Petroleum Needle Coke Market 2020 Analysis by Global Manufacturers – CNPC Jinzhou Petrochemical, Shandong Yida New Material

The Petroleum Needle Coke Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. This report also analyzes the impact of Coronavirus (COVID-19) on the Petroleum Needle Coke industry.

The global Petroleum Needle Coke market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 2.0% in the forecast period of 2020 to 2025 and will expected to reach USD 697.8 million by 2025, from USD 644.4 million in 2019.

Buy The Report:
https://www.marketinsightsreports.com/report/purchase/04272008480?mode=su?source=openpr&Mode=12

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Petroleum Needle Coke Market: CNPC Jinzhou Petrochemical, Shandong Yida New Material and others.

Industry News and Developments:

June 11, 2019: China Needle Coke Prices Reverses the Global Trend

The upheaval in graphite electrodes demand in past two years and a steady surge in the requirements for graphite anodes for lithium-ion batteries in China has boosted the needle-coke demand in the country. In 2018, the overall performance of China’s needle coke market was relatively stable with prices showing an uptrend and reaching to its high in the month of November. However, towards the end of 2018, the plunge in steel demand from downstream sector in China adversely impacted the country’s graphite electrode requirement and so does the needle coke demand and prices. With the start of 2019, China’s domestic needle coke prices have been falling and have registered a plunge of 35% in the time span of six months. However, the price of high-quality needle coke required for UHP grade GE (usually imported) have been rising continuously recording a surge of 22% during Jan-Jun’19. The domestic needle coke prices in China are currently trending in the range of RMB 19,000-20,000 (USD 2,750 – 2,900/MT) whereas imported needle coke prices are at 4,200 – 4,600/MT.

According to customs data, in first four months of 2019, China’s petroleum-based needle coke import volume was 46,413 tonnes, 70% of which came from the United Kingdom, 15.3% from the United States, and 9.5% from Japan whereas country’s coal-based needle-coke imports were 27,819 tonnes of which 62% came from South Korea and 38% from Japan. Although, the domestic needle coke produced in China still has some time to match the global standards, with the help of some research and development, the quality of the same have improved to some extent and few products have been able to mark their entry in the international market also.

BEIJING, March 30, 2020 -- China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028; NYSE: SNP) today announced its annual results for the twelve months ended 31 December 2019.

In accordance with IFRS, the Company's turnover and other operating revenues reached RMB 2.97 trillion, up 2.6% year-on-year at a historic high; Operating profit increased 4.8% year-on-year; Profit attributable to equity shareholders of the Company was RMB 57.5 billion. Basic earnings per share were RMB 0.475. In accordance with ASBE, the Company's operating profit was RMB 90.0 billion. Profit attributable to shareholders of the Company was RMB 57.6 billion. Basic earnings per share were RMB 0.476. In accordance with IFRS, the Company's liability-to-asset ratio as at the end of 2019 was 50.04%, maintaining a sound financial position. Cash and cash equivalents amounted to RMB 60.3 billion as at 31 December 2019.

In upstream, greater efforts were made in oil and gas exploration, achieving satisfactory results in increasing reserves, stabilizing oil production, increasing gas output, and reducing costs. The domestic oil and gas reserve replacement ratio reached 138.7%, and market share of natural gas further increased. Operating profit of the refining segment totaled RMB 30.6 billion; Operating profit of the chemicals segment was RMB 17.2 billion; Operating profit of the marketing and distribution segment was RMB 29.1 billion. Taking into account the Company's profitability, shareholder returns and the future development, the Board of Directors proposed a final dividend of RMB 0.19 per share. Combined with the interim dividend of RMB 0.12 per share, the total dividend for the year is RMB 0.31 per share. Dividend payout ratio reached 65.3%.

Global Petroleum Needle Coke Market Split by Product Type and Applications:

This report segments the market on the basis of Types are:

High-Sulfur Petroleum Needle Coke, Middle-Sulfur Petroleum Needle Coke, Low-Sulfur Petroleum Needle Coke, etc.

On the basis of Application, the market is segmented into:

Ultra High Power Electrode, Special Carbon Materials, Others, etc.

Click the link to get a Sample Copy of the Report:
https://www.marketinsightsreports.com/reports/04272008480/global-petroleum-needle-coke-market-2020-by-manufacturers-regions-type-and-application-forecast-to-2025/inquiry?source=openpr&Mode=12

Regional Analysis For Petroleum Needle Coke Market:

For comprehensive understanding of market dynamics, the global Petroleum Needle Coke market is analyzed across key geographies namely:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Petroleum Needle Coke Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020–2026.

Following are major Table of Content of Petroleum Needle Coke Market:

- Global Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- Global Market competition by top Players
- Analysis by Regions
- Consumption by Regions
- Consumption, By Types, Revenue and Market share by Types
- Consumption, By Applications, Market share (%) and Growth Rate by Applications
- Complete profiling and analysis of Players
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Market Effect Factors Analysis
- Global Market Forecast
- Global Market Research Findings and Conclusion, Appendix, methodology and data source

Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter’s Five Forces Analysis and SWOT Analysis.

For More Information On This Report, Please Visit: https://www.marketinsightsreports.com/reports/04272008480/global-petroleum-needle-coke-market-2020-by-manufacturers-regions-type-and-application-forecast-to-2025?source=openpr&Mode=12

We Offer Customization On Report Based On Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.

Related Reports:

Oil Needle Coke Market:
https://www.marketinsightsreports.com/reports/04161995291/global-oil-needle-coke-market-research-report-2020?source=openpr&Mode=12

Coal Based Needle Coke Market:
https://www.marketinsightsreports.com/reports/11141566109/coal-based-needle-coke-market-insights-2019-global-and-chinese-analysis-and-forecast-to-2024?source=openpr&Mode=12

Petroleum Distillates Market:
https://www.marketinsightsreports.com/reports/05262044163/global-petroleum-distillates-market-growth-2020-2025?source=openpr&Mode=12

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 global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.