
Study Period | 2019 - 2030 |
Market Size (2025) | USD 3.41 Billion |
Market Size (2030) | USD 4.74 Billion |
CAGR (2025 - 2030) | 6.83 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Synthetic Graphite Market Analysis
The Synthetic Graphite Market size is estimated at USD 3.41 billion in 2025, and is expected to reach USD 4.74 billion by 2030, at a CAGR of 6.83% during the forecast period (2025-2030).
The synthetic graphite industry is experiencing significant transformation driven by technological advancements in manufacturing processes and expanding applications across various sectors. The integration of advanced processing techniques, including high-temperature treatment and precision engineering, has enabled manufacturers to achieve superior product quality and performance characteristics. This evolution is particularly evident in the battery sector, where the demand for high-purity synthetic graphite has surged dramatically, with global automotive Li-ion battery materials demand reaching 550 GWh in 2022, marking a substantial 65% increase from the previous year.
The industry's supply chain dynamics are undergoing substantial reconfiguration as manufacturers seek to establish more resilient and localized production capabilities. Major industry players are investing in capacity expansion and new manufacturing facilities to meet the growing demand across various applications. This shift is particularly noticeable in the battery materials sector, where companies are establishing regional production hubs to support the expanding electric vehicle market, which achieved global sales of 10.5 million units in 2022, demonstrating the robust demand for synthetic graphite in battery applications.
Environmental sustainability has emerged as a crucial factor shaping the synthetic graphite industry's development trajectory. Manufacturers are increasingly focusing on developing eco-friendly production processes and implementing energy-efficient technologies to reduce their carbon footprint. The industry is witnessing a growing emphasis on circular economy principles, with companies investing in recycling and waste reduction initiatives. This trend aligns with the broader renewable energy sector's growth, as evidenced by the global solar capacity additions reaching 191 GW in 2022, creating additional demand for graphite in energy storage applications.
The global manufacturing landscape is experiencing significant geographical shifts, with new production centers emerging across different regions. Traditional manufacturing hubs are being complemented by new facilities in strategic locations, supported by government initiatives and industrial policies promoting local production capabilities. The industry's infrastructure development is closely tied to the steel sector's evolution, with global crude steel production reaching 1,831.5 Mt in 2022, highlighting the continued importance of graphite electrodes and industrial graphite in metallurgical applications. These developments are accompanied by increasing investments in research and development, focusing on improving product performance and expanding application possibilities.
Synthetic Graphite Market Trends
INCREASING DEMAND FOR ELECTRIC VEHICLES
The worldwide battery materials industry is experiencing unprecedented growth driven by the surging demand for electric vehicles (EVs), supported by government incentives and global efforts to decarbonize the transportation sector. According to industry data, global electric vehicle sales reached 10.5 million units in 2022, registering a remarkable growth of 55% compared to 6.75 million units in 2021. This explosive growth in EV adoption has led to a corresponding surge in automotive lithium-ion battery demand, which jumped by 65% to reach 550 GWh in 2022, up from approximately 330 GWh in 2021, creating substantial demand for synthetic graphite as a critical graphite anode material.
The synthetic graphite market is witnessing significant investments in production capacity expansion to meet the growing battery demand. In October 2023, Epsilon Advanced Materials Inc. announced a USD 650 million investment to build its first plant in Brunswick County, North Carolina, with plans to produce 50,000 tons of synthetic graphite anode material annually by 2031. Similarly, in May 2023, Anovion Technologies revealed plans to invest USD 800 million in a new Georgia facility that will produce 40,000 metric tons of graphite anode material per year. These major investments underscore the industry's response to the growing demand for synthetic graphite in EV batteries, driven by its superior properties including better electrolyte compatibility, faster-charging performance, improved production scalability, and enhanced battery longevity compared to natural graphite alternatives.
GROWING UTILIZATION OF THE ELECTRIC ARC FURNACE PROCESS FOR STEEL PRODUCTION
The steel industry is witnessing a significant shift toward the Electric Arc Furnace (EAF) process, which utilizes graphite electrodes for steel production, driven by its environmental benefits and operational advantages over traditional methods. According to the World Steel Association, the crude steel produced using the electric arc furnace technique increased from 26.3% in 2020 to 28.9% in 2021, indicating a growing preference for this more sustainable production method. The EAF process has gained prominence due to its ability to operate without a steady supply of coke, instead generating an arc using energy transmitted by carbon electrodes, making it more environmentally friendly and efficient.
