Dublin, March 31, 2025 (GLOBE NEWSWIRE) -- The "Graphite Market - Forecasts from 2025 to 2030" report has been added to ResearchAndMarkets.com's offering.
The global graphite market is projected to surge at a CAGR of 9.41% from a market size of US$15.90 billion in 2025 to US$24.93 billion by the end of 2030.
The demand for graphite is expected to surge in emerging applications like fuel cells and lightweight high-strength composites during the forecast period. Additionally, the increasing adoption of electric vehicles is further driving market growth. China, India, and Brazil are the top three global producers of graphite, with the steel industry being the primary end-user of the global graphite market.
The market is categorized by type into natural and synthetic graphite, with synthetic graphite anticipated to hold a significant share in the coming years. In terms of application, it includes lubricants, batteries, writing materials, refractories, nuclear reactors, and graphene sheets. Refractory applications are expected to capture a substantial market share, while batteries are projected to be the fastest-growing application segment due to the increasing use of graphite in lithium-ion batteries.
The global graphite market is further segmented by end-user industries, including automotive, energy & power, steel, electronics, aerospace, and others. The steel industry is expected to maintain a significant market share during the forecast period. Geographically, the market is divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific region. The Asia Pacific region is predicted to hold a considerable share of the global graphite market throughout the forecast period.
Key Attributes:
Report Attribute | Details |
No. of Pages | 144 |
Forecast Period | 2025 - 2030 |
Estimated Market Value (USD) in 2025 | $15.9 Billion |
Forecasted Market Value (USD) by 2030 | $24.93 Billion |
Compound Annual Growth Rate | 9.4% |
Regions Covered | Global |
Report Coverage:
Company Profiling (Strategies, Products, Financial Information, and Key Developments)
Global Graphite Market Segmentation
By Type
By Application
By End-User
By Geography
For more information about this report visit https://www.researchandmarkets.com/r/fmvm8a
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