Market Overview:
The global fuel-grade petcoke market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fuel-grade petcoke from various end-use industries, such as power sector, cement industry, and others. In terms of type, the shot coke type segment is expected to lead the global fuel-grade petcoke market during the forecast period. This can be attributed to its high calorific value and low ash content as compared with sponge coke type.
Product Definition:
Fuel-grade petcoke is a type of fuel that is made from petroleum coke. It is used to generate power and heat, and it can also be used in manufacturing processes. Fuel-grade petcoke has a higher energy content than coal, making it a more efficient fuel source.
Shot Coke Type:
Shots are small particles of carbon that are used in the processing of petroleum. They help in increasing the octane rating and hence, increase the efficiency of fuel. The global shot coke market is expected to witness significant growth on account of its rising demand for use as a additive in diesel fuel owing to its ability to reduce air pollution caused by formaldehyde, which results into respiratory diseases such as asthma.
Sponge Coke Type:
Sponge coke is a type of coal that has been processed to remove impurities such as sulfur, ash and silica. It consists of almost pure carbon with low moisture and impurities. Sponge coke is used in fuel-grade petcoke market owing to its properties such as high calorific value (4,947 Kcal/kg), very low moisture content (0.3% w/w) and large particle size (less than 60 mesh).
Application Insights:
The power sector accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The product is used as an alternative to coal in various power plants across the world owing to its superior combustion quality, which results in improved efficiency and lower emissions. Fuel-grade petcoke finds application as boiler fuel or firebrick replacement in boilers operating on gas or steam turbines, thereby eliminating emission sources such as nitrogen oxides (NOx).
Petroleum coke has high coking ability compared to other types of coal; this quality makes it suitable for use as a bricklayer¢â‚¬â„¢s brick by cement manufacturers.
Regional Analysis:
Asia Pacific accounted for the largest market share of over 45% in 2017. The region is expected to witness significant growth owing to rising demand from power sector, rapid industrialization and urbanization, and expansion of cement industry. China is anticipated to be a key contributor towards regional growth on account of presence of large coal reserves which can be utilized as feedstock for manufacturing cement.
The European petcoke market was valued at USD X billion in 2017 and is projected to grow at a CAGR close to 2% during the forecast period on account of growing energy sector primarily fueled by increasing shale gas exploration activities in countries such as Poland, France, Russia, UK etc., which will drive power generation across Europe region thereby driving product demand over the forecast period.
North America accounted for nearly 25% market share in terms of volume consumed in 2017 owing mainly high consumption levels from U.S.
Growth Factors:
- Increasing demand for fuel-grade petcoke from the cement and steel industries as a substitute for coal and natural gas
- Rising crude oil prices, which is expected to increase the demand for fuel-grade petcoke as a cheaper alternative to other fuels
- Stringent environmental regulations on emissions from traditional fuels such as coal that are pushing companies towards cleaner alternatives like fuel-grade petcoke
- The increasing popularity of Fischer Tropsch synthesis (FTS) technology, which uses fuel-grade petcoke as a feedstock to produce synthetic diesel and jet fuels
- Growing investments in refineries and upgrading facilities that can handle heavier grades of crude oil, which will lead to an increase in production of fuel-grade petcoke
Scope Of The Report
Report Attributes
Report Details
Report Title
Fuel-Grade Petcoke Market Research Report
By Type
Shot Coke Type, Sponge Coke Type
By Application
Power Sector, Cement Industry, Others
By Companies
Shell, Valero Energy, ConocoPhillips, Marathon Petroleum Corporation, Asbury Carbons, ExxonMobil, Aminco Resource, Indian Oil, Suncor Energy, Oxbow
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Fuel-Grade Petcoke Market Report Segments:
The global Fuel-Grade Petcoke market is segmented on the basis of:
Types
Shot Coke Type, Sponge Coke Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Sector, Cement Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shell
- Valero Energy
- ConocoPhillips
- Marathon Petroleum Corporation
- Asbury Carbons
- ExxonMobil
- Aminco Resource
- Indian Oil
- Suncor Energy
- Oxbow
Highlights of The Fuel-Grade Petcoke Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Shot Coke Type
- Sponge Coke Type
- By Application:
- Power Sector
- Cement Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fuel-Grade Petcoke Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fuel-grade petcoke is a type of coal that has been cleaned of impurities and is ready to be used as fuel.
