Graphite Market: Powering Growth in Energy Storage, Steelmaking, and Advanced Materials
The Graphite Market is gaining strong momentum, driven by its versatile applications across industries such as steelmaking, batteries, lubricants, refractories, and advanced composites. Graphite, a crystalline form of carbon, is known for its exceptional thermal and electrical conductivity, lubricating properties, and high resistance to heat and corrosion. These qualities make it indispensable in a wide range of industrial, energy, and technological app
lications.
Market Overview
Traditionally, graphite has been widely used in steel and metallurgical industries, where it serves as a refractory material and a key component in crucibles, molds, and electrodes. With the expansion of global infrastructure and the rising demand for steel, this segment continues to dominate graphite consumption.
However, the most transformative growth driver for the graphite market in recent years has been the energy storage and electric vehicle (EV) revolution. Graphite is a critical material used as the anode in lithium-ion batteries, which power electric cars, smartphones,…