openPR Logo
Press release

Why the Needle Coke Market is set to explode? Top Companies: GrafTech International Ltd., Graphite India Ltd., Mitsubishi Chemical Corporation, JXTG Holdings and others

Why the Needle Coke Market is set to explode? Top Companies:

The global needle coke market is likely to gain momentum from the ongoing industrial development in energy, construction, transportation, and aviation industry. According to an upcoming report by Fortune Business Insights, titled, “Needle Coke Market Size, Share and Global Trend by Type (Petroleum Derived, Coal Tar Pitch), by Grade (Intermediate, Premium, Super Premium), by Application (Graphite Electrode, Lithium-Ion Battery, Special Carbon Material), and Geography Forecast till 2026,” needle coke is being utilized the most in battery, aluminum, and steel manufacturing units. This is likely to impact the global market positively. Additionally, it plays a very important role in the steel recycling process.

For more information in the analysis of this report, visit https://www.fortunebusinessinsights.com/industry-reports/needle-coke-market-100516

Key Segmental Overview:

1. By Type
• Petroleum Derived
• Coal Tar Pitch
2. By Grade
• Intermediate
• Premium
• Super Premium
3. By Application
• Graphite Electrode
• Lithium-Ion Battery
• Special Carbon Material
• Others
4. By Geography
• North America (USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/needle-coke-market-100516

Key Market Driver – Extensive demand from steel industry

Key Market Restraint – Unpredictable and volatile prices of oil and gas

Immense Growth Opportunities in Wind and Solar Power to Favor Growth in Europe

The global needle coke market is geographically divided into Latin America, Asia Pacific, the Middle East and Africa, Europe, and North America. Amongst these regions, North America is projected to witness notable growth in the market because of the persistent development in the production and exploration activities of hydrocarbon. Also, the ongoing strategic development in transportation, industrial products, electronics & telecommunication, and infrastructure will contribute to the overall needle coke market growth in this region. Europe, on the other hand, is witnessing a rise in the rate of steel utilization which is anticipated to propel the market. This is mainly because of the increasing focus on energy security which has further led to numerous growth opportunities in wind and solar power industries. Technological advancement is also aiding in the needle coke market growth in this region.

Fortune Business Insights predicts that Asia Pacific has a huge growth potential. This is because of the existence of several prominent graphite electrode manufacturers in the region. This is coupled with the rising adoption of lithium batteries in China. India, one of the fastest developing countries in Asia Pacific, is slowly opening its door to immense development opportunities. The Middle East and Africa is growing day by day due to its advanced production and exploration activities for gas and oil. This region is also exporting petroleum products and are involved in hydrocarbon business. These factors are likely to drive the needle coke market in this region.

Key Market Players Aim to Focus on Strategic Joint Ventures to Gain Competitive Edge

Two Chinese companies, namely, Shanghai Baosteel Chemical Co. Ltd, a manufacturer of premium steel products and Fangda Carbon, a manufacturer and seller of carbon products announced that they have jointly set up Ultra-High Power (UHP) grade graphite electrode plant in August 2018. The plant is named Boafang Carbon Material Technology Co. Ltd. The companies also revealed that the unit capacity is anticipated to be approximately 100,000 tons per year. The operation will commence from 2020. Shanghai Baosteel Chemicals possesses 51% share in this new company and the registered amount of this joint venture is USD 190 million. Reliance Industries Ltd., a multinational conglomerate company, headquartered in Mumbai, announced that it has approached three leading oil marketing companies to purchase petroleum coke, also known as petcoke from them in August 2018. It was done for firing its $5 billion petcoke gasifiers.

Request for customization https://www.fortunebusinessinsights.com/enquiry/customization/needle-coke-market-100516

Fortune Business Insights has profiled some of the prominent market players operating in the global needle coke market. They are

• Graphite India Ltd.
• Posco Chemical Company
• Sinopec Shanghai Petrochemical Company Limited
• GrafTech International Ltd.
• Bao-steel Group
• Mitsubishi Chemical Corporation
• China National Petroleum Corporation
• Sumitomo Corporation
• Seadrift Coke LP
• Shaanxi Coal and Chemical Industry Group
• Petrocokes Japan Ltd.
• Indian Oil Corporation
• Phillips 66
• JXTG Holdings
• Baotailong New Material Co. Ltd.
• Sojitz Ject Corporation
• C-Chem Co. Ltd

Major Table of Content For Needle Coke Market:

1. Introduction
2. Executive Summary
3. Market Dynamics
4. Key Insights
5. Global Needle Coke Market Analysis, Insights and Forecast, 2026
6. North America Needle Coke Market Analysis, Insights and Forecast, 2026
7. Europe Needle Coke Market Analysis, Insights and Forecast, 2026
8. Asia Pacific Needle Coke Market Analysis, Insights and Forecast, 2026
9. The Middle East and Africa Needle Coke Market Analysis, Insights and Forecast, 2026
10. Latin America Needle Coke Market Analysis, Insights and Forecast, 2026
11. Competitive Landscape
12. Company Profile
13. Conclusion

Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/needle-coke-market-100516

Contact Us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com

About Us
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Why the Needle Coke Market is set to explode? Top Companies: GrafTech International Ltd., Graphite India Ltd., Mitsubishi Chemical Corporation, JXTG Holdings and others here

News-ID: 1897026 • Views: 1835

More Releases from Fortune Business Insights Pvt. Ltd.

