"Global Graphite Electrode Market anticipated to witness USD 16.48 Billion by with the healthy compound annual growth rate CAGR of 8.78% from USD 9.13 Billion in .
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Steady increase in steel production through the EAF method, rise in industrialization with modern infrastructures with Supply crunch owing to the limited production capacity of needle coke and graphite electrode with no substitute of graphite electrode in EAF steel production are the important factors that drives the growth of Global Graphite Electrode Market. In , the demand for graphite electrode started emerging with the increased production of steel through the EAF method. Asia-Pacific region dominates the market share globally. According to the latest situation reports, the US, India, Spain, Italy, France, Germany, the UK, Russia, Turkey, Brazil, Iran, and China are among the worst affected countries due to COVID-19 pandemic. Through the Industry 4.0 initiatives, Europe has significantly upgraded its industrial solutions accordingly. The graphite electrode market witness high consolidation with only a particular and selected number of players dominating the graphite electrode market. In , the ultra-high powersegment recognised as the largest share of the global graphite electrode market according to product type. Considering the consumption and production capacity of graphite electrodes worldwide, china occupies the largest share.
GrafTech International Ltd. is a manufacturing company of graphite electrodes and petroleum coke. These products are essential for the production of electric arc furnace steel and other metals. The company is founded in ; 134 years ago. Headquartered in Brooklyn Heights, Ohio with having manufacturing facilities in Calais, France, Pamplona, Spain, Monterrey, Mexico, and St. Marys, Pennsylvania. The company specialists in Graphite Electrodes and Needle Coke. The Company has a dynamic as well as competitive portfolio of cost-efficient graphite electrode manufacturing facilities.
News - GRAFTECH ANNOUNCED THIRD QUARTER EARNINGS CONFERENCE CALL AND THROUGH WEBCAST.
SGL Carbon SE is a European company manufacturering the products from carbon. Founded in . Headquartered in Wiesbaden, Germany. It is one of the world's leading company. The company specialists in Development partner for innovative carbon and graphite based products and solutions, Carbon fibers and composites, Lightweight solutions for automotive, wind energy and aerospace applications, Graphite specialties technologies, Solar, LED, and Semiconductor.
Graphite, is a crystalline form of the element carbon with its atoms arranged in a specific hexagonal structure. The company incorporated in . The company owns subsidiaries namely Graphite International BV and Carbon International Holdings NV. main products are Specialty Carbon and Graphite, Impervious Graphite Equipments, Calcined Petroleum Coke & Carbon Electrode Paste, Glass Reinforced Plastic Pipes, High Speed Steel & Alloy Tool Steels.
HEG Limited is engaged in manufacturing of graphite electrodes. These are electrodes, which are used by manufacturers of steel.
Tokai Carbon is a Japanese company which is a developer and stockist of graphite material for use in nuclear power, particularly electrical discharge machining electrode, high temperature, and mechanical applications. The company was founded in April 8, in Tokya, Japan. Headquartered in Aoyama Building, Minato-ku, Tokyo 107-, Japan.
News- Heavy Rainfall in Kyushu Leads to Flooding and Fire at Tokai Carbon&#;s Tanoura Plant.
Showa Denko is a Japanese chemical company producing chemical products and industrial materials. Founded in June 1, ; 81 years ago. Headquartered in Tokyo, Japan. Petrochemicals (olefins, organic chemicals, plastic products), aluminum (aluminum cans, sheets, ingots, foils), electronics (semiconductors, ceramic materials, hard disk drive platters), chemicals (industrial gases, ammonia, agrochemicals), and inorganic materials (ceramics, graphite electrodes) are the five business sectors.The company specialists in Chemicals, Petrochemicals, Inorganics, Aluminum, Electronics, and Advanced Battery Materials.
News- Announcement regarding merger between consolidated subsidiaries and change of the company name.
Key Objectives of Graphite Electrodes Market Report:
&#; Study of the annual revenues and market developments of the major Companies that supply Graphite Electrodes
&#; Analysis of the demand for Graphite Electrodes by component
&#; Assessment of future trends and growth of architecture in the Graphite Electrodes market
&#; Assessment of the Graphite Electrodes market with respect to the type of application
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&#; Study of the market trends in various regions and countries, by component, of the Graphite Electrodes market
&#; Study of contracts and developments related to the Graphite Electrodes market by key players across different regions
&#; Finalization of overall market sizes by triangulating the supply-side data, which includes product developments, supply chain, and annual revenues of companies supplying Graphite Electrodes across the globe.
Graphite electrodes are large cylindrical size mainly made up from needle coke. Graphite electrodes are mainly used for steel manufacturing process in electric arc furnaces (EAF). The use of graphite electrodes is not limited to steel manufacturing process but is also widely used in steel refining and smelting processes.
"Global Graphite Electrode Market is valued at USD 9.13 Billion in and expected to reach USD 16.48 Billion by with the CAGR of 8.78% over the forecast period"
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. 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
Asia-pacific is Expected to continue its dominance for the graphite electrodes market
Asia-pacific is accounting more than 70% of market share due to huge contribution from China and India for the consumption and production of graphite electrodes. The Asia Pacific is estimated to expand at a rapid pace due to increase in EAF-based steel production. China has major contribution due to its Ministry of Industry and Information Technology; Ministry is a promoting and encouraging for capacity expansions for electric arc furnaces due to reduce environmental impact on country.
China&#;s growing long-term scrap availability along with EAF production outlook is fueling the growth for graphite electrodes market.
Brandessence Market Research has announced the Top 5 Graphite Electrodes Companies In .
GrafTech International established in and headquartered in Brooklyn Heights, Ohio. Specialties in Graphite Electrodes and Needle Coke. GrafTech International has 1,387 employee and revenue of $1 Billion.
SGL Carbon established in and headquartered in Wiesbaden, Hessen. Specialties in Carbon fibers and composites, Lightweight solutions for automotive, wind energy and aerospace applications, Graphite specialties technologies, Solar, LED, and Semiconductor, Development partner for innovative carbon and graphite-based products and solutions. SGL Carbon has Employees and have revenue of $1 Billion.
Showa Denko America established in and headquartered in New York, New York. Specialties in Chemicals, Petrochemicals, Inorganics, Aluminum, Electronics, and Advanced Battery Materials. Showa Denko America has and have revenue of $ 9 billion.
Nippon Kornmeyer Carbon Group established in and headquartered in Windhagen, Rheinland-Pfalz. Specialties in High temperature & furnace construction, industrial heat treatment, raw & container glass, metal casting, quartz glass production & processing, optical fibers, polysilicon, semiconductor technology, photovoltaics, technical ceramics, and development & consulting. Nippon Kornmeyer Carbon Group has 614 employees and have revenue of $ 435 Million.
Jilin Carbon is a mining & metals company established in and headquartered in JILIN, JLN Specialties in Carbon products Marketing. Jilin Carbon has revenue of $1 Million.
Key Benefits for Global Graphite Electrodes Market Reports &#;
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
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