Needle Coke Market Global Outlook and Forecast 2024-2030

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:

The main objective of the study is to provide a comprehensive examination of the global Needle Coke market, focusing on a market-oriented approach. This involves understanding the market's dynamics, significant trends, growth drivers, obstacles, and potential opportunities. Data is gathered from primary and secondary research techniques. Primary data collection includes interacting with essential stakeholders in the Needle Coke market, including manufacturers, suppliers, distributors, retailers, end-users, and industry experts, via interviews and surveys. Information obtained from sources such as industry reports, market analyses, company websites, annual reports, trade journals, government publications, and databases constitutes secondary data.

Needle Coke Market segmentation is carried out using various factors such as product, component, size and installation location, and geographical regions like North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. Additionally, a prediction model is developed by using past data, current market trends, and future estimates to estimate the market's size and potential growth during the expected timeframe. An in-depth analysis of the competitive environment is carried out, exploring the market strategies, product portfolios, technological advancements, and market positioning of key players. This in-depth examination aims to offer practical insights and support informed decision-making for stakeholders in the Needle Coke industry.

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Needle Coke Market Segmentation:

by Grade

Base Premium
Intermediate Premium
Super Premium

by Type

Petroleum Derived
Coal Tar Pitch Derived

Depending on the kind, low ash metallurgical coke is cooked to produce coal tar as a byproduct. 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

Needle Coke Market Regional Insights:

The Needle Coke Market report is segmented into numerous key countries. Countries like North America, United States, Canada, Mexico, Europe, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries, South America, Brazil, and the Middle East and Africa.

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