Lucintel forecasts that flame retardant additives will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to stringency in building codes towards the use of flame retardants. #ExpandableGraphiteMarket, #GraphiteMarket, #ExpandableGraphite
2. Industry Profiles Snapshot
Major Parameter Description
Market Segments by Product
Form
Flame retardants, graphite foil & sheets, sealing & gaskets, and others
Market Segments by End Use
Industry
Building & construction, consumer electronics, chemicals, and others
Market Segments by Flake
Size
Jumbo, medium & large, and small & fine
Market Segments by Region North America, Europe, Asia Pacific and Rest of the World.
Top Companies Name
SGL Group, NeoGraf Solution, Yichang Xincheng Graphite Co. Ltd., HP
Materials Solution Inc.,Braide Graphite Group Co. Ltd,GEORG H. LUH GmbH
,Shijiazhuang ADT Carbonic Material Factory, Qingdao Black Dragon
Graphite Co. Ltd.
Trend Growth Rate and CAGR 10.6%
Key Industry Forecast
The global expandable graphite market is expected to reach $4.7 billion by
2024 with a CAGR of 10.6% from 2019 to 2024.
Key Industry Driver
Driver: Rising demand for high powered laser machine for cutting and
welding, need of laser beam with high beam quality with low cost features,
and growing demand for 3D printing market.
2
3. Industry Overview
Market Size
• The global expandable graphite market is
expected to reach $4.7 billion by 2024 with
a CAGR of 10.6% from 2019 to 2024.
• Emerging trends, which have a direct impact
on the dynamics of the expandable graphite
industry, include development of graphene
from expandable graphite for next generation
battery chemistry and boron coated
expandable graphite.
Market Size (2024) $4.7 billion
CAGR (2019-24) 10.6%
3
Industry Performance : Forecast