An Account Of Graphite Market Segmentation! Certain Major Trends
Natural graphite by the best graphite mining service in India consists of non-metallic graphitic carbon. Most of the industrial graphite we see is mined through various locations in the world. Further, processing takes place which often includes graphite froth flotation and graphite concentration, as well. The next part will focus on the division of the global graphite market. So, continue reading.
Segmentation Of Natural Graphite:
- Segmentation By Product Type:
If we are to segment graphite by the product type, we get two types: flake graphite and non-flake graphite. The market of flake graphite in 2018 was the largest segment of the global graphite market. Its value was $1,103.9 million and was 86.1%. However, the non-flake graphite market is said to be the fastest-growing segment in the coming years.
- Segmentation By Application Type:
In terms of application, the graphite market may have the following segments:
- Refractories: the application as a refractory substance began in the early 1900s when graphite crucibles were necessary to hold molten metals.
- Batteries: the use of the mineral as a battery began in the 1970s. The large use of batteries was the main driver of the graphite market at some point in time.
- Lubricants: Graphite lubricants are known as specific products that one can use at high and low temperatures. Further, it is also useful as a dry powder.
- Foundry: A water-based amorphous paint or flake graphite is what we know as foundry facing. You can use it by putting it inside of a mold while painting.
- Pencils: one of the most striking yet common applications of graphite is the pencil market. This has been dominating the graphite market for years because the pencil is something every industry needs.
- Others: Other applications may include as a material in zinc-carbon batteries, bushes in electric motors, and other special uses. Its use in smokebox and firebox is also popular.
- Segmentation By Flake Size:
The flake size of the graphite also makes it worthy to get various segments. Some of them are jumbo, large, medium, small, and fine. The market of the large flake size graphite was the greatest segment of the global graphite market in 2018 depending on the flake size. The value was $341.7 million or 26.6%. The jumbo flake size graphite segment can grow to newer heights.
Conclusion:
The graphite market will continue to expand when industries like Tasso Alloys continue to dominate. So, Get in touch with the Best graphite mining service in India to avail exclusive graphite mining services along with modern technologies and equipment. To know more about them, visit their website today.