Graphite

Graphite

Overview

Graphite is a naturally occurring mineral made up of carbon atoms. It is commonly used in a variety of industries, including aerospace, electronics, and energy. The global graphite market is expected to grow significantly in the coming years, with major companies such as Graphite India Limited, Mason Graphite, SGL Carbon SE, GrafTech International Holdings Inc, and Triton leading the way.

Applications

Graphite has a wide range of applications due to its unique properties. It is an excellent conductor of electricity and heat, making it ideal for use in electronics and batteries. It is also highly resistant to heat and chemicals, making it suitable for use in high-temperature applications such as refractories and crucibles. Additionally, graphite is used as a lubricant, in the production of steel, and as a component in brake linings.

Market Outlook

The global graphite market is expected to grow at a CAGR of 5.2% from 2018 to 2023. The increasing demand for graphite in the aerospace and automotive industries is driving the growth of the market. Additionally, the growing demand for lithium-ion batteries, which use graphite as a key component, is further fueling the market growth. Asia-Pacific is the largest market for graphite, with China being the largest producer and consumer of the mineral. In conclusion, graphite is a versatile mineral with a wide range of applications. The global graphite market is expected to grow significantly in the coming years, with major companies leading the way. As demand for graphite continues to increase, the market is poised for continued growth and innovation.