Market Growth for Synthetic Graphite
As we close the book on 2023, synthetic graphite is experiencing sustained market growth driven by several factors such as the growth in steel production, the continued demand for lithium ion batteries, and the growing demand for graphite in many other sectors. Below, we’ll look at some of the drivers of the increase in synthetic graphite, and even natural graphite, production we are currently experiencing. Growing Demand for Lithium-Ion Batteries With the rising demand for electric vehicles (EVs) and energy storage systems, synthetic graphite, particularly in the form of graphite anode materials for lithium-ion batteries, was in high demand in...
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