Global Graphite Market Size & Outlook, 2024-2030

The graphite industry worldwide is expected to reach a projected revenue of US$ 17,825.6 million by 2030. A compound annual growth rate of 6.7% is expected of the worldwide graphite industry from 2025 to 2030.
Revenue, 2024 (US$M)
$12,212.8
Forecast, 2030 (US$M)
$17,825.6
CAGR, 2025 - 2030
6.7%
Report Coverage
Worldwide

Global graphite market, 2018-2030 (US$M)

Global graphite market highlights

  • The global graphite market generated a revenue of USD 16,518.6 million in 2023 and is expected to reach USD 21,069.9 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 3.5% by 2030.
  • In terms of segment, natural graphite accounted for a revenue of USD 16,518.6 million in 2023.
  • Natural Graphite is the most lucrative value segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 16,518.6 million
Market revenue in 2030USD 21,069.9 million
Growth rate3.5% (CAGR from 2023 to 2030)
Largest segmentNatural graphite
Fastest growing segmentNatural Graphite
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNatural Graphite

Other key industry trends

  • In terms of revenue, the North America accounted for 14.6% of the global graphite market in 2023.

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Graphite Market Scope

Graphite market segmentation & scope
Countries
Canada
Mexico
U.S.
France
Germany
Italy
Spain
China
India
Japan
Brazil

Graphite Market Companies

Name Profile # Employees HQ Website

Global graphite market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to graphite market will help companies and investors design strategic landscapes.


Natural graphite was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Global graphite market based on natural graphite covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Graphite Value Outlook (Revenue, USD Million, 2018-2030)
    • Natural Graphite
    • Synthetic Graphite
  • Global Graphite Application Outlook (Revenue, USD Million, 2018-2030)
    • Electrodes
    • Refractories
    • Lubricants
    • Foundries
    • Battery Production
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global graphite market , including forecasts for subscribers. This global databook contains high-level insights into Global graphite market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global graphite market size, by regions, 2018-2030 (US$M)

Top 10 countries: Graphite market size, 2023 (US$M)

Global graphite market share, by value, 2023 & 2030 (%, US$M)

Graphite market: Opportunity assessment by country

Global graphite market, by region, 2024 (US$M)

Global graphite market size, by regions, 2018-2030 (US$M)

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