The Needle Coke Market is expected to be around US$ 6.01 Billion by 2027 at a CAGR of 6.5% in the given forecast period.
Needle coke is the main raw element employed for the production of graphite electrodes from arc furnace in the aluminium and steel industries. It is a superior type of coke that displays greater properties such as high electrical resistance, oxidizability, structural characteristics, high-temperature resistance, and Coefficient of Thermal Development. Needle coke is also differently recognized as acicular coke. It refers to a very crystalline petroleum coke that is used in the making of electrodes for steel and aluminium industries. Needle coke is considered valuable, as electrodes requirement to be replaced regularly. The increasing popularity of laptops, hybrid electric vehicles, battery electric vehicles, and smart devices is the vital factor escalating the market development, also increasing development of the steel industries, rapidly rising demand for graphite batteries and growing alertness among consumers to decrease carbon emissions are the major factors among others driving the needle coke market. Needle coke is widely used as an electrode in silicon metals and ferroalloy furnaces in the market. These cokes are usually essential in graphite electrodes, which are used in submerged arc furnaces of high capacities. Rapidly rising electric vehicles have led to a growth in the demand for needle coke. A shift in consumer preference toward electric cars is making immense opportunities for manufacturers to find application scope of lithium-ion batteries in Hybrid Electric Vehicles and Battery Electric Vehicle industries.
The global Needle Coke market is segregated on the basis of Grade Outlook as Super-premium, Premium-grade, and Intermediate-grade. Based on Application Outlook the global Needle Coke market is segmented in Electrode, Silicon metals & ferroalloys, Carbon black, Rubber compounds, and Others.
The global Needle Coke market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Needle Coke market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Phillips 66, Asbury Carbon Inc., Seadrift Coke L.P., Sumitomo Chemical Company, Indian Oil Corporation Limited, Reed’s, Inc., Appalachian Brewing Co., GrafTech International, Essar, Baosteel Group and Others, and others are among the major players in the global Needle Coke market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Needle Coke Market has been segmented as below:
Needle Coke Market, By Grade Outlook
Needle Coke Market, By Application Outlook
Needle Coke Market, By Region
Needle Coke Market, By Company
The report covers:
Report Scope:
The global Needle Coke market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Needle Coke market share. Major industry players with significant revenue share include Phillips 66, Asbury Carbon Inc. , Seadrift Coke L.P., Sumitomo Chemical Company, Indian Oil Corporation Limited , Reed’s, Inc., , Appalachian Brewing Co., , GrafTech International, Essar, Baosteel Group and Others, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Needle Coke Market, By Grade Outlook
5.1. Key Points
5.2. Super-premium
5.3. Premium-grade
5.4. Intermediate-grade
6. Needle Coke Market, By Application Outlook
6.1. Key Points
6.2. Electrode
6.3. Silicon metals & ferroalloys
6.4. Carbon black
6.5. Rubber compounds
6.6. Others
7. Competitive Landscape
7.1. Introduction
7.2. Recent Developments
7.2.1. Mergers & Acquisitions
7.2.2. New Product Developments
7.2.3. Portfolio/Production Capacity Expansions
7.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
7.2.5. Others
8. Company Profiles
8.1 Phillips 66
8.1.1 Company Overview
8.1.2 Product/Service Landscape
8.1.3 Financial Overview
8.1.4 Recent Developments
8.2 Asbury Carbon Inc.
8.2.1 Company Overview
8.2.2 Product/Service Landscape
8.2.3 Financial Overview
8.2.4 Recent Developments
8.3 Seadrift Coke L.P.
8.3.1 Company Overview
8.3.2 Product/Service Landscape
8.3.3 Financial Overview
8.3.4 Recent Developments
8.4 Sumitomo Chemical Company
8.4.1 Company Overview
8.4.2 Product/Service Landscape
8.4.3 Financial Overview
8.4.4 Recent Developments
8.5 Indian Oil Corporation Limited
8.5.1 Company Overview
8.5.2 Product/Service Landscape
8.5.3 Financial Overview
8.5.4 Recent Developments
8.6 Reed’s, Inc.,
8.6.1 Company Overview
8.6.2 Product/Service Landscape
8.6.3 Financial Overview
8.6.4 Recent Developments
8.7 JXTG Nippon Oil & Energy Corp.
8.7.1 Company Overview
8.7.2 Product/Service Landscape
8.7.3 Financial Overview
8.7.4 Recent Developments
8.8 GrafTech International
8.8.1 Company Overview
8.8.2 Product/Service Landscape
8.8.3 Financial Overview
8.8.4 Recent Developments
8.9 Essar
8.9.1 Company Overview
8.8.2 Product/Service Landscape
8.8.3 Financial Overview
8.8.4 Recent Developments
8.10 Baosteel Group
8.10.1 Company Overview
8.10.2 Product/Service Landscape
8.10.3 Financial Overview
8.10.4 Recent Developments
The Needle Coke Market has been segmented as below:
Needle Coke Market, By Grade Outlook
Needle Coke Market, By Application Outlook
Needle Coke Market, By Region
Needle Coke Market, By Company
