Graphite Electrode Market, By Types (Regular Power (RP), High Power (HP), and Ultra High Power (UHP) Graphite Electrode), By Application (Aluminium Production, Silicon Metal Production, and Steel Production), and By Geography (NA, EU, APAC, LATAM and MEA) Analysis, Share, Trends, Size, & Forecast From 2020 2026
Report Code: AV594
Industry: Semiconductor and Electronics
Publiced On: 2020-03-01
Pages: 180
Format:
REPORT HIGHLIGHT
Graphite electrode market was valued at USD XX billion by 2019, growing with XX% CAGR during the forecast period, 2020-2026
Market Dynamics
Graphite electrode (GE) is an essential component for the production of steel, ferroalloy, silicon metal used in the electric arc furnace (EAF) process, for melting scrap. Electrodes used in the EAF process are made of graphite due to its characteristic to tolerate high temperatures. The graphite electrodes generally made up of petroleum coke, are available in varying diameters for various high-temperature and high-intensity applications. Further, these electrodes find application in steel refining and smelting processes. The rising adoption of EAF-based steel production is expected to ensure steady growth in the graphite electrode market during the forecast period. This is due to the rising inclination of developed economies towards adopting environmentally friendly technologies such as EAF. This will imprint a considerable growth trend on the demand for graphite electrodes.
Increment in the average cost of needle coke has hindered the supply of the UHP graphite electrode to some extent. However, the production of iron and steel is rising in emerging countries which is estimated to create new growth opportunities for the market. For instance, in China, the rising availability of steel scrap is increasing the usage of electric arc furnaces which is likely to surge the market demand.
COVID-19 Impact
Following the coronavirus outbreak, the global metal and alloys manufacturing sector are exposed to increased drawback risks for the next three quarters due to supply chain disruption. This is, in turn, will impact the graphite electrode market growth. As per the various insights released by industry experts, post lockdown ends, the steel companies are expected majorly focus on exports of their produce until domestic demand for steel picks-up. It is predicted that the domestic demand will be normalized gradually with segments like infrastructure, packaging, and special steel for automotive. Several manufacturers across the Asia Pacific are restricting their steel manufacturing in the midst of weakening demand. Further, in Europe, steel production is being limited, which is now one of the worst affected regions by COVID-19.
Types Takeaway
Based on the types, the market is segmented into regular power (RP), high power (HP), and ultra-high power (UHP) graphite electrode. The regular power graphite electrode is used for regular power electric arc furnaces for the purpose of smelting scrap steel, silicon, and yellow phosphorus. High power graphite electrodes find application in high power electric arc furnaces having a current density range of around 18–25 A/cm2.
Recently, the demand for electrodes with larger diameter has increased as EAF furnace sizes also increased. A UHP graphite electrode can function in DC and AC electric furnaces both, having more thermal and electrical conductivity than other product types. It is capable of melting steel scrap to quickly manufacture steel. Thus, it is highly preferred by manufacturers and its demand is also projected to grow during the forecast period.
Application Takeaway
Depending upon the application, the industry is segmented into the following categories i.e. aluminum production, silicon metal production, and steel production. At present, the application of graphite electrodes for manufacturing steel is dominating the graphite electrode market. The steel application segment is likely to maintain its dominance during the forecast period. This can be attributed to the continuous increase in the production of EAF steel globally using graphite electrodes.
Regional Takeaway
By geography, the Asia Pacific held a major share in the global market. China accounts for the largest share in terms of consumption and production capacity of graphite electrodes worldwide. Supportive government initiatives are causing a shift in the trend of steel production from primitive hazardous methods to the EAF method.
In developed economies including North America and Europe, expanding the residential construction industry and growing production of motor vehicles is estimated to support the domestic demand for iron, non-ferrous alloy, and steel. This factor is likely to propel growth opportunities in these regions.
Key Vendor Takeaway
Some of the key players operating in the global market are Jilin Carbon Co. Ltd, SHOWA DENKO K.K., Fangda Carbon New Material Technology Co. Ltd, SEC CARBON LIMITED, Tokai Carbon Co. Ltd, GrafTech International, Nantong Yangzi Carbon Co. Ltd, Graphite India Limited, and EPM Group. Most of the leading global players have planned capacity expansion in the next five years so as to meet the surging demand for graphite electrodes in the coming five years.
In 2018, GrafTech International completed a rigorous project of producing 35,000 metric tons of graphite electrode on a yearly project, thereby expanding its graphite electrode production capacity by around 20%. Further slope up of this expansion is also under process, the company has planned that by the end of 2019, the production capacity of graphite electrodes to reach around 200,000 metric tons.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2015 to 2018
- Base Year – 2019
- Estimated Year – 2020
- Projected Year – 2026
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GRAPHITE ELECTRODE MARKET KEY PLAYERS
- Jilin Carbon Co. Ltd
- SHOWA DENKO K.K.
