Global Graphite –Demand Forecast & Market Outlook

According to Goldstein Research, global graphite market is expected to reach USD 21.4 billion by 2024 from USD 16.0 billion in 2016, growing at a CAGR of 3.7% over the forecast period 2016-2024. Rise in the global green energy market and increased application in the automotive sector are other factors that will drive demand for graphite over the forecast period. Global graphite market segmentation has been done on the basis of product type, application and geography. Among the types of synthetic graphite, graphite flakes are said to enjoy the highest demand compared to other types.

Global graphite industry is largely dominated by Asia Pacific region in terms of revenue. The region is also expected to witness the highest growth compared to all other regions in the forecast period, attributed to the rapid industrialization and development of the automotive industry in the region.

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Market Segmentation

On the basis of our in-depth analysis, Global Graphite Market can be segmented as follows:

On the basis of Product Type

  • Natural Graphite
  • Synthetic Graphite

On the basis of Application

  • Steel
    • Refractory
    • Lubrication
    • Foundry
    • Crucible
  • Energy (Photovoltaic and others)
  • Electronics
  • Automotive

By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}



“Global Graphite Market Outlook 2024” by Goldstein Research contains detailed overview of the global graphite market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type and application.

Further, for the in-depth analysis, Global Graphite Market Report encompasses the industry growth drivers, market challenges, graphite demand forecast, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Graphite India, SGL Group, Showa Denko, Graphite India Ltd., Triton Minerals Ltd., Mason Graphite, Inc., Tokai Carbon Co. Ltd., GrafTech International Holdings Inc., Alabama Graphite Corp., Syrah Resources Ltd., Nippon Graphite Industries, HEG Ltd., AMG Advanced Metallurgical Group N.V., Toyo Tanso Co., Ltd., Lamboo Resources Ltd., etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global graphite market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our industry analysis reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on chemical industry market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.


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Steve Blade

Goldstein Market Intelligence helping businesses to be successful at strategy and take informed decisions to grow the business in future. Goldstein Market Intelligence is one of the leading professional services firms, providing Intelligence Services, Consulting & Advisory and research related services to clients. We, at Goldstein Intelligence Group (GIG) practice works side by side with chief executives and their teams to create effective strategies and secure alignment across the organization. Goldstein Intelligence Group (GIG), a network of worldwide professional services firms, as a leading group with a strong commitment to establishing itself as a truly global-minded professional firm that can provide professional services across the world.

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