Petcoke Market Analysis, Current And Future Trends 2019– 2024|Reliance, ExxonMobil, Saudi Aramco, BP, Essar Oil, Royal Dutch Shell, Bharat Petroleum, Indian Oil, Valero,
Petcoke Market is expected to surpass USD 25 billion by 2024.Rapid industrialization across developing countries along with increasing demand for reliable and cost effective alternate fuels will stimulate the industry growth. In 2017, according to water and power ministry of Pakistan, the Chinese companies are subjected to invest USD 15 billion to construct dozen coal plant across the country over next 15 years.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1186
1. Growing demand for low emission fuel
2. Stringent regulations toward coal
3. Expansion of refinery capacity
4. Positive outlook towards cement and power industries
Russia petcoke market is projected to reach over 5.5 MMT by 2024. Growing number of power stations coupled with increased investment towards aluminium and steel industries will fuel the industry landscape. Upgradation and expansion of existing refineries will further complement the business growth. In 2017, the PJSC Gazprom Neft announced to invest over USD 89.88 million to upgrade and modernize the existing 767,000 tones/year delayed coking units.
Growing heavy crude oil import from the U.S. refineries to suffice increasing demand for refined petroleum products will stimulate the U.S. petcoke market share. Increasing investment towards upgradation of coker units will further complement the industry growth.
Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1186
Growing demand for green fuel to enhance boiler efficiency will propel the petcoke market size. Strict government regulation to reduce trace of metal and NOx emissions will further positively impact the industry landscape. In 2016, European Union introduced directive 2016/2284/EU to reduce air pollutant emissions including sulphur dioxides, fine particulates matter, volatile organic compounds, ammonia and NOx by 2030. Less carbon emissions and low operation cost are some of its features which make its adoption preferable over other alternates.
Increasing demand for manufacturing of graphite anodes & electrodes from aluminium & steel industries will embellish the calcined petcoke market share. Superior fuel properties and low sulphur contents are some of its features which make its adoption preferable over other alternates.
Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/petroleum-coke-market
Mexico petcoke market was over 6MMT in 2016.Increasing demand for clean fuel from several industries including cement and power plant along with stringent government norms to curb carbon emissions will augment the industry. In 2014, Isolux and Alstom signed a contract with Federal Electricity Commission of Mexico to convert two 158 MW fuel oil units into petroleum coke unit at Altamira thermoelectric power station.
Positive outlook towards commercial and industrial sector along with growing measures to reduce fossil fuel dependency will drive the India petcoke market share. In 2016, The UAE based Gamma group announced to invest USD 459 Million in the education, health and infrastructure sector of Kerala. The import of petroleum coke increased by 3.6 times since 2014 due to government cess of USD 4.68 on coal and there by propelling the product demand.
Key players in petcoke market include: Saudi Aramco, Royal Dutch Shell, Valero, Atha Group, Rain CII, Aminco Resources, Shamokin Carbons, ExxonMobil, Essar Oil, Bharat Petroleum, Valero, Carbograf, Oxbow, Marathon Petroleum, Reliance, BP, Husky Energy, HPCL-Mittal, Indian Oil and Cocan Graphite Trammo.
Petcoke Market, By Grade
• Fuel Grade
• Calcined Grade
Petcoke Market, By Physical Form
• Sponge Coke
• Purge Coke
• Shot Coke
• Needle Coke
Petcoke Market, By Application
• Power Plants
• Cement Industry
• Steel Industry
• Aluminum Industry
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Petcoke Market Analysis, Current And Future Trends 2019– 2024|Reliance, ExxonMobil, Saudi Aramco, BP, Essar Oil, Royal Dutch Shell, Bharat Petroleum, Indian Oil, Valero, here
News-ID: 1716953 • Views: 1803
More Releases from Global Market Insights, Inc.
Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing
More Releases for Petcoke
Petcoke Market 2019 Industry Analysis, Segment & Forecast Up to 2025
Global Petcoke Industry New Study On “2018-2025 Petcoke Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database This report researches the worldwide Petcoke market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Petcoke breakdown data by manufacturers, region, type and application, also analyzes the market status, market share,
Petcoke production rises in India; slips in China and Brazil
According to CW Research’s “Petcoke Country Market Data”, during the first half of 2018, petcoke production rose in India, but contracted in China and Brazil. “In the January-June period, global petcoke volumes displayed mixed results, conditioned by the headwinds of the industry. As several countries impose restrictions on the material, the future of the large-scale use of petcoke in the cement industry remains uncertain”, assesses Raluca Cercel, CW Group’s Associate. RELIANCE TO
Strong shipping industry driving Indian petcoke prices up in February
In February, India’s West Coast average CFR prices for high and mid-sulfur petcoke registered a slight uptick compared to the previous month, according to CW Research’s India Petcoke CFR Price Assessment. In February, prices for high-sulfur imported petcoke for the India CFR West Coast stood above $100 per ton, a modest increase compared to the previous month. Mid-sulfur imported petcoke prices also increased marginally, rising above the $113.50 per ton observed
Global Petcoke Gasification Market 2017 Future Outlook
Qyresearchreports include new market research report Global Petcoke Gasification Market Professional Survey Report 2017 to its huge collection of research reports. The analysts of this report on the global Petcoke Gasification market have developed it with a solitary goal to provide quantitative and qualitative assessment of the current scenario as well as future prospects as far as demand for the same is concerned. It begins with an elaborated overview of the
Petcoke Market 2017- HPCL, IOCL, MPC, Shell, Mitsubishi, Koch Carbon
Apex Market Reports, recently published a detailed market research study focused on the "Petcoke Market" across the global, regional and country level. The report provides 360° analysis of "Petcoke Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Petcoke industry, and estimates the future trend of Petcoke market on the basis of
Global Petcoke Gasification Market Size, Status and Forecast 2022
This report studies the global Petcoke Gasification market, analyzes and researches the Petcoke Gasification development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Air Liquide GE Energy Royal Dutch Shell RWE Siemens CB&I Huaneng Clean Energy Research Institute KBR KEPCO-Uhde Northwest Research Institute of Chemical Industry Sedin Synthesis Energy Systems Market segment by Regions/Countries, this report covers United States EU Japan China India Southeast Asia Market segment by Type, Petcoke Gasification can be split