Lucintel Forecasts Expandable Graphite Market To Reach $707 Billion By 2030

By Author: Lucintel LLC
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According to the recent study the Expandable Graphite Market is projected to reach an estimated $707 billion by 2030 at a CAGR of 6.5% from 2024 to 2030. 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).
Lucintel forecasts that flame retardant additives will remain the largest product form 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.
Consumer electronics will ...
... remain the largest end use industry. The chemical processing market is expected to witness the highest growth over the forecast period due to increasing global concern towards fire safety and energy efficiency in the chemical end use market.
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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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