Expandable Graphite Market – Global Forecast to 2030
팽창 흑연 시장 – 플레이크 사이즈, 용도(난연제, 도전성 첨가제, 플렉시블 흑연), 최종 용도 산업(전자기기·에너지 저장, 자동차, 건축·건설), 지역별 – 2030년까지의 세계 예측
Expandable Graphite Market by Flake Size, Application (Flame Retardant, Conductive Additive, Flexible Graphite), End-use Industry (Electronics & Energy Storage, Automotive, Building & Construction), and Region – Global Forecast to 2030
| 조사회사 | MarketsandMarkets |
| 출판년월 | 2025년7월 |
| 페이지 수 | 206 |
| 도표 수 | 313 |
| 라이센스 | Single User License |
| 가격 | USD 4,950 |
| 구성 | 영문조사보고서 |
본 보고서는 플레이크 크기, 최종 사용 산업, 응용 분야 및 지역을 기준으로 팽창 흑연 시장을 정의, 세분화 및 전망합니다. 시장 성장에 영향을 미치는 주요 요인(동인, 제약, 기회 및 과제 등)에 대한 자세한 정보를 제공합니다. 팽창 흑연 제조업체들을 전략적으로 분석하고, 시장 점유율과 핵심 역량을 종합적으로 분석하며, 파트너십, 계약, 제품 출시 및 합작 투자와 같은 경쟁 상황을 추적 및 분석합니다.
세계 팽창 흑연 시장은 2025년 2억 9천만 달러에서 2030년 4억 2천만 달러로 성장할 것으로 예상되며, 예측 기간 동안 연평균 성장률(CAGR)은 7.4%입니다. 현대 전자 및 에너지 저장 시스템에서 효과적인 열 관리에 대한 수요 증가는 팽창 흑연 시장 성장을 견인하는 핵심 요인입니다. 기기와 배터리가 점점 더 소형화되고 강력해짐에 따라, 최적의 성능과 안전성을 보장하기 위해서는 과도한 열을 관리하는 것이 필수적입니다. 팽창 흑연은 뛰어난 열전도도와 고온 안정성을 제공하여 리튬 이온 배터리, 연료 전지, 다양한 열 인터페이스 재료와 같은 응용 분야에서 매우 귀중한 전도성 첨가제로 사용됩니다. 또한, 전기 자동차 및 에너지 효율적인 전자 장치로의 지속적인 전환은 안정적이고 환경 친화적인 열 관리 솔루션에 대한 필요성을 증폭시켜 이러한 분야에서 팽창 흑연의 중요성을 더욱 높이고 있습니다.
Report Overview
The global expandable graphite market is projected to grow from USD 0.29 billion in 2025 to USD 0.42 billion by 2030, at a CAGR of 7.4% during the forecast period. The growing demand for effective thermal management in contemporary electronics and energy storage systems is a key factor driving the expansion of the expandable graphite market. As devices and batteries become increasingly compact and powerful, managing excess heat is essential for ensuring optimal performance and safety. Expandable graphite provides exceptional thermal conductivity and high-temperature stability, making it a highly valuable conductive additive in applications such as lithium-ion batteries, fuel cells, and various thermal interface materials. Furthermore, the ongoing transition toward electric vehicles and energy-efficient electronics amplifies the need for reliable and environmentally friendly thermal management solutions, elevating the significance of expandable graphite within these sectors.

“Flexible graphite segment to account for second-largest market share during forecast period”
The flexible graphite segment is anticipated to capture the second-largest market share, in terms of volume, within the expandable graphite sector during the forecast period. This growth is primarily fueled by the increasing demand for durable, heat-resistant, and corrosion-resistant sealing and gasketing materials across diverse industries. Flexible graphite, which is derived from expandable graphite, finds extensive application in gaskets, seals, and linings in industrial manufacturing, chemical processing, and power generation due to its exceptional resilience in high-temperature and chemically aggressive environments. Its adaptability, reliability, and environmental compatibility position it as a preferred alternative to traditional sealing materials, particularly as industries increasingly prioritize sustainable and high-performance solutions.
“Medium & large flakes segment to account for second-largest market share during forecast period”
The medium & large flake segment is anticipated to maintain the second-largest market share during the forecast period. These flake sizes are highly regarded for their balanced properties, which provide optimal expansion volume and exceptional purity, making them ideal for diverse applications. Medium and large flake expandable graphite is predominantly utilized in flame retardants, flexible graphite products, and thermal management materials, where moderate expansion and uniformity are crucial. The versatility of these flake sizes enables them to meet the stringent technical requirements of key industries, including building and construction, automotive, and electronics, all of which are experiencing steady global growth. As demand for efficient and multifunctional materials continues to rise across various end-use sectors, medium & large flake expandable graphite is positioned to secure a significant market share.
“Europe to account for second-largest market share during forecast period”
The Europe segment is projected to maintain the second-largest share of the expandable graphite market during the forecast period, driven by the region’s strong commitment to fire safety regulations, sustainability standards, and energy efficiency initiatives. Expandable graphite is increasingly utilized as a non-toxic flame retardant in construction materials, aligning with Europe’s stringent fire protection standards, particularly in residential and commercial sectors.
Additionally, its applications in thermal management systems, gaskets, and fuel cell components are gaining momentum within the region’s advanced automotive, aerospace, and electronics industries. The ongoing investments by European countries in renewable energy and electric vehicles further amplify the demand for high-performance, environmentally friendly materials such as expandable graphite. With rising industrial demand and a robust regulatory framework promoting the adoption of sustainable materials, Europe is poised to be a significant contributor to the global expandable graphite market.
Profile break-up of primary participants for the report:
- By Company Type: Tier 1 – 65%, Tier 2 – 20%, and Tier 3 – 15%
- By Designation: Directors– 25%, Managers– 30%, and Others – 45%
- By Region: North America – 30%, Asia Pacific – 40%, Europe – 20%, Middle East & Africa – 7%, and South America – 3%
SGL Carbon (Germany), NeoGraf (US), Yichang Xincheng Graphite Co., Ltd. (China), Graphit Kropfmühl GmbH (Germany), Nacional de Grafite (Brazil), and Qingdao Xinghe Graphite Co., Ltd. (China) are some of the major players operating in the expandable graphite market. These players have adopted acquisitions, agreements, and expansion to increase their market share and business revenue.

Research Coverage:
The report defines, segments, and projects the expandable graphite market based on flake size, end-use industry, application, and region. It provides detailed information regarding the major factors influencing the market’s growth, such as drivers, restraints, opportunities, and challenges. It strategically profiles expandable graphite manufacturers, comprehensively analyzing their market shares and core competencies, and tracks and analyzes competitive developments, such as partnerships, agreements, product launches, and joint ventures.
Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants by providing them with the closest approximations of revenue numbers of the expandable graphite market and its segments. This report is also expected to help stakeholders understand the market’s competitive landscape better, gain insights to improve the position of their businesses, and make suitable go-to-market strategies. It also enables stakeholders to understand the market’s pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights into the following points:
- Analysis of critical drivers (Surge in demand due to stringent fire safety regulations in residential, commercial, and industrial infrastructure; increasing demand for energy-efficient building materials; and growing demand for non-halogenated flame retardants), restraints (Safety concerns during production process), opportunities (Increasing bans on hazardous fire-resistance materials), and challenges (Supply chain disruptions and geopolitical risks) influencing the growth of the expandable graphite market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the expandable graphite market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the expandable graphite market across varied regions.
- Market Diversification: Exhaustive information about new products, various types, untapped geographies, recent developments, and investments in the expandable graphite market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players such as SGL Carbon (Germany), NeoGraf (US), Yichang Xincheng Graphite Co., Ltd. (China), Graphit Kropfmühl GmbH (Germany), Nacional de Grafite (Brazil), Qingdao Xinghe Graphite Co., Ltd. (China), and others in the expandable graphite market.
Table of Contents
1 INTRODUCTION 24
1.1 STUDY OBJECTIVES 24
1.2 MARKET DEFINITION 24
1.3 STUDY SCOPE 25
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 25
1.3.2 INCLUSIONS AND EXCLUSIONS 26
1.3.3 YEARS CONSIDERED 26
1.3.4 CURRENCY CONSIDERED 27
1.3.5 UNIT CONSIDERED 27
1.4 LIMITATIONS 27
1.5 STAKEHOLDERS 27
2 RESEARCH METHODOLOGY 28
2.1 RESEARCH DATA 28
2.1.1 SECONDARY DATA 29
2.1.1.1 List of key secondary sources 29
2.1.1.2 Key data from secondary sources 29
2.1.2 PRIMARY DATA 30
2.1.2.1 Key data from primary sources 30
2.1.2.2 List of primary interview participants—demand and supply side 30
2.1.2.3 Key industry insights 31
2.1.2.4 Breakdown of interviews with experts 31
2.2 DEMAND-SIDE ANALYSIS 32
2.3 MARKET SIZE ESTIMATION 32
2.3.1 BOTTOM-UP APPROACH 33
2.3.2 TOP-DOWN APPROACH 33
2.4 SUPPLY-SIDE ANALYSIS 34
2.4.1 CALCULATIONS FOR SUPPLY-SIDE ANALYSIS 35
2.5 GROWTH FORECAST 35
2.6 DATA TRIANGULATION 35
2.7 FACTOR ANALYSIS 36
2.8 RESEARCH ASSUMPTIONS 37
2.9 RESEARCH LIMITATIONS 37
2.10 RISK ASSESSMENT 37
3 EXECUTIVE SUMMARY 38
4 PREMIUM INSIGHTS 41
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN EXPANDABLE GRAPHITE MARKET 41
4.2 EXPANDABLE GRAPHITE MARKET, BY REGION 41
4.3 EXPANDABLE GRAPHITE MARKET, BY END-USE INDUSTRY 42
4.4 EXPANDABLE GRAPHITE MARKET, BY APPLICATION 42
4.5 EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE 43
4.6 EXPANDABLE GRAPHITE MARKET, BY KEY COUNTRY 43
5 MARKET OVERVIEW 44
5.1 INTRODUCTION 44
5.2 MARKET DYNAMICS 44
5.2.1 DRIVERS 45
5.2.1.1 Surge in demand due to stringent fire safety regulations in residential, commercial, and industrial infrastructure 45
5.2.1.2 Increasing demand for energy-efficient building materials 45
5.2.1.3 Growing demand for non-halogenated flame retardants 46
5.2.2 RESTRAINTS 46
5.2.2.1 Safety concerns during production process 46
5.2.3 OPPORTUNITIES 47
5.2.3.1 Increasing bans on hazardous fire-resistant materials 47
5.2.4 CHALLENGES 47
5.2.4.1 Supply chain disruptions and geopolitical risks 47
6 INDUSTRY TRENDS 48
6.1 GLOBAL MACROECONOMIC OUTLOOK 48
6.2 VALUE CHAIN ANALYSIS 50
6.3 ECOSYSTEM ANALYSIS 51
6.4 PORTER’S FIVE FORCES ANALYSIS 52
6.4.1 THREAT OF NEW ENTRANTS 53
6.4.2 THREAT OF SUBSTITUTES 53
6.4.3 BARGAINING POWER OF SUPPLIERS 53
6.4.4 BARGAINING POWER OF BUYERS 54
6.4.5 INTENSITY OF COMPETITIVE RIVALRY 54
6.5 KEY STAKEHOLDERS AND BUYING CRITERIA 54
6.5.1 KEY STAKEHOLDERS IN BUYING PROCESS 54
6.5.2 BUYING CRITERIA 55
6.6 PRICING ANALYSIS 56
6.6.1 AVERAGE SELLING PRICE OF EXPANDABLE GRAPHITE,
BY REGION 2022–2024 56
6.6.2 AVERAGE SELLING PRICE TREND OF EXPANDABLE GRAPHITE,
BY FLAKE SIZE, 2024 57
6.7 REGULATORY LANDSCAPE 58
6.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 58
6.8 KEY CONFERENCES AND EVENTS, 2025 59
6.9 PATENT ANALYSIS 60
6.9.1 METHODOLOGY 60
6.10 TECHNOLOGY ANALYSIS 62
6.10.1 KEY TECHNOLOGIES 62
6.10.1.1 Graphite intercalation & thermal expansion technology 62
6.10.2 COMPLEMENTARY TECHNOLOGIES 63
6.10.2.1 Spheroidization of graphite 63
6.11 TRADE ANALYSIS 64
6.11.1 IMPORT SCENARIO (HS CODE 250410) 64
6.11.2 EXPORT SCENARIO (HS CODE 250410) 65
6.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 66
6.13 IMPACT OF GENERATIVE AI ON EXPANDABLE GRAPHITE MARKET 66
6.13.1 PROCESS OPTIMIZATION & QUALITY CONTROL 67
6.13.2 DIGITAL TWINS & PREDICTIVE ANALYTICS 67
6.13.3 MATERIALS DISCOVERY & FORMULATION 67
6.13.4 SUPPLY CHAIN & SUSTAINABILITY TRACKING 67
6.13.5 EQUIPMENT MAINTENANCE & AUTOMATION 67
6.14 IMPACT OF 2025 US TARIFF – EXPANDABLE GRAPHITE MARKET 68
6.14.1 KEY TARIFF RATES 68
6.14.2 PRICE IMPACT ANALYSIS 68
6.14.3 KEY IMPACT ON COUNTRY/REGION 68
6.14.3.1 US 68
6.14.3.2 Europe 68
6.14.3.3 Asia Pacific 68
6.14.4 IMPACT ON END-USE INDUSTRIES 69
6.14.4.1 Electronics & energy storage 69
6.14.4.2 Automotive 69
6.14.4.3 Building & construction 69
6.14.4.4 Industrial manufacturing 69
6.14.4.5 Aerospace & defence 69
7 EXPANDABLE GRAPHITE MARKET, BY TYPE 70
