What is Synthetic Graphite Powder?

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According to statistics from China Chemical and Physical Power Supply Industry Association， China's export volume and export value of lithium-ion batteries have continued to increase. In 2021, China's exports of lithium-ion batteries were 3.428 billion, with a year-on-year growth of 54.34%. The export of lithium-ion batteries was 28.428 billion DOLLARS, up 78.34% year on year. 

From the battery export destination, so far. China's lithium-ion batteries are mainly exported to the Asia Pacific and the United States and other places. In terms of price, the price of products exported to the United States is significantly higher than that in the Asia-Pacific region, mainly because the demand for lithium-ion batteries in the United States is higher than that in the Asia-Pacific region. In terms of export volume, the number of China's lithium-ion battery exports to Asian countries and regions far exceeds that of other countries. In 2021, The number of China's lithium-ion battery exports to Hong Kong, China is 675 million. 648 million were exported to Vietnam; 440 million were exported to India; 337 million were exported to the U.S. 222 million were exported to South Korea. The market for other Synthetic Graphite , led by lithium-ion batteries, is expected to expand globally. 

Synthetic graphite plays a significant role in a few highly specialized industries. Here’s a look at what it is and why investors should know about it.

Synthetic graphite is a unique material often used in metal manufacturing and energy devices such as batteries and solar panels.

Synthetic graphite comprises high-purity carbon and is known for its ability to withstand high temperatures and corrosion. Those characteristics make it an excellent option for highly specialized industries that need predictable results from their carbon materials.

Understanding the difference between synthetic and natural graphite is essential for investors, as industries typically need a specific type of graphite for their applications. Here’s a look at the synthetic graphite market and what it offers.

 What is synthetic graphite used for?

Synthetic graphite is used in many applications, including but not limited to friction, foundry, electrical carbons, fuel cell bipolar plates, coatings, electrolytic processes, corrosion products, conductive fillers, rubber and plastic compounds, and drilling applications.

Is synthetic graphite terrible for the environment?

Graphite operations can also lead to pollution because chemicals leak into local waters. According to industry sources, the purifying process, especially in China, is commonly done with acids, often hydrofluoric acid, a highly toxic substance.

Why is synthetic graphite expensive?

Synthetic graphite can be significantly more expensive to produce than natural graphite, as the process is relatively energy-intensive. The cost can be double or triple the standard price for natural graphite.

Graphite market information

The outlook for the overall graphite market is positive and is tied to the battery industry and energy storage applications. Benchmark Mineral Intelligence expects to see double-digit growth in the battery sector from 2022 onwards in graphite demand.

Andrew Miller, product director at Benchmark Mineral Intelligence, has said the firm attributes the growth to “stimulus packages boosting the long-term battery market trajectory, and ongoing commitments from original equipment manufacturers.”

Graphite demand from the lithium-ion battery sector is expected to rise substantially from nearly 200,000 tonnes per year in a 700,000 to 800,000-tonne market to nearly 3 million tonnes a year in a 4 million tonne market by 2030.

Roskill sees growth opportunities for synthetic and natural graphite in the lithium-ion battery market. It expects total graphite demand to rise by about 5 to 6 per cent per year over the next decade.

As a whole, it appears that the future is bright for graphite. However, synthetic graphite will still face somewhat of an uphill battle. Natural graphite is the fastest-growing subset of graphite through 2030 — and improvements in purity are helping natural graphite enter the nuclear technology and high-end battery markets, which synthetics have typically owned. Price will undoubtedly be a determining factor in the competition between natural and synthetic graphite.

Would you invest in synthetic graphite? Why or why not?

High-quality synthetic graphite manufacturer

Luoyang Moon & Star New Energy Technology Co., LTD, founded on October 17, 2008, is a high-tech enterprise committed to developing, producing, processing, selling, and technical services of lithium-ion battery anode materials. After more than ten years of development, the company has gradually developed into a diversified product structure with natural graphite, artificial graphite, composite graphite, intermediate phase and other harmful materials (silicon-carbon materials, etc.). The products are widely used in high-end lithium-ion digital power and energy storage batteries.

If you are looking for graphite or lithium battery anode material, click on the needed products and send us an inquiry：sales@graphite-corp.com.

Due to the limited total amount of traditional energy, people have a huge demand for cleaner and greener new energy alternatives. Now, the emergence of graphene is unlocking the possibility of its application in the energy field, which can create a greener, more efficient, and sustainable future. Here Francesco Bonaccorso, Deputy Director of Innovation at the Graphene Flagship Program, explains how his researchers have developed a series of initiatives to bring graphene from the lab to the commercial market. Graphene has become a research hotspot for new materials in the 21st century. Graphene has been adopted by many industries, the most notable of which are healthcare and key material applications.

The development of graphene has brought huge fluctuations in the demand for Synthetic Graphite , and the demand for Synthetic Graphite will continue to grow in the future. You can contact us for the latest news on Synthetic Graphite .

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