is driven by strong demand from steelmaking, electronics, lubricants, refractories, and energy storage industries. Graphite’s high thermal resistance, electrical conductivity, and lubricating properties make it an essential industrial material.

Steel and metallurgy industries are major consumers, using graphite electrodes in electric arc furnaces. Growth in steel production directly influences market demand. The electronics sector also relies on graphite for batteries, thermal management, and conductive components.

The rise of electric vehicles has significantly boosted demand for graphite in lithium-ion battery anodes. Natural and synthetic graphite both play important roles in energy storage applications.

Asia-Pacific leads the graphite market due to strong industrial activity and battery manufacturing capacity. Sustainability and recycling initiatives are also shaping market dynamics.

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