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 reach $4.7 billion by 2024 with a CAGR of 10.6% from 2019 to 2024. 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”
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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.
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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.
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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 2019-2024: 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 2013 to 2024]:
- Flame Retardant Additives
- Graphite Foil and Sheets
By Flake Size [$M shipment analysis from 2013 to 2024]:
- Jumbo Flake
- Medium and Large Flake
- Small and Fine Flake
By End Use Industry [$M shipment analysis from 2013 to 2024]:
- Building and Construction
- Consumer Electronics
By Region [$M shipment analysis for 2013 to 2024]:
- North America
– United States
– United Kingdom
- Asia Pacific
- The Rest of the World
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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 email@example.com.
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.
This report answers following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the expandable graphite by product form (flame retardant additives, graphite foil and sheets, and others), by flake size (jumbo flake, medium and large flake, small and fine flake), by end use industry (building and construction, consumer electronics, chemical, others) and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity has occurred in the last 5 years?
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