The Graphite Market has been stimulated by a variety of advantageous features of graphite, including lubricity, high thermal and electrical conductivity, and chemical resistance. Thus, it has a wide range of applications. Additionally, graphite is utilised in the production of the anodes used in batteries, particularly in electric vehicles. The graphite market is expected to grow throughout the assessment period because to the rapidly developing global market for electric vehicles. Another important element that is projected to boost the sales of hybrid electric vehicles and electric vehicles around the world is the rise in environmental concerns and public awareness of rising pollution levels. The Graphite Market is anticipated to expand significantly over the course of the forecast period as a result of the robust growth in these end-use industries.
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