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Rise in Demand from Photovoltaic Industry Expected to Drive Global Isostatic Pressure Graphite Market: Ken Research

The isostatic pressing graphite is formed by the high pressure of super high pressure hydraulic equipment, with working principle same as that of products formed under similar condition of equal and high pressure applied from all directions and container being closed with the high-pressure. The name of isostatic graphite originated from the manufacturing process associated to Cold Isostatic Pressing (CIP), where graphite is also is statically pressed from all sides. This manufacturing process provided key characteristics to material such as high strength, high density and isotropic homogeneity. Isostatic pressing graphite is used in variety of applications linked with semiconductor and photovoltaic industries. The isostatic graphite market supported properties such as strong thermal stability, low expansion ratio, significant chemical resistance, significant machinability, and exceptional electrical conductivity.

According to study, “Global Isostatic Pressure Graphite Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global isostatic pressure graphite market are Baofeng Five-star Graphite Co., Ltd., Energoprom, Datong Xincheng New Material Co., Ltd., GrafTech International Holdings Inc., IBIDEN CO., LTD., Tokai Carbon Co., Ltd., Fangda Carbon New Material Co., Ltd., SGL Group, Mersen Group, Toyo Tanso, Nippon Graphite Industries, Co., Ltd., Graphite India Ltd.The key companies operating the market are constantly endeavoring to develop new and better ways to manufacture the Isostatic Graphite materials.

Based on type, isostatic pressure graphite market is bifurcated into natural isostatic pressure graphite and synthetic isostatic pressure graphite. Based on application, market is bifurcated into electrode, electrical discharge machining, high temperature applications, polysilicon production, frictional products, silicon crystal, parts & components, and others. The electrode segment is expected to expand at a significant pace owing to growth in demand from emerging economies such as India and China during the forecast period. In addition, based on end-use industry, market is bifurcated into metal, electrical & electronics, photovoltaic, automotive, industrial, and others. The electrical & electronics segment is one the major segment dominating the market owing to rise in demand for the electrical discharge machining applications. In industries there has been substantial rise in demand related to carbon with superior stability, improved, and uniform properties.

The isostatic pressure graphite market is driven by rise in demand from semiconductor sector, followed by easy availability of raw materials. However, threat of substitution from other graphite materials may impact the market. With the development of economy, the domestic and international market capacity of static pressure graphite is increasing day by day, and the development potential is huge Moreover, growth in development of new manufacturing processes of isostatic pressure graphite and applications is a key opportunity for market.

Based on geography, the Asian-Pacific region holds major share in isostatic pressure graphite market owing to increase in demand from photovoltaic and electrical & electronics industries in the region. Whereas, the North-American and European regions are estimated to exhibit substantial growth rate due to rise in demand from automotive industry over the forecast period. In upcoming years, it is predicted that the market will be reached at rapid pace on account of growth in technological advancements during the forecast period.

For More Information on the research report, refer to below link:-

Global Isostatic Pressure Graphite Market

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