Petroleum Coke Market to Reach $29,648 Million, By Growing at a CAGR of 8.6% from 2017 to 2023 with Top Players are Essar Oil, Chevron Corporation, Saudi Arabian Oil Company, ExxonMobil, British Petroleum.
Petroleum coke is the by-product of crude of refining process. Different grades of petroleum coke are manufactured by changing the coking operation temperature, coking time, and raw material. Petroleum coke is of two types, fuel grade and calcined grade, which differ in their physical properties and sulfur content. It is used as a source of energy in various industries such as power, steel, cement, and others. In addition, it is used in the metallurgical industry for the manufacture of anodes for electric arc furnaces.
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/2303
In 2016, Asia-Pacific and LAMEA collectively accounted for approximately three-fourths share of the total petroleum market, and are expected to dominate, specifically in China, India, and other developing countries. Development of the metal processing sector is the major reason for the growth of the market in Asia-Pacific.
The major Key players Are:
• Essar Oil
• Chevron Corporation
• Saudi Arabian Oil Company
• British Petroleum
• Marathon Petroleum Corporation
• Valero Energy Corporation
• Reliance Industries
• Royal Dutch Shell
• Trammo, Inc.
Get a purchase enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/2303
The global petroleum coke market is driven by growth in demand for cleaner fuels for various purposes such as power and electricity generation. In addition, demand for petroleum coke is expected to increase due to rise in demand for energy sources and development of aluminum & steel industries, thus fueling the growth of market in the near future. . However, adverse effects of petroleum coke on human health due to high sulfur content hampers the market growth. The global petroleum coke market is characterized by presence of well-established market players, which is anticipated to pose as a barrier for new entrants.
The fuel grade petroleum coke segment is expected to dominate the global petroleum coke market during the forecast period. Calcined grade petroleum coke is used on a large scale in metallurgical industry, and is expected to retain its position in the market.
Access Full report @ https://www.alliedmarketresearch.com/petroleum-coke-market
Aluminum & other metals and cement segments cumulatively dominated the global petroleum coke market with more than two-thirds share, in terms of volume, in 2016. The aluminum & other metals segment is anticipated to grow at the highest CAGR during the forecast period.
Key Findings of the Petroleum Coke Market:
• In terms of volume, the fuel grade segment is expected to grow at a CAGR of 7.4% during the forecast period.
• Asia-Pacific is projected to maintain its lead position throughout 2023, growing at a CAGR of 9.1%, in terms of value.
• Aluminum & other metals segment is estimated to occupy more than two-fifths of the total market by 2023.
• China is expected to occupy more than two-fifths of the total Asia-Pacific petroleum coke market by 2023, registering the highest CAGR of 10.5%, in terms of value from 2017 to 2023.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Petroleum Coke Market to Reach $29,648 Million, By Growing at a CAGR of 8.6% from 2017 to 2023 with Top Players are Essar Oil, Chevron Corporation, Saudi Arabian Oil Company, ExxonMobil, British Petroleum. here
News-ID: 1778916 • Views: 649
More Releases from Allied Market Research
Drug Screening Laboratory Services Market Share Size, Statistics, Demand, Revenu …
Drug Screening Laboratory Services Market by Service type, (Workplace Drug Testing and Clinical Toxicology Testing), Sample Type (Urine, Oral Fluid, Hair and Others), End User (Retail, Oil & Gas, Transportation, Staffing, Government, Other Workplace, Hospital Laboratories, Clinical Laboratories, and Other Laboratories): Global Opportunity Analysis and Industry Forecast, 2020-2027 by Service type, (Workplace Drug Testing and Clinical Toxicology Testing), Sample Type (Urine, Oral Fluid, Hair and Others), End User (Retail, Oil
Orthopedic Devices Market Global Growth, Current Scenario Technology Trends, Com …
Rise in geriatric population and increase in chronic diseases related to orthopedics such as osteoarthritis, traumatic fractures, osteopenia, and others are play a major role in the growth of the orthopedic device market. In addition, various growth opportunities such as surge in healthcare infrastructure, increase in affordability, and rise in awareness related to orthopedic conditions in emerging economies are expected to boost the market growth in the coming years. Download Free
Neurosurgery Devices Market: Global Trends, Segmentation and Opportunities Forec …
Neurosurgery devicesare devices that help in prevention, treatment, and diagnosis of conditions and disorders associated with nervous system mainly the brain, spinal cord, peripheral nerves, and extra-cranial cerebrovascular system. The neurological conditions include dementia, headache disorders, neuro-infections, and multiple sclerosis, traumatic brain injuries, pain associated with neurological disorders, neurological disorders associated with malnutrition, stroke, epilepsy and Parkinson’s disease.These disorders are fatal and cannot be cured by therapeutics. Some of the
COVID-19 Impact on Nerve Repair and Regeneration Market Global Industry Size, Sh …
Global Nerve Repair and Regeneration Market are expected to reach $13,938 million by 2023, growing at a CAGR of 13.0 % during the forecast period, 2019-2023. The factors propelling the nerve repair and regeneration market are rise in geriatric population, growing prevalence of neurological and epidemic disorders, and introduction of novel and innovative products for nerve repair and regeneration. However, stringent regulatory requirements for product approvals, lack of skilled professionals, and
More Releases for Petroleum
Natural Gas Market to Witness Huge Growth by 2025 | Qatar Petroleum, Sempra Ener …
The Global Natural Gas Market has witnessed continuous growth in the past few years and may grow further during the forecast period (2019-2025). The assessment provides a 360° view and insights, outlining the key outcomes of the industry, current scenario witnesses a slowdown and study aims to unique strategies followed by key players. These insights also help the business decision-makers to formulate better business plans and make informed decisions for
Petroleum Coke Market Players British Petroleum, Marathon Petroleum Corporation
Introduction: Petroleum coke or petcoke, a solid rock material is a byproduct of crude oil refining and other cracking processes. Although a refining byproduct, petroleum coke is considered as a valued commodity since 2008, all over the world. Crude oil remained after separating other valuable petroleum products from refining process such as diesel, lubricants, waxes, etc. can be processed further in cokers or other cracking processes to produce petroleum coke. Different
Petroleum Sulphonates Market Insights, Forecast to 2025
This report researches the worldwide Petroleum Sulphonates 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 Petroleum Sulphonates breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. Download
Liquefied Petroleum Gas (LPG) Market Analysis By Key Players : British Petroleum …
Liquefied petroleum gas (LPG) is a flammable mixture of hydrocarbon gases that is used as fuel in heating appliances, vehicles, aerosol propellant, refrigerant and cooking equipment etc. In terms of cost and environmental benefits, LPG is way ahead of conventional fuels such as coal and wood. In fact, the gas is considered a revolutionary fuel solution for various sectors, such as industries, residential, chemical, automotive and refinery. This is why
GCC Natural Gas Market: Key Players are Qatar Petroleum, GAZPROM, British Petrol …
The research study on GCC Natural Gas Market 2018 to 2024 reviews the overall industry scenario. It delivers the in-depth market size, share, growth, trend, demand, top players, industry overview, opportunities, value cycle, end-users, technology, types, & application. This report provides the historical data, scope, sales, statistical analysis, future roadmap, rigorous data, development trends and complete SWOT analysis by research experts. GCC Natural Gas Market is predicted to reach over USD
Petroleum Dyes Market Commendable Techniques 2025
Global Petroleum Dyes Market: Overview The global market for petroleum dyes is expected to attract commendable demand over the coming years. The growth of the market owes to the advancements in the petroleum industry and the willingness of the fuel-sellers to bring about positive change in their quality index. Petroleum dyes come in handy while adding color to gasoline and petroleum products, and are a class of unsaturated substances. The high