Recent developments in EAF technology have significantly enhanced its competitiveness against traditional integrated production approaches, particularly in terms of productivity and cost-effectiveness. According to the European Graphite and Carbon Association, graphite electrodes used in EAFs contribute to an 84 million mt reduction in CO2 emissions per year in the EU alone, equivalent to emissions from 28 million passenger cars. This environmental advantage has led to increased adoption, particularly in regions focusing on reducing carbon emissions. For instance, China has approved 16 new EAFs for commissioning between late 2022 and 2024, while simultaneously planning to off-stream obsolete crude steelmaking facilities. The country aims to elevate the output share of EAF-based crude steel to 15-20% by 2025, representing a significant opportunity for graphite electrode manufacturers.
Segment Analysis: TYPE
Carbon Block (Fine Carbon) Segment in Synthetic Graphite Market
The Carbon Block (Fine Carbon) segment holds a dominant position in the synthetic graphite market, commanding approximately 18% of the total market share in 2024. This segment's prominence is driven by its extensive applications in high-temperature processing, particularly in the manufacturing of graphite blocks for various industrial uses. The segment's growth is supported by increasing demand from metallurgical applications, especially in steel production where graphite blocks are essential components in furnace linings. The material's exceptional properties, including high thermal conductivity, low thermal expansion, and excellent chemical resistance, make it indispensable in refractory applications. Additionally, the segment benefits from growing adoption in nuclear power generation, where graphite blocks serve as moderators and structural components.

Graphite Anode Segment in Synthetic Graphite Market
The graphite anode segment is experiencing the fastest growth in the synthetic graphite market, with an expected growth rate of approximately 7% during 2024-2029. This remarkable growth is primarily driven by the surging demand for lithium-ion batteries in electric vehicles and energy storage systems. The segment's expansion is further supported by the material's superior performance characteristics, including high energy density, enhanced battery life, and improved charging capabilities. Major battery manufacturers are increasingly preferring synthetic graphite anodes due to their consistent quality and better performance in high-end applications. The segment is also benefiting from technological advancements in manufacturing processes, leading to improved product quality and reduced production costs.
Remaining Segments in Type Segmentation
The Other Types segment, which primarily includes graphite electrodes and related products, plays a crucial role in the synthetic graphite market. This segment is particularly significant in the steel industry, where graphite electrodes are essential components in electric arc furnaces for steel production. The segment's performance is closely tied to the global steel industry's health and the increasing adoption of electric arc furnace technology in steel manufacturing. Additionally, this segment serves various other applications including the production of carbon fiber, which finds applications in aerospace, automotive, and other high-performance industries. The versatility and essential nature of these products ensure their continued importance in the overall synthetic graphite market landscape.
Segment Analysis: APPLICATION
Metallurgy Segment in Synthetic Graphite Market
The metallurgy segment continues to dominate the synthetic graphite market, holding approximately 60% of the market share in 2024. This significant market position is primarily driven by the extensive use of synthetic graphite components in electric arc furnaces (EAF) for steel production. The electrodes manufactured through this segment demonstrate exceptional properties including high electrical conductivity, mechanical strength, thermal shock resistance, and low oxidation rates at elevated temperatures. In metallurgical applications, synthetic graphite is utilized in various forms such as electrodes, refractories, bricks, monolithic materials, crucibles, and foundry products. The segment's growth is particularly strong in regions like China and India, where the steel industry continues to expand through the adoption of EAF technology for more sustainable steel production. The increasing focus on electric arc furnace-based steelmaking, especially in developing economies, continues to drive the demand for synthetic graphite components in this segment.
Batteries Segment in Synthetic Graphite Market
The batteries segment is emerging as the fastest-growing application in the synthetic graphite market, with an expected growth rate of approximately 7% during 2024-2029. This remarkable growth is primarily driven by the surging demand for electric vehicles (EVs) and energy storage systems globally. The segment's expansion is supported by the superior properties of synthetic graphite anode in lithium-ion batteries, including high purity, enhanced conductivity, and improved cycle life. Major automotive manufacturers and battery producers are increasingly investing in synthetic graphite anode materials to meet the growing demand for high-performance batteries. The segment is witnessing significant technological advancements in synthetic graphite production methods, focusing on improving energy density and fast-charging capabilities. The increasing adoption of renewable energy systems and the growing need for grid-scale energy storage solutions are further accelerating the demand for synthetic graphite in battery applications.
Remaining Segments in Application Market
The remaining segments in the synthetic graphite market include parts and components, nuclear applications, and other miscellaneous uses. The parts and components segment serves various industries through products like seals, bearings, brushes, and other mechanical components, benefiting from synthetic carbon materials' self-lubricating properties and thermal stability. The nuclear segment utilizes synthetic graphite as a moderator in nuclear reactors, leveraging its unique neutron moderation capabilities and structural stability under extreme conditions. Other applications encompass diverse uses in aerospace, electronics, and chemical processing industries. These segments collectively contribute to the market's diversity and stability, each serving specific industrial needs with synthetic carbon materials' unique properties and characteristics.
Synthetic Graphite Market Geography Segment Analysis
Synthetic Graphite Market in Asia-Pacific
The Asia-Pacific region dominates the global synthetic graphite market, driven by robust growth across various end-user industries, including electric vehicles, electronics manufacturing, and steel production. China leads the regional market with its extensive manufacturing capabilities and growing EV sector, followed by significant contributions from Japan, India, and South Korea. The ASEAN countries are emerging as promising markets with increasing industrial activities and investments in battery manufacturing. The region's market dynamics are shaped by technological advancements in battery production, government initiatives promoting electric mobility, and expanding steel manufacturing capabilities.

Synthetic Graphite Market in China
China maintains its position as the largest synthetic graphite market in Asia-Pacific, commanding approximately 58% of the regional market share. The country's dominance is supported by its extensive battery manufacturing infrastructure, being home to major producers like CATL and BYD. China's graphite industry benefits from the country's robust electric vehicle sector, established steel production facilities, and significant investments in renewable energy storage systems. The government's commitment to electric mobility through policies like the target of 40% EV sales by 2030 and various industrial development initiatives continues to drive market growth.
Synthetic Graphite Market Growth Dynamics in China
China is also experiencing the fastest growth in the Asia-Pacific region, with a projected CAGR of nearly 7% from 2024-2029. The country's growth trajectory is supported by aggressive expansion in lithium-ion battery production capacity, with multiple new facilities being constructed. The implementation of new electric arc furnaces for steel production and increasing focus on renewable energy storage solutions further accelerate market growth. China's strategic positioning in the global EV supply chain and continued investments in battery technology innovation contribute to its rapid market expansion.
Synthetic Graphite Market in North America
The North American synthetic graphite market demonstrates strong growth potential, driven by increasing investments in domestic battery production and the expanding electric vehicle sector. The United States leads the regional market, followed by Canada and Mexico. The region's market is characterized by significant investments in battery manufacturing facilities, growing adoption of electric vehicles, and the presence of major automotive manufacturers transitioning towards electrification. Government initiatives supporting domestic battery production and reducing dependency on imports are reshaping the market landscape.
Synthetic Graphite Market in United States
The United States dominates the North American market, holding approximately 78% of the regional market share. The country's market leadership is reinforced by substantial investments in domestic battery manufacturing capabilities and the presence of key industry players. The implementation of the Bipartisan Infrastructure Law and various state-level initiatives promoting electric vehicle adoption continues to drive market growth. The country's focus on developing a robust domestic battery supply chain and reducing dependency on imports strengthens its market position.
Synthetic Graphite Market Growth Dynamics in Mexico
Mexico emerges as the fastest-growing market in North America, with an expected CAGR of approximately 6% from 2024-2029. The country's growth is driven by increasing investments in manufacturing facilities and its strategic positioning as a key automotive manufacturing hub. Mexico's proximity to the United States market, combined with favorable manufacturing costs and recent investments in EV production facilities, contributes to its rapid market expansion. The country's growing focus on renewable energy projects and battery storage systems further supports market growth.
