Needle Coke Market Forecast 2024-2030: Evaluating Demand in Lithium-Ion Batteries and Other Key Industries

Needle Coke Market size is expected to reach US$ 7102.69 Mn. by 2030, growing at a CAGR of 6.5% during the forecast period.

Needle Coke Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Needle Coke Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Needle Coke market, with forecasts outspreading to the year 2030.

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Needle Coke Market Scope and Methodology:

Maximize market research covers competitive landscape, key competitors and their market shares for better understanding of the industry. The report also discusses new product developments and technology trends. The report provides a detailed overview of the Needle Coke market through both quantitative and qualitative analysis. The report aims to help readers develop business strategies and assess their position in the market by providing a comprehensive analysis of the competitive landscape. The purpose of the report is to provide the necessary information to make an informed decision regarding the Needle Coke market. In addition, the report delivers information on revenue, sales volume, and average price of the entire market and sub-segments in various segments and regions to assist portable notebook manufacturers, new entrants, and companies involved in the industry chain market.

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Needle Coke Market Regional Insights:

In a regional analysis, the Needle Coke market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. These regions are classified as corresponding countries such as the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia, and South Korea.

Needle Coke Market Segmentation:

by Grade

Base Premium
Intermediate Premium
Super Premium

by Type

Petroleum Derived
Coal Tar Pitch Derived

As a by-product of cooking low ash metallurgical coke, coal tar is produced. In 2023, the petroleum-derived segment held a market share of over 60%. Because it has the lowest coefficient of thermal expansion (CTE) among the grades, the super-premium grade is better suited for the manufacturing of high-quality graphite electrodes. By application, the graphite electrode market segment accounted for a significant portion of the market in 2023.

by Application

Steel Industry
Aluminium Industry
Nuclear Power

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Needle Coke Market Key Players:

1. Phillips 66
2. Mitsubishi Chemical Corporation
3. JXTG Holdings
4. Baotailong New Material Co.
5. Indian Oil Corporation Ltd.
6. Bao-steel Group
7. C-Chem CO.
8. Seadrift Coke LP
9. Sinopec Shanghai Petrochemical Company Limited
10. Shanxi Hongte Coal Chemical Co Ltd.
11. Sinosteel Anshan Research Institute of Thermo-Energy Co.
12. Petrochina International Jinzhou Petrochemical Co.
13. Shijiazhuang Deli Chemical Co.
14. Petroleum Coke Industries Co.
15. Petrocokes Japan Ltd.
16. FangDa Carbon New Material Co. Ltd
17. POSCO
18. CNPC
19. Deli Chemical
20. Shandong Yida
21. SY Carbon

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Key questions answered in the Needle Coke Market are:

What is Needle Coke?
What was the Needle Coke market size in 2023?
What is the growth rate of the Needle Coke Market?
What is the CAGR at which the Needle Coke market will grow during the forecast period?
What are the different segments of the Needle Coke Market?
Which is the fastest-growing region in the Needle Coke market?
Which are the factors expected to drive the Needle Coke market growth?
What growth strategies are the players considering to increase their presence in Needle Coke?
What are the upcoming opportunities and trends for the Needle Coke Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Needle Coke Market?
What segments are covered in the Needle Coke Market?
Who are the key players in the Needle Coke market?
Who are the leading companies and what are their portfolios in Needle Coke Market?

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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective