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What's driving the Needle Coke Market Growth? Prominent Players: Phillips 66, Mitsubishi Chemical Holdings Corporation, JXTG Holdings, Inc., Indian Oil Corporation Ltd.

07-04-2019 08:55 PM CET | Business, Economy, Finances, Banking & Insurance

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What's driving the Needle Coke Market Growth? Prominent

An analysis of Needle Coke market has been provided in the latest report added by Market Study Report that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.

The report titled Global Needle Coke Market: Size, Trends and Forecasts (2018-2022) , provides an in depth analysis of the global needle coke market by value, by production capacity, by applications, by segments, by region, etc. The report also provides a analysis of the China needle coke market by segment and by production capacity.

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/2099437/?utm_source=openpr.com&utm_medium=Deepak

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global needle coke market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The global needle coke industry is generally dominated. Many competitors have established worldwide reputation with the multinational customers while some supply their products to the local customers. The manufacturers of the needle coke market produce different type of needle cokes, some manufacturers produce petroleum-based needle coke while other produce coal-based needle coke.

However, the competition in the global needle coke market is dominated by few needle coke manufacturers supplying needle cokes worldwide. Further, key players of the needle coke market are Phillips 66, Mitsubishi Chemical Holdings Corporation, JXTG Holdings, Inc., Indian Oil Corporation Ltd. are also profiled with their financial information and respective business strategies.

Company Coverage

Phillips 66
Mitsubishi Chemical Holdings Corporation
JXTG Holdings, Inc.
Indian Oil Corporation Ltd.

Needle coke is a high value, petroleum coke based raw material primarily used in the production of graphite electrodes for the electric arc furnaces (EAF) based steelmaking and lithium-ion batteries. Needle coke can take up to six months to convert coke into graphite electrodes, including baking and rebaking process. Needle coke is used in graphite electrodes because it reduces the risk of fractures by expanding along the length. The end-users of the needle coke are steel industry, lithium-ion battery industry, aluminium industry, aerospace, etc.

The qualities of the modern needle coke are low coefficient of thermal expansion, high aspect ratio, sufficient strength, low puffing, good density, low ash, low sulfur, low nitrogen, etc. The raw materials used for the needle coke production are petroleum Fluidised catalytic cracker decant oils (FCCDO), petroleum low-sulfur vacuum residues (LSVR), coal-tar pitches (CTP), ethylene tar pitches (ETP) and solvent refined coal (SRC).

Needle coke has a long history with continuously evolving environmental friendly needle coke. The needle coke market can be segmented on the basis of type, grade, application and end-users.

The global needle coke market has increased at a significant CAGR during the years 2013-2017 and projections are made that the market would rise in the next four years i.e. 2018-2022 tremendously. The needle coke market is expected to increase due to growth in global GDP, growing needle coke demand in graphite electrodes, rapid growth in electric vehicles production, growing needle coke demand in lithium-ion batteries, etc. Yet the market faces some challenges such as increasing graphite electrodes prices, increasing needle coke prices, slow steel production growth, decline in graphite electrodes capacity, environmental concerns, etc.

