The Global Market for Carbon and Graphite is Projected to Reach US$20.1 Billion by 2024
Novel Applications Including Use in Li-Ion Batteries in the Emerging Electric Vehicle Market to Drive the Global Carbon & Graphite Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Carbon and Graphite market. The global market for Carbon and Graphite is projected to reach US$20.1 billion by 2024 , driven by their indispensability in the production of a wide range of products in end-use sectors such as steel, automotive, energy, and aerospace; and emerging new uses in Lithium ion batteries, electric vehicles, graphene electronics, and carbon nanostructures. The thriving end-use industries such as steel, transportation, electronics, semiconductor, solar, and petrochemical, among others, drive demand for carbon and graphite. Industrial manufacturing applications of graphite range from the humble...