7.1 INTRODUCTION 70
7.2 NATURAL EXPANDABLE GRAPHITE 70
7.2.1 RISING DEMAND FOR NON-HALOGENATED FLAME RETARDANTS
TO DRIVE MARKET 70
7.3 SYNTHETIC EXPANDABLE GRAPHITE 71
7.3.1 RISING DEMAND FROM ELECTRONICS AND ENERGY STORAGE INDUSTRIES TO BOOST MARKET 71
8 EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE 72
8.1 INTRODUCTION 73
8.2 MEDIUM & LARGE FLAKES 74
8.2.1 INCREASING DEMAND FOR FLAME RETARDANTS, GASKETS,
AND THERMAL INSULATION TO DRIVE MARKET 74
8.3 JUMBO FLAKES 76
8.3.1 SURGE IN DEMAND FOR ADVANCED FIRE PROTECTION AND THERMAL INSULATION SOLUTIONS CONTINUES TO DRIVE MARKET 76
9 EXPANDABLE GRAPHITE MARKET, BY APPLICATION 78
9.1 INTRODUCTION 79
9.2 FLAME RETARDANT 80
9.2.1 SURGE IN HIGHLY EFFECTIVE, HALOGEN-FREE FLAME-RETARDANT ADDITIVES TO DRIVE MARKET 80
9.3 CONDUCTIVE ADDITIVE 81
9.3.1 INCREASING DEMAND FOR HIGH-PERFORMANCE BATTERIES, CONDUCTIVE POLYMERS, AND THERMAL MANAGEMENT TO BOOST DEMAND 81
9.4 FLEXIBLE GRAPHITE 82
9.4.1 SUPERIOR THERMAL CONDUCTIVITY, CHEMICAL RESISTANCE, AND ADAPTABILITY FOR HIGH-PERFORMANCE SEALING TO BOOST DEMAND 82
9.5 OTHER APPLICATIONS 83
10 EXPANDABLE GRAPHITE MARKET, BY END-USE INDUSTRY 84
10.1 INTRODUCTION 85
10.2 ELECTRONICS & ENERGY STORAGE 86
10.2.1 SURGE IN DEMAND FOR THERMAL MANAGEMENT, CONDUCTIVITY,
AND EFFICIENCY TO DRIVE MARKET 86
10.3 AUTOMOTIVE 87
10.3.1 RISING EV SECTOR AND LIGHTWEIGHT MATERIALS TO DRIVE MARKET 87
10.4 BUILDING & CONSTRUCTION 88
10.4.1 FIRE SAFETY AND THERMAL INSULATION TO DRIVE MARKET 88
10.5 INDUSTRIAL MANUFACTURING 89
10.5.1 SURGE IN DEMAND FOR FLAME-RETARDANT TEXTILES, HIGH-PERFORMANCE LUBRICANTS, AND CONDUCTIVE CARBON BRUSHES TO BOOST MARKET 89
10.6 AEROSPACE & DEFENSE 90
10.6.1 LIGHTWEIGHT FLAME RESISTANCE AND STRINGENT AEROSPACE SAFETY STANDARDS TO DRIVE MARKET 90
10.7 OTHER END-USE INDUSTRIES 91
11 EXPANDABLE GRAPHITE MARKET, BY REGION 92
11.1 INTRODUCTION 93
11.2 EUROPE 95
11.2.1 GERMANY 99
11.2.1.1 Rising demand for fire safety and booming battery sector to drive market 99
11.2.2 UK 100
11.2.2.1 Expandable graphite market to gain momentum with industrial and automotive industries growth 100
11.2.3 FRANCE 101
11.2.3.1 Growing energy, construction, and aerospace sectors to drive market 101
11.2.4 ITALY 103
11.2.4.1 Fire safety and e-mobility boom to drive market 103
11.2.5 SPAIN 104
11.2.5.1 Surge in fire safety regulations and growing battery production to drive market 104
11.2.6 REST OF EUROPE 105
11.3 NORTH AMERICA 107
11.3.1 US 111
11.3.1.1 Surge in renewable energy integration and EV adoption to drive market 111
11.3.2 CANADA 112
11.3.2.1 Initiative for graphite independence to fuel market 112
11.3.3 MEXICO 113
11.3.3.1 Expanding end-use industries to boost market 113
11.4 ASIA PACIFIC 115
11.4.1 CHINA 119
11.4.1.1 Rapid expansion of EV sector and stringent green building initiatives to drive market 119
11.4.2 JAPAN 120
11.4.2.1 Advancements in EV sector and sustainable construction initiatives to drive market 120
11.4.3 INDIA 121
11.4.3.1 Increasing investment in expandable graphite to drive market 121
11.4.4 SOUTH KOREA 122
11.4.4.1 Commitment to ecofriendly initiatives and sustainable development to drive market 122
11.4.5 AUSTRALIA 124
11.4.5.1 Commitment to sustainable construction to drive market 124
11.4.6 REST OF ASIA PACIFIC 125
11.5 MIDDLE EAST & AFRICA 126
11.5.1 GCC COUNTRIES 130
11.5.1.1 UAE 130
11.5.1.1.1 Significant advancements in EV and sustainable construction initiatives to propel growth 130
11.5.1.2 Saudi Arabia 131
11.5.1.2.1 Significant growth in EVs to drive growth 131
11.5.1.3 Rest of GCC Countries 132
11.5.2 SOUTH AFRICA 134
11.5.2.1 Growing automotive sector and increasing adoption of EVs to drive market 134
11.5.3 REST OF MIDDLE EAST & AFRICA 135
11.6 SOUTH AMERICA 136
11.6.1 BRAZIL 139
11.6.1.1 EV surge and energy storage growth to drive market 139
11.6.2 CHILE 141
11.6.2.1 Surge amid mining boom, renewable energy push, and fire-safe construction demand to drive market 141
11.6.3 ARGENTINA 142
11.6.3.1 Surges with lithium growth and fire safety reforms to drive market 142
11.6.4 REST OF SOUTH AMERICA 143
12 COMPETITIVE LANDSCAPE 145
12.1 INTRODUCTION 145
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 145
12.3 REVENUE ANALYSIS 146
12.4 MARKET SHARE ANALYSIS 147
12.5 BRAND/PRODUCT COMPARISON 149
12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 150
12.6.1 STARS 150
12.6.2 EMERGING LEADERS 150
12.6.3 PERVASIVE PLAYERS 151
12.6.4 PARTICIPANTS 151
12.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 152
12.6.5.1 Company footprint 152
12.6.5.2 Region footprint 153
12.6.5.3 Application footprint 154
12.6.5.4 End-use industry footprint 155
12.6.5.5 Flake size footprint 156
12.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 156
12.7.1 PROGRESSIVE COMPANIES 156
12.7.2 RESPONSIVE COMPANIES 157
12.7.3 DYNAMIC COMPANIES 157
12.7.4 STARTING BLOCKS 157
12.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024 158
12.7.5.1 Detailed list of key startups/SMEs 158
12.7.5.2 Competitive benchmarking of key startups/SMEs 159
12.8 COMPANY VALUATION AND FINANCIAL METRICS 160
12.9 COMPETITIVE SCENARIO 161
12.9.1 DEALS 161
13 COMPANY PROFILES 163
13.1 KEY PLAYERS 163
13.1.1 SGL CARBON 163
13.1.1.1 Business overview 163
13.1.1.2 Products/Solutions/Services offered 165
13.1.1.3 Recent developments 167
13.1.1.3.1 Expansions 167
13.1.1.4 MnM view 167
13.1.1.4.1 Key strengths/Right to win 167
13.1.1.4.2 Strategic choices 167
13.1.1.4.3 Weaknesses/Competitive threats 167
13.1.2 NEOGRAF 168
13.1.2.1 Business overview 168
13.1.2.2 Products/Solutions/Services offered 168
13.1.2.3 MnM view 169
13.1.2.3.1 Key strengths/Right to win 169
