Market Overview:
The global ultra high power (UHP) graphite electrodes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for steel and electrical products, globally. Additionally, the growing industrialization and urbanization in developing countries are also contributing to the growth of the global UHP graphite electrodes market. Based on type, 99.8% fixed carbon segment is expected to hold a major share of the global UHP graphite electrodes market during the forecast period from 2018 to 2030. This can be attributed to its properties such as low ash content and good thermal stability that make it suitable for use in various applications such as steel industry and electrical industry among others.
 Graphite Electrodes Industry Outlook.svg)
Product Definition:
Ultra high power (UHP) graphite electrodes are used to manufacture high-power electric arc furnace (EAF) melting steel. The electrodes must be able to withstand the intense heat and electrical current without breaking or deteriorating, and therefore require a very strong and durable material. UHP graphite electrodes can handle significantly more current than traditional graphite electrodes, allowing for higher melting speeds and greater productivity.
99.8% Fixed Carbon:
Fixed carbon, also known as heavy carbon is a black solid material that has high heat and chemical resistance. It is produced when organic materials are exposed to extreme heat or fire; the process of fixation means exposure to extreme heat or fire. Fixed carbon can be manufactured by various methods including pyrolysis ( heating charcoal to very high temperatures), gasification (heating organic materials in the presence of oxygen) andurnovation method (removal of impurities from coal).
99.9% Fixed Carbon:
Fixed carbon is also known as heavy black solid. It is a form of carbon that has been processed to remove the last traces of impurities. Fixed carbon exhibits superior properties such as high thermal stability, chemical inertness and electrical resistance at very high temperatures.
It can be manufactured by several processes including pyrolysis (the decomposition of organic compounds), partial combustion and total combustion among others.
Application Insights:
The steel industry was the largest application segment in 2017 and accounted for a market share of more than 40% in terms of volume. The product is used as anode material in the electrochemical cell that converts hydrogen into electricity at high efficiency. Ultra-high power graphite electrodes are used across multiple applications including water electrolysis, fuel cells, and steel production.
Electrical industry segment is expected to grow at CAGR exceeding 7% from 2018 to 2030 owing to rising demand for UHP graphite electrode products from various end-use industries such as energy storage, wind turbines, solar panels manufacturing among others. Increasing R&D activities pertaining to renewable energy sources coupled with government initiatives aimed at reducing carbon emissions will drive the electrical industry thereby supporting product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is likely to witness significant growth over the coming years. This can be attributed to increasing demand from end-use industries such as steel, automotive, construction, electrical etc.
The Asia Pacific UHP graphite electrodes market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing high industrial growth rate coupled with rapid urbanization across emerging economies such as China India Japan South Korea Indonesia Thailand Vietnam etc., which will result into an increased energy requirement for industrial production activities thereby driving product demand across this region.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for UHP graphite electrodes, as they are used in the manufacturing of electric vehicle batteries.
- Growing investments in renewable energy: Governments and private investors are increasingly investing in renewable energy sources such as solar and wind power. This is expected to drive the growth of the UHP graphite electrodes market, as these electrodes are used in solar and wind power plants.
- Rising demand from Asia-Pacific: The Asia-Pacific region is currently the fastest-growing market for UHP graphite electrodes. This can be attributed to factors such as rising industrialization, growing population, and increasing disposable income levels in countries such as China and India.
- Technological advancements: Graphite electrode manufacturers are constantly innovating their products to meet the changing needs of their customers. For instance, some manufacturers have started offering products that can withstand high temperatures up to 1,500 degrees Celsius without losing their performance or quality characteristics..This will help them gain a larger share of the global UHP graphite electrode market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultra High Power (UHP) Graphite Electrodes Market Research Report
By Type
99.8% Fixed Carbon, 99.9% Fixed Carbon, Other
By Application
Steel Industry, Electrical Industry, Others
By Companies
GrafTech, SGL Carbon, Fangda Carbon, Showa Denko, Jilin Carbon, Graphite India Limited, Tokai Carbon, HEG, Nippon Carbon, Energoprom Group, SEC Carbon, Yangzi Carbon, Shida Carbon, Toray Carbon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Ultra High Power (UHP) Graphite Electrodes Market Report Segments:
The global Ultra High Power (UHP) Graphite Electrodes market is segmented on the basis of:
Types
99.8% Fixed Carbon, 99.9% Fixed Carbon, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Steel Industry, Electrical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GrafTech
- SGL Carbon
- Fangda Carbon
- Showa Denko
- Jilin Carbon
- Graphite India Limited
- Tokai Carbon
- HEG
- Nippon Carbon
- Energoprom Group
- SEC Carbon
- Yangzi Carbon
- Shida Carbon
- Toray Carbon
 Graphite Electrodes Market Overview.svg)
Highlights of The Ultra High Power (UHP) Graphite Electrodes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 99.8% Fixed Carbon
- 99.9% Fixed Carbon
- Other
- By Application:
- Steel Industry
- Electrical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ultra High Power (UHP) Graphite Electrodes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Graphite Electrodes Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ultra High Power (UHP) Graphite Electrodes are electrodes made from high-quality graphite that is processed to have a very high electrical conductivity. This makes them ideal for applications that require a high level of power, such as electric vehicles and energy storage systems.
