The global graphite market is expected to witnessed lucrative growth owing to the advanced properties offered by Graphite such as allowing high electric flow, high melting point, low friction, etc., which makes it the suitable element for batteries, steel making, refractory material, etc.
Key Takeaways:
- Historical Years: 2020-23
- Base Years: 2024
- Forecast Years: 2025-30
- Market Value in 2024: USD 17.18 Billion
- Market Value in 2030: USD 23 Billion
- CAGR (2025-30): 5%
- Leading Region: Asia-Pacific