The Global Natural and Synthetic Graphite Market was valued at US$ 972.4 Million in 2022 and is projected to reach US$ 1224.6 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period (2023–2029). This robust growth is primarily fueled by the exponential demand from the lithium-ion battery sector, advancements in electric vehicle (EV) infrastructure, and the steady requirements from traditional industries like refractories and metallurgy.

As the world pivots towards electrification and sustainable technologies, graphite has emerged as a critical material. In this blog, we profile the Top 10 Companies in the Natural and Synthetic Graphite Industry—a blend of established miners, advanced material scientists, and integrated producers who are shaping the foundation of modern industry.

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🔟 1. BTR New Material Group Co., Ltd. (BTR)

Headquarters: Shenzhen, Guangdong, China
Key Offering: Synthetic Graphite Anode Materials, Natural Graphite Products

BTR is a global leader in lithium-ion battery anode materials, supplying major EV battery manufacturers worldwide. The company specializes in high-performance synthetic graphite, which is essential for achieving longer battery life and faster charging capabilities in electric vehicles and consumer electronics.

Innovation and Expansion Initiatives:

• Massive capacity expansion to meet soaring EV battery demand

• R&D focus on silicon-carbon composite anode materials for next-gen batteries

• Strategic partnerships with global automotive and battery giants

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Natural and Synthetic Graphite Market – View in Detailed Research Report

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9️⃣ 2. Imerys Graphite & Carbon

Headquarters: Paris, France
Key Offering: Synthetic Graphite, Natural Graphite, Carbon Additives

Imerys Graphite & Carbon is a key European supplier with a strong global presence, providing high-purity graphite solutions for a wide range of industries, including batteries, refractories, and advanced engineering materials. Their expertise lies in tailoring graphite properties for specific high-performance applications.

Innovation and Expansion Initiatives:

• Development of specialty graphites for the European battery alliance

• Focus on sustainable and traceable supply chains

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8️⃣ 3. Shin-Etsu Chemical Co., Ltd. (SGL Carbon)

Headquarters: Wiesbaden, Germany (SGL Carbon)
Key Offering: Synthetic Graphite, Carbon Fibers, Composite Materials

SGL Carbon is a leading manufacturer of carbon-based solutions. Their graphite materials division produces high-quality synthetic graphite for applications in semiconductor manufacturing, industrial furnaces, and the rapidly growing battery market, leveraging decades of materials science expertise.

Innovation and Expansion Initiatives:

• Expansion of graphite anode production capacity for EVs

• Investment in R&D for graphite bipolar plates for fuel cells

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7️⃣ 4. National de Grafite

Headquarters: Itapecerica, Minas Gerais, Brazil
Key Offering: High-Purity Crystalline Flake Graphite

National de Grafite is one of the largest producers of natural graphite in the Americas, operating its own mines and processing facilities in Brazil. The company is renowned for its high-quality crystalline flake graphite, a critical raw material for refractories, expandable graphite, and battery anodes.

Innovation and Expansion Initiatives:

• Mine development and operational efficiency improvements

• Exploring downstream processing to produce value-added battery-grade products

Download FREE Sample Report:
Natural and Synthetic Graphite Market – View in Detailed Research Report

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6️⃣ 5. Fangda Carbon New Material Co., Ltd.

Headquarters: Lanzhou, Gansu, China
Key Offering: Graphite Electrodes, Carbon Products, Special Graphite

Fangda Carbon is a dominant player in the global graphite electrode market, which is essential for electric arc furnace (EAF) steel production. The company also produces a wide array of specialty carbon and graphite materials for various industrial applications.

Innovation and Expansion Initiatives:

• Leading supplier for the global steel industry’s shift towards EAFs

• Diversification into new carbon material applications

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5️⃣ 6. Tirupati Graphite plc

Headquarters: London, United Kingdom
Key Offering: Specialty Flake Graphite, Graphene

Tirupati Graphite is a focused flake graphite company with mining operations in Madagascar and projects in Mozambique. The company aims to become a significant supplier of specialty graphite for advanced applications, including batteries and graphene.

Innovation and Expansion Initiatives:

• Rapid ramp-up of production capacity in Madagascar

• Development of downstream processing for high-value products

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4️⃣ 7. South Sea Graphite

Headquarters: China
Key Offering: Natural Flake Graphite

South Sea Graphite is a significant Chinese producer integral to the domestic supply chain. The company supplies various grades of natural flake graphite to both domestic and international markets, serving industries from refractories to emerging battery technologies.

Innovation and Expansion Initiatives:

• Modernization of processing facilities to improve product quality

• Meeting the stringent quality demands of the lithium-ion battery industry

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3️⃣ 8. Haida Graphite Co., Ltd.

Headquarters: Qingdao, Shandong, China
Key Offering: Micronized Graphite, Expandable Graphite, Graphite Powders

Haida Graphite specializes in processed graphite products, including micronized and expandable graphite. These products are crucial for applications such as fire retardants, conductive coatings, and lubricants, showcasing the material’s versatility beyond batteries.

Innovation and Expansion Initiatives:

• Development of advanced graphite powders for specialized industrial uses

• Expansion of product portfolio to capture niche markets

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2️⃣ 9. Graphit Kropfmühl AG (AMG Graphite)

Headquarters: Kropfmühl, Germany
Key Offering: Natural Crystalline Graphite, Synthetic Graphite

As part of the AMG Advanced Metallurgical Group, Graphit Kropfmühl operates the only graphite mine in Western Europe. The company provides high-purity natural graphite and also produces synthetic graphite, serving high-tech industries across the continent.

Innovation and Expansion Initiatives:

• Securing a sustainable graphite supply for the European market

• Focus on high-purity applications in mobility and energy storage

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1️⃣ 10. Yixiang Group

Headquarters: China
Key Offering: Natural Graphite, Graphite Products

Yixiang Group is a prominent Chinese graphite producer with integrated operations from mining to processing. The company supplies a broad spectrum of graphite products, supporting both traditional heavy industries and the new energy sector.

Innovation and Expansion Initiatives:

• Vertical integration to control quality and costs

• Adapting production to meet the evolving specifications of battery manufacturers

Get Full Report Here:
Natural and Synthetic Graphite Market – View in Detailed Research Report

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🌍 Outlook: The Future of Graphite is Electric and Sustainable

The natural and synthetic graphite market is undergoing a fundamental transformation. While refractories and metallurgy remain cornerstone applications, the unprecedented demand from the lithium-ion battery industry is redefining market dynamics and driving innovation across the supply chain.

📈 Key Trends Shaping the Market:

• Explosive growth in EV adoption driving demand for battery anode materials

• Strategic focus on securing non-Chinese graphite supply chains for geopolitical diversification

• Advancements in graphite purification and processing technologies to achieve battery-grade purity

• Increasing investment in synthetic graphite production to supplement natural graphite supply

Get Full Report Here:
Natural and Synthetic Graphite Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial mineral—they are enabling the global transition to clean energy and advanced technologies.