The specialty synthetic graphite market size is expected to see strong growth in the next few years. It will grow to $3.78 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to increasing electric vehicle adoption, rising demand for renewable energy storage, technological advancements in high-performance anode materials, expansion in semiconductor and photovoltaic industries, growth in industrial and automotive applications requiring specialty synthetic graphite. Major trends in the forecast period include high thermal conductivity for batteries, high electrical conductivity for energy storage, high purity and corrosion resistance, use in lithium-ion battery anodes, application in semiconductor and photovoltaic industries.
The rising adoption of electric vehicles is expected to fuel growth in the specialty synthetic graphite market moving forward. Electric vehicles (EVs) include battery electric, plug-in hybrid, and hybrid models that are powered fully or partially by electricity. This increasing adoption is driven by environmental advantages, reduced operating costs, and supportive government policies. Specialty synthetic graphite contributes to electric vehicles by enhancing battery performance, boosting energy density, and extending battery lifespan through its superior conductivity and structural stability. For example, in December 2024, the Energy Information Administration, a US government agency, reported that hybrid, plug-in hybrid, and battery electric vehicles accounted for 19.1% of new light-duty car sales in Q2 2024, rising to 21.2% in Q3 2024. Thus, growing electric vehicle adoption is propelling the specialty synthetic graphite market.
Leading companies in the specialty synthetic graphite market are concentrating on developing ultra-low carbon footprint materials to address increasing demand for sustainable battery components and comply with strict environmental regulations in the electric vehicle and energy storage sectors. Ultra-low carbon footprint materials are designed to minimize greenhouse gas emissions throughout their lifecycle, from raw material extraction to end use. For instance, in March 2025, Vianode, a Norway-based advanced battery materials firm, launched its first recycled graphite product, gaining considerable attention within the battery technology industry. This innovation marks a significant step toward sustainable battery manufacturing by incorporating recycled materials into battery anodes. It also supports circular economy initiatives in energy storage, positioning Vianode’s product at the forefront of eco-friendly and resource-efficient battery solutions.
In September 2025, Exxon Mobil Corporation, a US-based provider of integrated energy products and services spanning oil and gas exploration, refining, petrochemicals, and emerging battery material technologies, acquired selected assets and technologies of Superior Graphite Co. for an undisclosed sum. Through this acquisition, ExxonMobil seeks to strategically enter and scale its presence in the synthetic graphite market to support electric vehicle (EV) battery anode production and establish a domestic supply chain for critical battery materials. Superior Graphite Co. is a US-based supplier of high-performance graphite and carbon materials, offering advanced graphite products, processing technologies, and research capabilities across energy, industrial, and specialty markets.
Major companies operating in the specialty synthetic graphite market report are Resonac Holdings Corporation, Imerys Graphite & Carbon, Ibiden Co. Ltd., Tokai Carbon Co. Ltd., Schunk GmbH & Co. KG, Hexcel Corporation, Morgan Advanced Materials plc, GrafTech International Ltd., SGL Carbon SE, Mersen S.A., Fangda Carbon New Material Co. Ltd., Graphite India Limited, Toyo Tanso Co. Ltd., HEG Limited, Nippon Carbon Co. Ltd., Asbury Carbons Inc., Superior Graphite Company, Poco Graphite Inc., SEC Carbon Ltd., Novonix Limited, Vianode AS.
Asia-Pacific was the largest region in the specialty synthetic graphite market in 2025. The regions covered in the specialty synthetic graphite market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the specialty synthetic graphite market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The specialty synthetic graphite market consists of sales of battery materials, graphite blocks and plates, graphite crucibles, graphite heat spreaders and foils, and graphite rods and powders. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Specialty Synthetic Graphite Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses specialty synthetic graphite market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for specialty synthetic graphite? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The specialty synthetic graphite market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Type: Isotropic Graphite; Extruded Graphite; Molded Graphite2) By Product Form: Synthetic Graphite Powders; Synthetic Graphite Fibers; Synthetic Graphite Composites; Specialty Synthetic Graphite Grades
3) By Application: Photovoltaic Industry; Semiconductor Industry; Electrical Discharge Machining; Foundry Metallurgy Field
4) By End-User: Electronics and Electrical; Energy and Utilities; Automotive and Transportation; Industrial Manufacturing; Aerospace and Defense
Subsegments:
1) By Isotropic Graphite: Fine-grain Isotropic Graphite; High-purity Isotropic Graphite; High-strength Isotropic Graphite2) By Extruded Graphite: Standard Extruded Graphite; High-density Extruded Graphite; High-conductivity Extruded Graphite
3) By Molded Graphite: Vibration Molded Graphite; Static Molded Graphite; High-strength Molded Graphite
Companies Mentioned: Resonac Holdings Corporation; Imerys Graphite & Carbon; Ibiden Co. Ltd.; Tokai Carbon Co. Ltd.; Schunk GmbH & Co. KG; Hexcel Corporation; Morgan Advanced Materials plc; GrafTech International Ltd.; SGL Carbon SE; Mersen S.a.; Fangda Carbon New Material Co. Ltd.; Graphite India Limited; Toyo Tanso Co. Ltd.; HEG Limited; Nippon Carbon Co. Ltd.; Asbury Carbons Inc.; Superior Graphite Company; Poco Graphite Inc.; SEC Carbon Ltd.; Novonix Limited; Vianode aS
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Specialty Synthetic Graphite market report include:- Resonac Holdings Corporation
- Imerys Graphite & Carbon
- Ibiden Co. Ltd.
- Tokai Carbon Co. Ltd.
- Schunk GmbH & Co. KG
- Hexcel Corporation
- Morgan Advanced Materials plc
- GrafTech International Ltd.
- SGL Carbon SE
- Mersen S.A.
- Fangda Carbon New Material Co. Ltd.
- Graphite India Limited
- Toyo Tanso Co. Ltd.
- HEG Limited
- Nippon Carbon Co. Ltd.
- Asbury Carbons Inc.
- Superior Graphite Company
- Poco Graphite Inc.
- SEC Carbon Ltd.
- Novonix Limited
- Vianode AS
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 2.94 Billion |
| Forecasted Market Value ( USD | $ 3.78 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 22 |


