Global Electrode Paste Market Growth 2023-2029
Electrode Paste also known as Soderberg Electrode Paste made from mix of fractions of Calcined Petroleum Coke (CPC) or Electrically Calcined Anthracite Coal (ECA coal) mixed with Coal Tar Pitch as Binder and Anthracene Oil at a predetermined temperature. It is used as conductor in sub merged arc furnace under self-Baking process while manufacturing different types of Ferro Alloys and Calcium Carbides.
LPI (LP Information)' newest research report, the “Electrode Paste Industry Forecast” looks at past sales and reviews total world Electrode Paste sales in 2022, providing a comprehensive analysis by region and market sector of projected Electrode Paste sales for 2023 through 2029. With Electrode Paste sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electrode Paste industry.
This Insight Report provides a comprehensive analysis of the global Electrode Paste 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 Electrode Paste portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electrode Paste market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electrode Paste 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 Electrode Paste.
The global Electrode Paste market size is projected to grow from US$ 889.7 million in 2022 to US$ 1064.4 million in 2029; it is expected to grow at a CAGR of 1064.4 from 2023 to 2029.
Global Electrode Paste key players include Yangguang Carbon, Elkem, Rongxing Group, Energoprom Group, Tokai COBEX, etc. Global top five manufacturers hold a share about 65%. China is the largest market, with a share about 55%, followed by Europe, with a share about 15 percent. In terms of product, Standard Type (Normal Type) is the largest segment, with a share about 60%. And in terms of application, the largest application is Ferro Alloy, followed by Calcium Carbide, Metal Cleaning Process, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Electrode Paste market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Obturation Type (Sealed Type)
Standard Type (Normal Type)
Others
Segmentation by application
Ferro Alloy
Calcium Carbide
Metal Cleaning Process
Others
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 analyzing the company's coverage, product portfolio, its market penetration.
Yangguang Carbon
Elkem
Rongxing Group
Energoprom Group
Tokai COBEX
Ukrainskiy Grafit
Rheinfelden Carbon
Graphite India
India Carbon
Redox
Eastem Electrodes & Coke
Dakang Fine Chemical
GongYi Sanjing
Hisea Energy
Ningxia TLH
Carbon Resources
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electrode Paste market?
What factors are driving Electrode Paste market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electrode Paste market opportunities vary by end market size?
How does Electrode Paste break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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