13.1.2.3.2 Strategic choices 169
13.1.2.3.3 Weaknesses/Competitive threats 169
13.1.3 YICHANG XINCHENG GRAPHITE CO., LTD. 170
13.1.3.1 Business overview 170
13.1.3.2 Products/Solutions/Services offered 170
13.1.3.3 MnM view 171
13.1.3.3.1 Key strengths/Right to win 171
13.1.3.3.2 Strategic choices 171
13.1.3.3.3 Weaknesses/Competitive threats 171
13.1.4 GRAPHIT KROPFMÜHL GMBH 172
13.1.4.1 Business overview 172
13.1.4.2 Products/Solutions/Services offered 172
13.1.4.3 MnM view 173
13.1.4.3.1 Key strengths/Right to win 173
13.1.4.3.2 Strategic choices 173
13.1.4.3.3 Weaknesses/Competitive threats 173
13.1.5 NACIONAL DE GRAFITE 174
13.1.5.1 Business overview 174
13.1.5.2 Products/Solutions/Services offered 174
13.1.5.3 MnM view 175
13.1.5.3.1 Key strengths/Right to win 175
13.1.5.3.2 Strategic choices 175
13.1.5.3.3 Weaknesses/Competitive threats 175
13.1.6 QINGDAO XINGHE GRAPHITE CO., LTD. 176
13.1.6.1 Business overview 176
13.1.6.2 Products/Solutions/Services offered 176
13.1.6.3 MnM view 177
13.1.6.3.1 Key strengths/Right to win 177
13.1.6.3.2 Strategic choices 177
13.1.6.3.3 Weaknesses/Competitive threats 177
13.1.7 EVION GROUP 178
13.1.7.1 Business overview 178
13.1.7.2 Products/Solutions/Services offered 179
13.1.7.3 Recent developments 179
13.1.7.3.1 Deals 179
13.1.8 QINGDAO YANXIN GRAPHITE PRODUCTS CO., LTD. 180
13.1.8.1 Business overview 180
13.1.8.2 Products/Solutions/Services offered 180
13.1.9 QINGDAO BRAIDE GRAPHITE CO., LTD. 182
13.1.9.1 Business overview 182
13.1.9.2 Products/Solutions/Services offered 182
13.1.10 SHIJIAZHUANG ADT CARBONIC MATERIAL FACTORY 183
13.1.10.1 Business overview 183
13.1.10.2 Products/Solutions/Services offered 183
13.1.11 JAMES DURRANS GROUP 184
13.1.11.1 Business overview 184
13.1.11.2 Products/Solutions/Services offered 184
13.1.12 NIPPON KOKUEN GROUP 185
13.1.12.1 Business overview 185
13.1.12.2 Products/Solutions/Services offered 185
13.1.13 GEORG H. LUH GMBH 186
13.1.13.1 Business overview 186
13.1.13.2 Products/Solutions/Services offered 186
13.1.14 CDI PRODUCTS 187
13.1.14.1 Business overview 187
13.1.14.2 Products/Solutions/Services offered 187
13.1.14.3 Recent developments 188
13.1.14.3.1 Deals 188
13.1.15 GRAPHITE CENTRAL 189
13.1.15.1 Business overview 189
13.1.15.2 Products/Solutions/Services offered 190
13.1.16 LKAB MINERALS 191
13.1.16.1 Business overview 191
13.1.16.2 Products/Solutions/Services offered 191
13.1.17 ASBURY CARBONS 192
13.1.17.1 Business overview 192
13.1.17.2 Products/Solutions/Services offered 193
13.2 OTHER PLAYERS 194
13.2.1 QINGDAO MEILIKUN GRAPHITE PRODUCTS FACTORY CO., LTD. 194
13.2.2 HEBEI JIN’AO TRADING CO., LTD. 194
13.2.3 SEALMAX 195
13.2.4 ZHONGPU INDUSTRIAL LTD. 195
13.2.5 NANJING GRF CARBON MATERIAL CO., LTD. 196
14 ADJACENT AND RELATED MARKETS 197
14.1 INTRODUCTION 197
14.2 LIMITATIONS 197
14.3 INTERCONNECTED MARKETS 197
14.4 GRAPHITE MARKET 197
14.4.1 MARKET DEFINITION 197
14.4.2 MARKET OVERVIEW 197
14.4.3 GRAPHITE MARKET, BY PURITY 198
14.4.4 HIGH PURITY 198
14.4.4.1 Demand for precision and performance across industries
to boost market 198
14.4.5 LOW PURITY 199
14.4.5.1 Need to power cost-effective industrial solutions to drive market 199
15 APPENDIX 200
15.1 DISCUSSION GUIDE 200
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 202
15.3 CUSTOMIZATION OPTIONS 204
15.4 RELATED REPORTS 204
15.5 AUTHOR DETAILS 205
LIST OF TABLES
TABLE 1 EXPANDABLE GRAPHITE MARKET SNAPSHOT: 2025 VS. 2030 38
TABLE 2 REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE),
BY KEY COUNTRY, 2022–2024 (%) 48
TABLE 3 UNEMPLOYMENT RATE, BY KEY COUNTRY, 2022–2024 (%) 49
TABLE 4 INFLATION RATE AVERAGE CONSUMER PRICES, BY KEY COUNTRY, 2022–2024 (%) 49
TABLE 5 FOREIGN DIRECT INVESTMENT, BY REGION, 2022 AND 2023 (USD BILLION) 49
TABLE 6 ROLE OF COMPANIES IN EXPANDABLE GRAPHITE ECOSYSTEM 51
TABLE 7 EXPANDABLE GRAPHITE MARKET: PORTER’S FIVE FORCES ANALYSIS 52
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS (%) 55
TABLE 9 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 55
TABLE 10 AVERAGE SELLING PRICE TREND OF EXPANDABLE GRAPHITE,
BY REGION, 2022–2024 (USD/KG) 56
TABLE 11 AVERAGE SELLING PRICE TREND OF EXPANDABLE GRAPHITE,
BY FLAKE SIZE, 2024 (USD/KG) 57
TABLE 12 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 58
TABLE 13 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 58
TABLE 14 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 59
TABLE 15 EXPANDABLE GRAPHITE MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2025 59
TABLE 16 EXPANDABLE GRAPHITE MARKET: LIST OF MAJOR PATENTS, 2014–2024 61
TABLE 17 IMPORT DATA FOR NATURAL GRAPHITE POWDER OR FLAKES (HS CODE 250410) 64
TABLE 18 EXPORT DATA FOR NATURAL GRAPHITE POWDER OR FLAKES (HS CODE 250410) 65
TABLE 19 EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (USD MILLION) 73
TABLE 20 EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (USD MILLION) 73
TABLE 21 EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 74
TABLE 22 EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 74
TABLE 23 MEDIUM & LARGE FLAKES: EXPANDABLE GRAPHITE MARKET,
BY REGION, 2020–2023 (USD MILLION) 74
TABLE 24 MEDIUM & LARGE FLAKES: EXPANDABLE GRAPHITE MARKET,
BY REGION, 2024–2030 (USD MILLION) 75
TABLE 25 MEDIUM & LARGE FLAKES: EXPANDABLE GRAPHITE MARKET,
BY REGION, 2020–2023 (TON) 75
TABLE 26 MEDIUM & LARGE FLAKES: EXPANDABLE GRAPHITE MARKET,
BY REGION, 2024–2030 (TON) 75
TABLE 27 JUMBO FLAKES: EXPANDABLE GRAPHITE MARKET, BY REGION,
2020–2023 (USD MILLION) 76
TABLE 28 JUMBO FLAKES: EXPANDABLE GRAPHITE MARKET, BY REGION,
2024–2030 (USD MILLION) 76
TABLE 29 JUMBO FLAKES: EXPANDABLE GRAPHITE MARKET, BY REGION, 2020–2023 (TON) 77
