Market Overview:
The United States graphite electrodes market is expected to exhibit a CAGR of 5.48% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Graphite electrodes are primarily used in electric arc furnaces (EAF) for manufacturing steel. They are made up of petroleum needle coke and coal tar pitch. Since graphite exhibits enhanced durability, scalability, high thermal conductivity, and low electrical resistance, these electrodes are widely used for multiple applications across diverse sectors.
United States Graphite Electrodes Market Trends:
The market in the United States is majorly driven by considerable growth in the automotive sector. This, along with the increasing manufacturing of electric vehicles (EVs) across the country, is significantly contributing to the market growth. Furthermore, the rising product demand in the production of lithium-ion (Li-ion) batteries is positively influencing the market growth. Moreover, the escalating demand for anti-corrosive products in the oil and gas sector is further propelling the market growth. Additionally, the widespread adoption of ultra-high power graphite electrodes for recycling steel in EAF is providing a boost to market growth since these product variants are characterized by low electrical resistivity, high-temperature resistance, higher thermal and electrical conductivity, and ultra-high bending resistance.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States graphite electrodes market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type and application.
Breakup by Product Type:
- Ultra-high Power (UHP)
- High Power (HP)
- Regular Power (RP)
Breakup by Application:
- Electric Arc Furnace
- Ladle Furnace
- Non-Steel Application
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Product Type, Application, Region |
| Region Covered |
Northeast, Midwest, South, West |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States graphite electrodes market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States graphite electrodes market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States graphite electrodes market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 United States Graphite Electrodes Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Ultra-high Power (UHP)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 High Power (HP)
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Regular Power (RP)
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Electric Arc Furnace
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Ladle Furnace
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Non-Steel Application
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Region
8.1 Northeast
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Midwest
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 South
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 West
8.4.1 Market Trends
8.4.2 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Policy and Regulatory Landscape
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
List of Figures
Figure 1: United States: Graphite Electrodes Market: Major Drivers and Challenges
Figure 2: United States: Graphite Electrodes Market: Sales Value (in Million US$), 2016-2021
Figure 3: United States: Graphite Electrodes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: United States: Graphite Electrodes Market: Breakup by Product Type (in %), 2021
Figure 5: United States: Graphite Electrodes Market: Breakup by Application (in %), 2021
Figure 6: United States: Graphite Electrodes Market: Breakup by Region (in %), 2021
Figure 7: United States: Graphite Electrodes (Ultra-high Power (UHP)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: United States: Graphite Electrodes (Ultra-high Power (UHP)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: United States: Graphite Electrodes (High Power (HP)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: United States: Graphite Electrodes (High Power (HP)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: United States: Graphite Electrodes (Regular Power (RP)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: United States: Graphite Electrodes (Regular Power (RP)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: United States: Graphite Electrodes (Electric Arc Furnace) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: United States: Graphite Electrodes (Electric Arc Furnace) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: United States: Graphite Electrodes (Ladle Furnace) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: United States: Graphite Electrodes (Ladle Furnace) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: United States: Graphite Electrodes (Non-Steel Application) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: United States: Graphite Electrodes (Non-Steel Application) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Northeast: Graphite Electrodes Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Northeast: Graphite Electrodes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Midwest: Graphite Electrodes Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Midwest: Graphite Electrodes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: South: Graphite Electrodes Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: South: Graphite Electrodes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: West: Graphite Electrodes Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: West: Graphite Electrodes Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: United States: Graphite Electrodes Industry: SWOT Analysis
Figure 28: United States: Graphite Electrodes Industry: Value Chain Analysis
Figure 29: United States: Graphite Electrodes Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: United States: Graphite Electrodes Market: Key Industry Highlights, 2021 and 2027
Table 2: United States: Graphite Electrodes Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: United States: Graphite Electrodes Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: United States: Graphite Electrodes Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: United States: Graphite Electrodes Market: Competitive Structure
Table 6: United States: Graphite Electrodes Market: Key Players