About Graphite Rods
Graphite Rod is a small rod which is soft, dark gray to black in nature with a greasy texture. It is a kind of carbon that is used in major applications such as in pencils, paints and majorly in electronic equipment such as electrodes, batteries, and anodes, etc. These rods comes in different size ranges from 1mm (0.04in) to 7mm (0.28in) in diameter. Rising usage of a graphite rod in consumer electronics is driving the market for graphite rod.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Graphite Rods market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Graphite Rods market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that China Vendors will contribute the maximum growth to Global Graphite Rods 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.
Imerys (France), Mersen (France), Northern Graphite Block (Canada), Focus Graphite Block (Canada), Lomiko Metals (Canada), RS Mines (Sri Lanka), Bora Bora Resources (Australia), AoYu Graphite Block (China), Qingdao Huatai (China) and Shenzhen Jinzhaohe (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Beijing Sanye (China) and Graphite Products Corp. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Graphite Rods market by Type (Purity, Ultra Purity 99.9995% and Ultra Superior Purity 99.9999%), Application (Energy Storage & Batteries, Metals, Research & Laboratory and Thin Film Deposition) and Region.
On the basis of geography, the market of Graphite Rods 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).
Influencing Trend:
Acceptance of Graphite Rod as a Drawing Pencils
Market Growth Drivers:
Growing Demand for Lithium-Ion Batteries and Fuel Cells and Increasing Usage of Graphite in Electrodes
Challenges:
Issues Related to the Sensitivity and Delicacy of These Rod Which Acts as a Challenge as Well as Driver for Some of the Applications and Insufficient Production Capacity
Restraints:
Increased Export Duty on Graphite in China
Opportunities:
Growing Usage of Graphite in Green Technologies and Rising Opportunities in New Applications of Graphite Rod
Market Leaders and their expansionary development strategies
In December 2023, Graphite India, a graphite electrodes and carbon specialty product manufacturing company has acquired a 31 percent shareholding in a Hyderabad-based battery manufacturer, Godi India. Graphite India entered a definitive agreement through a cash consideration of INR 50 crores for the investment. Through the latest acquisition, Graphite India is seeking to diversify into advanced battery technologies and energy storage systems (ESS) business.
In March 2022, Sage Fly Fishing has launched its latest model, the R8 CORE, featuring revolutionary graphite technology.
Key Target Audience
Graphite Rod Manufactures, Graphite Rod Distributors, Up and Down Stream Vendors, Private 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.