Isotropic Graphite Market Projected to be Influenced by Rising Technological Innovations

Isotropic graphite is a high-density graphite that is more durable than the conventional graphite. Conventional graphite is termed as anisotropic graphite. It has limited usage in various applications. Isotropic graphite is employed in a large number of applications in many industries. It is primarily used in solar cell and aerospace applications. It has significant usage in the electronics industry. Isotropic graphite is employed in the manufacturing process of polycrystalline silicon, white LEDs, etc. Isotropic graphite is super fine grain graphite which provides high strength, excellent surface finish, and holds resistance properties. Isotropic graphite has wide range of applications including high strength electrodes, large featured, molds, structural ribs.

Global Isotropic Graphite Market: Segmentation

The global isotropic graphite market can be segmented based on application, end-use industry, and region. In terms of application, the isotropic graphite market can be divided into solar cell, industrial furnaces, and casting dies for copper alloys. The solar cell segment accounted for major share of the market in 2017 due to the high consumption of isotropic graphite in solar cells. In terms of end-use industry, the isotropic market can be segregated into semiconductor, solar power, metallurgical, and others. The solar power segment held significant share of the market in 2017. Increase in government initiatives to support the usage of solar power is fueling the isotropic graphite market.

Global Isotropic Graphite Market: Trends & Developments

Isotropic graphite denotes as a graphite material, which consists microparticles and holds isotropic structure & properties. It is mass-produced through cold isostatic pressing (CIP). Demand for isotropic graphite has been increasing due to supportive government policies for usage of solar energy. Isotropic graphite is widely employed in solar energy. This is driving the isotropic graphite market. Rise in demand for isotropic graphite as a flame retardant is also anticipated to boost the market. However, tightened supply of isotropic graphite inhibits the market. Nevertheless, rapid expansion in the lithium ion battery industry is estimated to create lucrative opportunities in the isotropic graphite market during the forecast period.

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Global Isotropic Graphite Market: Regional Outlook

Based on region, the global isotropic graphite market can be split into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific accounted for the major hare of the global isotropic graphite market in 2017. It is expected to be the fastest growing region during the forecast period. Rapid expansion of end-user industries, including electronics and photovoltaic, in emerging economies such as China, India, Japan, and South Korea is augmenting the isotropic graphite in Asia Pacific. China has one of the significant semiconductor industries in the world. According to the Associated Chambers of Commerce of India (ASSOCHAM), China is growing market due to the expansion in the electronics manufacturing base in the country. Europe and North America are mature regions of the isotropic graphite market, led by the presence of well-established end-user industries and early adoption of solar power. The isotropic graphite market in Middle East & Africa and Latin America is projected to expand at a noticeable pace in the near future, due to the presence of developing economies in these regions.

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Global Isotropic Graphite Market: Key Players

Key players operating in the global isotropic graphite market are Fangda Carbon New Material Co. Ltd, GrafTech International, Ibiden Co. Ltd, Mersen SA, Nippon Carbon Co. Ltd., Poco Graphite, Pingdingshan Kaiyuan Special Graphite Co. Ltd., SGL Group, Tokai Carbon Co. Ltd, and Toyo Tanso Co. Ltd.

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Tunnel Boring Machine Market: Applications, Revenue, Growth and Trends

Tunnel boring machines are gigantic special-purpose machines, particularly used in building tunnels for roads, railways, and pipelines. These machines are long with circular cross-sections and help in boring round holes through any rock. Tunnel boring machines are intricate assemblies of several systems working in conjunction with each other. Diameter of tunnel boring machines ranges from 1 meter to 20 meters. These machines can cut clean through rocks, sometimes along with creating concrete shields around the bored tunnels. The tunnel boring machine market is largely driven by the increase in spending on road and railway infrastructure. Countries such as China, Japan, Italy, South Korea, Norway, and Germany have vast tunnel networks. The key reason is to connect major cities within the country, sometimes even international, with minimum commute time. This largely optimizes the transportation costs and connects cities to boost commerce. The other method for building tunnels is...

GLOBAL WOOD COATINGS MARKET TO TOUCH VALUATION OF US$17.595 BN BY 2025 END

The global wood coatings market features a highly competitive landscape owing to the presence of a plethora of companies competing against one another, notes Transparency Market Research (TMR). Top players in the wood coatings market increasingly resort to forward integration strategies to gain substantial competitive benefits, which may help them to retain their stronghold over the assessment period. Several players are also focusing on product differentiations to attract more consumers and consolidate their positions in various regions. This is especially the trend among small- and medium-scale manufacturers who find this a key strategy to gain a foothold in the wood coatings market. TMR finds that the wood coatings market is also fairly consolidated as the top four players held a combined share of nearly 60.0% in 2016. These companies are RPM International Inc., Akzo Novel N.V., PPG Industries Inc., and The Sherwin Williams Company. Of these, The Sherwin Willia...

ANTHOCYANIN CONSUMPTION LEVELS TO TAKE OFF IN DEVELOPING REGIONAL MARKET

TMR projects the global anthocyanin market to reach US$ 735.9 Mn by 2026. Over this period of 2018-2026, the anthocyanin market is forecast to report a CAGR of 4.6%. Among the key end use segments, the food and beverages industry is likely to lead the market in 2018. The trend is likely to remain unchanged throughout the course of the forecast period. Regionally, the North America anthocyanin market held the leading share in the global market in 2018. The global anthocyanin market exhibits the presence of several large companies. Besides this, domestic players enjoy a stronghold in regional pockets, which has rendered the market highly competitive. According to a new study by Transparency Market Research (TMR), Archer Daniels Midlands Co., Sensient Technologies Corp, Symrise A.G., and CHR Hansen A/S held nearly 50% of the global anthocyanin market in 2018, thereby registering their dominance. To sustain growth amidst the prevailing competition, the leading players...

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