North Americas Graphite Market by Product Type (Natural Graphite, Synthetic Graphite), by Application (Batteries, Steel), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

The increasing adoption of graphite as a compound for various applications such as in batteries, refractories, lubricants, etc., are significant factors expected to fuel this market over the next decade.

Market.US announces the publication of its most recently generated research report titled, “North Americas Graphite Market by Product Type (Natural Graphite, Synthetic Graphite), by Application (Batteries, Steel), which offers a holistic view of the North Americas Graphite Market through systematic segmentation that covers every aspect of the target market.

North Americas Graphite Market is projected to be US$ 2,351.6 Mn in 2021 to reach US$ 4,691.7 Mn by 2031 at a CAGR of 7.3%.

Graphite, also known as black lead, has a layered structure consisting of six carbon atoms. It is a mineral made out of stacked sheets of carbon atoms with a hexagonal crystal structure. It has a 2D layer-like structure and is the steadiest type of pure carbon under standard conditions.

Graphite is exceptionally delicate, has low specific gravity, is generally non-reactive, and has high electrical and thermal conductivity. The C-C bond length is 0.142 nm inside the layer, and the C-C distance between the two layers is 0.34 nm. Graphite is utilized for making metallurgical crucibles.

Because of its high resistance to heat and unchangeability, graphite is a broadly utilized refractory material. It is utilized in the manufacturing industry, and it helps in the production of glass and steel, as well as the processing of iron. This is a significant factor that is projected to boost the economic trajectory of the graphite market over the forecast period.

Graphite is the primary component of pencils; whose demand is never-ending. Increasing advancements in technologies for battery production and automotive industries subsequently have boosted the necessity of graphite. This factor is expected to complement the further expansion of the graphite market across the region of North America.

North Americas Graphite Market Revenue (US$ Mn), 2021–2031

Graphite as a prevalent anode for sodium-ion batteries and in the Li-ion battery industry, which has been continually expanding, particular over the last thirty years, due to the consistently developing sector for versatile electronic devices which have significant applications in the automotive, aerospace, as well as the energy & power industry. This is major factor that is expected to create additional opportunities for market growth in the coming years.

North Americas Graphite Market Attractiveness Analysis by Product Type, 2015–2031

The segmentation of the graphite market in North America has been achieved accordingly – by product type, application, & country. Based on product type market segmentation, this industry is further bifurcated into natural graphite and synthetic graphite, the synthetic graphite sub-segment is expected to account for a majority revenue share of this target industry. The applications segmented of graphite market in North America is further divided into batteries and steel.

In terms of ‘application’ market segmentation, the steel sub-segment is expected to generate a majority revenue share over the forecast period, however, batteries segment is projected to register highest CAGR amongst the two sub-segment. On the basis of country, North America is divided into The US, Canada & Mexico markets, the market in the US is projected to account for the majority revenue share of the North America Graphite market, and this sub-segment is anticipated to maintain its respective market position over the forecast period.

The research report on the North America graphite market includes profiles of some of the major companies such as

• Elkem ASA
• GrafTech International Ltd.
• SGL Carbon SE
• Asbury Carbons Inc
• Superior Graphite
• BariteWorld
• NYACOL Nano Technologies Inc.
• HPMS Graphite
• Carbon Graphite Materials Inc
• Graphite Central
• others

The Graphite Market in North America’s Market Segmentation is Based on Product Type, Application, and Country:

Based on Product Type:

• Natural Graphite
• Synthetic Graphite

Based on Application:

• Batteries
• Steel

Based on Country:

• The US
• Canada
• Mexico

For the North America Graphite Market research study, the following years have been considered to estimate the market size: