Needle Coke Market is valued at USD 3.2 Billion in 2017 and expected to reach USD 6.01 Billion by 2027 with a CAGR of 6.5% over the forecast period.
Needle Coke Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Demand in graphite electrodes & batteries and increase in steel industries are key driving factors for the growth of Needle Coke Market.
Needle Coke or Acicular Coke is a crystalline form of petroleum coke. It is a premium grade raw material of coke used in manufacturing of graphite electrodes in Steel or Aluminium industry for arc furnaces. The structure of needle coke consists of hard and dense material with carbon needles or threads aligned in a single direction. This coke can withstand temperature up to 2800 degree Celsius. Fluid Catalytic Cracking (FCC) decant oil or Coal Tar Pitch is generally used to produce Needle coke. This special type of coke has superior properties like Coefficient of Thermal Expansion, Oxidizability, High temperature and electrical resistance.
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Mitsubishi Chemical Corp
Indian Oil Corporation Ltd
C-Chem Co Ltd
Sumitomo Chemical Company
JXTG Nippon Oil & Energy Corp
Philips 66
Petroleum Coke Industries
Sinopec Shanghai Petrochemical
others
Global Needle Coke Market report is segmented on the basis of Type, Grade, Application, and Region & country level. Based upon Type, Global Needle Coke market is classified as Coal based Needle Coke and Petroleum based Needle Coke. The market is classified on the basis of grade are Basic, Intermediate and Super Premium. On the basis of Application, market is divided as Graphite Electrodes, Steel Industry, Battery Industry, and Electric Vehicle Industry.
By Type:
Coal based Needle Coke
Petroleum based Needle Coke
By Grade:
Basic Premium
Intermediate Premium
Super Premium
By Application:
Graphite Electrodes
Steel Industry
Battery Industry
Electric Vehicle Industry
Key Benefits for Global Needle Coke Market Report:
Global Needle Coke Market report covers in-depth historical and forecast analysis.
Global Needle Coke Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
Global Needle Coke Market report helps to identify opportunities in marketplace.
Global Needle Coke Market report covers extensive analysis of emerging trends and competitive landscape.
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