The 2024 Graphite Market Outlook analyzes the sector’s current landscape and prospects. This report details the employment trends, investment patterns, company performance, and technological advancement impacting the industry. With growth observed across various metrics, the graphite industry continues to grow into a pivotal sector in global markets.
This Graphite Market Report serves as a reference for stakeholders within the industry, investors, policymakers, and economic analysts, providing a snapshot of the industry’s health to map its trajectory for innovation and growth in the coming years.
StartUs Insights Graphite Market Outlook 2024
- Executive Summary
- Introduction to the Graphite Report 2024
- What data is used in this Graphite Outlook?
- Snapshot of the Global Graphite Industry
- Funding Landscape in the Graphite Industry
- Who is Investing in Graphite Solutions?
- Emerging Trends in the Graphite Industry
- 5 Innovative Graphite Startups
Executive Summary: Graphite Market Report 2024
This report is created using data obtained from the Big Data and AI-powered StartUs Insights Discovery Platform, covering more than 4.7 million global companies, as well as 20K+ technologies and emerging trends. We also analyzed a sample of 250+ graphite startups developing innovative solutions to present five examples from emerging graphite industry trends.
- Industry Growth Overview: The graphite industry encompasses over 5330 companies. The sector experienced significant growth, with an annual increase of 17.19%.
- Manpower & Employment Growth: The industry employs over 421700 individuals globally. Last year, the industry saw an employee growth of 18100+ new workers.
- Patents & Grants: The sector registered for more than 177070+ patents and secured over 360 grants to support extensive research and development.
- Global Footprint: The top five country hubs are the USA, UK, India, China, and Germany. Leading city hubs include Perth, London, Mumbai, Vancouver, and New York City.
- Investment Landscape: The average investment value in this industry stands at USD 16 million per round. The closure of over 720 funding rounds involved more than 270 investors.
- Top Investors: The combined investment by top investors exceeds USD 103 million. These include Eurazeo, Flora Growth, Viceroy Ventures, and more.
- Startup Ecosystem: The top startup features include Green Graphite Technologies (battery-grade graphite production), T-Phite (graphitic hard carbon), Encircle Energy (algae-based pure carbon), Graphjet Technology (palm kernel shells-based graphite), and Lithium Salvage (waste li-ion batteries recycling).
- Recommendations for Stakeholders: Investors should focus on innovation in sustainable graphite extraction and processing. Exploring niche markets within the graphite industry, such as high-performance composites and new battery technologies will drive entrepreneurship. With this, governments should also implement policies that support sustainable mining practices and prioritize environmental conservation.
Explore the Data-driven Graphite Outlook for 2024
The Graphite Industry Outlook 2024 uses data from the Discovery Platform and encapsulates the key metrics that underline the sector’s dynamic growth and innovation. The industry witnesses growth, with over 5330 companies in the database, including 299 innovative startups. Last year, the industry grew by 17.19% and demonstrated an expanding market. About 177070+ patents have been filed to highlight the sector’s focus on innovation and intellectual property. Additionally, the industry secured 360+ grants, further supporting research and development efforts.
The global manpower stands at 421700, with an employee growth of over 18100 in the last year. This reflects the industry’s dynamic workforce. The top five country hubs for this industry are the USA, UK, India, China, and Germany, while the leading city hubs are Perth, London, Mumbai, Vancouver, and New York City. These hubs are central to the industry’s operations and continue to drive global advancement and innovation.
What data is used to create this Graphite report?
Based on the data provided by our Discovery Platform, we observe that the graphite industry ranks among the top 5% in the following categories relative to all 20K topics in our database. These categories provide a comprehensive overview of the industry’s key metrics and inform the short-term future direction of the industry.
- News Coverage & Publications: The sector received extensive news coverage and publications, with more than 5760 publications in the last year.
- Funding Rounds: The industry closed more than 720 funding rounds and showcased its strong financial backing.
- Manpower: The industry employs more than 421700 workers, with over 18100 new employees added last year.
- Patents: Over 177070 technologies registered for patents in the sector.
- Grants: The industry secured over 360 grants, further supporting research and development efforts.
- Yearly Global Search Growth: Yearly global search growth for the graphite industry is 12.03%.
- and more. Reach out to us to explore all data points used to create this graphite report.
A Snapshot of the Global Graphite Industry
The industry showcases growth across several key metrics. It employs over 421700 individuals globally and reflects its scale and impact. In the past year alone, the industry experienced employee growth, adding over 18100 new workers to its workforce. This increase in employment underscores the industry’s expanding opportunities and its role in job creation.
With more than 5330 companies operating within this sector, the industry demonstrates a competitive market environment. The diversity and number of companies indicate an ecosystem that fosters innovation and collaboration.
Explore the Funding Landscape of the Graphite Industry
The average investment value per funding round stands at USD 16 million and highlights the financial support the industry receives. This industry attracted a wide range of investors, with over 270 investors participating in funding rounds.
To date, the sector closed more than 720 funding rounds and emphasized the consistent and growing interest from the investment community. More than 250 companies within the industry secured investments to showcase their belief in the sector’s potential and future growth prospects.
Who is Investing in Graphite Solutions?
The combined investment value of the top investors in the industry exceeds USD 103 million. Here is the list of these leading investors along with the amount they have committed and the number of companies they have backed:
- BDC Capital’s Climate Tech contributed USD 4 million to 2 companies.
- Eurazeo allocated USD 56 million to 2 companies.
- Alumina Partners provided USD 4 million to 2 companies.
- Flora Growth invested USD 30 million in at least 1 company.
- Viceroy Ventures devoted USD 9 million to at least 1 company.
- and more. Get in touch with us to explore all investment data in the graphite industry.
These investments highlight the confidence and financial support the top investors have in the industry’s potential. The funding from these investors plays a crucial role in driving innovation, growth, and development within the sector.
Access Top Graphite Innovations & Trends with the Discovery Platform
The Synthetic Graphite trend is experiencing growth, with 77 companies currently identified within this niche. It employs over 5200 individuals and added 406 new employees last year. This expansion is reflected in its annual trend growth rate of 64.83%.
The Silicon Anodes trend comprises 92 companies and employs a total of 5100 workers. About 447 new employees joined in the past year. The annual trend growth rate for this segment stands at 18.52% and indicates a steady increase in activity.
Nanomaterials are represented by 4296 companies operating in this space. The sector employs a workforce of 146400 individuals and added 13500 new employees in the last year. The large number of employees is reflected in the annual trend growth rate of 2.19%.
5 Top Examples from 250+ Innovative Graphite Startups
The five innovative startups showcased below are picked based on data including the trend they operate within and their relevance, founding year, funding status, and more. Get in touch to find promising startups, emerging trends, or industry data specific to your company’s needs and objectives.
Green Graphite Technologies produces Battery-grade Graphite
Canadian startup Green Graphite Technologies produces battery-grade graphite from natural flake graphite, recycled lithium-ion batteries (LiBs), and production scrap. Its GraphPure technology removes impurities from natural flake graphite sustainably and cost-effectively to achieve high purity levels. The GraphRenew technology purifies graphite from secondary sources and makes it suitable for lithium-ion battery applications. The startup’s proprietary processes include in-situ reagent regeneration and minimize environmental impact.
T-Phite provides Graphitic Hard Carbon
Chile-based startup T-Phite develops sustainable battery solutions by converting carbon black from recycled tires into graphitic hard carbon. The process begins with the recycling of tires in pyrolysis plants to generate recovered carbon black. This carbon black is converted into graphitic hard carbon for lithium-ion batteries through proprietary technology as anodes. These batteries support electric vehicles and lower the carbon footprint. Moreover, it maximizes the value of existing materials and minimizes waste.
Encircle Energy makes Algae-based Pure Carbon
US-based startup Encircle Energy uses carbon reconciliation technology to convert captured carbon for algae cultivation and pure graphite production. This creates a sustainable carbon cycle and enhances carbon capture efficiency while eliminating the need for storage and reducing operational costs. Utilizing alginate polymers, the system integrates CO2 directly into algae bioreactors for optimal assimilation. The technology converts contaminants into pure graphite to support the renewable energy market. Moreover, this approach purifies fossil fuels and reintroduces vital gasses into the atmosphere.
Graphjet Technology uses Palm Kernel Shells-based Graphite
Malaysian startup Graphjet Technology produces sustainable low-cost graphene, graphite, and graphene-based anode materials. The startup’s technology recycles palm kernel shells to create single-layer graphene and artificial graphite. The proprietary process provides consistency over petroleum coke and coal-based solutions. This technology contributes to industrial and environmental sustainability.
Lithium Salvage enables Li-ion Battery Recycling
UK-based startup Lithium Salvage recycles lithium-ion batteries with its sorting and shredding technology. Its process involves single-stage shredding, separating plastics from materials like graphite. Additional cleaning steps purify the black mass and transform it into a non-hazardous material. Its chemical separation techniques extract commercially important metals, including graphite, for resale. This method ensures a low-impact, environmentally sustainable approach to battery recycling and enhances high-purity metal recovery.
Gain Comprehensive Insights into Graphite Trends, Startups, or Technologies
The 2024 Graphite Industry Report emphasizes the sector’s growth and potential. While the graphite sector faces challenges such as environmental concerns and high cost of production, innovations in recycling and sustainable extraction methods address these issues. The insights showcased in this report highlight the importance of strategic planning and investment to harness the potential of the graphite industry. Get in touch to explore all 250+ startups and scaleups, as well as all industry trends impacting graphite companies.
