According to the latest market research report released by PW Consulting, the global battery-grade graphite market scale reached 22.82 billion US dollars in the first half of 2026, a year-on-year increase of 32.7% compared with 17.19 billion US dollars in 2024. It is predicted that the market scale will continue to grow steadily in the next few years, and will break through 64.18 billion US dollars by 2032, with a long-term compound annual growth rate maintained at more than 15%, becoming the core growth track of the global graphite industry.
Battery-grade graphite is divided into synthetic graphite and natural flake graphite, which are the core anode materials for new energy vehicle power batteries and large-scale energy storage batteries. In recent years, with the continuous improvement of global new energy vehicle penetration rate and the rapid expansion of wind and solar energy storage installed capacity, the market demand for high-performance battery-grade graphite has continued to surge. Among them, synthetic graphite has become the mainstream product in the high-end power battery market due to its excellent fast charging performance, cycle stability and batch consistency, and the market share continues to increase.
In terms of global demand structure, new energy vehicles account for 68% of the total demand for battery-grade graphite, and large-scale energy storage systems account for 22% of the demand. Consumer electronic batteries and other fields account for the remaining 10%. With the global dual-carbon goal advancing and the continuous policy support for the new energy industry in various countries, the demand for power batteries and energy storage batteries will continue to grow, driving the sustained prosperity of the battery-grade graphite market.
In terms of market competition, the global battery-grade graphite market presents a differentiated competition pattern. Low-end natural graphite products are faced with homogeneous competition and price pressure, while high-end synthetic graphite anode materials and supporting thermal field graphite components are in short supply, with high market profit margins. Chinese enterprises occupy more than 80% of the global battery-grade graphite deep-processing market share, with absolute technical and scale advantages.
Industry analysts pointed out that the future battery-grade graphite market will show two major development trends: first, high-performance and long-life iteration, battery enterprises put forward higher requirements for the cycle life and fast charging performance of graphite anode materials, driving the upgrading of high-purity and high-density graphite products; second, green and low-carbon development, global battery supply chain green certification is becoming more and more strict, and graphite products with low carbon emission and green production will become the mainstream of the market.
Huixian Jincheng Abrasive & Graphite Mold Factory focuses on the supporting high-end graphite component market in the new energy battery industry, avoiding the homogeneous competition of low-end graphite anode materials, and focusing on the R&D and production of high-performance graphite thermal field components for battery silicon wafer and electrode production. Different from ordinary battery graphite material manufacturers, the company's products are core auxiliary consumables for battery high-temperature production equipment, with high technical threshold and strong market stability.
Aiming at the high-temperature and long-cycle production characteristics of new energy battery materials, Jincheng Graphite optimizes the density and anti-oxidation performance of battery supporting graphite components. Through multi-cycle vacuum impregnation and high-temperature purification treatment, the company's products have excellent anti-silicon vapor erosion and thermal fatigue resistance, which can adapt to long-term uninterrupted high-temperature production of battery materials, and the service life is 45% longer than that of ordinary industry products, helping new energy battery enterprises reduce equipment maintenance costs and improve production efficiency.
In response to the green development trend of the new energy battery industry, all of Jincheng Graphite's battery supporting graphite products adopt full-process green processing technology, with low carbon emission and no pollutant discharge in the production process, fully meeting the green supply chain certification requirements of global new energy head enterprises. At present, the company's new energy graphite supporting products are exported to many new energy manufacturing bases in the world, providing stable and high-quality core component support for the production of global power batteries and energy storage batteries.
With the continuous expansion of the global new energy market, the demand for high-performance supporting graphite components will continue to grow. Jincheng Graphite will continue to optimize product performance, upgrade green processing technology, and provide more high-quality and cost-effective graphite supporting solutions for the global new energy battery industry.
