Market Overview:
The global premium needle coke market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for graphite electrodes from the steel industry and rising demand for special carbon material in various end-use industries. Based on type, the global premium needle coke market has been segmented into petroleum-based and coal-based. Petroleum-based premium needle coke accounted for a major share of the global market in 2017 and is anticipated to maintain its dominance throughout the forecast period. This can be attributed to high purity levels and superior performance characteristics offered by these products as compared with their coal-based counterparts. Coal-based premium needle cokes are expected to witness higher growth rates as compared with petroleum-based products over the forecast period, owing to their low cost as well as environmental benefits such as reduced emissions of greenhouse gases (GHGs). On basis of application, graphite electrode accounted for a dominant share of more than 60% of total revenue generated by global premium needle cokes in 2017; this segment is anticipated witness highest growth rates during 2018–2030 owing growing demand from electric arc furnace (EAF) steelmakers across globe coupled with stringent environmental regulations mandating use high quality graphite electrodes in EAFs operations .
Product Definition:
A premium needle coke is a type of coke that is made from coal tar. It is used in the production of aluminum and other metals.
Petroleum-based:
Petroleum-based coke, also called needle coke or petcoke, is a form of carbon black. It has the highest melting point of any hydrocarbon and can be used to manufacture steel. Needle coke was traditionally used as a fuel in blast furnaces for steel production; however, it is now being replaced by low-sulfur coal in most applications because of stricter environmental regulations regarding sulfur content in fuels.
Coal-based:
Coal-based and its usage in the premium needle coke market is a relatively new application. However, it has been gaining importance over the past few years on account of growing demand for high strength materials from various end-use industries such as construction, mining & metal processing. Coal-based products are used to manufacture steel and other related products which have a wide range of applications in heavy machinery sectors.
Application Insights:
The graphite electrode application segment led the global premium needle coke market in 2017 and is projected to maintain its dominance over the forecast period. The segment will retain its leading position until 2030 as it has been proven to be an effective method for reducing greenhouse gas emissions from coal-based power plants.
Special carbon material (SCM) applications are expected to witness significant growth over the next six years owing to rising demand for low-cost electricity from emerging economies such as China and India. In addition, increasing investments in research & development on new technologies related to coal utilization is likely to boost industry growth during this period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of key manufacturers such as BHP Billiton, Rio Tinto, and XXXXXXX. The region is expected to continue its dominance over the forecast period due to increasing demand for premium needle coke from China and India. Factors such as growing industrialization coupled with rising electricity generation through renewable sources are projected to drive product demand over the coming years.
The Middle East & Africa market is anticipated to grow at a significant rate during the forecast period owing to increasing exploration activities in Saudi Arabia and UAE for finding graphite ore reserves that can be used for manufacturing electrodes of high voltage lines across various industries including oil & gas, power generation, etc. In addition, rising investments by foreign players in these countries will boost industry growth further.
Growth Factors:
- Increasing demand from the automotive and aerospace industries due to the need for high-quality steel alloys.
- Growing demand for needle coke in China and other developing countries as they undergo rapid industrialization.
- Rising prices of crude oil, which is used to produce needle coke, making this product more expensive and thus driving up demand.
- Development of new production technologies that can reduce costs and increase efficiency, making needle coke more affordable for manufacturers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Premium Needle Coke Market Research Report
By Type
Petroleum-based, Coal-based
By Application
Graphite Electrode, Special Carbon Material, Others
By Companies
ConocoPhillips, C-Chem, Seadrift Coke, JXTG Holdings, Sumitomo Corporation, Mitsubishi Chemical, Indian Oil Company, Shanxi Hongte Coal Chemical, Fangda Carbon, Shanxi Jinzhou Group, CNPC Jinzhou Petrochemical, Shandong Yida New Material, Sinosteel
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Premium Needle Coke Market Report Segments:
The global Premium Needle Coke market is segmented on the basis of:
Types
Petroleum-based, Coal-based
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
Graphite Electrode, Special Carbon Material, 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:
- ConocoPhillips
- C-Chem
- Seadrift Coke
- JXTG Holdings
- Sumitomo Corporation
- Mitsubishi Chemical
- Indian Oil Company
- Shanxi Hongte Coal Chemical
- Fangda Carbon
- Shanxi Jinzhou Group
- CNPC Jinzhou Petrochemical
- Shandong Yida New Material
- Sinosteel
Highlights of The Premium Needle Coke 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:
- Petroleum-based
- Coal-based
- By Application:
- Graphite Electrode
- Special Carbon Material
- 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 Premium Needle Coke 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
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- Consumer Insights
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- Product & Brand Management
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- 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?
