PUBLISHER: The Business Research Company | PRODUCT CODE: 1770075
PUBLISHER: The Business Research Company | PRODUCT CODE: 1770075
Semiconductor graphite is a high-purity, engineered form of graphite designed for use in the semiconductor industry. It offers excellent thermal and electrical conductivity, making it ideal for applications such as semiconductor device manufacturing, processing, and packaging.
The primary types of semiconductor graphite include naturally occurring graphite, artificial graphite, expandable graphite, and graphite nanofibers. Naturally occurring graphite is a crystalline carbon material found in metamorphic and igneous rocks, recognized for its stability, metallic sheen, and lubricative properties. Semiconductor graphite is used in a range of applications, including thermal management, battery electrodes, conductive coatings, lubricants, and semiconductor components. It is distributed through various channels such as direct sales, distributors, online retailers, and specialized dealers, and serves end-use industries including consumer electronics, automotive, aerospace and defense, energy storage, and semiconductor manufacturing.
The semiconductor graphite market research report is one of a series of new reports from The Business Research Company that provides semiconductor graphite market statistics, including the semiconductor graphite industry global market size, regional shares, competitors with the semiconductor graphite market share, detailed semiconductor graphite market segments, market trends, and opportunities, and any further data you may need to thrive in the semiconductor graphite industry. This semiconductor graphite market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The semiconductor graphite market size has grown strongly in recent years. It will grow from $1.67 billion in 2024 to $1.80 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. Growth in the historic period was driven by increasing demand for high-performance semiconductors, expanded use of graphite in chemical vapor deposition (CVD) and epitaxy processes, rising adoption of electric vehicles (EVs), greater utilization of graphite in silicon carbide (SiC) wafer production, and a growing need for effective thermal management solutions in electronic devices.
The semiconductor graphite market size is expected to see strong growth in the next few years. It will grow to $2.40 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. In the forecast period, growth is expected to be propelled by increased investments in 5G and advanced telecommunications infrastructure, the growing complexity of semiconductor manufacturing processes, rising production of compound semiconductors, expanded semiconductor fabrication capacity, and a stronger emphasis on sustainability and recyclability in semiconductor materials. Key trends anticipated include advancements in wafer processing technologies, greater integration of graphite components in SiC and GaN device fabrication, a shift toward 3D packaging and chip stacking, progress in plasma etching and high-temperature deposition systems, and innovations in synthetic and isostatic graphite materials.
The rising adoption of electric vehicles (EVs) is anticipated to drive the expansion of the semiconductor graphite market in the coming years. EVs are vehicles that run wholly or partly on electricity instead of conventional internal combustion engines powered by fossil fuels like petrol or diesel. This growing shift toward electric vehicles is largely influenced by heightened environmental awareness, as both consumers and governments aim to reduce greenhouse gas emissions and air pollution by transitioning away from fossil fuel-powered transportation. Semiconductor graphite plays a critical role in EVs by offering high-purity, thermally conductive, and structurally stable materials necessary for optimal battery function and effective thermal management. For example, according to the International Energy Agency, an intergovernmental organization based in France, nearly 14 million new electric cars were registered globally in 2023, raising the total number of electric cars on the road to 40 million. This figure represents an increase of 3.5 million units compared to 2022, equating to a notable 35% year-over-year growth. As a result, the expanding use of electric vehicles is contributing significantly to the growth of the semiconductor graphite market.
Key players in the semiconductor graphite market are prioritizing the development of high-purity synthetic graphite to support advanced electronics and electric vehicle technologies. This form of synthetic graphite, characterized by over 99.9% carbon content and very low impurities, improves thermal and electrical performance as well as structural stability in semiconductors and EV batteries, promoting efficient and dependable operation. For instance, in July 2023, Mersen, an advanced materials company based in France, inaugurated its extensively upgraded manufacturing facility in Columbia, Tennessee. This facility is focused on producing synthetic graphite and insulation felt, which are essential for electric vehicles, semiconductors, and solar energy systems. The project involved a $70 million renovation, with an additional $25 to $30 million investment planned within the same year, aiming to significantly enhance Mersen's production capabilities to accommodate the rising demand from global clean energy initiatives. The plant's current annual output includes 2,000 tons of isostatic graphite and 4,000 tons of extruded graphite, with plans to double isostatic graphite output to 4,000 tons by the end of 2024.
In July 2024, Mersen, a materials company headquartered in France, acquired Graphite Machining, Inc. for an undisclosed sum. This acquisition is intended to bolster Mersen's machining capabilities for isostatic and extruded graphite, as well as insulation materials, in the United States, thereby reinforcing its presence in core sectors such as aerospace, process industries, and energy. Graphite Machining, Inc. is a U.S.-based manufacturer specializing in semiconductor graphite.
Major players in the semiconductor graphite market are Resonac Holdings Corporation, Entegris Inc., Tokai Carbon Co. Ltd., Schunk Group, Mersen Group, SGL Carbon SE, Graphite India Limited, Toyo Tanso Co.Ltd., HEG Limited, Nippon Carbon Co. Ltd., Jiangxi Ningxin New Materials, Superior Graphite, Asbury Carbons Inc., Westwater Resources, Poco Graphite Inc., Sinosteel Corporation, SEC Carbon Ltd., Fangda Carbon New Material Co. Ltd., Pingdingshan Oriental Carbon, Pingdingshan Boxiang Carbon.
Asia Pacific was the largest region in the semiconductor graphite market in 2024. The regions covered in semiconductor graphite report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the semiconductor graphite market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The semiconductor graphite market consists of sales of clear graphite heaters, graphite crucibles, graphite susceptors and trays, graphite electrodes and graphite electrodes. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Semiconductor Graphite Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on semiconductor graphite market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for semiconductor graphite ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The semiconductor graphite market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.