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Needle Coke Market Size, Status and Global Demand Analysis 2020

01-09-2020 08:50 AM CET | Leisure, Entertainment, Miscellaneous

Press release from: Market Insights Reports

Global Needle Coke Market research report published by market insight reports explores the current outlook in Global and key regions from the perspective of Major Players, Countries, Product types and end industries. This report analyzes top players in the Global market, and divides the Market into several parameters.

This Needle Coke Market research report identifies the competitive landscape of industries to understand the competition at International level. This report study describes the projected growth of the Global market for approaching years from 2018 to 2022. This research report has been aggregated on the basis of static and dynamic aspects of the businesses.

Click Here to Get Sample PDF Copy of Latest Research on Needle Coke Market 2020:
https://www.marketinsightsreports.com/reports/0926871236/global-needle-coke-market-size-trends-and-forecasts-2018-2022/inquiry?Mode=18&Source=OpenPR

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.

Executive Summary:
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.

Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Needle Coke Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Needle Coke Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth

Click the link to Purchase This Full Report @:
https://www.marketinsightsreports.com/report/purchase/0926871236?mode=su?Mode=18&Source=OpenPR

Customization of the Report:
This report can be customized to meet the client’s requirements. Please connect with our sales team (sales@marketinsightsreports.com), who will ensure that you get a report that suits your needs.

Contact Us:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides US and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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