Global Graphite Electrode Market Value Expected to Reach USD 8,511 MN By 2028

Graphite Electrode Market Forecasts to 2028

Graphite Electrode Market Forecasts to 2028

Stratistics MRC report, Graphite Electrode Market Forecasts to 2028 – Global Analysis Application, Key Players, Types, End User and By Geography

MARYLAND, GAITHERSBURG, UNITED STATES, November 22, 2021 /EINPresswire.com/ — Graphite Electrode Market Forecasts to 2028 – Global Analysis By Electrode Grade (Regular Power, High Power, Ultra High Power, Super High Power), Raw Material (Pitch Coke, Petroleum Coke, Needle Coke, Coal Pitch) and By Geography

The Global Graphite Electrode Market is accounted for $4,431.49 million in 2020 and is expected to reach $8,511.14 million by 2028 growing at a CAGR of 8.5% during the forecast period. Factors such as rising demand from steel-oriented sectors and increasing requirement of anti-corrosive products are driving the growth of the market. However, high price of raw materials is hampering the growth of the market. Some of the key players profiled in the Graphite Electrode Market include Nippon Carbon Co. Ltd, Graphite India Limited, EPM Group, SEC Carbon Limited, GrafTech International, Fangda Carbon New Material Technology Co. Ltd, SANGRAF International Inc., Tokai Carbon Co. Ltd, Kaifeng Pingmei New Carbon Material Technology Co. Ltd, Jilin Carbon Co. Ltd, HEG Limited, SHOWA DENKO K.K., and Nantong Yangzi Carbon Co. Ltd.

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