The Global Graphite Electrode Market is accounted for $4,431.49 million in 2020 and is expected to reach $8,511.14 million by 2028 growing at a CAGR of 8.5% during the forecast period. Factors such as rising demand from steel-oriented sectors and increasing requirement of anti-corrosive products are driving the growth of the market. However, high price of raw materials is hampering the growth of the market. Some of the key players profiled in the Graphite Electrode Market include Nippon Carbon Co. Ltd, Graphite India Limited, EPM Group, SEC Carbon Limited, GrafTech International, Fangda Carbon New Material Technology Co. Ltd, SANGRAF International Inc., Tokai Carbon Co. Ltd, Kaifeng Pingmei New Carbon Material Technology Co. Ltd, Jilin Carbon Co. Ltd, HEG Limited, SHOWA DENKO K.K., and Nantong Yangzi Carbon Co. Ltd.
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Electrode Grades Covered:• Regular Power (RP)• High Power (HP)• Ultra High Power (UHP)• Super High Power (SHP)
Raw Materials Covered:• Pitch Coke• Petroleum Coke• Needle Coke• Coal Pitch
Applications Covered:• Electric Arc Furnace (Ore Smelting Electric Arc Furnace)• Basic Oxygen Furnace• Ladle Furnace• Resistance Furnace• Aluminum Production• Silicon Metal• Steel and Nonferrous Metals• Charging Practice• Burner/Oxygen Usage• Slag Practice• Fume Control System• Fused Materials• Chemical Processing
Sales Channels Covered:• Direct Channel• Distribution Channel
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