Calcined Petroleum Coke Market - Forecast (2023 - 2028)

Calcined Petroleum Coke Market size is forecast to reach $10 billion by 2025, after growing at a CAGR of 4.6% during 2020-2025. The key factors driving the calcined petcoke market growth include rising demand for petroleum coke in the steel industry as an additive in the electrodes or as a carburizer, development in the cement and power generation industries, growth in the supply of heavy oils globally and favorable government initiatives regarding the sustainable and green environment. In addition, the use of anode grade petcoke and needle coke during the production of steel and in graphite electrodes, respectively is expected to drive the market growth.



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