About Graphite Mine
Graphite occurs in metamorphic rocks as a result of the reduction of sedimentary carbon compounds during metamorphism. Graphite is a naturally-occurring mineral that is formed when a certain amount of heat and pressure is applied to it. The minerals are a crystalline allotrope of the carbon that forms coal. Increasing demand of graphite for lithium-ion batteries and fuel cells will also act as a driver for the market
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Graphite Mine market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Alabama Graphite (Canada), American Graphite Technologies, Anson Resources (Australia), Bora Bora Resources (Australia), China Carbon Graphite Group (China), First Graphite (Australia), Focus Graphite (Canda), Global Graphene Technologies (Australia), Hexagon Resources (Australia), Leading Edge Materials (Canada) and Northern Graphite (Canada) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Ontario Graphite Ltd (Canada) and Mega Graphite Inc (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Graphite Mine market by Type (Flake Graphite, Amorphous Graphite and Others), Application (Pencil Core, Refractory Material, Conductive Material, Lubricant Material, Carbon Making, Radiation Protection Material and Others) and Region.
On the basis of geography, the market of Graphite Mine has been segmented into 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). Asia Pacific region held largest market share in the year 2023. North America, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online Distribution Channel will boost the Graphite Mine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Automotive will boost the Graphite Mine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Graphite in the Manufacturing of Structural Composite Parts Used in the Aircraft's, Increasing Demand due to usage in Refractory Material and High Adoption of Lubricant Material
Market Growth Drivers:
Rising Adoption of Graphite in Refractories due to its High Thermal Property, Rising Demand from Various End-User Industries and Upsurging Demand due to Carbon Making
Challenges:
Stringent Government Regulations Regarding the Mining Process
Restraints:
The Cost Associated with Graphite Mine
Opportunities:
Growing Application of Graphite in the Wind Energy Industry, Increasing Demand from Developed Countries and Fueling Demand from Amorphous Graphite
Market Leaders and their expansionary development strategies
In May 2019, Gratomic has launched their first graphene which is a derived product of Gratomic Graphite. The graphite is mined from Namibia which is located in their Aukum Mine. The product can be used for the manufacturing of conductive pasted and inks. The formulated product will meet the requirements of EMI shielding and printed flexible electronics market.
In January 2024, Northern Graphite Corporation announced the launch of the NGC Battery Materials Group to spearhead its mine-to-battery strategy, which would make Northern one of the sole integrated developers, producers, and processors of natural graphite outside of China.
Key Target Audience
Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.