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PUBLISHER: Grand View Research | PRODUCT CODE: 1575272
PUBLISHER: Grand View Research | PRODUCT CODE: 1575272
Graphite Market Size, Share & Trends Analysis Report By Form (Natural, Synthetic), By Application (Electrodes, Battery Production), By Region, And Segment Forecasts, 2024 - 2030
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PAGES: 120 Pages
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Graphite Market Growth & Trends:
The global graphite market size is anticipated to reach USD 21.07 billion by 2030 and is projected to grow at a CAGR of 3.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. It is anticipated to be primarily driven by demand for electrodes and refractories within the crude steel industry. Furthermore, the increasing demand for electrification in the automotive industry has given rise to the requirement for graphite as anode material for electric vehicle (EV) battery production.
With increasing emphasis on green steel, producers are making the shift towards investing in better production technology and overhauling of parts and machinery. This has necessitated increased demand for electrodes in Electric Arc Furnaces (EAFs) and refractories for furnace lining material. For instance, in June 2024, Essar Group announced that they would invest USD 4 billion to construct a green steel plant in Ras Al-Khair Saudi Arabia as part of the company's transition to green energy.
Investments in the EV battery value chain is a key trend that is driving graphite demand. For instance, in April 2023, Hyundai and SK On announced plans to set up a joint venture to build a USD 5 billion battery plant in Georgia, U.S. These projects have been announced against the backdrop of the U.S. Bipartisan Infrastructure Law and Inflation Reduction Act. Hence, such government initiatives are anticipated to boost market demand over the forecast period.
Graphite Market Report Highlights:
- Based on form, the synthetic graphite segment led the market with the largest revenue share of 67.6% in 2023. Synthetic graphite is extensively used in the production of graphite electrodes and as anodic material in EV batteries. The graphite segment is anticipated to witness at the fastest CAGR of 4.4% over the forecast period
- Asia Pacific dominated the market with the largest revenue share of 54.2% in 2023, owing to its demand from the steel and EV industries
- In June 2024, Madagascar-based Etablissements Gallois announced its overseas expansion plans to construct a new anodic material graphite manufacturing plant in Malaysia. This will be made operational by its subsidiary Gallois New Energy Materials in collaboration with SEDC Energy. The greenfield would be located in Samaluju Industrial Park, Bintulu for an investment of USD 1.5 billion. In the first phase, the plant is scheduled to be on stream in 2026 and produce 50ktpy of spherical graphite and 50ktpy of synthetic graphite. By 2028 the company is aiming to produce 150ktpy of spherical graphite and 150ktpy of synthetic graphite. By 2030, capacity would be ramped up to 200ktpy of spherical graphite and 200ktpy of synthetic graphite. The plan is in line with the company's efforts to move the battery value chain out of China
Product Code: GVR-4-68040-142-0
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Global Graphite Market Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.3. Manufacturing & Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunities
- 3.5.4. Industry Trends
- 3.5.4.1. ESG Analysis
- 3.5.4.2. Trade Trends
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Graphite Market: Form Estimates & Trend Analysis
- 4.1. Graphite Market: Form Movement Analysis, 2023 & 2030
- 4.2. Natural Graphite
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Synthetic Graphite
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Graphite Market: Application Estimates & Trend Analysis
- 5.1. Graphite Market: Application Movement Analysis, 2023 & 2030
- 5.2. Electrodes
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Refractories
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Lubricants
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5. Foundries
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.6. Battery Production
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.7. Others
- 5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Graphite Market: Regional Estimates & Trend Analysis
- 6.1. Regional Analysis, 2023 & 2030
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.2.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.4.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.2.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.5.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.2.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.2.6. Mexico
- 6.2.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.6.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.2.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.3.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.4. Germany
- 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.4.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.3.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.5. France
- 6.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.5.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.3.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.6. Italy
- 6.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.6.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.3.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.3.7. Spain
- 6.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.7.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.3.7.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.4. China
- 6.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.4.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.4.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.5. India
- 6.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.5.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.4.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.4.6. Japan
- 6.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.6.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.4.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.5. Central & South America
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.5.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.4.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.5.4.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Market estimates and forecasts, by form, 2018 - 2030 (USD Million)
- 6.6.3. Market estimates and forecasts, by application, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Kraljic Matrix
- 7.3. Company Categorization
- 7.4. Heat Map Analysis
- 7.5. Vendor Landscape
- 7.5.1. List of Raw Material Suppliers
- 7.5.2. List of Distributors
- 7.5.3. List of Other Prominent Manufacturers
- 7.5.4. List of Prospective End-Users
- 7.6. Strategy Mapping
- 7.7. Company Profiles/Listing
- 7.7.1. AMG
- 7.7.1.1. Company Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Product Benchmarking
- 7.7.2. Focus Graphite
- 7.7.2.1. Company Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Product Benchmarking
- 7.7.3. GrafTech International
- 7.7.3.1. Company Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Product Benchmarking
- 7.7.4. Graphite India Limited
- 7.7.4.1. Company Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Product Benchmarking
- 7.7.5. Mason Resources Inc.
