Graphite Market Outlook (2021–2031): Driving Demand in EVs, Batteries, and Beyond Get a sample PDF of the report – https://www.businessmarketinsights.com/sample/BMIRE00031109?utm_source=Blog&utm_medium=10640 The Graphite Market size is expected to reach US$ 39,698.2 million by 2031 from US$ 17,718.40 million in 2024. The market is estimated to record a CAGR of 12.4% from 2025 to 2031. Get Full Report: https://www.businessmarketinsights.com/reports/graphite-market Executive Summary and Global Market Analysis: The global graphite market is experiencing significant growth, driven by rising demand across various industries, including batteries, steel production, electronics, and automotive. As a key material in lithium-ion batteries, graphite is vital to the growing electric vehicle market, propelling its demand further. China dominates the global supply, with other major players such as India, Brazil, and Canada contributing to production. The market is also influenced by the push for sustainable energy solutions, which require high-quality graphite for energy storage applications. Technological advancements in mining, processing, and recycling methods are shaping the future of the industry. However, environmental concerns and supply chain disruptions pose challenges to the market’s stability. Additionally, the shift toward synthetic graphite, which offers high performance, is reshaping market dynamics.

Plastics in North American EV Battery Housings – Forecast 2027 Get a sample PDF of the report: https://www.businessmarketinsights.com/sample/TIPRE00017235?utm_source=Blog&utm_medium=10640 The plastic for electric vehicle market in North America is expected to grow from US$ 213.50 million in 2019 to US$ 904.89 million by 2027; it is estimated to grow at a CAGR of 20.0% from 2020 to 2027. Get Full Report: https://www.businessmarketinsights.com/reports/north-america-plastics-for-electric-vehicle-market Bio-based plastics encompass a wide array of materials, including mass-market polymers such as Polyethylene Terephthalate (PET), bio-based Polyethylene (PE), performance-grade polymers, and thermoplastic co-polyester elastomers (TPC-ET). As the automotive industry increasingly emphasizes reducing CO₂ emissions, the adoption of bio-plastics over recycled plastics is gaining traction—particularly in non-visible vehicle components. This shift is helping reduce overall vehicle weight, thereby improving efficiency and sustainability. Many automakers and suppliers around the world have recognized the environmental and cost benefits of incorporating sustainable plastic materials in electric vehicle (EV) production. Bio-based polyesters and polyamides are being used more frequently, with the aim of lowering the environmental footprint of vehicles. For example, the Kia Soul EV uses bio-plastics for various interior components, including carpets, door latches, and seat trims, opting for these materials instead of traditional recycled plastics. Similarly, major automotive companies such as Toyota, BMW, and Nissan are also embracing bio-plastics to align with the broader shift toward green technologies. This trend is significantly contributing to the expansion of the plastics for electric vehicles market.