We use cookies for a better user experience. Click here to know more about it. 

       
  
x

Global UHP Graphite Electrode Market Dominated by Showa Denko and GrafTech International - QYResearch Report

Author: QYResearch  |   Published Date: 2021-03-04   |   Views: 90



UHP graphite electrode is made of high-grade needle coke and treated with Lengthwise Graphitization (LWG). The graphitization temperature can be up to 2800 °C – 3000 °C. Finished products have lower electrical resistance & linear expansion, good thermal shock resistance and allow a larger current density.

There are some key manufacturers in the industry, including Showa Denko K.K, Fangda Carbon New Material, GrafTech International, Graphite India Limited (GIL), HEG Limited, Tokai Carbon, SEC Carbon, Ltd, Energoprom Group, Jilin Carbon, Kaifeng Carbon, Nantong Yangzi Carbon, etc. The industry is dominated by two leading companies, Showa Denko K.K and GrafTech International. In 2020, the two companies provide nearly 161  K MT UHP graphite electrode respectively to the market, with 37.4% production share  totally.

Significant and lasting barriers make entry into this market difficult and concentrated. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.

 

Global UHP Graphite Electrode Market: Application Analysis

EAF steelmaking is the main application field of graphite electrode. Looking forward over the next decade, EAF steelmaking production will be a big winner in the race to produce “green,” “carbon neutral” steel. European steel producers have worked diligently over the past two decades to reduce the carbon footprint of the steel produced through traditional integrated steelmaking, having accomplished the lowest levels possible from a scientific perspective. The only path available to them to further reduce their carbon emissions is to shift to EAF production using alternative metallics, diverting large capital investments that would have been used to sustain their blast furnace/basic oxygen furnace (BF/BOF) production with EAFs. In EAF steelmaking, the graphite electrode is used to conduct electric current into the furnace and the high temperature heat source for smelting is generated by arcing between the electrode and steel scraps.


The global UHP Graphite Electrode market was valued at US$ 6710.94 million in 2019 and it will reach US$ 7419.42 million by the end of 2026, growing at a CAGR of 2.21% during 2020-2026.

 

Read More Information: https://www.qyresearch.com/index/detail/2707658/global-uhp-graphite-electrode-market

 

About Us:

QYResearch provides Market Research Reports for clients all over the world. As of now, QYResearch data as following:

62000 + Clients(cover 100% the world strong 500 companies and most industries’ leading players such as TOP5 players)

7800 + Experts(most of them with more than 15 years’ experience in their industry and professional knowledge both in market and technology)

300 + Data Base(40% government related data base, 30% third part data base, 10% international agencies data base, 30% technology and market data base)

2 Million + Reports(cover almost all industries and most detailed products such as product model level research reports, where you can find all what you need in one shop)

1000 + Custom Research Projects(most clients need custom research service and QYResearch keeps offering good and depth service for them)

30 + Roles Data Interview Checking System(only QYResearch uses such interview system with more than 30 roles in order to confirm the data reliability)

13 + Years focus market research and continues to support the client success.

 

Media Contact:

Rahul Singh - Digital Marketing Director

Contact: +91 7028 920 828   +81-903-800-9273    +86-108-294-5717

Email: rahul@qyresearch.com


Sales Contact US:

USA Registered Office: QY Research, INC.

17890 Castleton, Suite 369,

City of industry, CA - 91748

Phone: +1-626-295-2442

Emails – enquiry@qyrsearch.com

Web – www.qyresearch.com


QYR Clients

  • csl
  • croozer
  • crital alert
  • cristal
  • corveneng
  • coperion
  • contijpi medical
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
  • compass minerals
More Clients...