Graphite electrodes are large cylindrical size mainly made up from needle coke. Graphite electrodes are mainly used for steel manufacturing process in electric arc furnaces (EAF). The use of graphite electrodes is not limited to steel manufacturing process but is also widely used in steel refining and smelting processes.
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"Global Graphite Electrode Market is valued at USD 9.13 Billion in and expected to reach USD 16.48 Billion by with the CAGR of 8.78% over the forecast period"
Graphite Electrodes Market Growing demand for steel in construction, oil & gas, and automotive industries is expected to fuel the graphite electrode market, more than 50% of the steel produced globally was used in the building & infrastructure industry. This report includes drivers, restrains, opportunities which help the market to grow over the analysis period and recent trends which supports the growth of market. This report provides details analysis of regional segmentation with type and application.
Graphite electrodes are one of a kind of conductor and an essential component in the steelmaking process. In this process, iron scrap gets melted in an electric arc furnace and recycled. It is the graphite electrodes inside the furnace that actually melt the iron. Graphite shows high thermal conductivity and is very resistant to heat and impact. It possesses the low electrical resistance, means it can conduct the large electrical currents needed to melt iron. Graphite electrodes are mainly used in electric arc furnace (EAF) and ladle furnace (LF) for steel production, ferroalloy, silicon metal Graphite electrodes are used in electric arc furnace (EAF) and ladle furnace (LF) for steel production, ferroalloy production, silicon metal production and smelting processes
Asia-pacific is Expected to continue its dominance for the graphite electrodes market
Asia-pacific is accounting more than 70% of market share due to huge contribution from China and India for the consumption and production of graphite electrodes. The Asia Pacific is estimated to expand at a rapid pace due to increase in EAF-based steel production. China has major contribution due to its Ministry of Industry and Information Technology; Ministry is a promoting and encouraging for capacity expansions for electric arc furnaces due to reduce environmental impact on country.
China&#;s growing long-term scrap availability along with EAF production outlook is fueling the growth for graphite electrodes market.
Brandessence Market Research has announced the Top 5 Graphite Electrodes Companies In .
GrafTech International established in and headquartered in Brooklyn Heights, Ohio. Specialties in Graphite Electrodes and Needle Coke. GrafTech International has 1,387 employee and revenue of $1 Billion.
SGL Carbon established in and headquartered in Wiesbaden, Hessen. Specialties in Carbon fibers and composites, Lightweight solutions for automotive, wind energy and aerospace applications, Graphite specialties technologies, Solar, LED, and Semiconductor, Development partner for innovative carbon and graphite-based products and solutions. SGL Carbon has Employees and have revenue of $1 Billion.
Showa Denko America established in and headquartered in New York, New York. Specialties in Chemicals, Petrochemicals, Inorganics, Aluminum, Electronics, and Advanced Battery Materials. Showa Denko America has and have revenue of $ 9 billion.
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Nippon Kornmeyer Carbon Group established in and headquartered in Windhagen, Rheinland-Pfalz. Specialties in High temperature & furnace construction, industrial heat treatment, raw & container glass, metal casting, quartz glass production & processing, optical fibers, polysilicon, semiconductor technology, photovoltaics, technical ceramics, and development & consulting. Nippon Kornmeyer Carbon Group has 614 employees and have revenue of $ 435 Million.
Jilin Carbon is a mining & metals company established in and headquartered in JILIN, JLN Specialties in Carbon products Marketing. Jilin Carbon has revenue of $1 Million.
Key Benefits for Global Graphite Electrodes Market Reports &#;
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Steel requires extreme temperatures in order to melt into liquid form to be used in other metal fabrication processes, and graphite is able to conduct electricity at even extremely high temperatures.
The electric arc furnaces themselves are large containers. The steel scraps for recycling are placed into the container and the roof is lowered. The graphite rods, or electrodes are components of the roof structure of the furnaces and are assembled into columns and attached to the roof. Depending on the manufacturer, the electrodes can be as small as 3 inches in diameter, or as large as 30 inches. This will also be dependent on the size of the furnace and the volume of material requiring melting.
The electrodes will reach up to °F, half the temperature of the surface of the sun and therefore machined graphite must be used as it is the only material that can withstand such high temperatures and maintain its shape and structure, as well as continue to conduct electricity. The electrodes are attached to an electrical source and in turn generate that energy into heat.
Graphite electrodes are typically coated with siloxane fluid which is able to reduce oxidation at extreme temperatures. The different specifics of graphite electrodes are chosen based on various application considerations such as furnace design, power level, fume control system, scrap requirements and charging practice. These factors will help to determine the particle size, shape and length of the graphite electrodes.
Electrodes are typically formed using an extrusion process in order to maintain material integrity and form the desired length and shape. After the steel has melted as a result of the extreme temperatures, it is drained into vats and moved quickly to metal fabrication processes to be made into new metal products. Further uses for graphite electrodes include refining steel in ladle furnaces, smelting processes and for removing defects in castings and weldings.
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