Graphite Electrodes Market Grow at a CAGR of 4% During 2019-2024 - IMARC Group

1. Global Graphite Electrodes Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Graphite Electrodes Market Overview: According to the latest graphite electrodes market report by IMARC Group, titled “Graphite Electrodes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global graphite electrodes market size is experiencing steady growth. Graphite electrodes are cylindrical structures that are usually made up of premium petroleum needle coke, coal tar pitch and additives. They are characterized by low electrical resistance, excellent mechanical strength, thermal expansion, thermal shock resistance and machinability. Since they can withstand high temperatures, they are utilized in the steelmaking process to transfer electrical energy from the power source to the steel melt in the electric arc furnace (EAF) bath. These electrodes are also employed in ladle furnace (LF) for the production of steel, ferroalloy, and silicon metal and the smelting process. Global Graphite Electrodes Industry Trends: The escalating demand for high-quality steel is currently driving the growth of the market. An increase in the need for graphite electrodes from the steel-oriented sectors, including automotive, construction and defense, has bolstered their sales across the globe. Apart from this, there has been a shift from the basic oxygen furnaces (BOF) to EAFs, owing to their lower installation costs and environmental impact.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 In line with this, the manufacturers are investing in research and development (R&D) activities to improve the efficiency and conductivity of these electrodes. On account of these factors, the global graphite electrodes market is expected to grow at a CAGR of 4% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/graphite-electrodes- market/requestsample

5. Report Description and Highlights Report Description Furthermore, the rising demand for anti-corrosive products from the oil and gas sector for oil wells and pipelines is creating a positive outlook for the market. This trend is, in turn, providing a stimulus to the market as these electrodes form an indispensable component of EAFs. Market Segmentation by Product Type • • • Ultra-high Power (UHP) High Power (HP) Regular Power (RP) Based on the product type, the market has been divided into Ultra-High Power (UHP), High Power (HP) and Regular Power (RP) electrodes. For more information, click here: https://www.imarcgroup.com/graphite-electrodes-market Market Segmentation by Application • • Electric Arc Furnace Ladle Furnace

6. Report Description and Highlights Report Description • Non-Steel Application On the basis of the application, the market has been categorized into electric arc furnace, ladle furnace and non-steel applications. Market Segmentation by Region • • • • • Asia Pacific Europe North America Middle East and Africa Latin America On the geographical front, the market has been segregated into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Competitive Landscape:

7. Report Description and Highlights Report Description The competitive landscape of the market has also been examined with some of the key players. • • • • • • • • • • • • Energoprom Group Fanda Carbon New Material Co. LTD Graftech International HEG Limited Nantong Yangzi Carbon Co. Ltd Graphite India SHOWA DENKO Beijing Great Wall Co., Ltd Nippon Carbon Co Ltd Ameri-Source Specialty Products Tokai Carbon Co., Ltd Schutzcarbon Browse Related Report Cement Market Report: https://www.imarcgroup.com/cement-manufacturing-plant

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9. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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