The artificial synthetic graphite electrodes market refers to the production and marketing of artificial synthetic graphite electrodes, which is currently a standard in EAF operations. Raw materials are coal tar pitch and petroleum coke mixed and processed at a high temperature in many steps. These electrodes are used mainly in electric arc furnaces (EAF) to produce ferrous, non-ferrous, and steel metals. The demand for artificial synthetic graphite electrodes drives market growth in power sector operations, including those bearing heavy electrical loads.
However, the downsides of artificial synthetic graphite electrodes include the manufacturing of artificial graphite comes with health risks; it is harmful to people's health, it can cause inflammation, rash, or burning to the skin, and can hamper the growth of the market. New product development, rising industrialization, market expansion, globalization, and implementing supportive government policies and regulations will be an opportunity for the growth of the artificial synthetic graphite electrodes market.
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