Global Graphite Market Outlook: Rising Demand from EV Batteries and Industrial Applications
The Graphite Market has emerged as a vital component in the modern industrial landscape, driven by the rapid expansion of electric vehicles (EVs), renewable energy technologies, and high-performance materials. Graphite, a naturally occurring form of carbon, possesses exceptional electrical conductivity, thermal resistance, and mechanical stability. These properties make it indispensable in various applications, including batteries, refractories, lubricants, and foundry operations. With technological advancements and the growing shift toward sustainable energy, the demand for graphite—particularly in its synthetic and natural forms—is expected to witness significant growth in the coming years.
Market DriversA key factor propelling the graphite market is the surging demand for lithium-ion batteries used in electric vehicles and energy storage systems. Graphite serves as the primary anode material in these batteries, accounting for nearly 25–30% of their total weight. As global EV adoption accelerates, manufacturers are increasing graphite production to meet the swelling requirements from the automotive and energy sectors.…

