Graphite is being used more frequently in a variety of end-use sectors, including batteries, foundry faces, lubricants and crucibles, and refractories. China dominates the global Graphite Market in terms of production and consumption capacity, mostly due to the enormous demand from sectors with rapid expansion, such as electronics, steel production, the solar industry, lithium-ion battery production, and nuclear energy. Given the abundance of different graphite mines there, China is considered to be a major producer of both natural and synthetic graphite worldwide. In addition, China now produces more electric cars than the US, which is predicted to result in an increase in graphite demand during the following 10 years.
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