Steel Consumption Climbs to 2.2 Billion Metric Tons by 2018, Global
Market for Carbon and Graphite to Exceed $9.1 Billion
FARMINGTON, Conn., Dec. 4, 2012 /PRNewswire-iReach/ -- Carbon and
graphite market prospects are heavily tied to the end-use
industries, including aluminum and steel. Primary aluminum
represents a major end-use industry for carbon and graphite
products. Aluminum demand has been increasing at a healthy pace
over the past few years. The increasing per capita steel
consumption in China and
India are primarily accelerating
the worldwide steel consumption. The healthy growth in aluminum and
steel end-use industries is expected to increase the consumption of
carbon and graphite products, in turn improving market
prospects.
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Graphite finds myriad traditional applications in brushes,
automotive parts, and lubricants. In near future, the market is
predicted to witness renewed demand from several industries in both
developing and developed countries. The vigorous demand could arise
on account of significant growth in carbon-based applications
including space exploration and computers. Graphite consumption is
growing in North America and in
developing Asian countries on account of modernization and
technological improvements in iron & steel and automotive
industries. The Asian markets are expected to emerge as key growth
drivers of graphite and carbon market and compensate for slower
growth in developed markets.
Global Information Inc (GII) presents three excellent market
research reports on the global carbon and graphite, steel, and
boron markets from our premium research partner Global Industry
Analysts, Inc.
Carbon and Graphite
The global market for carbon and graphite is forecast to exceed
$9.1 billion by the year 2018, encouraged by the improved demand
from major end-use industries post economic slowdown. Newer
application markets, intense competition and enhanced production
capacity will usher robust growth prospects. In particular, strong
demand for Graphite products from developing markets such as
China ensures positive outlook for
the Carbon and Graphite market in the long-term.
By product segment, Carbon and Graphite Electrodes dominates as
the largest market. Growth in graphite electrodes market is heavily
reliant on the steel industry. Compared to amorphous carbons,
graphite electrodes displaying greater operating performance,
higher corrosion & thermal-shock resistance have gained
popularity over the years. The graphite electrodes segment is also
poised to expand at a robust rate of over 4.3% through 2018.
Major players profiled in the report include Cabot Corporation,
Mersen, GrafTech International Ltd., HEG Ltd., Hexcel Corporation,
Mitsubishi Rayon Co., Ltd., GRAFIL Inc., Morgan Crucible Company
Plc, Orion Engineered Carbons LLC, SGL Carbon SE, Showa Denko K.K,
Toho Tenax Co., Ltd., Toray Industries Inc., and Zoltek Companies
Inc., among others.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/go136201-carbon-graphite.html
Steel
Driven by rising demand from developing countries that are
witnessing massive infrastructural and industrial development
activities, consumption in the global market for steel is projected
to reach 2.2 billion metric tons by 2018. While China continues to feel the heat of excess
capacity, Brazil on the other
hand, is threatened with premature deindustrialization defined as
the reduction in the contribution made by
heavymachinery/manufacturing industries towards a country's
economic growth. The gradual weakening of the clout of the domestic
manufacturing industry and its reducing share in the GDP is largely
because of the depreciation of the US dollar and the ensuing
strengthening of the domestic currency, together with low cost
imports from Asian countries. The implications for
deindustrialization for the steel industry include reduced demand,
heavy price competition as a result of low cost imports, reduced
profitability and haphazard development of supply chain and
distribution efficiencies.
Key players in the marketplace include Anshan Iron & Steel
Co., Ltd., ArcelorMittal, Baoshan
Iron & Steel Co., Ltd., Evraz Group S.A., Nizhniy Tagil
Iron and Steel Works, Novokuznetsk Iron and Steel Plant,
EvrazVítkovice Steel Gerdau S.A., Hebei Iron and Steel Group
Company Limited, JFE Steel Corporation, Jiangsu Shagang Group Co.,
Ltd., Nippon Steel & Sumitomo Metal Corporation, Nucor
Corporation, POSCO, Riva Group, SiderúrgicaVenezolana SIVENSA S.A,
Tata Steel Ltd., Tenaris S.A., TenarisTamsa, ThyssenKrupp Steel
Europe AG, and United States Steel Corporation, among others.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/go138720-steel.html
Boron Nitride and Boron Carbide
The world market for Boron Nitride and Boron Carbide is
projected to reach 6.4 thousand metric tons by the year 2018,
driven by increasing demand in sectors such as fiberglass,
ceramics, industrial tools, refractory coatings, as well as
ever-evolving applicability of these compounds in the electronics
sphere.
The US constitutes the largest market for the sales of boron
nitride and carbide and is also set to register the fastest
compounded annual growth rate (CAGR) of 3.8% through 2018, as
stated by the new market research report on Boron Nitride and Boron
Carbide. Geographically, the bulk of the world's boron reserves are
available in Turkey, the US, and
Russia. In terms of production,
Turkey is the leading boron
producer, cornering a sizeable chunk of the global production pie,
trailed by Argentina, Chile, Russia, and Peru. Borates exports from the US,
Turkey, Chile, and Russia to China are expected to increase considerably in
the upcoming years, fueled by China's burgeoning ceramic and glass
sectors.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/go236792-boron-nitride-boron-carbide.html
About Global Information Inc. Global Information (GII)
(http://www.giiresearch.com) is an information service company
partnering with over 300 research companies around the world.
Global Information has been in the business of distributing
technical and market research for more than 25 years. Expanded from
its original headquarters in Japan, Global Information now has offices in
Korea, Taiwan, Singapore, Europe and the
United States.
Media Contact: Jeremy Palaia Global Information, Inc.,
1-860-674-8796, Press@gii.co.jp
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