Global Graphite Electrodes Market Growth 2023-2029

Graphite electrode are used mainly in electric arc furnace steel production. They are presently the only products available that have both high levels of electrical conductivity and the capability of sustaining the extreme heat generated in this demanding environment.

LPI (LP Information)' newest research report, the “Graphite Electrodes Industry Forecast” looks at past sales and reviews total world Graphite Electrodes sales in 2022, providing a comprehensive analysis by region and market sector of projected Graphite Electrodes sales for 2023 through 2029. With Graphite Electrodes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Graphite Electrodes industry.

This Insight Report provides a comprehensive analysis of the global Graphite Electrodes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Graphite Electrodes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Graphite Electrodes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Graphite Electrodes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Graphite Electrodes.

The global Graphite Electrodes market size is projected to grow from US$ 5817.3 million in 2022 to US$ 7466.9 million in 2029; it is expected to grow at a CAGR of 7466.9 from 2023 to 2029.

Global graphite electrode key players include GrafTech International, Showa Denko K.K, Tokai Carbon, Fangda Carbon New Material, Graphite India Limited (GIL), etc. Global top 2 manufacturers hold a share about 35%. Asia-Pacific is the largest market, with a share about 48%, followed by Europe and North America. In terms of product, ultra high power (UHP) graphite electrodes is the largest segment, with a share over 77%. And in terms of application, the largest application is electric arc furnace steel.

This report presents a comprehensive overview, market shares, and growth opportunities of Graphite Electrodes market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Regular Power Graphite Electrodes
    High Power Graphite Electrodes
    Ultra High Power (UHP) Graphite Electrodes

Segmentation by application
    Electric Arc Furnace Steel
    Other (Phosphorus, Silicon, etc.)

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    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

