Graphite Crucible Market is Anticipated to Witness High Growth

Graphite crucibles are used in metallurgy and chemical industries for melting metals and performing research experiments at high temperatures due to their high thermal shock resistance and chemical inertness. They finds application in melting nonferrous metals, semiconductors, glass, and other materials. The growing semiconductor industry is driving the consumption of graphite crucibles for crystal growth applications.

The global graphite crucible market is estimated to be valued at US$ 1.24 Mn in 2024 and is expected to exhibit a CAGR of 9.4% over the forecast period 2024 to 2031.