U.S. Graphite Electrode Market Size, Trends, Outlook, Opportunity

(Comserve via Comtex)

Japan, Japan, Thu, 22 Jul 2021 06:14:38 / Comserve Inc. / -- U.S. Graphite Electrode Market Report Contain Size Analysis, Competitive Landscape, Revenue Status, Future Opportunities, compound annual growth, in-depth qualitative analysis and Demand By Top Key Players

"The report on U.S. Graphite Electrode Market was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter's five forces.

Download Sample of This Strategic Report: https://www.sdki.jp/sample-request-110351

U.S. Graphite Electrodes Market: Overview

  • Graphite electrode is available in small or large diameters for high temperature and high intensity applications. Graphite electrode is employed in the production of steel in electric arc furnaces. It is also used in steel refining and smelting processes.
  • Graphite electrode is primarily employed in production of steel and non-ferrous metals
  • Prominent characteristics of graphite electrode include its ability to withstand electrical resistance with temperature up to 1,400°C, high machining accuracy, good surface finishing, and anti-oxidation treatment for longevity. Graphite electrode also offers high flexural strength, thus resulting in lower electrode breakage frequency at the time of machining. It has low specific resistance, which allows maximum current carrying capability without overheating of the electrode.

Key Growth Drivers of U.S. Graphite Electrodes Market

  • Rise in demand for graphite electrode in end-use industries, increase in utilization of steel scrap, and high demand for graphite electrode in the steel industry are expected to drive the demand for graphite electrodes in the U.S. Graphite electrodes possess excellent electrical properties, high mechanical strength at high temperatures, high electrical and heat conductivity, low impurity content, chemical stability, and high vibrational resistance. Thus, graphite electrodes are ideal for usage in electric arc furnaces (EAF).
  • Graphite electrode that is used in an EAF provides flexibility at the time of production of steel, unlike the blast furnace method of steel production. EAF units can be rapidly started and stopped, allowing the steel mill to vary production according to the demand. Furthermore, they can withstand temperatures up to 1,800°C, due to their superior thermal expansion and thermal shock resistance, which help in reducing the entire mass of steel.
  • EAFs have gained popularity among steel producers due to their flexibility, quick turnaround time, and lower fixed costs. Growth in investment in the steel manufacturing sector in the U.S. is expected to enhance capacity expansions for EAFs in the U.S.
  • Rise of government initiatives in order to increase the usage of scrap steel metal is another prominent factor that is likely to drive the graphite electrodes market in the U.S. Scrap utilization rates for steel producing industries differ significantly around the world, depending on the production process. Steel scrap is usually sourced from waste generated during the steelmaking process due to rolling, conditioning, cutting, and trimming processes. Steel scrap can also be generated in the form of steel products at the end of their service life. Availability of scrap is high in the U.S. due to the presence of large steel producing industries and considerably high consumption of steel products in the country.

Ultra High Power Electrodes to Offer Lucrative Opportunities in U.S. Graphite Electrodes Market

  • The steel industry primarily requires high power electrodes and ultra high power electrodes. Demand for high-quality ultra high power graphite electrodes is rising significantly in the U.S., due to its low electrical resistance and high density.
  • The ultra high power electrode segment accounted for a major share of the graphite electrode market in the U.S. in 2018. It is expected to remain the dominant segment during the forecast period. Large capacity ultra high power arc furnaces are becoming increasingly popular in order to meet the requirement of higher work efficiency. Therefore, ultra high power electrodes with diameters of more than 18" are expected to dominate the graphite electrodes market in the U.S.
  • High power electrode and regular power electrode segments are estimated to expand at a moderate pace during the forecast period. High power electrodes are extensively employed in a wide range of applications, including steel and non-ferrous metals, fused materials, and chemical processing.