TABLE 30 JUMBO FLAKES: EXPANDABLE GRAPHITE MARKET, BY REGION, 2024–2030 (TON) 77
TABLE 31 EXPANDABLE GRAPHITE MARKET, BY APPLICATION, 2020–2023 (TON) 79
TABLE 32 EXPANDABLE GRAPHITE MARKET, BY APPLICATION, 2024–2030 (TON) 79
TABLE 33 EXPANDABLE GRAPHITE MARKET IN FLAME RETARDANT,
BY REGION, 2020–2023 (TON) 80
TABLE 34 EXPANDABLE GRAPHITE MARKET IN FLAME RETARDANT,
BY REGION, 2024–2030 (TON) 80
TABLE 35 EXPANDABLE GRAPHITE MARKET IN CONDUCTIVE ADDITIVE,
BY REGION, 2020–2023 (TON) 81
TABLE 36 EXPANDABLE GRAPHITE MARKET IN CONDUCTIVE ADDITIVE,
BY REGION, 2024–2030 (TON) 81
TABLE 37 EXPANDABLE GRAPHITE MARKET IN FLEXIBLE GRAPHITE,
BY REGION, 2020–2023 (TON) 82
TABLE 38 EXPANDABLE GRAPHITE MARKET IN FLEXIBLE GRAPHITE,
BY REGION, 2024–2030 (TON) 82
TABLE 39 EXPANDABLE GRAPHITE MARKET IN OTHER APPLICATIONS,
BY REGION, 2020–2023 (TON) 83
TABLE 40 EXPANDABLE GRAPHITE MARKET IN OTHER APPLICATIONS,
BY REGION, 2024–2030 (TON) 83
TABLE 41 EXPANDABLE GRAPHITE MARKET, BY END-USE INDUSTRY, 2020–2023 (TON) 85
TABLE 42 EXPANDABLE GRAPHITE MARKET, BY END-USE INDUSTRY, 2024–2030 (TON) 86
TABLE 43 EXPANDABLE GRAPHITE MARKET IN ELECTRONICS & ENERGY STORAGE,
BY REGION, 2020–2023 (TON) 86
TABLE 44 EXPANDABLE GRAPHITE MARKET IN ELECTRONICS & ENERGY STORAGE,
BY REGION, 2024–2030 (TON) 87
TABLE 45 EXPANDABLE GRAPHITE MARKET IN AUTOMOTIVE, BY REGION, 2020–2023 (TON) 87
TABLE 46 EXPANDABLE GRAPHITE MARKET IN AUTOMOTIVE, BY REGION, 2024–2030 (TON) 88
TABLE 47 EXPANDABLE GRAPHITE MARKET IN BUILDING & CONSTRUCTION,
BY REGION, 2020–2023 (TON) 88
TABLE 48 EXPANDABLE GRAPHITE MARKET IN BUILDING & CONSTRUCTION,
BY REGION, 2024–2030 (TON) 89
TABLE 49 EXPANDABLE GRAPHITE MARKET IN INDUSTRIAL MANUFACTURING,
BY REGION, 2020–2023 (TON) 89
TABLE 50 EXPANDABLE GRAPHITE MARKET IN INDUSTRIAL MANUFACTURING,
BY REGION, 2024–2030 (TON) 90
TABLE 51 EXPANDABLE GRAPHITE MARKET IN AEROSPACE & DEFENSE,
BY REGION, 2020–2023 (TON) 90
TABLE 52 EXPANDABLE GRAPHITE MARKET IN AEROSPACE & DEFENSE,
BY REGION, 2024–2030 (TON) 91
TABLE 53 EXPANDABLE GRAPHITE MARKET IN OTHERS, BY REGION, 2020–2023 (TON) 91
TABLE 54 EXPANDABLE GRAPHITE MARKET IN OTHERS, BY REGION, 2024–2030 (TON) 91
TABLE 55 EXPANDABLE GRAPHITE MARKET, BY REGION, 2020–2023 (USD MILLION) 93
TABLE 56 EXPANDABLE GRAPHITE MARKET, BY REGION, 2024–2030 (USD MILLION) 94
TABLE 57 EXPANDABLE GRAPHITE MARKET, BY REGION, 2020–2023 (TON) 94
TABLE 58 EXPANDABLE GRAPHITE MARKET, BY REGION, 2024–2030 (TON) 94
TABLE 59 EUROPE: EXPANDABLE GRAPHITE MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 96
TABLE 60 EUROPE: EXPANDABLE GRAPHITE MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 96
TABLE 61 EUROPE: EXPANDABLE GRAPHITE MARKET, BY COUNTRY, 2020–2023 (TON) 96
TABLE 62 EUROPE: EXPANDABLE GRAPHITE MARKET, BY COUNTRY, 2024–2030 (TON) 97
TABLE 63 EUROPE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 97
TABLE 64 EUROPE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 97
TABLE 65 EUROPE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 97
TABLE 66 EUROPE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 98
TABLE 67 EUROPE: EXPANDABLE GRAPHITE MARKET, BY END-USE INDUSTRY,
2020–2023 (TON) 98
TABLE 68 EUROPE: EXPANDABLE GRAPHITE MARKET, BY END-USE INDUSTRY,
2024–2030 (TON) 98
TABLE 69 EUROPE: EXPANDABLE GRAPHITE MARKET, BY APPLICATION, 2020–2023 (TON) 99
TABLE 70 EUROPE: EXPANDABLE GRAPHITE MARKET, BY APPLICATION, 2024–2030 (TON) 99
TABLE 71 GERMANY: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 99
TABLE 72 GERMANY: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 100
TABLE 73 GERMANY: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 100
TABLE 74 GERMANY: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 100
TABLE 75 UK: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (USD MILLION) 101
TABLE 76 UK: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (USD MILLION) 101
TABLE 77 UK: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 101
TABLE 78 UK: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 101
TABLE 79 FRANCE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 102
TABLE 80 FRANCE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 102
TABLE 81 FRANCE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 102
TABLE 82 FRANCE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 102
TABLE 83 ITALY: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 103
TABLE 84 ITALY: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 103
TABLE 85 ITALY: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 103
TABLE 86 ITALY: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 104
TABLE 87 SPAIN: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 104
TABLE 88 SPAIN: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 104
TABLE 89 SPAIN: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 105
TABLE 90 SPAIN: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 105
TABLE 91 REST OF EUROPE: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (USD MILLION) 105
TABLE 92 REST OF EUROPE: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (USD MILLION) 106
TABLE 93 REST OF EUROPE: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (TON) 106
TABLE 94 REST OF EUROPE: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (TON) 106
TABLE 95 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY COUNTRY, 2020–2023 (USD MILLION) 108
TABLE 96 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY COUNTRY, 2024–2030 (USD MILLION) 108
TABLE 97 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY COUNTRY, 2020–2023 (TON) 108
TABLE 98 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY COUNTRY, 2024–2030 (TON) 108
