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Graphite Electrodes Market CAGR of 4.3% during the Forecast Period of 2017-2024

01-16-2018 08:12 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Research Trades

Graphite Electrodes Market CAGR of 4.3% during the Forecast

The global graphite electrode market is an oligopolistic market, with no new entrants functioning in the industry since recent past. The graphite electrode market is facing a declining growth trend due to the possession of core technology by only a handful of players. It is solely a technology sensitive and capital intensive market. The demand of graphite electrodes is majorly dependent on its application in manufacturing steel through smelting by using an electric arc furnace (EAF). Steel manufacturers are shifting towards electric arc furnace over the blast furnaces, owing to the advantages offered by EAF such as low cost of establishment, higher production flexibility, and low CO2 emissions.

Market Determinants

The global graphite electrodes market has witnessed notable growth in the recent years. The increase in steel- oriented activities such as construction and infrastructure is the key market determinant fueling the growth of global graphite electrode market. According to the data revealed by World Steel Association, 1630 million tonnes of crude steel was produced globally, in 2016. Moreover, the shifting trend of steel manufacturers towards manufacturing steel via electric arc furnace over the blast furnace is also a prime determinant driving the market growth. On the other hand, the rising price trend of raw materials required to manufacture graphite electrode and advent of carbon electrode as a substitute acts as the major hurdles in the growth of the market. However, increasing awareness among the people regarding branded products is expected to create huge opportunities for the growth of market in the coming years.

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Segment Analysis

The global graphite electrodes market is segmented on the basis of type, application, and geography. By type, the market is segmented into regular power graphite electrode, high power graphite electrode, and ultra-high power graphite electrode. On the basis of application, the market is segmented into metallurgy, chemistry, and national defence. Geography wise, the market is segmented into North America, Europe, China, Japan, South East Asia, India, South America, and Middle East. China was the largest producer of graphite electrodes, in 2016, by holding nearly 40% of the global production volume. It is expected to maintain its dominance and grow with the highest CAGR of 4.3% during the forecast period of 2017-2024. Moreover, the developing economies like India and Japan are also the major contributors in the market growth due to their high steel production.

Some prominent market players are SGL Group, GrafTech, Fangda Carbon, Showa Denko K.K, Jilin Carbon, Tokai Carbon, Nippon Carbon, Graphite India Limited (GIL), HEG Limited, Yangzi Carbon, and Kaifeng Co., Ltd. The market giants are adopting mergers & acquisitions and capacity upgrades as their growth strategies, in order to magnify their presence in the global market. In 2016, a Japan based market giant, Showa Denko acquired Germany based SGL Group at an estimated value of 350 million euros. The acquisition was strategized with an aim to expand business reach in the US, Japan, and Europe, along with the reduction in fixed costs and integration of supply chain.

GLOBAL GRAPHITE ELECTRODES MARKET SEGMENTATION

By Type

Regular power graphite electrode
High power graphite electrode
Ultra-high power graphite electrode
By Application

Metallurgy
Chemistry
National Defence
By Geography

North America
China
South East Asia
Europe
India
Japan
South America
Middle East
KEY MARKET PLAYERS

SGL Group
GrafTech
Fangda Carbon
Showa Denko K.K
Jilin Carbon
Tokai Carbon
Nippon Carbon
Graphite India Limited (GIL)
HEG Limited
Yangzi Carbon
Kaifeng Co., Ltd

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CHAPTER 1. INTRODUCTION
1.1. RESEARCH METHODOLOGY
1.1.1. ERC desk research
1.1.2. ERC data synthesis
1.1.3. Data validation and market feedback
1.1.4. ERC data sources
CHAPTER 2. GRAPHITE ELECTRODE MARKET OVERVIEW

2.1. PRODUCT OVERVIEW AND SCOPE OF GRAPHITE ELECTRODE
2.2. GRAPHITE ELECTRODE SEGMENT BY TYPES
2.2.1. Global Graphite Electrode Production (K tonnes) and Growth Rate (%) Comparison by Types (2012-2022)
2.2.2. Global Graphite Electrode Production Market Share (%) by Types in 2016
2.2.3. Regular Power
2.2.4. High Power Graphite electrodes
2.2.5. Ultra High Power (UHP) Graphite electrodes
2.3. GLOBAL GRAPHITE ELECTRODE SEGMENT BY APPLICATIONS
2.3.1. Global Graphite Electrode Consumption (K Units) Comparison by Applications (2012-2022)
2.3.2. Metallurgy
2.3.3. Chemistry
2.3.4. National defense
2.4. GLOBAL GRAPHITE ELECTRODE MARKET BY REGIONS (2012-2022)
2.4.1. Global Graphite Electrode Market Size and Growth Rate (%) Comparison by Regions (2012-2022)
2.4.2. North America Graphite Electrode Status and Prospect (2012-2022)
2.4.3. China Graphite Electrode Status and Prospect (2012-2022)
2.4.4. Europe Graphite Electrode Status and Prospect (2012-2022)
2.4.5. Japan Graphite Electrode Status and Prospect (2012-2022)
2.5. GLOBAL GRAPHITE ELECTRODE MARKET SIZE (2012-2022)
2.5.1. Global Graphite Electrode Revenue (Million USD) Status and Outlook (2012-2022)
2.5.2. Global Graphite Electrode Capacity, Production (K Units) Status and Outlook (2012-2022)

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CHAPTER 3. GLOBAL GRAPHITE ELECTRODE MARKET COMPETITION BY MANUFACTURERS
3.1. GLOBAL GRAPHITE ELECTRODE CAPACITY, PRODUCTION AND SHARE BY MANUFACTURERS (2012-2017)
3.1.1. Global Graphite Electrode Capacity (K Units) and Share (%) by Manufacturers (2012-2017)
3.1.2. Global Graphite Electrode Production (K Units) and Share (%) by Manufacturers (2012-2017)
3.2. GLOBAL GRAPHITE ELECTRODE REVENUE (MILLION USD) AND SHARE (%) BY MANUFACTURERS (2012-2017)
3.3. GLOBAL GRAPHITE ELECTRODE AVERAGE PRICE (USD/UNIT) BY MANUFACTURERS (2012-2017)
3.4. MANUFACTURERS GRAPHITE ELECTRODE MANUFACTURING BASE DISTRIBUTION, SALES AREA, PRODUCT TYPES
3.5. GRAPHITE ELECTRODE MARKET COMPETITIVE SITUATION AND TRENDS
3.5.1. Graphite Electrode Market Share (%) of Top 3 and Top 5 Manufacturers
3.5.2. Mergers & Acquisitions, Expansion

Who we are
Research Trades has team of experts who works on providing exhaustive analysis pertaining to market research on a global basis. This comprehensive analysis is obtained by a thorough research and study of the ongoing trends and provides predictive data regarding the future estimations, which can be utilized by various organizations for growth purposes.
We distribute customized reports that focus on meeting the client’s specific requirement. Our database consists of a large collection of high-quality reports obtained using a customer-centric approach, thus providing valuable research insights.

Contact Us:
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