Graphite electrode manufacturers

Alex
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Alex
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2020-12-1105:54:15 Review 335

There are about hundreds of graphite electrode manufacturers in the world, and more than 40 of them are in China. China's graphite electrode production reached 800,000 tons in 2019, and global graphite electrode production besides China reached 710,000 tons.

From 2020 to 2027, the output of electric arc furnace steel and the demand for graphite electrodes will increase steadily. Currently, the Asia-Pacific region occupies a dominant position in the global market, for approximately 58% of the global market. The high demand for graphite electrodes in these countries is due to the increasing in crude steel production.

According to data from the World Steel Association, China and Japan produced 928.3 million tons and 104.3 million tons of crude steel respectively in 2018. In the Asia-Pacific region, due to the increase in the amount of scrap steel in China and the increase in electric power supply, electric arc furnaces are in great demand. The growing market strategy of many companies in the Asia-Pacific region is encouraging the growth of the graphite electrode manufacturers in the region.

The world class graphite electrode manufacturers mainly include Fangda, Jilin Carbon and Dan Carbon from China, UCAR from the United States, HEG, GI from India, TOKAI, SDK from Japan, and SGL from Germany.

Due to the COVID-19 in 2020, Chinese graphite electrode production is expected to reach 730,000 tons, and sales are expected to reach 673,000 tons. The graphite electrode market is valued at US$6.5 billion in 2019, and the graphite electrode market is expected to reach US$7.8 billion in 2021.

Graphite Electrode Market Share

According to statistics in 2018, the top ten manufacturers in the overseas graphite electrode market are Graftech in the United States, SGL in Germany, Fangda, Jilin Carbon, and Dan Carbon in China, Graphite India, HEG in India, Tokai Carbon, Showa Denko and Nippon Carbon in Japan.

Graphite electrode manufacturers

Graphite electrode manufacturers

Alex
  • by Published on 2020-12-1105:54:15
  • Links: https://blog.dancarbon.com/graphite-electrode-manufacturers.html

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