Global UHP Graphite Electrode Market Growth 2025-2031

Global UHP Graphite Electrode Market Growth 2025-2031

The global UHP Graphite Electrode market size is predicted to grow from US$ 6627 million in 2025 to US$ 7588 million in 2031; it is expected to grow at a CAGR of 2.3% from 2025 to 2031.

UHP graphite electrode is made of high-grade needle coke and treated with Lengthwise Graphitization (LWG). The graphitization temperature can be up to 2800 °C – 3000 °C. Finished products have lower electrical resistance & linear expansion, good thermal shock resistance and allow a larger current density.

Global UHP Graphite Electrode key players include Showa Denko K.K, FANGDA CARBON, GrafTech, Graphite India Limited (GIL), Tokai Carbon, etc. Global top five manufacturers hold a share over 65%.

Asia-Pacific is the largest market, with a share above 50%, followed by Europe, and North America, both have a share nearly 40 percent.

In terms of product, 500mm-700mm is the largest segment, with a share nearly 40%. And in terms of application, the largest application is Electric Arc Furnace Steel.

LP Information, Inc. (LPI) ' newest research report, the “UHP Graphite Electrode Industry Forecast” looks at past sales and reviews total world UHP Graphite Electrode sales in 2024, providing a comprehensive analysis by region and market sector of projected UHP Graphite Electrode sales for 2025 through 2031. With UHP Graphite Electrode sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world UHP Graphite Electrode industry.

This Insight Report provides a comprehensive analysis of the global UHP 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 UHP Graphite Electrode portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global UHP Graphite Electrode market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for UHP 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 UHP Graphite Electrode.

This report presents a comprehensive overview, market shares, and growth opportunities of UHP Graphite Electrode market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
100mm-350mm
351mm-500mm
500mm-700mm
700mm-800mm

Segmentation by Application:
Electric Arc Furnace Steel
Other (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 analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global UHP Graphite Electrode market?

What factors are driving UHP Graphite Electrode market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do UHP Graphite Electrode market opportunities vary by end market size?

How does UHP Graphite Electrode break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.