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The global graphite electrode market size was valued at USD 3.83 billion in 2016 and is anticipated to grow on account of increasing steel production through electric arc furnace (EAF) route in developed as well as developing nations.
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Your CatalystTo a Lucrative Business Graphite Electrode Market Share, Size, Trend, Analysis, Industry Outlook and Forecast to 2024 | Hexa Research “The global Graphite Electrode Market size was valued at USD 3.83 billion in 2016 and is anticipated to grow on account of increasing steel production through electric arc furnace (EAF) route in developed as well as developing nations” The global Graphite Electrode Market is expected to reach USD 5.68 billion by 2024 and is expected to grow on account of its increasing use for production of steel. Asia Pacific emerged as the fastest growing market and is projected to continue dominating as a result of the presence of robust steel manufacturers. The usage of graphite electrode has increased due to rigorous competition in the steel industry. Rapid steel production and increasing spending on infrastructure in developing economies across the globe are expected to boost the demand for high-grade steel that is manufactured using electric arc furnaces (EAF). Adoption of advanced technology for steel production with the purpose of saving time and energy is expected to augment the demand for graphite electrodes. The demand for electric arc furnace is expected to grow significantly as it offers several advantages such as production flexibility and low CO2 emission. It also saves raw material and energy due to its efficiency. The segment is likely to grow at a 4.1% CAGR over the projected period. Browse Details of Report @ https://www.hexaresearch.com/research-report/graphite-electrode-market Follow Us:
Your CatalystTo a Lucrative Business Graphite electrodes offer excellent thermal resistance and high current carrying capacity which makes them a suitable choice in electric arc furnaces (EAF) steel, refinement of steel and similar smelting processes. Besides EAF and LF, graphite electrodes are also used for electrolytic aluminum smelting and electrical discharge machining (EDM). The development of these non-steel applications is also anticipated to provide an opportunity for market growth over the forecast period. Ultra-high power graphite electrode is expected to grow at the highest volume CAGR of 4.1% over the forecast period. Despite the high price of the product, the demand for these products is anticipated to be high in line with the rising demand for superior steel quality in various niche applications within the aerospace, automotive and electronics sectors. A specially prepared flux pitch used in graphite electrodes helps to increase the durability and density of the final product. Ultra-high bending resistance, low electrical resistivity, and high-temperature resistance properties will increase the demand for UHP graphite electrode over the forecast period. In compliance with the driving factors, companies are focusing on mergers & acquisitions and capacity upgrades to expand their presence in global market. For instance, in January 2014, Kaifeng Carbon Co., Ltd.’s completed its Phase II expansion and can produce 50,000 tons of UHP graphite electrodes. Hexa Research has segmented the global graphite electrode market based on product, application and region: Segmentation by Product, 2014 - 2024 (Kilo Tons) (USD Million) • Ultra-high power (UHP) • High power (HP) • Regular power (RP) Segmentation by Application, 2014 - 2024 (Kilo Tons) (USD Million) • Electric Arc Furnace (EAF) • Ladle Furnace (LF) & Others Segmentation by Region, 2014 - 2024 (Kilo Tons) (USD Million) • North America • Mexico • Europe • France • Asia Pacific Follow Us:
Your CatalystTo a Lucrative Business • China • Japan • India • Central & South America • Middle East & Africa Key players analyzed • Graphite India Limited • Beijing Great Wall Co., Ltd. • Nippon Carbon Co Ltd • GrafTech International • Ameri-Source Specialty Products • Tokai Carbon Co., Ltd • HEG Limited • KAIFENG CARBON CO., LTD • Schutzcarbon.com • NANTONG YANGZI CARBON CO., LTD Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/advanced- materials-industry Follow Us:
Your CatalystTo a Lucrative Business Table of Content of Graphite Electrode Market Chapter 1. Market Summary 1.1. Market trends & movement Chapter 2. Graphite Electrode Market Trends: Drivers & Opportunities 2.1. Introduction 2.2. Key industry trends 2.3. Market drivers 2.4. Market restraints 2.5. Value chain analysis 2.6. Porter's Five Forces analysis 2.7. SWOT Chapter 3. Graphite Electrode Market Trends, By Type 3.1. Global graphite electrode market movement, by product, 2016 & 2024 3.1.1. Ultra-high power (UHP) 3.1.1.1. Market estimates and forecast, 2014 - 2024 3.1.2. High power (HP) 3.1.2.1. Market estimates and forecast, 2014 - 2024 3.1.3. Regular power (RP) 3.1.3.1. Market estimates and forecast, 2014 - 2024 Chapter 4. Graphite Electrode Market Trends, By Application 4.1. Global graphite electrode market movement, by product, 2016 & 2024 4.1.1. Electric Arc Furnace (EAF) 4.1.1.1. Market estimates and forecast, 2014 - 2024 4.1.2. Ladle Furnace (LF) & Others 4.1.2.1. Market estimates and forecast, 2014 - 2024 Chapter 5. Graphite Electrode Market Trends, By Region 5.1. Global graphite electrode market movement, by region, 2016 & 2024 5.1.1. North America 5.1.1.1. Market estimates and forecast, 2014 - 2024 5.1.1.2. Market estimates and forecast, by product, 2014 - 2024 5.1.1.3. Market estimates and forecast, by application, 2014 - 2024 Follow Us:
Your CatalystTo a Lucrative Business 5.1.2. Europe 5.1.2.1. Market estimates and forecast, 2014 - 2024 5.1.2.2. Market estimates and forecast, by product, 2014 - 2024 5.1.2.3. Market estimates and forecast, by application, 2014 - 2024 5.1.3. Asia Pacific 5.1.3.1. Market estimates and forecast, 2014 - 2024 5.1.3.2. Market estimates and forecast, by product, 2014 - 2024 5.1.3.3. Market estimates and forecast, by application, 2014 - 2024 5.1.4. Central & South America 5.1.4.1. Market estimates and forecast, 2014 - 2024 5.1.4.2. Market estimates and forecast, by product, 2014 - 2024 5.1.4.3. Market estimates and forecast, by application, 2014 - 2024 5.1.5. Middle East & Africa 5.1.5.1. Market estimates and forecast, 2014 - 2024 5.1.5.2. Market estimates and forecast, by product, 2014 - 2024 5.1.5.3. Market estimates and forecast, by application, 2014 – 2024 Chapter 6. Key Country Markets 6.1. Mexico 6.1.1. Market estimates and forecast, 2014 - 2024 6.1.2. Market estimates and forecast, by product, 2014 - 2024 6.1.3. Market estimates and forecast, by application, 2014 - 2024 6.2. France 6.2.1. Market estimates and forecast, 2014 - 2024 6.2.2. Market estimates and forecast, by product, 2014 - 2024 6.2.3. Market estimates and forecast, by application, 2014 - 2024 6.3. China 6.3.1. Market estimates and forecast, 2014 - 2024 6.3.2. Market estimates and forecast, by product, 2014 - 2024 6.3.3. Market estimates and forecast, by application, 2014 - 2024 6.4. Japan 6.4.1. Market estimates and forecast, 2014 - 2024 6.4.2. Market estimates and forecast, by product, 2014 - 2024 6.4.3. Market estimates and forecast, by application, 2014 - 2024 6.5. India 6.5.1. Market estimates and forecast, 2014 - 2024 Follow Us:
Your CatalystTo a Lucrative Business 6.5.2. Market estimates and forecast, by product, 2014 - 2024 6.5.3. Market estimates and forecast, by application, 2014 – 2024 Chapter 7. Competitive Landscape 7.1. Competitive landscape analysis, 2016 7.2. Strategic framework 7.3. Potential customer base concentration 7.4. Company market positioning 7.5. Company profiles 7.5.1. Graphite India Limited 7.5.1.1. Company Overview 7.5.1.2. Product Benchmarking 7.5.1.3. Financial Performance 7.5.2. Beijing Great Wall Co., Ltd. 7.5.2.1. Company Overview 7.5.2.2. Product Benchmarking 7.5.3. Nippon Carbon Co Ltd. 7.5.3.1. Company Overview 7.5.3.2. Product Benchmarking 7.5.3.3. Financial Performance 7.5.4. GrafTech International 7.5.4.1. Company Overview 7.5.4.2. Product Benchmarking 7.5.4.3. Financial Performance 7.5.5. Ameri-Source Specialty Products 7.5.5.1. Company Overview 7.5.5.2. Product Benchmarking 7.5.6. Tokai Carbon Co., Ltd 7.5.6.1. Company Overview 7.5.6.2. Product Benchmarking 7.5.6.3. Financial Performance 7.5.6.4. Recent Initiatives 7.5.7. HEG Limited 7.5.7.1. Company Overview 7.5.7.2. Product Benchmarking 7.5.7.3. Financial Performance Follow Us:
Your CatalystTo a Lucrative Business 7.5.8. KAIFENG CARBON CO., LTD 7.5.8.1. Company Overview 7.5.8.2. Product Benchmarking 7.5.8.3. Recent Initiatives 7.5.9. Schutzcarbon.com 7.5.9.1. Company Overview 7.5.9.2. Product Benchmarking 7.5.10. NANTONG YANGZI CARBON CO., LTD 7.5.10.1. Company Overview 7.5.10.2. Product Benchmarking 7.5.11. List of other vendors Chapter 8. Methodology and Scope 8.1. Research methodology 8.2. Research Scope & Assumptions 8.3. List of data sources Follow Us:
Your CatalystTo a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Follow Us: