Anthracite electrically calcined is a carbon material that's used to make carbon electrodes in the aluminum industry. High-quality anthracite is prized for its excellent conductivity, calorific and low impurity content. The steel industry uses it as a raw material for cathode electrodes and carbon paste electrodes. The pulverized carbon injection (PCI), system is employed in coke and kiln ovens. This reduces the fuel cost, while increasing the lifetime of the furnace. The market is growing due to its widespread usage in many industries around the globe, such as the boom of the aviation industry and the sales of electric cars.
Global calcined-anthracite is expected to grow at an impressive rate between 2021-2028. The market is dominated by several factors, which include growth in the steel and aluminum industries, high demand for energy, surging construction activities, rapid industrialization and urbanization, and increasing adoption of EVs and aircraft. In addition to this, the market is also driven by growth in carbon emissions reduction, fuel efficiency, and the rising trend towards greener products.
A rise in investments into the automobile and construction industries is also expected to increase the demand for quality steel, which will drive the growth of the global market. Global aluminum production is also expected to grow due to rapid industrialization, and consumer demands for lighter weight materials. They are also expected to drive the ECA demand, a raw material vital for producing carbon electrodes within the aluminum sector. In turn, this is likely to increase the market's revenue.
Furthermore, a surge in the demand for basic and electric steel is expected to boost the demand for calcined anthracite. The raw material is essential for producing carbon electrodes that are used in electric arc (EAF) furnaces and basic oxide furnaces. An increase in steel demand will drive up the price of calcined alumina, driving the growth on the market.
In order to maintain their leadership in the marketplace, key players are expanding and improving their technology. The major players in the calcined anthracite market are also collaborating and seeking out partnerships to expand their businesses. To boost sales, they are also improving their supply chains and looking at new applications. Aluminium Rheinfelden GmbH, Asbury Carbons, Ningxia Wanboda Carbons & Graphite Co., Ltd, TIH Group, RESORBENT, Kingstone Group, TIH Group, RESORBENT, are just a few of the industry's leading players. These companies are increasing their market share by leveraging their solid distribution network and strong brand image. This helps to boost their customers and increase their margins. Future market conditions will be characterized by intense competition, and fluctuating raw materials prices. Market players must adopt new strategies in order to meet these challenges.
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