Expandable Graphite Companies

The global expandable graphite market is projected to grow from USD 0.29 billion in 2025 to USD 0.42 billion by 2030, at a CAGR of 7.4% during the forecast period. The global market for expandable graphite is significantly driven by its increasing utilization as a flame retardant, particularly as a halogen-free alternative in fire safety systems. The regulatory landscape is shifting away from traditional halogen-based flame retardants due to their harmful emissions and toxic byproducts released during combustion. In contrast, expandable graphite presents a safer and more environmentally friendly solution. Upon exposure to heat, it expands to create an intumescent insulating layer that effectively slows flame spread, minimizes smoke generation, and enhances fire resistance. These properties render expandable graphite highly suitable for applications across various sectors and industries, including construction materials, electrical cabling, thermal insulation panels, coatings, and flame-retardant textiles. Furthermore, the increasing emphasis on fire safety regulations, sustainable construction methodologies, and non-toxic materials is accelerating the demand for expandable graphite as a flame retardant, thereby promoting its adoption in the construction, electronics, automotive, and industrial sectors.

Expandable Graphite Companies

SGL Carbon (Germany), NeoGraf (US), Yichang Xincheng Graphite Co., Ltd. (China), Graphit Kropfmühl GmbH (Germany), Nacional de Grafite (Brazil), and Qingdao Xinghe Graphite Co., Ltd. (China) fall into the winners’ category. These are leading players globally in the expandable graphite market. These players have adopted the strategies of acquisition, agreements, and expansion to increase their market share.

To know about the assumptions considered for the study download the pdf brochure

SGL Carbon (Germany):

SGL Carbon provides graphite and composite materials and products to the automotive, aerospace, and solar & wind energy industries as well as semiconductor, LED, and lithium-ion battery manufacturers. The company also develops solutions for chemical and industrial applications. It offers products along the value chain for composites and specialty graphite and covers all processing stages, from raw materials and intermediates to finished components. This makes high-quality, tailor-made solutions possible for serial production. SGL’s core business comprises five units: Corporate, Carbon Fibers (CF), Composite Solutions (CS), Graphite Solutions (GS), and Process Technology (PT). The company provides expandable graphite through its Graphite Solutions (GS) business segment. The company has more than 29 high-performing sites in Europe, North America, and Asia.

NeoGraf (US):

NeoGraf is one of the global leaders in graphite material science, specializing in developing and manufacturing carbon and graphite products across various industries. The company operates through various market segments, including Consumer Electronics, Telecommunications/Computing, Transportation, Energy, Manufacturing, Building & Construction, and High-performance Materials. The company provides expandable graphite through its High-performance Materials segment. The company provides products and solutions for various applications, including thermal management solutions, powders and additives, fire stop materials, gaskets & sealants, and fuel cells. The company has a presence in the Americas, Europe, and Asia.

Yichang Xincheng Graphite Co., Ltd. (China):

Yichang Xincheng Graphite Co., Ltd., based in Yichang, China, is one of the leading graphite producers specializing in mining, processing, and deep processing of graphite products. The company operates one of the largest graphite enterprises in China, with advanced production facilities and technology. It owns four graphite mines with proven reserves of 60 million tons, featuring high-grade, large-flake graphite that is easily extractable. The company offers different graphite products, including micro-powder graphite, high-purity graphite, natural Flake graphite, expandable graphite, amorphous graphite, flexible graphite sheet & roll, flexible graphite tape, flexible graphite ribbon tape, reinforced expanded graphite sheet, flexible graphite yarn, flexible graphite braided packing, die-formed graphite ring, graphite gasket, spiral wound gasket, exhaust manifold gasket, expandable graphite fireproofing strips, expanded graphite knitted tape, expanded graphite cloth, graphite crucible, and high purified graphite products. Yichang Xincheng Graphite Co., Ltd. has a strong domestic and international market presence, exporting products to over 20 countries across North America, Europe, and Asia. Its graphite materials are widely used in the petroleum, chemicals, metallurgy, power generation, automotive, aerospace, and nuclear industries.

Graphit Kropfmühl GmbH (Germany):

Graphit Kropfmühl GmbH specializes in the extraction, refinement, and processing of both natural and synthetic graphite, offering high-quality dispersions, pastes, and powdered lubricant premixes. With a strong focus on research and development, the company continuously enhances its product portfolio to meet evolving industry demands. The company operates its mine at its headquarters in Kropfmühl, Germany, and holds majority stakes in graphite mines in Sri Lanka. As a subsidiary of AMG Critical Materials N.V. since 2008, the company plays a leading role in the critical raw materials sector, providing advanced technologies and products that contribute to CO2 emissions reduction.

Nacional de Grafite (Brazil):

Nacional de Grafite specializes in mining and processing high-quality natural crystalline graphite. With three plants near major graphite deposits in Minas Gerais, the company produces approximately 70,000 tons of graphite annually, catering to diverse industrial applications worldwide. The company provides a complete range of high-quality graphite for various applications, including portable energy (alkaline batteries, lithium batteries, carbon zinc batteries, and fuel cells), parts and components, metallurgy, refractory, lubricants, plastics, flame retardants, and agriculture. Its mines, Itapecerica, Blue Stone, and Divide Jump, support global distribution across five continents, either directly or through distributors.

Qingdao Xinghe Graphite Co., Ltd. (China):

Qingdao Xinghe Graphite Co., Ltd. is one of the leading enterprises engaged in graphite mining, processing, and marketing, operating three processing plants, including the Pingdu Fukang Graphite Factory and a graphite mine, making it a key natural flake graphite production base. The company produces over 500 varieties across 10 series, including medium carbon, high carbon graphite, high-purity graphite, micro-powder graphite, expandable graphite, spherical graphite, carbon nanotubes, and graphene with an annual output exceeding 50,000 tons. The company holds a strong domestic market presence and exports to over 60 countries and regions, including Europe, the US, Japan, South Korea, Russia, India, Türkiye, Iran, and Poland, serving industries such as nuclear energy, new energy, and advanced materials.

Market Ranking

Companies are ranked based on revenue, production capacity, technological innovation, and market presence in the global expandable graphite market. Leading players such as SGL Carbon (Germany), NeoGraf (US), Yichang Xincheng Graphite Co., Ltd. (China), Graphit Kropfmühl GmbH (Germany), Nacional de Grafite (Brazil), and Qingdao Xinghe Graphite Co., Ltd. (China) are playing a crucial role in global supply, accounting for a significant share of total expandable graphite production and exports. Key players continually invest in capacity expansions and strategic alliances to strengthen their market position. Strategic agreements, partnerships, product launches, joint ventures, and R&D investments are key competitive forces shaping the market, as companies aim to enhance scalability, manufacturing efficiency, and cost-effectiveness in response to increasing demand in the chemical sector and global sustainability regulations.

Related Reports:

Expandable Graphite Market by Flake Size, Application (Flame Retardant, Conductive Additive, Flexible Graphite), End-use Industry (Electronics & Energy Storage, Automotive, Building & Construction), and Region - Global Forecast to 2030