STEEL + TECHNOLOGY 04/2019 EXTRACT

PANORAMA | 85
industry is projected to grow at a healthy
rate over the next five years to reach US$
15.3 billion in 2024. Steady increase in
steel production through the EAF method,
no substitute of graphite electrode in
EAF steel production, and supply crunch
owing to the limited production capacity
of needle coke and graphite electrode are
some of the factors propelling the demand
for graphite electrodes in the metal industry.
Based on the product type, the market
is segmented as ultra-high power (UHP),
high power (HP), and regular power (RP).
UHP is expected to remain the most dominant
as well as the fastest-growing electrode
type during the forecast period.
Higher durability, higher thermal resistance,
and superior quality are some of the
properties that are propelling the demand
for UHP graphite electrode, especially in
the steel industry. All the major global players
are primarily into the manufacturing of
UHP graphite electrodes.
Based on the application type, steel
manufacturing is currently dominating the
graphite electrode market and is expected
to maintain its dominance during the forecast
period. There has been a continuous
increase in the production of EAF steel
worldwide, which is the prime driver of the
demand for graphite electrodes. For
instance; in China, the share of steel production
through EAF increased from 6%
in 2016 to 9% in 2017 (still below the global
average of 46%, excluding China). The
government of China has set a target of
achieving 20% steel production through
EAF by 2020.
In terms of region, Asia-Pacific is
expected to remain the largest market
during the forecast period. China and
India are the largest and second-largest
steel producing countries through the
EAF method, globally. Furthermore,
among the leading players, five players
(Showa Denko K.K. (Japan), Fangda Carbon
New Material Co. Ltd. (China), Tokai
Carbon Co. Ltd. (Japan), Graphite India
Limited (India), and HEG Ltd. (India) are
based in Asia-Pacific.
The report also maps supply chain
including raw material suppliers, petroleum
needle coke manufacturers, graphite
electrode manufacturers, and end-users.
Showa Denko K.K., GRAFTech International,
Graphite India Limited (GIL), HEG Ltd.,
Tokai Carbon Co., Ltd., Energoprom, Fangda
Carbon New Material Co. Ltd., Sangraf
International, SEC Carbon, Limited, and
Nippon Carbon are some of the major players
in the market. Most of the major players
have a capacity expansion plan in order
to meet the growing demand for graphite
electrodes in the coming five years.
Stratview Research is a global market
intelligence firm providing wide range of
services including syndicated market
reports, custom research and sourcing
intelligence across industries, such as
Advanced Materials, Aerospace &
Defense, Automotive & Mass Transportation,
Consumer Goods, Construction &
Equipment, Electronics and Semiconductors,
Energy & Utility, Healthcare & Life
Sciences, and Oil & Gas. Stratview
Research is a trusted brand globally,
providing high quality research and
strategic insights that help companies
worldwide in effective decision making.
• Stratview Research, Detroit, MI/USA
THERMPROCESS China trade fair will premiere 2020 in Shanghai
Messe Düsseldorf expands its international
“Metals and Flow Technology”
portfolio
THERMPROCESS – the international trade
fair for thermal process technology – is heading
to China. As part of wire and Tube China
from 23 to 26 September 2020 in Shanghai,
Messe Düsseldorf Shanghai, together with
its Chinese and international partners, will be
organising a 500-square-metre pavilion dedicated
to the full range of thermal processing
technology. The Chinese market for this particular
segment of metallurgy is booming.
Imports to China from Germany alone
reached a new 5-year high in 2019, and
imports from the industrial nations Japan and
Italy are also increasing. “We have developed
the idea of placing individual brands from
Bright Worlds of Metals on selected international
markets and thereby adding an extra
event to our Metals and Flow Technologies
portfolio for some time now,” Gerrit Nawracala,
Deputy Director Global Portfolio Metals
and Flow Technologies, explains the background
to this strategic decision. “What is
more, with some 45,000 trade visitors and
around 1,650 exhibitors, wire and Tube China
is the ideal framework for this première.”
The initial feedback from the industry is
very positive. “There is a lot of interest in
the Chinese market on the part of our
THERMPROCESS exhibitors. Given that,
talks with our customers are as promising
as you would expect,” reports Jennifer
Dübelt, Senior Project Manager Messe
Düsseldorf. The full range of thermal processing
technologies will be presented in
China: suppliers of industrial furnaces,
industrial heating equipment as well as
plant engineering, drive technologies, fuel
technology, power and thermal engineering,
heat treatment and technology, heating
equipment, heat pumps and other accessories.
Further information are available at: http://
www.tubechina.net/en/exhibition/
TPChina.html
• Messe Düsseldorf
Over 330 exhibitors from all over the
world were showcasing their achievements
at the 12th THERMPROCESS, trade
fair and symposium for thermo process
technology, in Düsseldorf in June 2019
(Picture: Messe Düsseldorf)
STEEL + TECHNOLOGY 1 (2019) No. 4