Synthetic graphite is a man-made substance manufactured by the high temperature processing of amorphous carbon materials. The types of amorphous carbon used as precursors to graphite are many, and can be derived from petroleum, coal, or natural and synthetic organic materials. In some cases graphite can even be manufactured by the direct precipitation of graphitic carbon from pyrolysis of a carbonaceous gas such as acetylene (pyrolytic graphite). One important commonality between all graphite precursors is that they must contain carbon. Graphite is carbon, a specific form of carbon, so it can only be derived from other carbon containing substances.

Although synthetic graphite can be manufactured from any number of precursor materials, the primary material used to manufacture it in the United States is petroleum coke. As noted above only certain types of carbonaceous feeds are suitable for graphite production. Therefore the petroleum coke used for the synthetic graphite industry must be carefully specified to assure it is of the type that will ultimately result in high quality graphitic carbon.
The global sales of Synthetic Graphite declines to 1191 K MT in 2016 from 1211 K MT in 2012, at a CAGR of less than -0.42%. In 2016, the global Synthetic Graphite market is led by China, capturing about 31% of global Synthetic Graphite production. USA is the second-largest country market with about 16% global Share. Japan is followed by 15% while Europe and India take about 12% respectively in 2016.
The Chinese production of Synthetic Graphite kept increasing in 2010-2013, especially in 2013, the production growth rate reached 7% though the price declined by more than 12.6%. It is said that the mine of graphite even increased by more than 30% in Jixi, Heilongjiang one of the largest graphite market in China. The capacity became grave oversupply at the same time. In 2014, government constraint policy came into working, and the mine got the efficacious restraint. The market is expected to be normalization in next years.
In the past five years, China mainly exported the primary processed graphite by low price, while imported high-end product from Japan, USA and Germany by very high price, which was even dozens of times more than the export price. Now, China has turn to the deep-process of the graphite. Some new projects come into work in these years. And China begins graphite overhaul in 2017, it may lead the Chinese export to expand in the near future.

The Global Synthetic Graphite Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Synthetic Graphite Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

GrafTech
SGL Carbon
Fangda Carbon
Showa Denko
Jilin Carbon
Graphite India
Tokai Carbon
HEG
Nippon Carbon
JSC Energoprom Management
SEC Carbon
Yangzi Carbon
Shida Carbon
Toray Carbon
Toyo Tanso
Toho Tenax Group
Mersen Group
Mitsubishi Rayon
Poco Graphite
Ibiden
Formosa Plastics Group
Hexcel
Asbury Graphite

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Graphite Electrodes
Carbon Fibers
Specialty Graphite
Graphite Granular & Powder
Others
In Market segmentation by applications :

Iron and Steel Industry
Battery Industry
Aluminum Industry
Industrial Components
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Synthetic Graphite Market for the forecast period 2023 - 2030?
• What are the driving forces in the Synthetic Graphite Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Synthetic Graphite industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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