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Global Glassy Carbon Market - WishTree Insight

Global Glassy Carbon Market - Market Size, Share & Industry Trends, Growth Analysis Report by Product Type, By Consumption and Forecast 2022 – 2032

  • Report ID: 10120

  • No. Of Pages: 150

  • Pub. Date: 2023-02-07

Global Glassy Carbon Market by Synthesis (Low-Temperature Synthesis and High-Temperature Synthesis), Application (Surgical Implants, Electrode Material, Temperature Management, Semiconductors & Electronic, and Others), and Regions, The Asia Pacific, Middle East Africa, Europe, North America, and Latin America) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2022 – 2032

The Glassy Carbon market size was valued at USD 82.6 million in 2022 and is expected to surpass USD 119.2 million by 2032, expanding at a CAGR of 3.9 % during the forecast period, 2022–2032. The market's growth is attributed to high demand as an electrode material in electrochemistry, electrical & electronics applications, and others.

INTRODUCTION

Glassy Carbon is a material that is made by carbonizing a polymer at high temperatures. The resulting material is a highly cross-linked carbon structure that is extremely hard and brittle. It has a very low coefficient of thermal expansion, high thermal conductivity, and excellent chemical resistance. Glassy Carbon is often used in applications such as electrical insulation, high-temperature furnace components, and as an electrode material in electrochemistry.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for consumer electronics has surged the popularity of electrochemical coating applications where glassy carbon which is driving the market growth.
  • Rising disposable income, rapid growth in population, and increase in urbanization have created lucrative demand for the global glassy carbon market.
  • Rising demand for integrated circuits, sensors, semiconductors, and other electronic devices of aircraft due to their ultra-strong, lightweight, elastic, and electrically conductive properties is anticipated to boost the market growth.

Scope of the Report

Attributes

Details

Report Title Glassy Carbon Market - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast
Base Year 2021
Historic Data 2020–2021
Forecast Period 2021–2031
Segmentation Synthesis (Low Temperature Synthesis and High Temperature Synthesis), Application (Surgical Implants, Electrode Material, Temperature Management, Semiconductors & Electronic, and Others)
Regional Scope The Asia Pacific, Middle East Africa, Europe, North America, and Latin America
Report Coverage Market Analysis Company Share & Size, Growth Factors, Trends, Competitive Landscape, Trends, and Revenue Forecast
Key Players Covered in the Report Redoxme AB (Sweden); Merck KGaA (Germany); Tokai Carbon (Japan); XRD Graphite Manufacturing Co.Ltd (China); Bioanalytical Systems, Inc. (U.S.); Wuhan Corrtest Instruments Corp., Ltd (China)

Market Segment Insights

The high temperature segment is projected to register a considerable CAGR of 3.9%

Based on synthesis, the glassy carbon market is bifurcated into low temperature synthesis and high temperature synthesis. The high-temperature segment is expected to expand at a rapid pace during the forecast period owing to the physical behavior of glassy carbon and other advantages such as greater polarity, elastic modules, wettability, better resistance to oxidation, and lower permeability to gases.

The electrode material segment is expected to expand at a rapid pace

Based on application, the glassy carbon market is divided into surgical implants, electrode material, temperature management, semiconductors & electronics, and others. A rise in R & D activities coupled with rapid technological advancements is driving the development of fuel cells, batteries, and other materials. This is expected to drive rapid growth in the electrode material segment during the forecast period.

The Asia Pacific region is anticipated to constitute a key market share

In terms of regions, the glassy carbon market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of the Asia Pacific region is expected to constitute a key share of the market during the projected period owing to the proliferating demand for glass-like carbon from various end-use industries. However, the market of Europe and North America is anticipated to expand at a rapid pace during the forecast period.

Competitive Landscape

Key players competing in the Glassy Carbon market are Redoxme AB (Sweden); Merck KGaA (Germany); Tokai Carbon (Japan); XRD Graphite Manufacturing Co.Ltd (China); Bioanalytical Systems, Inc. (U.S.); Wuhan Corrtest Instruments Corp., Ltd (China).

FAQs

How much is the market worth?

The Glassy Carbon market size was valued at USD 82.6 million in 2022 and is expected to surpass USD 119.2 million by 2032.

During the forecast period, what is the CAGR of the market?

During the forecast period, the CAGR of the market is expected to be 3.9%.

What are the key drivers of the market?

The market's growth is attributed to high demand as an electrode material in electrochemistry, electrical & electronics applications, and others.

What segments are covered in the Glassy Carbon report?

The segments covered in the report are synthesis (low-temperature synthesis and high-temperature synthesis), application (surgical implants, electrode material, temperature management, semiconductors & electronics, and others).

Mention which region is expected to hold the highest share of the Glassy Carbon market.

The Asia Pacific region is expected to hold the highest share of the Glassy Carbon market.

Mention the key players in the market.