Synthetic Graphite Market in Europe
The European synthetic graphite market is experiencing significant transformation driven by the region's aggressive push towards vehicle electrification and renewable energy adoption. Germany leads the market, followed by Russia and France, while Italy shows the highest growth potential. The region's market is supported by strong environmental regulations, increasing investments in battery manufacturing facilities, and growing demand from the automotive sector. The European Union's focus on developing a sustainable battery value chain and reducing dependency on imports shapes the market dynamics.
Synthetic Graphite Market in Germany
Germany maintains its position as the largest synthetic graphite market in Europe, driven by its robust automotive industry and growing battery manufacturing sector. The country's leadership in industrial manufacturing, combined with significant investments in electric vehicle production and battery technology, reinforces its market position. The presence of major automotive manufacturers and their commitment to electrification, along with government support for battery manufacturing initiatives, continues to drive market growth.
Synthetic Graphite Market Growth Dynamics in Italy
Italy emerges as the fastest-growing market in Europe, supported by increasing investments in renewable energy storage solutions and growing automotive sector electrification. The country's market growth is driven by expanding industrial applications, rising demand from the energy storage sector, and government initiatives promoting clean energy adoption. Italy's focus on developing sustainable energy solutions and increasing manufacturing capabilities contributes to its market expansion.
Synthetic Graphite Market in South America
The South American synthetic graphite market is primarily driven by developments in Brazil and Argentina, with Brazil emerging as both the largest and fastest-growing market in the region. The market is characterized by growing investments in electric vehicle manufacturing, expanding steel production capabilities, and increasing focus on renewable energy storage solutions. The region's rich mineral resources and growing industrial base provide significant opportunities for market expansion, though infrastructure development and economic stability remain key factors influencing growth.
Synthetic Graphite Market in Middle East & Africa
The Middle East & Africa synthetic graphite market shows promising growth potential, with Saudi Arabia emerging as the largest market and South Africa demonstrating significant growth opportunities. The region's market is driven by investments in industrial infrastructure, growing focus on renewable energy storage solutions, and expanding manufacturing capabilities. The market benefits from increasing investments in electric vehicle manufacturing facilities and growing demand from the steel production sector, though development varies significantly across different countries in the region.
Synthetic Graphite Industry Overview
Top Companies in Synthetic Graphite Market
The global synthetic graphite market is led by established players like Resonac Holdings Corporation, BTR New Material Group, GrafTech International, Shanshan Technology, and Lianyungang Jinli Carbon. These synthetic graphite companies are focusing on vertical integration strategies to secure raw material supply and maintain cost advantages. Product innovation is primarily centered around developing high-purity synthetic graphite for electric vehicle batteries and semiconductor applications. Companies are investing heavily in capacity expansion, particularly in regions with access to low-cost hydroelectric power. Strategic collaborations with electric vehicle manufacturers and battery producers have become increasingly common, while operational efficiency is being enhanced through digitalization and automated production processes. The industry is witnessing a trend toward sustainable manufacturing practices and carbon footprint reduction initiatives.
Consolidated Market with Strong Regional Players
The graphite market exhibits a partially consolidated structure, with the top five players commanding more than half of the global market share. Major players are predominantly large chemical conglomerates from Asia, particularly Japan and China, who leverage their extensive R&D capabilities and established distribution networks. The market has witnessed significant merger and acquisition activity, exemplified by the formation of Resonac Holdings through the merger of Showa Denko and Showa Denko Materials, indicating a trend toward consolidation to achieve economies of scale and expand geographical presence.
The competitive landscape is characterized by a mix of integrated manufacturers and specialized producers, with Asian companies holding dominant positions due to their proximity to key end-user industries and raw material sources. Market entry barriers are substantial, primarily due to high capital requirements and the need for specialized technical expertise in high-temperature processing. Regional players, particularly in China, are increasingly expanding their global footprint through strategic partnerships and investments in production facilities across key markets.
Innovation and Sustainability Drive Future Success
For incumbent players to maintain and expand their market share, focus needs to be placed on developing proprietary technologies for high-performance synthetic graphite production while simultaneously reducing energy consumption and environmental impact. Companies must invest in research and development to improve product quality and manufacturing efficiency, particularly for electric vehicle battery applications. Building strong relationships with key customers through long-term supply agreements and collaborative development projects will be crucial for maintaining competitive advantages.
