Flake Graphite

Flake Graphite Market – Size, Share, Outlook, and
Opportunity Analysis, 2015 - 2026
Flake graphite is a type of natural graphite. It is a common variety of natural graphite
and are mined in the U.S., Central America, Canada, South America, Russia,
Germany, Ukraine, Africa, and China. Commercial flake graphite is available in sizes
such as +50-mesh, +100-mesh, and -100-mesh and offered in different ranges of
purity from around 80% carbon to 99% carbon.
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Market Dynamics
Flake graphite is used in anodes of lithium ion batteries, which are used in electric
vehicles. Growing demand for electric vehicles market is driving growth of the global
flake graphite market. According to International Energy Association, number of
electric cars sold in 2016, was 750 thousand, worldwide. Moreover, China was the
largest electric cars market in 2016, and accounted for over 40% of the electric cars
sold, globally.
Flake graphite is used in energy application such as fuel cells, vanadium-redox
battery technology, and pebble-bed nuclear reactors. Growing energy industry is
propelling growth of the flake graphite market, owing to flake graphite’s wide
applications. According to the U.S. Energy Information Administration, world energy
consumption was 575 quadrillion British thermal units (Btu) in 2015, which is
estimated to reach 736 quadrillion Btu in 2040.
Market Outlook
● North America held significant market share in the global graphite market in
2017, owing to demand for flake graphite in lubricants, steelmaking, and
refractory applications among others. According to the U.S. Geological
Survey, natural graphite was not produced in the U.S. in 2017, however the
firms operating in the U.S. consumed 24,000 tons of graphite valued at US$
42.9 million in the same year. During 2017, the U.S. natural graphite imports
were 50,000 tons out of which 75% was flake and high quality graphite.
● Growing demand for lithium ion batteries in North America is fuelling growth of
the flake graphite market. According to the U.S. Energy Information
Administration, 80% of the installed energy and power capacity of large scale
battery storage in operation in the U.S. was lithium ion in 2016.
● Asia Pacific is expected to be the fastest growing flake graphite market
during the forecast period, owing to increasing demand of graphite flakes
from emerging economies such as India and China. Favorable government
policies is encouraging adoption of electric vehicles, which in turn is
increasing demand for graphite flake for producing lithium ion batteries
required for such vehicles. For instance, the government of China exempted
electric vehicles from purchase tax between 2012 and 2017, which has
extended till 2020.
Key Players
● Players operating in the flake graphite market are adopting various business
strategies including mergers and acquisitions for business expansion. For
instance, in December 2017, Westwater Resources, Inc. planned to acquire
Alabama Graphite Corp., a mineral exploration and development company
involved in flake graphite mining.
● Key players operating in the global flake graphite market include GrafTech
International Ltd., AMG Advanced Metallurgical Group N.V., Asbury Carbons,
Kaiyu Industrial (Hk) Limited, Mason Graphite Inc., Triton Minerals Ltd., and
Northern Graphite Corporation.
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The research report by Flake Graphite Market is segmented by Application, by End-use Industry and by Region – Size, Share, Outlook, and Opportunity Analysis, 2015 - 2026

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