Natural graphite is a mineral composed of pure carbon and is naturally occurring. It is widely used in various industries such as batteries, lubricants, refractories, and pencils. Synthetic graphite, on the other hand, is manufactured by heating carbon materials such as petroleum coke or coal tar pitch at high temperatures. It possesses similar properties to natural graphite but is typically purer and more reliable in quality.
The future outlook for the natural and synthetic graphite market is promising. The increasing demand for electric vehicles and the growing use of lithium-ion batteries, which rely heavily on graphite as a key component, are significant drivers for market growth. Additionally, the expanding steel and foundry industries, where graphite is used as a crucial additive, further contribute to the market’s growth potential.
Major Market Players
Tirupati Graphite, based in India, is a leading integrated graphite manufacturing company. With a vertically integrated business model, the company operates mining, processing, and production facilities.
Tirupati Graphite PLC (LON:TGR) is a fully integrated specialist graphite and graphene producer, with operations in Madagascar and India. The Company is delivering on this strategy by being fully integrated from mine to graphene. Its global multi-location operations include primary mining and processing in Madagascar, hi-tech graphite processing in India to produce specialty graphite, and a state-of-art graphene and technology R&D center to be established in India.
