openPR Logo
Press release

Petroleum Coke Market - Global Industry Analysis, Growth, Trends and Forecast, 2014 - 2020

Ceaseless energy needs of the cement and energy industries in the developing nations of Asia Pacific will lead the global petroleum coke (petcoke) market to reach new heights till 2020, says Transparency Market Research (TMR). The report states that the global petroleum coke market will exhibit a CAGR of 8.5% from 2014 to 2020 for the market to reach a valuation of US$24.11 bn by 2020 increasing from US$13.28 bn in 2013. The report, titled “Petroleum Coke Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, is available for sale on the company website.

Browse Industry Research Report with free Analysis: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=403

The report states that, presently, petcoke trade is swinging east due to the heavy demand for fuel grade coke in the industrializing countries of Asia Pacific. In this region, China and India are exhibiting sizeable demand for petcoke due to the unprecedented demand for power to run these industries.On the contrary, pollution-causing traits and the environmental concerns about the same are not encouraging the utilization of petcoke. Thus, the growth of the market is negatively affected. Nevertheless, to counter this, market participants can engage in gasification of petcoke, which will lead to the production of clean power and increase profit margins in return.

The report divides the global petcoke market in the basis of product type, end-use, and region. By product type, fuel grade and calcined coke are the segments of the market. Between the two, it is the fuel grade product type that will lead the market during the forecast period. In 2013, fuel-grade petcoke held more than 72.0% of the overall market, whereas calcined type held 26.0% of the market. This is mainly due to its cost-effectiveness in comparison with coal and natural gas. Fuel grade petcoke also has the advantage of high calorific value in comparison with natural gas and coal.

However, increasing aluminum production will boost the demand for calcined petcoke during the forecast period, says the report. Calcined petcoke is also used in paints and coatings, steel, paper, and fertilizers, which will boost the demand for the product in the coming years.

Currently, Asia Pacific is the dominant region for petroleum coke. In 2013, the region contributed almost 32% of the revenue of the global market. This is attributed to the massive demand for petcoke from India and China. In these countries, the power and cement industries account for bulk consumption of petcoke.

In the same year, at 24%, Europe held slightly less than a quarter of the global market for petroleum coke, adds the report. However, Asia Pacific and Europe will register the highest growth rate in the global petroleum coke market during the report’s forecast period, which will be the target regions for companies operating in this market.

The report mentions and profiles the top companies that operate in the global petcoke market, namely BP Plc, Chevron Corporation, ExxonMobil Corporation, Saudi Arabian Oil Company, Valero Energy Corporation, Essar Oil Ltd, Indian Oil Corporation Limited, Reliance Industries Limited, and Royal Dutch Shell Plc.

The global petcoke market is segmented as follows:

Petroleum Coke Market: Product Type Analysis

Fuel Grade Coke
Calcined Coke
Petroleum Coke Market: End Use Segment Analysis

Calcining
Power Plants
Cement Kilns
Blast Furnace
Others
Petroleum Coke Market: Regional Analysis

North America
Europe
Asia Pacific
Rest of the World (RoW)

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Mr. Sudip.S
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Petroleum Coke Market - Global Industry Analysis, Growth, Trends and Forecast, 2014 - 2020 here

News-ID: 347787 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Coke

Foundry Coke Market Size, Revenue Status and Industry Outlook During 2020 to 202 …
The report discusses many vital industry facets that influence Global Foundry Coke industry acutely which includes extensive study of competitive edge, latest technological advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. Request sample copy of this report at https://www.marketinsightsreports.com/reports/1031956177/global-foundry-coke-market-insights-forecast-to-2025/inquiry?source=label&Mode=21 Foundry Coke
Foundry Coke Market Research Report 2018: Top Players are ERP Compliant Coke LLC …
The latest market research report titled Foundry Coke market offers a detailed evaluation of the market situation within a specific geographic region. This Foundry Coke Market study contains vital data on market shifts owing to social, economic, cultural and technological changes worldwide. Explaining market opportunities remains the key focus of the study. Industry experts analysing the business environment also take a closer look at the organizational alignment as well as
Foundry Coke Market 2019 Global Analysis By Key Players – ABC Coke, ERP Compli …
WiseGuyReports.Com Publish a New Market Research Report On –“ Foundry Coke Market 2019 Global Analysis By Key Players – ABC Coke, ERP Compliant Coke, Erie Coke, Tonawanda Coke Corporation”. Foundry Coke Industry 2019 Description:- Foundry Coke is mainly used in blast furnace and used for copper, lead, zinc, titanium, antimony, mercury and other non-ferrous metal smelting blast furnace, reductant, play a thermite and stock column skeleton function. It is a source of
Foundry Coke Market Report 2018 Companies included ABC Coke (Drummond ), ERP Com …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com ********* This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides
Foundry Coke Market Report 2018 Companies included ABC Coke (Drummond ), ERP Com …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com ********* This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed
Foundry Coke Market Key growth Analysis on ABC Coke (Drummond ),ERP Compliant Co …
Market Study Report adds 2018-2023 global Foundry Coke Market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more. The Foundry Coke Market Report gives a clear picture of the current situation of the market which covers global industry analysis, size, share, growth, trends, key statistics and forecast Till 2023. The report on global Foundry