- Fangda Carbon New Material Technology Co. Ltd
- SEC CARBON LIMITED
- Tokai Carbon Co. Ltd
- GrafTech International
- Nantong Yangzi Carbon Co. Ltd
- Graphite india Limited
- EPM Group
GRAPHITE ELECTRODE MARKET, BY TYPES
- Regular power (RP) graphite electrode
- High power (HP) graphite electrode
- Ultra high power (UHP) graphite electrode
GRAPHITE ELECTRODE MARKET, BY APPLICATION
- Silicon Metal Production
- Steel Production
- Aluminium Production
GRAPHITE ELECTRODE MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. GRAPHITE ELECTRODE MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Types
2.1.2. Market Snippet by Application
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. GRAPHITE ELECTRODE KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. GRAPHITE ELECTRODE INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
4.5. COVID-19 Impact Analysis
4.5.1. Pre-COVID-19 Impact Analysis
4.5.2. Post-COVID-19 Impact Analysis
5. GRAPHITE ELECTRODE MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key Manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. GRAPHITE ELECTRODE MARKET – BY TYPES
6.1. Overview
6.1.1. Segment Share Analysis, By Types, 2019 & 2026 (%)
6.2. Regular Power (RP) Graphite Electrode
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
6.3. High Power (HP) Graphite Electrode
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
6.4. Ultra High Power (UHP) Graphite Electrode
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
7. GRAPHITE ELECTRODE MARKET – BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2019 & 2026 (%)
7.2. Aluminum Production
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
7.3. Silicon Metal Production
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
7.4. Steel Production
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8. GRAPHITE ELECTRODE MARKET– BY GEOGRAPHY
8.1. Introduction
8.1.1. Segment Share Analysis, By Region, 2019 & 2026 (%)
8.2. North America
8.2.1. Overview
8.2.2. Key Manufacturers in North America
8.2.3. North America Market Size and Forecast, By Country, 2015 – 2026 (US$ Million)
8.2.4. North America Market Size and Forecast, By Types, 2015 – 2026 (US$ Million)
8.2.5. North America Market Size and Forecast, By Application, 2015 – 2026 (US$ Million)
8.2.6. The U.S.
8.2.6.1. Overview
8.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.2.7. Canada
8.2.7.1. Overview
8.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Key Manufacturers in Europe
8.3.3. Europe Market Size and Forecast, By Country, 2015 – 2026 (US$ Million)
8.3.4. Europe Market Size and Forecast, By Types, 2015 – 2026 (US$ Million)
8.3.5. Europe Market Size and Forecast, By Application, 2015 – 2026 (US$ Million)
8.3.6. Germany
8.3.6.1. Overview
8.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.3.7. Italy
8.3.7.1. Overview
8.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.3.8. United Kingdom
8.3.8.1. Overview
8.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.3.9. France
8.3.9.1. Overview
8.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.3.10. Rest of Europe
8.3.10.1. Overview
8.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Key Manufacturers in Asia Pacific
8.4.3. Asia Pacific Market Size and Forecast, By Country, 2015 – 2026 (US$ Million)
8.4.4. Asia Pacific Market Size and Forecast, By Types, 2015 – 2026 (US$ Million)
8.4.5. Asia Pacific Market Size and Forecast, By Application, 2015 – 2026 (US$ Million)
8.4.6. India
8.4.6.1. Overview
8.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.4.7. China
8.4.7.1. Overview
8.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.4.8. Japan
8.4.8.1. Overview
8.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.4.9. South Korea
8.4.9.1. Overview
8.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.4.10. Rest of APAC
8.4.10.1. Overview
8.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.5. Latin America
8.5.1. Overview
8.5.2. Key Manufacturers in Latin America
8.5.3. Latin America Market Size and Forecast, By Country, 2015 – 2026 (US$ Million)
8.5.4. Latin America Market Size and Forecast, By Types, 2015 – 2026 (US$ Million)
8.5.5. Latin America Market Size and Forecast, By Application, 2015 – 2026 (US$ Million)
8.5.6. Brazil
8.5.6.1. Overview
8.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.5.7. Mexico
8.5.7.1. Overview
8.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.5.8. Argentina
8.5.8.1. Overview
8.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.5.9. Rest of LATAM
8.5.9.1. Overview
8.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.6. Middle East and Africa
8.6.1. Overview
8.6.2. Key Manufacturers in Middle East and Africa
8.6.3. Middle East and Africa Market Size and Forecast, By Country, 2015 – 2026 (US$ Million)
8.6.4. Middle East and Africa Market Size and Forecast, By Types, 2015 – 2026 (US$ Million)
8.6.5. Middle East and Africa Market Size and Forecast, By Application, 2015 – 2026 (US$ Million)
8.6.6. Saudi Arabia
8.6.6.1. Overview
8.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
8.6.7. United Arab Emirates
8.6.7.1. Overview
8.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2015 – 2026, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. Jilin Carbon Co. Ltd
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. SHOWA DENKO K.K.