Some of the major players in the fuel-grade petcoke market are Shell, Valero Energy, ConocoPhillips, Marathon Petroleum Corporation, Asbury Carbons, ExxonMobil, Aminco Resource, Indian Oil, Suncor Energy, Oxbow.
The fuel-grade petcoke market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fuel-Grade Petcoke Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fuel-Grade Petcoke Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fuel-Grade Petcoke Market - Supply Chain
4.5. Global Fuel-Grade Petcoke Market Forecast
4.5.1. Fuel-Grade Petcoke Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fuel-Grade Petcoke Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fuel-Grade Petcoke Market Absolute $ Opportunity
5. Global Fuel-Grade Petcoke Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fuel-Grade Petcoke Market Size and Volume Forecast by Type
5.3.1. Shot Coke Type
5.3.2. Sponge Coke Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fuel-Grade Petcoke Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fuel-Grade Petcoke Market Size and Volume Forecast by Application
6.3.1. Power Sector
6.3.2. Cement Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fuel-Grade Petcoke Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fuel-Grade Petcoke Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fuel-Grade Petcoke Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fuel-Grade Petcoke Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fuel-Grade Petcoke Demand Share Forecast, 2019-2026
9. North America Fuel-Grade Petcoke Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fuel-Grade Petcoke Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fuel-Grade Petcoke Market Size and Volume Forecast by Application
9.4.1. Power Sector
9.4.2. Cement Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fuel-Grade Petcoke Market Size and Volume Forecast by Type
9.7.1. Shot Coke Type
9.7.2. Sponge Coke Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fuel-Grade Petcoke Demand Share Forecast, 2019-2026
10. Latin America Fuel-Grade Petcoke Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fuel-Grade Petcoke Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fuel-Grade Petcoke Market Size and Volume Forecast by Application
10.4.1. Power Sector
10.4.2. Cement Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fuel-Grade Petcoke Market Size and Volume Forecast by Type
10.7.1. Shot Coke Type
10.7.2. Sponge Coke Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fuel-Grade Petcoke Demand Share Forecast, 2019-2026
11. Europe Fuel-Grade Petcoke Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fuel-Grade Petcoke Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fuel-Grade Petcoke Market Size and Volume Forecast by Application
11.4.1. Power Sector
11.4.2. Cement Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fuel-Grade Petcoke Market Size and Volume Forecast by Type
11.7.1. Shot Coke Type
11.7.2. Sponge Coke Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market AttractivenessGrowth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fuel-Grade Petcoke Demand Share, 2019-2026
12. Asia Pacific Fuel-Grade Petcoke Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fuel-Grade Petcoke Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fuel-Grade Petcoke Market Size and Volume Forecast by Application
12.4.1. Power Sector
12.4.2. Cement Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fuel-Grade Petcoke Market Size and Volume Forecast by Type
12.7.1. Shot Coke Type
12.7.2. Sponge Coke Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fuel-Grade Petcoke Demand Share, 2019-2026
13. Middle East & Africa Fuel-Grade Petcoke Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fuel-Grade Petcoke Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fuel-Grade Petcoke Market Size and Volume Forecast by Application
13.4.1. Power Sector
13.4.2. Cement Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fuel-Grade Petcoke Market Size and Volume Forecast by Type
13.7.1. Shot Coke Type
13.7.2. Sponge Coke Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fuel-Grade Petcoke Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fuel-Grade Petcoke Market: Market Share Analysis
14.2. Fuel-Grade Petcoke Distributors and Customers
14.3. Fuel-Grade Petcoke Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Valero Energy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ConocoPhillips
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Marathon Petroleum Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Asbury Carbons
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ExxonMobil
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aminco Resource
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Indian Oil
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Suncor Energy
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Oxbow
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
