Isostatic Pressure Graphite Global Market Report 2025

The isostatic pressed graphite market size has grown strongly in recent years. It will grow from $1.32 billion in 2024 to $1.42 billion in 2025 at a compound annual growth rate (CAGR) of 7.2%. The growth during the historic period is attributed to rising demand in the semiconductor industry, increased production of electric vehicles, greater use in nuclear power plants, expansion in metal casting and foundry sectors, demand for materials resistant to high temperatures, and growth in renewable energy equipment.

The isostatic pressed graphite market size is expected to see strong growth in the next few years. It will grow to $1.83 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth expected in the forecast period is driven by increasing demand from the aerospace and defense sectors, wider adoption in renewable energy applications, growing need for high-temperature resistant materials, industrial expansion in emerging economies, and a focus on sustainable and energy-efficient solutions. Key trends in the forecast period include advancements in ultra-high-purity graphite production, integration with additive manufacturing techniques, development of sustainable and energy-efficient manufacturing processes, improved thermal and electrical conductivity for electronic applications, innovations in graphite recycling and reuse, and incorporation into medical and biomedical devices.

The growing adoption of electric vehicles is expected to drive the expansion of the isostatic pressure graphite market in the coming years. Electric vehicles (EVs) use electric motors powered by rechargeable batteries or fuel cells instead of internal combustion engines, offering benefits such as lower emissions, greater energy efficiency, and reduced reliance on fossil fuels. The rise in fuel prices has made EVs a more cost-effective choice for consumers, significantly boosting their adoption. Isostatic pressure graphite plays a crucial role in electric vehicles by providing high-purity, thermally stable materials essential for battery anodes, which improve energy efficiency and extend battery life. Its consistent structure and excellent conductivity support advanced EV components, enhancing overall performance and reliability. For example, according to the International Energy Agency, a France-based intergovernmental organization, electric car sales increased to 14 million units (18%) in 2023, up from 3 million units (4%) in 2020. Consequently, the growing use of electric vehicles is propelling the growth of the isostatic pressure graphite market.

Leading companies in the isostatic pressure graphite market are focusing on creating advanced products such as integrated oxygen getter cassettes to boost material performance, extend product lifespan, and meet the strict quality standards of high-tech industries. Integrated oxygen getter cassettes are specialized devices designed to absorb and eliminate oxygen within a sealed environment to prevent oxidation and preserve material or system integrity. For instance, in April 2023, Quintus Technologies AB, a Sweden-based high-pressure manufacturing technology company, launched the Purus Toolbox for hot isostatic pressing (HIP). This innovative solution is particularly important for applications using isostatic pressure graphite components. The Purus Toolbox includes engineered integrated oxygen getter cassettes that enable the production of components with oxidation-free surfaces after the HIP process, removing the need for labor-intensive, hazardous, or costly pre- and post-processing steps.

In June 2023, Resistotech Industries Pvt. Ltd., an India-based manufacturing company, acquired SGL Carbon India Pvt. Ltd. for an undisclosed amount. This acquisition strengthens Resistotech Industries’ position in the specialty carbon materials sector by leveraging SGL Carbon India’s technology and market presence to improve manufacturing capabilities, expand its customer base, and drive innovation and growth. SGL Carbon India Pvt. Ltd. is an India-based technology company specializing in the development and production of isostatic pressure graphite.

Major players in the isostatic pressure graphite market are XRD Graphite Manufacturing Co. Ltd., SGL Carbon, Entegris Inc., IBIDEN Co. Ltd., Fangda Carbon New Material Co. Ltd., Schunk Group, Mersen Group, GrafTech International Ltd., Graphite India Limited, Toyo Tanso Co. Ltd., SEC Carbon Limited, Pingdingshan Oriental Carbon Co. Ltd., Qingdao Xinghe Graphite Co. Ltd., MBI Graphite, Ameri-Source Specialty Products, Shanshan Technology, Hitech Graphite Co. Ltd., GES-AGM, E&G Graphite Inc., and Pingdingshan Kaiyuan Special Graphite Co. Ltd.

North America was the largest region in the isostatic pressure graphite market in 2024. The regions covered in isostatic pressure graphite report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the isostatic pressure graphite market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Isostatic pressure graphite is a high-density graphite material manufactured through a process known as isostatic pressing. This technique produces strong and uniform graphite components with excellent mechanical and thermal characteristics. Its main purpose is to supply durable, precise parts for various industrial uses.

The primary categories of isostatic pressure graphite include high-density, medium-density, and low-density variants. High-density isostatic pressure graphite is a premium-grade material created by isostatic pressing, resulting in a consistent, fine-grained, and high-strength structure. It is available in multiple forms such as blocks, tubes, plates, and more, supporting a wide array of applications including semiconductor wafers, nuclear graphite, molded graphite, mechanical seals, and carbon brushes. These versatile products serve numerous end-use industries like manufacturing, automotive, electronics and electrical, energy and power, aerospace, and others.

The isostatic pressure graphite market research report is one of a series of new reports that provides isostatic pressure graphite market statistics, including isostatic pressure graphite industry global market size, regional shares, competitors with a isostatic pressure graphite market share, detailed isostatic pressure graphite market segments, market trends and opportunities, and any further data you may need to thrive in the isostatic pressure graphite industry. This isostatic pressure graphite market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The isostatic pressure graphite market consists of sales of graphite electrodes, crucibles, molds, furnace parts, and specialty graphite products. 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.

This product will be delivered within 3-5 business days.