Needle Coke Market 2018 | Top Most Players | Mitsubishi Chemical Corporation, Indian Oil Corporation Ltd., Seadrift Coke LP, C-ChemCo.Ltd., PETROLEUM COKE INDUSTRIES CO. (K.S.), Bao-steel Group, Sinopec

A research study titled, “Needle Coke Market by Type, Grade, and End User- Global Industry Analysis and Forecast to 2023” published by Crystal Market Research, states that the Needle Coke Market is projected to be around $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.

Competitive Analysis:
The major players included in the report are Mitsubishi 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.

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Industry outlook and trend Analysis:

]“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.

“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.

Market Classification:
Needle Coke Market By Type, Estimates and Forecast, 2014-2023 ($Million)
Coal Tar Pitch Derived
Petroleum Derived

Needle Coke Market By Grade, Estimates and Forecast, 2014-2023 ($Million)
Intermediate
Premium
Super Premium

Needle Coke Market By End User, Estimates and Forecast, 2014-2023 ($Million)
Aluminum Industry
Aerospace
Lithium Battery
Steel
Nuclear Power

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End User Outlook and Trend Analysis:
The worldwide needle coke market is segmented into Steel Industry, Aluminum Industry, Lithium Battery, Nuclear Power, Aerospace and other end users on the basis of end users. Steel industry section is expected to generate highest market share over the forecast period owing to the increasing demand of needle coke in the production of graphite electrodes in the steel industry. Aerospace section of the end user segment is expected to demonstrate highest growth rate in the upcoming years due to the increased application of needle coke in this sectors.

Regional Outlook and Trend Analysis:
North America held a significant share of the Needle Coke Market in 2014 due to the increasing application in steel industry and aerospace. The Asia-Pacific market has not experienced any substantial growth due to high pricing and low Government initiatives towards needle coke production, but can experience favorable growth in coming years owing to increasing in disposable income in the region.

Reason to Purchase:
1) An extensive research study on the Global Composite Adhesive Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Composite Adhesive Market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
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