The Market Reports

Synopsis

The global market for Soderberg Electrode Paste was estimated to be worth US$ 1382 million in 2024 and is forecast to a readjusted size of US$ 1602 million by 2031 with a CAGR of 2.2% during the forecast period 2025-2031.

Electrode paste was invented by Mr. Soderbergh. It is usually called Soderbergh electrode paste. The production process of electrode paste itself is relatively simple. Basically, it is calcined anthracite, calcined petroleum coke, residual anode, graphite powder, etc. Crushing, sieving and grinding, then mixing and heating in a certain proportion and kneading with coal tar pitch to form a carbon paste with good fluidity and high plasticity, and finally an electrode paste with a certain shape and size through natural molding. In the production of different types of ferroalloys and calcium carbide, it is self-baked into a conductor in a submerged arc furnace.

Global key players of Soderberg electrode paste include Yangguang Carbon, Elkem, Rongxing Group, Energoprom Group, Tokai COBEX, etc. The top five players hold a share over 60%. Asia-Pacific is the largest market, has a share about 65%, followed by Europe, and North America, with share 11% and 10%, separately.

Market Trends and Prospects

Technological Innovation and Product Upgrades
With the continuous development of science and technology, the performance of Soderberg electrodes has been continuously improved, and the application areas have been continuously expanded. Manufacturers continue to carry out technological innovation and product upgrades to meet the market demand for high-performance electrode materials.

Improved Environmental Protection Requirements
With the continuous improvement of global environmental awareness, the market demand for environmentally friendly electrode materials is also increasing. As an environmentally friendly electrode material, Soderberg electrodes will further enhance their competitiveness in the market in the future.

Expansion of Application Fields
In addition to traditional smelting, chemical and other industries, the application of Soderberg electrodes in emerging fields such as new energy vehicles and aerospace is also increasing. The demand for high-performance electrode materials in these emerging fields will further promote the development of the Soderberg electrode market.

This report aims to provide a comprehensive presentation of the global market for Soderberg Electrode Paste, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Soderberg Electrode Paste by region & country, by Type, and by Application.

The Soderberg Electrode Paste market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Soderberg Electrode Paste.

Market Segmentation

By Company

• Yangguang Carbon
• Elkem
• Rongxing Group
• Energoprom Group
• Tokai COBEX
• Ukrgrafit
• Rheinfelden Carbon
• Graphite India
• India Carbon
• Redox
• Eastern Electrodes & Coke
• Dakang Fine Chemical
• Minhe Guangda Carbon
• Hisea Energy
• Ningxia TLH Group
• Carbon Resources

Segment by Type

• Obturation Type
• Standard Type
• Others

Segment by Application

• Ferro Alloy
• Calcium Carbide
• Metal Cleaning Process
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.