To improve the website's functionality, we use cookies, including third-party cookies. Read our Privacy Policy for more information

I Agree

Graphite Coatings Market

Graphite Coatings Market Share & Trends Analysis, By Application (Dry Lubrication, Anti-seize Agents, Release Agents), By End-use Industry (Graphite Coatings for Energy, Automotive, Machinery, Textiles) & By Region - Global Insights to 2031

Analysis of Graphite Coatings market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Graphite Coatings Market Outlook

The graphite coatings market value is estimated at US$ 660 Million in FY2021, which is anticipated to swell 1.8X by FY2031. The graphite coatings market observed declined growth in 2020 with global revenue down 8% year-over-year.

Recently published graphite coatings business analysis by Fact.MR, a market research and competitive intelligence provider, showcases the image of strong market growth for graphite coatings on the back of rapid developments in the coatings and automotive industry.

Over the past-half decade, the automotive industry observed billions of dollars in investments to meet upcoming standards set by regulatory bodies across the globe. This not only enhances the integration of graphite coatings but also enhances the trade stability of the product.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Consumption Analysis of Graphite Coatings from 2016 to 2020 Compared to Demand Outlook for 2021 to 2031

Over the past-half decade, graphite coatings took a major leap in the market owing to exquisite properties such as high temperature-resistant and better lubrication compared to conventionally available coatings. This provided market growth at 5.6% CAGR over the same period

Surging demand for nanomaterials due to their advantages in coating applications used for protecting materials is one of the major parameters propelling demand for graphite coatings.

  • In FY2020, graphite coating sales accounted for US$ 617.4 Mn, and are anticipated to increase at 6.1% CAGR over the long-run forecast period.
  • Automotive end-use industry to dominate growth rate during the forecast period.
  • Tier-1 producers of graphite coatings captured more than 1/5 market share in 2020.
  • Shutdown of automotive production put the brakes on the rapidly growing market of graphite coatings in Q2 and Q3 of FY2020. Gradual recovery of the automotive industry will pave the way for graphite coatings business growth reclamation by Q4 of FY2021.

What are the Key Opportunities for Graphite Coating Manufacturers?

The automotive industry has been a key contributor to growing demand for graphite coatings. This is due to the fact that numerous material-handling operations and material-utilization practices are associated with the automobile sector. So there is always high demand of graphite coatings for preventing metal bodies from rust and corrosion.

More than 34% demand for graphite coatings was generated from the automobile sector in 2020, and expanding industrialization across the globe will provide a positive outlook for the forecast period.

Graphite Coatings Market

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

What are the Primary Reasons for Strong Demand for Graphite Coatings?

Due to the chemical properties and honeycomb structure of graphite, there is a considerably low risk of water evaporation at the surface and formation of water spots. This is an important factor that is expected to have a strong impact on the demand for graphite coatings in manufacturing industries.

Graphite coatings offer sufficient resistance at high temperatures and in highly corrosive environments. Moreover, utilization of graphite coatings also addresses heat loss challenges in machinery.

These coatings are also being consumed for lubrication purposes in metal, plastics, or rubber parts without using grease, and this increases the lifespan of machinery.

Various end-use industries such as automotive industries, energy, and others have numerous applications of graphite coatings, because of their thermal and electrical conductivity properties.

Additionally, graphite coatings are progressively being utilized in a variety of applications such as injection moulding, metal powder sintering, brazing, metal coating, welding, and others.

graphite coatings market region by FactMR

Which Region Offers the Largest Opportunity for Sales of Graphite Coatings?

With an absolute dollar opportunity of around US$ 20 Mn, North America is expected to be one of the most lucrative markets for graphite coating manufacturers. North America, specifically the U.S., accounted for the highest demand for graphite coatings due to the presence of a large number of automobile companies, industrial plants, and manufacturing units.

In addition, demand for ceramic coatings in the U.S. has seen momentous growth during the historical period. Graphite coatings are most likely to supplement ceramic coatings over the coming years due to their rising consumption in different end-use industries such as automotive, metal coatings & others.

Improved functional parameters of graphite coatings and increasing consumers complaints related to water spots linked with ceramic coatings have played an imperative role in surging market growth.

Don't Need a Global Report?

Save 40% on Country & Region specific reports

Country-wise Analysis

Why is the U.S. an Important Market for Graphite Coatings?

The U.S. remains the foremost contributor to the growth of graphite coating sales. Demand for graphite coatings in the U.S. is anticipated to witness 5.7% CAGR through 2031. The U.S has the presence of prominent automobile companies, which creates plentiful opportunity for graphite coating manufacturers.

Corrosion is the key factor that generates demand for graphite coatings in automobile industries. Addressing this challenge is the need of the hour, since graphite coatings are most likely to repel water droplets due to their structure.

What Makes China a Lucrative Market for Manufacturers?

China’s automotive market is also a lucrative avenue for manufactures in Asia Pacific, since the government has expected automobile output to reach 30 Mn units by 2021 and 35 Mn units by the end of 2025. This will lead to abundant opportunities to manufacturers of graphite coatings.

China is a prominent automobile market not only in Asia Pacific but also in the world. The Chinese government is continuously focusing on expanding its automotive market through incentives since the past few years. The country is likely to provide a promising stance to manufactures to invest in the next couple of years.

In addition to this, rising trend of smartphones, LED TVs, and larger displays will lead more consumption of graphite coatings over the coming years.

How Has Graphite Coating Demand Been Shaping across Established & Emerging Markets?

