QYResearch: The expandable graphite production will reach about 79.3 K MT in 2016 from 73.5 K MT

QYResearch

Expandable Graphite is a new type of functional carbon material. It is made by the natural graphite flake, and is the unexpanded graphite, i.e. it is a type of natural graphite that before expanded.

Global giant manufactures mainly distributed in China, U.S., Japan and E.U. The manufacturers in U.S. and E.U. have a long history and unshakable status in this field. Xingchen Graphite, GrafTech, National de Grafite, Jinhui Graphite, Tianfeng Graphite, Black Dragon Graphite, SGL Group, Sanyo Corp, Yanxin Graphite, Huabang Graphite and Asbury Carbons are the key producers in the global expandable graphite market. Top five took up about 58% of the global production in 2016.

According to QYResearch, The expandable graphite production will reach about 79.3 K MT in 2016 from 73.5 K MT in 2012 at an average annual growth rate of more than 1.52%.China is the largest production of expandable graphite in the world in the past few years and it will keep the same position in the next few years. The Chinese market took up about 42% the global market in 2016, the second largest is Europe (16.6%) and North America is followed with the share about 12.5%.

The key consumption markets locate at developed countries. The United States takes the market share of 40%, followed by Europe and North America with 21%.

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