The flake graphite market is diverse as it is an essential and irreplaceable material in many industries.
Many parts of the world are net importers of flake graphite like India, USA, Europe and Japan. The EU and USA have classified the material as a critical resource.
Due to our experience in the industry, Tirupati has a strong reliable reputation and relationship with an international network of customers and partners with extensive market reach. Further, as seen on the map, Madagascar is very well placed on the globe to serve all these markets.
The flake graphite demand is experiencing high growth in various industries. The expandable graphite market is growing at 7% CAGR between 2017 - 2022 and the global battery market at a 32% CAGR between 2017 - 2022 (Source: Fast Markets Report). The market size is projected to increase many folds by 2030:
The following chart classifies applications and industries according to the required flake size and projected growth rates: