Dublin, Feb. 26, 2024 (GLOBE NEWSWIRE) -- The "Carbon and Graphite - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Carbon and Graphite Market to Reach $24.4 Billion by 2030
The global market for Carbon and Graphite estimated at US$15 Billion in the year 2022, is projected to reach a revised size of US$24.4 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030.
Carbon & Graphite Electrodes, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$10.8 Billion by the end of the analysis period. Growth in the Carbon & Graphite Fibers segment is estimated at 9.1% CAGR for the next 8-year period. 
The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 7.4% CAGR
The Carbon and Graphite market in the U.S. is estimated at US$1.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$10.1 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.2 Billion by the year 2030.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 478 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $15 Billion |
| Forecasted Market Value (USD) by 2030 | $24.4 Billion |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
MARKET OVERVIEW
- COVID-19 Impact on Global Carbon and Graphite Market
- Global Carbon & Graphite Market to Maintain Vertiginous Growth Spurt
- Segments Offering Special Thrust to Global Carbon & Graphite Market
- Asia-Pacific's Leadership Role in Global Carbon & Graphite Market
- Healthy Gains for North America & Europe
- Carbon & Graphite Market Makes Powerful Strides with Roaster of Trends & Drivers
- Graphite: At the Helm of Green Energy Revolution & Aggressive Supply Policies
- Graphite Materials: Integral Parts of De-carbonization Strategy
- Circularity & Reuse of Battery-Grade Raw Materials
- China's Stronghold & Unsustainable Production Highlight Need for New Natural Graphite Mines
- Unsustainable Production & Requirement of New Sources
- Natural & Synthetic Graphite Squeezed by Twin Issues of Supply & Carbon Footprint
- Natural Graphite: Supply Chain Issues
- European Graphite Industry Struggles with Low Focus on Investments & Diversification
- Key Drivers of the Graphite Market
- Competition
- Competitive Market Presence - Strong/Active/Niche/Trivial for 130 Players Worldwide in 2023 (E)
- Influencer Market Insights
- Everything You Ever Wanted to Know About Carbon & Graphite
- Global Graphite Volume Production by Natural Graphite and Synthetic Graphite for the Year 2023
- Recent Market Activity
- World Brands
MARKET TRENDS & DRIVERS
- Strong Demand for Activated Carbon (AC) in Water/Air Purification & Automotive Industry Bodes Well for Market Growth
- Deteriorating Quality of Water: Throws Emphasis on Water Treatment with Activated Carbon
- Worsening Indoor & Outdoor Air Quality Throws Focus on Activated Carbon for Air Purification
- Stringent Emission Norms Drives Activated Carbon Demand in the Automobile Sector
- New Opportunities Emerge for Activated Carbon During COVID-19 Pandemic
- Healthy Outlook for Steel Manufacturing Brings Cheer to Graphite Electrodes Manufacturers
- A Primary Consumer of Graphite Electrodes, Steel Industry Dictates Demand Patterns for Graphite
- Rise of Carbon Nanotube as a Marvel of Material Science & Engineering Adds Significantly to the Market's Overall Growth Momentum
- Unwavering Focus on Automotive/Aircraft Lightweighting Spurs Demand for Carbon & Graphite
- Future Fleet Expansion Plans Guided by Fuel Efficiency & Strict Emission Regulations to Benefit Demand for Lightweight Aircraft Parts & Components
- High Strength & Low Weight Benefits Drive Demand for Carbon Fibers & Recycled Carbon Fibers in Myriad Applications
- Graphite/Graphene Make New Headway in Wearable & Printed Electronics
- Graphene Ushers in an Era of Metal Free Wearables
- EVs Breathe New Life into Graphene/Graphite Demand
- Global Opportunity for Commercial EVs
- Robust Outlook for Renewable Energy Post Pandemic to Drive Demand for Carbon & Graphite in Solar Panels & Wind Turbines
- Renewables Outlook
- What Does it Mean for Graphite?
- Refractories: A Major End-Use Market for Natural Graphite
- Promising Growth from Expanding Energy Storage Applications
- Graphite Lubrication Rises in Popularity
- Carbon Footprint of Graphite & Carbon Production, Use & Disposal Causes Concerns
- Sustainable Solutions & Practices Emerge into the Forefront Amid Rising Concerns
FOCUS ON SELECT PLAYERS(Total 124 Featured)
- Amada Co., Ltd.
- Asbury Carbons
- Ampacet Corporation
- Adsorbent Carbons Pvt., Ltd.
- Aldila, Inc.
- Anaori Carbon Co., Ltd.
- ACS Material, LLC
- AMG Advanced Metallurgical Group N.V.
- Ameri-Source Specialty Products
- Actagro LLC
- BIO ECO ACTIVE S.r.l.
- BET Interactive, LLC, a wholly owned subsidiary of Black Entertainment Television LLC
- Alliance Design and Development Group, Inc.
- Arround Inc.
- Apricot Technologies Limited
For more information about this report visit https://www.researchandmarkets.com/r/ge6r1g
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