TABLE 99 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (USD MILLION) 109
TABLE 100 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (USD MILLION) 109
TABLE 101 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (TON) 109
TABLE 102 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (TON) 109
TABLE 103 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY END-USE INDUSTRY, 2020–2023 (TON) 110
TABLE 104 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY END-USE INDUSTRY, 2024–2030 (TON) 110
TABLE 105 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY APPLICATION, 2020–2023 (TON) 110
TABLE 106 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY APPLICATION, 2024–2030 (TON) 111
TABLE 107 US: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (USD MILLION) 111
TABLE 108 US: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (USD MILLION) 112
TABLE 109 US: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 112
TABLE 110 US: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 112
TABLE 111 CANADA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 113
TABLE 112 CANADA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 113
TABLE 113 CANADA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 113
TABLE 114 CANADA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 113
TABLE 115 MEXICO: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 114
TABLE 116 MEXICO: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 114
TABLE 117 MEXICO: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 114
TABLE 118 MEXICO: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 114
TABLE 119 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 116
TABLE 120 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 116
TABLE 121 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET, BY COUNTRY, 2020–2023 (TON) 116
TABLE 122 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET, BY COUNTRY, 2024–2030 (TON) 117
TABLE 123 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 117
TABLE 124 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 117
TABLE 125 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 117
TABLE 126 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 118
TABLE 127 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET, BY END-USE INDUSTRY,
2020–2023 (TON) 118
TABLE 128 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET, BY END-USE INDUSTRY,
2024–2030 (TON) 118
TABLE 129 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET, BY APPLICATION,
2020–2023 (TON) 119
TABLE 130 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET, BY APPLICATION,
2024–2030 (TON) 119
TABLE 131 CHINA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 119
TABLE 132 CHINA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 120
TABLE 133 CHINA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 120
TABLE 134 CHINA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 120
TABLE 135 JAPAN: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 120
TABLE 136 JAPAN: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 121
TABLE 137 JAPAN: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 121
TABLE 138 JAPAN: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 121
TABLE 139 INDIA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 121
TABLE 140 INDIA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 122
TABLE 141 INDIA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 122
TABLE 142 INDIA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 122
TABLE 143 SOUTH KOREA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 123
TABLE 144 SOUTH KOREA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 123
TABLE 145 SOUTH KOREA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (TON) 123
TABLE 146 SOUTH KOREA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (TON) 123
TABLE 147 AUSTRALIA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 124
TABLE 148 AUSTRALIA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 124
TABLE 149 AUSTRALIA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 124
TABLE 150 AUSTRALIA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 125
TABLE 151 REST OF ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (USD MILLION) 125
TABLE 152 REST OF ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (USD MILLION) 125
TABLE 153 REST OF ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (TON) 125
TABLE 154 REST OF ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (TON) 126
TABLE 155 MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY COUNTRY, 2020–2023 (USD MILLION) 126
TABLE 156 MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY COUNTRY, 2024–2030 (USD MILLION) 127
TABLE 157 MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY COUNTRY, 2020–2023 (TON) 127
TABLE 158 MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY COUNTRY, 2024–2030 (TON) 127
TABLE 159 MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (USD MILLION) 128
TABLE 160 MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (USD MILLION) 128
TABLE 161 MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (TON) 128
TABLE 162 MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (TON) 128
TABLE 163 MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY END-USE INDUSTRY, 2020–2023 (TON) 129
TABLE 164 MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY END-USE INDUSTRY, 2024–2030 (TON) 129
TABLE 165 MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY APPLICATION, 2020–2023 (TON) 129
TABLE 166 MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY APPLICATION, 2024–2030 (TON) 130