Germany: The country is gradually adopting electric vehicles through its policies to reduce dependency on fuel. This not only paves the way for automobile market growth in the country but also clears the path for the graphite coatings business.

Japan: Japan is one of the key exporters of automotive. Key manufacturers in such as Nissan, Toyota, and others have adopted graphite coatings that ensure surface protection. Over the long-run, it is estimated that graphite coating demand will increase at a rapid pace even from other industries such as fasteners and industrial.

Category-wise Insights

Which End-use Industry Accounts for Highest Demand for Graphite Coatings?

Energy, automotive, and electrical & electronics collectively account for prominent demand for graphite coatings. These segments collectively account for more than 45% of consumption of graphite coatings across the globe.

Graphite coatings are progressively being utilized in a variety of applications, including metal powder sintering, injection moulding, and metal casting, brazing, and welding in automotive industries. Moreover increasing consumption of lithium-ion batteries is anticipated to surge demand for these coatings.

The automotive industry has been a key contributor to growing demand for graphite coatings. This industry has witnessed noteworthy share of 34% in the past few years, since a lot of material handling operations and materials utilization is associated with automobile industries. As such, there will be always high demand for coatings from manufacturing industries for preventing metal bodies from rust and corrosion.

How Has COVID-19 Impacted the Sales of Graphite Coatings?

Natural disasters and pandemics such as COVID-19 are unforeseen, and have affected all economies across the globe. Demand constrained by 8-9% in Q2 and Q3 of 2020.

COVID-19 also resulted in impacting demand for graphite coatings, backed by the imposition of lockdowns and demand drop from automotive industries, display manufacturers and solar cell producers which happen to be the prime consumers of graphite coatings.

Moreover, decreased demand and fluctuating industrial output have negatively impacted the market, which is extremely fragmented in nature. In addition to this, industrial demand will rekindle its previous size by the third quarter of 2021, and so it will surge the demand of graphite coatings during the forecast period.

Although, the automotive sector is more likely to provide a lot of prospects to key players in the global graphite coatings market, the aerospace industry is also set to create the demand from end-use industry by 2023.

graphite coatings market competition by FactMR

Competitive Landscape

Majority companies discussed in the report have focused on acquisitions, expansion, investments, and portfolio expansion. Ratings of companies are on the basis of market share, market reach, clientele, etc.

Some of the key developments are:

  • In December 2020, ZEN Graphene Solutions reported that the organization is set to go through a corporate reorganization – a move that is probably going to improve its product portfolio advancement and R&D.
  • In August 2018, Asbury Carbons declared the acquisition of Process Engineering Corporation (PEC).

Similarly, recent developments related to companies manufacturing graphite coatings have been tracked by the team at Fact.MR, which are available in the full report.

Graphite Coatings Market Report Scope



Forecast Period


Historical Data Available for


Market Analysis

Tons for Volume and US$ Mn for Value

Key Regions Covered

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

Key Countries Covered

  • United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • South Africa
  • GCC Countries
  • China
  • Japan
  • South Korea
  • India
  • Indonesia
  • Malaysia
  • Singapore
  • Australia
  • New Zealand

Key Market Segments Covered

  • Application
  • End-use Industry
  • Region

Key Companies Profiled

  • Final Advanced Materials
  • CONDAT Corporation
  • Elcora Advanced Materials Corp.
  • Mersen
  • Van Sickle Paint Mfg. Company
  • Whitford
  • Imerys Graphite & Carbon
  • Asbury Carbons


Available upon Request

Market Segments Covered in Graphite Coatings Industry Analysis

  • By Application

    • Dry Lubrication
    • Anti-seize Agents
    • Release Agents
    • Others (including thermal conductive agents and anti-corrosion agents)
  • By End-use Industry

    • Graphite Coatings for Energy
    • Graphite Coatings for Automotive
    • Graphite Coatings for Machinery
    • Graphite Coatings for Electrical and Electronics
    • Graphite Coatings for Textiles
    • Graphite Coatings for Medical
    • Others

- Premium Report Details -

Graphite Coatings Market

- Let's Connect -

Talk To an Expert Today Connect

- Get Started -

Get insights that lead to new growth opportunities

Buy Now

Get A Special pricing for start-ups and universities

Enquiry Before Buying

- Humble, Yet Honored -

Our prestigious clients

- Research Methodology -

An Adaptive Approach to Modern-day Research Needs

Get Methodology

- FAQs -

In FY2020, the global graphite coatings market was valuated at US$ 617 Mn.

Sales of graphite coatings are projected to increase at a CAGR of over 6% during 2021 – 2031.

Value sales of graphite coatings increased at a CAGR of 5.6% during 2016 – 2020.

Dry lubrication required for heavy machinery is a key trend shaping market growth.

Growing demand for lithium-ion (li-ion) batteries has led high demand for graphite-coated anodes, which, in turn, is driving the sales of graphite coatings.

Top 5 manufacturers of graphite coatings account for more than 20% share in the market.

Top 5 countries driving demand for graphite coatings are the U.S., Canada, France, Germany, and China.

North America accounted for over 1/4 of global graphite coatings sales in 2020.

The European market for graphite coatings is projected to expand at a CAGR of more than 3% during 2021 – 2031.

The United States, Canada, Brazil, Russia, India and China are key producers of graphite coatings.

The market in South Korea and Japan is set expand at over 6% CAGR, with both countries accounting for more than 30% share in the Asia Pacific market.

Exclusive Report

Need An Exclusive Report For Your Unique Requirement?

Google translate