Market Overview:
The global high sulfur petroleum coke 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 high sulfur petroleum coke from the chemical industry and fuel sectors. Additionally, rising investments in petrochemical projects are also expected to drive the growth of this market during the forecast period. On basis of type, high sulfur petroleum coke with a sulfur content of 3-6 accounted for majority share in 2017 and is projected to maintain its dominance throughout the forecast period. However, high sulfur petroleum coke with a higher than 6% content is anticipated to witness highest growth rate over next decade owing to its growing demand from fuel sector as well as stringent environmental regulations across various countries mandating use of low-sulfur fuels in order reduce emissions levels. Regionally, North America held largest share in global high sulfur Petroleum Coke Market followed by Asia Pacific.
Product Definition:
High sulfur petroleum coke is a byproduct of the oil refining process that has a high sulfur content. It is used as a fuel in power plants and steel mills.
Sulfur Content 3-6:
Sulfur content 3-6 is a form of high sulfur petroleum coke (HSPC) and is the most dominant form in global HSPC market. Sulfur content 3-6 has higher carbon number and more iron than other forms of HSPC. It also has a higher calorific value (9,049 J/kg) which makes it suitable for use as an energy source in place of conventional fossil fuels such as coal and natural gas.
Sulfur Content >6:
The sulfur content of the fuel oil is measured in units called Sulfur-Dioxide-Year (SDY) and it represents the Sulphur content of fuels which has been processed through refineries. The measurement is done by a method known as oxidation, wherein hydrogen and oxygen are used to break down the fuel oil into its components.
Application Insights:
The global high sulfur petroleum coke market is segmented on the basis of application into chemical industry, fuel and others. The chemical industry dominated the overall application segment with a share of over 40% in 2017. This can be attributed to growing demand for chemicals from various end-use industries such as construction, automotive and packaging.
High sulfur petroleum coke is used as a raw material in the production of several chemicals including polysulfide polymer, polyetherimide, diselenide (a type of polymer with superior properties), hydrogen peroxide bleach liquors and other specialty chemicals that are used across multiple industries such as pharmaceuticals & cosmetics.
Growing demand for plastics has resulted in an increased focus on using renewable sources such as wood waste along with fossil fuels like coal.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of more than 70% in 2017 owing to large scale production of shale gas coupled with increasing demand from chemical industry. China is projected to remain a key consumer as it accounts for nearly 50% of global sulfur content 3-6 high sulfur petroleum coke production.
North America emerged as the second largest regional market accounting for 20% of total revenue share in 2017 on account rising demand from chemical industry along with growing fuel consumption across U.S., Canada, and Mexico countries. Europe also held a significant volume share owing to large scale production by companies such as Nyrstar, Clariant, INEOS, Shell Chemicals Plc., ExxonMobil Corp.
Growth Factors:
- Increasing demand for HS petroleum coke from steel and aluminum industries due to its high carbon content and low ash content.
- Growing demand for HS petroleum coke in China due to the country's expanding economy and growing manufacturing sector.
- Rising prices of alternative fuels such as natural gas and coal, which is making HS petroleum coke more attractive to buyers.
- Tightening environmental regulations that are encouraging the use of cleaner-burning fuels such as HS petroleum coke instead of traditional fuels like coal or oil products.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Sulfur Petroleum Coke Market Research Report
By Type
Sulfur Content 3-6, Sulfur Content >6
By Application
Chemical Industry, Fuel, Other
By Companies
Huajinchem, Sinopec, NIOC, Exxon Mobil, BP, Saudi Aramco
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global High Sulfur Petroleum Coke Market Report Segments:
The global High Sulfur Petroleum Coke market is segmented on the basis of:
Types
Sulfur Content 3-6, Sulfur Content >6
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
Chemical Industry, Fuel, Other
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:
- Huajinchem
- Sinopec
- NIOC
- Exxon Mobil
- BP
- Saudi Aramco
Highlights of The High Sulfur Petroleum 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:
- Sulfur Content 3-6
- Sulfur Content >6
- By Application:
- Chemical Industry
- Fuel
- Other
- 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 High Sulfur Petroleum 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
- 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?
High sulfur petroleum coke is a type of coal that has been processed to remove sulfur and other impurities. This coal is used in the production of various types of fuels, including gasoline and diesel.
Some of the key players operating in the high sulfur petroleum coke market are Huajinchem, Sinopec, NIOC, Exxon Mobil, BP, Saudi Aramco.
The high sulfur petroleum coke 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. High Sulfur Petroleum Coke 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. High Sulfur Petroleum Coke Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Sulfur Petroleum Coke Market - Supply Chain
4.5. Global High Sulfur Petroleum Coke Market Forecast
4.5.1. High Sulfur Petroleum Coke Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Sulfur Petroleum Coke Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Sulfur Petroleum Coke Market Absolute $ Opportunity
5. Global High Sulfur Petroleum Coke 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. High Sulfur Petroleum Coke Market Size and Volume Forecast by Type
5.3.1. Sulfur Content 3-6
5.3.2. Sulfur Content >6
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Sulfur Petroleum Coke 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. High Sulfur Petroleum Coke Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Fuel
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Sulfur Petroleum Coke 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. High Sulfur Petroleum Coke 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 High Sulfur Petroleum Coke 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. High Sulfur Petroleum Coke 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 High Sulfur Petroleum Coke Demand Share Forecast, 2019-2026
9. North America High Sulfur Petroleum Coke 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 High Sulfur Petroleum Coke 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 High Sulfur Petroleum Coke Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Fuel
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Sulfur Petroleum Coke Market Size and Volume Forecast by Type
9.7.1. Sulfur Content 3-6
9.7.2. Sulfur Content >6
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 High Sulfur Petroleum Coke Demand Share Forecast, 2019-2026
10. Latin America High Sulfur Petroleum Coke 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 High Sulfur Petroleum Coke 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 High Sulfur Petroleum Coke Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Fuel
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Sulfur Petroleum Coke Market Size and Volume Forecast by Type
10.7.1. Sulfur Content 3-6
10.7.2. Sulfur Content >6
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 High Sulfur Petroleum Coke Demand Share Forecast, 2019-2026
11. Europe High Sulfur Petroleum Coke 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 High Sulfur Petroleum Coke 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 High Sulfur Petroleum Coke Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Fuel
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Sulfur Petroleum Coke Market Size and Volume Forecast by Type
11.7.1. Sulfur Content 3-6
11.7.2. Sulfur Content >6
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth 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 High Sulfur Petroleum Coke Demand Share, 2019-2026
12. Asia Pacific High Sulfur Petroleum Coke 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 High Sulfur Petroleum Coke 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 High Sulfur Petroleum Coke Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Fuel
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Sulfur Petroleum Coke Market Size and Volume Forecast by Type
12.7.1. Sulfur Content 3-6
12.7.2. Sulfur Content >6
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 High Sulfur Petroleum Coke Demand Share, 2019-2026
13. Middle East & Africa High Sulfur Petroleum Coke 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 High Sulfur Petroleum Coke 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 High Sulfur Petroleum Coke Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Fuel
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Sulfur Petroleum Coke Market Size and Volume Forecast by Type
13.7.1. Sulfur Content 3-6
13.7.2. Sulfur Content >6
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 High Sulfur Petroleum Coke Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Sulfur Petroleum Coke Market: Market Share Analysis
14.2. High Sulfur Petroleum Coke Distributors and Customers
14.3. High Sulfur Petroleum Coke Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Huajinchem
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sinopec
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NIOC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Exxon Mobil
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BP
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Saudi Aramco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
