PUBLISHER: Daedal Research | PRODUCT CODE: 1270968
PUBLISHER: Daedal Research | PRODUCT CODE: 1270968
Global Graphite Market: Analysis By Demand, By Supply, By Type, By Application, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2028
In 2022, the global graphite market was valued at US$23.73 billion and is expected to grow to US$37.68 billion by 2028. The graphite is a soft blackish-colored mineral that forms on carbon-rich rock in the form of crystalline flake graphite, finely coarse amorphous graphite, or crystaline lump graphite. It mostly occurs on limestones, schists, and gneisses. The element is used heavily in the industrial space as a lubricant, carbon brushes for electric motors, fire retardants, and steel manufacturing.
The graphite market has historically been driven by industrial demand, but the strong increase and positive outlook for electric vehicle (EV) and battery demand have emerged as a key growth drivers. Graphite is becoming immensely popular among industries in the current scenario, due to its newfound applications, rising environmental concerns among citizens and governments, etc. China currently produces more than 60% of graphite globally. Importantly, almost all the downstream processing currently has at least one stage in China. The graphite market is projected to expand at a CAGR of 8.01% over the forecast period of 2023-2028.
Market Segmentation Analysis:
By Type: In the report, the global graphite market is bifurcated into two broad categories based on type: natural graphite and synthetic graphite. In 2022, the synthetic graphite segment dominated the overall market, driven by factors such as the increasing popularity of EVs, cleaner fuels and energy storage grids, etc. Synthetic graphite is used in significant quantities in the battery anode supply chain. Natural graphite is currently the second-largest supply source of graphite globally. However, given ESG positives, cost advantages, and performance gains from blending natural and synthetic, it is believed that natural graphite demand would increase at the highest CAGR. Natural graphite is predominantly produced in China, Mozambique, Madagascar, and Brazil, with smaller-scale supplies from Russia and Vietnam.
By Application: The report provides the bifurcation of the graphite market into five broad segments based on end-user: Refractories, Foundries, Batteries, Friction Products, and Others. In 2022, the refractories segment lead the global graphite market. The key factors driving the adoption of graphite in refractories include rising demand of steel, increasing construction activities, rising demand for automotive and energy industries. The unique properties of graphite make it an important material in the manufacturing of refractories used in high-temperature applications. The batteries segment is expected to grow with the rapid pace in the forecasted period because of the rising popularity of lithium-ion batteries.
By Region: In the report, the global graphite market is divided into four regions: Asia Pacific, North America, Europe, and Rest of World. Asia Pacific dominated the market in 2022 by occupying more than half of the share of the global market, due to the presence of well-established players of graphite market and presence of natural graphite resources in abundance. Asia Pacific graphite market is further divided into three regions: China, India and Rest of Asia Pacific. China, which is the largest consumer and producer of both natural and synthetic graphite, holds tremendous potential for the Asian economy. The domestic graphite structure in China is characterized by low-end consumption. The main graphite consumption fields in China are refractory materials and steel industry. Currently, the demand for graphite has received a major boost from the auto industry in China that is undergoing a transition to electric vehicles (EV), powered by lithium-ion batteries.
By Demand: The report provides a glimpse of the graphite market by demand around the world. The global demand for graphite is anticipated to experience a significant surge in response to changing industry and consumer requirements, as well as the increasing emphasis on achieving net-zero carbon emissions. While the growth in graphite demand is currently driven by steelmaking industry, there is now a rising trend in the global graphite market due to the growing popularity of electric vehicles (EVs). This led to the growing use for graphite in the Active Anode Material (AAM) in lithium-ion batteries. China is the largest player globally in terms of consumption of graphite. The report bifurcates global graphite demand into two segments; synthetic graphite and natural graphite. In 2022, the global synthetic graphite demand dominated the market. However, demand for natural graphite is expected to rise with the highest CAGR during the forecasted years.
By Supply: The report also includes the global natural graphite market supply. Natural graphite is gaining momentum as a significant source of this valuable resource. One of the primary reasons for the rising trend in natural graphite supply is the discovery of new graphite deposits in countries like Madagascar, Mozambique, and Tanzania, which are now being actively mined and processed. The global natural graphite market by supply is divided into eleven regions namely, China, Mozambique, Madagascar, Brazil, South Korea, Canada, Russia, India, Ukraine, Germany, and Others. In 2022, the global natural graphite supply was dominated by China, accounting for more than half of the global graphite production which is anticipated to grow manifolds in the forecasted period, due to the increasing demand for EVs and steel production in the economy.
