Press release
Petroleum Coke Market Poised to Reach USD 48.01 Billion by 2029, Fueled by Robust Type and Application Growth
Petroleum Coke Market
Report Scope:
Explore the comprehensive insights of the Global Petroleum Coke Market in this comprehensive report. Gain a deep understanding of market dynamics, regional trends, market values, and the pivotal drivers and restraints that shape the industry's trajectory.
Research Methodology:
This report leverages advanced research methodologies including PORTER and PESTEL analysis to provide a comprehensive examination of market dynamics, micro-economic influences, and external and internal factors influencing the industry's evolution.
The Global Petroleum Coke Market, with a projected valuation of USD 48.01 billion by 2029, is on an upward trajectory driven by surging energy demand, infrastructure growth, and expanding industrial applications. This comprehensive report equips stakeholders with actionable insights, empowering strategic decision-making and positioning the industry for a sustainable and impactful future.
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What are Petroleum Coke Market Dynamics?
Market Drivers and Restraints
Rising global energy demand, escalating infrastructure activities, and urban growth trends are propelling the petroleum coke industry. However, environmental and health concerns, attributed to emissions and hazards associated with petroleum coke, pose challenges to the market's growth.
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What is Petroleum Coke Market Segmentation?
Global Petroleum Coke Market Size, by Type
• Fuel grade coke
• Calcined coke
The global petroleum coke market is divided into two types, calcined coke and fuel grade coke, based on type. The fuel grade coke market sector dominated and controlled the overall market share in 2021. Fuel-grade coke has either a sponge coke or a shot coke structure. Coke has been produced in oil refineries for more than a century, but the mechanisms by which sponge coke or shot coke form are poorly understood and difficult to forecast.
In general, sponge coke is more likely to develop at lower temperatures and greater pressures. Despite being a great fuel for power generation in coal-fired boilers due to its high heat and low ash content, petroleum coke is high in sulphur and low in volatile composition, creating environmental risks.
Global Petroleum Coke Market Size, by Application
• Power plants
• Aluminum & Steel industry
• Cement industry
• Others
The global petroleum coke market is divided into four categories based on application: power plants, the aluminium and steel industries, the cement sector, and others. The aluminium and steel industry segment dominated the market in 2021 and controlled xx% of the total revenue. The elements that may be connected to the increase in demand for aluminium as a carbon source and energy source for powering cement kilns. It is anticipated that growing demand from the steel and aluminium sectors will fuel demand for this market segment.
Power plants and the cement industry are two important subsectors that make up a sizable amount of the petroleum coke business.
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Who are Petroleum Coke Market Key Players?
• China National Offshore Oil Corporation
• Essar Oil Corporation
• Indian Oil Corporation Limited
• Mitsubishi Corporation
• Sinopec
• British Petroleum
• Nippon Coke and Engineering
• Shell Petroleum
• Atha Group
• Aluminum Bahrain
• Carbograf
• Saudi Aramco
• Asbury Carbons
• ConocoPhillips
• Minmat Ferro Alloys
• Aminco Resource
• Reliance Industries
• China National Petroleum Corporation
• Rain CII
• MPC
• Luqing Petrochemical
• Shaanxi Coal and Chemicals
• Ferrolux
• ExxonMobil
• Landbridge Group
• Valero Energy
• Sumitomo Chemicals
• Others
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Table of content for the Petroleum Coke Market includes:
Global Petroleum Coke Market : Research Methodology
Global Petroleum Coke Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Petroleum Coke Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Petroleum Coke Market Segmentation
Global Market, by Type(2021-2029)
Global Market, by Application (2021-2029)
Regional Petroleum Coke Market (2021-2029)
Regional Market, by Type(2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile : Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Regional Insights:
Asia Pacific: Dominant in 2021 with a promising market share, the region is poised to maintain its leading position due to its significant utilization of petroleum coke in power plants and cement kilns.
Europe: Expected to witness robust growth due to the fuel's cost-effectiveness over natural gas and coal in energy production.
Middle East and Africa: Rising infrastructure development and crude oil refining activities are anticipated to drive petroleum coke demand in the region.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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