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Outlook on the Graphite Electrodes Global Market to 2026 - by Product Type, Application and Region


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The global graphite electrodes market reached a value of US$ 5.5 Billion in 2020. Graphite electrodes are large cylindrical structures made up of petroleum needle coke and coal tar pitch. They conduct electrical energy from the power source and convert it into heat which is used to melt scrap metal. Since graphite has high thermal conductivity and low electrical resistance, these electrodes can generate heat up to the temperature of 1600 degree Celsius. They are primarily used in Electric Arc Furnaces (EAF) and Blast Oxygen Furnaces (BOF) for steelmaking and smelting ferrous alloys. These electrodes help in the manufacturing of high-quality products that can withstand high heat dissipation have high electrical conductivity and exhibit exceptional mechanical strength. Looking forward, the publisher expects the global graphite electrodes market to exhibit moderate growth during the next five years. ....

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Global Graphite Electrodes Market to Exhibit Moderate Growth During 2021-2026, Impelled by Their Rising Utilization in Oil and Gas Sector – KSU


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According to the latest report by IMARC Group, titled “
Graphite Electrodes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global graphite electrodes market size reached US$ 5.5 Billion in 2020. Graphite electrodes refer to large cylindrical structures that are obtained by the calcination of amorphous carbon, such as coal pitch, petroleum coke or asphalt coke, using a graphitization furnace. They are characterized by low electrical resistance and excellent mechanical strength and machinability. They also exhibit excellent thermal shock resistance as they can easily withstand high temperature exposures. These electrodes find extensive applications in the production of steel, ferroalloy, and silicon metals and in the smelting process across the electric arc furnace (EAF), blast oxygen furnaces (BOF) and ladle furnace (LF) as they aid in transferring electrical energy from the power source to the steel melt in the fur ....

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