Market Overview:
The global green 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 green petcoke as a fuel and feedstock across various industries. In terms of type, the fuel grade segment is expected to hold a major share of the global green petcoke market during the forecast period. This can be attributed to its growing demand as a fuel in various industries, such as cement, steel, aluminum and others.
Product Definition:
Green Petcoke is a type of petroleum coke that has been processed to remove sulfur and other impurities. It is used as a fuel in power plants and cement kilns.
Fuel Grade:
Fuel grade is a type of coke which is used as fuel in internal combustion engines. It has high calorific value and hence can be used to generate more energy than conventional fossil fuels like diesel & petrol. The most commonly used fuel grades are LPG, CNG, and petrol/diesel blends. They have different properties such as viscosity, density & boiling point which helps the engine to run at optimum efficiency leading to better performance & reduced emissions.
Metallurgical Grade:
Metallurgical grade coke is a type of coke that is manufactured from high purity carbon and has very low moisture content. It also contains impurities such as iron, sulfur, and other metals in very small quantities. Metallurgical grade cokes are used for producing steel and related products. They have applications in the automotive industry as well where they are used to manufacture lightweight components such as batteries & fuel tanks which reduces the overall weight of vehicles resulting in improved fuel efficiency & reduced emissions.
Application Insights:
Cement was the largest application segment in 2015, accounting for over 60% of the total volume. Increasing construction activities in emerging economies including China and India on account of rapid urbanization is expected to drive product demand over the forecast period.
Petcoke acts as a useful additive in various cements and mortars as it improves their durability and strength. It also helps reduce shrinkage when applied during cement hydration process thereby making concrete more durable. In addition, it increases cement's resistance to chemicals, heat & cold, aging & corrosion thus making it an ideal choice for use in construction industry applications across various end-use industries such as building/ structures or civil engineering where high strength & durability are required by the structure Petcoke is widely used owing to its properties such as high combustion energy density per unit weight which makes petcoke an efficient fuel additive for use in industrial furnaces steel production kilns etc.
Regional Analysis:
Asia Pacific dominated the global petcoke market in 2016, accounting for a share of over 60%. The region is expected to witness high demand owing to rapid industrialization and growing infrastructure activities. China emerged as the largest consumer due to its large steel production capacity and increasing cement industry.
The European market was valued at USD X billion in 2016, which is anticipated to grow at a CAGR of XX% from 2017 to 2030 owing rising environmental concerns among consumers across the region. Increasing adoption of biomass as an energy source along with stringent regulations by various regulatory bodies such as EU are expected favorably impact industry growth over next eight years.
North America accounted for 18% share in 2016 and witnessed significant growth on account of rising construction spending along with increasing fuel consumption by aircraft manufacturers across U S A & Canada coupled with strong demand from Mexico’s automotive sector is likely drive industry expansion over next eight years - 2030 period).
Growth Factors:
- Increasing demand from steel and aluminum industries: Green petcoke is used as a fuel in the production of steel and aluminum. The increasing demand for these metals from the automotive, construction, and packaging industries is driving the growth of the green petcoke market.
- Growing environmental concerns: The use of traditional fuels such as coal leads to air pollution, which has harmful effects on human health and the environment. This has led to an increase in awareness about environmental concerns among consumers, which is driving them to opt for cleaner fuels such as green petcoke.
- Rising prices of crude oil: The prices of crude oil have been rising since 2016 due to geopolitical factors such as supply disruptions and increased demand from emerging economies like China and India. This is making green petcoke a more affordable option than other alternative fuels, thereby boosting its adoption rates across various industries.