Lucrative Opportunities in U.S. Graphite Electrodes Market

  • Well-established players can invest significantly in research & development activities in the graphite electrodes market in the U.S. in order to develop innovative solutions for decreasing cost and enhancing the quality of their existing product line
  • Key players can focus on expanding their footprint across the globe through strategic capital allocation and increase of production capacity to serve end-use industries such as building & construction, automotive, infrastructure, aerospace & defense, and oil & gas

Leading Players in U.S. Graphite Electrodes Market

  • Major players operating in the graphite electrodes market in the U.S. include
    • GrafTech International
    • Showa Denko K.K.
    • Tokai Carbon
    • GES-AGM
    • Ameri-Source Specialty Products
    • Graphite Sales, Inc.
    • Saturn Industries, Inc.
  • Most of the producers of graphite electrodes have integrated operations across the value chain in order to consolidate their share in the market. For instance, GrafTech has in-house production of petroleum coke, which is used as a major raw material for graphite electrodes.
  • Key players in the U.S. graphite electrodes market need to focus on maintaining raw material supply as supply of needle coke, a key raw material, is fluctuating. Accurate forecast and production planning as per market dynamics are key to the survival in the graphite electrode manufacturing industry.
  • Manufacturers in the U.S. are focusing on boosting customer leadership through creation, innovation, and impressive research & development to revolutionize innovations in the graphite technology in order to increase productivity

U.S. Graphite Electrodes Market - Scope of the Report

The latest study collated and published by analyzes the historical and present-day scenario of the graphite electrodes market in the U.S. to accurately gauge its potential future development. The study presents detailed information about the important growth factors, restraints, and key trends that are creating the landscape for the future growth of the graphite electrode market in the U.S. to identify the opportunistic avenues of the business potential for stakeholders. The report also provides insightful information about how the graphite electrode market in the U.S. will progress during the forecast period of 2019 to 2027.

The report offers intricate dynamics about the different aspects of the graphite electrode market in the U.S. that aid companies operating in the market in making strategic development decisions. The study also elaborates on the significant changes that are highly anticipated to configure the growth of the graphite electrode market in the U.S. during the forecast period. It also includes a key indicator assessment to highlight the growth prospects of the graphite electrodes market in the U.S., and estimate statistics related to the market progress in terms of value (US$ Mn) and volume (kilo tons).

The report mentions the company profiles of key players that are currently dominating the graphite electrode market in the U.S., wherein various development, expansion, and winning strategies practiced and executed by leading players have been presented in detail.

Key Questions Answered in the Report on U.S. Graphite Electrodes Market

The report provides detailed information about the graphite electrode market in the U.S. on the basis of comprehensive research on various factors that are playing a key role in accelerating the growth potential of the market. Information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative ways to create a unique benchmark in the graphite electrode industry in the U.S., so as to help them make successful strategies and take target-driven decisions.

  • Which application of graphite electrode is likely to generate the highest revenue in the U.S. by 2027?
  • Which type of graphite electrode is expected to grow at the fastest pace in the U.S. by the end of 2027?
  • Which application is the major consumer of graphite electrode in the U.S.?
  • How much revenue is the graphite electrodes market in the U.S. anticipated to generate by the end of the forecast period?
  • How are key market players successfully earning revenue out of the advantages of graphite electrode?
  • What are the indicators expected to drive the market in the U.S.?
  • Which type of graphite electrode is likely to provide profitable scope of opportunities for competitors in the graphite electrodes market in the U.S.?

Research Methodology - U.S. Graphite Electrodes Market

The research methodology adopted by analysts for combining the graphite electrode market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the industry-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the graphite electrodes market in the U.S.

During the primary research phase, analysts interviewed industry stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through the interviews of genuine resources, analysts have emphasized the changing scenario of the graphite electrodes market in the U.S.

For secondary research, analysts scrutinized numerous annual report publications, white papers, industry association publications, and company websites to obtain the necessary understanding of the graphite electrodes market in the U.S.

Get a Sample Copy of the [email protected] https://www.sdki.jp/sample-request-110351

Table of Content
1. Preface

1.1. Market Definition and Scope

1.2. Market Segmentation

1.3. Key Research Objectives

1.4. Research Highlights

2. Assumptions and Research Methodology

2.1. Report Assumptions

2.2. Secondary Sources & Acronyms Used

2.3. Research Methodology

3. Executive Summary: U.S. Graphite Electrode Market

4. Market Overview

4.1. Introduction

4.2. Key Market Developments/Indicators

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunities

4.4. U.S. Graphite Electrode Market Analysis and Forecast, 2018-2027

4.4.1. U.S. Graphite Electrode Market Volume (Kilo Tons)

4.4.2. U.S. Graphite Electrode Market Value (US$ Mn)

4.5. Porters Five Forces Analysis

4.6. Value Chain Analysis: U.S. Graphite Electrode Market

5. U.S. Production Output Analysis

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