石墨電極市場:成長、趨勢、COVID-19影響、預測 (2022∼2027年)

石墨電極的市場規模預計從2020年的44億3,149萬美元，在預測期間中以6.5％以上的年複合成長率成長。

短期性中，新興國家的鋼鐵生產增加，及中國的鐵廢料的可用性增加預計牽引在預測期間內的需求。以及中國的電爐技術中鋼鐵生產增加也成為今後的市場良機。

本報告提供全球石墨電極的市場調查，市場概要，市場影響因素的分析，市場規模的變化、預測，各種區分、各地區/主要國家的明細，主要企業的簡介，未來展望等彙整資料。

目錄

第1章 簡介

第2章 調查手法

第3章 摘要整理

第4章 市場動態

• 促進因素
• 阻礙因素
• 產業的價值鏈分析
• 波特的五力分析

第5章 市場分類 (數量、金額)

• 電極各等級
  • 超高功率 (UHP)
  • 高功率 (SHP)
  • 正常大小輸出 (RP)
• 各用途
  • 電弧爐
  • 轉爐
  • 非鋼用途
• 各地區
  • 亞太地區
  • 北美
  • 歐洲
  • 南美
  • 中東、非洲

第6章 競爭情形

• M&A、合資企業、聯盟、契約
• 市場佔有率分析
• 主要企業的策略
• 企業簡介
  • EPM Group
  • Fangda Carbon New Material Technology Co. Ltd
  • GrafTech International
  • Graphite India Limited
  • HEG Limited
  • Jilin Carbon Co. Ltd
  • Kaifeng Pingmei New Carbon Material Technology Co. Ltd
  • Nantong Yangzi Carbon Co. Ltd
  • Nippon Carbon Co. Ltd
  • SANGRAF International Inc.
  • SEC CARBON LIMITED
  • SHOWA DENKO KK
  • Tokai Carbon Co. Ltd

第7章 市場機會、未來趨勢

• 中國的EAF技術的鋼鐵生產增加

The graphite electrodes market was valued at USD 4,431.49 million in 2020, and the market is projected to register a CAGR of over 6.5% during the forecast period (2021-2026). The primary raw material used for the production of graphite electrodes is needle coke (either petroleum-based or coal-based).

Due to the COVID-19 impact in the first half of 2020, the global steel industry is in a disastrous situation, far worse than anything experienced since the beginning of this millennium, with serious implications for domestic steelmakers. The global steel production declined by 6% in the first half of 2020, to nearly 877 million metric ton, according to Worldsteel. With the decline in steel production, the demand for graphite electrodes was significantly affected in 2020.

Key Highlights

• In the short term, the rising production of steel in emerging countries and the rising availability of steel scrap in China are expected to drive the demand in the market during the forecast period.
• The rising production of steel through electric arc furnace technology in China is expected to act as an opportunity for the market in the future.
• The Asia-Pacific region is expected to dominate the market due to China's strong demand at a global level.

Key Market Trends

Increasing Production of Steel through Electric Arc Furnace Technology

• Electric arc furnace takes steel scrap, DRI, HBI (hot briquetted iron, which is compacted DRI), or pig iron in solid form and melts them to produce steel. In the EAF route, electricity provides the power to melt the feedstock.
• Graphite electrode is primarily used in the electric arc furnace (EAF) steelmaking process to melt steel scrap. Electrodes are made of graphite because of their ability to withstand high temperatures. In EAF, the tip of the electrode can reach 3,000º Fahrenheit, which is half the temperature of the surface of the sun. The size of electrodes varies widely, from 75mm in diameter, to as large as 750mm in diameter, and up to 2,800mm in length.
• The price surge of graphite electrodes pushed up EAF mills' costs. An average EAF is estimated to consume approximately 1.7 kg of graphite electrodes to produce one metric ton of steel.
• The price surge is attributed to industry consolidation globally, capacity shutdown in China, following environmental regulation, and the growth of EAF production globally. This is estimated to increase the production cost of EAF by 1-5%, depending on the mill's procurement practices, and this is likely to restrict steel production, as there is no substitute for a graphite electrode in EAF operations.
• Additionally, China's policies to tackle air pollution have been reinforced by strong supply curbs for not only the steel sector but also coal, zinc, and other sectors that generate particulate pollution. As a result, Chinese steel production has drastically declined over the past years. However, this is expected to have a positive impact on steel prices and steel mills in the region, to enjoy better margins.
• All the aforementioned factors are expected to drive the graphite electrode market during the forecast period.

