LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global graphite electrodes market report until 2020. This research report also lists five other prominent vendors that are expected to impact the market during the forecast period.
Globally, the electric arc furnace (EAF) steel production was 405.94 million metric tons in 2015, representing 25% of the total world’s steel production. The EAF steel production capacity utilization rate follows the trend of overall steel industry. However, the use of blast furnace for steel production has increased, as coal and iron ore prices have declined faster than the price of scrap steel metal.
Competitive vendor landscape
According to the report, the global graphite electrode market is highly competitive with the presence of several global and regional vendors. There is high competition among vendors, which has resulted in lowered prices and anti-dumping duty act in WTO member countries. On the contrary, the demand for graphite electrode has increased over the few years, leading to increased usage in EAF for steel scrap and metal melting processes. This has further intensified the competition among the vendors.
“The market vendors faced a threat from Chinese graphite electrode producers that were exporting products at relatively lower rates. Increasing export will influence margins for domestic and local vendors. However, the implementation of anti-dumping duty and the scarcity of raw materials for graphite electrodes will impact the steel melting industry for steel production,” says Chandrakumar Badala Jaganathan, a lead metals and minerals research analyst from Technavio.
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Top five graphite electrodes market vendors
GrafTech International
GrafTech International was founded in 1886 and is headquartered in Parma, Ohio, US. The company’s product offering includes graphite electrodes, refractory systems, advanced composite materials, needle coke products, and advanced graphite materials. The company provides its products and services to the oil and gas exploration, metal production, chemicals, aerospace, electronics, and transportation sectors.
The company operates in a number of countries including Mexico, South Africa, Brazil, Hong Kong, France, Italy, Switzerland, Spain, Canada, the UK, and China. It operates as an indirect wholly-owned subsidiary of Brookfield Asset Management, a global alternative asset management company.
GrafTech, through its industrial materials segment, provides graphite electrodes for usage in EAF steel production. It is also used to refine steel in ladle furnaces as well as in other smelting processes. The company provides UCAR grade AGX UHP graphite electrodes and AGX grade supersized graphite electrodes with diameter range of 700 mm-750 mm.
Graphite India
Graphite India Limited (GIL) was established in 1967 in collaboration with Great Lakes Carbon Corp (GLCC), US. It is headquartered in Kolkata, West Bengal, India. The company is engaged in the manufacturing of graphite electrodes and miscellaneous graphite products and waterproof graphite equipment and spares. It carries out business operations through three segments — graphite and carbon, steel, and others. It manages production facilities with a total capacity of 98,000 tons per annum, located across India and one in Nuremberg, Germany.
Steel: This segment is engaged in the production of steel and alloy steel through its division, Powmex Steels. It operates a manufacturing plant at Titlagarh, Orissa, India, for high-speed steel and alloy steel products. These high-speed steel products are used in the production of cutting tools like reamers, hobs, broaches, drills, taps, milling cutters, and special form tools.
SGL Carbon
SGL Carbon, together with its subsidiaries, is a manufacturer of carbon and graphite products. It supplies carbon-based products to a wide range of industries from traditional industrial sectors to new future high-growth areas. The company operates through four segments, namely, Performance Products, Graphite Specialties, Carbon Fibers & Materials, and Corporate & Others. Its product offering includes graphite and carbon electrodes, cathodes and furnace linings, equipment solutions and services, process solutions, fine grain graphite, expanded graphite, carbon fibers, and composite materials and components.
Graphite Materials and System (GMS): This segment involves in the manufacture and distribution of coarse and fine-grain graphite and natural graphite to various industries like chemical, automotive, semiconductor lithium-ion battery, high-temperature processes, tool manufacturing, and power.
Showa Denko Carbon
Showa Denko Carbon was founded in 1982, and is headquartered in Ridgeville, South Carolina, US. The company manufactures synthetic graphite for a number of end-user industries. These graphite products are used for variety of industrial applications, like for automotive friction materials and EAF steel production. The company’s product offering includes porous carbon bipolar plates, graphite composite bipolar plates, impervious carbon composite plates for phosphoric acid fuel cells, and gas diffusion layers for proton exchange membrane fuel cells.
Showa Denko Carbon provides graphite electrode and granular graphite for use in EAF for steel production. It offers high-quality large diameter and ultra-high powered graphite electrodes for consistent performance. In addition, the company uses customer information for improving production process and product characteristics.
Nippon Carbon
Nippon Carbon was established in 1915, and is headquartered in Chuo-ku, Tokyo, Japan. The company is involved in the manufacture and marketing of carbon products. It carries out business operations through three segments — carbon, real estate, and others. Its product offering consists of carbon fiber products, specialty carbon, artificial graphite electrodes, silicon carbide continuous fiber, and battery materials. The company operates R&D facilities to explore new applications and technologies for diverse end markets.
Carbon: This segment carries out the production, processing, and marketing of carbon products, including artificial graphite electrodes, isotropic high purity graphite, impervious graphite, general carbon fiber and graphitic fiber, lithium-ion battery negative-electrode materials, and graphite products for equipment.
The other prominent vendors are:
| HEG |
| Kaifeng Carbon |
| Nantong Yangzi Carbon |
| Schutz Carbon Electrodes |
| Tokai Carbon |
Source: Technavio
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