Graphite Market
The graphite market involves the production and sale of natural and synthetic graphite, a critical material with high thermal and electrical conductivity. Key customers include manufacturers in the battery, refractory, semiconductor, and electronics industries. The market's primary growth drivers are the soaring demand for lithium-ion batteries for electric vehicles (EVs) and renewable energy storage systems.
CAGR
9.6%
Compound Annual Growth Rate
Current Value
$13.1B
Estimated 2026
Projected Value
$27.3B
By 2034
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