By Flake Size: In the report, the global natural graphite supply is further divided based on flake size: fines (-100 mesh), medium (+100 mesh), large (+80 mesh), and jumbo (+50 mesh). Fines dominated the supply of the natural graphite market in the year 2022. The supply of fines is more abundant in nature due to its small particle size and is easily obtained during the graphite mining and processing processes, as they are usually found in higher quantities in graphite ore bodies. Moreover, fine graphite could also be obtained as a byproduct of processing larger flakes or from the production of other graphite products.
Global Graphite Market Dynamics:
Growth Drivers: One of the most important factors impacting the graphite market is the rising demand for lithium ion batteries in electrical vehicles. Climate change is the biggest concern that the world is facing today which is driving government and organizations around the world to look for alternative fuel resources, graphite is one such mineral which can help the world to achieve net-zero carbon emission. Graphite is used as an anode material in batteries and help in reducing carbon emmissions. The graphite makes up around 95% of the anode weight, with the remainder being silicon or other materials. Furthermore, the market has been growing over the past few years, due to factors such as growing steel industry, growth of aerospace industry, increasing demand for carbon fibres, and growth of emerging economies etc.
Challenges: However, the market has been confronted with some challenges specifically, environmental concerns, challenges from alternative materials, and stringent qualification process etc. The qualification of graphite is a very stringent process which can be a hurdle to its growth, as it is not a metal but a crystalline form of a carbon which can have variations in its structure resulting into various properties.
Trends: The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as increasing demand for spherical graphite, growing demand for natural flake graphite, shift towards value-added products, adoption of sustainable practices, and growing interest in graphite mining investment, etc. Spherical graphite is a form of graphite that has been processed to create small, spherical particles that are used as a key component in the production of lithium-ion batteries. It is an essential material for the anode of the battery, where it serves as a conductive additive and helps to improve the battery's performance, durability, and energy density.
Impact Analysis of COVID-19 and Way Forward:
The COVID-19 pandemic had a significant impact on the global graphite market, disrupting supply chains, leading to a decline in production and prices. However, the increasing demand from industries such as automotive, aerospace, and steel, as well as the growing emphasis on renewable energy and electric vehicles, is expected to drive demand for graphite.
The pandemic also highlighted the risks of relying heavily on global supply chains and led to a trend towards diversification of production. Stringent environmental regulations and increased investment in research and development are considered as a potential opportunities for the graphite industry in the post-pandemic era.
Competitive Landscape:
The global graphite market is fairly fragmented, but have started consolidating with time with emergence of few big player like GrafTech International Inc. There are several parts of the graphite supply chain including the miners, the processors, and the suppliers of graphite. Syrah resources is coming out to be major player in graphite industry from being miner to processor.
The key players of the graphite market are:
GrafTech Internation Inc.
Syrah Resources
Tokai Carbon Co., Ltd.
Talga Group
Resonac (Showa Denko K.K)
AMG Advanced Mettalurgical Group N.V.
SGL Carbon SE
Graphite India Limited
Nippon Carbon Co., Limited
Triton Mineral Limited
Focus Graphite Inc.
Northern Graphite Corporation
Mason Graphite
Some of the strategies among key players in the market are mergers, acquisitions, and collaborations. For instance, Syrah Resources has an offtake agreement with Tesla to supply 8ktpa of natural graphite AAM from its Vidalia facility, with an option for Tesla to increase the supply to 25ktpa from an expanded Vidalia facility. The Company has signed a non-binding MOU with Ford and SKon to evaluate the supply of AAM to the BlueOval SK JV, with ongoing testing and qualifying of Vidalia AAM.
