Spherical Graphite Types and the Growth of the Market
There are several types of Spherical Graphite. These include Coated Spherical Purified Graphite (CSPG) andNatural flake graphite. Let's take a look at these graphite types and the growth of the spherical graphite market.
Synthetic graphite
Graphite is a non-metallic mineral that is one of two types of carbon. It is the strongest naturally occurring substance and a very good conductor of electricity and heat. Graphite is also a chemically inert material and exhibits good resistance to corrosion. It is an excellent choice for reinforcing materials due to its high density and lightweight.
Artificial graphite can be made by heat-treating coal-tar pitch, petroleum coke, or oil. However, the higher the temperature, the lower the specific capacity and reversibility of the material. A typical graphite cell has a capacity of 1000 Ah kg-1 at 500 degrees C and only 150 Ah kg-1 at 1800 degrees C. AGC can also be produced with a higher specific capacity by varying the graphitization process to minimize irreversible charge.
Natural flake graphite
The current supply and demand situation for natural flake sphere graphite has several challenges. The recent outbreak of Covid-19 in China has restricted supply and disrupted land transport. The resurgence of Covid-19 in neighboring Liaoning province has also contributed to supply-side problems. In addition to these challenges, the war in Ukraine has also affected the market. Fortunately, Volt Resources recently acquired a 70% controlling stake in Zavalievsky Graphite in 2021. The company plans to restore the mine to nameplate capacity by 2022.
Flake graphite is an important raw material for various applications. The refractory and spherical industries are two of the primary consumers. In the past few years, flake graphite demand has risen significantly in response to the growing demand for eco-friendly vehicles. It is a key ingredient in lithium-ion batteries, and it is also required for fuel cells.
Coated Spherical Purified Graphite (CSPG)
Coated spherical purified graphite is a promising material for lithium-ion batteries. Its properties are comparable to synthetic materials, including higher specific capacity and higher discharge rates. The material is a result of a new process called spheroidization. Currently, CSPG is being tested in laboratories at -30 and 80degC.
Coated spherical purified graphite (CSPG) is an alternative to artificial anodes. This new material is an important development in the global push towards clean tech. As the demand for hybrid and EV cars continues to rise, the mining industry will need to shift into high gear. Tesla, for instance, estimates that it will require more than 26,000 tonnes of spherical graphite by 2021 to produce over 300,000 vehicles.
Growth of spherical graphite market
The Spherical Graphite market is segmented based on region, type, and end-user. The report also examines macroeconomic patterns and customer purchasing habits. The report provides valuable insights about the market and offers business solutions. This report is a valuable tool for new and established market players looking to grow their businesses.
The market for spherical graphite is expected to grow at a steady pace over the next few years, driven by a number of factors. For example, increasing concern about greenhouse gas emissions has led to an increased focus on sustainable manufacturing systems. Further, the demand for batteries is on the rise, with a variety of applications requiring graphite.
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