TABLE 167 UAE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 130
TABLE 168 UAE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 131
TABLE 169 UAE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 131
TABLE 170 UAE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 131
TABLE 171 SAUDI ARABIA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 132
TABLE 172 SAUDI ARABIA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 132
TABLE 173 SAUDI ARABIA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (TON) 132
TABLE 174 SAUDI ARABIA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (TON) 132
TABLE 175 REST OF GCC COUNTRIES: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (USD MILLION) 133
TABLE 176 REST OF GCC COUNTRIES: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (USD MILLION) 133
TABLE 177 REST OF GCC COUNTRIES: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (TON) 133
TABLE 178 REST OF GCC COUNTRIES: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (TON) 133
TABLE 179 SOUTH AFRICA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 134
TABLE 180 SOUTH AFRICA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 134
TABLE 181 SOUTH AFRICA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (TON) 134
TABLE 182 SOUTH AFRICA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (TON) 135
TABLE 183 REST OF MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (USD MILLION) 135
TABLE 184 REST OF MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (USD MILLION) 135
TABLE 185 REST OF MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (TON) 135
TABLE 186 REST OF MIDDLE EAST & AFRICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (TON) 136
TABLE 187 SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 136
TABLE 188 SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 136
TABLE 189 SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET, BY COUNTRY,
2020–2023 (TON) 137
TABLE 190 SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET, BY COUNTRY,
2024–2030 (TON) 137
TABLE 191 SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 137
TABLE 192 SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 137
TABLE 193 SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (TON) 138
TABLE 194 SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (TON) 138
TABLE 195 SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY END-USE INDUSTRY, 2020–2023 (TON) 138
TABLE 196 SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY END-USE INDUSTRY, 2024–2030 (TON) 138
TABLE 197 SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET, BY APPLICATION,
2020–2023 (TON) 139
TABLE 198 SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET, BY APPLICATION,
2024–2030 (TON) 139
TABLE 199 BRAZIL: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 140
TABLE 200 BRAZIL: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 140
TABLE 201 BRAZIL: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 140
TABLE 202 BRAZIL: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 140
TABLE 203 CHILE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 141
TABLE 204 CHILE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 141
TABLE 205 CHILE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 141
TABLE 206 CHILE: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 142
TABLE 207 ARGENTINA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2020–2023 (USD MILLION) 142
TABLE 208 ARGENTINA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE,
2024–2030 (USD MILLION) 142
TABLE 209 ARGENTINA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2020–2023 (TON) 143
TABLE 210 ARGENTINA: EXPANDABLE GRAPHITE MARKET, BY FLAKE SIZE, 2024–2030 (TON) 143
TABLE 211 REST OF SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (USD MILLION) 143
TABLE 212 REST OF SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (USD MILLION) 144
TABLE 213 REST OF SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2020–2023 (TON) 144
TABLE 214 REST OF SOUTH AMERICA: EXPANDABLE GRAPHITE MARKET,
BY FLAKE SIZE, 2024–2030 (TON) 144
TABLE 215 EXPANDABLE GRAPHITE MARKET: OVERVIEW OF STRATEGIES ADOPTED
BY KEY PLAYERS, 2019–2025 145
TABLE 216 EXPANDABLE GRAPHITE MARKET: DEGREE OF COMPETITION, 2024 147
TABLE 217 EXPANDABLE GRAPHITE MARKET: REGION FOOTPRINT (17 COMPANIES) 153
TABLE 218 EXPANDABLE GRAPHITE MARKET: APPLICATION FOOTPRINT (17 COMPANIES) 154
TABLE 219 EXPANDABLE GRAPHITE MARKET: END-USE INDUSTRY FOOTPRINT
(17 COMPANIES) 155
TABLE 220 EXPANDABLE GRAPHITE MARKET: FLAKE SIZE FOOTPRINT (17 COMPANIES) 156
TABLE 221 EXPANDABLE GRAPHITE MARKET: DETAILED LIST OF KEY STARTUPS/SMES 158
TABLE 222 EXPANDABLE GRAPHITE MARKET: COMPETITIVE BENCHMARKING OF
KEY STARTUPS/SMES 159
TABLE 223 EXPANDABLE GRAPHITE MARKET: DEALS, JANUARY 2019–JUNE 2025 162
TABLE 224 SGL CARBON: COMPANY OVERVIEW 163
TABLE 225 SGL CARBON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 165
TABLE 226 SGL CARBON: EXPANSIONS 167
TABLE 227 NEOGRAF: COMPANY OVERVIEW 168
TABLE 228 NEOGRAF: PRODUCTS/SOLUTIONS/SERVICES OFFERED 168
TABLE 229 YICHANG XINCHENG GRAPHITE CO., LTD.: COMPANY OVERVIEW 170
TABLE 230 YICHANG XINCHENG GRAPHITE CO., LTD.: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 170
TABLE 231 GRAPHIT KROPFMÜHL GMBH: COMPANY OVERVIEW 172
TABLE 232 GRAPHIT KROPFMÜHL GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 172
TABLE 233 NACIONAL DE GRAFITE: COMPANY OVERVIEW 174
TABLE 234 NACIONAL DE GRAFITE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 174
TABLE 235 QINGDAO XINGHE GRAPHITE CO., LTD.: COMPANY OVERVIEW 176
TABLE 236 QINGDAO XINGHE GRAPHITE CO., LTD.: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 176
