Isotropic Graphite Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

 

Isotropic Graphite Market Overview

Isotropic Graphite Market size is forecast to reach $1.2 billion by 2026, after growing at a CAGR of 5.1% during 2021-2026. The isotropic graphite is made up of grains of graphite mostly used in applications that require good mechanical properties. It is an isostatically molded graphite in which the raw material is molded or compressed by different use of technologies. Isotropic high-density graphite differs from conventional graphite in that it is isotropic and has a tiny particle structure, resulting in a material that is extremely strong and stable with little variation. This isotropic graphite material eliminates the drawbacks of traditional anisotropic graphite. The use of isotropic graphite is increasing in several industries like semiconductor, atomic power, molding industry, medical, polycrystalline silicon manufacturing and others for applications like casting, prosthetics making, treatment of aluminum, and many others.


COVID-19 Impact

The COVID-19 pandemic has had an immediate impact on the world economy and that impact goes across all industries. Currently the isotropic graphite industry has been affected due to COVID-19 pandemic where most of the industrial activity has been temporarily shut down. It in turn has affected the demand and supply chain as well which has been restricted the growth in year 2020. The global market for isotropic and extruded graphite is no exception, and this aspect is expected to have a major negative impact on the industry's revenue growth. Furthermore, the high costs associated with the installation and maintenance of these equipment may limit the global Isotropic and Extruded Graphite market's revenue growth in the coming years.

Report Coverage                             

The report: “Isotropic Graphite Market - Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Isotropic Graphite Industry.
By Type: Fine Grain (11-20 microns), Super Fine Grain (6-10 microns), Ultra-Fine Grain (1-5 microns) and Others. 
By Technology: Cold Isostatic Press (CIP), Extrusion or Vibration molding and Others. 
By Application: Aluminum Treatment, Compound Semiconductor and LED, Continuous Casting, Electrical Discharge Machining, Photovoltaic, Medical Prosthetics and Others.
By End Use Industry: Electrical and Electronics, Medical, Energy and Power, Aerospace, Glass and Refactoring Industry and Others.
By Geography: North America (U.S, Canada and Mexico), Europe (UK, France, Germany, Italy, Spain, Russia, Netherlands, Belgium, and Rest of Europe), APAC (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, Rest of South America), and RoW (Middle East and Africa).


Key Takeaways

  • Asia Pacific dominates the Isotropic Graphite Market owing to rapid increase in Electrical and Electronics industry.
  • The market drivers and restraints have been assessed to understand their impact over the forecast period.
  • The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.
  • The other key areas of focus include the various applications and end use industry in Isotropic Graphite Market and their specific segmented revenue.
  • Due to the COVID-19 pandemic, most of the countries have gone under temporary shutdown, due to which operations of Isotropic Graphite Market related industries has been negatively affected, thus hampering the growth of the market.

Figure: Isotropic Graphite Market Revenue, 2020-2026 (US$ Billion)


For more details on this report - Request for Sample


Isotropic Graphite Market Segment Analysis - By Type

The Ultra-fine Grain held the largest share of 38% in the Isotropic Graphite Market in 2020. The Ultra-fine grain ranges from 1 to 5 microns. The classification of graphite is done on the basis of particle size because most of the properties and characteristics are directly or indirectly proportional to the particle size and the orientation between the particles. In the ultra-fine grains, the porosity between the particles is lesser and due to that the mechanical strength gets enhanced in the final product.
Location: United States

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