Graphite Electrode Market Size, Share, Trend, Forecast & Competitive Analysis: 2019-2024
The global graphite electrode market is projected to grow at a healthy rate over the next five years to reach US$ 15.3 billion in 2024. Graphite electrode (GE) is an essential component of steel production through the electric arc furnace (EAF) method. After five years of downcycle, the demand for graphite electrode started emerging in 2016 with the increased production of steel through the EAF method.