Global Needle Coke Market to Reach $5 Billion by 2030
The global market for Needle Coke estimated at US$4 Billion in the year 2022, is projected to reach a revised size of US$5 Billion by 2030, growing at a CAGR of 2.8% over the analysis period 2022-2030. Petroleum Derived, one of the segments analyzed in the report, is projected to record 3% CAGR and reach US$3.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Coal Tar Pitch Derived segment is readjusted to a revised 2.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 5% CAGR
The Needle Coke market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.Select Competitors (Total 47 Featured) -
- Baosteel Group Corporation
- C-Chem Co., Ltd.
- Indian Oil Corporation Ltd.
- JXTG Holdings, Inc.
- Mitsubishi Chemical Corporation
- Petroleum Coke Industries Co. (K.S.C)
- Phillips 66 Company
- Shaanxi Coal and Chemical Industry Group Co., Ltd.
- SINOPEC Shanghai Petrochemical Co. Ltd
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Baosteel Group Corporation
- C-Chem Co., Ltd.
- Indian Oil Corporation Ltd.
- JXTG Holdings, Inc.
- Mitsubishi Chemical Corporation
- Petroleum Coke Industries Co. (K.S.C)
- Phillips 66 Company
- Shaanxi Coal and Chemical Industry Group Co., Ltd.
- SINOPEC Shanghai Petrochemical Co. Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 197 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 4 Billion |
Forecasted Market Value ( USD | $ 5 Billion |
Compound Annual Growth Rate | 2.8% |
Regions Covered | Global |