Global Amorphous Graphite Market Is Valued At USD 193 Million In 20
Friday, 07 Dec, 2018
The global Amorphous Graphite market is valued at USD 193 million in 2017 and is expected to reach USD 289 million by the end of 2025, growing at a Growth Rate of 5.0% between 2018 and 2025.
In terms of volume, the global Amorphous Graphite Production was 678,000 tons in 2017, and it is predicted to reach 904,000 tons in 2025.
The Amorphous Graphite production is concentrated few countries regions, China, Europe and North America.
The top producers are mainly from China, Canada and Austria. South Graphite and Botai Graphite from China, Grafitbergbau Kaisersberg Ges.m.b.H from Austria, while Fortune Graphite from Canada. The top three manufacturers occupy for nearly 50 percent global market share.
South Graphite is the largest producer of Amorphous Graphite in China, this company is state-owned firm established through merging many small plants. In past few years, more and more small manufacturers halt production due to environmental protection, and in future, the market concentration ratio in China will be higher, and the big manufacturers will develop high value-added products and will be more competitive.
Currently the amorphous graphite is mainly used in iron and steel industry. With the improvement of purifying technology, in next few years, amorphous graphite will probably be used in batteries’ cathode material, which is an enormous potential application. Other potential applications include carbon material, nuclear graphite etc.