Extruded Graphite Market with Detailed Analysis, Competitive landscape, Forecast to 2027
Market Overview
Graphite is an allotrope of carbon with crystalline structure and has both metallic and non- metallic properties. Metallic properties of graphite include thermal and electrical conductivity and its non-metallic properties include lubricity, chemical inertness, and thermal resistance. Furthermore, extrusion process is used to produce extruded graphite. Extruded graphite has coarser grain size, and higher electrical and thermal conductivity as compared to isotactic graphite.
Production process of extruded graphite includes pressing of fine graphite powder through a die, under high pressure. The resulting shape is then fired and graphitized at high temperature (around 2000 degree Celsius).
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Market Dynamics
Extruded graphite is economical to produce and is used in various applications. For instance, electrodes made with extruded graphite, are used in electric arc steel production. Extruded graphite is also used in the manufacturing of various hot zone parts, used in the furnaces such as heating elements, rails, shelves, plates, and fasteners. Owing to its high temperature stability and chemical resistant properties, extrude graphite is extensively used in the chemicals industry. It is used in various corrosive applications such as vessel linings, bricks, tiles, heat exchangers, wear plates, and bearing among others. Thus, the wide applicability of extruded graphite is a major factor propelling growth of the global extruded graphite market.
Extrusion process is used to produce larger particle size (around 0.45 inch), as compared to the isotactic graphite (4-10 micron). The production of very fine isostatically molded graphite involves additional steps to mill the raw material to fine powder thus, taking longer to manufacture than extruded graphite. Additionally, the manufacturing cost of extruded graphite is about half the cost of the isostatically molded graphite. Thus, the economical production of extruded graphite is another factor, supporting growth of the global extruded graphite market.
Extruded Graphite Market Taxonomy
Based on the product type, extruded graphite market is segmented into:
Rods
Blocks
Others
Based on the Application, extruded graphite market is segmented into:
Electrodes
Chemical Processing
Foundry & HY Metallurgy
Refractory Materials
Others
Major players operating in the global extruded graphite market include Beijing Great Wall Co. Ltd., SGL Group, NAC Carbon Products Inc., Cera Materials Inc., Mersen S.A., Fangda Carbon New Material Co. Ltd., GrafTech International Holdings Inc., Graphite India Ltd., Nippon Kornmeyer Carbon Group, Schunk Group, Toyo Tanso Co. Ltd., Tokai Carbon Group, and Weiji Carbon–Tech Co., Ltd.
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