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.
Factors driving the global graphite electrodes market are listed below.
Steady increase in steel production through the EAF method
No substitute of graphite electrode in EAF steel production
Supply crunch owing to the limited production capacity of needle coke and graphite electrode