TABLE 237 EVION GROUP: COMPANY OVERVIEW 178
TABLE 238 EVION GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 179
TABLE 239 EVION GROUP: DEALS 179
TABLE 240 QINGDAO YANXIN GRAPHITE PRODUCTS CO., LTD.: COMPANY OVERVIEW 180
TABLE 241 QINGDAO YANXIN GRAPHITE PRODUCTS CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 180
TABLE 242 QINGDAO BRAIDE GRAPHITE CO., LTD.: COMPANY OVERVIEW 182
TABLE 243 QINGDAO BRAIDE GRAPHITE CO., LTD.: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 182
TABLE 244 SHIJIAZHUANG ADT CARBONIC MATERIAL FACTORY: COMPANY OVERVIEW 183
TABLE 245 SHIJIAZHUANG ADT CARBONIC MATERIAL FACTORY: PRODUCTS/SOLUTIONS/ SERVICES OFFERED 183
TABLE 246 JAMES DURRANS GROUP: COMPANY OVERVIEW 184
TABLE 247 JAMES DURRANS GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 184
TABLE 248 NIPPON KOKUEN GROUP: COMPANY OVERVIEW 185
TABLE 249 NIPPON KOKUEN GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 185
TABLE 250 GEORG H. LUH GMBH: COMPANY OVERVIEW 186
TABLE 251 GEORG H. LUH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 186
TABLE 252 CDI PRODUCTS: COMPANY OVERVIEW 187
TABLE 253 CDI PRODUCTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 187
TABLE 254 CDI PRODUCTS: DEALS 188
TABLE 255 GRAPHITE CENTRAL: COMPANY OVERVIEW 189
TABLE 256 GRAPHITE CENTRAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 190
TABLE 257 LKAB MINERALS: COMPANY OVERVIEW 191
TABLE 258 LKAB MINERALS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 191
TABLE 259 ASBURY CARBONS: COMPANY OVERVIEW 192
TABLE 260 ASBURY CARBONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 193
TABLE 261 QINGDAO MEILIKUN GRAPHITE PRODUCTS FACTORY CO., LTD.:
COMPANY OVERVIEW 194
TABLE 262 HEBEI JIN’AO TRADING CO., LTD.: COMPANY OVERVIEW 194
TABLE 263 SEALMAX: COMPANY OVERVIEW 195
TABLE 264 ZHONGPU INDUSTRIAL LTD.: COMPANY OVERVIEW 195
TABLE 265 NANJING GRF CARBON MATERIAL CO., LTD.: COMPANY OVERVIEW 196
TABLE 266 GRAPHITE MARKET, BY PURITY, 2020–2023 (KILOTON) 198
TABLE 267 GRAPHITE MARKET, BY PURITY, 2024–2030 (KILOTON) 198
LIST OF FIGURES
FIGURE 1 EXPANDABLE GRAPHITE MARKET SEGMENTATION AND REGIONAL SCOPE 25
FIGURE 2 EXPANDABLE GRAPHITE MARKET: RESEARCH DESIGN 28
FIGURE 3 MAIN MATRIX CONSIDERED TO ASSESS DEMAND FOR EXPANDABLE GRAPHITE 32
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 33
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 33
FIGURE 6 METHODOLOGY USED FOR SUPPLY-SIDE SIZING OF EXPANDABLE
GRAPHITE MARKET (1/2) 34
FIGURE 7 EXPANDABLE GRAPHITE MARKET: DATA TRIANGULATION 36
FIGURE 8 JUMBO FLAKES SEGMENT TO HOLD LARGER MARKET SHARE IN 2025 39
FIGURE 9 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 40
FIGURE 10 RISING DEMAND FOR NON-HALOGENATED, FLAME-RETARDANT MATERIALS
TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS 41
FIGURE 11 ASIA PACIFIC TO RECORD HIGHEST CAGR IN EXPANDABLE GRAPHITE MARKET DURING FORECAST PERIOD 41
FIGURE 12 ELECTRONICS & ENERGY STORAGE TO RECORD HIGHEST CAGR IN EXPANDABLE GRAPHITE MARKET DURING FORECAST PERIOD 42
FIGURE 13 FLAME RETARDANT SEGMENT TO RECORD HIGHEST CAGR IN EXPANDABLE GRAPHITE MARKET DURING FORECAST PERIOD 42
FIGURE 14 MEDIUM & LARGE FLAKES TO RECORD HIGHER CAGR IN EXPANDABLE GRAPHITE MARKET THROUGH 2030 43
FIGURE 15 CHINA TO GROW AT HIGHEST RATE IN EXPANDABLE GRAPHITE MARKET
DURING FORECAST PERIOD 43
FIGURE 16 EXPANDABLE GRAPHITE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 44
FIGURE 17 INVESTMENT IN ENERGY EFFICIENCY IN BUILDING AND CONSTRUCTION 46
FIGURE 18 EXPANDABLE GRAPHITE VALUE CHAIN 50
FIGURE 19 PARTICIPANTS IN EXPANDABLE GRAPHITE ECOSYSTEM 51
FIGURE 20 EXPANDABLE GRAPHITE MARKET: PORTER’S FIVE FORCES ANALYSIS 52
FIGURE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR
TOP THREE APPLICATIONS 54
FIGURE 22 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 55
FIGURE 23 AVERAGE SELLING PRICE OF EXPANDABLE GRAPHITE,
BY REGION 2022–2024 (USD/KG) 56
FIGURE 24 AVERAGE SELLING PRICE TREND OF EXPANDABLE GRAPHITE,
BY FLAKE SIZE, 2024 (USD/KG) 57
FIGURE 25 MAJOR PATENTS RELATED TO EXPANDABLE GRAPHITE, 2014–2024 60
FIGURE 26 IMPORT DATA RELATED TO HS CODE 250410, BY KEY COUNTRY,
2021–2024 (USD THOUSAND) 64
FIGURE 27 EXPORT DATA RELATED TO HS CODE 250410, BY KEY COUNTRY,
2021–2024 (USD THOUSAND) 65
FIGURE 28 TRENDS/DISRUPTIONS IMPACTING LITHIUM-ION BATTERY ECOSYSTEM 66
FIGURE 29 MEDIUM & LARGE FLAKES TO BE FASTER-GROWING MARKET SEGMENT 73
FIGURE 30 FLAME RETARDANT SEGMENT TO HOLD LARGEST MARKET SHARE IN 2030 79
FIGURE 31 ELECTRONICS & ENERGY STORAGE TO BE FASTEST-GROWING SEGMENT 85
FIGURE 32 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD 93
FIGURE 33 EUROPE: EXPANDABLE GRAPHITE MARKET SNAPSHOT 95
FIGURE 34 NORTH AMERICA: EXPANDABLE GRAPHITE MARKET SNAPSHOT 107
FIGURE 35 ASIA PACIFIC: EXPANDABLE GRAPHITE MARKET SNAPSHOT 115
FIGURE 36 EXPANDABLE GRAPHITE MARKET: REVENUE ANALYSIS OF KEY COMPANIES, 2020–2024 (USD BILLION) 146
FIGURE 37 EXPANDABLE GRAPHITE MARKET SHARE ANALYSIS, 2024 147
FIGURE 38 EXPANDABLE GRAPHITE MARKET: BRAND/PRODUCT COMPARISON 149
FIGURE 39 EXPANDABLE GRAPHITE MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2024 151
FIGURE 40 EXPANDABLE GRAPHITE MARKET: COMPANY FOOTPRINT (17 COMPANIES) 152
FIGURE 41 EXPANDABLE GRAPHITE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 157
FIGURE 42 EXPANDABLE GRAPHITE MARKET: EV/EBITDA 160
FIGURE 43 EXPANDABLE GRAPHITE MARKET: ENTERPRISE VALUE (USD BILLION) 160
FIGURE 44 EXPANDABLE GRAPHITE MARKET: YEAR-TO-DATE (YTD) PRICE, TOTAL RETURN, AND FIVE-YEAR STOCK BETA OF KEY MANUFACTURERS 161
FIGURE 45 SGL CARBON: COMPANY SNAPSHOT 164
FIGURE 46 EVION GROUP: COMPANY SNAPSHOT 178