Graphite Electrode Market Size to increase by 212.67 Thousand MT between 2021 and 2025 | Technavio

NEW YORK, Sept. 30, 2021 /PRNewswire/ — Technavio’s latest research report on the Graphite Electrode Market offers a comprehensive analysis on…

NEW YORK, Sept. 30, 2021 /PRNewswire/ — Technavio’s latest research report on the Graphite Electrode Market offers a comprehensive analysis on new product launches, the latest trends, and the post-pandemic impact on businesses.

The graphite electrode market size is expected to increase by 212.67 thousand MT at a CAGR of almost 3% during 2021-2025.

Market Dynamics

The market is driven by factors such as the increased demand for high-quality steel and growing demand for graphite electrodes in APAC. However, downturns in the global economic conditions will hinder growth.

The increased use of graphite electrode due to their excellent properties will create significant growth opportunities for market players. On the other hand, the capital-intensive nature of the market will challenge their growth.

Company Profiles

Some of the companies covered in this report are Agilent Technologies Inc., Ameri-Source Specialty Products, Brothers International Ltd., EPM Group, Fangda Carbon New Material Co. Ltd., HEG Ltd., Nippon Carbon Co. Ltd., SHOWA DENKO K.K., Tokai Carbon Co. Ltd., and Weaver Industries Inc.

Competitive Analysis

The competitive scenario provided in the graphite electrode market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

  • By Product, the graphite electrode market is classified into UHP graphite electrode, HP graphite electrode, and RP graphite electrode. The market growth in the UHP graphite electrode segment will be significant during the forecast period.
  • By Geography, the market is analyzed across APAC, Europe, North America, South America, and MEA. APAC will have the largest share of the market.

Related Reports:

Global Graphite Market – Global graphite market is segmented by application (Refractory, L and C, Foundry, Batteries, and Others) and geography (APAC, Europe, North America, MEA, and South America).

Download Exclusive Free Sample Report

Global Carbon Fiber Prepreg Market – Global carbon fiber prepreg market is segmented by Type (Thermoset and Thermoplastics), Application (Aerospace and defense, Wind energy, Sports equipment, and Automotive parts), and Geography (North America, Europe, APAC, South America, and MEA).

Download Exclusive Free Sample Report

Graphite Electrode Market Report Coverage:

Report Coverage

Details

Base Year

2020

Year-Over-Year Growth in 2021

1.27%

Forecast Period

2021 to 2025

CAGR

Accelerating at 2.61%

Historical Data

2017 to 2021

No. of Pages

120

Exhibits

115

Incremental growth

212.67 Thousand MT

Segments covered

Product; Geography

By Product

 – UHP graphite electrode

 – HP graphite electrode

 – RP graphite electrode

By Region

 – APAC

 – Europe

 – MEA

 – North America

 – South America

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/graphite-electrode-market-size-to-increase-by-212-67-thousand-mt-between-2021-and-2025–technavio-301389104.html

SOURCE Technavio