According to the recent study the Expandable Graphite Market is projected to reach an estimated $1 billion by 2028 at a CAGR of 5.5% from 2023 to 2028. Growth in this market is primarily driven by 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.
Browse 120 figures/charts
and 123 tables in this 180-page report to understand trends, opportunities and
forecast in 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), flake size (Jumbo, Medium & large, and Small & fine), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
“Flame retardant additives market is expected to remain the
largest segment during the forecast period.”
Based on product form,
the expandable graphite market is segmented into flame retardants, graphite
foil & sheets, sealing & gaskets, and others. Lucintel forecasts that
the flame retardant additives market is expected to remain the largest segment
due to stringency in building codes towards the use of flame retardants.
“Within the expandable graphite market, the consumer electronics
segment is expected to remain the largest end use industry.”
Based on end use
industry the consumer electronics segment is expected to witness the highest
growth over the forecast period.
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Expandable Graphite Market.
“Asia pacific will dominate the expandable graphite market in near
future.”
APAC will remain the
largest region, and it is also expected to witness the 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
building renovation. Also, the Chinese government’s ban on traditional
brominated flame retardants will further demand for environmentally safe
expandable graphite.
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, and Qingdao Black Dragon Graphite Co. Ltd. are among the
major expandable graphite providers.
This unique 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 write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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