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  Market Scope The  Graphite Market   is projected to be worth USD  30.56 Billion  by  2030 , registering a CAGR of  9.35%  during the forecast period (2021 - 2030), The market was valued at USD  16 billion  in  2021 . Top Boosters and Challenges Graphite’s excellent characteristics, such as high thermal and electrical conductivity, along with high electron mobility and permeability have boosted its application scope across industries. Graphite is used extensively in clutch materials, gaskets, exhaust systems, cylinder heads and motors of automobiles. Its demand in the construction industry is also anticipated to rise significantly over the coming years. The escalating steel production across the world could also work in the graphite market’s favor, while the mounting aircraft production as well as sales can bolster the demand for graphite that are lightweight. Another key application of graphite is in the production of nuclear mode...