TechNavio recognizes the following companies as the key players in the Global Graphite Market: Bogala Graphite Lanka plc, China Carbon Graphite Group Inc., Focus Graphite Inc.,Graphite India Ltd., MEGA Graphite Inc., National Graphite Corp., andOntario Graphite Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “Graphene is an allotrope of carbon, which is a very thin but strong material. It is much stronger than steel and is a super conductor. One of the applications of graphene is high speed quantum computers. The demand for graphene is increasing tremendously worldwide. There are numerous researches done in many parts of the world to know the uses and applications of graphene. As a result, the demand for graphite is expected to increase significantly during the forecast period. This is expected to support the growth of the Global Graphite market.”
According to the report, one of the major drivers in the market is the increasing use of graphite in batteries. As graphite is a good conductor, the use of graphite in batteries is increasing. Further, the increase in demand of Li-ion batteries is contributing to the growing demand for graphite. As Li-ion batteries are used in electric vehicles, its production is expected to increase significantly and hence, the demand for graphite is expected to increase during the forecast period.
Further, the report states that a major challenge is the restrictions imposed by governments across the globe, leading to a decrease in production.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-graphite-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report -Global Graphite Market 2012-2016
