Sold by: Next Move Strategy Consulting
Deployed on AWS
Explore the evolving graphite market, driven by the surge in electric vehicle batteries, renewable energy storage, and industrial applications. This report provides insights into market trends, regional dynamics, and key players shaping the future of graphite.
Overview
The global graphite market, valued at USD 9.61 billion in 2024, is poised for significant growth, projected to reach USD 13.78 billion by 2030, with a compound annual growth rate (CAGR) of 6.2% between 2025 and 2030. This expansion is primarily driven by the increasing demand for lithium-ion batteries, advancements in renewable energy storage solutions, and the material's essential role in various industrial applications.
Request for a sample PDF report: https://www.nextmsc.com/graphite-market-mc3342/request-sample
The rapid adoption of electric vehicles (EVs) is a pivotal factor propelling the graphite market. Graphite is a critical component in the anodes of lithium-ion batteries, which are integral to EVs. As global EV sales continue to rise, the demand for high-quality graphite is escalating. For instance, General Motors secured a multi-billion-dollar agreement with Vianode in 2024 to ensure a stable supply of synthetic graphite, reflecting automakers' efforts to meet the growing demand.
Inquire before buying: https://www.nextmsc.com/graphite-market-mc3342/inquire-before-buying
Beyond the clean energy sector, graphite maintains its significance in traditional industrial applications. Its thermal resistance and conductivity make it indispensable in refractories, lubricants, and brake linings. The global steel production industry, projected to grow by 4% annually through 2030, continues to drive demand for graphite electrodes in electric arc furnaces, providing a stable foundation for the market.
The integration of renewable energy sources, such as solar and wind, necessitates efficient energy storage solutions. Graphite's high energy density makes it vital for large-scale batteries used in grid storage, residential, and commercial applications. As countries pursue renewable energy targets, the need for efficient storage solutions is rising, further boosting graphite demand.
Despite the promising growth prospects, the graphite market faces challenges related to supply chain disruptions and price volatility. The market's heavy reliance on China, which supplies a significant portion of global natural and battery-grade graphite, exposes it to geopolitical risks and export restrictions. For instance, China's 2024 export permit requirements for certain natural graphite products caused price fluctuations, impacting industries reliant on graphite.
To mitigate supply risks and environmental concerns, advancements in graphite recycling technologies are gaining momentum. Recycling graphite from used lithium-ion batteries, particularly from electric vehicles, reduces reliance on virgin materials and aligns with global sustainability goals. Companies like Redwood Materials are developing processes to recover battery-grade graphite, securing significant funding to scale operations and contribute to a circular economy.
The Asia-Pacific region dominates the graphite market, led by China's control of a substantial share of global natural graphite production and battery-grade graphite processing. However, the increasing emphasis on environmentally friendly practices and the need for diversified supply sources are prompting shifts in regional dynamics. North America and Europe are witnessing efforts to establish domestic graphite supply chains, with projects aimed at reducing dependence on imports and enhancing regional production capabilities.
Key players in the graphite industry are leveraging strategic partnerships and sustainable practices to strengthen their market position. Companies like SGL Carbon, Graphite One Inc., and Tokai Carbon Co., Ltd. are advancing their projects to ensure a stable supply of graphite. Additionally, initiatives focusing on low-carbon, ethical sourcing, and advanced processing are gaining traction, aligning with global sustainability goals and enhancing competitive advantage.
The graphite market is undergoing a transformative phase, driven by the surge in electric vehicle adoption, advancements in renewable energy storage, and the material's indispensable role in various industrial applications. While challenges related to supply chain disruptions and price volatility persist, advancements in recycling technologies and strategic partnerships offer promising solutions. The evolving regional dynamics and emphasis on sustainability are reshaping the market landscape, presenting opportunities for stakeholders to navigate and capitalize on the growth trajectory of the graphite industry.
Access full report: https://www.nextmsc.com/report/graphite-market-mc3342
Contact Us:
Next Move Strategy Consulting
E-Mail: info@nextmsc.com
Direct: +18577585017
Website: https://www.nextmsc.com/
Details
Categories
Delivery method
Deployed on AWS
New
Introducing multi-product solutions
You can now purchase comprehensive solutions tailored to use cases and industries.
Features and programs
Financing for AWS Marketplace purchases
AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
Pricing
This product is available free of charge. Free subscriptions have no end date and may be canceled any time.
Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator to estimate your infrastructure costs.
Vendor refund policy
All sales are final; no refunds or returns are accepted. Our reports include sensitive, researched data from various sources, including industry experts and paid services. We ensure confidentiality and offer customization at an additional cost. Please review our terms before purchase. For inquiries, contact customer service.
Legal
Vendor terms and conditions
Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .
Content disclaimer
Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.
Delivery details
AWS Data Exchange (ADX)
AWS Data Exchange is a service that helps AWS easily share and manage data entitlements from other organizations at scale.
Additional details
You will receive access to the following data sets.
Data set name | Type | Historical revisions | Future revisions | Sensitive information | Data dictionaries | Data samples |
|---|---|---|---|---|---|---|
NMSC_MarketResearch | All historical revisions | All future revisions | Not included | Not included |
Resources
Vendor resources
Similar products
Graphite is the AI-focused code review platform used by engineers at Shopify, Datadog, and more. Graphite integrates GitHub workflows with tooling from companies like Google and Meta to help developers write, review, and ship code faster.
This product has charges associated with it for seller support. Graphite, secured and supported by Hosted, is an enterprise-ready monitoring tool. It offers simple, secure, and supported deployment with advanced security measures and optional enhanced support.
Get immediate, actionable feedback on every pull request with Graphite's codebase-aware AI.
Up-to-date and secure image. Grafana is an open source metric analytics and visualization suite for visualizing time series data that supports various types of data sources.
Modernize COBOL systems into secure, AWS-native .NET applications in months not years—with no hand-coding or proprietary runtime.
Ideal for agencies and integrators seeking to retire mainframe workloads and deploy scalable, compliant .NET applications on AWS GovCloud.
Graphite GTC’s Mainframe Modernization Accelerator uses Agentic AI, our no-code Graphite Studio platform, and AWS-native architecture to ingest COBOL Applications (including but not limited to CICS/VSAM/DB2/JCL), automatically generate cloud-ready .NET applications, and deliver full-stack modernization without vendor lock-in or black-box translation.