+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Graphite Electrode Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product Type (High Power, Ultra High Power, Regular Power); Application (Electric Arc Furnace, Ladle Furnace, Others), and Geography

  • ID: 5178564
  • Report
  • September 2020
  • Region: Global
  • 142 pages
  • The Insight Partners

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • EPM Group
  • Graphite India Limited
  • HEG Limited
  • Kaifeng Carbon Co., Ltd
  • Nippon Carbon Co Ltd.
  • SANGRAF Intl.
According to this latest market study on “Graphite Electrode Market Forecast to 2027 - COVID-19 Impact and Global Analysis - By Product Type (High Power, Ultra High Power, Regular Power); Application (Electric Arc Furnace, Ladle Furnace, Others), and Geography,” the market was valued at US$ 6,564.2 million in 2019 and is projected to reach US$ 11,356.4 million by 2027; it is expected to grow at a CAGR of 9.9% from 2020 to 2027.

Graphite electrode is an essential component of steel production via the Electric Arc Furnace (EAF) method. After a severe five-year down cycle, graphite electrode demand started billowing in 2019, along with EAF steel production. With the world more environmentally conscious and developed countries more protectionist, the publisher anticipates stable growth in EAF steel production and graphite electrode demand from 2020-2027. The market should remain tight on limited graphite electrode capacity addition.

Currently, the global market is dominated by the Asia Pacific region accounting for ~58% of the global market collectively. The high demand for graphite electrodes from these countries is attributed to the steep rise in crude steel production. As per the World Steel Association, in 2018, China and Japan produced 928.3 and 104.3 million tonnes of crude steel respectively. In APAC, electric arc furnaces have a significant demand due to rising steel scrap and increase in electrical energy supply in China. The growing market strategies by various companies in APAC is encouraging the growth in the graphite electrode market in the region. For instance, Tokai Carbon Co., Ltd., a Japanese company, has acquired the graphite electrodes business of SGL GE Holding GmbH (SGL GE), at the cost of US$ 150 million.

Several steel suppliers in the North American region are highly focused on investing in steel production projects. In March 2019, steel suppliers in the US - including Steel Dynamics Inc., US Steel Corp., and ArcelorMittal - invested US$ 9.7 billion in total to boost their capacity to cater to the countrywide demand. Steel Dynamics Inc. invested US$ 1.8 billion to build a mill, ArcelorMittal invested US$ 3.1 billion on the US factories, and the US Steel Corp. invested ~US$ 2.5 billion in its respective activities. The increasing demand for graphite electrode in the steel industry in North America is mainly attributed to their higher thermal resistance, higher durability, and greater quality.

Impact of COVID-19 on Graphite electrode market

According to the latest situation report from the World Health Organization (WHO), the US, India, Spain, Italy, France, Germany, the UK, Russia, Turkey, Brazil, Iran, and China are among the worst affected countries due to COVID-19 outbreak. The outbreak first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The COVID-19 crisis is affecting the industries worldwide, and the global economy is anticipated to take the worst hit in the year 2020 and likely in 2021 also. The outbreak has created significant disruptions in the steel industry. The sharp decline in the international trade is negatively affecting the growth of the graphite electrode. The production shutdowns, restrictions on supply chain, procurement management, labor scarcity, and border lockdowns to combat and contain the outbreak have adversely affected the construction sector. The production slowdown in the construction industry is directly affecting the adoption of various steel products.

The report segments the global graphite electrode market as follows:

By Product Type
  • High Power
  • Ultra-High Power
  • Regular Power
By Application
  • Electric Arc Furnace
  • Ladle Furnace
  • Others
By Geography

North America
  • US
  • Canada
  • Mexico
Europe
  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe
Asia Pacific (APAC)
  • China
  • India
  • South Korea
  • Japan
  • Australia
  • Rest of APAC
Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA
South America (SAM)
  • Brazil
  • Argentina
  • Rest of SAM
Reasons to Buy
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the graphite electrode market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to product type, and application.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • EPM Group
  • Graphite India Limited
  • HEG Limited
  • Kaifeng Carbon Co., Ltd
  • Nippon Carbon Co Ltd.
  • SANGRAF Intl.
1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Graphite Electrode Market - By Product Type
1.3.2 Graphite Electrode Market - By Application
1.3.3 Graphite Electrode Market- By Region

