Global EDM Graphite Electrode Market Growth 2024-2030
Electrical Discharge Machining (EDM) is an electrothermal method based on the thermal effect of electric current. Its principle is to take advantage of the electrocorrosion phenomenon between the electrode and the workpiece during pulse spark discharge, to remove excess metal and meet the machining requirements of corresponding parts on size, shape, and surface quality.In electrical discharge machining, graphite materials have high strength, high temperature resistance, high electrical conductivity, high corrosion resistance, and excellent thermal shock resistance, and can be used for stable discharge machining. Therefore, they are widely used as electrode materials for manufacturing high-precision parts.
The global EDM Graphite Electrode market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “EDM Graphite Electrode Industry Forecast” looks at past sales and reviews total world EDM Graphite Electrode sales in 2023, providing a comprehensive analysis by region and market sector of projected EDM Graphite Electrode sales for 2024 through 2030. With EDM Graphite Electrode sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world EDM Graphite Electrode industry.
This Insight Report provides a comprehensive analysis of the global EDM Graphite Electrode landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on EDM Graphite Electrode portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global EDM Graphite Electrode market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for EDM Graphite Electrode and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global EDM Graphite Electrode.
United States market for EDM Graphite Electrode is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for EDM Graphite Electrode is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for EDM Graphite Electrode is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key EDM Graphite Electrode players cover Xuran New Materials Limited, Schunk Carbon Technology, HONG NAI DE, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of EDM Graphite Electrode market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Block
Rod
Mass
Segmentation by Application:
Semi Finishing
Finishing
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Xuran New Materials Limited
Schunk Carbon Technology
HONG NAI DE
Key Questions Addressed in this Report
What is the 10-year outlook for the global EDM Graphite Electrode market?
What factors are driving EDM Graphite Electrode market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do EDM Graphite Electrode market opportunities vary by end market size?
How does EDM Graphite Electrode break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.