Needle Coke Market 2021 Analysis by Global Manufacturers - ConocoPhillips, C-Chem, Seadrift Coke, JXTG Holdings, Sumitomo Corporation, Mitsubishi Chemical

The report begins with the overview of the Needle Coke Market and offers throughout development. It presents a comprehensive analysis of all the regional and major player segments that gives closer insights upon present market conditions and future market opportunities along with drivers, trending segments, consumer behaviour, pricing factors and market performance and estimation. The forecast market information, SWOT analysis, Needle Coke market scenario, and feasibility study are the vital aspects analysed in this report.

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In 2020, the global Needle Coke market size was US$ 3222.3 million and it is expected to reach US$ 4781.5 million by the end of 2027, with a CAGR of 5.8% during 2021-2027.

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 Needle Coke Market: ConocoPhillips, C-Chem, Seadrift Coke, JXTG Holdings, Sumitomo Corporation, Mitsubishi Chemical, Indian Oil Company, Shanxi Hongte Coal Chemical, Fangda Carbon, Shanxi Jinzhou Group, CNPC Jinzhou Petrochemical, Shandong Yida New Material, Sinosteel

The main market for needle coke is Asia Pacific, accounting for about 50% of the total market, followed by North America, accounting for about 25%.
Phillips 66, C-Chem, Seadrift Coke, Shanxi Jinzhou Group and Sumitomo Corporation are the major manufacturers, with the top three accounting for about 65%.

Industry News:

-In Feb 2020, The National Iranian Oil Refining and Distribution Company (NIORDC) and Iranian Mines & Mining Industries Development & Renovation (IMIDRO) signed an agreement to produce sponge and needle coke in the two refineries (Bandar Abbas and Imam Khomeini). These two petroleum coke production units are expected to produce 700,000 tons per year of sponge and needle cokes in Iran (620,000 tons of needle coke in Bandar Abbas Refinery). These two projects are expected to take 3 years to complete

-In December 2020, Mitsubishi Chemical Holdings Corporation established a wholly owned subsidiary in Singapore, Mitsubishi Chemical Holdings Asia Pacific Pte. Ltd. (MCHAP), to take responsibility for regional representation, risk management, and compliance in Asia Pacific

Global Needle Coke Market Split by Product Type and Applications:

Segment by Type, the Needle Coke market is segmented into
Petroleum-based
Coal-based

Segment by Application, the Needle Coke market is segmented into
Graphite Electrode
Special Carbon Material
Others

Regional Analysis For Needle Coke Market:

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 etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Influence of the Needle Coke Market Report:

-Comprehensive assessment of all opportunities and risk in the Needle Coke market.

-Needle Coke market recent innovations and major events.

-Detailed study of business strategies for growth of the Needle Coke market-leading players.

-Conclusive study about the growth plot of Needle Coke market for forthcoming years.

-In-depth understanding of Needle Coke market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Needle Coke market.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Needle Coke Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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