The Global Natural and Synthetic Graphite Market was valued at USD 16.27 Billion in 2025 and is projected to reach USD 25.91 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period (2024–2030). This robust expansion is driven by the explosive global demand for lithium-ion batteries in electric vehicles, the continued strength of industrial sectors like steel and refractories, and the accelerating adoption of renewable energy storage solutions.
As the world pivots toward electrification and sustainable energy systems, the spotlight is on the key material producers who are securing supply chains, driving innovation in material science, and scaling production to meet unprecedented demand. In this blog, we profile the Top 10 Companies in the Natural and Synthetic Graphite Industry—a mix of established carbon specialists, major Asian producers, and innovative new entrants shaping the future of this critical market.
🔟 1. Imerys Graphite & Carbon
Headquarters: Paris, France
Key Offering: Natural Flake Graphite, Synthetic Graphite, Specialty Carbon Products
Imerys Graphite & Carbon is a global leader in carbon-based solutions, with a strong foothold in both natural and synthetic graphite markets. The company supplies high-purity materials to demanding sectors including lithium-ion batteries, advanced refractories, and technical polymers. Their global production footprint and extensive R&D capabilities position them as a key partner for industries undergoing electrification.
Strategic Initiatives:
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Investing in purification technologies for battery-grade graphite
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Expanding product portfolio for EV battery anode materials
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Focusing on sustainable and traceable supply chains
Download FREE Sample Report: Global Natural and Synthetic Graphite Market – View in Detailed Research Report
9️⃣ 2. SGL Carbon
Headquarters: Wiesbaden, Germany
Key Offering: Synthetic Graphite Electrodes, Carbon Fibers, Composite Materials
SGL Carbon is a prominent European player specializing in high-performance carbon-based materials. The company is a major supplier of synthetic graphite electrodes for electric arc furnace steelmaking and is rapidly expanding into graphite anode materials for the battery sector through joint ventures and capacity expansions.
Strategic Initiatives:
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Strategic partnerships with European battery cell manufacturers
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Capacity expansion for graphite anode materials
8️⃣ 3. GrafTech International
Headquarters: Brooklyn Heights, Ohio, USA
Key Offering: Ultra-High-Power Graphite Electrodes, Needle Coke
GrafTech International is one of the world’s largest manufacturers of graphite electrodes, essential for electric arc furnace steel production. The company leverages its proprietary manufacturing technology and control over needle coke feedstock to produce high-performance, cost-effective synthetic graphite products for industrial applications.
Strategic Initiatives:
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Maintaining leadership in the graphite electrode market
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Optimizing production efficiency and cost structure
7️⃣ 4. BTR New Material Group
Headquarters: Shenzhen, China
Key Offering: Lithium-Ion Battery Anode Materials (Synthetic & Natural Graphite)
BTR New Material is a dominant force in the global lithium-ion battery anode market. As one of the largest suppliers of anode materials worldwide, the company produces both synthetic and natural graphite-based products, serving major battery manufacturers and electric vehicle companies across the globe.
Strategic Initiatives:
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Massive capacity expansion to meet soaring battery demand
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R&D in silicon-carbon composite anodes for next-generation batteries
Download FREE Sample Report: Global Natural and Synthetic Graphite Market – View in Detailed Research Report
6️⃣ 5. Showa Denko K.K. (PHD Graphite)
Headquarters: Tokyo, Japan
Key Offering: High-Purity Synthetic Graphite, Carbon Black, Battery Materials
Showa Denko, operating through its PHD Graphite division, is a leading Japanese producer of high-purity synthetic graphite. The company’s materials are critical for applications in semiconductors, lithium-ion batteries, and industrial heating elements, leveraging Japan’s reputation for precision manufacturing and quality control.
Strategic Initiatives:
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Development of premium graphite for high-energy-density batteries
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Focus on high-value, specialized graphite applications
5️⃣ 6. Tokai Carbon Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: Graphite Electrodes, Carbon Black, Fine Carbon Products
Tokai Carbon is a major global manufacturer of carbon products, including graphite electrodes for steelmaking and carbon black for tires and industrial applications. The company has a significant presence in the synthetic graphite market and is actively expanding its capabilities to serve the evolving needs of the battery and electronics industries.
Strategic Initiatives:
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Global expansion of graphite electrode production capacity
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Diversification into battery anode materials market
4️⃣ 7. Fangda Carbon New Material Co., Ltd.
Headquarters: Lanzhou, China
Key Offering: Graphite Electrodes, Carbon Block, High-Power Graphite
Fangda Carbon is one of China’s leading producers of graphite electrodes and carbon products. The company benefits from China’s dominant position in both graphite production and steelmaking, supplying a critical component for the country’s massive electric arc furnace steel industry while also exploring opportunities in the battery sector.
Strategic Initiatives:
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Leveraging scale to compete in global electrode markets
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Investing in R&D for new carbon material applications
3️⃣ 8. Nacional de Grafite
Headquarters: Itapecerica, Minas Gerais, Brazil
Key Offering: High-Purity Crystalline Natural Graphite
Nacional de Grafite is a significant producer of high-purity crystalline natural graphite. As a key supplier outside of the dominant Asian market, the company provides a crucial source of natural graphite for refractory, lubricant, and battery applications, with a focus on quality and sustainable mining practices.
Strategic Initiatives:
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Expanding production of high-value graphite products
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Developing downstream processing capabilities
2️⃣ 9. Graphit Kropfmühl AG
Headquarters: Kropfmühl, Germany
Key Offering: Natural Crystalline Graphite, Amorphous Graphite, Value-Added Products
Graphit Kropfmühl, part of the AMG Advanced Metallurgical Group, is a leading European producer of natural graphite. The company operates one of the few graphite mines in Western Europe and specializes in processing natural graphite into high-purity products for technical applications, including battery anodes and expanded graphite.
Strategic Initiatives:
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Securing European supply of battery-grade natural graphite
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Developing sustainable mining and processing technologies
1️⃣ 10. Syrah Resources Limited
Headquarters: Melbourne, Australia
Key Offering: Natural Flake Graphite, Battery Anode Material (Active Anode Material – AAM)
Syrah Resources operates the Balama graphite project in Mozambique, one of the largest known natural graphite deposits in the world. The company is a significant new entrant focused on supplying the battery market, with vertical integration from mining to the production of coated spherical graphite for lithium-ion battery anodes at its facility in the United States.
Strategic Initiatives:
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Scaling up integrated mine-to-anode material production
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Securing long-term offtake agreements with major battery and automotive companies
Get Full Report Here: Global Natural and Synthetic Graphite Market – View in Detailed Research Report
🌍 Outlook: The Future of Graphite Is Electric and Integrated
The natural and synthetic graphite market is undergoing a structural transformation. While traditional industrial applications continue to provide a stable demand base, the industry is channeling massive investments into battery-grade material production, supply chain localization, and innovative material science to power the global energy transition.
📈 Key Trends Shaping the Market:
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Rapid expansion of synthetic graphite anode production capacity in China, Europe, and North America
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Growing importance of ESG (Environmental, Social, and Governance) criteria in graphite sourcing and production
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Vertical integration from mining to anode material production to secure supply chains
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Technological innovation in silicon-graphite composites and other advanced anode materials
Get Full Report Here: Global Natural and Synthetic Graphite Market – View in Detailed Research Report
The companies listed above are not only supplying critical materials—they’re enabling the electrification of transport and industry worldwide.
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