Premium Needle Coke is a carbonated soft drink that is made with cane sugar and high-quality ingredients. It has a sweet, syrupy taste and a slightly bitter aftertaste.
Some of the major players in the premium needle coke market are ConocoPhillips, C-Chem, Seadrift Coke, JXTG Holdings, Sumitomo Corporation, Mitsubishi Chemical, Indian Oil Company, Shanxi Hongte Coal Chemical, Fangda Carbon, Shanxi Jinzhou Group, CNPC Jinzhou Petrochemical, Shandong Yida New Material, Sinosteel.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Premium Needle Coke 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 Premium Needle Coke Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Premium Needle Coke 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 Premium Needle Coke 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 Premium Needle Coke Market Size & Forecast, 2018-2028
4.5.1 Premium Needle Coke Market Size and Y-o-Y Growth
4.5.2 Premium Needle Coke Market Absolute $ Opportunity
Chapter 5 Global Premium Needle Coke 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 Premium Needle Coke Market Size Forecast by Type
5.2.1 Petroleum-based
5.2.2 Coal-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Premium Needle Coke 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 Premium Needle Coke Market Size Forecast by Applications
6.2.1 Graphite Electrode
6.2.2 Special Carbon Material
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Premium Needle Coke 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 Premium Needle Coke 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 Premium Needle Coke Analysis and Forecast
9.1 Introduction
9.2 North America Premium Needle Coke 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 Premium Needle Coke Market Size Forecast by Type
9.6.1 Petroleum-based
9.6.2 Coal-based
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 Premium Needle Coke Market Size Forecast by Applications
9.10.1 Graphite Electrode
9.10.2 Special Carbon Material
9.10.3 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 Premium Needle Coke Analysis and Forecast
10.1 Introduction
10.2 Europe Premium Needle Coke 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 Premium Needle Coke Market Size Forecast by Type
10.6.1 Petroleum-based
10.6.2 Coal-based
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 Premium Needle Coke Market Size Forecast by Applications
10.10.1 Graphite Electrode
10.10.2 Special Carbon Material
10.10.3 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 Premium Needle Coke Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Premium Needle Coke 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 Premium Needle Coke Market Size Forecast by Type
11.6.1 Petroleum-based
11.6.2 Coal-based
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 Premium Needle Coke Market Size Forecast by Applications
11.10.1 Graphite Electrode
11.10.2 Special Carbon Material
11.10.3 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 Premium Needle Coke Analysis and Forecast
12.1 Introduction
12.2 Latin America Premium Needle Coke 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 Premium Needle Coke Market Size Forecast by Type
12.6.1 Petroleum-based
12.6.2 Coal-based
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 Premium Needle Coke Market Size Forecast by Applications
12.10.1 Graphite Electrode
12.10.2 Special Carbon Material
12.10.3 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) Premium Needle Coke Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Premium Needle Coke 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) Premium Needle Coke Market Size Forecast by Type
13.6.1 Petroleum-based
13.6.2 Coal-based
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) Premium Needle Coke Market Size Forecast by Applications
13.10.1 Graphite Electrode
13.10.2 Special Carbon Material
13.10.3 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 Premium Needle Coke Market: Competitive Dashboard
14.2 Global Premium Needle Coke Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ConocoPhillips
14.3.2 C-Chem
14.3.3 Seadrift Coke
14.3.4 JXTG Holdings
14.3.5 Sumitomo Corporation
14.3.6 Mitsubishi Chemical
14.3.7 Indian Oil Company
14.3.8 Shanxi Hongte Coal Chemical
14.3.9 Fangda Carbon
14.3.10 Shanxi Jinzhou Group
14.3.11 CNPC Jinzhou Petrochemical
14.3.12 Shandong Yida New Material
14.3.13 Sinosteel
