Global Synthetic Graphite Market: Regional Insights
Regionally, Asia-Pacific is expected to dominate the global synthetic graphite market, with China and India accounting for a majority of its consumption and production capacity. In China, the market is driven by the growing demand for electric cars and a shift toward environmentally-friendly manufacturing methods. The country is also investing heavily in the refractory and electrode sectors.
Europe is the second-largest graphite market, with Germany and France accounting for a majority of its consumption and output. In addition to the electric car industry, the demand for lithium-ion batteries has also been driving the graphite market growth in Europe.
Synthetic Graphite Market Report Snapshots
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