- . Technological advancements: Green petcoke-fired power plants are becoming more common due to technological advancements that have made them more efficient than traditional power plants fueled by coal or natural gas .This is helping drive down emissions levels while providing cost savings for companies operating these plants . 5) Government initiatives supporting clean energy sources: Governments around the world are promoting clean energy sources such as solar and wind power through subsidies and tax breaks . This is helping drive up adoption rates of alternative fuels like green pet coke , which results in lower emissions levels
Scope Of The Report
Report Attributes
Report Details
Report Title
Green Petcoke Market Research Report
By Type
Fuel Grade, Metallurgical Grade
By Application
Cement, Steel, Aluminum, Others
By Companies
Sinopec, Valero, Reliance, Shell, ExxonMobil, CNPC, Chevron, Saudi Aramco, Marathon Petroleum Corporation, Oxbow, Sinopec, PBF Energy, ConocoPhillips, LyondellBasell, BP
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Green Petcoke Market Report Segments:
The global Green Petcoke market is segmented on the basis of:
Types
Fuel Grade, Metallurgical Grade
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
Cement, Steel, Aluminum, 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:
- Sinopec
- Valero
- Reliance
- Shell
- ExxonMobil
- CNPC
- Chevron
- Saudi Aramco
- Marathon Petroleum Corporation
- Oxbow
- Sinopec
- PBF Energy
- ConocoPhillips
- LyondellBasell
- BP
Highlights of The Green 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:
- Fuel Grade
- Metallurgical Grade
- By Application:
- Cement
- Steel
- Aluminum
- 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 Green 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Green Petcoke is a type of coal that has been cleaned of impurities and is typically used as a fuel for industrial processes.
Some of the major players in the green petcoke market are Sinopec, Valero, Reliance, Shell, ExxonMobil, CNPC, Chevron, Saudi Aramco, Marathon Petroleum Corporation, Oxbow, Sinopec, PBF Energy, ConocoPhillips, LyondellBasell, BP.
The green petcoke market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Green Petcoke Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Green Petcoke Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Green Petcoke Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Green Petcoke Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Green Petcoke Market Size & Forecast, 2018-2028
4.5.1 Green Petcoke Market Size and Y-o-Y Growth
4.5.2 Green Petcoke Market Absolute $ Opportunity
Chapter 5 Global Green Petcoke Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Green Petcoke Market Size Forecast by Type
5.2.1 Fuel Grade
5.2.2 Metallurgical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Green Petcoke Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Green Petcoke Market Size Forecast by Applications
6.2.1 Cement
6.2.2 Steel
6.2.3 Aluminum
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Green Petcoke Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Green Petcoke Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Green Petcoke Analysis and Forecast
9.1 Introduction
9.2 North America Green Petcoke Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Green Petcoke Market Size Forecast by Type
9.6.1 Fuel Grade
9.6.2 Metallurgical Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Green Petcoke Market Size Forecast by Applications
9.10.1 Cement
9.10.2 Steel
9.10.3 Aluminum
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Green Petcoke Analysis and Forecast
10.1 Introduction
10.2 Europe Green Petcoke Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Green Petcoke Market Size Forecast by Type
10.6.1 Fuel Grade
10.6.2 Metallurgical Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Green Petcoke Market Size Forecast by Applications
10.10.1 Cement
10.10.2 Steel
10.10.3 Aluminum
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Green Petcoke Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Green Petcoke Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Green Petcoke Market Size Forecast by Type
11.6.1 Fuel Grade
11.6.2 Metallurgical Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Green Petcoke Market Size Forecast by Applications
11.10.1 Cement
11.10.2 Steel
11.10.3 Aluminum
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Green Petcoke Analysis and Forecast
12.1 Introduction
12.2 Latin America Green Petcoke Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Green Petcoke Market Size Forecast by Type
12.6.1 Fuel Grade
12.6.2 Metallurgical Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Green Petcoke Market Size Forecast by Applications
12.10.1 Cement
12.10.2 Steel
12.10.3 Aluminum
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Green Petcoke Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Green Petcoke Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Green Petcoke Market Size Forecast by Type
13.6.1 Fuel Grade
13.6.2 Metallurgical Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Green Petcoke Market Size Forecast by Applications
13.10.1 Cement
13.10.2 Steel
13.10.3 Aluminum
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Green Petcoke Market: Competitive Dashboard
14.2 Global Green Petcoke Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sinopec
14.3.2 Valero
14.3.3 Reliance
14.3.4 Shell
14.3.5 ExxonMobil
14.3.6 CNPC
14.3.7 Chevron
14.3.8 Saudi Aramco
14.3.9 Marathon Petroleum Corporation
14.3.10 Oxbow
14.3.11 Sinopec
14.3.12 PBF Energy
14.3.13 ConocoPhillips
14.3.14 LyondellBasell
14.3.15 BP
