Graphite Electrodes Market Worth USD 12.15 Billion By 2023 With Major Players: Graphite India Ltd, Tokai Carbon, GrafTech, Nantong Yangzi Carbon Co, Nippon Carbon Co Ltd, Showa Denko, SEC CARBON, HEG Ltd, Nantong Yangzi Carbon and Kaifeng Carbon Co.

This study provides insights about the Graphite Electrodes Market in regards to its uses and benefits. We at Crystal Market Research (CMR) provide updated information that is beneficial in decision making regarding business investments.

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Industry Outlook and Trend Analysis:
The Graphite Electrodes Market was worth USD 9.23 billion in 2014 and is expected to reach approximately USD 12.15 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 3.10% during the forecast period. Graphite cathodes are huge cylindrical structures composed of needle coke (petroleum coke). These electrodes are accessible in large or small measurements for applications involving high-temperature and high-force. Graphite electrodes are mostly used for the production of steel in electric circular arc furnaces. They are used as a part of steel refining and purifying procedures. The key usage of graphite electrodes is in producing non-ferrous metals and steel. Characteristics, for example, low electrical conductivity, high resistance to heat, protection from thermal shock, and low chemical reactivity are foreseen to boost the interest for graphite chemical.

Major Key Players:
The leading players in the market are Graphite India Ltd, Tokai Carbon, GrafTech, Nantong Yangzi Carbon Co, Nippon Carbon Co Ltd, Showa Denko, SEC CARBON, HEG Ltd, Nantong Yangzi Carbon and Kaifeng Carbon Co. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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Market Segmentation:
The Graphite Electrodes Market is segmented on the basis of product and application. Based on product the market is segmented into High Power (HP), Regular Power (RP), Ultra-high Power (UHP) out of which the ultra-high power segment represented the major share of the market in 2017. It is anticipated to continue its dominance over the forecast period. By Application the market is segmented into Fused Materials, Inverted, Chemical Processing, Steel and Nonferrous Metals out of which the Steel & non-ferrous metal and fused materials were the main application segments in 2017 and are anticipated to dominate market during the forecast period.

Regional Outlook and Trend Analysis:
Asia Pacific is the main region of the graphite electrodes market. Europe and North America hold major shares of the worldwide graphite electrode market. The demand for graphite anodes extended quickly in Asia Pacific in 2017 inferable from change in Chinese government controls. Asia Pacific is a major locale of the graphite terminals market because of high usage and creation of graphite cathodes in Japan, China, and India. Steel and non-ferrous metals are a significant application section in Asia inferable from the area's high share in steel making.

By Region: North America: (U.S., Canada & Mexico), Europe: (Germany, UK, France, Russia, Italy & Rest of Europe), Asia-Pacific: (China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific), South America: (Brazil, Argentina, Columbia, South Africa & Rest of South America) and Middle East and Africa: (Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA)

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Drivers and Restraints
Factors, for example, rising interest for graphite electrodes in end-use businesses, developing usage of steel scrap, and increasing demand from the steel business are foreseen to drive interest for graphite electrodes. Graphite electrodes have good electrical properties, high electrical and heat conductivity, high mechanical strength at high temperatures, chemical stability, low content of impurity, and high resistance to vibration. Graphite electrodes that are used in Electric Arc Furnace (EAF) give flexibility in changing its steel generation dissimilar to the blast furnace technique for the production of steel. EAF units can be quickly begun and quit, permitting the steel factory to shift production on the basis of demand. Owing to adaptability, lower fixed costs of EAF, and quick turnaround time, they have picked up prevalence among steel makers. Nonetheless, low accessibility of raw material and volatile prices are inhibiting the graphite electrodes market.

Major Table of Contents
Part 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

Part 2. Executive Summary
2.1. Key Highlights

Part 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities

Part 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)

Part 5 Graphite Electrodes Market, By Type
5.1. Introduction
5.2. Global Graphite Electrodes Revenue and Market Share by Type (2014-2018)
5.2.1. Global Graphite Electrodes Revenue and Revenue Share by Type (2014-2018)
5.3. High Power (HP)
5.3.1. Global High Power (HP) Revenue and Growth Rate (2014-2018)
5.4. Ultra-high Power (UHP)
5.4.1. Global Ultra-high Power (UHP) Revenue and Growth Rate (2014-2018)
5.5. Regular Power (RP)
5.5.1. Global Regular Power (RP) Revenue and Growth Rate (2014-2018)

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