Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Needle Coke Market by Type (Petroleum-based, Coal-based), By Application (Graphite Electrode, Special Carbon Material, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Needle Coke Market by Type (Petroleum-based, Coal-based), By Application (Graphite Electrode, Special Carbon Material, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 141840 3300 Chemical & Material 377 246 Pages 4.8 (37)
                                          

Market Overview:


The global needle coke market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for graphite electrodes and special carbon materials in various end-use industries. In terms of type, the market is segmented into petroleum-based and coal-based needle coke. Petroleum-based needle coke is expected to dominate the market during the forecast period owing to its high purity and superior performance characteristics as compared to coal-based needle coke. In terms of application, the global needle coke market is segmented into graphite electrode, special carbon material, and others (including catalyst support). Graphite electrode accounted for majority share of the global needle coke market in 2017 and it is projected to grow at a CAGR of 6% during 2018–2030.


Global Needle Coke Industry Outlook


Product Definition:


A type of coke made from coal that has been heated in the absence of air. Needle coke is used as a raw material in the manufacture of aluminum and other metals.


Petroleum-based:


Petroleum-based coke, also called needle coke or just coke, is a type of petroleum product used as an ingredient in the manufacturing of steel. It has been a key raw material for producing steel since the 19th century and accounts for approximately half of the world’s crude steel production.


Coal-based:


Coal-based and needle coke are two different types of coke which are used in the manufacturing of steel. Coal-based is produced by using carbonization process from coal, whereas needle coke is a type of iron ore which has been processed to make it useful for steel making. Both these products have similar chemical properties such as high carbon content and low silica content, but differ in terms of their composition as well as processing technologies.


Application Insights:


The graphite electrode application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. The product is used as a carbon material for manufacturing graphite electrodes, which are further utilized in various electronic devices such as capacitors, resistors and batteries.


Special carbon materials are used in applications including conductive fibers, conductive plastics and composites that require high strength but low weight. These products have excellent mechanical properties along with high electrical conductivity that make them suitable for use across a wide range of end-use industries such as automotive, medical equipment and consumer electronics among others.


Other applications include catalyst support; gas storage; filter aid; fire retardant additives; plasticizers for rubber compounds (neoprene); lubricants (paraffin waxes)and adhesives & sealants among others.


Regional Analysis:


Asia Pacific dominated the global needle coke market in 2017, accounting for a share of over 45.0% owing to the presence of major manufacturers such as Nippon Steel & Sumitomo Metal Mining Co., Ltd. (NSSMC) and POSCO Korea Inc. The region is expected to witness significant growth in demand for steel production on account of rapid industrialization and urbanization coupled with increasing infrastructure activities in India, China, Japan, South Korea, Indonesia among other Southeast Asian countries.


The Asia Pacific was followed by North America which accounted for a share of over 24.0% due to growing demand from end-use industries such as automotive.


Growth Factors:


  • Increasing demand from the steel and aluminum industries due to their growing production capacities.
  • Needle coke is used as a fuel in the production of anodes for aluminum smelting, which is experiencing high growth rates globally.
  • The need for high-quality needle coke is increasing due to stringent environmental regulations governing emissions from traditional sources of carbon black such as oil refineries and petrochemical plants.
  • Rapid growth in electric vehicle sales is expected to lead to increased demand for battery-grade needle coke in the coming years as these vehicles require more powerful batteries than those found in traditional gasoline or diesel cars/trucks.

Scope Of The Report

Report Attributes

Report Details

Report Title

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

246

Number of Tables & Figures

173

Customization Available

Yes, the report can be customized as per your need.


Global Needle Coke Market Report Segments:

The global 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:

  1. ConocoPhillips
  2. C-Chem
  3. Seadrift Coke
  4. JXTG Holdings
  5. Sumitomo Corporation
  6. Mitsubishi Chemical
  7. Indian Oil Company
  8. Shanxi Hongte Coal Chemical
  9. Fangda Carbon
  10. Shanxi Jinzhou Group
  11. CNPC Jinzhou Petrochemical
  12. Shandong Yida New Material
  13. Sinosteel

Global Needle Coke Market Overview


Highlights of The Needle Coke Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Petroleum-based
    2. Coal-based
  1. By Application:

    1. Graphite Electrode
    2. Special Carbon Material
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the 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
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Needle Coke Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Needle Coke is a carbonated soft drink that was first produced in the early 1900s. It is made with syrups and flavored with needles, which give it its name.

Some of the major companies in the 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.

The needle coke market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Needle 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. Needle Coke Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Needle Coke Market - Supply Chain
   4.5. Global Needle Coke Market Forecast
      4.5.1. Needle Coke Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Needle Coke Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Needle Coke Market Absolute $ Opportunity

5. Global Needle 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. Needle Coke Market Size and Volume Forecast by Type
      5.3.1. Petroleum-based
      5.3.2. Coal-based
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Needle 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. Needle Coke Market Size and Volume Forecast by Application
      6.3.1. Graphite Electrode
      6.3.2. Special Carbon Material
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Needle 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. Needle 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 Needle 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. Needle 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 Needle Coke Demand Share Forecast, 2019-2026

9. North America Needle 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 Needle 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 Needle Coke Market Size and Volume Forecast by Application
      9.4.1. Graphite Electrode
      9.4.2. Special Carbon Material
      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 Needle Coke Market Size and Volume Forecast by Type
      9.7.1. Petroleum-based
      9.7.2. Coal-based
   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 Needle Coke Demand Share Forecast, 2019-2026

10. Latin America Needle 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 Needle 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 Needle Coke Market Size and Volume Forecast by Application
      10.4.1. Graphite Electrode
      10.4.2. Special Carbon Material
      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 Needle Coke Market Size and Volume Forecast by Type
      10.7.1. Petroleum-based
      10.7.2. Coal-based
   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 Needle Coke Demand Share Forecast, 2019-2026

11. Europe Needle 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 Needle 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 Needle Coke Market Size and Volume Forecast by Application
      11.4.1. Graphite Electrode
      11.4.2. Special Carbon Material
      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 Needle Coke Market Size and Volume Forecast by Type
      11.7.1. Petroleum-based
      11.7.2. Coal-based
   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 Needle Coke Demand Share, 2019-2026

12. Asia Pacific Needle 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 Needle 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 Needle Coke Market Size and Volume Forecast by Application
      12.4.1. Graphite Electrode
      12.4.2. Special Carbon Material
      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 Needle Coke Market Size and Volume Forecast by Type
      12.7.1. Petroleum-based
      12.7.2. Coal-based
   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 Needle Coke Demand Share, 2019-2026

13. Middle East & Africa Needle 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 Needle 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 Needle Coke Market Size and Volume Forecast by Application
      13.4.1. Graphite Electrode
      13.4.2. Special Carbon Material
      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 Needle Coke Market Size and Volume Forecast by Type
      13.7.1. Petroleum-based
      13.7.2. Coal-based
   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 Needle Coke Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Needle Coke Market: Market Share Analysis
   14.2. Needle Coke Distributors and Customers
   14.3. Needle Coke Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. ConocoPhillips
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. C-Chem
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Seadrift Coke
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. JXTG Holdings
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Sumitomo Corporation
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Mitsubishi Chemical
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Indian Oil Company
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Shanxi Hongte Coal Chemical
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Fangda Carbon
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Shanxi Jinzhou Group
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. CNPC Jinzhou Petrochemical
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Shandong Yida New Material
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Sinosteel
         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

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