Global Graphite Market : Segments, Dynamics, Size and
Forecast to 2020
Persistence Market Research
Global Graphite Market is estimated to grow
US$17.5 bn by 2020 - Persistence Market
Research
Persistence Market Research
1
Global Graphite Market : Segments, Dynamics, Size and
Forecast to 2020
Persistence Market Research Released New Market Report “Global Graphite Market is estimated to
grow US$17.5 bn by 2020”, This comprehensive research report gives a 360-degrree view of the market
dynamics and trends in the global graphite market. Along with presenting key insights, the report offers a
SWOT analysis and a Porter’s five forces analysis of the overall market. According to the research report,
the global graphite market was valued at US$13.6 bn in 2013 and is estimated to reach US$17.5 bn by
2020, growing at a CAGR of 3.70% from 2014 to 2020.
The global market for graphite is experiencing acceleration due to growing usage of graphite in the
battery and automotive industry. Graphite is mainly used for making clutch materials, gaskets, exhaust
systems, motors, and cylinder heads. Graphite has slowly replaced asbestos, which was used for linings
in vehicles and for disk brake pads. The biggest advantage of graphite is that it creates less noise while
braking. Furthermore, graphite is also an important material used in the production of extremely
lightweight carbon-fiber reinforced plastic (CFRP), which is mainly used by the aerospace industry and
makers of Formula One cars. In recent times, graphite has also been in great demand in the passenger
car industry as it reduces the weight of the vehicle, thereby resulting in less fuel consumption and CO2
emissions.
Interested in report: Please follow the below links to meet your requirements; Request for the
Report Sample: http://www.persistencemarketresearch.com/samples/3367
The global graphite market is segmented on the basis of form, end use, and region. The forms of graphite
available in the market are natural...