Graphite Market Size to reach US$ 43,357.6 Mn by 2032 witnessing a growth of 6.5% CAGR - Report by Future Market Insights, Inc.

NEWARK, Del., Sept. 23, 2022 /PRNewswire/ -- The global graphite market is anticipated to reach a value of US$ 43,357.6 Mn by 2032, with the market expanding at a positive CAGR of 6.5% during the forecast period of 2022 and 2032. Valued at US$ 21,609.2 Mn in 2021, the graphite market will likely reach an estimated US$ 23,097.7 Mn in 2022. The escalating application of graphite in various end-use industries like batteries, foundry facing, lubricants & crucible, refractories and others drive the graphite market to grow over this period of observation.