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Graphite Electrode Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia-Pacific - PEST Analysis
4.2.4 Middle East & Africa - PEST Analysis
4.2.5 South America- PEST Analysis

5. Graphite Electrode Market-Key Dynamics
5.1 Market Drivers
5.1.1 Transition in Chinese steel industry
5.1.2 Concerns Regarding Traditional Induction Furnace Green House Gas (GHG) Emissions
5.2 Market Restrains
5.2.1 Limited Supply of Needle coke
5.3 Market Opportunity
5.3.1 Growing Acceptance in Developing Countries
5.4 Future Trends
5.4.1 Usage of Chemical Energy
5.5 Impact Analysis of Drivers and Restraints

6. Graphite Electrode Market - Global Market Analysis
6.1 Graphite electrode Market Global Overview
6.2 Global Graphite Electrode Market Forecast and Analysis
6.3 Market Positioning - Five Key Players

7. Graphite Electrode Market Analysis - By Product Type
7.1 Overview
7.2 Graphite Electrode Market Breakdown, by Product Type, 2019 & 2027
7.3 High Power
7.3.1 Overview
7.3.2 High Power Market Revenue and Forecast to 2027 (US$ Million)
7.4 Ultra-High Power
7.4.1 Overview
7.4.2 Ultra-High Power Market Revenue and Forecast to 2027 (US$ Million)
7.5 Regular Power
7.5.1 Overview
7.5.2 Ultra-High Power Market Revenue and Forecast to 2027 (US$ Million)

8. Graphite Electrode Market Analysis - By Application
8.1 Overview
8.2 Graphite Electrode Market Breakdown, by Application, 2019 & 2027
8.3 Electric Arc Furnace
8.3.1 Overview
8.3.2 Electric Arc Furnace Market Revenue and Forecast to 2027 (US$ Million)
8.4 Ladle Furnace
8.4.1 Overview
8.4.2 Ladle Furnace Market Revenue and Forecast to 2027 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others Market Revenue and Forecast to 2027 (US$ Million)

