Needle Coke Market – Global Industry Analysis and Forecast (2018-2026)
Needle Coke Market is estimated to fuelling US$ XX Mn by 2026 in terms of revenue with CAGR of XX% in the forecasting period 2018-2026. Needle coke is a needle-shaped carbon material. Needle coke is a top-notch review of oil coke, which is utilized as a part of the assembling of graphite cathodes for bend heaters in the steel industry. A decent nature of needle coke is hard and thick mass shaped with a structure of carbon strings. Needle coke is used in the production of graphite electrodes mainly used for the steel industry.
The rapid growth of new energy vehicles increases consumption of needle coke in lithium battery anode material. The demand was about 80kt in 2017 and is predicted to surpass 250kt in 2026. Increasing demand for steel recycling is presumed to augment Needle Coke Market growth over the foreseeable future. Increasing petroleum-based needle coke demand globally is anticipated to fuel market growth over the forecast period. Uncertainty in the global crude oil and natural gas markets owing to demand & supply fluctuations is a major restraint for Needle Coke Market growth.
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Limited global DCC capacities coupled with technological limitations is expected to negatively affect needle coke market growth over the next few years.Needle Coke Market Needle Coke Market can be segmented by type, by grade, application, and region. On the basis of type, Coal tar is obtained as a by-product during the cooking process of low ash metallurgical coke. The petroleum derived segment accounted for more than 60% share of the market in 2017. In terms of grade, the super-premium grade has the lowest coefficient of thermal expansion (CTE), which makes it more suitable for the production of high-grade graphite electrodes. In terms of application, the graphite electrode segment held a major share of the market in 2017.
On the basis of region, Asia Pacific market is expected to witness significant growth over the next few years owing to increasing steel and aluminum manufacturing industries in the region. The market in Europe is likely to expand at a significant pace in the near future.
Key players in the Needle Coke Market are Phillips 66, Mitsubishi Chemical Corporation, JXTG Holdings, Inc., Baotailong New Material Co., Ltd., Indian Oil Corporation Ltd., Bao-steel Group, C-Chem CO., LTD., Seadrift Coke LP, Sinopec Shanghai Petrochemical Company Limited, Shanxi Hongte Coal Chemical Co Ltd., Sinosteel Anshan Research Institute of Thermo-Energy Co., Ltd., PetroChina International Jinzhou Petrochemical Co., Ltd., Shijiazhuang Deli Chemical Co.
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Needle Coke Market Scope:
Needle Coke Market By Type
• Petroleum Derived
• Coal Tar Pitch Derived
Needle Coke Market By Grade
• Base Premium
• Intermediate Premium
• Super Premium
Needle Coke Market By Application
• Steel Industry
• Aluminium Industry
• Nuclear Power
Needle Coke Market By Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players operating in the market:
• Phillips 66
• Mitsubishi Chemical Corporation
• JXTG Holdings
• Baotailong New Material Co.
• Indian Oil Corporation Ltd.
• Bao-steel Group
• C-Chem CO.
• Seadrift Coke LP
• Sinopec Shanghai Petrochemical Company Limited
• Shanxi Hongte Coal Chemical Co Ltd.
• Sinosteel Anshan Research Institute of Thermo-Energy Co.
• Petrochina International Jinzhou Petrochemical Co.
• Shijiazhuang Deli Chemical Co.
• Petroleum Coke Industries Co.
• Petrocokes Japan Ltd.
• FangDa Carbon New Material Co. Ltd
• POSCO
• CNPC
• Deli Chemical
• Shandong Yida
• SY Carbon
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the current Needle Coke Market outlook. The report encompasses the Needle coke market by different segments and region, providing the in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Needle Coke Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Needle coke market positioning of competitors.
Browse Full Report with Facts and Figures of Needle Coke Market Report at: https://www.maximizemarketresearch.com/market-report/needle-coke-market/11668/
MAJOR TOC OF THE REPORT
Chapter One: Needle Coke Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Needle Coke Market Competition, by Players
Chapter Four: Global Needle Coke Market Size by Regions
Chapter Five: North America Needle Coke Revenue by Countries
Chapter Six: Europe Needle Coke Revenue by Countries
Chapter Seven: Asia-Pacific Needle Coke Revenue by Countries
Chapter Eight: South America Needle Coke Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Needle Coke by Countries
Chapter Ten: Global Needle Coke Market Segment by Type
Chapter Eleven: Global Needle Coke Market Segment by Application
Chapter Twelve: Global Needle Coke Market Size Forecast (2019-2026)
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