Global Market Study on Graphite: Battery Segment To Witness Highest Growth by 2020


  • Published On : Feb-2015 |
  • Pages : 114 Pages |
  • Format :

Over the last decade, use of graphite in batteries has increased significantly. In terms of weight, graphite is the second-largest component in lithium-ion batteries. Each lithium-ion battery requires 10 to 20 times more graphite than lithium. According to an independent research firm, in 2012, around 80% of graphite used in batteries was for lithium-ion batteries. There has been a steady increase in the use of lithium-ion batteries in the automobile industry. For instance, Tesla Motors, Inc., an automotive company based in the U.S., has announced plans to invest USD 5 billion in a new lithium-ion battery factory. This is expected to increase demand for natural graphite by up to 37% by 2020. The factory is expected to start production by 2017. Moreover, the rapid increase in the use of lithium-ion batteries in smartphones, laptops, tablets, portable media players, and power tools is expected to further drive the graphite market.

Asia-Pacific is the largest market for graphite globally. Rise of technologically advanced applications of graphite in pebble-bed nuclear reactors, fuel cells, solar power systems, and automotive and aerospace industries is driving the graphite market in the Asia Pacific region. China and India are the major markets for graphite in the region. Rising demand for steel and other metals has increased the demand for graphite electrode in Asia Pacific. This, in turn, is driving the growth of the graphite market. China accounts for over 70% share of total graphite production in the world. According to China's Twelfth Five-Year Plan, the government plans to have around 5.0 million battery-electric vehicles plying on the roads by 2020. This is expected to increase demand for graphite in the Asia Pacific market during the forecast period. According to a research report, the sale of plug-in electric vehicles in North America is expected to rise at a CAGR of 30.0% from 2012 to 2020. The total sales of tablets in the U.S. market grew from 9.7 million in 2010 to 40.6 million in 2013. This growth in sales is expected to drive demand for lithium-ion batteries. 

Rising demand for electric vehicles and other electronic devices such as mobile, tablets, laptops, and cameras offers huge potential for the growth of the lithium-ion battery industry. This, in turn, is further expected to boost demand for graphite in North America. Europe is the second-largest graphite market in the world. Growing use of carbon fiber instead of steel in the automotive and aerospace industries in Europe is leading to increasing demand for graphite. Graphite is considered as a key material for green technology. Due to this fact, it is widely used in many applications for energy storage, photovoltaics, and in various electronic products.

The Competitive Landscape section of the graphite market report includes benchmarking section which provides an insight on various companies operating in the graphite market based on measured and indicated graphite resources in million tons (Mt) and the grade of graphite in % Cg.

Key points covered in the report

  • The report provides historic, present and forecast market size, analysis, trends, shares, and growth 
  • The report segments the market on the basis of form, value (USD billion), volume (million tons), and end-use by value (USD billion) across all geographies
  • The report covers the graphite form segmentation
    • Natural graphite
    • Synthetic graphite
  • Synthetic graphite form segmentation
    • Graphite electrode
    • Carbon fiber
    • Graphite blocks
    • Graphite powder
    • Others
  • Graphite end-use segmentation
    • Electrode
    • Refractory
    • Lubricant
    • Foundry
    • Battery
    • Others
  • The report covers geographic segmentation
    • North America 
    • Europe 
    • Asia Pacific 
    • Row 
  • The report provides company profiles of some of the leading companies operating in the market
  • The report also provides porter’s five forces analysis of the market

Over the last decade, the use of graphite in batteries has increased significantly. In terms of weight, graphite is the second-largest component in lithium-ion batteries. Each lithium-ion battery requires 10 to 20 times more graphite than lithium. According to an independent research firm, in 2012, around 80% of graphite used in batteries was for lithium-ion batteries. There has been a steady increase in the popularity of lithium-ion batteries in the automobile industry. For instance, Tesla Motors, Inc., an automotive company based in the U.S., has announced plans to invest USD 5 billion in a new lithium-ion battery factory. This is expected to increase demand for natural graphite by up to 37% by 2020. The factory is expected to start production by 2017. Moreover, the rapid increase in the use of lithium-ion batteries in Smartphones, laptops, tablets, portable media players, and power tools is expected to further drive the graphite market.