Table of Contents
- 2.1 Graphite: An Overview
- 2.1.1 Introduction to Graphite
- 2.1.2 Uses of Graphite
- 2.1.3 Types of Graphite
- 2.2 Graphite Segmentation: An Overview
- 2.2.1 Graphite Segmentation
- 3.1 Global Graphite Market: An Analysis
- 3.1.1 Global Graphite Market: An Overview
- 3.1.2 Global Graphite Market by Value
- 3.1.3 Global Graphite Market by Type (Synthetic and Natural)
- 3.1.4 Global Graphite Market by Application (Refractories, Foundries, Batteries, Friction Products and Others)
- 3.1.5 Global Graphite Market by Region ( Asia Pacific, North America, Europe, Rest of World)
- 3.2 Global Graphite Market: Demand Analysis
- 3.2.1 Global Graphite Market by Demand: An Overview
- 3.2.2 Global Graphite Market by Demand
- 3.2.3 Global Graphite Market Demand by Type
- 3.3 Global Graphite Market: Type Analysis
- 3.3.1 Global Graphite Market by Type: An Overview
- 3.3.2 Global Synthetic Graphite Market by Value
- 3.3.3 Global Synthetic Graphite Market by Demand
- 3.3.4 Global Natural Graphite Market by Value
- 3.3.5 Global Natural Graphite Market by Demand
- 3.4 Global Graphite Market: Application Analysis
- 3.4.1 Global Graphite Market by Application : An Overview
- 3.4.2 Global Refractories Graphite Market by Value
- 3.4.3 Global Batteries Graphite Market by Value
- 3.4.4 Global Foundries Graphite Market by Value
- 3.4.5 Global Friction Products Graphite Market by Value
- 3.4.6 Global Others Graphite Market by Value
- 4.1 Asia Pacific Graphite Market: An Analysis
- 4.1.1 Asia Pacific Graphite Market: An Overview
- 4.1.2 Asia Pacific Graphite Market by Value
- 4.1.3 Asia Pacific Graphite Market by Region (China, India, Rest of Asia Pacific)
- 4.1.4 China Graphite Market by Value
- 4.1.5 India Graphite Market by Value
- 4.1.6 Rest of Asia Pacific Graphite Market by Value
- 4.2 North America Graphite Market: An Analysis
- 4.2.1 North America Graphite Market: An Overview
- 4.2.2 North America Graphite Market by Value
- 4.2.3 North America Graphite Market by Region (The US, Canada, Mexico)
- 4.2.4 The US Graphite Market by Value
- 4.2.5 Canada Graphite Market by Value
- 4.2.6 Mexico Graphite Market by Value
- 4.3 Europe Graphite Market: An Analysis
- 4.3.1 Europe Graphite Market: An Overview
- 4.3.2 Europe Graphite Market by Value
- 4.3.3 Europe Graphite Market by Region (Germany, UK, Rest of Europe)
- 4.3.4 Germany Graphite Market by Value
- 4.3.5 UK Graphite Market by Value
- 4.3.6 Rest of Europe Graphite Market by Value
- 4.4 Rest of World Graphite Market: An Analysis
- 4.4.1 Rest of World Graphite Market: An Overview
- 4.4.2 Rest of World Graphite Market by Value
- 5.1 Global Natural Graphite Market: Supply Analysis
- 5.1.1 Global Natural Graphite Market by Supply: An Overview
- 5.1.2 Global Natural Graphite Market by Supply
- 5.1.3 Global Natural Graphite Market Supply by Flake Size ( Fines(-100 mesh), Medium (+100 mesh), Large (+80 mesh), Jumbo (+50 mesh))
- 5.1.4 Global Natural Graphite Market Supply by Region (China, Mozambique, Madagascar, Brazil, South Korea, Canada, Russia, India, Ukraine, Germany and Others)
- 5.2 Global Natural Graphite Market Supply: Flake Size Analysis
- 5.2.1 Global Natural Graphite Market Supply By Flake Size: An Overview
- 5.2.2 Global Fines Natural Graphite Market by Supply
- 5.2.3 Global Medium Natural Graphite Market by Supply
- 5.2.4 Global Large Natural Graphite Market by Supply
- 5.2.5 Global Jumbo Natural Graphite Market by Supply
- 5.3 Global Natural Graphite Market Supply: Regional Analysis
- 5.3.1 Global Natural Graphite Market Supply by Region: An Overview
- 5.3.2 China Natural Graphite Market by Supply
- 5.3.3 Mozambique Natural Graphite Market by Supply
- 5.3.4 Madagascar Natural Graphite Market by Supply
- 5.3.5 Brazil Natural Graphite Market by Supply
- 5.3.6 South Korea Natural Graphite Market by Supply
- 5.3.7 Canada Natural Graphite Market by Supply
- 5.3.8 Russia Natural Graphite Market by Supply
- 5.3.9 India Natural Graphite Market by Supply
- 5.3.10 Ukraine Natural Graphite Market by Supply
- 5.3.11 Germany Natural Graphite Market by Supply
- 5.3.12 Other Regions Natural Graphite Market by Supply
- 6.1 Impact of COVID-19 on Global Graphite Market
- 6.2 Post COVID-19 Impact on Global Graphite Market
- 7.1 Growth Drivers
- 7.1.1 Increasing Graphite Demand for Lithium Ion Battery
- 7.1.2 Growing Steel Industry
- 7.1.3 Growth of Emerging Economies
- 7.1.4 Growth in Aerospace Industry
- 7.1.5 Increasing Demand for Carbon Fiber
- 7.2 Challenges
- 7.2.1 Stringent Qualification Process
- 7.2.2 Environmental Concerns
- 7.2.3 Competition from Alternative Materials
- 7.3 Market Trends
- 7.3.1 Increasing Demand for Spherical Graphite
- 7.3.2 Growing Demand for Natural Flake Graphite
- 7.3.3 Shift towards Value-Added Products
- 7.3.4 Adoption of Sustainable Practices
- 7.3.5 Growing Interest in Graphite Mining Investment
- 8.1 Global Graphite Market Players: Major Projects Comparison
- 8.2 Global Graphite Market Players: Graphite Production Comparison
- 8.3 Global Graphite Market Players: Agreements Comparison
- 8.4 Global Graphite Market Players: Reserves Comparison
- 8.5 Global Graphite Market Players: Resources Comparison
- 9.1 GrafTech International Ltd.
