What Is The Exact Market Value Of Graphite Electrodes?
The "Global Graphite Electrodes Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the graphite electrodes market with detailed market segmentation by type, application, distribution channel, and geography. The global graphite electrodes market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading graphite electrodes market players and offers key trends and opportunities in the market.
Graphite electrode (GE) is an
essential component of steel production through the electric arc furnace (EAF)
method. After five years of downcycle, the demand for graphite electrode
started emerging in 2016 with the increased production of steel through the EAF
method. The penetration of EAF-based steel production is expected to be stable
in the foreseen future, because of high awareness of the developed economies
towards environmentally friendly technologies.
The graphite electrodes market has witnessed a significant
growth owing to factors such as wider application in an electric arc furnace,
ladle furnace, and others. Rising production of iron and steel in emerging
countries, rising availability of steel scrap in China, thereby increasing the
usage of electric arc furnaces are expected to drive the demand for the market
during the forecast period. However, Soaring prices of needle coke resulting in
supply tightness may hamper the growth of the graphite electrodes market.
Nevertheless, the rising production of steel through electric arc furnace
technology in China is expected to act as an opportunity for the market in the
future.
The global graphite electrodes market is segmented on the
basis of type, and application. On the basis of form, the graphite electrodes
market is segmented into high power, ultra high power, and regular power. The
graphite electrodes market on the basis of the application is classified into
electric arc furnace, ladle furnace, and others.
Top Manufacturers
- EPM Group
- GrafTech International
- Graphite India Limited
- HEG Limited
- Jilin Carbon Co. Ltd
- Kaifeng Carbon Co., Ltd
- Nantong Yangzi Carbon Co.
Ltd
- Nippon Carbon Co. Ltd
- SANGRAF International Inc.
- Showa Denko K.K.
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