Graphite Market, By Product Type (Natural Graphite and Synthetic Graphite), By Application (Steel & Metallurgy, Refractories, Batteries, Lubricants, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Description

The global graphite market is estimated to be valued at USD 17.74 billion in 2024 and is expected to reach USD 27.57 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 17.74 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	6.50%	2031 Value Projection:	US$ 27.57 Bn

Figure. Graphite Market Share (%), By Region 2024

Graphite is a naturally occurring mineral form of the element carbon. It is extremely soft and dark gray to black in color with a shiny appearance. Graphite is composed of layers of carbon atoms arranged in hexagonal rings. It is an excellent conductor of heat and electricity. It is due to these properties that graphite finds widespread industrial applications. Some of the major uses of graphite include its use as refractors, lubricants, foundry facings, pencils, electrodes, and thermal and electrical conductors. The global graphite market is expected to grow substantially over the coming years owing to increasing demand from the electronics, metallurgy, and telecommunication industries across the world.

Market Dynamics:

The global graphite market is driven by factors such as rising demand from lithium-ion battery manufacturing, growth of steel industry, and increasing usage in friction products. Graphite is a crucial raw material used in the manufacturing of lithium-ion batteries that power electric vehicles, consumer electronics, and grid-level energy storage systems. Rapid adoption of EVs and increasing sales of electronics are fueling the demand for graphite. Additionally, graphite finds widespread application as refractory material in steelmaking processes. The expanding steel industry, especially in Asia Pacific, acts as a major growth driver. However, availability of substitutes such as carbon fibers and presence of synthetic and natural graphite mining challenges hamper the market growth. On the positive side, growing R&D towards improving performance of graphite in Li-ion batteries and developing graphene from graphite open new avenues.

Key Features of the Study:

This report provides in-depth analysis of the global graphite market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global graphite market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Asbury Carbons, BTR New Material Group Co.,Ltd., Imerys, Eagle Graphite, Mason Graphite Inc, Nippon Kokuen Group, Northern Graphite Corp., SGL Carbon, EPM Group, Shenzhen Xiangfenghua Technology Co., Ltd., Showa Denko K.k., Syrah Resources Limited, Tokai Carbon Co. Ltd., Triton Minerals, Betterui New Materials Group Co. Ltd, GrafTech International Ltd., Linyi Yanjun Carbon Material Co., Ltd., Jilin Carbon New Material Co., Ltd., Hebei Hang Carbon, and Graphite India Limited
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global graphite market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global graphite market

Detailed Segmentation:

Product Type Insights (Revenue, USD Bn, 2019 - 2031)
- Natural Graphite
- Synthetic Graphite
Application Insights (Revenue, USD Bn, 2019 - 2031)
- Steel & Metallurgy
- Refractories
- Batteries
- Lubricants
- Others
Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Asbury Carbons
- BTR New Material Group Co.,Ltd.
- Imerys
- Eagle Graphite
- Mason Graphite Inc
- Nippon Kokuen Group
- Northern Graphite Corp.
- SGL Carbon
- EPM Group
- Shenzhen Xiangfenghua Technology Co., Ltd.
- Showa Denko K.k.
- Syrah Resources Limited
- Tokai Carbon Co. Ltd.
- Triton Minerals
- Betterui New Materials Group Co. Ltd
- GrafTech International Ltd.
- Linyi Yanjun Carbon Material Co., Ltd.
- Jilin Carbon New Material Co., Ltd.
- Hebei Hang Carbon
- Graphite India Limited

Product Code: CMI1563

1. RESEARCH OBJECTIVES AND ASSUMPTIONS

Research Objectives
Assumptions
Abbreviations

2. MARKET PURVIEW

Report Description
- Market Definition and Scope
Executive Summary
- Global Graphite Market, By Product Type
- Global Graphite Market, By Application
- Global Graphite Market, By Region

3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Graphite Market, By Product Type, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Natural Graphite
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Synthetic Graphite
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

5. Global Graphite Market, By Application, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Steel & Metallurgy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Refractories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Batteries
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Lubricants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Graphite Market, By Region, 2019 - 2031, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Bn)
- Regional Trends
  - North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
U.S.
Canada
Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
South Africa
North Africa
Central Africa

7. COMPETITIVE LANDSCAPE

Asbury Carbons
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
BTR New Material Group Co.,Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Imerys
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Eagle Graphite
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Mason Graphite Inc
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Nippon Kokuen Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Northern Graphite Corp.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
SGL Carbon
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
EPM Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Shenzhen Xiangfenghua Technology Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Showa Denko K.k.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Syrah Resources Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Tokai Carbon Co. Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Triton Minerals
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Betterui New Materials Group Co. Ltd
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
GrafTech International Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Linyi Yanjun Carbon Material Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Jilin Carbon New Material Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Hebei Hang Carbon
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Graphite India Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

8. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. References and Research Methodology

References
Research Methodology
About us