In terms of revenue, Asia Pacific was the largest market for graphite in 2013, accounting for 67.4% of the global market share, followed by Europe and North America with market shares of 14.1% and 10.4% respectively. From 2014 to 2020, the Asia Pacific graphite market is expected to grow at a CAGR 4.0%, owing to increasing demand from countries such as India and China. Increasing the use of graphite in the automotive industry is also expected to propel the growth of the Asia Pacific market. The market share of North America is expected to decrease to 10.3% while that of Europe is expected to increase to 14.2% by 2020.

The graphite market is bifurcated on the basis of form (natural graphite and synthetic graphite), form of synthetic graphite (graphite electrode, carbon fiber, graphite blocks, graphite powder, and others), and end use (electrode, refractory, lubricant, foundry, battery, and others). 

In terms of revenue, the synthetic graphite segment accounted for the largest market share of USD 12.49 billion in 2013 and is expected to reach USD 16.06 billion in 2020 at a CAGR of 3.7% for the period 2014–2020.

Under the synthetic graphite segment, the graphite electrode segment (the largest segment in 2013) increased by 3.0% CAGR during 2010 – 2013 to reach USD 5.06 billion in 2013.

Under the regional segment, the Asia Pacific graphite market (the largest market in 2013) increased by 3.8% CAGR during 2010–2013 to reach USD 9.17 billion in 2013. 

Some of the major companies operating in the global graphite market are Triton Minerals Ltd., Lamboo Resources Limited, Mason Graphite, Focus Graphite Inc., Energizer Resources Inc., Northern Graphite Corporation, Alabama Graphite Corp., Flinders Resources Ltd., Syrah Resources Limited, SGL Carbon SE, GrafTech International Holdings Inc, Graphite India Limited, Nippon Graphite Industries, Co., Ltd., Asbury Graphite Mills, Inc, Showa Denko K.K., and Tokai Carbon Co., Ltd.

Some of the major companies operating in the global graphite market:

  • Triton Minerals Ltd.
  • Lamboo Resources Limited, Mason Graphite.
  • Focus Graphite Inc.
  • Energizer Resources Inc.
  • Northern Graphite Corporation.
  • Alabama Graphite Corp.
  • Flinders Resources Ltd.
  • Syrah Resources Limited.
  • SGL Carbon SE.
  • GrafTech International Holdings Inc.
  • Graphite India Limited.
  • Nippon Graphite Industries, Co., Ltd.
  • Asbury Graphite Mills, Inc.
  • Showa Denko K.K.
  • Tokai Carbon Co., Ltd.

 

