacific region currently holds a dominant position in the expandable graphite market, both in terms of market share and revenue. This trend is expected to persist and continue throughout the forecast period. The region's stronghold is attributed to several key factors, including the increasing adoption of expandable graphite in materials processing applications and the remarkable growth of the electronics and automotive industries in China.
China, in particular, plays a pivotal role in driving the regional growth and global expandable graphite market. It stands as the global leader in both expanded graphite production and graphite mining. As of 2020, China's graphite production reached approximately 820,000 metric tons, solidifying its position as a major contributor to the worldwide graphite supply. In fact, China currently accounts for a substantial 70% to 80% of the global graphite production.
Furthermore, the Chinese government has implemented stringent environmental regulations, including the ban on traditional brominated flame retardants. This regulatory stance is expected to drive the demand for environmentally safe expandable graphite in the country. As a result, China's commitment to eco-friendly practices is anticipated to further stimulate the growth of the expandable graphite market in the region and globally.
SGL Group
NeoGraf Solution
Yichang Xincheng Graphite Co. Ltd.
HP Materials Solution Inc.
Braide Graphite Group Co. Ltd.
GEORG H. LUH GmbH
Shijiazhuang ADT Carbonic Material Factory
Qingdao Black Dragon Graphite Co. Ltd
In this report, the Global Expandable Graphite Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Expandable Graphite Market.
Global Expandable Graphite market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Detailed analysis and profiling of additional market players (up to five).