Natural Graphite Market Set to Surge, Projected to Reach USD 24.7 Billion by 2029

In a recent analysis of the Natural Graphite Market, the industry is witnessing robust growth, with the market size reaching USD 15.5 billion in 2022 and expected to soar to USD 24.7 billion by 2029. The growth is attributed to key factors such as the rising demand for electric vehicles, renewable energy storage systems, and high-temperature materials.

Market Dynamics:

  1. Growth in the Electric Vehicle Market: The surge in electric vehicle demand is a primary driver, as natural graphite is crucial in lithium-ion batteries, the predominant energy source for EVs.

  2. Renewable Energy Storage Systems: Increasing adoption of renewable energy sources drives demand for energy storage systems, where lithium-ion batteries heavily rely on natural graphite.

  3. Steel Industry Expansion: Natural graphite plays a vital role in the steel industry as a refractory material, and the industry's growth, especially in developing countries, is propelling market demand.

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Fungicide Market Scope:

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Fungicide Market Segmentation:

by Types

1 Flake Graphite
1.2 Jumbo Flake Graphite
1.3 Large Flake Graphite
1.4 Medium Flake Graphite
1.5 Fine Flake Graphite
1.6 Vein Graphite
1.7 Amorphous Graphite

Types of Natural Graphite: There are three types of natural graphite that are extracted from naturally occurring graphite material. Amorphous graphite, flake graphite, and crystalline vein graphite are the three types. The typical process of forming amorphous graphite involves contact metamorphism between a metamorphism agent and an anthracite coal seam. In comparison to other types of natural graphite, amorphous graphite typically contains a higher amount of ash. Amorphous graphite is added to steel as a carbon raiser to give it more strength and durability.

by Mineralogy

1. Basal Pinacoid (0001)
2. Prism (1010)
3. Pyramid (1011)

According to mineralogy, natural graphite is a hexagon-shaped mineral that belongs to the 6/m2/m2/m crystal class. The {1010} prism, {1011} pyramid, and {0001} basal pinacoid are examples of common forms (crystal faces). Perfect basal cleavage, or perfect cleavage parallel to {0001}, is present in graphite. Graphite has a calculated crystallographic density of 2.26 g/cc. Two similar faces define the open form of the basal pinacoid.

by Color

1. Grey
2. Black
3.Opaque

Natural Graphite Occurrence by Colour: Trapped porosity is commonly present in natural graphite with densities lower than theoretical. Graphite is soft, has a metallic sheen, and ranges in colour from grey to black. It is also opaque to visible light, even in thin sections. It's also called black lead or plumbago in colloquial language because of its resemblance to metal lead.

by Moh Hardness

1. Moh1 = Talc
2.Moh2 = Gypsum
3.Moh10 = Diamond

Natural Graphite by Mohs Hardness: Hardness, not fracture susceptibility, measures a mineral's ability to withstand scratches. A mineral's hardness is determined by its internal bonding; the stronger the bond, the harder the mineral. The Mohs scale of hardness, which contrasts the hardness of various minerals, is used to measure mineral hardness. According to the Mohs hardness scale, diamond is a 10—the hardest mineral. Talc rates a 1 on the Mohs hardness scale due to the extremely weak atomic bonds between its atoms. Such as being flexible, non-elastic, and sectile, and having a Mohs hardness of 1-2 (Mohs 1 = talc, Mohs 2 = gypsum, and Mohs 10 = diamond).

by Source

1.Marble
2. Schist
3.Gneiss

by Properties

2 2.Metallic Properties
2.1 Thermal Conductivity
2.2 Electrical Conductivity
3 Non-Metallic Properties
3.1 Inertness
3.2 High Thermal
3.3 Resistance
3.4 Lubricity

by End-Uses

1.High-Temperature Lubricants
2. Brushes/ Electrical Motor
3. Friction Materials
4.Battery and Fuel Cells

Applications of Natural Graphite: The high-temperature lubricants, electrical motor brushes, friction materials, battery and fuel cells are some of the main applications of Natural Graphite Market. The steel industry has historically been a major consumer of natural graphite because it is used in bricks that line blast furnaces (also known as "refractories"), as a lining for ladles and crucibles, and as synthetic graphite in electrodes used in steel recycling.

by Application

4.Amorphous Graphite
4.1 Metallurgy
4.2 Coatings
4.3 Lubricants
4.4 Refractories
4.5 Paint-Production
4.6 Pencil Production
5. Crystalline Graphite
5.1 Lubricants
5.2 Powder Metallurgy
5.3 Grinding Wheels
5.4 Batteries
6 Synthetic Graphite
6.1 Aerospace Application
6.2 Carbon Brushes
6.3 Graphite Electrodes
6.4 Moderator Rods in Nuclear Power Plants
6.5 Batteries

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Fungicide Market Major Players:

1. Syrah Resources
2. GrafTech International
3. Northern Graphite
4. Mason Graphite
5. Graphite India
6. Imerys Graphite & Carbon
7. Focus Graphite
8. Triton Minerals
9. Alabama Graphite
10.SGL Carbon
11.Asbury Carbons
12.Showa Denko K.K.
13.Tokai Carbon Co. Ltd.
14.Mersen
15.Toyo Tanso Co. Ltd.
16.HEG Ltd.
17.Nippon Carbon Co. Ltd.
18.Superior Graphite
19.Qingdao Tianshengda Graphite Co. Ltd.
20.Qingdao Xinghe Graphite Co. Ltd.

Fungicide Market Regional Analysis:

As Fungicide Market tends to rapid growth within the forecast period, the MMR report is structured to support that volatility with a regional analysis of the market.

Regional market analysis helps to understand the regional potential of the industry with detailed data that shows the traditional way of business, regional opportunities, trading chains, challenges and others.

This report is the ultimate guide for a new player in the industry to know the regional market competition, challenges, and advantages, to build their strategies and plans accordingly.

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Key Questions answered in the Fungicide Market Report are:

  • What is Fungicide Market?
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  • Which region held the largest market share in the Fungicide Market?
  • What are the opportunities for the Fungicide Market?
  • What factors are affecting the Fungicide Market growth?
  • Who are the key players of the Fungicide Market?
  • Which company held the largest share in the Fungicide Market?
  • What will be the CAGR of the Fungicide Market during the forecast period?
  • What key trends are likely to emerge in the Fungicide Market in the coming years?

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