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Graphite Electrodes Market Research Report 2017

Press Release   •   Jan 06, 2018 17:27 IST

Global Graphite ElectrodesMarket Research Report 2017 provides a complete data analysis with Market value, Sales, Price, Industry Analysis and Forecast with the help of Industry Experts.

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.

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 ultrahigh 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 20172024. 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
  • Ultrahigh 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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Table of Contents

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

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