Expandable Graphite Market Report

Market Insights

The expandable graphite market is likely to grow at a promising CAGR of 6% during the forecast period.

Expandable Graphite expands when heated. It is created by heating and subjecting flake graphite to chemicals, such as acid, that move between graphite layers. The bulk density of the substance reduces as flake graphite expands. But it expands the surface area. This alteration results in a substance that is more chemically reactive than the original material. The main application of expandable graphite is as a flame retardant. On the surface of the graphite flake, the expansion creates an intumescent layer and lessens the release of harmful vapors and gases. Thermal management is another application for expandable graphite in consumer electronics. It is used in numerous different industrial applications, such as heat- and corrosion-resistant gaskets and fire retardants.

The COVID-19 outbreak has created a difficult industrial environment for the market for expandable graphite. Lockdown restrictions and supply chain disruptions have delayed demand from important end-user industries like construction, chemical processing, and automotive. In addition, the lack of labor globally and the delay in logistics caused the production of electronic components to stop.

The increase in the graphite market is anticipated to benefit from growing restrictions on dangerous refractories like brominated or asbestos refractories in construction and gaskets. Due to the harmful consequences these dangerous refractories have on the environment, human health, and life, many nations have outlawed their manufacturing. In the future, these bans are anticipated to present a sizable potential for non-toxic, extremely refractory expanded graphite. Over the forecast horizon, they are probably going to produce profitable possibilities. 

Segments' Analysis

Application Type

The market is segmented into flame retardant, flexible foils, conductive additives, metallurgy, and graphene. Flame Retardant is expected to remain the dominant as well as the faster-growing application type in the market during the forecast period. Consumer demand for flame retardants to increase the fire safety of combustible products and materials is fueled by growing awareness. The risk of fire from electrical and consumer items is reduced in homes and offices by the use of flame retardants.

Regional Analysis

Asia-Pacific is expected to remain the largest market for expandable graphite during the forecast period. Over the next five years, regional development will be driven by the expanding use of expandable graphite in materials processing applications as well as the expansion of China's electronics and automotive sectors. The Chinese government has also outlawed conventional brominated flame retardants and will henceforth only accept expandable graphite that is safe for the environment.

The expandable graphite market is segmented into the following categories:

By Application Type

• Flame Retardant (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Flexible Foils (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Graphene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Conductive Additives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Graphene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Metallurgy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Argentina, and Others)

Key Players

The market is highly populated, with the presence of several local, 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 expandable graphite market:

• SGL Carbon.
• AMG Mining AG
• Durrans Group
• Nacional de Grafite
• GrafTech International Ltd.
• Qingdao Black Dragon Graphite Group
• Qingdao Jinhui Graphite Co., Ltd.
• Qingdao YanXin Graphite Products Co., LTD.
• Sanyo Corporation
• Shijiazhuang ADT Carbonic Material Factory

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s expandable graphite market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.

The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate 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 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 in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for existing and new players.
• Key success factors.

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

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