Increasing graphite consumption in batteries (80% of the graphite used in batteries is consumed by lithium-ion batteries) is one of the major factor driving the growth in the global graphite market. Advancement in manufacturing goods shipment, increasing metallurgy and steelmaking activity along with rise in new technological advanced applications are the trends identified in the global graphite market. Push from the government towards go green side is also helping in increasing the degree of awareness among the end users. However, fluctuation in prices are the major setback for global graphite market.
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