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1. Executive Summary
2. Introduction
2.1 Needle Coke: An Overview
2.1.1 Needle Coke Position in Steel Supply Chain
2.1.2 Modern Needle Coke Requirements
2.1.3 Raw Material Used for Needle Coke Production
2.2 Needle Coke Segmentation: An Overview
2.2.1 Needle Coke by Type
2.2.2 Needle Coke by Grade
2.2.3 Needle Coke by Application
2.2.4 Needle Coke by End-user
3. Global Market Analysis
3.1 Global Needle Coke Market: An Analysis
3.1.1 Global Needle Coke Market by Value
3.1.2 Global Needle Coke Market by Production Capacity
3.1.3 Global Needle Coke Market by Segments (Petroleum Needle Coke and Pitch Needle Coke)
3.1.4 Global Needle Coke Production Capacity by Segments (Petroleum Needle Coke and Pitch Needle Coke)
3.1.5 Global Needle Coke Production Capacity by Region (China and ROW)
3.1.6 Global Needle Coke Market by Application (Graphite Electrode, Special Carbon Material and Other)
3.2 Global Needle Coke Market: Segment Analysis
3.2.1 Global Petroleum Needle Coke Market by Value
3.2.2 Global Petroleum Needle Coke Market by Production Capacity
3.2.3 Global Pitch Needle Coke Market by Value
3.2.4 Global Pitch Needle Coke Market by Production Capacity
3.3 Global Needle Coke Market: Application Analysis
3.3.1 Global Graphite Electrodes Needle Coke Market by Value
3.3.2 Global Special Carbon Material Needle Coke Market by Value
4. China Market Analysis
4.1 China Needle Coke Market: An Analysis
4.1.1 China Needle Coke Market by Production Capacity
4.1.2 China Needle Coke Production Capacity by Segments (Pitch Needle Coke and Petroleum Needle Coke)
4.2 China Needle Coke Market: Segment Analysis
4.2.1 China Petroleum Needle Coke Market by Production Capacity
4.2.2 China Pitch Needle Coke Market by Production Capacity
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rising Global GDP
5.1.2 Growing Needle Coke Demand for Graphite Electrodes
5.1.3 Growing Needle Coke Demand for Lithium-ion Batteries
5.1.4 Escalating Electric Vehicles Production
5.1.5 Soaring Urban Population
5.2 Challenges
5.2.1 Increasing Needle Coke Prices
5.2.2 Increasing Graphite Electrodes prices
5.2.3 Decline in Graphite Electrodes Capacity
5.2.4 Slow Steel Production Growth
5.2.5 Environmental Concerns
5.3 Market Trends
5.3.1 Increasing Demand of Petroleum-based Needle Coke
5.3.2 Low Electric Resistance
5.3.3 Rising China s Exports of Graphite Electrodes
6. Competitive Landscape
6.1 Global Needle Coke Market Players: A Financial Comparison
6.2 Global Petroleum Needle Coke Players by Production Capacity
6.3 Global Petroleum Needle Coke Players by Market Share
7. Company Profile
7.1 Phillips 66
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 Mitsubishi Chemical Holdings Corporation (Mitsubishi Chemical Corporation)
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 JXTG Holdings, Inc.
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 Indian Oil Corporation Ltd.
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy
List of Figures
Figure 1: Needle Coke Position in Steel Supply Chain
Figure 2: Modern Needle Coke Requirements
Figure 3: Raw Material Used for Needle Coke Production
Figure 4: Needle Coke by Type
Figure 5: Needle Coke by Grade
Figure 6: Needle Coke by Application
Figure 7: Needle Coke by End-user
Figure 8: Global Needle Coke Market by Value; 2013-2017 (US$ Billion)
Figure 9: Global Needle Coke Market by Value; 2018-2022 (US$ Billion)
Figure 10: Global Needle Coke Market by Production Capacity; 2017-2022 (Million Tonnes)
Figure 11: Global Needle Coke Market by Segments; 2017 (Percentage, %)
Figure 12: Global Needle Coke Production Capacity by Segments; 2017 (Percentage, %)
Figure 13: Global Needle Coke Production Capacity by Region; 2017 (Percentage, %)
Figure 14: Global Needle Coke Market by Application; 2017 (Percentage, %)
Figure 15: Global Petroleum Needle Coke Market by Value; 2016-2017 (US$ Billion)
Figure 16: Global Petroleum Needle Coke Market by Value; 2018-2022 (US$ Billion)
Figure 17: Global Petroleum Needle Coke Market by Production Capacity; 2017-2022 (Million Tonnes)
Figure 18: Global Pitch Needle Coke Market by Value; 2016-2017 (US$ Billion)
Figure 19: Global Pitch Needle Coke Market by Value; 2018-2022 (US$ Billion)
Figure 20: Global Pitch Needle Coke Market by Production Capacity; 2017-2022 (Thousand Tonnes)
Figure 21: Global Graphite Electrodes Needle Coke Market by Value; 2016-2017 (US$ Billion)
Figure 22: Global Graphite Electrodes Needle Coke Market by Value; 2018-2022 (US$ Billion)
Figure 23: Global Special Carbon Material Needle Coke Market by Value; 2016-2017 (US$ Million)
Figure 24: Global Special Carbon Material Needle Coke Market by Value; 2018-2022 (US$ Million)
Figure 25: China Needle Coke Market by Production Capacity; 2017-2022 (Thousand Tonnes)
Figure 26: China Needle Coke Production Capacity by Segments; 2017 (Percentage, %)
Figure 27: China Petroleum Needle Coke Market by Production Capacity; 2017-2022 (Thousand tonnes)
Figure 28: China Pitch Needle Coke Market by Production Capacity; 2017-2022 (Thousand Tonnes)
Figure 29: Global GDP; 2012-2017 (US$ Trillion)
Figure 30: GDP Growth Rate by Region; 2017-2019 (Percentage, %)
Figure 31: Global Needle Coke Demand for Graphite Electrodes; 2012-2025 (Thousand tonnes)
Figure 32: Global Needle Coke Demand for Lithium-ion Batteries; 2014-2017(Kilo Tonnes)
Figure 33: Global Electric Vehicles Production; 2012-2016 (Thousand)
Figure 34: Global Needle Coke Demand for Electric Vehicles; 2015-2025 (Thousand Tonnes)
Figure 35: Global Urban Population; 2010-2017 (Billion)
Figure 36: Global Needle Coke Prices; 2011-2018 (US$ Per Tonnes)
Figure 37: Global Graphite Electrodes Prices; 2011-2017 (US$ Per Tonnes)
Figure 38: Global (Excluding China) Graphite Electrodes Capacity Cuts; 2012-2016 (Tonnes)
Figure 39: China Exports of Graphite Electrodes; 2015-2017 (Kilo Tonnes)
Figure 40: Global Petroleum Needle Coke Players by Production Capacity ; 2017 (Tonnes)
Figure 41: Global Petroleum Needle Coke Players by Market Share; 2017 (Percentage, %)
Figure 42: Phillips 66 Sales; 2013-2017 (US$ Billion)
Figure 43: Phillips 66 Sales by Segments; 2017 (Percentage, %)
Figure 44: Phillips 66 Sales by Region; 2017 (Percentage, %)

More Details on this Report: https://www.marketstudyreport.com/reports/global-needle-coke-market-size-trends-and-forecasts-2018-2022/?utm_source=openpr.com&utm_medium=Deepak

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