- 9.1.1 Business Overview
- 9.1.2 Net Sales by Region
- 9.1.3 Business Strategy
- 9.2 Syrah Resources
- 9.2.1 Business Overview
- 9.2.2 Revenue by Region
- 9.2.3 Business Strategy
- 9.3 Tokai Carbon Co., Ltd
- 9.3.1 Business Overview
- 9.3.2 Operating Segment
- 9.3.3 Business Strategy
- 9.4 Talga Group
- 9.4.1 Business Overview
- 9.4.2 Operating Segment
- 9.4.3 Business Strategy
- 9.5 Resonac (Showa Denko K.K.)
- 9.5.1 Business Overview
- 9.5.2 Operating Segment
- 9.5.3 Business Strategy
- 9.6 AMG Advanced Metallurgical Group N.V.
- 9.6.1 Business Overview
- 9.6.2 Operating Segments
- 9.6.3 Business Strategy
- 9.7 SGL Carbon SE
- 9.7.1 Business Overview
- 9.7.2 Operating Segments
- 9.7.3 Business Strategies
- 9.8 Graphite India Limited
- 9.8.1 Business Overview
- 9.8.2 Operating Segment
- 9.9 Nippon Carbon Co., Ltd.
- 9.9.1 Business Overview
- 9.9.2 Operating Segments
- 9.10 Triton Mineral Limited
- 9.10.1 Business Overview
- 9.10.2 Business Strategy
- 9.11 Focus Graphite Inc.
- 9.11.1 Business Overview
- 9.11.2 Business Strategy
- 9.12 Northern Graphite Corporation
- 9.12.1 Business Overview
- 9.12.2 Business Strategy
- 9.13 Mason Graphite
- 9.13.1 Business Overview
- 9.13.2 Business Strategy
1. Executive Summary
2. Introduction
3. Global Market Analysis
4. Regional Market Analysis
5. Natural Graphite Market Supply Analysis
6. Impact of COVID-19
7. Market Dynamics
8. Competitive Landscape
9. Company Profiles
List of Tables
- Table 1: Global Graphite Market Players: Major Projects Comparison
- Table 2: Global Graphite Market Players: Agreements Comparison
- Table 3: Global Graphite Market Players: Reserves Comparison
- Table 4: Global Graphite Market Players: Resources Comparison
List of Figures
- Figure 1: Types of Graphite
- Figure 2: Graphite Segmentation
- Figure 3: Global Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 4: Global Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 5: Global Graphite Market by Type; 2022 (Percentage, %)
- Figure 6: Global Graphite Market by Application; 2022 (Percentage, %)
- Figure 7: Global Graphite Market by Region; 2022 (Percentage, %)
- Figure 8: Global Graphite Market by Demand; 2018-2022 (Kilotonnes)
- Figure 9: Global Graphite Market by Demand; 2023-2028 (Kilotonnes)
- Figure 10: Global Graphite Market Demand by Type; 2022 (Percentage, %)
- Figure 11: Global Synthetic Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 12: Global Synthetic Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 13: Global Synthetic Graphite Market by Demand; 2018-2022 (Kilotonnes)
- Figure 14: Global Synthetic Graphite Market by Demand; 2023-2028 (Kilotonnes)
- Figure 15: Global Natural Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 16: Global Natural Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 17: Global Natural Graphite Market by Demand; 2018-2022 (Kilotonnes)
- Figure 18: Global Natural Graphite Market by Demand; 2023-2028 (Kilotonnes)
- Figure 19: Global Refractories Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 20: Global Refractories Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 21: Global Batteries Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 22: Global Batteries Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 23: Global Foundries Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 24: Global Foundries Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 25: Global Friction Products Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 26: Global Friction Products Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 27: Global Others Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 28: Global Others Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 29: Asia Pacific Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 30: Asia Pacific Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 31: Asia Pacific Graphite Market by Region; 2022 (Percentage, %)
- Figure 32: China Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 33: China Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 34: India Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 35: India Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 36: Rest of Asia Pacific Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 37: Rest of Asia Pacific Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 38: North America Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 39: North America Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 40: North America Graphite Market by Region; 2022 (Percentage, %)