- 7.7.5.1. Company Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Product Benchmarking
- 7.7.6. Nippon Carbon Co Ltd.
- 7.7.6.1. Company Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Product Benchmarking
- 7.7.7. Northern Graphite Corp.
- 7.7.7.1. Company Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Product Benchmarking
- 7.7.8. NOVONIX Limited
- 7.7.8.1. Company Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Product Benchmarking
- 7.7.9. Resonac Holdings Corporation
- 7.7.9.1. Company Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Product Benchmarking
- 7.7.10. SGL Carbon
- 7.7.10.1. Company Overview
- 7.7.10.2. Financial Performance
- 7.7.10.3. Product Benchmarking
- 7.7.11. Syrah Resources Limited
- 7.7.11.1. Company Overview
- 7.7.11.2. Financial Performance
- 7.7.11.3. Product Benchmarking
- 7.7.12. Talga Group
- 7.7.12.1. Company Overview
- 7.7.12.2. Financial Performance
- 7.7.12.3. Product Benchmarking
- 7.7.13. Tokai Carbon Co., Ltd.
- 7.7.13.1. Company Overview
- 7.7.13.2. Financial Performance
- 7.7.13.3. Product Benchmarking
- 7.7.14. Triton Minerals Ltd
- 7.7.14.1. Company Overview
- 7.7.14.2. Financial Performance
- 7.7.14.3. Product Benchmarking
- 7.7.1. AMG
Product Code: GVR-4-68040-142-0
List of Tables
- Table 1 Graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 2 Graphite market estimates and forecasts, by natural graphite, 2018 - 2030 (USD Million)
- Table 3 Graphite market estimates and forecasts, by synthetic graphite, 2018 - 2030 (USD Million)
- Table 4 Graphite market estimates and forecasts, by electrodes, 2018 - 2030 (USD Million)
- Table 5 Graphite market estimates and forecasts, by refractories, 2018 - 2030 (USD Million)
- Table 6 Graphite market estimates and forecasts, by lubricants, 2018 - 2030 (USD Million)
- Table 7 Graphite market estimates and forecasts, by foundries, 2018 - 2030 (USD Million)
- Table 8 Graphite market estimates and forecasts, by battery production, 2018 - 2030 (USD Million)
- Table 9 North America graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 10 North America graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 11 North America graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 12 U.S. graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 13 U.S. graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 14 U.S. graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 15 Canada graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 16 Canada graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 17 Canada graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 18 Mexico graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 19 Mexico graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 20 Mexico graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 21 Europe graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 22 Europe graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 23 Europe graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 24 Germany graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 25 Germany graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 26 Germany graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 27 France graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 28 France graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 29 France graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 30 Italy graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 31 Italy graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 32 Italy graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 33 Spain graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 34 Spain graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 35 Spain graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 36 Asia Pacific graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 37 Asia Pacific graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 38 Asia Pacific graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 39 China graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 40 China graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 41 China graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 42 India graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 43 India graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 44 India graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 45 Japan graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 46 Japan graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 47 Japan graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 48 Central & South America graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 49 Central & South America graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 50 Central & South America graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 51 Brazil graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 52 Brazil graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 53 Brazil graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 54 Middle East & Africa graphite market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 55 Middle East & Africa graphite market estimates & forecasts, by form, 2018 - 2030 (USD Million)
- Table 56 Middle East & Africa graphite market estimates & forecasts, by application, 2018 - 2030 (USD Million)
List of Figures
- Fig. 1 Market segmentation
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Data validating & publishing
- Fig. 6 Market snapshot
- Fig. 7 Segmental outlook -Form and Application
- Fig. 8 Competitive Outlook
- Fig. 9 Graphite market outlook, 2018 - 2030 (USD Million)
- Fig. 10 Value chain analysis
- Fig. 11 Market dynamics
- Fig. 12 Porter's Analysis
- Fig. 13 PESTEL Analysis
- Fig. 14 Graphite market, by form: Key takeaways
- Fig. 15 Graphite market, by form: Market share, 2023 & 2030
- Fig. 16 Graphite market, by application: Key takeaways
- Fig. 17 Graphite market, by application: Market share, 2023 & 2030
- Fig. 18 Graphite market: Regional analysis, 2023
- Fig. 19 Graphite market, by region: Key takeaways
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