Los Angeles, CA -- (SBWire) -- 04/30/2019 --Electrode Paste also known as Soderberg Electrode Paste made from mix of fractions of Calcined Petroleum Coke (CPC) or Electrically Calcined Anthracite Coal (ECA coal) mixed with Coal Tar Pitch as Binder and Anthracene Oil at a predetermined temperature. It is used as conductor in sub merged arc furnace under self-Baking process while manufacturing different types of Ferro Alloys and Calcium Carbides.
The industry is relatively concentration, the key brand include Elkem, Yangguang Carbon, Jinli Carbon, Danyuan Carbon, Ukrainskiy Grafit, VUM, Rheinfelden Carbon, Graphite Asia Other, Asia Other Carbon, Redox, Eastem Electrodes & Coke, Dakang Fine Chemical, GongYi Sanjing, Hisea Energy, Ningxia TLH Group, Carbon Resources and so on. Among them, Elkem and Yangguang Carbon are the leaders of this market with about 70% revenue share. Other companies are much smaller.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. There hardly to have obvious technology breakthrough except deeper system function integration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
On the other side, there are some factors which are responsible to hinder the growth of global Electrode Paste market, one of them is the environmental requirements.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions' unfair methods of competition.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The global Electrode Paste market was 260 million US$ in 2018 and is expected to 340 million US$ by the end of 2025, growing at a CAGR of 3.5% between 2019 and 2025.
This report studies the Electrode Paste market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Electrode Paste in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Elkem
Yangguang Carbon
Jinli Carbon
Danyuan Carbon
Ukrainskiy Grafit
VUM
Rheinfelden Carbon
Graphite India
India Carbon
Redox
Eastem Electrodes & Coke
Dakang Fine Chemical
GongYi Sanjing
Hisea Energy
Ningxia TLH Group
Carbon Resources
By the product type, the market is primarily split into
Briquette Type
TrapeziumType
Cylindrical (Cylinder) Type
By the end users/application, this report covers the following segments
Ferro Alloy
Calcium Carbide
Metal Cleaning Process
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Electrode Paste Market Growing at 3.5% CAGR Will Hit 340 Million US$ in 2025