New entrants and smaller players can gain ground by focusing on niche applications and specialized product grades where competition is less intense. Success factors include developing sustainable production processes, securing reliable raw material sources, and establishing strategic partnerships with end-users in growing sectors like renewable energy and electric vehicles. The industry faces increasing regulatory scrutiny regarding environmental impact, making investments in green technologies and circular economy initiatives essential for long-term success. Companies must also address the risk of substitution from natural graphite and other alternative materials by continuously improving product performance and cost-effectiveness.
Synthetic Graphite Market Leaders
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GrafTech International
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BTR New Material Group Co. Ltd
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Resonac Holdings Corporation
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Ningbo Shanshan Co., Ltd.
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Imerys
- *Disclaimer: Major Players sorted in no particular order

Synthetic Graphite Market News
- July 2024: Graphite One, the developer of a graphite mine in western Alaska, has partnered with electric vehicle manufacturer Lucid Motors. The agreement stipulates a supply of 5,000 tonnes of synthetic graphite annually, translating to over 30,000 pounds daily. This collaboration seeks to enhance the economy, fortify the domestic supply chain for critical minerals, and diminish dependence on foreign sources for materials essential in electric vehicle production.
- February 2024: Panasonic Energy Co., Ltd., a division of the Panasonic Group, has finalized a binding off-take agreement with NOVONIX Limited, a leading entity in battery materials and technology. The synthetic graphite sourced from NOVONIX will be utilized by Panasonic Energy at its EV battery manufacturing plants located in the U.S. Shipments from NOVONIX's facility in Tennessee are scheduled to begin in 2025. With these strategic partnerships, Panasonic Energy reinforces its dedication to attaining zero emissions and promoting a sustainable society.
Synthetic Graphite Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing Demand for Electric Vehicles
- 4.1.2 Growing Utilization of Electric ARC Furnace Process for Steel Production
- 4.1.3 Other Drivers
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4.2 Restraints
- 4.2.1 Strict Environmental Regulations
- 4.2.2 High Cost of Production of Graphite
- 4.2.3 Other Restraints
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Value)
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5.1 Type
- 5.1.1 Graphite Anode
- 5.1.2 Graphite Block (Fine Carbon)
- 5.1.3 Other Types (Graphite Electrode, etc.)
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5.2 Application
- 5.2.1 Metallurgy
- 5.2.2 Parts and Components
- 5.2.3 Batteries
- 5.2.4 Nuclear
- 5.2.5 Other Applications
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5.3 Geography
- 5.3.1 Asia-Pacific
- 5.3.1.1 China
- 5.3.1.2 India
- 5.3.1.3 Japan
- 5.3.1.4 South Korea
- 5.3.1.5 Malaysia
- 5.3.1.6 Thailand
- 5.3.1.7 Indonesia
- 5.3.1.8 Vietnam
- 5.3.1.9 Rest of Asia-Pacific
- 5.3.2 North America
- 5.3.2.1 United States
- 5.3.2.2 Canada
- 5.3.2.3 Mexico
- 5.3.3 Europe
- 5.3.3.1 Germany
- 5.3.3.2 United Kingdom
- 5.3.3.3 France
- 5.3.3.4 Italy
- 5.3.3.5 Spain
- 5.3.3.6 NORDIC Countries
- 5.3.3.7 Turkey
- 5.3.3.8 Russia
- 5.3.3.9 Rest of Europe
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Colombia
- 5.3.4.4 Rest of South America
- 5.3.5 Middle East and Africa
- 5.3.5.1 Saudi Arabia
- 5.3.5.2 Qatar
- 5.3.5.3 United Arab Emirates
- 5.3.5.4 Nigeria
- 5.3.5.5 Egypt
- 5.3.5.6 South Africa
- 5.3.5.7 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share(%)**/Ranking Analysis
- 6.3 Strategies Adopted by Major Players
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6.4 Company Profiles
- 6.4.1 Asbury Carbons
- 6.4.2 BTR New Materials Group Co. Ltd
- 6.4.3 GrafTech International
- 6.4.4 Graphit Kropfmhl GmbH
- 6.4.5 Graphite India Limited
- 6.4.6 Graphite One
- 6.4.7 Imerys
- 6.4.8 Jiangxi Zichen Technology Co. Ltd
- 6.4.9 Mersen Property
- 6.4.10 Mitsubishi Chemical Corporation
- 6.4.11 Nippon Carbon Co. Ltd
- 6.4.12 NOVONIX Limited
- 6.4.13 Resonac Holdings Corporation
- 6.4.14 Shamokin Carbons
- 6.4.15 Shanghai Shanshan Technology Co. Ltd
- 6.4.16 Shenzhen Sinuo Industrial Development Co. Ltd
- 6.4.17 Tokai Cobex GmbH
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Growing Popularity of Graphene
- 7.2 Bio-graphite as a Sustainable Resource for Battery Material
- 7.3 Other Opportunities
Synthetic Graphite Industry Segmentation
Synthetic graphite, or artificial graphite, is produced by subjecting carbon-rich materials, like petroleum coke, coal tar, or natural gas, to high-temperature treatments. In this process, these materials are heated to temperatures exceeding 2500°C, all while being shielded from oxygen. This meticulous treatment leads to the development of a crystalline structure that closely resembles that of natural graphite.
