Petroleum Needle Coke Market 2021 Global Insights and Business Scenario – ConocoPhillips, Seadrift Coke, JX Nippon Oil & Energy Corporation, Sumitomo Corporation, CNPC Jinzhou Petrochemical

Petroleum Needle Coke Market Report provides detailed analysis of Growth Factors of the market as well as it gives an analysis of the Market size, Latest trends, SWOT Analysis by Regions and Forecasted market research data until 2026. The Petroleum Needle Coke market report has studied key opportunities in the market and influencing factors which are useful to the business. The report also maps the qualitative and quantitative impact of various market factors like macro-economic indicators, PPP, Epidemiological data, Insurance scenario and patent and IP information, Government Policies and business regulations along market attractiveness as per segments.

Petroleum Needle Coke market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 602.1 million in 2020. Over the next five years the Petroleum Needle Coke market will register a 2.3% CAGR in terms of revenue, the global market size will reach US$ 658.9 million by 2026.

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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: ConocoPhillips, Seadrift Coke, JX Nippon Oil & Energy Corporation, Sumitomo Corporation, CNPC Jinzhou Petrochemical and others.

Industry News and Updates:

Gazprom Neft needle-coke production technology included in Russia’s top-10 inventions of 2020

05 March 2021 — A needle-coke production technology developed by Gazprom Neft has been included in state patent agency Rospatent’s annual ratings of Russia’s top-10 most important inventions. This solution, developed by Gazprom Neft specialists, is making it possible for production of needle coke — a product used in producing lithium-ion storage batteries, as well as graphite electrodes used in the steel-making industry — to be handled in Russia for the first time. Needle-coke production is expected start, initially, at Gazprom Neft’s Omsk Refinery, where modernisation of the plant’s delayed coking unit was completed in 2021.

Rospatent experts see this invention as being as important to the country as major scientific and technological achievements including the launch of the tuberculosis vaccine, the invention of a fundamentally new way of manufacturing solar battery cells, and the development of an innovative fire-protective material for buildings.

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

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

Ultra High Power Electrode
Special Carbon Materials
Others

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Regional analysis:

This report covers South America, North America, Europe, Asia Pacific (APAC), Africa and The Middle East, taking into account the clear evidence of where the market is fully examined, typical market examples, blocks and open access roads for power generation. With a huge population, Asia Pacific has revenues in the picture year, and dominates the Petroleum Needle Coke market share, at any given time. Continuous GDP reform; Institutional progress per capita is becoming urbanized in the metropolitan area. This expanded revenue has led to indulging in top private and unrealistic usage models in the Petroleum Needle Coke market deployed in the region. While an important piece of the Petroleum Needle Coke market center around the global expansion of business, territories such as the Middle East and Africa will grow steadily. Big market development will take place in Latin America because of the small expansion producers' attempts at profits. In Europe, a lethargic improvement is expected due to mood-oriented rules and early stages.

Find Out:

Petroleum Needle Coke market: Where are the opportunities? What does the future look like for Petroleum Needle Coke? What will be the market size in the next 5 years?
Petroleum Needle Coke Market trends: What is driving the market? Where are the key players? What are their strategies? What is holding the market behind? Where is the industry heading for in the short and long-term? How are new developments expected to change the market?
Technology: How are new technologies shaping the Petroleum Needle Coke market?

 

What are the new revenue channels which companies can explore for growth?       

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Due to the onset of COVID-19 pandemic, several economies across the world have experienced harsh economic downturn. The industrialists across North America, Europe, Asia Pacific, Latin America and Middle East and Africa were facing problems due to changing preferences of the customers and demand fluctuation. The market research report covers pre-Covid-19 data for the Petroleum Needle Coke market in years 2018 and 2020. Further, the report also covers forecast Covid-19 data from 2021 to 2026, which provides future outlook of the market for the manufacturers and suppliers.

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