Expanded Graphite Market Expected to Reach USD 567.2 million by 2031, with a Projected CAGR of 9.8%Posted by Kaustubh Ravan on April 18th, 2024 The global expanded graphite market is projected to grow at a CAGR of 9.8% from 2023 to 2031. As per the report published by TMR, a valuation of US$ 567.2 million is anticipated for the market in 2031. As of 2023, the demand for expanded graphite is expected to close at US$ 246.9 million. Expanded graphite finds extensive applications across various end-use industries such as automotive, aerospace, electronics, and energy storage due to its unique properties like thermal conductivity, chemical inertness, and lightweight nature. With the rise in renewable energy sources and the need for efficient energy storage solutions, expanded graphite is being increasingly used in batteries and supercapacitors, driving market growth. Continuous advancements in manufacturing processes have led to the development of cost-effective and high-quality expanded graphite products, which in turn, is fueling market expansion. Download sample PDF copy of report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=46998 Market Segmentation
Regional Analysis
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Future Outlook and Key Market Study Points The expanded graphite market is expected to witness steady growth, fueled by ongoing technological advancements, increasing research activities, and expanding application areas. Key market study points include analyzing demand-supply dynamics, monitoring regulatory developments, and assessing competitive strategies. Competitive Landscape and Recent Developments Major players in the expanded graphite market include GrafTech International Ltd., SGL Carbon SE, Showa Denko K.K., Nippon Carbon Co. Ltd., and others. Recent developments include product innovations, mergers, acquisitions, and collaborations aimed at strengthening market positions and enhancing product offerings. Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=46998<ype=S About Transparency Market Research Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact: Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Like it? Share it!More by this author |