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Synthetic graphite is an artificial graphite extracted from the refining of hydrocarbon materials and are produced at ultra-high temperatures. They possess high strength-to-weight capability, high heat tolerance, strength, and rigidity. Owing to the growing demand for lithium-ion batteries from the electric vehicle industry and the expanding steel industries, the global synthetic graphite market is anticipated to record a notable CAGR of 4% over the forecast period, i.e., 2023-2035.
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