Key Questions Addressed in this Report
What is the 10-year outlook for the global Graphite Electrodes market?
What factors are driving Graphite Electrodes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Graphite Electrodes market opportunities vary by end market size?
How does Graphite Electrodes break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Graphite Electrodes Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Graphite Electrodes Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Regular Power Graphite Electrodes
    Table 4. Major Players of High Power Graphite Electrodes
    Table 5. Major Players of Ultra High Power (UHP) Graphite Electrodes
    Table 6. Global Graphite Electrodes Sales by Type (2018-2023) & (K MT)
    Table 7. Global Graphite Electrodes Sales Market Share by Type (2018-2023)
    Table 8. Global Graphite Electrodes Revenue by Type (2018-2023) & ($ million)
    Table 9. Global Graphite Electrodes Revenue Market Share by Type (2018-2023)
    Table 10. Global Graphite Electrodes Sale Price by Type (2018-2023) & (USD/MT)
    Table 11. Global Graphite Electrodes Sales by Application (2018-2023) & (K MT)
    Table 12. Global Graphite Electrodes Sales Market Share by Application (2018-2023)
    Table 13. Global Graphite Electrodes Revenue by Application (2018-2023)
    Table 14. Global Graphite Electrodes Revenue Market Share by Application (2018-2023)
    Table 15. Global Graphite Electrodes Sale Price by Application (2018-2023) & (USD/MT)
    Table 16. Global Graphite Electrodes Sales by Company (2018-2023) & (K MT)
    Table 17. Global Graphite Electrodes Sales Market Share by Company (2018-2023)
    Table 18. Global Graphite Electrodes Revenue by Company (2018-2023) ($ Millions)
    Table 19. Global Graphite Electrodes Revenue Market Share by Company (2018-2023)
    Table 20. Global Graphite Electrodes Sale Price by Company (2018-2023) & (USD/MT)
    Table 21. Key Manufacturers Graphite Electrodes Producing Area Distribution and Sales Area
    Table 22. Players Graphite Electrodes Products Offered
    Table 23. Graphite Electrodes Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 24. New Products and Potential Entrants
    Table 25. Mergers & Acquisitions, Expansion
    Table 26. Global Graphite Electrodes Sales by Geographic Region (2018-2023) & (K MT)
    Table 27. Global Graphite Electrodes Sales Market Share Geographic Region (2018-2023)
    Table 28. Global Graphite Electrodes Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 29. Global Graphite Electrodes Revenue Market Share by Geographic Region (2018-2023)
    Table 30. Global Graphite Electrodes Sales by Country/Region (2018-2023) & (K MT)
    Table 31. Global Graphite Electrodes Sales Market Share by Country/Region (2018-2023)
    Table 32. Global Graphite Electrodes Revenue by Country/Region (2018-2023) & ($ millions)
    Table 33. Global Graphite Electrodes Revenue Market Share by Country/Region (2018-2023)
    Table 34. Americas Graphite Electrodes Sales by Country (2018-2023) & (K MT)
    Table 35. Americas Graphite Electrodes Sales Market Share by Country (2018-2023)
    Table 36. Americas Graphite Electrodes Revenue by Country (2018-2023) & ($ Millions)
    Table 37. Americas Graphite Electrodes Revenue Market Share by Country (2018-2023)
    Table 38. Americas Graphite Electrodes Sales by Type (2018-2023) & (K MT)
    Table 39. Americas Graphite Electrodes Sales by Application (2018-2023) & (K MT)
    Table 40. APAC Graphite Electrodes Sales by Region (2018-2023) & (K MT)
    Table 41. APAC Graphite Electrodes Sales Market Share by Region (2018-2023)
    Table 42. APAC Graphite Electrodes Revenue by Region (2018-2023) & ($ Millions)
    Table 43. APAC Graphite Electrodes Revenue Market Share by Region (2018-2023)
    Table 44. APAC Graphite Electrodes Sales by Type (2018-2023) & (K MT)
    Table 45. APAC Graphite Electrodes Sales by Application (2018-2023) & (K MT)
    Table 46. Europe Graphite Electrodes Sales by Country (2018-2023) & (K MT)
    Table 47. Europe Graphite Electrodes Sales Market Share by Country (2018-2023)
    Table 48. Europe Graphite Electrodes Revenue by Country (2018-2023) & ($ Millions)
    Table 49. Europe Graphite Electrodes Revenue Market Share by Country (2018-2023)
    Table 50. Europe Graphite Electrodes Sales by Type (2018-2023) & (K MT)
    Table 51. Europe Graphite Electrodes Sales by Application (2018-2023) & (K MT)
    Table 52. Middle East & Africa Graphite Electrodes Sales by Country (2018-2023) & (K MT)
    Table 53. Middle East & Africa Graphite Electrodes Sales Market Share by Country (2018-2023)
    Table 54. Middle East & Africa Graphite Electrodes Revenue by Country (2018-2023) & ($ Millions)
    Table 55. Middle East & Africa Graphite Electrodes Revenue Market Share by Country (2018-2023)
    Table 56. Middle East & Africa Graphite Electrodes Sales by Type (2018-2023) & (K MT)
    Table 57. Middle East & Africa Graphite Electrodes Sales by Application (2018-2023) & (K MT)
    Table 58. Key Market Drivers & Growth Opportunities of Graphite Electrodes
    Table 59. Key Market Challenges & Risks of Graphite Electrodes
    Table 60. Key Industry Trends of Graphite Electrodes
    Table 61. Graphite Electrodes Raw Material
    Table 62. Key Suppliers of Raw Materials
    Table 63. Graphite Electrodes Distributors List
    Table 64. Graphite Electrodes Customer List
    Table 65. Global Graphite Electrodes Sales Forecast by Region (2024-2029) & (K MT)
    Table 66. Global Graphite Electrodes Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 67. Americas Graphite Electrodes Sales Forecast by Country (2024-2029) & (K MT)