Chapter 1 Preface

1.1 Report Description

1.2 Segments Covered in the Report

1.3 Research Methodology

Chapter 2 Market Synopsis

Chapter 3 Porter’s Five Forces Analysis

3.1 Bargaining Power of Suppliers

3.2 Bargaining Power of Buyers

3.3 Threat of New Entrants

3.4 Threat of Substitutes

3.5 Intensity of Rivalry

Chapter 4 Industry Overview

4.1 Introduction

4.2 Market Drivers

     4.2.1 Increasing use of graphite in batteries

     4.2.2 Growing demand for steel

     4.2.3 Increasing use of graphite in automotive industry

     4.2.4 Impact analysis of growth drivers

4.3 Market Restraints

     4.3.1 Increasing demand-supply gap

     4.3.2 Impact analysis of market restraints

4.4 Opportunities

     4.4.1 Commercialization of graphene

4.5 Market Trends

     4.5.1 Pebble-bed nuclear reactor demand huge amount of graphite

Chapter 5 Market Size and Forecast by Form

5.1 Natural Graphite

5.2 Synthetic Graphite

     5.2.1 Graphite Electrode

     5.2.2 Carbon Fiber

     5.2.3 Graphite Blocks

     5.2.4 Graphite Powder

Chapter 6 Market Size and Forecast by End Use

6.1 Electrode

6.2 Refractory

6.3 Lubricant

6.4 Foundry

6.5 Battery

Chapter 7 Market Size and Forecast by Geography

7.1 North America

7.2 Europe

7.3 Asia Pacific

7.4 Rest of the World (RoW)

Chapter 8 Competitive Scenario

8.1 Competitive Benchmarking

Chapter 9 Company Profiles

9.1 Triton Minerals Limited

     9.1.1 Company overview

     9.1.2 Products and services

     9.1.3 Financial performance

     9.1.4 Recent developments

9.2 Northern Graphite Corporation

     9.2.1 Company overview

     9.2.2 Products and services

     9.2.3 Financial performance

     9.2.4 Recent developments

9.3 Focus Graphite Inc.

     9.3.1 Company overview

     9.3.2 Products and services

     9.3.3 Financial performance

     9.3.4 Recent developments

9.4 Alabama Graphite Corp.

     9.4.1 Company overview

     9.4.2 Products and services

     9.4.3 Financial performance

     9.4.4 Recent developments

9.5 Flinders Resources Limited

     9.5.1 Company overview

     9.5.2 Products and services

     9.5.3 Financial performance

     9.5.4 Recent developments

9.6 Energizer Resources Inc.

     9.6.1 Company overview

     9.6.2 Products and services

     9.6.3 Financial performance

     9.6.4 Recent developments

9.7 Mason Graphite Inc.

     9.7.1 Company overview

     9.7.2 Products and services

     9.7.3 Financial performance

     9.7.4 Recent developments

9.8 Lamboo Resources Limited

     9.8.1 Company overview

     9.8.2 Products and services

     9.8.3 Financial performance

     9.8.4 Recent developments

9.9 Syrah Resources Limited

     9.9.1 Company overview

     9.9.2 Products and services

     9.9.3 Financial performance

     9.9.4 Recent developments

9.10 SGL Carbon SE

     9.10.1 Company overview

     9.10.2 Products and services

     9.10.3 Financial performance

     9.10.4 Recent developments

9.11 GrafTech International Holdings Inc.

     9.11.1 Company overview

     9.11.2 Products and services

     9.11.3 Financial Performance

     9.11.4 Recent developments

9.12 Graphite India Limited

     9.12.1 Company overview

     9.12.2 Products and services

     9.12.3 Financial Performance

     9.12.4 Recent Developments

9.13 Nippon Graphite Industries, Co., Ltd.

     9.13.1 Company overview

     9.13.2 Products and services

     9.13.3 Financial Performance

     9.13.4 Recent Developments

9.14 Asbury Graphite Mills, Inc.

     9.14.1 Company overview

     9.14.2 Products and services

     9.14.3 Financial performance

     9.14.4 Recent Developments

9.15 Showa Denko K.K.

     9.15.1 Company overview

     9.15.2 Products and services

     9.15.3 Financial performance

     9.15.4 Recent developments

9.16 Tokai Carbon Co., Ltd.

     9.16.1 Company overview

     9.16.2 Products and services

     9.16.3 Financial performance

     9.16.4 Recent developments


List of Tables

TABLE 1 Global graphite market snapshot, by value, 2014 and 2020

TABLE 2 Global graphite market snapshot, by volume, 2014 and 2020

TABLE 3 Crude steel production, by country (million tons, 2012 – 2013)

TABLE 4 Impact analysis of market drivers

TABLE 5 Impact analysis of market restraints

TABLE 6 Global graphite market size, by form, 2010 – 2013 (USD billion)

TABLE 7 Global graphite market size, by form, 2014 – 2020 (USD billion)

TABLE 8 Global graphite market size, by form, 2010 – 2013 (million tons)

TABLE 9 Global graphite market size, by form, 2014 – 2020 (million tons)

TABLE 10 Global natural graphite market size, by region, 2010 – 2013 (USD billion)

TABLE 11 Global natural graphite market size, by region, 2014 – 2020 (USD billion)

TABLE 12 Global natural graphite market size, by region, 2010 – 2013 (million tons)

TABLE 13 Global natural graphite market size, by region, 2014 – 2020 (million tons)

TABLE 14 Global synthetic graphite market size, by region, 2010 – 2013 (USD billion)

TABLE 15 Global synthetic graphite market size, by region, 2014 – 2020 (USD billion)

TABLE 16 Global synthetic graphite market size, by region, 2010 – 2013 (million tons)

TABLE 17 Global synthetic graphite market size, by region, 2014 – 2020 (million tons)

