Graphite Market revenue is expected to grow at 5.23 percent from 2024 to 2030, reaching nearly USD 45.94 Billion as per Stellar Market Research

Stellar Market Research has published market intelligence and competitive landscape report on the Graphite Market. The report combines primary and secondary data, and field experts have examined the Graphite Market from a local, regional, and global point of view. Over the forecast period, Stellar Market Research expects the Graphite Market revenue is expected to grow at 5.23 percent from 2024 to 2030, reaching nearly USD 45.94 Billion.

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Graphite Market Overview:

Graphite is a crystalline form of the carbon element with a hexagonal atomic configuration. he report on the Graphite Market by Stellar Market Research provides the PESTLE analysis, PORTER's five force analysis and segment analysis based on type, application and region.

Graphite Market Dynamics:

Graphite market is growing due to increased demand from lithium-ion batteries, which use graphite as an anode material. This demand is driven by the rise of electric vehicles (EVs), which reached record global sales of 10 million in 2020, and the projected tenfold increase in lithium-ion battery use by 2029. As a result, rising industrial applications are expected to drive graphite market growth throughout the forecast period. the rising price of graphite globally is likely to be a major stumbling block to the graphite market's growth over the forecast period.

Graphite Market Regional Analysis

Asia Pacific region was dominating in 2023, accounting for more than xx% of the total market. The market's growth in this region has also been supported by a growing population and increased demand for high-quality items. In 2020, the North American market accounted for xx% of the total graphite market share, and it is expected to grow at a CAGR of around xx% over the forecast period.

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Graphite Market Scope:

Market Size in 2023 USD 32.15 Bn.

Market Size in 2030 USD 45.94 Bn.

CAGR 5.23 % (2024-2030)

Forecast Period 2024-2030

Base Year 2023

Segment Covered by Type, and application

Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

Graphite Market Segmentation:

by Type

Crystalline Graphite
Amorphous Graphite
Lump Graphite
Highly Ordered Pyrolytic Graphite

by Application

Refractories
Batteries
Steelmaking
Brake linings

Foundry facings and lubricants
Pencils
Others

Leading Graphite Market key industry:

BTR NEW Material Group Co., Ltd. (China)
Nacional de Grafite (Brazil)
SGL Carbon (Germany)
Mineral Commodities Ltd. (Australia)
Superior Graphite (U.S.)
Tirupati Carbons & Chemicals Pvt. Ltd. (India)
GrafTech International Holdings Inc. (U.S.)
Graphite India Ltd. (India)
Triton Minerals Ltd. (Australia)
Mason Graphite, Inc. (Canada)

Details insights on this market, request for methodology here:https://www.stellarmr.com/report/req_sample/Graphite-Market/334

Key questions answered in the Graphite Market are:

What is the forecast period considered for the Graphite market report?
Which key factors are hindering the growth of the Graphite market?
What is the compound annual growth rate (CAGR) of the Graphite market for the next 6
years?
What are the key factors driving the growth of the Graphite market?
Which are the worldwide major key players covered for the Graphite market report?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Related Report

Agate Market
Graphene Coating Market

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About Stellar Market Research:

Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.

This release was published on openPR.