Graphite is a form of carbon which is low bonding carbon compound. Under high temperature and pressure Wholesale NFL Jerseys Free Shipping , it will convert into diamond and Dimond is high bond carbon compound. And in other hand Electrode is an electrical conductor used to contact a nonmetallic part of a circuit. So now you understand When a conductor is made by Graphite is called Graphite Electrode. Example of Graphite Electrode is Welding rod use for Iron Welding.
By Hexaresearch Report The global graphite electrode market is expected to grow on account of its increasing use for the production of steel. The Asia Pacific emerged as the fastest growing market and is projected to continue dominating as a result of the presence of robust steel manufacturers. The usage of a graphite electrode has increased due to rigorous competition in the steel industry.
Rapid steel production and increasing spending on infrastructure in developing economies across the globe are expected to boost the demand for high-grade steel that is manufactured using electric arc furnaces (EAF). Adoption of advanced technology for steel production with the purpose of saving time and energy is expected to augment the demand for graphite electrodes.
The demand for electric arc furnace is expected to grow significantly as it offers several advantages such as production flexibility and low CO2 emission. It also saves raw material and energy due to its efficiency. The segment is likely to grow at a 4.1% CAGR over the projected period.
Graphite electrodes offer excellent thermal resistance and high current carrying capacity which makes them a suitable choice in electric arc furnaces (EAF) steel, refinement of steel and similar smelting processes. Besides EAF and LF, graphite electrodes are also used for electrolytic aluminum smelting and electrical discharge machining (EDM). The development of these non-steel applications is also anticipated to provide an opportunity for market growth over the forecast period.
Ultra-high-power graphite electrode is expected to grow at the highest volume CAGR of 4.1% over the forecast period. Despite the high price of the product, the demand for these products is anticipated to be high in line with the rising demand for superior steel quality in various niche applications within the aerospace Wholesale NFL Jerseys China , automotive and electronics sectors.
A specially prepared flux pitch used in graphite electrodes helps to increase the durability and density of the final product. Ultra-high bending resistance, low electrical resistivity, and high-temperature resistance properties will increase the demand for UHP graphite electrode over the forecast period. In compliance with the driving factors, companies are focusing on mergers & acquisitions and capacity upgrades to expand their presence in the global market. For instance Wholesale NFL Jerseys , in January 2014, Kaifeng Carbon Co., Ltd.鈥檚 completed its Phase II expansion and can produce 50,000 tons of UHP graphite electrodes.

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Hexa Research is a market research and consulting organization Wholesale Jerseys Free Shipping , offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. For more details visit: Total Views: 12Word Count: 459See All articles From Author
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