Needle Coke Market Growth: Expected to Reach $7.10 Billion by 2030 at 6.5% CAGR

Needle Coke Market size is expected to reach US$ 7102.69 Mn. by 2030, growing at a CAGR of 6.5% during the forecast period.

Needle Coke Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Needle Coke Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Needle Coke market by thorough analysis, and projections are made up to 2030.

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Needle Coke Market Scope and Methodology:

The Needle Coke market report covers a wide range of topics that impact market dynamics, trends, opportunities, and challenges. It also includes a thorough analysis of the worldwide landscape. This comprehensive analysis also looks at how the market is divided into segments according to services category, company size, end-user sector, and geographical regions. The study also closely examines major industry participants, assessing their approaches, line of business, results, and place in the Needle Coke market. To give a comprehensive picture of the market environment, a thorough evaluation of macroeconomic variables, regulatory frameworks, and technical developments is also carried out.

Also, the research offers detailed insights into the dynamics of the Needle Coke market, including opportunities, challenges, constraints, and drivers. Using a bottom-up methodology, estimates of the size of the worldwide and regional Needle Coke market were developed. The study provides a thorough value chain analysis that clarifies the Needle Coke production process and incorporates information about distributors, consumers, and raw materials. Furthermore, the use of PORTER and PESTLE studies, in conjunction with evaluations of market attractiveness, enhances comprehension of the Needle Coke market on a global and micro level.

Needle Coke Market Segmentation:

by Grade

Base Premium
Intermediate Premium
Super Premium

by Type

Petroleum Derived
Coal Tar Pitch Derived

Depending on the kind, coal tar is produced as a byproduct when low ash metallurgical coke is cooked. In 2023, the petroleum-derived segment held a market share of over 60%. Because it has the lowest coefficient of thermal expansion (CTE) among the grades, the super-premium grade is better suited for the manufacturing of high-quality graphite electrodes. By application, the graphite electrode market segment accounted for a significant portion of the market in 2023.

by Application

Steel Industry
Aluminium Industry
Nuclear Power

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Needle Coke Market Key Players:

1. Phillips 66
2. Mitsubishi Chemical Corporation
3. JXTG Holdings
4. Baotailong New Material Co.
5. Indian Oil Corporation Ltd.
6. Bao-steel Group
7. C-Chem CO.
8. Seadrift Coke LP
9. Sinopec Shanghai Petrochemical Company Limited
10. Shanxi Hongte Coal Chemical Co Ltd.
11. Sinosteel Anshan Research Institute of Thermo-Energy Co.
12. Petrochina International Jinzhou Petrochemical Co.
13. Shijiazhuang Deli Chemical Co.
14. Petroleum Coke Industries Co.
15. Petrocokes Japan Ltd.
16. FangDa Carbon New Material Co. Ltd
17. POSCO
18. CNPC
19. Deli Chemical
20. Shandong Yida
21. SY Carbon

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Needle Coke Market Regional Insights :

The size and trends in the Needle Coke market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).

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Key questions answered in the Needle Coke Market are:

What is Needle Coke?
What was the Needle Coke market size in 2023?
Which are the factors expected to drive the Needle Coke market growth?
Who are the leading companies and what are their portfolios in Needle Coke Market?
What growth strategies are the players considering to increase their presence in Needle Coke?
What are the upcoming industry applications and trends for the Needle Coke Market?
What will be the CAGR at which the Needle Coke market will grow?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Needle Coke Market?
What are the different segments of the Needle Coke Market?
What is the growth rate of the Needle Coke Market?
What segments are covered in the Needle Coke Market?
Who are the key players in the Needle Coke market?
What are the key challenges and opportunities in the Needle Coke market?
Which application holds the highest potential in the Needle Coke market?

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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size Forecast by different segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

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