Isostatic Graphite Market is Forecast to Reach US$ 2.0 Billion in 2028, Says Stratview Research

News provided by

Dec 14, 2023, 10:22 ET

The Isostatic Graphite Market is likely to rise at a CAGR of 7.8% during 2023-2028, to reach US$ 2.0 billion in 2028, states Stratview Research.

DETROIT, Dec. 14, 2023 /PRNewswire/ -- Stratview Research, a global market research firm has launched a report on the global Isostatic Graphite Market which provides a comprehensive analysis of the global and regional industry forecast, current & emerging trends, segment analysis, and competitive landscape.

Click here for a free sample pdf:

https://www.stratviewresearch.com/Request-Sample/94/isostatic-graphite-market.html#form

Report Highlights

Market Size in 2028	USD 2.0 billion in 2028
Growth (CAGR)	7.8% during 2023-2028
Forecast Period	2023-2028
Trend Period	2017-2021
Base Year	2022
Number of Segments Covered	2
Number of Tables & Graphs	70+
Country-Level Market Assessment	20

Segment Insights on the Isostatic Graphite Market

The global Isostatic Graphite Market is segmented based on Application Type and Region.

Based on application type - The isostatic graphite market is segmented into solar PV, semiconductor, EDM, and others. Solar PV is expected to remain the largest application area for isostatic graphite during the forecast period owing to the global push towards renewable energy sources, driven by concerns about climate change and the need to reduce carbon emissions, leading to a substantial increase in solar PV installations. Solar energy is one of the fastest-growing renewable energy technologies, and it has been widely adopted in residential, commercial, and utility-scale applications. In addition to that, isostatic graphite is valuable in the production of high-quality solar panels as it enhances energy conversion capabilities and the overall lifespan of panels.

To know the attractive segments, click here for a free sample pdf:

https://www.stratviewresearch.com/Request-Sample/94/isostatic-graphite-market.html#form

Which Region Offers the Best Opportunity and Growth?

The report suggests that Asia-Pacific is expected to remain the largest market for isostatic graphite during the forecast period. This growth is majorly attributed to the following –

This region is home to some of the world's largest electronics and semiconductor manufacturers.
As demand for consumer electronics, communication devices, and other technology products continues to rise globally, the need for isostatic graphite in semiconductor production could contribute to the region's market dominance.

Isostatic Graphite Market Drivers

Some of the key drivers listed in the report are given below.

As the demand for electronic devices, smartphones, computers, and other technology products continued to rise, the semiconductor industry's growth drove the need for isostatic graphite.

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at [email protected]

Top Companies in the Isostatic Graphite Market?

The market is moderately concentrated, with the presence of some regional and global players. Major players in the market are focused on expanding their product portfolios to cater to a wide range of industries. To achieve this, these companies employ a multifaceted approach, including continuous R&D for specialized isostatic graphite grades, global expansion through strategic facilities and partnerships, vertical integration to secure supply chains and reduce costs, and collaborations with research institutions to stay technologically advanced. The following are the key players in the isostatic graphite market.

Mersen
Toyo Tanso
SGL Carbon
Tokai Carbon
IBIDEN
Nippon Techno-Carbon Co., Ltd.
Baofeng Five-star Graphite Co., Ltd.
CGT Carbon
Chengdu Carbon Co., Ltd.

What Deliverables Will You Get in this Report?

Key questions this report answers	Relevant contents in the report
How big is the sales opportunity?	In-depth analysis of the Isostatic Graphite Market
How lucrative is the future?	Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?	Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?	Market segment analysis and forecast
Which are the top players and their market positioning?	Competitive landscape analysis, Market share analysis
How complex is the business environment?	Porter's five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?	Drivers & challenges
Will I get the information on my specific requirements?	10% free customization

Related reports which might be useful:

About us –

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. The reliability and insightfulness of the reports enable the readers to take convincing business decisions.

Stratview Research has been helping companies to meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

Are you looking for any specific data customized to your objectives? We are just a mail away.

Stratview Research

E-mail: [email protected]

Direct: +1-313-307-4176

Logo: https://mma.prnewswire.com/media/660595/Stratview_Research_Logo.jpg

SOURCE Stratview Research