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0 0.0379746835443038 0.0126582278481013 0.0126582278481013 0.0379113924050633 0.0221518987341772 -0.0126582278481013 -0.0253164556962026
Stock impact report

Graphite Market worth $36.40 billion by 2030, at a CAGR of 15.1%, says MarketsandMarkets™ [Yahoo! Finance]

NOVONIX Limited (NVX) 
Company Research Source: Yahoo! Finance
USD 15.67 billion in 2024 to USD 36.40 billion by 2030, at a CAGR of 15.1% during the forecast period, as per the recent study by MarketsandMarkets™. The demand for graphite is rising due to its critical role in energy storage technologies, particularly lithium-ion batteries, driven by the rapid growth of electric vehicles (EVs) and renewable energy sectors. Emerging battery technologies, such as solid-state and sodium-ion batteries, further expand graphite's applications. Additionally, the semiconductor and electronics industries rely on high-purity graphite for manufacturing components like silicon wafers and compact energy solutions for IoT devices. Industrial uses, including refractories, steel production, and aerospace, continue to sustain demand. Increasing global focus on sustainability and green technologies, coupled with graphite's unique properties like thermal stability and conductivity, solidifies its importance across multiple sectors. Download PDF Brochure: https://www Show less Read more
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