Synthetic Graphite Market, Global Outlook and Forecast 2024-2030
The global Synthetic Graphite market was valued at US$ 1.9 billion in 2023 and is projected to reach US$ 2.7 billion by 2030, at a CAGR of 5.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Synthetic Graphite market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Synthetic Graphite market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Synthetic Graphite market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Global synthetic graphite key players include Showa Denko, GrafTech, Fangda Carbon, Jilin Carbon and Graphite India. Global top five manufacturers hold a share about 44%. In terms of product, graphite electrodes is the largest segment, with a share about 54%. And in terms of application, the largest application is iron and steel industry, with a share about 67%.
Synthetic Graphite is a man-made substance manufactured by the high temperature processing of amorphous carbon materials. The types of amorphous carbon used as precursors to graphite are many, and can be derived from petroleum, coal, or natural and synthetic organic materials. In some cases graphite can even be manufactured by the direct precipitation of graphitic carbon from pyrolysis of a carbonaceous gas such as acetylene (pyrolytic graphite). One important commonality between all graphite precursors is that they must contain carbon. Graphite is carbon, a specific form of carbon, so it can only be derived from other carbon containing substances. Although Synthetic Graphite can be manufactured from any number of precursor materials, the primary material used to manufacture it in the United States is petroleum coke. As noted above only certain types of carbonaceous feeds are suitable for graphite production. Therefore the petroleum coke used for the Synthetic Graphite industry must be carefully specified to assure it is of the type that will ultimately result in high quality graphitic carbon.
This report aims to provide a comprehensive presentation of the global market for Synthetic Graphite, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Synthetic Graphite. This report contains market size and forecasts of Synthetic Graphite in global, including the following market information:
- Global Synthetic Graphite Market Revenue, 2019-2024, 2025-2030, ($ millions)
- Global Synthetic Graphite Market Sales, 2019-2024, 2025-2030, (K MT)
- Global top five Synthetic Graphite companies in 2023 (%)
We surveyed the Synthetic Graphite manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Synthetic Graphite Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K MT)
Global Synthetic Graphite Market Segment Percentages, by Type, 2023 (%)
- Graphite Electrodes
- Carbon Fibers
- Specialty Graphite
- Graphite Granular & Powder
- Others
Global Synthetic Graphite Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K MT)
Global Synthetic Graphite Market Segment Percentages, by Application, 2023 (%)
- Iron and Steel Industry
- Battery Industry
- Aluminum Industry
- Industrial Components
- Others
Global Synthetic Graphite Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K MT)
Global Synthetic Graphite Market Segment Percentages, By Region and Country, 2023 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Synthetic Graphite revenues in global market, 2019-2024 (Estimated), ($ millions)
- Key companies Synthetic Graphite revenues share in global market, 2023 (%)
- Key companies Synthetic Graphite sales in global market, 2019-2024 (Estimated), (K MT)
- Key companies Synthetic Graphite sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
- GrafTech
- Fangda Carbon
- Showa Denko
- Jilin Carbon
- Graphite India
- Tokai Carbon
- HEG
- Nippon Carbon
- Datong Xincheng New Material Co., Ltd
- SEC Carbon
- Toray Carbon
- Toyo Tanso
- Teijin (Toho Tenax)
- Mersen Group
- Ibiden
- Asbury Graphite
Outline of Major Chapters:
Chapter 1: Introduces the definition of Synthetic Graphite, market overview.
Chapter 2: Global Synthetic Graphite market size in revenue and volume.
Chapter 3: Detailed analysis of Synthetic Graphite manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Synthetic Graphite in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Synthetic Graphite capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Table of content
1 Introduction to Research & Analysis Reports
1.1 Synthetic Graphite Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Synthetic Graphite Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Synthetic Graphite Overall Market Size
2.1 Global Synthetic Graphite Market Size: 2023 VS 2030
2.2 Global Synthetic Graphite Revenue, Prospects & Forecasts: 2019-2030
2.3 Global Synthetic Graphite Sales: 2019-2030
3 Company Landscape
3.1 Top Synthetic Graphite Players in Global Market
3.2 Top Global Synthetic Graphite Companies Ranked by Revenue
3.3 Global Synthetic Graphite Revenue by Companies
3.4 Global Synthetic Graphite Sales by Companies
3.5 Global Synthetic Graphite Price by Manufacturer (2019-2024)
3.6 Top 3 and Top 5 Synthetic Graphite Companies in Global Market, by Revenue in 2023
3.7 Global Manufacturers Synthetic Graphite Product Type
3.8 Tier 1, Tier 2 and Tier 3 Synthetic Graphite Players in Global Market
3.8.1 List of Global Tier 1 Synthetic Graphite Companies
3.8.2 List of Global Tier 2 and Tier 3 Synthetic Graphite Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Synthetic Graphite Market Siz
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