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Opportunities For The Global Expandable Graphite Market Is Expected To Grow At A Cagr Of 11% By 2024
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
By End Use Industry [Kilotons and $M shipment analysis from 2013 to 2024]:
• Building & Construction
• Consumer Electronics
• Chemical Processing
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
• Asia Pacific
• 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 firstname.lastname@example.org. Lucintel offerings include chemical market research reports, chemical industry analysis report, commercial due diligence report, business strategy consulting and market research reports online.
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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