Graphite Electrodes Global Strategic Business Report 2024, Featuring Profiles of 30+ Players Including GrafTech International, Graphite India and Tokai Carbon Co.

Graphite Electrodes Global Strategic Business Report 2024, Featuring Profiles of 30+ Players Including GrafTech International, Graphite India and Tokai Carbon Co.

by

Company Logo

Company Logo

Graphite Electrodes Market

Graphite Electrodes Market

Graphite Electrodes Market

Dublin, March 28, 2024 (GLOBE NEWSWIRE) — The “Graphite Electrodes – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Graphite Electrodes estimated at US$12.3 Billion in the year 2023, is projected to reach a revised size of US$18.2 Billion by 2030, growing at a CAGR of 5% over the analysis period 2023-2030.

Ultra-High Power Graphite Electrodes, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach US$12.7 Billion by the end of the analysis period. Growth in the High Power Graphite Electrodes segment is estimated at 4.5% CAGR for the next 8-year period.

The Graphite Electrodes market in the U.S. is estimated at US$1.8 Billion in the year 2023. China, the world’s second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2030 trailing a CAGR of 5.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 3.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

Key Market Trends & Drivers:

  • Iron & Steel Production Patterns Influence the Market Demand

  • Steel Scrap Availability: Another Major Influencing Factor

  • Graphite Electrode: Primary Input for Electric Arc Furnace Steel Making

  • EAFs Remain Primary Consumer of Graphite Electrodes

  • Increased Demand for High-Quality Steel

  • Prominent Role of Automotive Industry in Market Growth

  • Increasing Use of Graphite in Lithium-Ion Batteries

  • Supply Bottlenecks & Skyrocketing Prices of Graphite Electrodes

  • High Demand & Limited Inventory: Factors Behind Price Rally

  • Easing of Graphite Electrode Prices in Sight

  • Industry-Wide Applications of Carbon Products

The report features profiles of 30+ featured companies. A selection of companies in the report includes:

Key Attributes:

Report Attribute

Details

No. of Pages

295

Forecast Period

2023 – 2030

Estimated Market Value (USD) in 2023

$12.3 Billion

Forecasted Market Value (USD) by 2030

$18.2 Billion

Compound Annual Growth Rate

5.8%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Global Graphite Electrodes Market to Grow at Decent Pace despite Challenges

  • Trends in EAF Steel Production: A Key Factor Dictating Demand for Graphite Electrodes

  • Production Cost of Graphite electrodes – Percentage Breakdown of Cost by Component

  • Ultra-High Power Graphite Electrode Witnesses High Demand

  • World Graphite Electrodes Market by Electrode Type (2020 & 2027): Percentage Breakdown of Sales for Ultra-High Power, High Power, and Regular Power

  • Steel Manufacturing Application Dominates Graphite Electrodes Market

  • World Graphite Electrodes Market by Application (2020 & 2027): Percentage Breakdown of Sales for Steel, Silicon Metal, and Other Applications

  • Led by China, Asia-Pacific Holds Dominant Position in Graphite Electrodes Market

  • World Graphite Electrodes Market by Region (2020 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions

  • Global Graphite Electrodes Market – Geographic Regions Ranked by Value CAGR for 2020-2027

  • Competitive Scenario

  • Recent Market Activity

  • Graphite Electrodes – Global Key Competitors Percentage Market Share in 2023 (E)

  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Global Production of Crude Steel (2019): Percentage Breakdown by Method of Production

  • Steel Production by Manufacturing Process in Select Countries (2019)

  • World Automobile Production in Million Units: 2008-2022

  • Carbon and Graphite: Product Overview

  • Carbon

  • Graphite

    • Features, Sources and Classification of Graphite

    • Graphite Products

    • Graphite Electrodes

    • Standard Properties of Graphite Electrodes (Room Temperature Values)

    • Grades of Graphite Electrodes

    • Graphite Electrodes: Production Process

    • Applications of Graphite Electrodes

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • United States

  • Canada

  • Japan

  • China

  • Europe

  • France

  • Germany

  • Italy

  • United Kingdom

  • Spain

  • Russia

  • Rest of Europe

  • Asia-Pacific

  • Australia

  • India

  • South Korea

  • Rest of Asia-Pacific

  • Latin America

  • Argentina

  • Brazil

  • Mexico

  • Rest of Latin America

  • Middle East

  • Iran

  • Israel

  • Saudi Arabia

  • United Arab Emirates

  • Rest of Middle East

  • Africa

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/o96pp3

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

Source link

credite