Conductive Graphite Additives Market Growth Analysis | 2023-2028

Market Highlights

The Conductive Graphite Additives Market is likely to grow at a healthy double-digit CAGR of 13.1%, in the long run, to reach US$ 1.6 Billion in 2028. 

Graphite is mainly used for thermal conductivity (for instance in LED lamp housing), though, in the past few years, electromagnetic shielding has become a key, fast-growing application. Conductive graphite additives are used in several industries such as automotive, electrical & electronics, aerospace & defense, industrial, and consumer goods.

Covid-19 Impact

There was a negligible impact of the pandemic of <2% in the conductive graphite additives market in 2020, on a volume basis. An incessant shift from traditional ICE vehicles to EV vehicles, resulting in heavy demand for conductive graphite additives in li-ion batteries, is likely to give an impetus to the demand for conductive graphite additives.

Segments Analysis

By Conductivity Type

The conductive graphite additives market is segmented into thermal and electrical conductivity. In terms of both value and volume, thermal conductivity is expected to remain the larger segment of the market. Expanded graphite has all the outstanding characteristics of natural crystalline graphite with high-temperature resistance, corrosion resistance, and self-lubricity. Highly conductive expanded graphite powder is an enormously conductive additive with unique thermal and electrical conductivity. It is used in a wide variety of applications where thermal conductivity is essential.

By Application Type

The market is segmented into plastics/compounds, adhesives/sealants, coatings, inks, elastomers, energy storage, and friction. In terms of both, value and volume, the elastomers and energy storage segments are likely to remain in the limelight during the forecast period, majorly used for applications that require higher electrical conductivity as well. Conductive graphite is widely used for customized polymers, heat sinks for LEDs in lighting, automotive headlamps, and electronics, heat exchangers, heat pipes, geothermal pipes, and thermal interface materials. Graphite also offers excellent performance in li-ion batteries, alkaline batteries, etc.

Regional Analysis

In terms of regions, Asia-Pacific is expected to remain the largest market for conductive graphite additives during the forecast period, propelled by China, the largest producer of lithium batteries and the manufacturing hub for the E&E and other industries. Most of the conductive graphite additive suppliers have their presence in the region to address the emergent needs of customers and to be partners for their plans.  North America and Europe are also likely to create sizeable opportunities in the coming five years, driven by an expected rebound in vehicle production coupled with a paradigm shift from ICE to electric vehicles. 

Key Players

The market is fairly consolidated with the presence of some regional and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the conductive graphite additives market.

• Asbury Carbons
• AMG Graphite GK
• Imerys Group
• Superior Graphite
• SGL Carbon
• Richard Anton KG
• Georg H. Luh GmbH
• Dominik Georg Luh Technografit GmbH
• Kaiserberg GmbH

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s conductive graphite additives market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players).
• SWOT analysis of key players (up to three players).

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.