Global Petcoke Market is Expected to grow at a CAGR of 10.29% over Forecast period 2015-2019

Albany, NY, Dec 06: Petcoke or petroleum coke is a porous solid infusible and insoluble dark grey to black mass composed of highly condensed aromatic polycyclic hydrocarbons with a small percentage of other organic compounds. Petcoke is a refinery by-product. Once all the valuable fractions have been extracted from crude oil, the residues or heavy fractions are subjected to additional processing known as coking. Coking is basically thermal cracking of heavy oil fractions to extract valuable light oil fractions. Petcoke is produced as a result of this process. The petcoke thus produced is known as green coke or fuel-grade petcoke. Green petcoke is further processed or refined to form calcined petcoke, suitable for use in aluminum, steel, fertilizer, paper, and paint and colouring industries.

The global petcoke market to grow at a CAGR of 10.29 percent over the period 2014-2019. The report covers the present scenario and the growth prospects of the global petcoke market for the period 2015-2019. The global petcoke market has been segmented on the basis of products (fuel-grade and calcined coke) and end-users (cement, power plants, aluminum, steel, fertilizer, paper, and paints and colouring industries).

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Technavio's report, Global Petcoke Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the global petcoke market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions
- Americas
- APAC
- EMEA

Key Vendors
- BP
- Chevron
- China National Petroleum
- Reliance Industries
- Royal Dutch Shell
- Saudi Aramco

Other Prominent Vendors
- Essar Oil
- HPCL
- IOCL
- Koch Carbon
- Oxbow
- Valero

Market Driver
- Boom in production of heavy oil and tar sands
- For a full, detailed list, view our report

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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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