Graphite Powder Market size was valued at USD 16.95 billion in 2024 and is set to exceed USD 32.76 billion by 2037, registering over 5.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of graphite powder is evaluated at USD 17.7 billion.
The primary growth for the graphite powder market is the expansion of construction industry across the world. Recent estimates calculated that the revenue collected by the construction industry was almost USD 2 trillion in 2019.
A non-metal, graphite is a form of coal has metallic processes such as high stiffness, strength, highly-durable and is a good conductor of electricity and heat. This calcium salt is commonly used in various processes such as die or cast, desiccant in building materials, immobilize casts, tablet excipient, an impression material in dentistry and many more. The chemical formula of graphite powder is CaSO4, in its purest form, which is non elastic in nature despite being soft and flexible. Owing to its great advantages, graphite powder in today’s date is being highly used in the construction industry. Thus, the increment in the expenditure made by several governments in the construction industry is forecasted to bring lucrative opportunities for the market in the assessment period. By 2030, the global construction industry expenditure is expected to propel to USD 18 trillion.
Author Credits: Rajrani Baghel
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