United Kingdom Graphite Market Size, Share, and COVID-19 Impact Analysis, By Product (Synthetic, Natural), By Form (Flake Additives, Powder, Expandable Flakes, Pellets, and Film & Sheet), and United Kingdom Graphite Market Insights, Industry Trend, Forecasts to 2035.

United Kingdom Graphite Market Insights Forecasts to 2035

• The United Kingdom Graphite Market Size was estimated at USD 170.33 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 8.32% from 2025 to 2035
• The United Kingdom Graphite Market Size is Expected to Reach USD 410.21 Million by 2035

According to a research report published by Spherical Insights & Consulting, The United Kingdom Graphite Market Size is anticipated to reach USD 410.21 Million by 2035, growing at a CAGR of 8.32% from 2025 to 2035. The use of graphite in electrodes and refractories stimulates demand for the material. The market is growing primarily due to the increased use of electric arc furnaces (EAFs) brought about shift to green steel. In addition, graphite is used to make molds, ladles, and crucibles for pouring molten metal during the steelmaking process.

Market Overview

The United Kingdom graphite market refers to the industry focused on the production and application of a naturally occurring form of carbon known as graphite is an important industrial material with a variety of uses. It is mostly made up of hexagon-shaped lattices of carbon atoms. This is a lightweight, naturally soft element with both metallic and nonmetallic qualities, Graphite is perfect for a wide range of industrial uses. Among its metallic qualities are its strong electrical and thermal conductivity. The nonmetallic characteristics include inertia, strong resistance to temperature, corrosion, and chemicals. Graphite is typically defined in the context as a mineral or material that is mined and processed for its special attributes, including lubrication abilities and superior transmission. With a variety of sectors, notably metallurgy, electronics, automotive, aerospace, and energy, graphite is an essential component. This is used in electrodes, lubricants, refractories, and as a material for reinforcement in composites as well.

Report Coverage

This research report categorizes the market for the United Kingdom graphite market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom graphite market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom graphite market.

Driving Factors

The market for United Kingdom graphite is boosted by the rising automotive sector across the country, specifically for EVs, and its rising acceptance. A variety of uses in the automotive sector, including the manufacture of lithium-ion batteries and automobile parts, make it a vital material. Moreover, its good lubricating characteristics are frequently utilized in the production of lubricants for the automotive industry. Industry leaders embrace mergers and acquisitions as tactical instruments to improve their competitive edge, purchase valuable assets, or merge complementary businesses. Collaborative agreements and alliances with other industry leaders, startups, or research institutes are an increasingly common approach and exceed the market growth.

Restraining Factors

The concerns with graphite and its prior' costs and accessibility offer obstacles that may limit industry expansion.

Market Segmentation

The United Kingdom graphite market share is classified into product and form.

• The non-ferrous segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United Kingdom graphite market is segmented by product into synthetic and natural. Among these, the non-ferrous segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because of the growing demand for this mineral type in the refractory and automotive industries, which is anticipated to expand significantly. Moreover, companies that buy the most of this product form are the automobile and refractory sectors.

• The press-and-sinter segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United Kingdom graphite market is divided by form into flake additives, powder, expandable flakes, pellets, and film & sheet. Among these, the press-and-sinter segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because various industry demands, such as electronics, aerospace, and automotive industries, make extensive use of graphite sheets because of their lightweight, flexible, and heat-resistant qualities, which make them perfect for thermal management applications. Furthermore, the increasing use of graphite sheets in nanocomposite applications has aided in the growth of the segment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom graphite market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Coidan Graphite Products
• The UK Carbon & Graphite Co. Ltd.
• USG Gledco
• UK CG
• Others

Recent Developments:

• In October 2024, the UK government provided financial support to companies importing critical minerals like lithium, graphite, and cobalt. This initiative aimed to strengthen British industries and reduce reliance on China. Importers with long-term contracts with UK exporters gained access to UK Export Finance (UKEF), a state-backed body that typically supported British exporters and their buyers with financing and insurance.

• In July 2021, Ceylon Graphite established a United Kingdom subsidiary, named Ceylon Graphite Technologies LTD (CGT), to advance graphite and graphene applications. The subsidiary aimed to develop battery anode graphite for electric vehicles (EVs) and energy storage markets. CGT collaborated with UK-based research institutions, including Warwick Manufacturing Group (WMG) and Graphene Engineering Innovation Centre (GEIC), Manchester, to drive innovation.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom graphite market based on the below-mentioned segments:

United Kingdom Graphite Market, By Product

• Synthetic
• Natural

United Kingdom Graphite Market, By Form

• Flake Additives
• Powder
• Expandable Flakes
• Pellets
• Film & Sheet