The global synthetic graphite market is experiencing solid growth and is expected to rise from USD 7.1 billion in 2024 to around USD 13.1 billion by 2034. This growth, at a CAGR of 6.3%, is driven mainly by rising demand in sectors like electric vehicles, energy storage, and electronics. High-purity synthetic graphite dominates the market with over 59.3% share because it performs well in high temperature and high precision environments. Batteries especially for EVs are the largest application, making up about 39.1% of the market. Companies are focusing on improving manufacturing processes to meet strict quality requirements while reducing costs. As the need for cleaner and more efficient energy systems grows, synthetic graphite is proving to be a critical component in supporting this shift.
https://market.us/report/global-synthetic-graphite-market/
https://market.us/report/global-synthetic-graphite-market/
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