How Graphite Supports the Global Energy Transition
The global graphite market is experiencing a surge in demand, driven by its increasing utilization in electric vehicle (EV) batteries, energy storage applications, and industrial processes. As technological advancements continue to reshape industries, the market for natural and synthetic graphite is set to witness unprecedented growth over the coming decade. Graphite Market Growth and Forecast The graphite market trends and forecast (2025-2035) indicate that demand for high-purity graphite in electronics and spherical graphite for lithium-ion battery applications is set to rise. Governments and major industry players are investing heavily in the graphite electrode market for steel manufacturing, alongside new developments in graphene and advanced carbon materials. According to recent reports, the market is expected to reach an estimated valuation of USD 26,060.6 million by 2035, growing at a CAGR of 6.2%. The increasing application of synthetic graphite industry growth ana...