DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/wnfc5f/global_industry) has announced the addition of the “Global Industry Insight: Graphite Market Size, Share, Development, Growth and Demand Forecast to 2020” report to their offering.

The global graphite market was valued at $15.06 billion in 2014 and it is expected to grow at a CAGR of 4% during the period 2015 – 2020.

The major drivers behind the growth of the graphite market include increasing use of graphite in batteries, growing demand of graphite in steel industry, and increasing use of graphite in automotive industry. At the same time, increase in electric vehicle ownership is expected to propel lithium-ion market.

The commercial acceptance of graphene is anticipated to provide further opportunities for the graphite market in near future. Graphene is expected to play an important role in near future by creating a positive impact on various industries, such as power generation, conductor, battery, and electronics industries. These factors are thus going push the demand of graphite.

In recent years, the demand for graphite is increasing with growing steel industry. Graphite is used in the steel industry as a liner for ladles and crucibles (mainly used to hold molten metal), components in firebricks lining furnaces, and as an agent to increase the carbon content in steel. According to the World Steel Association, the global steel industry produced 1,606 million tons of crude steel in 2013 as compared to 1,559 million tons in 2012. The positive impact of growing demand for steel on graphite market is anticipated to remain high in the next few years, as the graphite market find largest application in steel industry.

However, the increasing demand-supply gap of graphite is hindering the graphite market growth. The increasing use of graphite in automotive, steel, and photovoltaic (PV) industries may create a huge gap in the demand and supply balance in near future. In 2013, the China PV industry witnessed rapid development, due to which the global supply and demand gap for the isostatic form of graphite broadened to 1,500 tons.

Key Topics Covered:

Chapter 1. Research Scope And Methodology

Chapter 2. Executive Summary

Chapter 3. Market Outlook

Chapter 4. Global Market Size And Forecast (2011 – 2020)

Chapter 5. Graphite Market Breakdown By Form

Chapter 6. Graphite Market Breakdown By Geography

Chapter 7. Competitive Analysis And Product Positioning

Chapter 8. Company Profiles And Strategic Developments

Companies Mentioned:

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

For more information visit http://www.researchandmarkets.com/research/wnfc5f/global_industry