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2025-10-27 06:29:53 -

Electric Arc Furnace Expansion and EV Battery Trends Propel Global Graphite Electrode Market Outlook to 2033

The Global Graphite Electrode Market is projected to grow from USD 6.91 billion in 2024 to USD 11.14 billion by 2033, registering a CAGR of approximately 4.9% during 2025–2033. Market expansion is driven by soaring demand for electric arc furnaces (EAF) in steel production, advancements in lithium-ion batteries for EVs and renewable energy, and ongoing innovation in electrode materials...

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