Graphite Electrodes Market Forecast, Trends and Industry Analysis, 20 Graphite Electrodes Market | Page 5

KEY FINDINGS OF GLOBAL GRAPHITE ELECTRODES MARKET, 2016-2024 ▰ The global graphite electrode market is witnessing a faster rising price trend of raw materials as compared to the finished good. ▰Developed nations such as India and Middle East have the highest exposure to EAF route, which in turn is expected to offer humongous opportunities for the market growth in these region. ▰Market players are focusing on mergers and acquisitions, in order to attain large share of the global market and become the market leader. ▰North America led the global graphite electrodes market, in terms of consumption, by holding 30% of the total share. 5