Asia-Pacific Region to Dominate the Market

• The Asia-Pacific region dominated the global market share. China occupies the largest share in terms of consumption and production capacity of graphite electrodes in the global scenario.
• China is the largest steel producer in the world. Even though the COVID-19 outbreak has taken a toll on global crude steel production, the Chinese steel industry showed significant recovery in 2020. The overall crude steel production increased by 5.89% and reached 1,054.4 million metric ton in 2020 from 2019.
• Additionally, China has introduced a new regulation on pollutant discharge permits, which came into effect on March 1, 2021. Thus, this is likely to boost the EAF steel production trend in the country.
• The operating rate for UHP grade in China has not experienced any significant changes. However, the non-UHP grade has seen a significant decline, as it reported to be ~47.5% in 2020 from ~65.7% in 2019.
• All the above-mentioned factors, in turn, are expected to increase the demand for graphite electrodes in the region during the forecast period.

Competitive Landscape

The graphite electrode market is partially consolidated with the top six players accounting for over 45% of the total market. In terms of market share, a few of the major players currently dominate the market. Key players in the graphite electrode market include Fangda Carbon New Material Technology Co. Ltd, GrafTech International, Graphite India Limited, Jilin Carbon Co. Ltd, and SHOWA DENKO K.K., among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

• 4.1 Drivers
  • 4.1.1 Strong Growth in Steel Production in Emerging Countries
  • 4.1.2 Rising Availability of Steel Scrap in China
• 4.2 Restraints
  • 4.2.1 Impact of COVID-19
  • 4.2.2 Other Restraints
• 4.3 Industry Value Chain Analysis
• 4.4 Porter's Five Forces Analysis
  • 4.4.1 Bargaining Power of Suppliers
  • 4.4.2 Bargaining Power of Buyers
  • 4.4.3 Threat of New Entrants
  • 4.4.4 Threat of Substitute Products and Services
  • 4.4.5 Degree of Competition

5 MARKET SEGMENTATION (Market Size in Volume and Value)

• 5.1 Electrode Grade
  • 5.1.1 Ultra High Power (UHP)
  • 5.1.2 High Power (SHP)
  • 5.1.3 Regular Power (RP)
• 5.2 Application
  • 5.2.1 Electric Arc Furnace
  • 5.2.2 Basic Oxygen Furnace
  • 5.2.3 Non-steel Application
• 5.3 Geography
  • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
  • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Mexico
    • 5.3.2.3 Canada
  • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Italy
    • 5.3.3.4 France
    • 5.3.3.5 Rest of Europe
  • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
  • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
• 6.2 Market Share Analysis
• 6.3 Strategies Adopted by Leading Players
• 6.4 Company Profiles
  • 6.4.1 EPM Group
  • 6.4.2 Fangda Carbon New Material Technology Co. Ltd
  • 6.4.3 GrafTech International
  • 6.4.4 Graphite India Limited
  • 6.4.5 HEG Limited
  • 6.4.6 Jilin Carbon Co. Ltd
  • 6.4.7 Kaifeng Pingmei New Carbon Material Technology Co. Ltd
  • 6.4.8 Nantong Yangzi Carbon Co. Ltd
  • 6.4.9 Nippon Carbon Co. Ltd
  • 6.4.10 SANGRAF International Inc.
  • 6.4.11 SEC CARBON LIMITED
  • 6.4.12 SHOWA DENKO K.K.
  • 6.4.13 Tokai Carbon Co. Ltd

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

• 7.1 Rising Production of Steel through EAF Technology in China