(MENAFN- The Express Wire) Needle Coke Market Global Trends, Size, Segments And Growth Forecast To 2026 | Fortune Business Insights
Posted on Oct 9 2020 6:00 AM
"Needle Coke Market Size, Share And Global Trend By Type(Petroleum Derived, Coal Tar Pitch), By Grade(Intermediate,Premium,Super Premium), By Application(Graphite Electrode, Lithium-Ion Battery, Special Carbon Material), And Geography Forecast Till 2026
"
The global needle coke market is likely to gain momentum from the ongoing industrial development in energy, construction, transportation, and aviation industry. According to an upcoming report by Fortune Business Insights, titled, " Needle Coke " Market Size, Share and Global Trend by Type (Petroleum Derived, Coal Tar Pitch), by Grade (Intermediate, Premium, Super Premium), by Application (Graphite Electrode, Lithium-Ion Battery, Special Carbon Material), and Geography Forecast till 2026, needle coke is being utilized the most in battery, aluminum, and steel manufacturing units. This is likely to impact the global market positively. Additionally, it plays a very important role in the steel recycling process.
Request a Sample Copy of the Global Market Research Report [To enable links contact MENAFN]
Key Segmental Overview:
1. By Type
- Petroleum Derived
- Coal Tar Pitch
2. By Grade
- Intermediate
- Premium
- Super Premium
3. By Application
- Graphite Electrode
- Lithium-Ion Battery
- Special Carbon Material
- Others
4. By Geography
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
For more information in the analysis of this report, visit [To enable links contact MENAFN]
Key Market Driver Extensive demand from steel industry
Key Market Restraint Unpredictable and volatile prices of oil and gas
Fortune Business Insights has profiled some of the prominent market players operating in the global needle coke market. They are
- Graphite India Ltd.
- Posco Chemical Company
- Sinopec Shanghai Petrochemical Company Limited
- GrafTech International Ltd.
- Bao-steel Group
- Mitsubishi Chemical Corporation
- China National Petroleum Corporation
- Sumitomo Corporation
- Seadrift Coke LP
- Shaanxi Coal and Chemical Industry Group
- Petrocokes Japan Ltd.
- Indian Oil Corporation
- Phillips 66
- JXTG Holdings
- Baotailong New Material Co. Ltd.
- Sojitz Ject Corporation
- C-Chem Co. Ltd
Request for customization [To enable links contact MENAFN]
Key Market Players Aim to Focus on Strategic Joint Ventures to Gain Competitive Edge
Two Chinese companies, namely, Shanghai Baosteel Chemical Co. Ltd, a manufacturer of premium steel products and Fangda Carbon, a manufacturer and seller of carbon products announced that they have jointly set up Ultra-High Power (UHP) grade graphite electrode plant in August 2018. The plant is named Boafang Carbon Material Technology Co. Ltd. The companies also revealed that the unit capacity is anticipated to be approximately 100,000 tons per year. The operation will commence from 2020. Shanghai Baosteel Chemicals possesses 51% share in this new company and the registered amount of this joint venture is USD 190 million. Reliance Industries Ltd., a multinational conglomerate company, headquartered in Mumbai, announced that it has approached three leading oil marketing companies to purchase petroleum coke, also known as petcoke from them in August 2018. It was done for firing its $5 billion petcoke gasifiers.
Immense Growth Opportunities in Wind and Solar Power to Favor Growth in Europe
The global needle coke market is geographically divided into Latin America, Asia Pacific, the Middle East and Africa, Europe, and North America. Amongst these regions, North America is projected to witness notable growth in the market because of the persistent development in the production and exploration activities of hydrocarbon. Also, the ongoing strategic development in transportation, industrial products, electronics & telecommunication, and infrastructure will contribute to the overall needle coke market growth in this region. Europe, on the other hand, is witnessing a rise in the rate of steel utilization which is anticipated to propel the market. This is mainly because of the increasing focus on energy security which has further led to numerous growth opportunities in wind and solar power industries. Technological advancement is also aiding in the needle coke market growth in this region.
Fortune Business Insights predicts that Asia Pacific has a huge growth potential. This is because of the existence of several prominent graphite electrode manufacturers in the region. This is coupled with the rising adoption of lithium batteries in China. India, one of the fastest developing countries in Asia Pacific, is slowly opening its door to immense development opportunities. The Middle East and Africa is growing day by day due to its advanced production and exploration activities for gas and oil. This region is also exporting petroleum products and are involved in hydrocarbon business. These factors are likely to drive the needle coke market in this region.
Have any Query? Speak to Analyst at: [To enable links contact MENAFN]
Major Table of Content For Needle Coke Market:
Introduction Executive Summary Market Dynamics Key Insights Global Needle Coke Market Analysis, Insights and Forecast, 2026 North America Needle Coke Market Analysis, Insights and Forecast, 2026 Europe Needle Coke Market Analysis, Insights and Forecast, 2026 Asia Pacific Needle Coke Market Analysis, Insights and Forecast, 2026 The Middle East and Africa Needle Coke Market Analysis, Insights and Forecast, 2026 Latin America Needle Coke Market Analysis, Insights and Forecast, 2026 Competitive Landscape Company Profile Conclusion An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this Market.
[To enable links contact MENAFN]
(Have a Look at Reports Trending in " Energy & Power " Industry)
View Related Reports:
Vanadium Redox Flow Battery Market Future Prospects, Revenue Growth And Outlook 2026 | Fortune Business Insights
Electrical Steel Market Insights By Revenue, Upcoming Trends And Top Players Forecast Till 2026
Lathe Machines Market Size, Share And Major Industry Players Forecast 2026 | Fortune Business Insights
Wi-Fi Analytics Market Global Industry Analysis, Potential Growth, Key Players and Latest Trends Forecast by 2026 | Fortune Business Insights
Oilfield Service Market Highlights By Type And End Users, Phenomenal Growth Forecast Till 2026 | Fortune Business Insights
About us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email : [email protected]
Fortune Business Insights™
LinkedIn | Twitter | Blogs