What’s driving the Bucket Elevators Market Growth? Prominent Players: ZUTHER G …
The global bucket elevator market size is projected to reach USD 1,287.1 million by 2026, exhibiting a CAGR of 5.7% during the forecast period. Steady growth in the construction industry to be the key growth driver for this market, according to the new Fortune Business Insights™ report, titled “Bucket Elevator Market Size, Share & Industry Analysis, By Type (Centrifugal and Continuous), By Industry (Cement, Food & Beverages, Chemical, Power &
What's driving the Offshore Drilling Market Growth? Prominent Players: Archer - …
The global offshore drilling market size is slated to reach USD 56.97 billion by 2026, exhibiting a CAGR of 7.9% during the forecast period. Surging demand for electricity worldwide is expected to drive the growth of this market, states Fortune Business Insights™ in its new report, titled “Offshore Drilling Market Size, Share and Industry Analysis, By Rig Type (Drill-ships, Semi-submersibles, and Jackups), By Water Depth (Shallow Water, Deepwater, and Ultra-Deepwater),
What's driving the AC Drive Market Growth? Prominent Players: ABB, Siemens, Danf …
The global AC drives market size was USD 10.39 billion in 2018 and is projected to reach USD 15.62 billion by 2026, exhibiting a CAGR of 5.2% during the forecast period. The rising awareness about green energy sources across the world is transforming the energy and power industry. The trend of green energy is emerging on account of increasing environmental pollution from traditional energy resources. Governments are playing a significant
What's driving the Smart Building Market Growth? Prominent Players: Cisco, Hitac …
The global smart building market size was USD 43.64 billion in 2018 is projected to reach USD 109.48 billion by 2026, exhibiting a CAGR of 12.6% during the forecast period.The rising awareness about green energy sources across the world is transforming the energy and power industry. The trend of green energy is emerging on account of increasing environmental pollution from traditional energy resources. Governments are playing a significant role in

All 5 Releases


More Releases for Coke

Global Foundry Coke Market : Impact Of Existing And Emerging Market Trends By To …
Albany, NY, 30th April : Recent research and the current scenario as well as future market potential of "Global Foundry Coke Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024" globally. Foundry Coke is mainly used in blast furnace and used for copper, lead, zinc, titanium, antimony, mercury and other non-ferrous metal smelting blast furnace, reductant, play a thermite and stock column skeleton function. It is a source of
Foundry Coke Market Research Report 2018: Top Players are ERP Compliant Coke LLC …
The latest market research report titled Foundry Coke market offers a detailed evaluation of the market situation within a specific geographic region. This Foundry Coke Market study contains vital data on market shifts owing to social, economic, cultural and technological changes worldwide. Explaining market opportunities remains the key focus of the study. Industry experts analysing the business environment also take a closer look at the organizational alignment as well as
Foundry Coke Market 2019 Global Analysis By Key Players – ABC Coke, ERP Compli …
WiseGuyReports.Com Publish a New Market Research Report On –“ Foundry Coke Market 2019 Global Analysis By Key Players – ABC Coke, ERP Compliant Coke, Erie Coke, Tonawanda Coke Corporation”. Foundry Coke Industry 2019 Description:- Foundry Coke is mainly used in blast furnace and used for copper, lead, zinc, titanium, antimony, mercury and other non-ferrous metal smelting blast furnace, reductant, play a thermite and stock column skeleton function. It is a source of
Foundry Coke Market to Witness Huge Growth by 2025| ABC Coke , ERP Compliant Cok …
HTF MI released a new market study on Global Foundry Coke Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates
Foundry Coke Market Key growth Analysis on ABC Coke (Drummond ),ERP Compliant Co …
Market Study Report adds 2018-2023 global Foundry Coke Market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more. The Foundry Coke Market Report gives a clear picture of the current situation of the market which covers global industry analysis, size, share, growth, trends, key statistics and forecast Till 2023. The report on global Foundry
Foundry Coke Market Research by Production, Revenue and Key Players ERP Complian …
A new research document with title 'North America Foundry Coke Market by Manufacturers, Countries, Type and Application, Forecast to 2022' covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes countries like United States, Canada, Mexico and important players/vendors such as ERP Compliant Coke, LLC, Erie Coke, Tonawanda Coke Corporation etc. The report will help user gain market insights, future trends and growth prospects