Graphite Powder Market Analysis

Product Type Segment Analysis

Synthetic graphite, which is part of the product type, is anticipated to account for the highest share of 59.5% by the end of 2035. The segment’s upliftment is highly propelled by its importance for its consistent performance and superior purity, which makes it essential for high-tech applications, such as anodes in electric vehicle batteries, along with lithium-ion batteries for electronics. According to an article published by the Lycell Collection Organization in May 2025, the global graphite consumption utilizes both synthetic, which is 60% and natural, which is 40% of graphite. Besides, the futuristic supply risk associated with graphite originates from the uncertain energy transition that demands prediction, along with an increased concentration of end use, accounting for almost 80% among lithium-ion batteries, which is creating an optimistic outlook for the overall segment.

Application Segment Analysis

By the end of 2035, the lithium-ion batteries in the application segment are projected to cater to the second-highest share in the graphite powder market. The segment’s development is highly fueled by its emergence as the primary anode material, wherein it stores and releases lithium ions during discharging and charging. Besides, there has been an extreme rise in mining raw materials, which are necessary for lithium-ion batteries, such as lithium and cobalt. In this regard, as per an article published by Renewable and Sustainable Energy Reviews in November 2025, lithium-ion batteries readily account for almost 40% of the present market. Moreover, Fortum, which is a Finnish-based energy organization, has created a proprietary hydrometallurgical process that can recover more than 80% of materials from these batteries, thereby suitable for the segment’s growth.

End use Industry Segment Analysis

Based on the end use industry, the electric vehicles and transportation segment is expected to garner the third-highest share in the graphite powder market by the end of the forecast duration. The segment’s upliftment is highly driven by its importance in fundamentally reshaping its need dynamics and tactical strategy. In addition, the segment’s growth is further attributed to the international policy-based transition from internal combustion engines with graphite, which deliberately serves as the pivotal anode material in lithium-ion batteries that effectively power electric vehicles. However, the segment’s demand can be staggering since a single electric vehicle battery anode can develop a huge and sustained consumption stream. This, in turn, has transformed the market’s center of gravity from just a fragmented and industrial supplier base to a strongly integrated battery supply chain.

Our in-depth analysis of the graphite powder market includes the following segments: