Needle Coke Market is expected to reach USD 1.61 billion by 2023

The Needle Coke Market was worth USD 0.97 billion in the year 2014 and is expected to reach approximately USD 1.61 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.74% during the forecast period.This market defines and segments the Needle Coke Market with an analysis and forecast of Type, Grade, and End User of needle coke. Needle Coke Market is divided into three categories that are type, grade, and end user. Type segments are categories into Coal Tar Pitch Derived, and Petroleum Derived. Grade is classified into Intermediate, Premium, and Super Premium. By End User report are categories into Aluminum Industry, Aerospace, Lithium Battery, Steel, and Nuclear Power.

Intermediate segment holds extensive share in the overall market

Due to high sulfur content of intermediate which is nearly 0.1%w, and moderately higher constant of thermal expansion than premium and super premium needle cokes.

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North America rule in the needle coke market

This region has the high steel production engaging electric arc furnace process in year 2016, which estimates the North America as the leading region in the year 2016.

Petroleum derived needle coke accounts for the leading market share

As Petroleum derived needle coke endures high temperatures in steel production and is moderately less detrimental to the environment. The decline in crude oil prices globally has further upped the demand for petroleum derived needle coke.

Competitive Analysis

The major players included in the report areMitsubishi Chemical Corporation, Indian Oil Corporation Ltd., Seadrift Coke LP, C-ChemCo.Ltd., PETROLEUM COKE INDUSTRIES CO. (K.S.), Bao-steel Group, Sinopec Shanghai Petrochemical Company Limited, Shanxi Hongte Coal Chemical Co. Ltd., Petrochina International Jinzhou Petrochemical Co. Ltd.,, and Shijiazhuang Deli Chemical Co.

Browse full research report with TOC “Needle Coke Market by Type, Grade, and End User- Global Industry Analysis and Forecast to 2023” at :

https://www.crystalmarketresearch.com/report/needle-coke-market

The Needle Coke Market is segmented as follows-

By Type:

  • Petroleum Derived
  • Coal Tar Pitch Derived

By Grade:

  • Intermediate
  • Premium
  • Super Premium

By End User:

  • Steel Industry
  • Aluminum Industry
  • Lithium Battery
  • Nuclear Power
  • Aerospace
  • Others End Users

By Region

  • North America
  • S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

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