2028 Graphite Electrode Industry Report Growth Forecasts
Graphite electrodes are large cylindrical structures made up of petroleum needle coke and coal tar pitch. They conduct electrical energy from the power source and convert it into heat which is used to melt scra-p metal.
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Based on the electrode grade, the ultra high power (UHP) segment is anticipated to expand at a rapid pace during the forecast period due to its higher thermal and electrical conductivity and the ability to swiftly melt scra-p to manufacture steel. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the increasing industrialization in the countries like China and India.
Some of the key players profiled in the Graphite Electrode Market include Nippon Carbon Co. Ltd, Graphite India Limited, EPM Group, SEC Carbon Limited, GrafTech International, Fangda Carbon New Material Technology Co. Ltd, SANGRAF International Inc., Tokai Carbon Co. Ltd, Kaifeng Pingmei New Carbon Material Technology Co. Ltd, Jilin Carbon Co. Ltd, HEG Limited, SHOWA DENKO K.K., and Nantong Yangzi Carbon Co. Ltd.
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