- Figure 41: The US Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 42: The US Graphite Market by Value; 2023-2028 (US$ Billion)
Figure 43 : Canada Graphite Market by Value; 2018-2022 (US$ Million)
- Figure 44: Canada Graphite Market by Value; 2023-2028 (US$ Million)
- Figure 45: Mexico Graphite Market by Value; 2018-2022 (US$ Million)
- Figure 46: Mexico Graphite Market by Value; 2023-2028 (US$ Million)
- Figure 47: European Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 48: European Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 49: European Graphite Market by Region; 2022 (Percentage, %)
- Figure 50: Germany Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 51: Germany Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 52: UK Graphite Market by Value; 2018-2022 (US$ Million)
- Figure 53: UK Graphite Market by Value; 2023-2028 (US$ Million)
- Figure 54: Rest of Europe Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 55: Rest of Europe Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 56: Rest of World Graphite Market by Value; 2018-2022 (US$ Billion)
- Figure 57: Rest of World Graphite Market by Value; 2023-2028 (US$ Billion)
- Figure 58: Global Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 59: Global Natural Graphite Market by Supply; 2023-2028 (Kilotonnes)
- Figure 60: Global Natural Graphite Supply Market by Flake Size; 2022 (Percentage, %)
- Figure 61: Global Natural Graphite Market Supply by Region; 2022 (Percentage, %)
- Figure 62: Global Fines Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 63: Global Fines Natural Graphite Market by Supply; 2023-2028 (Kilotonnes)
- Figure 64: Global Medium Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 65: Global Medium Natural Graphite Market by Supply; 2023-2028 (Kilotonnes)
- Figure 66: Global Large Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 67: Global Large Natural Graphite Market by Supply; 2023-2028 (Kilotonnes)
- Figure 68: Global Jumbo Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 69: Global Jumbo Natural Graphite Market by Supply; 2023-2028 (Kilotonnes)
- Figure 70: China Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 71: Mozambique Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 72: Madagascar Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 73: Brazil Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 74: South Korea Natural Graphite Market by Supply; 2021-2022 (Kilotonnes)
- Figure 75: Canada Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 76: Russia Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 77: India Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 78: Ukraine Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 79: Germany Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 80: Other Regions Natural Graphite Market by Supply; 2018-2022 (Kilotonnes)
- Figure 81: Global Graphite Demand for Lithium Ion Battery; 2021-2030 (Kilotonnes)
- Figure 82: Global Steel Demand; 2022-2023 (Metric Tons)
- Figure 83: Emerging and Developing Economies GDP; 2022-2028 (US$ Trillion)
- Figure 84: Qualification Process of Graphite
- Figure 85: Syrah Resources, Renascor Resources and Talga Group Graphite Production; 2022-2027 (Kilotonnes)
- Figure 86: GrafTech International Ltd. Net Sales by Region; 2022 (Percentage, %)
- Figure 87: Syrah Resources Revenue by Region; 2022 (Percentage, %)
- Figure 88: Tokai Carbon Co., Ltd. Net Sales by Segment; 2021 (Percentage, %)
- Figure 89: Talga Group Revenue by Segment; 2022 (Percentage, %)
- Figure 90: Resonac (Showa Denko K.K) Sales by Segment; 2022 (Percentage, %)
- Figure 91: AMG Advanced Metallurgical Group N.V. Revenue by Segment; 2022 (Percentage, %)
- Figure 92: SGL Carbon SE Sale Revenue by Segment; 2022 (Percentage, %)
- Figure 93: Graphite India Limited Revenue by Segment; 2021-2022 (Percentage, %)
- Figure 94: Nippon Carbon Co., Ltd Net Sales by Segment; 2021 (Percentage, %)
