Water Based Colloidal Graphite Market to Surpass US$ 1,169.2 Mn by 2030
Global water based colloidal graphite market was valued at US$ 736.4 million in 2022. According to Global Water-Based Colloidal Graphite Market Report, By Application (Lubricant/Release Agent (Forging, Die Casting & Extrusion), Anti-static Coatings, Conductive Ink, Others (Smart Fabrics etc.)), and By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) as published by Coherent Market Insights
Global water based colloidal graphite market was valued at US$ 736.4 million in 2022, and is estimated to exhibit a CAGR of 5.9% during the forecast period (2023 to 2030).
Colloidal graphite is a conductive coating and industrial lubricant that is made up of a liquid suspension of graphitic carbon in water or different organic solvents. It derived as concentrated paste that must be diluted with distilled water to reach the correct consistency before use. It can be applied by brushing, swabbing, spraying, or dipping, and then dried to leave a layer of pure graphite on the surface. The coating gets electrically conductive after drying. Its resistance and other electrical properties change depends on the degree of dilution and the technique of application.
Aquadag is a trade name for a water-based colloidal graphite coating commonly used in cathode ray tubes.
Key Trends and Analysis of the Global Water Based Colloidal Graphite Market:
- Players operating in the water-based colloidal graphite market are focusing on new product development with the objective of attracting new customers by meeting their demands, and also to retain their market position. The new Water Based Colloidal Graphite coating solution has good adhesion properties, good suspension effect, moderate viscosity, and the graphite that gets uniformly attached to surface of stainless steel rod.
- Increasing use of water-based colloidal graphite for manufacturing of smart textiles is expected to drive the global water based colloidal graphite market growth during the forecast period. The smart textiles are material and structures that sense & monitor external stimuli, translating those responses into data, and then responding accordingly. Smart textile can be fabricated through two approaches: a) weaving a textile with conductive yarn of copper/silver/carbon fiber, or b) depositing conductive particles on a woven fabric through the coating process. Coating process is the most widely used process due to its economic viability and ease of processing. Micro particles of gold, silver, carbon nanotubes, carbon black, graphite, and others are used for imparting conductive coatings.
- During the forecast period, global water-based colloidal graphite market growth can be restrained by increasing export duties on graphite in China as china a leading manufacturer and a decreasing price trend for natural graphite. However, rising use of green technologies, and mergers and acquisitions are expected to provide profitable growth prospects for leading companies to preserve their market positions in the forecast years
Global Water Based Colloidal Graphite Market- Key Players
Key players operating in the global water based colloidal graphite market include American Elements, Asbury Carbons Inc., Benzer Dental AG, Chem-Verse Consultants (India) Private Ltd., Fuchs Petrolub SE, Henkel AG, Imerys S.A., Kaiyu Industrial (HK) Limited, Ted Pella, Inc., and Quaker Houghton
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/water-based-colloidal-graphite-market-4923
Key Takeaways
On the basis of application, anti-static coatings sub-segment dominated the global water based colloidal graphite market in 2020 with around 27.0% of market share, in terms of revenue, followed by conductive ink and others (smart fabrics, etc.). The growth is attributed to advantages offered by water based colloidal graphite products such as smooth, dry coating with an extra-long wear lifespan that adheres well to most substrates.
Global Water Based Colloidal Graphite Market- Impact of Coronavirus (COVID-19) Pandemic
COVID-19 had negative impact on the global water based colloidal graphite market. Numerous countries implemented lockdown as a result of COVID-19, which had a significant impact on the global economy. Water based colloidal graphite is commonly used in the refractories business. Economic and industrial activities were temporarily halted, and the refractories market was affected in terms of both production and demand from end-use industries such as iron and steel, cement, energy and chemicals, ceramics, and others. The shutdown caused by the COVID-19 epidemic, which negatively affected refectories sector, hampered the global water based colloidal graphite market.
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