Electrically Calcined Anthracite Industry is Growing Rapidly. This rapid growth can be attributed to the development of robust steel infrastructures across several countries, both in developed and underdeveloped. For improved combustion efficiency in blast furnaces, these steel industries need premium carbon additives such as anthracite. ECA demand is growing in many industries around the globe. The global ECA industry is focusing its efforts on expanding distribution channels to meet this demand.
ECAs are highly competitive, and companies need to innovate and focus on adding value to their products to maintain profitability. The industry is also challenged by fluctuating prices of raw materials and stringent regulatory standards. In order to overcome these problems, it is important that the industry focuses on sustainable methods of production.
ECA, or anthracite calcined charcoal is produced in gas furnaces by heating anthracite at high temperatures. This process reduces the moisture and volatile matter content in the anthracite and also removes residual organic compounds. As a result, the resulting ECA has a lower ash content and carbon volatility content as compared to other coal products. This makes it suitable for a variety of industrial applications, especially in the manufacturing of metal alloys. ECA demand is predicted to grow over the next few years due to its superior properties.
The calcined anthracite used in steel production and the aluminum industry is a key ingredient. As a carbon block recarburiser, it can also be used as an electrode for aluminium melting. ECA is widely used by foundries to produce electrodes and improve hardness and strength.
ECA's demand will also increase as global growth in the paper industry and the pulp industry continues. United States, the world's largest paper and board consumer consumes ECA in excess of 64 million tonnes per year. Growing demand in paper and pulp drives the ECA market, which is expected to lead to steady growth.
Accordingly, we expect the ECA market to increase at an annual CAGR above 7% for the period 2024-2028. The growth in the global economy is expected to fuel the demand for ECA in various industrial applications such as water purification and metal production. The demand for ECA is also expected to increase in the future due to the industrialization of the emerging economies.
Asbury Carbon and Black Diamond Coal Company are among the major ECA players. Kingstone Group is another. This group of companies produces a range electrically and gas calcined products that are used in the steel industry.
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