Global Needle Coke Market By Overview
Needle coke is highly crystalline coke primarily used for the production of graphite electrodes for electric arc furnaces in the steel industry. Major factor driving the global needle coke market is the surging demand for graphite electrodes and lithium-ion batteries which utilize needle coke in their manufacturing process. In addition, electric vehicles production is also causing a rise in demand of the product, which is in turn propelling the growth of the target market. The needle coke market has experienced a slowdown as a result of the coronavirus outbreak. Poor market mood has cut demand for products and services, causing manufacturing activity at steel plants to halt, resulting in a decrease in needle coke use. Manufacturers in the market are using plug-and-play technology to produce needle coke in response to consumer demand. Because the risk of new COVID-19 variants is high, they are employing contingency planning to anticipate the uncertainties that will arise as a result of the pandemic. As a result, enterprises in the needle coke market are doing strategic planning of their investments and indebtedness in order to stay financially afloat by reacting to fluctuating demand and supply trends. The Global Needle Coke Market accounted for US$ 3.75 billion in 2020 and is estimated to be US$ 7.13 billion by 2030 and is anticipated to register a CAGR of 6.7%.
Global Needle Coke Market By Dynamics
Moreover, superior properties of needle coke such as low electric resistance, low coefficient of thermal expansion, and less breakage are expected to propel demand of needle coke throughout the forecast period. However, increasing environmental concerns regarding the needle coke production is restraining the growth of the global needle coke market. Additionally, decline in graphite electrodes capacity may also hamper the target market in the near future.
Global Needle Coke Market By Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
Global needle coke market has been segmented into product type, product grade, application, and region.
On the basis of product type, the global needle coke market has been bifurcated into petroleum based and coal-based needle sub-segments. Based on product grade, the global market is segmented into intermediate, premium and super premium grades. On the basis of application, the target market is segmented into graphite electrodes, lithium ion batteries and specialty carbon. Currently, graphite electrode application sub-segment is dominating the global market owing to its properties such withstanding extreme temperature conditions, low coefficient of thermal expansion and resistant to electricity.
Regional Insights:
Source: Prophecy Market Insights
Based on region, the global needle coke market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Asia-pacific region is dominating the global needle coke market owing to the growing steel and aluminium industry in the region, especially in China. China market is expected to maintain its dominance over all the regions throughout the forecast period. Asia-pacific market is followed by North America and Europe. North America market is anticipated to witness considerable growth during the forecast period, owing to technological advancements in the region. Latin America is expected to witness below average demand owing to low downstream needle coke demand in the region.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2029 |
|
Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
|
Market Segmentation |
By Product Type - Petroleum Based and Coal Based By Product Grade – Intermediate, Premium, and Super Premium By Application – Graphite Electrodes, Lithium Ion Batteries, and Specialty Carbon |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global oncology drug market report based on Product Type, Product Grade, Application and Region.
Global Needle Coke Market, By Region:
- North America
-
-
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
-
-
Global Needle Coke Market By Key Players
Key players operating in the global needle coke market include Phillips 66, Mitsubishi Chemical Corporation, JXTG Holdings, Inc., Indian Oil Corporation Ltd., Baotailong New Material Co., Ltd., Royal Dutch Shell PLC, Bao-steel Group, C-Chem Co. Ltd., Reliance Industries Ltd., Essar Oil Ltd, and FangDa Carbon New Material Co. Ltd.
Global Needle Coke Market By Company Profile
- Phillips 66
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mitsubishi Chemical Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- JXTG Holdings, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Indian Oil Corporation Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Royal Dutch Shell PLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Baotailong New Material Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bao-steel Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- C-Chem Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Reliance Industries Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Essar Oil Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
“*” marked represents similar segmentation in other categories in the respective section
Global Needle Coke Market By Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Oncology Drug Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Product Grade
- Market Snippet, By Application
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Needle Coke Market, By Product Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Petroleum Based
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Coal Based
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Needle Coke Market, By Product Grade, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Intermediate
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Premium
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Super Premium
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Needle Coke Market, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Graphite Electrode
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Lithium Ion Batteries
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Specialty Carbon
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Needle Coke Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Product Grade, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Product Grade, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Product Grade, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Product Grade, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Product Grade, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Phillips 66
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mitsubishi Chemical Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- JXTG Holdings, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Indian Oil Corporation Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Royal Dutch Shell PLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Baotailong New Material Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bao-steel Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- C-Chem Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Reliance Industries Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Essar Oil Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
-
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Global needle coke market has been segmented into product type, product grade, application, and region.
Superior properties of needle coke such as low electric resistance, low coefficient of thermal expansion, and less breakage are expected to propel demand of needle coke throughout the forecast period.
Asia-pacific region is dominating the global needle coke market owing to the growing steel and aluminium industry in the region, especially in China.
Key players operating in the global needle coke market include Phillips 66, Mitsubishi Chemical Corporation, JXTG Holdings, Inc., Indian Oil Corporation Ltd., Baotailong New Material Co., Ltd., Royal Dutch Shell PLC, Bao-steel Group, C-Chem Co. Ltd., Reliance Industries Ltd., Essar Oil Ltd, and FangDa Carbon New Material Co. Ltd.