Needle Coke Market Will Increase Demand, Statistics, Growth Rate In Forecast By 2027

The global Needle Coke Market is forecasted to be worth USD 5.88 Billion by 2027, according to a current analysis by Emergen Research. The surge in energy vehicles increases the consumption of needle coke in electric vehicles. The rise in demand for steel recycling is assumed to augment market growth in the coming years. Volatility in the global natural gas and crude oil due to the demand and supply fluctuations will limit market growth. There is also a growing demand for the needle coke product from various end-use industries like construction and oil and gas. It acts as a raw material in steel recycling and application in engineering, automobile, and aerospace.

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The report offers thorough industry-wide and economy-wide analyses of the global Needle Coke industry, drawing the focus of the readers on the supply and demand dynamics, sales, and production and manufacturing capacity. By evaluating the production and consumption rates, sales network and distribution channels, pricing analysis, profit margins, cost and demand volatility, import/export dynamics, and gross market revenue, the study extensively elaborates on the present market scenario. An in-depth analysis of the crucial aspects of the market, such as drivers, restraints, limitations, growth prospects, macro- and micro-economic factors, and other key elements, is also included in the study.

Key Highlights From The Report

• The super-premium grade exhibits a low puffin rate, low coefficient of thermal expansion (CTE), which ensures higher productivity by 5% in the recycling operations of steel. The super-premium grade is also the finest grade used in the production of high-quality ultra-high power (UHP) graphite electrodes.
• Graphite electrodes find application in the ladle furnace (LF) and electric arc furnace (EAF) for the production of silicon metal, steel, melting processes, and ferroalloy production, among others.
• The market in the Asia Pacific region dominated the needle coke market share in the year 2019 and is anticipated to have a CAGR of 7.5% during the forecast period. The high market share in the region is due to the growth of the manufacturing sector and growing infrastructure.
• Key participants include Mitsubishi Chemical Corporation, Phillips 66, Graftech International, Indian Oil Corporation Limited, Sumitomo Chemical Company, Sojitz Ject Corporation, China National Petroleum Corporation, Baosteel Group, Asbury Carbon Inc., and Graphite India Limited, among others.

Needle Coke Market Segmentation:

For the purpose of this report, Emergen Research has segmented into the global Needle Coke Market on the basis of product type, grade, application, and region:

• Product Type Outlook (Revenue, USD Billion; 2017-2027)
o Coal-Based Needle Coke
o Petroleum-Based Needle Coke
• Grade Outlook (Revenue, USD Billion; 2017-2027)
o Super-Premium Grade
o Premium Grade
o Intermediate-Premium Grade
• Application Outlook (Revenue, USD Billion; 2017-2027)
o Electrodes
o Silicon Metal & Ferroalloys
o Carbon Black
o Rubber Compounds
o Others

The study offers key insights into the strengths and weaknesses of the prominent players through an extensive SWOT analysis and Porter’s Five Forces analysis. The report also covers the segmentation of the market based on product types, application spectrum, and key regions. The investigative study assesses the global Needle Coke market with regards to market size, market share, and revenue. The global Needle Coke market, on the basis of region, has been broadly categorized into several key regions, including North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. The report sheds light on the presence of the global Needle Coke market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and various other key elements.

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Key Coverage of the Needle Coke Market:

• Insightful information regarding the global Needle Coke market
• Identification of growth in various segments and sub-segments of the Needle Coke market
• Strategic recommendations for investment opportunities
• The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
• Emerging trends and current market segment analysis to help investors formulate new business strategies
• Accelerates the decision-making process through the availability of the drivers and limitations

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Needle Coke Market Segmentation & Impact Analysis
4.1. Needle Coke Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growth of the iron & steel industry, especially in the APAC region
4.2.2.2. Escalating demand for lithium-ion batteries
4.2.2.3. Technological advancement
4.2.3. Market restraints analysis
4.2.3.1. Fluctuations in demand-supply gap
4.2.3.2. Legislative regulations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

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