    Table 68. Americas Graphite Electrodes Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 69. APAC Graphite Electrodes Sales Forecast by Region (2024-2029) & (K MT)
    Table 70. APAC Graphite Electrodes Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 71. Europe Graphite Electrodes Sales Forecast by Country (2024-2029) & (K MT)
    Table 72. Europe Graphite Electrodes Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 73. Middle East & Africa Graphite Electrodes Sales Forecast by Country (2024-2029) & (K MT)
    Table 74. Middle East & Africa Graphite Electrodes Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 75. Global Graphite Electrodes Sales Forecast by Type (2024-2029) & (K MT)
    Table 76. Global Graphite Electrodes Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 77. Global Graphite Electrodes Sales Forecast by Application (2024-2029) & (K MT)
    Table 78. Global Graphite Electrodes Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 79. Showa Denko K.K Basic Information, Graphite Electrodes Manufacturing Base, Sales Area and Its Competitors
    Table 80. Showa Denko K.K Graphite Electrodes Product Portfolios and Specifications
    Table 81. Showa Denko K.K Graphite Electrodes Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 82. Showa Denko K.K Main Business
    Table 83. Showa Denko K.K Latest Developments
    Table 84. Fangda Carbon New Material Basic Information, Graphite Electrodes Manufacturing Base, Sales Area and Its Competitors
    Table 85. Fangda Carbon New Material Graphite Electrodes Product Portfolios and Specifications
    Table 86. Fangda Carbon New Material Graphite Electrodes Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 87. Fangda Carbon New Material Main Business
    Table 88. Fangda Carbon New Material Latest Developments
    Table 89. GrafTech International Basic Information, Graphite Electrodes Manufacturing Base, Sales Area and Its Competitors
    Table 90. GrafTech International Graphite Electrodes Product Portfolios and Specifications
    Table 91. GrafTech International Graphite Electrodes Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 92. GrafTech International Main Business
    Table 93. GrafTech International Latest Developments
    Table 94. Graphite India Limited (GIL) Basic Information, Graphite Electrodes Manufacturing Base, Sales Area and Its Competitors
    Table 95. Graphite India Limited (GIL) Graphite Electrodes Product Portfolios and Specifications
    Table 96. Graphite India Limited (GIL) Graphite Electrodes Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 97. Graphite India Limited (GIL) Main Business
    Table 98. Graphite India Limited (GIL) Latest Developments
    Table 99. HEG Limited Basic Information, Graphite Electrodes Manufacturing Base, Sales Area and Its Competitors
    Table 100. HEG Limited Graphite Electrodes Product Portfolios and Specifications
    Table 101. HEG Limited Graphite Electrodes Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 102. HEG Limited Main Business
    Table 103. HEG Limited Latest Developments
    Table 104. Tokai Carbon Basic Information, Graphite Electrodes Manufacturing Base, Sales Area and Its Competitors
    Table 105. Tokai Carbon Graphite Electrodes Product Portfolios and Specifications
    Table 106. Tokai Carbon Graphite Electrodes Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 107. Tokai Carbon Main Business
    Table 108. Tokai Carbon Latest Developments
    Table 109. SEC Carbon, Ltd Basic Information, Graphite Electrodes Manufacturing Base, Sales Area and Its Competitors
    Table 110. SEC Carbon, Ltd Graphite Electrodes Product Portfolios and Specifications
    Table 111. SEC Carbon, Ltd Graphite Electrodes Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 112. SEC Carbon, Ltd Main Business
    Table 113. SEC Carbon, Ltd Latest Developments
    Table 114. Energoprom Group Basic Information, Graphite Electrodes Manufacturing Base, Sales Area and Its Competitors
    Table 115. Energoprom Group Graphite Electrodes Product Portfolios and Specifications
    Table 116. Energoprom Group Graphite Electrodes Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 117. Energoprom Group Main Business
    Table 118. Energoprom Group Latest Developments
    Table 119. Jilin Carbon Basic Information, Graphite Electrodes Manufacturing Base, Sales Area and Its Competitors
    Table 120. Jilin Carbon Graphite Electrodes Product Portfolios and Specifications
    Table 121. Jilin Carbon Graphite Electrodes Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 122. Jilin Carbon Main Business
    Table 123. Jilin Carbon Latest Developments
    Table 124. Kaifeng Carbon Basic Information, Graphite Electrodes Manufacturing Base, Sales Area and Its Competitors
    Table 125. Kaifeng Carbon Graphite Electrodes Product Portfolios and Specifications
    Table 126. Kaifeng Carbon Graphite Electrodes Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 127. Kaifeng Carbon Main Business
    Table 128. Kaifeng Carbon Latest Developments
    Table 129. Nantong Yangzi Carbon Basic Information, Graphite Electrodes Manufacturing Base, Sales Area and Its Competitors
    Table 130. Nantong Yangzi Carbon Graphite Electrodes Product Portfolios and Specifications
    Table 131. Nantong Yangzi Carbon Graphite Electrodes Sales (K MT), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 132. Nantong Yangzi Carbon Main Business
    Table 133. Nantong Yangzi Carbon Latest Developments
List of Figures
    Figure 1. Picture of Graphite Electrodes
    Figure 2. Graphite Electrodes Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Graphite Electrodes Sales Growth Rate 2018-2029 (K MT)
