Expanded Graphite Sheets segmentation by application reveals four primary clusters that together account for the total market volume. Thermal management dominates with an estimated 45 % share, driven by the material’s high thermal conductivity and lightweight profile, which are critical in electronics cooling, battery packs, and HVAC components. Sealing & gaskets follow at roughly 30 %, where the compressibility and chemical resistance of expanded graphite enable reliable leak‑proof interfaces in automotive, aerospace, and industrial valve assemblies. Electrical insulation contributes about 15 %, leveraging the sheet’s dielectric strength for transformer cores, high‑voltage busbars, and EMI shielding. The residual 10 % comprises other applications such as fire‑retardant panels, acoustic dampening, and oil‑spill sorbents. These proportions are reflected in the accompanying pie‑chart, illustrating how each application segment underpins the overall market size and informs strategic allocation of R&D resources. Geographically, the thermal‑management segment is propelled by the rapid expansion of electric‑vehicle battery packs in Asia‑Pacific, while sealing applications are concentrated in Europe’s automotive safety standards. Consequently, investment patterns mirror these demand vectors, reinforcing the hierarchical weight of each segment within the market taxonomy.