9.3. Fangda Carbon New Material Technology Co. Ltd
9.4. SEC CARBON LIMITED
9.5. Tokai Carbon Co. Ltd
9.6. GrafTech International
9.7. Nantong Yangzi Carbon Co. Ltd
9.8. Graphite india Limited
9.9. EPM Group
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. References
11.3. Abbreviations
11.4. Disclaimer
11.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Graphite Electrode Market: Types Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Types
TABLE Global Graphite Electrode Market, by Types 2015-2026 (USD Million)
TABLE Graphite Electrode Market: Application Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Graphite Electrode Market, by Application 2015-2026 (USD Million)
TABLE Graphite Electrode Market: Regional Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Graphite Electrode Market, by Region 2015-2026 (USD Million)
TABLE North America Graphite Electrode Market, by Country, 2015-2026 (USD Million)
TABLE North America Graphite Electrode Market, by Types, 2015-2026 (USD Million)
TABLE North America Graphite Electrode Market, by Application, 2015-2026 (USD Million)
TABLE Europe Graphite Electrode Market, by Country, 2015-2026 (USD Million)
TABLE Europe Graphite Electrode Market, by Types, 2015-2026 (USD Million)
TABLE Europe Graphite Electrode Market, by Application, 2015-2026 (USD Million)
TABLE Asia Pacific Graphite Electrode Market, by Country, 2015-2026 (USD Million)
TABLE Asia Pacific Graphite Electrode Market, by Types, 2015-2026 (USD Million)
TABLE Asia Pacific Graphite Electrode Market, by Application, 2015-2026 (USD Million)
TABLE Latin America Graphite Electrode Market, by Country, 2015-2026 (USD Million)
TABLE Latin America Graphite Electrode Market, by Types, 2015-2026 (USD Million)
TABLE Latin America Graphite Electrode Market, by Application, 2015-2026 (USD Million)
TABLE Middle East and Africa Graphite Electrode Market, by Country, 2015-2026 (USD Million)
TABLE Middle East and Africa Graphite Electrode Market, by Types, 2015-2026 (USD Million)
TABLE Middle East and Africa Graphite Electrode Market, by Application, 2015-2026 (USD Million)
List of Figures
FIGURE Graphite Electrode Market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE COVID-19 Impact Analysis
FIGURE Pre & Post COVID-19 Impact Comparision Study
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Types segment market share analysis, 2019 & 2026
FIGURE Types segment market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Regular power (RP) graphite electrode market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE High power (HP) graphite electrode market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Ultra high power (UHP) graphite electrode market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Application segment market share analysis, 2019 & 2026
FIGURE Application segment market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Silicon Metal Production market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Aluminium Production market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Steel Production market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Regional segment market share analysis, 2019 & 2026
FIGURE Regional segment market size forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE North America Graphite Electrode Market share and leading players, 2018
FIGURE Europe Graphite Electrode Market share and leading players, 2018
FIGURE Asia Pacific Graphite Electrode Market share and leading players, 2018
FIGURE Latin America Graphite Electrode Market share and leading players, 2018
FIGURE Middle East and Africa Graphite Electrode Market share and leading players, 2018
FIGURE North America Graphite Electrode market share analysis by country, 2018
FIGURE U.S. Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Canada Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Europe Graphite Electrode market share analysis by country, 2018
FIGURE Germany Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Spain Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Italy Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE UK Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE FranceGraphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Rest of the Europe Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Asia Pacific Graphite Electrode market share analysis by country, 2018
FIGURE India Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE China Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Japan Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE South Korea Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Singapore Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Rest of APACGraphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Latin America Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Latin America Graphite Electrode market share analysis by country, 2018
FIGURE BrazilGraphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Mexico Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Argentina Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Rest of LATAM Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Middle East and Africa Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE Middle East and Africa Graphite Electrode market share analysis by country, 2018
FIGURE Saudi Arabia Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
FIGURE United Arab Emirates Graphite Electrode market size, forecast and trend analysis, 2015 to 2026 (USD Million)