9. Graphite Electrode Market - Geographic Analysis
9.1 Overview
9.2 North America: Graphite Electrode Market
9.2.1 North America: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.2.2 North America: Graphite Electrode Market, by Product Type
9.2.3 North America: Graphite Electrode Market, by Application
9.2.4 North America: Graphite Electrode Market, by Key Country
9.2.4.1 US: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.2.4.1.1 US: Graphite Electrode Market, by Product Type
9.2.4.1.2 US: Graphite Electrode Market, by Application
9.2.4.2 Canada: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.2.4.2.1 Canada: Graphite Electrode Market, by Product Type
9.2.4.2.2 Canada: Graphite Electrode Market, by Application
9.2.4.3 Mexico: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.2.4.3.1 Mexico: Graphite Electrode Market, by Product Type
9.2.4.3.2 Mexico: Graphite Electrode Market, by Application
9.3 Europe: Graphite Electrode Market
9.3.1 Europe: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.3.2 Europe: Graphite Electrode Market, By Product Type
9.3.3 Europe: Graphite Electrode Market, By Application
9.3.4 Europe: Graphite Electrode Market, By Country
9.3.4.1 Germany: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.1.1 Germany: Graphite Electrode Market, by Product Type
9.3.4.1.2 Germany: Graphite Electrode Market, by Application
9.3.4.2 France: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.2.1 France: Graphite Electrode Market, by Product Type
9.3.4.2.2 France: Graphite Electrode Market, by Application
9.3.4.3 Italy: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.3.1 Italy: Graphite Electrode Market, by Product Type
9.3.4.3.2 Italy: Graphite Electrode Market, by Application
9.3.4.4 UK: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.4.1 UK: Graphite Electrode Market, by Product Type
9.3.4.4.2 UK Graphite Electrode Market, by Application
9.3.4.5 Russia: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.5.1 Russia: Graphite Electrode Market, by Product Type
9.3.4.5.2 Russia Graphite Electrode Market, by Application
9.3.4.6 Rest of Europe: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.6.1 Rest of Europe: Graphite Electrode Market, by Product Type
9.3.4.6.2 Rest of Europe Graphite Electrode Market, by Application
9.4 APAC: Graphite Electrode Market
9.4.1 APAC: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.4.2 APAC: Graphite Electrode Market, By Product Type
9.4.3 APAC: Graphite Electrode Market, By Application
9.4.4 APAC: Graphite Electrode Market, By Country
9.4.4.1 China: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.1.1 China: Graphite Electrode Market, by Product Type
9.4.4.1.2 China: Graphite Electrode Market, by Application
9.4.4.2 India: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.2.1 India: Graphite Electrode Market, by Product Type
9.4.4.2.2 India: Graphite Electrode Market, by Application
9.4.4.3 Japan: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.3.1 Japan: Graphite Electrode Market, by Product Type
9.4.4.3.2 Japan: Graphite Electrode Market, by Application
9.4.4.4 South Korea: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.4.1 South Korea: Graphite Electrode Market, by Product Type
9.4.4.4.2 South Korea: Graphite Electrode Market, by Application
9.4.4.5 Australia: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.5.1 Australia: Graphite Electrode Market, by Product Type
9.4.4.5.2 Australia: Graphite Electrode Market, by Application
9.4.4.6 Rest of APAC: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.6.1 Rest of APAC: Graphite Electrode Market, by Product Type
9.4.4.6.2 Rest of APAC: Graphite Electrode Market, by Application
9.5 MEA: Graphite Electrode Market
9.5.1 MEA: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.5.2 MEA: Graphite Electrode Market, by Product Type
9.5.3 MEA: Graphite Electrode Market, by Application
9.5.4 MEA: Graphite Electrode Market, by Key Country
9.5.4.1 South Africa: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.5.4.1.1 South Africa: Graphite Electrode Market, by Product Type
9.5.4.1.2 South Africa Graphite Electrode Market, by Application
9.5.4.2 Saudi Arabia: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.5.4.2.1 Saudi Arabia: Graphite Electrode Market, by Product Type
9.5.4.2.2 Saudi Arabia: Graphite Electrode Market, by Application
9.5.4.3 UAE: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.5.4.3.1 UAE: Graphite Electrode Market, by Product Type
9.5.4.3.2 UAE Graphite Electrode Market, by Application
9.5.4.4 Rest of MEA: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.5.4.4.1 Rest of MEA: Graphite Electrode Market, by Product Type
9.5.4.4.2 Rest of MEA Graphite Electrode Market, by Application
9.6 SAM: Graphite Electrode Market
9.6.1 SAM: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.6.2 SAM: Graphite Electrode Market, by Product Type
9.6.3 SAM: Graphite Electrode Market, by Application
9.6.4 SAM: Graphite Electrode Market, by Key Country
9.6.4.1 Brazil: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.6.4.1.1 Brazil: Graphite Electrode Market, by Product Type
9.6.4.1.2 Brazil: Graphite Electrode Market, by Application
9.6.4.2 Argentina: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.6.4.2.1 Argentina: Graphite Electrode Market, by Product Type
9.6.4.2.2 Argentina: Graphite Electrode Market, by Application
9.6.4.3 Rest of SAM: Graphite Electrode Market - Revenue and Forecast to 2027 (US$ Million)
9.6.4.3.1 Rest of SAM: Graphite Electrode Market, by Product Type
9.6.4.3.2 Rest of SAM: Graphite Electrode Market, by Application

10. Graphite Electrode Market- COVID-19 Impact Analysis
10.1 Overview
10.2 North America
10.3 Europe
10.4 Asia-Pacific
10.5 Middle East and Africa
10.6 South America

11. Industry Landscape
11.1 Market Initiative

12. Company Profiles
12.1 EPM Group
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 GRAFTECH INTERNATIONAL LTD.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Graphite India Limited
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 HEG Limited
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Kaifeng Carbon Co., Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Nantong Yangzi Carbon Co., Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Nippon Carbon Co Ltd.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 SANGRAF Intl.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 SHOWA DENKO K.K.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Tokai Carbon Co., Ltd.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Word Index
Note: Product cover images may vary from those shown
  • EPM Group
  • GRAFTECH INTERNATIONAL LTD
  • Graphite India Limited
  • HEG Limited
  • Kaifeng Carbon Co., Ltd
  • Nantong Yangzi Carbon Co., Ltd
  • Nippon Carbon Co Ltd.
  • SANGRAF Intl.
  • SHOWA DENKO K.K.
  • Tokai Carbon Co., Ltd
Note: Product cover images may vary from those shown
Adroll
adroll