The global graphite electrode market size accounted for USD 16.13 billion in 2024, grew to USD 16.84 billion in 2025, and is expected to be worth around USD 24.81 billion by 2034, registering a healthy CAGR of 4.4% between 2024 and 2034. The Asia Pacific graphite electrode market size is predicted to increase from USD 7.42 billion in 2024 and is estimated to grow at the fastest CAGR of 4.51% during the forecast year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Graphite Electrode Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Graphite Electrode Market Revenue and Volume, by Electrode Grade, 2024-2034
8.1.1 Ultra-High Power
8.1.1.1. Market Revenue and Volume Forecast (2021-2034)
8.1.2. High Power
8.1.2.1. Market Revenue and Volume Forecast (2021-2034)
8.1.3. Regular Power
8.1.3.1. Market Revenue and Volume Forecast (2021-2034)
9.1. Graphite Electrode Market Revenue and Volume, by Raw Material, 2024-2034
9.1.1. Petroleum Coke
9.1.1.1. Market Revenue and Volume Forecast (2021-2034)
9.1.2. Needle Coke
9.1.2.1. Market Revenue and Volume Forecast (2021-2034)
9.1.3. Pitch Coke
9.1.3.1. Market Revenue and Volume Forecast (2021-2034)
9.1.4. Coal Tar Pitch
9.1.4.1. Market Revenue and Volume Forecast (2021-2034)
9.1.5. Others
9.1.5.1. Market Revenue and Volume Forecast (2021-2034)
10.1. Graphite Electrode Market Revenue and Volume, by Application, 2024-2034
10.1.1. Electric Arc Furnace
10.1.1.1. Market Revenue and Volume Forecast (2021-2034)
10.1.2. Ladle Furnace
10.1.2.1. Market Revenue and Volume Forecast (2021-2034)
10.1.3. Others
10.1.3.1. Market Revenue and Volume Forecast (2021-2034)
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.1.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.1.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.1.4.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.1.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.1.5.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.1.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.2.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.2.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.2.4.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.2.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.2.5.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.2.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.2.6.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.2.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.2.7.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.2.7.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.3.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.3.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.3.4.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.3.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.3.5.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.3.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.3.6.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.3.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.3.7.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.3.7.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.4.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.4.4.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.4.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.4.5.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.4.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.4.6.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.4.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.4.7.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.4.7.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.5.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.5.4.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.5.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Electrode Grade (2021-2034)
11.5.5.2. Market Revenue and Volume Forecast, by Raw Material (2021-2034)
11.5.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)
12.1. Graphite India Limited
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Nippon Carbon Co Ltd.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Fangda Carbon New Material Co., Ltd.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. GrafTech International
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Dan Carbon
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. HEG Limited
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Kaifeng Pingmei New Carbon Materials Technology Co., Ltd.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Nantong Yangzi Carbon Co. Ltd.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. EPM Group
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Resonac Holdings Corporation
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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