AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Compound Graphite market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Compound Graphite market to grow at a CAGR of %.
The End-User Industry, such as Aerospace, is boosting the Compound Graphite market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Compound Graphite market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Demand Is Driven Primarily By the Expanding Lithium-Ion Battery Markets.
Graphite is an allotrope of carbon in which the atoms are arranged hexagonally in two-dimensional sheets. It has many electrical uses, primarily because it is the only common non-metal that is a good conductor of electricity. Major producers of graphite include China (70%) followed by Brazil, Canada, and India. Today, roughly 90 companies in the United States consume this mineral to produce various finished products.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Compound Graphite market by Type (Natural Graphite {Flake, Vein, Microcrystalline} and Synthetic Graphite {Primary Synthetic, Secondary Synthetic, Graphite Fibers}), by Application (Refractory Material, Lubricating Material, Conductive Material and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market