Special and Extruded Graphite Market is Driven By Increasing Demand , Technological & Investment Opportunities
Special and Extruded Graphite Market Overview: Special and extruded graphite market share was USD 1,240.00 million in 2022.It is projected to reach USD 1,835.95 million by 2030, indicating a CAGR of 5.2% during the forecast period. Market key drivers: Tech Revolution: The rise of semiconductors, LEDs, and lithium-ion batteries is a major driver. Special graphite plays a crucial role in these technologies due to its excellent electrical conductivity, thermal stability, and high purity. Industrial Expansion: Growth in industries like electric vehicles, photovoltaics, and metal processing is creating a strong demand for graphite for applications like electric motor brushes, high-temperature furnaces, and lubricants. Green Focus: With the growing focus on sustainability, special graphite's applications in energy-efficient technologies like electric vehicles and renewable energy are gaining traction. Market Key Players: Toyo Tanso, Tokai Carbon, Mersen, IBIDEN,...