Global Carbon Electrode Paste Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Carbon Electrode Paste is a self-baking electrode used in submerged arc furnaces. Electrode Paste is essentially a mix of Electrically Calcined Anthracite (ECA) or Calcined Petroleum Coke (CPC) with Coal Tar Pitch.
Market Overview:The latest research study on the global Carbon Electrode Paste market finds that the global Carbon Electrode Paste market reached a value of USD 592.75 million in 2022. It’s expected that the market will achieve USD 671.47 million by 2028, exhibiting a CAGR of 2.1% during the forecast period.
LimitationsNowadays, the global governments are controlling domestic pollution to different extent. Many highly polluting industries and enterprises are forced to stop production. Manufacturing Carbon Electrode Paste will also have pollutants flowing out during production. Government regulation is a kind of hindrance to Carbon Electrode Paste production enterprises.
Region Overview:From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:Lanzhou Yangguang Carbon Corp is one of the major players operating in the Carbon Electrode Paste market, holding a share of 49.94% in 2019.
Lanzhou Yangguang Carbon Corp., which contains Lanzhou Yangguang Carbon Co., LTD., Wuhai Yangguang Carbon Co., ltd., Xinjiang Yangguang Carbon Co., ltd., is the largest corporation of china. Specializing in the production of energy-saving self-baking electrode (electrode paste), using in various ore-smelting electric furnace. All of the production lines are under PLC computer automation control.
Elkem ASA manufactures and sells metals and materials in Norway and internationally. Its products include silicones, ferrosilicones, foundry alloys, carbon materials, and microsilica products. The company also engages in sale of electric power, as well as supplies heat in the form of steam and hot water. Its products are used in chemical applications, as well as construction, refractory, and oilfield industries.
Segmentation Overview:Among different product types, Cylindrical Type segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Ferro Alloy segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Carbon Electrode Paste market covered in Chapter 3:Henan Rongxing Carbon Products
Ukrainskiy Grafit
Aluminum Rheinfelden GmbH
Yangguang Carbon
Orient Carbon Industry
Carbone Savoie
Shanxi Danyuan Carbon
Pioneer Carbon
VUM
Eastem Electrodes & Coke
Elkem
Dakang Fine Chemical
Carbon Resources
Lianyungang Jinli Carbon
India Carbon Ltd
Graphite India Limited
In Chapter 4 and Chapter 14.2, on the basis of types, the Carbon Electrode Paste market from 2018 to 2029 is primarily split into:Briquette Type
Trapezium Type
Cylindrical Type
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Carbon Electrode Paste market from 2018 to 2029 covers:Ferro Alloy
Calcium Carbide
Metal Cleaning Process
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)