South Korea Expanded Graphite Powder Market was valued at USD 0.11 Billion in 2022 and is projected to reach USD 0.19 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The South Korea Expanded Graphite Powder Market is witnessing significant growth as industries across various sectors seek advanced materials to meet their evolving needs. Expanded graphite powder, with its unique properties such as high thermal conductivity, high surface area, and excellent chemical stability, is gaining momentum in industries ranging from automotive to electronics and energy. As a result, there has been a notable increase in demand for this versatile material, with companies and manufacturers looking to capitalize on its benefits.
One of the primary drivers for the expanded graphite powder market in South Korea is its adoption in the energy sector. With the growing need for efficient energy storage and management systems, expanded graphite powder plays a crucial role in the production of high-performance batteries and supercapacitors. This is particularly true in the electric vehicle (EV) market, where lightweight and high-capacity energy storage solutions are in high demand. The ability of expanded graphite powder to improve the performance and longevity of batteries makes it a valuable component in meeting the global push for more sustainable transportation solutions.
In the electronics industry, the demand for expanded graphite powder is also on the rise. This material's superior thermal conductivity and resistance to oxidation make it ideal for use in heat sinks, which are essential for preventing overheating in electronic devices. As consumer electronics become more advanced and compact, the need for efficient thermal management solutions grows, further propelling the expanded graphite powder market in South Korea.
The automotive sector is another major contributor to the growing demand for expanded graphite powder. Automotive manufacturers are increasingly turning to this material for its ability to provide heat resistance and reduce friction in engine components, gaskets, and seals. As South Korea continues to strengthen its position in the global automotive industry, the expanded graphite powder market is expected to expand in parallel.
Additionally, industries such as construction and aerospace are tapping into the potential of expanded graphite powder for insulation applications and to enhance the structural integrity of lightweight materials. The versatility of this material makes it suitable for a wide range of applications across various sectors, further driving its market demand in South Korea.
As the demand for expanded graphite powder continues to rise, South Korean manufacturers are focusing on improving production techniques and exploring new applications to meet the diverse requirements of industries. With its broad range of benefits, expanded graphite powder is poised to become an essential component in South Korea’s industrial landscape, contributing significantly to technological advancements and environmental sustainability.
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SGL Carbon
NGS
NeoGraf Solutions
LLC
Graphite Central
BariteWorld
Stanford Advanced Materials (SAM)
Nippon Kokuen Group
US Research Nanomaterials
Inc
Xingshi Group
CGT Carbon GmbH
Nano Research Elements
Beijing Jinglong Special Carbon Technology Co.
Ltd.
Asbury
LKAB Minerals
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Expanded Graphite Powder Market
Aerospace
Automotive
Electronics
Construction
Metallurgy
Energy Storage
Healthcare
Flakes
Granules
Powders
Sheets
Reinforcement Material
Lubricants
Sealants
Fireproofing Agents
Coatings and Inks
Thermal and Electrical Conductors
Conductive Expandable Graphite
Flame Retardant Expandable Graphite
Thermal Management Expandable Graphite
Graphene-Based Expandable Graphite
Direct Sales
Distributors
Online Retail
Wholesale
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Expanded Graphite Powder Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Expanded Graphite Powder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Expanded Graphite Powder Market, By Type
6. South Korea Expanded Graphite Powder Market, By Application
7. South Korea Expanded Graphite Powder Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Expanded Graphite Powder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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