Graphite Market Growth 2022: Revenue, Growth, Restraints, Trends, Share, Company Profiles, Analysis & Forecast Till 2030

Graphite Market is projected to be worth USD 30.56 Billion by 2030, registering a CAGR of 9.35% during the forecast period (2021 - 2030). The production of graphite via temperature treatment of carbon precursors as well as the inclination towards alternatives will shape the industry. The global graphite market report by Market Research Future (MRFR) highlights the production methods, efforts put in quality, and strategies for scaling for the period of 2021 - 2030 (forecast period). Market Scope The global Graphite Market Growth is set for a humongous growth spurt during the forecast period owing to demand for the material in aerospace and steel industries. High demand for lightweight aircraft and shift to low carbon emitting vehicles can drive the market growth. In addition, the acceptance of electric and hybrid vehicles is an indicator of the large potential for graphite. The use of graphite in lithium ion powered batteries will bode well for the market. Increas...