Global Graphite Electrode Rod Market Growth 2023-2029

Global Graphite Electrode Rod Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Graphite Electrode Rod Industry Forecast” looks at past sales and reviews total world Graphite Electrode Rod sales in 2022, providing a comprehensive analysis by region and market sector of projected Graphite Electrode Rod sales for 2023 through 2029. With Graphite Electrode Rod sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Graphite Electrode Rod industry.
This Insight Report provides a comprehensive analysis of the global Graphite Electrode Rod 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 Graphite Electrode Rod portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Graphite Electrode Rod market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Graphite Electrode Rod 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 Graphite Electrode Rod.
The global Graphite Electrode Rod market size is projected to grow from US$ 5984.7 million in 2022 to US$ 8849.5 million in 2029; it is expected to grow at a CAGR of 8849.5 from 2023 to 2029.
Global core graphite electrode rod manufacturers include Showa Denko K.K, FANGDA CARBON, GrafTech etc.The top 5 companies hold a share about 58%.Asia-Pacific is the largest market, with a share about 48%, followed by Europe and North America with the share about 24% and 13%.In terms of product, ultra high power (UHP) graphite electrodes is the largest segment, with a share over 78%. And in terms of application, the largest application is electric arc furnace steel.
This report presents a comprehensive overview, market shares, and growth opportunities of Graphite Electrode Rod market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Regular Power (RP) Graphite Electrodes
High Power (HP) Graphite Electrodes
Ultra High Power (UHP) Graphite Electrodes
Segmentation by application
Electric ARC Furnace Steel
Others (Phosphorus, Silicon, etc)
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.
Showa Denko K.K
FANGDA CARBON
GrafTech
Graphite India Limited (GIL)
HEG Limited
Tokai Carbon
Jilin Carbon
Yangzi Carbon
Kaifeng Carbon Co., Ltd
SEC
Nippon Carbon
Energoprom Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Graphite Electrode Rod market?
What factors are driving Graphite Electrode Rod market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Graphite Electrode Rod market opportunities vary by end market size?
How does Graphite Electrode Rod 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.