    Figure 7. Global Graphite Electrodes Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Graphite Electrodes Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Regular Power Graphite Electrodes
    Figure 10. Product Picture of High Power Graphite Electrodes
    Figure 11. Product Picture of Ultra High Power (UHP) Graphite Electrodes
    Figure 12. Global Graphite Electrodes Sales Market Share by Type in 2022
    Figure 13. Global Graphite Electrodes Revenue Market Share by Type (2018-2023)
    Figure 14. Graphite Electrodes Consumed in Electric Arc Furnace Steel
    Figure 15. Global Graphite Electrodes Market: Electric Arc Furnace Steel (2018-2023) & (K MT)
    Figure 16. Graphite Electrodes Consumed in Other (Phosphorus, Silicon, etc.)
    Figure 17. Global Graphite Electrodes Market: Other (Phosphorus, Silicon, etc.) (2018-2023) & (K MT)
    Figure 18. Global Graphite Electrodes Sales Market Share by Application (2022)
    Figure 19. Global Graphite Electrodes Revenue Market Share by Application in 2022
    Figure 20. Graphite Electrodes Sales Market by Company in 2022 (K MT)
    Figure 21. Global Graphite Electrodes Sales Market Share by Company in 2022
    Figure 22. Graphite Electrodes Revenue Market by Company in 2022 ($ Million)
    Figure 23. Global Graphite Electrodes Revenue Market Share by Company in 2022
    Figure 24. Global Graphite Electrodes Sales Market Share by Geographic Region (2018-2023)
    Figure 25. Global Graphite Electrodes Revenue Market Share by Geographic Region in 2022
    Figure 26. Americas Graphite Electrodes Sales 2018-2023 (K MT)
    Figure 27. Americas Graphite Electrodes Revenue 2018-2023 ($ Millions)
    Figure 28. APAC Graphite Electrodes Sales 2018-2023 (K MT)
    Figure 29. APAC Graphite Electrodes Revenue 2018-2023 ($ Millions)
    Figure 30. Europe Graphite Electrodes Sales 2018-2023 (K MT)
    Figure 31. Europe Graphite Electrodes Revenue 2018-2023 ($ Millions)
    Figure 32. Middle East & Africa Graphite Electrodes Sales 2018-2023 (K MT)
    Figure 33. Middle East & Africa Graphite Electrodes Revenue 2018-2023 ($ Millions)
    Figure 34. Americas Graphite Electrodes Sales Market Share by Country in 2022
    Figure 35. Americas Graphite Electrodes Revenue Market Share by Country in 2022
    Figure 36. Americas Graphite Electrodes Sales Market Share by Type (2018-2023)
    Figure 37. Americas Graphite Electrodes Sales Market Share by Application (2018-2023)
    Figure 38. United States Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 39. Canada Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 40. Mexico Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 41. Brazil Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 42. APAC Graphite Electrodes Sales Market Share by Region in 2022
    Figure 43. APAC Graphite Electrodes Revenue Market Share by Regions in 2022
    Figure 44. APAC Graphite Electrodes Sales Market Share by Type (2018-2023)
    Figure 45. APAC Graphite Electrodes Sales Market Share by Application (2018-2023)
    Figure 46. China Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 47. Japan Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 48. South Korea Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 49. Southeast Asia Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 50. India Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 51. Australia Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 52. China Taiwan Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 53. Europe Graphite Electrodes Sales Market Share by Country in 2022
    Figure 54. Europe Graphite Electrodes Revenue Market Share by Country in 2022
    Figure 55. Europe Graphite Electrodes Sales Market Share by Type (2018-2023)
    Figure 56. Europe Graphite Electrodes Sales Market Share by Application (2018-2023)
    Figure 57. Germany Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 58. France Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 59. UK Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 60. Italy Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 61. Russia Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 62. Middle East & Africa Graphite Electrodes Sales Market Share by Country in 2022
    Figure 63. Middle East & Africa Graphite Electrodes Revenue Market Share by Country in 2022
    Figure 64. Middle East & Africa Graphite Electrodes Sales Market Share by Type (2018-2023)
    Figure 65. Middle East & Africa Graphite Electrodes Sales Market Share by Application (2018-2023)
    Figure 66. Egypt Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 67. South Africa Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 68. Israel Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 69. Turkey Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 70. GCC Country Graphite Electrodes Revenue Growth 2018-2023 ($ Millions)
    Figure 71. Manufacturing Cost Structure Analysis of Graphite Electrodes in 2022
    Figure 72. Manufacturing Process Analysis of Graphite Electrodes
    Figure 73. Industry Chain Structure of Graphite Electrodes
    Figure 74. Channels of Distribution
    Figure 75. Global Graphite Electrodes Sales Market Forecast by Region (2024-2029)
    Figure 76. Global Graphite Electrodes Revenue Market Share Forecast by Region (2024-2029)
    Figure 77. Global Graphite Electrodes Sales Market Share Forecast by Type (2024-2029)
    Figure 78. Global Graphite Electrodes Revenue Market Share Forecast by Type (2024-2029)
    Figure 79. Global Graphite Electrodes Sales Market Share Forecast by Application (2024-2029)
    Figure 80. Global Graphite Electrodes Revenue Market Share Forecast by Application (2024-2029)

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

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape