Metallurgical Coke Market Exploring Future Growth 2022-2031 And Key Players: Hickman Williams & Company, OKK Koksovny, SunCoke Energy, ECL, Mechel

The global metallurgical coke market report by the business research company identifies rapid growth in the steel industry to be a major growth driver for the metallurgical coke market. The steel industry refers to the business of processing iron ore into steel, which is an iron-carbon alloy, and, in some cases, turning that metal into partially finished products or recycling metal into steel. The metallurgical coke is helpful for iron ore and limestone for making molten iron, which is then further treated and heated to make steel. For instance, according to the India Brand Equity Foundation (IBEF), an India-based government promotion agency, in 2021 the production of crude steel and finished steel stood at 102.49 metric tonnes (MT) and 94.66 MT, respectively. Additionally, the government is expected to fix the objective of increasing rural consumption of steel from the current 19.6 kg/per capita to 38 kg/per capita by 2030-31. Moreover, according to the Worldsteel Association, a Belgium-based association, steel demand in the European Union is expected to reach 167.4 Mt in 2022. Therefore, rapid growth in the steel industry is driving the growth of the metallurgical coke market.

The global metallurgical coke market size is expected to grow from $170.44 billion in 2021 to $182.86 billion in 2022 at a compound annual growth rate (CAGR) of 7.3%. The global metallurgical coke market size is expected to grow to $212.51 billion in 2026 at a CAGR of 3.8%.

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Asia-Pacific was the largest region in the metallurgical coke market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global metallurgical coke market during the forecast period. The regions covered in the global metallurgical coke market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the metallurgical coke market are Hickman Williams & Company, OKK Koksovny, SunCoke Energy, ECL, Mechel, China Risun Coal Chemicals Group Limited, ArcelorMittal, Jiangsu Surun High Carbon Co. Ltd., Nippon Steel & Sumitomo Metal, Haldia Coke, GNCL, Baosteel Group, Shanxi Sunlight Coking Group Company Ltd., Taiyuan Coal Gasification (Group) Co. Ltd., and Shanxi Lubao Coking Group Co. Ltd.

The global metallurgical coke market is segmented 1) By Type: Blast Furnace Coke, Nut Coke, Foundry Coke, Pearl Coke, Breeze Coke, Buckwheat, Others
2) By Grade: ow Ash, High Ash
3) By Application: Iron and Steel Making, Sugar Processing, Glass Manufacturing, Others
4) By End Users: Steel, Foundry Industry, Others

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The Metallurgical Coke Market Report Contents Include
1. Executive Summary
2. Metallurgical Coke Market Characteristics
3. Metallurgical Coke Market Trends And Strategies
4. Impact Of COVID-19 On Metallurgical Coke
5. Metallurgical Coke Market Size And Growth
....
28. Key Mergers And Acquisitions In The Metallurgical Coke Market
29. Metallurgical Coke Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the metallurgical coke market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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