Which region will generate highest demand for Global Graphite Electrode Rod Market by the end of forecast period 2031? – Explores Fact.MR study

Global Graphite Electrode Rod Market Study Provides Latest Intelligence on Growth in 2021 and Beyond

Global Global Graphite Electrode Rod supply-demand continues to be impacted by broader developments in the chemicals sector. The new Global Graphite Electrode Rod market research report outlines the key factors that will impact production, supply, and demand during the assessment period (2021 - 2031)
The study tracks Global Graphite Electrode Rod demand and sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study also analyzes the impact of COVID-19 on chemicals industry in general and Global Graphite Electrode Rod in particular.
How will Global Graphite Electrode Rod Sales Grow in 2021 and Beyond
The Global Graphite Electrode Rod industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies.
Overall, demand for Global Graphite Electrode Rod will be heavily influenced by broader developments in the chemicals sector. The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.
Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2021 with sales expected to be in the range of 15.5 million to 16 million.

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Housing is another key demand generator for chemicals sector. The record low mortgage rates have led to momentum in the US housing sector, but it will remain to be seen whether an increase subdues the enthusiasm.
The European chemical sector is also set to recover in 2021, after contracting by 2% in 2020. Recovery is likely to be sustained with a growth of 2% also expected in 2022.
Growth of chemicals sector in Asia Pacific will also contribute to overall recovery. The resurgence of a virulent variant in India has taken the sheen away from the recovery made in 2021, but other economies in the region continue to be on the path to recovery.
The chemical sector in Japan and South Korea is also shifting toward use of green chemicals. Regulation, combined with evolving demand of end-users, is creating a market scenario that is conducive to green chemicals.

Segmentation Analysis of Graphite Electrode Rod Market:
The global Graphite Electrode Rod divided into five segments: By Type, By Purity, By Applications, End-users and By Regions.

On the basis of product type, the Graphite Electrode Rod Market has been segmented as follows:
Regular Power (RP) Graphite Electrodes
High Power (HP) Graphite Electrodes
Ultra High Power (UHP) Graphite Electrodes
On the basis of purity, Graphite Electrode Rod Market has been segmented as follows:
2N
3N
4N
5N
5N5
6N
On the basis of applications, the Graphite Electrode Rod Market has been segmented as follows:
Electric ARC Furnace Steel
Phosphorus
Silicon
Others
On the basis of End-Users, Graphite Electrode Rod Market has been segmented as follows:
Semiconductors
Steel
Petroleum Industry
Automotive Industry
Others
On the basis of Regions, Graphite Electrode Rod Market has been segmented as follows:
North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia & Oceania (India, ASEAN, Australia and New Zealand, Rest of South Asia & Oceania)
The Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)

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Competitive Landscape
The Fact.MR study profiles the business, product and other key strategies of the leading Global Graphite Electrode Rod companies in detail. The competitive landscape section of the study tracks market leaders, incumbents, and aspirants, laying out a layered information model that readers can use.

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The Graphite Electrode Rod Regional Analysis Includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia & Oceania (India, ASEAN, Australia and New Zealand, Rest of South Asia & Oceania)
The Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)

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