NAICS 335991 - Carbon and Graphite Product Manufacturing
This U.S. industry comprises establishments primarily engaged in manufacturing carbon, graphite, and metal-graphite brushes and brush stock; carbon or graphite electrodes for thermal and electrolytic uses; carbon and graphite fibers; and other carbon, graphite, and metal-graphite products.
Industry trends:
NAICS 335991, encompassing the Carbon and Graphite Product Manufacturing industry, is experiencing some notable qualitative trends. One major trend is the increasing demand for carbon and graphite materials in energy storage solutions, particularly for lithium-ion batteries used in electric vehicles and renewable energy storage systems. This is driven by the global shift towards clean energy and the rising adoption of electric transportation.
Additionally, advancements in nanotechnology have been catalyzing the development of high-performance graphite materials, enhancing their applications in electronics and aerospace sectors. High-purity graphite is becoming crucial in the production of semiconductors and other advanced electronic components, leading to a surge in investment in research and development to improve quality and production efficiency.
In the near future, the industry is expected to benefit from favorable government policies and regulations promoting green technologies and sustainable manufacturing practices. Companies are increasingly focusing on reducing their carbon footprint, leading to a rise in sustainable sourcing and recycling of graphite materials. This shift is likely to provide a competitive edge to firms that adopt eco-friendly practices earlier than others.
However, supply chain challenges and fluctuations in raw material prices could pose risks. Firms are likely to invest in securing stable and diversified supply chains to mitigate these potential disruptions. Overall, the Carbon and Graphite Product Manufacturing industry is poised for growth, underpinned by technological innovation and the expanding global focus on sustainability.
This industry is comprised of:
Brush blocks, carbon or molded graphite, manufacturing
Brushes and brush stock contacts, electric, carbon and graphite, manufacturing
Brushplates, carbon or graphite, manufacturing
Carbon electrodes and contacts, electric, manufacturing
Carbon specialties for aerospace use (except gaskets) manufacturing
Carbon specialties for electrical use manufacturing
Carbon specialties for mechanical use (except gaskets) manufacturing
Carbons, electric, manufacturing
Carbons, lighting, manufacturing
Contacts, electrical, carbon and graphite, manufacturing
Electrodes for thermal and electrolytic uses, carbon and graphite, manufacturing
Fibers, carbon and graphite, manufacturing
Graphite electrodes and contacts, electric, manufacturing
Graphite specialties for aerospace use (except gaskets) manufacturing
Graphite specialties for electrical use manufacturing
Graphite specialties for mechanical use (except gaskets) manufacturing
Heat shields, carbon or graphite, manufacturing
Lighting carbons manufacturing
Metal-graphite product manufacturing
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