The synthetic graphite market is segmented by type, application, and geography. By type, the market is segmented into graphite anode, graphite block (fine carbon), and other types (graphite electrode, etc.). By application, the market is segmented into metallurgy, parts and components, batteries, nuclear, and other applications. The report also covers the market sizes and forecasts for the global synthetic graphite market in 27 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of value (USD).
Type | Graphite Anode | ||
Graphite Block (Fine Carbon) | |||
Other Types (Graphite Electrode, etc.) | |||
Application | Metallurgy | ||
Parts and Components | |||
Batteries | |||
Nuclear | |||
Other Applications | |||
Geography | Asia-Pacific | China | |
India | |||
Japan | |||
South Korea | |||
Malaysia | |||
Thailand | |||
Indonesia | |||
Vietnam | |||
Rest of Asia-Pacific | |||
North America | United States | ||
Canada | |||
Mexico | |||
Europe | Germany | ||
United Kingdom | |||
France | |||
Italy | |||
Spain | |||
NORDIC Countries | |||
Turkey | |||
Russia | |||
Rest of Europe | |||
South America | Brazil | ||
Argentina | |||
Colombia | |||
Rest of South America | |||
Middle East and Africa | Saudi Arabia | ||
Qatar | |||
United Arab Emirates | |||
Nigeria | |||
Egypt | |||
South Africa | |||
Rest of Middle-East and Africa |
Synthetic Graphite Market Research FAQs
How big is the Synthetic Graphite Market?
The Synthetic Graphite Market size is expected to reach USD 3.41 billion in 2025 and grow at a CAGR of 6.83% to reach USD 4.74 billion by 2030.
What is the current Synthetic Graphite Market size?
In 2025, the Synthetic Graphite Market size is expected to reach USD 3.41 billion.
Who are the key players in Synthetic Graphite Market?
GrafTech International, BTR New Material Group Co. Ltd, Resonac Holdings Corporation, Ningbo Shanshan Co., Ltd. and Imerys are the major companies operating in the Synthetic Graphite Market.
Which is the fastest growing region in Synthetic Graphite Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Synthetic Graphite Market?
In 2025, the Asia Pacific accounts for the largest market share in Synthetic Graphite Market.
What years does this Synthetic Graphite Market cover, and what was the market size in 2024?
In 2024, the Synthetic Graphite Market size was estimated at USD 3.18 billion. The report covers the Synthetic Graphite Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Synthetic Graphite Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Synthetic Graphite Market Research
Mordor Intelligence provides a comprehensive analysis of the synthetic graphite and artificial graphite industries. We leverage decades of expertise in carbon materials research. Our extensive report covers the complete spectrum of graphite materials, including graphite powder, graphite blocks, and graphitized carbon applications. The analysis offers detailed insights into industrial graphite and specialty graphite segments. There is a particular focus on graphite electrode manufacturing and conductive graphite technologies.
Stakeholders across the graphite industry gain valuable insights through our detailed report PDF, available for immediate download. The analysis provides in-depth coverage of battery materials trends, graphite anode developments, and carbon electrode innovations. Our research thoroughly examines graphite components and engineered carbon applications. It offers strategic intelligence for businesses involved in the graphite electrode market and battery materials industry. The report delivers actionable insights for companies operating in both traditional graphite materials sectors and emerging graphite market segments.