Graphite artificial price November 2024 and outlook (see chart below)
- North America:US$2.8/KG, 1.1% up
- Europe:US$2.76/KG, unchanged
- Northeast Asia:US$2.56/KG, unchanged
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Graphite artificial price index
This post is a summary of the artificial graphite acid price developments. The price developments of artificial graphite are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Artificial graphite price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for artificial graphite prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of artificial graphite prices
- Recent price developments of underlying feedstocks which drive the price of artificial graphite
- Market futures for both cost drives and feedstocks of artificial graphite prices
- Adjustment of current supply/demand imbalances in the artificial graphite market
- Longer term trends in likely demand conditions
Further information on the Artifical graphite price index
What is artificial graphite
Artificial graphite, also known as synthetic graphite, is a man-made form of graphite that is produced by heating carbon to very high temperatures in the absence of oxygen. The process of making artificial graphite is called graphitization.
Artificial graphite has many of the same properties as natural graphite, including high electrical conductivity, high thermal conductivity, and low coefficient of thermal expansion. However, it is often more pure and has a more uniform structure than natural graphite, making it more suitable for certain applications.
Artificial graphite is used in a variety of applications, including batteries, lubricants, paints and coatings, and refractory materials. It is also used as an electrode material in electrolysis and as a catalyst in certain chemical reactions.
In recent years, the demand for artificial graphite has increased due to the growing use of electric vehicles and the need for high-performance battery materials. Artificial graphite is also used in the production of graphene, a two-dimensional form of carbon with unique electrical and mechanical properties.
How is artificial graphite produced
Artificial graphite, also known as synthetic graphite, is produced by heating carbon to very high temperatures in the absence of oxygen. The process of making artificial graphite is called graphitization.
There are several methods used to produce artificial graphite, including:
High-temperature graphitization
This method involves heating carbon to temperatures between 2,500 and 3,500 degrees Celsius in a vacuum or inert atmosphere to produce artificial graphite.
Chemical vapor deposition
In this method, a chemical vapor is used to deposit a thin layer of carbon onto a substrate, which is then heated to produce artificial graphite.
Directed graphitization
This method involves heating a mixture of carbon and a catalyst to high temperatures to produce artificial graphite.
Thermal decomposition
This method involves heating a carbon-containing compound to high temperatures to produce artificial graphite.
Regardless of the method used, the goal of producing artificial graphite is to create a material with a highly ordered, crystalline structure and high purity. The resulting artificial graphite can then be used in a variety of applications, including batteries, lubricants, paints and coatings, and refractory materials.
What is artificial graphite used for
Artificial graphite, also known as synthetic graphite, is a man-made form of graphite that is used in a variety of applications due to its unique properties, including high electrical conductivity, high thermal conductivity, and low coefficient of thermal expansion. Some of the main uses of artificial graphite include:
Batteries
Artificial graphite is often used as an electrode material in lithium-ion batteries, which are commonly used in portable electronic devices and electric vehicles.
Lubricants
Artificial graphite is used as a dry lubricant in applications where oil or grease cannot be used, such as in vacuum environments or in high-temperature applications.
Paints and coatings
Artificial graphite is used as a pigment in paints and coatings to provide a matte finish and improve the corrosion resistance of the coating.
Refractory materials
Artificial graphite is used as a refractory material in high-temperature applications, such as in the production of steel and other alloys.
Electrolysis
Artificial graphite is used as an electrode material in electrolysis, a process used to produce chemicals and other materials by using electricity to drive chemical reactions.
Catalysis
Artificial graphite is used as a catalyst in certain chemical reactions, such as the production of chloralkali, which is used to make chlorine and caustic soda.
In recent years, the demand for artificial graphite has increased due to the growing use of electric vehicles and the need for high-performance battery materials. Artificial graphite is also used in the production of graphene, a two-dimensional form of carbon with unique electrical and mechanical properties.
How big is the artificial graphite market
The market for artificial graphite is relatively small compared to other materials and industries, but it has been growing in recent years due to increasing demand for high-performance materials and the growing use of electric vehicles.
According to a report by Mordor Intelligence, the global artificial graphite market was valued at approximately $14 billion in 2020 and is expected to reach $21 billion by 2025, at a compound annual growth rate (CAGR) of 7.5%.
The Asia-Pacific region is the largest market for artificial graphite, accounting for more than 50% of global demand. China is the largest producer and consumer of artificial graphite, followed by Japan and South Korea.
The main drivers of the artificial graphite market are the growing demand for lithium-ion batteries, which are used in electric vehicles and portable electronic devices, and the increasing use of artificial graphite as a dry lubricant in high-temperature and vacuum environments.
Other factors that are expected to contribute to the growth of the artificial graphite market include the increasing demand for high-performance materials in the aerospace and defense industry, and the use of artificial graphite in the production of graphene, a two-dimensional form of carbon with unique electrical and mechanical properties.
According to https://oec.world/ :
Artificial Graphite are the world’s 655th most traded product.
In 2020, the top exporters of Artificial Graphite were China ($941M), Japan ($255M), Germany ($176M), South Korea ($168M), and United States ($145M).
In 2020, the top importers of Artificial Graphite were United States ($309M), China ($285M), Poland ($280M), South Korea ($259M), and Germany ($143M).
Further reading
- Wikipedia for general, history, production and usage information
- PubChem for chemistry and property information
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