The Global Soderberg Electrode Paste Market was valued at USD 1,375.70 Million in 2023 and is projected to reach USD 1,673.33 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 2.20% during the forecast period (2024–2032). This steady growth is driven by increasing demand for ferroalloys, rising aluminum production, and the expansion of electric arc furnace-based steel manufacturing.

As industrial metallurgy evolves toward energy-efficient processes, Soderberg electrode paste remains a critical component for submerged arc furnace operations. In this analysis, we profile the Top 10 Companies in the Soderberg Electrode Paste Industry—global leaders innovating in carbon electrode technology and sustainable production methods.

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🔟 1. Elkem ASA

Headquarters: Oslo, Norway
Key Offering: Soderberg and prebaked electrodes, carbon materials

Elkem is a global leader in advanced industrial materials, with extensive expertise in carbon electrode production. Their electrode paste formulations are optimized for ferroalloy, silicon metal, and calcium carbide production.

Innovation Focus:

• Advanced carbon material R&D

• Efficiency optimization for submerged arc furnaces

• Sustainable production processes

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Soderberg Electrode Paste Market – View in Detailed Research Report

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9️⃣ 2. Fangda Carbon New Material Co., Ltd.

Headquarters: Lanzhou, China
Key Offering: High-quality Soderberg electrode pastes, graphite products

As China’s largest carbon manufacturer, Fangda dominates the Asian electrode paste market with vertically integrated production from raw materials to final products.

Innovation Focus:

• Large-scale automated production

• Custom formulations for specific furnace requirements

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8️⃣ 3. Redox Electrodes Pvt. Ltd.

7️⃣ 4. Resonac Holdings Corporation

Headquarters: Tokyo, Japan
Key Offering: Premium electrode pastes, advanced carbon materials

Resonac (formerly Showa Denko) delivers high-performance electrode solutions with patented formulation technologies for consistent furnace performance.

Innovation Focus:

• Ultra-high purity materials

• Precision particle size distribution techniques

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6️⃣ 5. East Carbon (Shanxi) Co., Ltd.

Headquarters: Shanxi, China
Key Offering: Economical electrode pastes, custom blends

East Carbon specializes in producing cost-competitive electrode pastes for medium and small-scale ferroalloy producers, particularly in developing markets.

Innovation Focus:

• Optimized raw material sourcing

• Regional procurement advantages

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