According to a new market report published by Lucintel, the future of the expandable graphite market looks attractive with opportunities in flame retardants, graphite foil & sheets, sealing & gaskets, and others. The global expandable graphite market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow with a CAGR of 8% to 10% from 2020 to 2025. The major drivers for this market are rising demand for high powered laser machine for cutting and welding, need of laser beam with high beam quality with low cost features, and growing demand for 3D printing market.
Browse 107 market data tables and 125 figures spread through 182 pages and in-depth TOC on “Global Expandable Graphite Market"
To download report brochure, please go to https://www.lucintel.com/expandable-graphite-market.aspx and click "report brochure"tab from the menu .
In this market, different types of expandable graphite such as flame retardants, graphite foil & sheets, sealing & gaskets, and others are used as product form. On the basis of comprehensive research, Lucintel forecasts that flame retardant additives will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to stringency in building codes towards the use of flame retardants.
Within the expandable graphite market, building and construction will remain the largest end use industry and it is also expected to witness the highest growth over the forecast period due to increasing global concern towards the fire safety and energy efficiency in residential and commercial buildings.
APAC will remain the largest region and it is also expected to witness highest growth over the forecast period due to increasing adaption of expandable graphite in the material processing applications and growth of the electronics and automotive industries.
Emerging trends, which have a direct impact on the dynamics of the expandable graphite industry, include development of graphene from expandable graphite for next generation battery chemistry and boron coated expandable graphite. SGL Group, NeoGraf Solution, Yichang Xincheng Graphite Co. Ltd., HP Materials Solution Inc.,Braide Graphite Group Co. Ltd,GEORG H. LUH GmbH ,Shijiazhuang ADT Carbonic Material Factory, Qingdao Black Dragon Graphite Co. Ltd. are among the major expandable graphite manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the global expandable graphite market by product form, flake size, end users, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Expandable Graphite Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global expandable graphite market by product form, flake size, end users, and region as follows:
By Product Form [$M shipment analysis from 2014 to 2025]:
Flame Retardant Additives
Graphite Foil and Sheets
Others
By Flake Size [$M shipment analysis from 2014 to 2025]:
Jumbo Flake
Medium and Large Flake
Small and Fine Flake
By End Use Industry [$M shipment analysis from 2014 to 2025]:
Building and Construction
Consumer Electronics
Chemicals
Others
By Region [$M shipment analysis for 2014 to 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
The Rest of the World
This 182-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/expandable-graphite-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.