TABLE 18 Global synthetic graphite market size, by form, 2010 – 2013 (USD billion)

TABLE 19 Global synthetic graphite market size, by form, 2014 – 2020 (USD billion)

TABLE 20 Global synthetic graphite market size, by form, 2010 – 2013 (million tons)

TABLE 21 Global synthetic graphite market size, by form, 2014 – 2020 (million tons)

TABLE 22 Global graphite market size, by end use, 2010 – 2013 (USD billion)

TABLE 23 Global graphite market size, by end use, 2014 – 2020 (USD billion)

TABLE 24 Global graphite market size, by end use, 2010 – 2013 (million tons)

TABLE 25 Global graphite market size, by end use, 2014 – 2020 (million tons)

TABLE 26 Global graphite market, by region, 2010 – 2013 (USD billion)

TABLE 27 Global graphite market, by region, 2014 – 2020 (USD billion)

TABLE 28 Global graphite market, by region, 2010 – 2013 (million tons)

TABLE 29 Global graphite market, by region, 2014 – 2020 (million tons)

TABLE 30 North America graphite market, by form, 2010 – 2013 (USD billion)

TABLE 31 North America graphite market, by form, 2014 – 2020 (USD billion)

TABLE 32 North America graphite market, by form, 2010 – 2013 (million tons)

TABLE 33 North America graphite market, by form, 2014 – 2020 (million tons)

TABLE 34 North America synthetic graphite market, by form, 2010 – 2013 (USD billion)

TABLE 35 North America synthetic graphite market, by form, 2014 – 2020 (USD billion)

TABLE 36 North America synthetic graphite market, by form, 2010 – 2013 (million tons)

TABLE 37 North America synthetic graphite market, by form, 2014 – 2020 (million tons

TABLE 38 North America graphite market, by end use, 2010 – 2013 (USD billion)

TABLE 39 North America graphite market, by end use, 2014 – 2020 (USD billion)

TABLE 40 North America graphite market, by end use, 2010 – 2013 (million tons)

TABLE 41 North America graphite market, by end use, 2014 – 2020 (million tons)

TABLE 42 Europe graphite market, by form, 2010 – 2013 (USD billion)

TABLE 43 Europe graphite market, by form, 2014 – 2020 (USD billion)

TABLE 44 Europe graphite market, by form, 2010 – 2013 (million tons)

TABLE 45 Europe graphite market, by form, 2014 – 2020 (million tons)

TABLE 46 Europe synthetic graphite market, by form, 2010 – 2013 (USD billion)

TABLE 47 Europe synthetic graphite market, by form, 2014 – 2020 (USD billion)

TABLE 48 Europe synthetic graphite market, by form, 2010 – 2013 (million tons)

TABLE 49 Europe synthetic graphite market, by form, 2014 – 2020 (million tons)

TABLE 50 Europe graphite market, by end use, 2010 – 2013 (USD billion)

TABLE 51 Europe graphite market, by end use, 2014 – 2020 (USD billion)

TABLE 52 Europe graphite market, by end use, 2010 – 2013 (million tons)

TABLE 53 Europe graphite market, by end use, 2014 – 2020 (million tons)

TABLE 54 Asia Pacific graphite market, by form, 2010 – 2013 (USD billion)

TABLE 55 Asia Pacific graphite market, by form, 2014 – 2020 (USD billion)

TABLE 56 Asia Pacific graphite market, by form, 2010 – 2013 (million tons)

TABLE 57 Asia Pacific graphite market, by form, 2014 – 2020 (million tons)

TABLE 58 Asia Pacific synthetic graphite market, by form, 2010 – 2013 (USD billion)

TABLE 59 Asia Pacific synthetic graphite market, by form, 2014 – 2020 (USD billion)

TABLE 60 Asia Pacific synthetic graphite market, by form, 2010 – 2013 (million tons)

TABLE 61 Asia Pacific synthetic graphite market, by form, 2014 – 2020 (million tons)

TABLE 62 Asia Pacific graphite market, by end use, 2010 – 2013 (USD billion)

TABLE 63 Asia Pacific graphite market, by end use, 2014 – 2020 (USD billion)

TABLE 64 Asia Pacific graphite market, by end use, 2010 – 2013 (million tons)