Some of the key players operating in the ultra high power (uhp) graphite electrodes market are GrafTech, SGL Carbon, Fangda Carbon, Showa Denko, Jilin Carbon, Graphite India Limited, Tokai Carbon, HEG, Nippon Carbon, Energoprom Group, SEC Carbon, Yangzi Carbon, Shida Carbon, Toray Carbon.
The ultra high power (uhp) graphite electrodes market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ultra High Power (UHP) Graphite Electrodes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ultra High Power (UHP) Graphite Electrodes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ultra High Power (UHP) Graphite Electrodes Market - Supply Chain
4.5. Global Ultra High Power (UHP) Graphite Electrodes Market Forecast
4.5.1. Ultra High Power (UHP) Graphite Electrodes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ultra High Power (UHP) Graphite Electrodes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ultra High Power (UHP) Graphite Electrodes Market Absolute $ Opportunity
5. Global Ultra High Power (UHP) Graphite Electrodes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Type
5.3.1. 99.8% Fixed Carbon
5.3.2. 99.9% Fixed Carbon
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ultra High Power (UHP) Graphite Electrodes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Application
6.3.1. Steel Industry
6.3.2. Electrical Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ultra High Power (UHP) Graphite Electrodes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ultra High Power (UHP) Graphite Electrodes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ultra High Power (UHP) Graphite Electrodes Demand Share Forecast, 2019-2026
9. North America Ultra High Power (UHP) Graphite Electrodes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Application
9.4.1. Steel Industry
9.4.2. Electrical Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Type
9.7.1. 99.8% Fixed Carbon
9.7.2. 99.9% Fixed Carbon
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ultra High Power (UHP) Graphite Electrodes Demand Share Forecast, 2019-2026
10. Latin America Ultra High Power (UHP) Graphite Electrodes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Application
10.4.1. Steel Industry
10.4.2. Electrical Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Type
10.7.1. 99.8% Fixed Carbon
10.7.2. 99.9% Fixed Carbon
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ultra High Power (UHP) Graphite Electrodes Demand Share Forecast, 2019-2026
11. Europe Ultra High Power (UHP) Graphite Electrodes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Application
11.4.1. Steel Industry
11.4.2. Electrical Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Foecast by Type
11.7.1. 99.8% Fixed Carbon
11.7.2. 99.9% Fixed Carbon
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ultra High Power (UHP) Graphite Electrodes Demand Share, 2019-2026
12. Asia Pacific Ultra High Power (UHP) Graphite Electrodes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Application
12.4.1. Steel Industry
12.4.2. Electrical Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Type
12.7.1. 99.8% Fixed Carbon
12.7.2. 99.9% Fixed Carbon
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ultra High Power (UHP) Graphite Electrodes Demand Share, 2019-2026
13. Middle East & Africa Ultra High Power (UHP) Graphite Electrodes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Application
13.4.1. Steel Industry
13.4.2. Electrical Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ultra High Power (UHP) Graphite Electrodes Market Size and Volume Forecast by Type
13.7.1. 99.8% Fixed Carbon
13.7.2. 99.9% Fixed Carbon
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ultra High Power (UHP) Graphite Electrodes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ultra High Power (UHP) Graphite Electrodes Market: Market Share Analysis
14.2. Ultra High Power (UHP) Graphite Electrodes Distributors and Customers
14.3. Ultra High Power (UHP) Graphite Electrodes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GrafTech
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SGL Carbon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fangda Carbon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Showa Denko
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jilin Carbon
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Graphite India Limited
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tokai Carbon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HEG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nippon Carbon
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Energoprom Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SEC Carbon
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yangzi Carbon
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shida Carbon
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Toray Carbon
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
