Graphite Electrodes Market Future Growth Prospect and Trends to 2027 by Top Key Players EPM Group, GrafTech International, Graphite India Limited, HEG Limited, Jilin Carbon

Graphite electrode (GE) is an essential component of steel production through the electric arc furnace (EAF) method. After five years of downcycle, the demand for graphite electrode started emerging in 2016 with the increased production of steel through the EAF method. The penetration of EAF-based steel production is expected to be stable in the foreseen future, because of high awareness of the developed economies towards environmentally friendly technologies.

Graphite Electrodes Market provides a bird’s eye view of the current proceeding within the Graphite Electrodes market. Further, the report also takes into account the impact of the novel COVID-19 pandemic on the Graphite Electrodes market and offers a clear assessment of the projected market fluctuations during the forecast period. The different factors that are likely to impact the overall dynamics of the Graphite Electrodes market over the forecast period (2020-2027) including the current trends, growth opportunities, restraining factors, and more are discussed in detail in the market study.

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The graphite electrodes market has witnessed a significant growth owing to factors such as wider application in an electric arc furnace, ladle furnace, and others. Rising production of iron and steel in emerging countries, rising availability of steel scrap in China, thereby increasing the usage of electric arc furnaces are expected to drive the demand for the market during the forecast period. However, Soaring prices of needle coke resulting in supply tightness may hamper the growth of the graphite electrodes market. Nevertheless, the rising production of steel through electric arc furnace technology in China is expected to act as an opportunity for the market in the future.

Leading Players Of Graphite Electrodes Market:- EPM Group, GrafTech International, Graphite India Limited, HEG Limited, Jilin Carbon Co. Ltd, Kaifeng Carbon Co., Ltd, Nantong Yangzi Carbon Co. Ltd, Nippon Carbon Co. Ltd, SANGRAF International Inc., Showa Denko K.K.

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The reports cover various key developments in the global graphite electrodes market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from graphite electrodes market are anticipated to lucrative growth opportunities in the future with the rising demand for graphite electrodes in the global market. Below mentioned is the list of few companies engaged in the graphite electrodes market.

Graphite Electrodes Market: Regional analysis includes:
• Asia-Pacific(Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
• Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
• North America (the United States, Mexico, and Canada.)
• South America (Brazil etc.)
• The Middle East and Africa (GCC Countries and Egypt.)

The global graphite electrodes market is segmented on the basis of type, and application. On the basis of form, the graphite electrodes market is segmented into high power, ultra high power, and regular power. The graphite electrodes market on the basis of the application is classified into electric arc furnace, ladle furnace, and others.

Reasons to Purchase Graphite Electrodes report is:

Gives a complete understanding of the Graphite Electrodes Market to express competitor information, analysis, and insights to formulate effective RD strategies.
Collect data of the developing participants having the potentially profitable portfolio in this space and create effective counter-strategies to gain competitive benefits.

Note: Access insightful study with over 150+ pages, list of tables & figures, profiling 20+ companies.

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