Natural Graphite and the Green Economy: Critical Mineral Market Outlook (2025–2031)
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The Natural Graphite market size is expected to reach US$ 8.27 billion by 2031 from US$ 4.15 billion in 2024. The market is estimated to record a CAGR of 10.6% from 2025 to 2031.
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Executive Summary: Global Natural Graphite Market
The global natural graphite market is experiencing a significant shift, transitioning from a conventional industrial mineral to a critical component in the global energy transition. This transformation is primarily propelled by the rapid expansion of the electric vehicle (EV) sector and the increasing need for large-scale energy storage solutions.
Natural graphite is vital for lithium-ion batteries, serving as the primary anode material, and is therefore central to decarbonization initiatives in the automotive and energy industries. This has elevated graphite to a position of strategic importance in global resource competition.
