Press release
Calcined Anthracite Market Report: Analysis and Forecast to 2028 with US$ 3.9 Billion Valuation | IMARC Group
How Big is the Calcined Anthracite Market?
The global calcined anthracite market size reached US$ 3.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 2.2% during 2023-2028.
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What is Calcined Anthracite?
Calcined anthracite is a raw anthracite that is used as a filler in the manufacturing of cathode blocks, carbon electrodes, ramming and electrode paste, and other carbon products. It is produced by annealing anthracite coal in a horizontal gas or electric furnace at a high temperature. It removes residual volatile organic compounds and reduces the electrical resistivity property of the material. It is also used as an alternative to calcined oil coke in the manufacturing of ductile and grey irons. As a result, calcined anthracite is extensively used as a recarburiser in the blast and ladle furnaces for producing tamping paste and carbon blocks.
What are the growth prospects and trends in the calcined anthracite industry?
The growing use of filtration systems in wastewater management and drinking water and the increasing demand for energy due to rapid industrialization are some of the primary factors providing a considerable boost to the market growth. Moreover, the rising demand for electric vehicles (EVs) on account of surging environmental awareness and the rapidly expanding aviation industry are creating a positive outlook for the market.
In line with this, the fueling use of steel in the agriculture, automobile, and construction industries and the increasing investments in research and development (R&D) activities are bolstering the market growth. Other factors, such as the rapidly expanding steel and iron manufacturing sectors and the rising understanding regarding the superior electrical and thermal stability properties of calcined anthracite, are positively contributing to the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
Asbury Carbon
Black Diamond (Clarus Corporation)
Dev Technofab Ltd.
Elkem ASA (Orkla ASA)
Headwin Exim Private Limited
Henan Star Metallurgy Material Co.Ltd
Jh Carbon Pty Ltd
Kingstone Group
Resorbent s.r.o.
Rheinfelden Carbon Products GmbH
Sojitz JECT Corporation
Voltcon International PTE Limited.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Technology:
Gas Calcined Anthracite
Electrically Calcined Anthracite
Breakup by Application:
Pulverized Coal Injection (PCI)
Basic Oxygen Steelmaking
Electric Arc Furnaces
Breakup by End Use Industry:
Iron and Steel
Aluminum
Pulp and Paper
Power Generation
Water Filtration
Others
Breakup by Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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