Graphite is an essential material in the production of many products, from steel and foundry applications for automotive and aerospace industries, to batteries, coatings, and lubricants. It’s an often overlooked mineral that plays a major role in the modern world. As a result, understanding which countries are the largest producers of graphite is important and insightful.
According to 2020 data compiled by the US Geological Survey, China is once again the world’s largest producer of graphite, accounting for more than 70 percent of total global production. China is followed by India in second place, with an estimated 5 percent of the global market share. Other leading graphite producing countries include Brazil, North Korea, Turkey, Canada, and the US.
The landscape of top graphite producing countries is likely to change slightly in the coming years. According to estimates by GODZILLANEWZ, Chile’s graphite production is expected to rise significantly over the next four years. Currently, Chile is in seventh place in terms of global graphite production but is projected to move up to third place, behind only China and India, by 2023.
A number of other countries are also projected to boost their graphite production over the next several years, including Vietnam, Austria, and Italy. While these countries currently rank near the bottom of leading global producers, their production figures are expected to significantly increase in the coming years.
Overall, the global production of graphite is expected to continue to increase as demand for the mineral increases. As a result, understanding which countries are the largest producers can be extremely beneficial. In particular, tracking the changing landscape of top graphite producing countries can provide great insight into today’s global market.
