Graphite Market Set for Rapid Growth Owing to EV Battery Demand
Rising Graphite Market Demand is primarily driven by the electric vehicle (EV) revolution, where graphite serves as the dominant anode material in lithium-ion batteries. As auto manufacturers pledge multi-gigawatt-hour battery capacities and governments promote decarbonization, demand for battery-grade spherical graphite is projected to grow at double-digit rates.
The graphite market encompasses both natural and synthetic graphite products used across industries such as automotive, electronics, energy storage, refractory, foundry and steelmaking. Natural graphite is mined and processed into flake, amorphous and lump grades valued for high carbon content, thermal conductivity and lubricity

Graphite Market

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