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Growing Demand in EVs Boosts Global Graphite Market Size

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The graphite market is anticipated to grow from USD 15.67 billion in 2024 to USD 36.40 billion by 2030, at a CAGR of 15.1% during the forecast period. The market growth is due to the high production of HEVs, PHEVs, and EVs, increasing demand for energy storage devices and steel, and rising use of batteries in energy storage applications. Expansions and product developments are expecte... https://www.prnewswire.com/news-releases/graphite-market-worth-36-40-billion-by-2030--exclusive-report-by-marketsandmarkets-302322051.html

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