Global Carbon and Graphite Strategic Research Report 2024: Market to Reach $24.4 Billion by 2030 - Unwavering Focus on Automotive/Aircraft Lightweighting Spurs Demand

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Global Carbon and Graphite Market to Reach $24.4 Billion by 2030

The global market for Carbon and Graphite estimated at US$15 Billion in the year 2022, is projected to reach a revised size of US$24.4 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030.

Carbon & Graphite Electrodes, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$10.8 Billion by the end of the analysis period. Growth in the Carbon & Graphite Fibers segment is estimated at 9.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 7.4% CAGR

The Carbon and Graphite market in the U.S. is estimated at US$1.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$10.1 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.2 Billion by the year 2030.

Key Attributes:

Report AttributeDetails
No. of Pages478
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$15 Billion
Forecasted Market Value (USD) by 2030$24.4 Billion
Compound Annual Growth Rate6.3%
Regions CoveredGlobal


  • COVID-19 Impact on Global Carbon and Graphite Market
  • Global Carbon & Graphite Market to Maintain Vertiginous Growth Spurt
  • Segments Offering Special Thrust to Global Carbon & Graphite Market
  • Asia-Pacific's Leadership Role in Global Carbon & Graphite Market
  • Healthy Gains for North America & Europe
  • Carbon & Graphite Market Makes Powerful Strides with Roaster of Trends & Drivers
  • Graphite: At the Helm of Green Energy Revolution & Aggressive Supply Policies
  • Graphite Materials: Integral Parts of De-carbonization Strategy
  • Circularity & Reuse of Battery-Grade Raw Materials
  • China's Stronghold & Unsustainable Production Highlight Need for New Natural Graphite Mines
  • Unsustainable Production & Requirement of New Sources
  • Natural & Synthetic Graphite Squeezed by Twin Issues of Supply & Carbon Footprint
  • Natural Graphite: Supply Chain Issues
  • European Graphite Industry Struggles with Low Focus on Investments & Diversification
  • Key Drivers of the Graphite Market
  • Competition
  • Competitive Market Presence - Strong/Active/Niche/Trivial for 130 Players Worldwide in 2023 (E)
  • Influencer Market Insights
  • Everything You Ever Wanted to Know About Carbon & Graphite
  • Global Graphite Volume Production by Natural Graphite and Synthetic Graphite for the Year 2023
  • Recent Market Activity
  • World Brands


  • Strong Demand for Activated Carbon (AC) in Water/Air Purification & Automotive Industry Bodes Well for Market Growth
  • Deteriorating Quality of Water: Throws Emphasis on Water Treatment with Activated Carbon
  • Worsening Indoor & Outdoor Air Quality Throws Focus on Activated Carbon for Air Purification
  • Stringent Emission Norms Drives Activated Carbon Demand in the Automobile Sector
  • New Opportunities Emerge for Activated Carbon During COVID-19 Pandemic
  • Healthy Outlook for Steel Manufacturing Brings Cheer to Graphite Electrodes Manufacturers
  • A Primary Consumer of Graphite Electrodes, Steel Industry Dictates Demand Patterns for Graphite
  • Rise of Carbon Nanotube as a Marvel of Material Science & Engineering Adds Significantly to the Market's Overall Growth Momentum
  • Unwavering Focus on Automotive/Aircraft Lightweighting Spurs Demand for Carbon & Graphite
  • Future Fleet Expansion Plans Guided by Fuel Efficiency & Strict Emission Regulations to Benefit Demand for Lightweight Aircraft Parts & Components
  • High Strength & Low Weight Benefits Drive Demand for Carbon Fibers & Recycled Carbon Fibers in Myriad Applications
  • Graphite/Graphene Make New Headway in Wearable & Printed Electronics
  • Graphene Ushers in an Era of Metal Free Wearables
  • EVs Breathe New Life into Graphene/Graphite Demand
  • Global Opportunity for Commercial EVs
  • Robust Outlook for Renewable Energy Post Pandemic to Drive Demand for Carbon & Graphite in Solar Panels & Wind Turbines
  • Renewables Outlook
  • What Does it Mean for Graphite?
  • Refractories: A Major End-Use Market for Natural Graphite
  • Promising Growth from Expanding Energy Storage Applications
  • Graphite Lubrication Rises in Popularity
  • Carbon Footprint of Graphite & Carbon Production, Use & Disposal Causes Concerns
  • Sustainable Solutions & Practices Emerge into the Forefront Amid Rising Concerns


  • Amada Co., Ltd.
  • Asbury Carbons
  • Ampacet Corporation
  • Adsorbent Carbons Pvt., Ltd.
  • Aldila, Inc.
  • Anaori Carbon Co., Ltd.
  • ACS Material, LLC
  • AMG Advanced Metallurgical Group N.V.
  • Ameri-Source Specialty Products
  • Actagro LLC
  • BET Interactive, LLC, a wholly owned subsidiary of Black Entertainment Television LLC
  • Alliance Design and Development Group, Inc.
  • Arround Inc.
  • Apricot Technologies Limited

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Carbon and Graphite Market