Redoxme AB (Sweden); Merck KGaA (Germany); Tokai Carbon (Japan); XRD Graphite Manufacturing Co.Ltd (China); Bioanalytical Systems, Inc. (U.S.); Wuhan Corrtest Instruments Corp., Ltd (China)

1 INTRODUCTION TO GLOBAL GLASSY CARBON MARKET

1.1 Overview of the Market

1.2 Scope of Report

1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF WISH TREE INSIGHTS

3.1 Data Mining

3.2 Validation

3.3 Primary Interviews

3.4 List of Data Sources

4 GLOBAL GLASSY CARBON MARKET OUTLOOK

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Value Chain Analysis

5 GLOBAL GLASSY CARBON MARKET, BY SYNTHESIS

5.1 Overview

5.2 Low Temperature Synthesis

5.3 High Temperature Synthesis

6 GLOBAL GLASSY CARBON MARKET, APPLICATION

6.1 Overview

6.2 Surgical Implants

6.3 Electrode Material

6.4 Temperature Management

6.5 Semiconductors & Electronic

6.6 Others

7 GLOBAL GLASSY CARBON MARKET, BY GEOGRAPHY

7.1 Overview

7.2 North America

7.2.1 U.S.

7.2.2 Canada

7.2.3 Mexico

7.3 Europe

7.3.1 Germany

7.3.2 U.K.

7.3.3 France

7.3.4 Rest of Europe

7.4 The Asia Pacific

7.4.1 China

7.4.2 Japan

7.4.3 India

7.4.4 Rest of Asia Pacific

7.5 Rest of the World

7.5.1 Latin America

7.5.2 The Middle East & Africa

8 GLOBAL GLASSY CARBON MARKET COMPETITIVE LANDSCAPE

8.1 Overview

8.2 Company Market Ranking

8.3 Key Development Strategies

9 COMPANY PROFILES

9.1 Redoxme AB (Sweden)

9.1.1 Overview

9.1.2 Financial Performance

9.1.3 Product Outlook

9.1.4 Key Developments

9.2 Merck KGaA (Germany)

9.2.1 Overview

9.2.2 Financial Performance

9.2.3 Product Outlook

9.2.4 Key Developments

9.3 Tokai Carbon (Japan)

9.3.1 Overview

9.3.2 Financial Performance

9.3.3 Product Outlook

9.3.4 Key Developments

9.4 XRD Graphite Manufacturing Co. Ltd (China)

9.4.1 Overview

9.4.2 Financial Performance

9.4.3 Product Outlook

9.4.4 Key Developments

9.5 Bioanalytical Systems, Inc. (U.S.)

9.5.1 Overview

9.5.2 Financial Performance

9.5.3 Product Outlook

9.5.4 Key Developments

9.6 Wuhan Corrtest Instruments Corp., Ltd (China)

9.6.1 Overview

9.6.2 Financial Performance

9.6.3 Product Outlook

9.6.4 Key Developments

10 Appendix

10.1 Related Research

Segments Covered in the Report

Synthesis

  • Low-Temperature Synthesis
  • High-Temperature Synthesis

Application

  • Surgical Implants
  • Electrode Material
  • Temperature Management
  • Semiconductors & Electronic
  • Others

Regions

  • The Asia Pacific
  • The Middle East & Africa
  • Europe
  • North America
  • Latin America

Key Players

  • Redoxme AB (Sweden)
  • Merck KGaA (Germany)
  • Tokai Carbon (Japan)
  • XRD Graphite Manufacturing Co.Ltd (China)
  • Bioanalytical Systems, Inc. (U.S.)
  • Wuhan Corrtest Instruments Corp., Ltd (China)

WishTree Insights uses recent research tools and provides accurate data to the clients. Our expert team delivers the perfect research report that generates revenue and recommendations.

By using the Bottom-Up and Top-Down methods we carry out extensive research. Our focus is on the following parameters:

  • Market drivers, opportunities, and restraints.
  • Raw material, supply, and economic estimate.
  • Current and expected estimations up to 2031

Our expertise uses primary research with Key for validating the market forecasts:

  • Established market players
  • Distributors
  • End Users

WishTree Database

Primary research

Secondary research

  • Manufacturers
  • Case Study
  • Distributors
  • Company reports and publications
  • Consumer Survey
  • Government publications
  • End-User survey
  • Economic and demographic data
 
  • Customer Reference

Industry Analysis

Qualitative analysis

Quantitative analysis

  • Industry landscape and trends
  • Market revenue estimates and forecast up to 2031
  • Technology landscape
  • Market revenue estimates and forecasts up to 2031, by technology
  • Market dynamics and key issues
  • Market revenue estimates and forecasts up to 2031, by application
  • Market opportunities
  • Market revenue estimates and forecasts up to 2031, by type
  • Policy and regulatory scenario
 
  • Competitive landscape
 

Our Plans

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  • Receive Data As Per Your Format and Definition

  • Companies Profiled based on Your Requirements

  • Breaking Down Competitive Landscape as per Your Requirements

  • Any Level of Customization

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