Lucintel's latest market report analyzed that fine grain graphite provides attractive opportunities in the mechanical engineering, aerospace, and electronic material applications. The fine grain graphite market is expected to reach $2.45 billion by 2028 with a CAGR of 7.2%. In this market, particle size 0.0001 up to 0.005 is the largest segment by product type, whereas mechanical engineering is largest by application.
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Based on product type, the fine grain graphite market is segmented into particle size 0.0001 up to 0.005 and others. The particle size 0.0001 up to 0.005 segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its significant use in the production of premium graphite electrodes for arc welding, ceramic glazes and enamels, non-metallurgical purposes, carbon black pigment, composite materials, and as a filler in rubber.
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The Fine Grain Graphite Market is marked by the presence of several big and small players. Some of the prominent players offering fine grain graphite include Carbone Lorraine, SGL Group, The Carbon Company, Toyo Tanso, Schunk, and Sinosteel.
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