Graphite Electrode Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR44654

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The graphite electrode market size is expected to grow by 212.67 thousand MT and record a CAGR of 2.61% during 2021-2025.

This post-pandemic graphite electrode market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this graphite electrode market analysis report, key drivers such as increased demand for high-quality steel have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as capital-intensive market, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Graphite Electrode Market Size be in 2021?


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Who are the Key Vendors in the Graphite Electrode Market?

The graphite electrode market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:


  • Agilent Technologies Inc.
  • Ameri-Source Specialty Products
  • Brothers International Ltd.
  • EPM Group
  • Fangda Carbon New Material Co. Ltd.
  • HEG Ltd.
  • Nippon Carbon Co. Ltd.
  • Tokai Carbon Co. Ltd.
  • Weaver Industries Inc.


Our analysts have extensively outlined successful business strategies deployed by the key vendors in this market research report. The graphite electrode market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

This graphite electrode market report further entails segmentation by product (UHP graphite electrode, HP graphite electrode, and RP graphite electrode) and geography (APAC, Europe, North America, South America, and MEA). The available actionable insights on the segmentations in this report will enable a better understanding of the target audience and changing demand patterns.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. The graphite electrode market further offers well-structured marketing strategies to overcome the negative post-COVID-19 impact, if any, on each product and service segment.

Which are the Key Regional Markets for Graphite Electrode Market?


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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. From the statistical study of the geographic landscape, you can interpret and understand the competitive intelligence and regional opportunities in store for vendors for 2021-2025.

75% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for graphite electrodes in the region. This report provides estimations of the contribution of all regions to the growth of the graphite electrode market size.


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What are the Key Factors Covered in this Graphite Electrode Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive graphite electrode market growth during the next five years
  • Precise estimation of the graphite electrode market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the graphite electrode industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of graphite electrode market vendors

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Graphite Electrode Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 2.61%

Market growth 2021-2025

212.67 th MT

Market structure


YoY growth (%)


Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 75%

Key consumer countries

China, India, Japan, Germany, and US

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Agilent Technologies Inc., Ameri-Source Specialty Products, Brothers International Ltd., EPM Group, Fangda Carbon New Material Co. Ltd., HEG Ltd., Nippon Carbon Co. Ltd., SHOWA DENKO K.K., Tokai Carbon Co. Ltd., and Weaver Industries Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio 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 sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • 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



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


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The graphite electrode market growth will increase by $182.85 thousand MT during 2019-2024.
The graphite electrode market is expected to grow at a CAGR of 1.87% during 2019-2024.
Technavio has segmented the graphite electrode market by product by volume (UHP graphite electrode, HP graphite electrode, and RP graphite electrode) and geographic (APAC, Europe, North America, South America, and MEA).
Agilent Technologies Inc., Ameri-Source Specialty, EPM Group, Fangda Carbon New, HEG Ltd., Nippon Carbon Co. Ltd., SHOWA DENKO K.K., SINOMINERAL NEW MATERIAL Corp.., Tokai Carbon Co. Ltd., Weaver Industries Inc. are a few of the key vendors in the graphite electrode market.
APAC will register the highest growth rate of 78.52% among the other regions. Therefore, the graphite electrode market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the graphite electrode market growth are:
  • Increased demand for high-quality steel
  • Growing preference for EAF
The graphite electrode market vendors should focus on grabbing business opportunities from the uhp graphite electrode segment as it accounted for the largest market share in the base year.
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