Graphite has been witnessing increasing demand amongst the end-use industries, due to which, mining companies have been taking immense efforts in channelizing towards development and exploration of the potential graphite mines.
Future Market Insights in their recent study had predicted that there would be a healthy 6.8% CAGR growth of graphite market over the anticipated period, 2017-2027. Also, the graphite market is reached a value of approximately US$ 16,740Mn by 2017-end. Introducing effective graphite for end-users will apparently be considered as fundamental trend that supports in impelling the growth of graphite market. The report additionally provides highly favorable information, in respect to growth of graphite market, for the imminent years.
Our analysts whoever holds a significant position in the report development have made certain that they have very much provided exceptionally beneficial information regarding expansion of the graphite market, over 2027. In addition, our analysts are spending incredible efforts, to meet the increasing concerns of the market onlookers and industry benefactors with regards to graphite market across the globe.
Would you like to cite some of the most important insights based on regional landscape in the graphite market?
Certainly I would. Analysis indicates that APEJ will be dominating the graphite market in the near future. Western Europe and North America will create lucrative revenue growth opportunities for the global market in the future years. In addition, Middle East and Africa will prove highly beneficial for graphite market over the forecast period. Latin America has been contributing significantly towards overall graphite market growth since the recent past.
Can you just point out some major factors that would be responsible for significantly driving the growth of graphite market?
Well, study indicates that growing demand for the electric vehicles globally, especially in the developed countries has been significantly contributing towards growth of graphite market during the forecast period.
Is it possible for you to mention the opportunities that are paving ways for growth of graphite market?
The forecast study of graphite market by our analysts indicates that refractories will continue to create significant growth opportunities for the graphite market across the globe.
Can you just point out some major factors that would be responsible for restraining the graphite market?
Well, study indicates that China is witnessing a considerable slowdown in graphite production due to recent environmental regulations implemented by the region’s government.
Can you point out some key players that are mainly operating in the graphite market?
Yes. Of course I can. As profiled by analysts, Pingdingshan Oriental Carbon Co., Ltd., Mersen Group, SEC Carbon, Limited, Graphite India Limited, Toyo Tanso Co., Ltd., Dongguan Kaijin New Energy Technology Co., Ltd. and GrafTech International Ltd. amongst others are some key players that are mainly operating in the graphite market across the globe.
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