Flake Graphite Market is Anticipated to Witness High Growth Owing to Increasing Demand from Refractory Applications
Flake graphite has excellent heat resistance and corrosion resistance properties that makes it suitable for refractory applications. Refractory applications such as crucibles and linings used in iron and steel-making industries consumes major share of the global flake graphite production. Flake graphite acts as a binder in the manufacturing of refractory bricks. There is growing demand from iron and steel industry with rapid industrialization in emerging economies which is driving the demand for flake graphite. Flake graphite has wide applications in lithium-ion batteries, brake linings, gaskets, lubricants and refractories owing to its high strength, chemical inertness and thermal stability. It is a mined minerals that occurs naturally as crystalline flake-shaped particles. The purity and thickness of the flake determine its end use. Large and thick flake graphite is used in applications requiring high purity such as electronics and batteries whereas thin flake graphite finds usag