According to the study, Growing Research on Applications of Synthetic Graphite is one of the primary growth factors for the market. Need of Synthetic Graphite in Batteries and Other Energy Storages is also expected to contribute significantly to the Synthetic Graphite market. Overall, Energy Storage applications of Synthetic Graphite, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as BTR New Energy Materials Inc. (China), SGL Carbon SE (Germany), Mersen (France), Asbury Carbons (United States), XRD Graphite Manufacturing Co., Ltd (China), Nippon Graphite Industries (Japan), Tokai Carbon Co. (Japan), Toray Industries (Japan), Toho Tenax (Japan) and Mitsubishi Rayon Co. (Japan) pushing strong cash flow in Market which is also a key in driving revenue growth.

AMA’s Analyst on the Global Synthetic Graphite market identified that the demand is rising in many different parts of the world as "Rise of Solar Industry Will Boost the Demand of Synthetic Graphite ". Furthermore, some recent industry insights like "In April 2021, the lithium-ion battery manufacturing plant of Epsilon Advanced Materials opened in one of India's southern states. Epsilon Carbon's subsidiary is responsible for the new factory. Epsilon Carbon is India's largest coal carbon group, which has recently expanded into the battery content industry. It has shifted its focus to developing and manufacturing high-performance carbon materials for lithium-ion battery anode components." is constantly making the industry dynamic. One of the challenges that industry facing is "High-Cost Associated with Production of Synthetic Graphite and Recent Advancements in Purification of Natural Graphite Posing Challenge in Front Of Synthetic Graphite Manufacturers"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Synthetic Graphite market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Synthetic Graphite market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Synthetic Graphite market tight?
• Which application/end-user category or Product Type [Graphite Electrodes, Carbon Fibers, Specialty Graphite, Graphite Granular & Powder and Others] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Synthetic Graphite market and other related sub-markets covered in the study.

o Key & emerging players in the Synthetic Graphite market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Synthetic Graphite market size is calculated using market estimation process, the Synthetic Graphite market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Synthetic Graphite market size has been validated using both top-down and bottom-up approaches.