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Stock impact report

Graphite Market Size Worth $13.2 Billion by 2033 | CAGR: 4.8%: AMR [Yahoo! Finance]

GrafTech International Ltd. (EAF) 
Last graftech international ltd. earnings: 2/6 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
5 min read Graphite electrodes play a crucial role in the operation of electric arc furnaces (EAF), which are widely used for steelmaking. EAFs are an efficient and environmentally friendlier method of producing steel, as they primarily rely on scrap steel rather than raw iron ore. Wilmington, Delaware, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Graphite Market by Type (Natural Graphite and Synthetic Graphite), and Application (Lubrication, Refractories, Foundry, Battery Production, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033" According to the report, the graphite market was valued at $8.4 billion in 2023, and is estimated to reach $13.2 billion by 2033, growing at a CAGR of 4.8% from 2024 to 2033. Prime determinants of growth The global graphite market is experiencing growth due to several factors such as increase demand for lithium-ion batteries. However, environmental regulations and sustainability co Show less Read more
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