Graphite Electrodes Market 2021 Trend and Opportunities, PESTEL Analysis, CAGR and Value Chain Study to 2027

Graphite Electrodes Market is valued at 9426.90 USD Million in 2019?and expected to reach USD 12598.47 Million by 2024 with the CAGR of 4.23% over the forecast period.

Graphite Electrodes Market – Key highlights of the report

Product sales patterns

Profit returns amassed by each product segment

Consumption rate of all the products

Market share held by each product type

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Graphite Electrodes Market Growing demand for steel in construction, oil & gas, and automotive industries is expected to fuel the graphite electrode market, more than 50% of the steel produced globally was used in the building & infrastructure industry.

Graphite Electrodes report published by the AI Market Report & Consulting Pvt. Ltd. provides the detail information about graphite electrodes market from various aspects. This report includes drivers, restrains, opportunities which help the market to grow over the analysis period and recent trends which supports the growth of market. This report provides details analysis of regional segmentation with type and application.

Graphite electrodes are one of a kind of conductor and an essential component in the steelmaking process. In this process, iron scrap gets melted in an electric arc furnace and recycled. It is the graphite electrodes inside the furnace that actually melt the iron. Graphite shows high thermal conductivity and is very resistant to heat and impact. It possesses the low electrical resistance, means it can conduct the large electrical currents needed to melt iron. Graphite electrodes are mainly used in electric arc furnace (EAF) and ladle furnace (LF) for steel production, ferroalloy, silicon metal Graphite electrodes are used in electric arc furnace (EAF) and ladle furnace (LF) for steel production, ferroalloy production, silicon metal production and smelting processes

There are various factors driving the growth of the graphite electrodes one of the majors driving the growth of the market are growing demand of steel from developing country and different industries like construction, oil & gas, and automotive industries. In addition to this, China own requirement for graphite electrodes is expected to jump enormously. This is led by twin factors of closing units operating on inefficient steel-making technology having an adverse environmental impact and replacing it with units with electric arc furnace (EAF) technology. China closed induction and blast furnace units having around 155 Million Tons and 115 Million Tons capacities, respectively. At the same time, China has been installing and commenced construction for 105 new EAFs, with a capacity of 66 Million Tons. Graphite electrode ultra-high power (UHP) segment were widely used and accounting for more than 65% of the revenue share and are expected to show continues dominance during the forecast period 2021-2027.

Unstable raw material prices are expected to restrain the market growth of graphite electrodes due to adverse impact on supply as well as profit margins of manufacturers. Needle coke is prime raw material used for the manufacturing of graphite electrode. Needle coke has contribution of approximately 39% of the total cost of the finished graphite electrodes product. Fluctuation in the global crude oil price is expected to hamper the growth of needle coke market.

Global graphite electrodes market report covers prominent players like GrafTech U.S., Fangda Carbon China, SGL Carbon Germany, Showa Denko Japan, Graphite India, HEG India, Tokai Carbon Japan, Nippon Carbon Japan, SEC Carbon Japan and Others. GrafTech U.S., Fangda Carbon China and Graphite India collectively accounts 454,000 tones production Capacity.

Graphite Electrodes Market Segmentation

By Type

Regular Power (RP)

High Power (HP)

Ultra-high Power (UHP)

By Application

Steel and Nonferrous Metals

Fused Materials

Inverted

Chemical Processing

By Region

North America

U.S.

Canada

Europe

UK

France

Germany

Italy

Asia Pacific

China

Japan

India

Southeast Asia

Rest Of world

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Table of Content
1 Study Coverage
1.1 Graphite Electrodes Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Graphite Electrodes Market Size
2.1.1 Global Graphite Electrodes Revenue 2014-2025
2.1.2 Global Graphite Electrodes Production 2014-2025
2.2 Graphite Electrodes Growth Rate (CAGR) 2020-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Graphite Electrodes Manufacturers
2.3.2.1 Graphite Electrodes Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Graphite Electrodes Product Offered
2.3.2.3 Date of Manufacturers Enter into Graphite Electrodes Market
2.4 Key Trends for Graphite Electrodes Markets & Products

3 Market Size by Manufacturers
3.1 Graphite Electrodes Production by Manufacturers
3.1.1 Graphite Electrodes Production by Manufacturers
3.1.2 Graphite Electrodes Production Market Share by Manufacturers
3.2 Graphite Electrodes Revenue by Manufacturers
3.2.1 Graphite Electrodes Revenue by Manufacturers (2014-2020)
3.2.2 Graphite Electrodes Revenue Share by Manufacturers (2014-2020)
3.3 Graphite Electrodes Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans

4 Graphite Electrodes Production by Regions
4.1 Global Graphite Electrodes Production by Regions
4.1.1 Global Graphite Electrodes Production Market Share by Regions
4.1.2 Global Graphite Electrodes Revenue Market Share by Regions
4.2 North America
4.2.1 North America Graphite Electrodes Production
4.2.2 North America Graphite Electrodes Revenue
4.2.3 Key Players in North America
4.2.4 North America Graphite Electrodes Import & Export
4.3 Europe
4.3.1 Europe Graphite Electrodes Production
4.3.2 Europe Graphite Electrodes Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Graphite Electrodes Import & Export
4.4 China
4.4.1 China Graphite Electrodes Production
4.4.2 China Graphite Electrodes Revenue
4.4.3 Key Players in China
4.4.4 China Graphite Electrodes Import & Export
4.5 Japan
4.5.1 Japan Graphite Electrodes Production
4.5.2 Japan Graphite Electrodes Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Graphite Electrodes Import & Export

5 Graphite Electrodes Consumption by Regions
5.1 Global Graphite Electrodes Consumption by Regions
5.1.1 Global Graphite Electrodes Consumption by Regions
5.1.2 Global Graphite Electrodes Consumption Market Share by Regions
5.2 North America
5.2.1 North America Graphite Electrodes Consumption by Application
5.2.2 North America Graphite Electrodes Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Graphite Electrodes Consumption by Application
5.3.2 Europe Graphite Electrodes Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Graphite Electrodes Consumption by Application
5.4.2 Asia Pacific Graphite Electrodes Consumption by Regions
5.4.3 China
5.4.4 Japan
5.4.5 South Korea
5.4.6 India
5.4.7 Australia
5.4.8 Indonesia
5.4.9 Thailand
5.4.10 Malaysia
5.4.11 Philippines
5.4.12 Vietnam
5.5 Central & South America
5.5.1 Central & South America Graphite Electrodes Consumption by Application
5.5.2 Central & South America Graphite Electrodes Consumption by Country
5.5.3 Brazil
5.6 Middle East and Africa
5.6.1 Middle East and Africa Graphite Electrodes Consumption by Application
5.6.2 Middle East and Africa Graphite Electrodes Consumption by Countries
5.6.3 Turkey
5.6.4 GCC Countries
5.6.5 Egypt
5.6.6 South Africa

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