Global Graphite Electrodes Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Graphite Electrodes Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030


Graphite electrode are used mainly in electric arc furnace steel production. They are presently the only products available that have both high levels of electrical conductivity and the capability of sustaining the extreme heat generated in this demanding environment.

According to our (Global Info Research) latest study, the global Graphite Electrodes market size was valued at US$ 6351 million in 2023 and is forecast to a readjusted size of USD 8015 million by 2030 with a CAGR of 3.4% during review period.

Global graphite electrode key players include GrafTech International, Showa Denko K.K, Tokai Carbon, Fangda Carbon New Material, Graphite India Limited (GIL), etc. Global top 2 manufacturers hold a share about 35%. Asia-Pacific is the largest market, with a share about 48%, followed by Europe and North America. In terms of product, ultra high power (UHP) graphite electrodes is the largest segment, with a share over 77%. And in terms of application, the largest application is electric arc furnace steel.

This report is a detailed and comprehensive analysis for global Graphite Electrodes market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Graphite Electrodes market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Graphite Electrodes market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Graphite Electrodes market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Graphite Electrodes market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Graphite Electrodes

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Graphite Electrodes market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Showa Denko K.K, Fangda Carbon New Material, GrafTech International, Graphite India Limited (GIL), HEG Limited, Tokai Carbon, SEC Carbon, Ltd, Energoprom Group, Jilin Carbon, Kaifeng Carbon, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Graphite Electrodes market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Regular Power Graphite Electrodes
High Power Graphite Electrodes
Ultra High Power (UHP) Graphite Electrodes

Market segment by Application
Electric Arc Furnace Steel
Other (Phosphorus, Silicon, etc.)

Major players covered
Showa Denko K.K
Fangda Carbon New Material
GrafTech International
Graphite India Limited (GIL)
HEG Limited
Tokai Carbon
SEC Carbon, Ltd
Energoprom Group
Jilin Carbon
Kaifeng Carbon
Nantong Yangzi Carbon

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Graphite Electrodes product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Graphite Electrodes, with price, sales quantity, revenue, and global market share of Graphite Electrodes from 2019 to 2024.

Chapter 3, the Graphite Electrodes competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Graphite Electrodes breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Graphite Electrodes market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Graphite Electrodes.

Chapter 14 and 15, to describe Graphite Electrodes sales channel, distributors, customers, research findings and conclusion.


1 Market Overview
2 Manufacturers Profiles
3 Competitive Environment: Graphite Electrodes by Manufacturer
4 Consumption Analysis by Region
5 Market Segment by Type
6 Market Segment by Application
7 North America
8 Europe
9 Asia-Pacific
10 South America
11 Middle East & Africa
12 Market Dynamics
13 Raw Material and Industry Chain
14 Shipments by Distribution Channel
15 Research Findings and Conclusion
16 Appendix

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