PUBLISHER: Lucintel | PRODUCT CODE: 1304114
PUBLISHER: Lucintel | PRODUCT CODE: 1304114
The future of the global graphite foil market looks promising with opportunities in the automotive, petroleum, chemical, nuclear, and fuel cell applications. The global graphite foil market is expected to reach an estimated $1.6 billion by 2028 with a CAGR of 7.6% from 2023 to 2028. The major drivers for this market are increasing demand for lightweight and high-strength materials in the automotive and aerospace industries along with rising investments by key players in research & development (R&D) activities to introduce new products and technologies across the globe.
A more than 150-page report is developed to help in your business decisions.
The study includes trends and forecast for the global graphite foil market by type, application, and region, as follows:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, graphite foil companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the graphite foil companies profiled in this report include:
Lucintel forecasts that 98% carbon is expected to remain the largest type segment over the forecast period. Because of its high purity levels and superior properties, it is used in the production of graphene.
Within this market, automotive will remain the largest application segment due to its increasing application in the production of lithium-ion batteries, fuel cells, and supercapacitors owing to its properties that include high thermal conductivity, low electrical conductivity, and high strength against corrosion and wear & tear.
APAC will remain the highest growing region over the forecast period due to significant growth in the automotive industry, increasing nuclear power sector in China and India, and favorable government regulations focusing on promoting domestic manufacturing output in the region.
FAQ
Q1. What is the graphite foil market size?
Answer: The global graphite foil market is expected to reach an estimated $1.6 billion by 2028.
Q2. What is the growth forecast for graphite foil market?
Answer: The global graphite foil market is expected to grow with a CAGR of 7.6% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the graphite foil market?
Answer: The major drivers for this market are increasing demand for lightweight and high-strength materials in the automotive and aerospace industries along with rising investments by key players in research & development (R&D) activities to introduce new products and technologies across the globe.
Q4. What are the major segments for graphite foil market?
Answer: The future of the graphite foil market looks promising with opportunities in the automotive, petroleum, chemical, nuclear, and fuel cell applications.
Q5. Who are the key graphite foil companies?
Answer: Some of the key graphite foil companies are as follows:
Q6. Which graphite foil segment will be the largest in future?
Answer:Lucintel forecasts that 98% carbon is expected to remain the largest type segment over the forecast period. Because of its high purity levels and superior properties, 98% carbon is used in the production of graphene.
Q7. In graphite foil market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the highest growing region over the forecast period due to significant growth in the automotive industry, increasing nuclear power sector in China and India, and favorable government regulations focusing on promoting domestic manufacturing output in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.