TABLE 65 Asia Pacific graphite market, by end use, 2014 – 2020 (million tons)

TABLE 66 RoW graphite market, by form, 2010 – 2013 (USD billion)

TABLE 67 RoW graphite market, by form, 2014 – 2020 (USD billion)

TABLE 68 RoW graphite market, by forms, 2010 – 2013 (million tons)

TABLE 69 RoW graphite market, by form, 2014 – 2020 (million tons)

TABLE 70 RoW synthetic graphite market, by form, 2010 – 2013 (USD billion)

TABLE 71 RoW synthetic graphite market, by form, 2014 – 2020 (USD billion)

TABLE 72 RoW synthetic graphite market, by form, 2010 – 2013 (million tons)

TABLE 73 RoW synthetic graphite market, by form, 2014 – 2020 (million tons)

TABLE 74 RoW graphite market, by end use, 2010 – 2013 (USD billion)

TABLE 75 RoW graphite market, by end use, 2014 – 2020 (USD billion)

TABLE 76 RoW graphite market, by end use, 2010 – 2013 (million tons)

TABLE 77 RoW graphite market, by end use, 2014 – 2020 (million tons)

TABLE 78 GrafTech graphite brands, by product categories

TABLE 79 Graphite India brands, by product categories

TABLE 80 Nippon Graphite Industries, Co., Ltd. graphite brands and product types by product categories

TABLE 81 Asbury Carbon graphite products, by product categories

TABLE 82 Showa Denko SDK graphite electrode technical description

TABLE 83 Key financials of Showa Denko, 2011 – 2013 (JPY Million)

TABLE 84 Conversion period and rate, 2011 – 2013

TABLE 85 Key financials of TOKAI, 2011 – 2013 (JPY Million)

TABLE 86 Currency conversion details, 2011 – 13


List of Figures 

FIG. 1 Global graphite market, 2010 – 2020 (USD billion)

FIG. 2 Global graphite market, 2010 – 2020 (million tons)

FIG. 3 Graphite market: Porter’s five forces analysis

FIG. 4 Global graphite electrode market, 2010 – 2020 (USD billion)

FIG. 5 Global graphite electrode market, 2010 – 2020 (million tons)

FIG. 6 Global carbon fiber market, 2010 – 2020 (USD billion)

FIG. 7 Global carbon fiber market, 2010 – 2020 (million tons)

FIG. 8 Global graphite blocks market, 2010 – 2020 (USD billion)

FIG. 9 Global graphite blocks market, 2010 – 2020 (million tons)

FIG. 10 Global graphite powder market, 2010 – 2020 (USD billion)

FIG. 11 Global graphite powder market, 2010 – 2020 (million tons)

FIG. 12 Global electrode market, 2010 – 2020 (USD billion)

FIG. 13 Global electrode market, 2010 – 2020 (million tons)

FIG. 14 Global refractory market, 2010 – 2020 (USD billion)

FIG. 15 Global refractory market, 2010 – 2020 (million tons)

FIG. 16 Global lubricant market, 2010 – 2020 (USD billion)

FIG. 17 Global lubricant market, 2010 – 2020 (million tons)

FIG. 18 Global foundry market, 2010 – 2020 (USD billion)

FIG. 19 Global foundry market, 2010 – 2020 (million tons)

FIG. 20 Global battery market, 2010 – 2020 (USD billion)

FIG. 21 Global battery market, 2010 – 2020 (million tons)

FIG. 22 Global graphite market share by region, 2013 and 2020

FIG. 23 Competitive landscape of graphite market, 2013

FIG. 24 Triton Minerals Limited’s revenue and net loss, 2011 – 2013 (USD)

FIG. 25 Syrah Resources Limited’s revenue and net loss, 2011 – 2013 (USD)

FIG. 26 Net sales and net income of SGL Carbon SE, 2011 − 2013 (USD million)

FIG. 27 Net sales and net income of GrafTech, 2011 − 2013 (USD million)

FIG. 28 Net sales and net profit of Graphite India, 2012 − 2014 (USD million)

FIG. 29 Net revenue and net income of Showa Denko K.K., 2011 − 2013 (USD Million)

FIG. 30 Net Sales and net income of TOKAI, 2011 − 2013 (USD Million)

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