- The global graphite market is projected to reach USD 29.05 Billion by 2022, at a CAGR of 5.2% from 2017 to 2022.
- The major drivers behind the growth of the graphite market include increasing use of high-end graphite in batteries, the growing demand of graphite in the steel industry, and increasing use of graphite in the automotive industry.
- Increase in electric vehicle ownership is expected to propel the lithium-ion market. The commercial acceptance of graphene is anticipated to provide further opportunities for the graphite market in near future.
Traditional Uses for Graphite
Electrodes for Arc Furnaces
Drawing & Writing
New Uses for Graphite
Li-Ion Battery Power and Fuel Cells for Cutting Edge Transportation and Consume Electronics