The Spherical Graphite Market report furthermore covers an inside examination of the vital contenders of the market alongside their development systems and business extension plans. In particular, the archive engages entrepreneurs to look for data about possible shoppers and where they can track down them. With a selective inclusion of the top sellers, the review empowers entrepreneurs to find out about the neighborhood market and find expected shoppers.

The global spherical graphite market is projected to be worth USD 9,598.8 Million by 2027, according to a current analysis by Emergen Research. The spherical graphite market is observing a double-digit growth attributed to the growing demand for consumer electronics products. Spherical graphite, popularly known as battery-grade graphite, finds usage in the consumption as lithium-ion batteries’ anode. Rising demand for smart devices such as smartphones, laptops, and various other consumer electronic products is creating a huge demand for lithium-ion batteries owing to its high energy density and better durability.

Additionally, the market for lithium-ion batteries is propelled by the rising demand for electric and hybrid electric vehicles that make extensive use of lithium-ion batteries, which, in turn, is causative of the significant market demand for spherical graphite.

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Market Dynamics:

The report offers insightful information about the market dynamics of the Spherical Graphite market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Spherical Graphite market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Spherical Graphite market.

Radical Highlights of the Spherical Graphite Market Report:

• In September 2020, Imerys made an announcement about its decision to expand the capacity of its Bodio manufacturing facility, Switzerland, for the production of synthetic graphite. The decision is intended to cater to the escalating demand from the producers of lithium-ion batteries in Asia, North America, and Europe.
• Natural flake graphite has the capability to disrupt the usage of synthetic graphite as the major raw material to produce spherical graphite. This is due to the substantial cost benefits offered by natural flake graphite to help battery manufacturers to decrease the overall production cost of lithium-ion batteries.
• China, in terms of production, dominated the global spherical graphite market.
• The spherical graphite market in Europe is observing high demand attributed to the surging demand for battery electric vehicles and hybrid electric vehicles, as well as rising demand for consumer electronics products.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

Black Rock Mining, Imerys Graphite Carbon, Qingdao Yanxin Graphite Products Company Limited, Yingkou Botian Material Technology Limited Company, Aoyu Graphite Group, Focus Graphite Inc., Battery Minerals Limited, Jixi BTR Graphite Industrial Park Co., Ltd., Syrah Resources Limited, Qingdao Black Dragon Graphite Group

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Spherical Graphite Market Segmentation:

• Product Type Outlook (Revenue, USD Billion; 2017-2027)

  • Natural
  • Synthetic

• Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

  • Online
  • Offline

• Application Outlook (Revenue, USD Billion; 2017-2027)

  • Consumer Electronics
  • Transportation Batteries
  • Energy Storage

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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