According to a new market report published by
Lucintel, the future of the global expandable graphite market looks promising
with opportunities in the building & construction, consumer electronics,
and chemical processing industries. The global expandable graphite market is
expected to grow at a CAGR of 11% from 2019 to 2024. The major drivers for this
market are stringency in fire safety standards in the building and construction
industry, growing demand for non- halogenated flame retardants, and growth in the
consumer electronics market.
In this
market, expandable graphite is used for manufacturing of flame retardant
additives, foil, paper, and sheets for the various end use industries to
provide conductivity and flame retardant properties. 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.
Within the
expandable graphite market, building and construction will remain the largest end
use industry and it is also expected to witness the highest growth over the
forecast period due to increasing global concern towards the fire safety and
energy efficiency in residential and commercial buildings.
APAC will remain the largest region and it is
also expected to witness highest growth over the forecast period due to the government
initiatives in China to mandate the use of fire retardant building materials for
not only new building construction but also for building renovation. Also, the Chinese
government’s ban on traditional brominated flame retardants will further demand
for environmentally safe expandable graphite.
Emerging trends, which have a direct impact on
the dynamics of the industry, include development of graphene from expandable
graphite for next generation battery chemistry and boron coated expandable
graphite. SGL Group, NeoGraf Solution, HP Materials Solution Inc., Braide
Graphite Group Co., Ltd., GEORG H. LUH GmbH, Qingdao Black Dragon Graphite Co.,
LTD, Shijiazhuang ADT Carbonic Material Factory, and Yichang Xincheng Graphite are
among the major expandable graphite manufacturers.
Lucintel, a leading global strategic
consulting and market research firm, has analyzed the global expandable graphite market by product form, flake
size, end use industry, and region and has come up with a comprehensive
research report entitled “Growth Opportunities
in the Global Expandable Graphite 2019-2024: Trends, Forecast, and Opportunity
Analysis.” The
Lucintel report serves as a catalyst for growth strategy as it provides a
comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast for the global expandable graphite market by product
form, flake size, end use industry, and region as follows:
By Product Form [Kilotons and $M shipment analysis from 2013 to 2024]:
·
Flame Retardant Additives
·
Graphite Foil & Sheets
·
Others
By End Use Industry [Kilotons and $M shipment analysis from 2013 to 2024]:
·
Building & Construction
·
Consumer Electronics
·
Chemical Processing
·
Others
By Flake Size [Kilotons and $M shipment
analysis from 2013 to 2024]:
·
Jumbo Flake
·
Medium & Large Flake
·
Small & Fine Flake
By Region [Kilotons and $M shipment analysis for 2013 to 2024]:
·
North America
United States
Canada
Mexico
·
Europe
Germany
France
United Kingdom
·
Asia Pacific
China
India
·
The Rest of the World
This
193-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or
helpdesk@lucintel.com. Lucintel offerings
include chemical
market research reports, chemical
industry analysis report, commercial due diligence
report, business
strategy consulting and market
research reports online.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates winning
strategies for growth. It offers market assessments, competitive analysis,
opportunity analysis, growth consulting, M&A, and due diligence services to
executives and key decision-makers in a variety of industries. For further
information, visit www.lucintel.com.
This
report answers following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for
the global expandable graphite market by product form (flame retardants, graphite
foil & sheets, sealing & gaskets, and others), end use industry (building
& construction, consumer electronics, chemicals, and others), by flake size
(Jumbo, Medium & large, and Small & fine), and
by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.
2 Which segments will grow at a faster pace and why?
Q.3
Which regions will grow at a faster pace and why?
Q.4
What are the key factors affecting market dynamics? What are the drivers and
challenges of the market?
Q.5
What are the business risks and threats to the market?
Q.6
What are the emerging trends in this market and reasons behind them?
Q.7
What are some changing demands of customers in the market?
Q.8
What are the new developments in the market? Which companies are leading these
developments?
Q.9
Who are the major players in this market? What strategic initiatives are being
implemented by key players for business growth?
Q.10
What are some of the competitive products and processes in this area and how
big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity
has occurred in the last 5 years?
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