Press release
Coal-based Needle Coke Market Share, Size 2021 Movements by Analysis, Progression Status, Revenue Expectation to 2026 -C-Chem, Mitsubishi Chemical, Shanxi Jinzhou Group, Sinosteel
The Coal-based Needle Coke Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Coal-based Needle Coke Market Size is Projected to Reach at a CAGR of 11% during 2021-2026.
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Top Leading Companies:
C-Chem, Mitsubishi Chemical, Shanxi Jinzhou Group, Sinosteel, Fangda Carbon, Nippon Steel Chemical, Baotailong
Recent Development:
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 the Asia Pacific
Nippon Steel Trading has acquired 1 company. The Company’s most targeted sectors include oil/gas exploration (100%). Nippon Steel Trading Corporation engages in marketing and import/export of steel, industrial supply and infrastructure. The company operates in five segments: Steelmaking and Steel Fabrication, Engineering and Construction, Chemicals, New Materials, and System Solutions. Nippon Steel Trading was founded in 1977 and is based in Tokyo, Japan.
Coal-based Needle Coke Market Segmentation by Type:
Raw Coke
Burning Coke
Coal-based Needle Coke Market Segmentation by Application:
Graphite Electrode
Special Carbon Material
Others
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China Dominates the Market:
Although China is the first country affected by the COVID-19 and its related lockdown, it is the first country that has come out of the lockdowns and is starting its long journey toward normalcy. However, as a major chunk of the Chinese economy is linked to foreign exports, where demand is still low will negatively affect the Chinese industry in the near future.
China holds the largest share in terms of consumption and production capacity of graphite electrodes in the global scenario, thus, presenting the scope for the steel production in the country, thus, further displaying the demand in the needle coke market during the forecast period.
Chinese manufacturers rushed to install capacity for graphite electrodes from the time the country began to commit heavily to higher rates of steel production via electric arc furnace in 2017. The capacities of electric arc furnaces have increased in recent times, with an increase of nearly 70 million metric ton in 2019. In addition to it, the Government of China is also focusing on developing eco-friendly means of producing steel. Several hundred thousand metric ton of new capacity of electric arc furnace is already in the pipeline. Currently, about 20% of the steel is produced from electric arc furnaces in the country.
Regional Coal-based Needle Coke Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Coal-based Needle Coke Market Report:
Detailed overview of Coal-based Needle Coke Market
Changing the Coal-based Needle Coke market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Coal-based Needle Coke market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Coal-based Needle Coke Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Coal-based Needle Coke Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Coal-based Needle Coke industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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