Thestudy offers a comprehensive overview of the technologies, volume size, rawmaterials, and in-depth analysis of the market with a dedicated section for theprofiling of key companies. The report also offers trends and patterns that areprojected to influence the growth of the Needle Coke market during the forecastperiod of 2020-2027.
Thesurge in energy vehicles increases the consumption of needle coke in electricvehicles. The rise in demand for steel recycling is assumed to augment marketgrowth in the coming years. Volatility in the global natural gas and crude oildue to the demand and supply fluctuations will limit market growth.
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Further key findings fromthe report suggest
- Graphite electrodes find application in the ladle furnace (LF) and electric arc furnace (EAF) for the production of silicon metal, steel, melting processes, and ferroalloy production, among others.
- The market in the Asia Pacific region dominated the needle coke market share in the year 2019 and is anticipated to have a CAGR of 7.5% during the forecast period. The high market share in the region is due to the growth of the manufacturing sector and growing infrastructure.
- Key participants include Mitsubishi Chemical Corporation, Phillips 66, Graftech International, Indian Oil Corporation Limited, Sumitomo Chemical Company, Sojitz Ject Corporation, China National Petroleum Corporation, Baosteel Group, Asbury Carbon Inc., and Graphite India Limited, among others.
Furthermore,the report offers insights into the segmentation of the Needle Coke industrybased on product types, applications, end-user, technology, and key regions. Thestudy also assesses the market segment expected to show significant growth inthe coming years.
· Product Type Outlook (Revenue, USD Billion;2017-2027)
o Coal-Based Needle Coke
o Petroleum-Based Needle Coke
· Grade Outlook (Revenue, USD Billion; 2017-2027)
o Super-Premium Grade
o Premium Grade
o Intermediate-Premium Grade
· Application Outlook (Revenue, USD Billion;2017-2027)
o Electrodes
o Silicon Metal &Ferroalloys
o Carbon Black
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