Green Petroleum Coke Market Size and Competitive Analysis till 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Green Petroleum Coke Market covers analysis by Source (Anode, Fuel); Form (Sponge Coke, Purge Coke, Needle Coke, Shot Coke, Honeycomb Coke); Application (Aluminum, Calcined Coke, Cement, Power Stations, Graphite Electrode, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Aug 2025
  • Report Code : TIPRE00022232
  • Category : Energy and Power
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

MARKET INTRODUCTION 


Green petroleum coke is produced at refineries by processing liquid fractions in delayed coking machines. Green petroleum coke is a hydrocarbon-rich substance with low levels of inorganic components and a high fixed carbon content. It looks to be a solid black hunk of material. The term 'green' in the name refers to where the product is in the manufacturing process. In comparison to other varieties of coke, green petroleum coke has a low sulphur concentration.

MARKET DYNAMICS


Demand for green petroleum coke is being driven by factors such as severe government regulations on carbon emissions, increased demand for manufacture of aluminium smelter anodes, rising coal prices, and the depletion of coal resources. Government restrictions that are particularly significant in the market for green petroleum coke. Toxins emitted by industrialization, as well as toxic gas emissions from factories and cars, such as carbon dioxide, hydroxides, sulphur, and nitrogen, have an impact on the environment. Because it contains very little sulphur and ash, green petroleum coke is extremely stable and non-reactive in the environment. It is a high-calorific-valued alternative energy source to coal.

MARKET SCOPE    


The "Global Green Petroleum Coke Market Analysis to 2031" is a specialized and in-depth study of the green petroleum coke market with a special focus on the global market trend analysis. The report aims to provide an overview of the green petroleum coke market with detailed market segmentation by type, application, and geography. The global green petroleum coke market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading green petroleum coke market players and offers key trends and opportunities in the green petroleum coke market. 

MARKET SEGMENTATION


The global green petroleum coke market is segmented based on source, foam, and application. Based on source, green petroleum coke market is segmented into anode and fuel. Based on foam, green petroleum coke market is segmented into sponge coke, purge coke, needle coke, shot coke and honeycomb coke. Based on application, green petroleum coke market is segmented into aluminum, calcined coke, cement, power stations, graphite electrode and others.

IMPACT OF COVID-19 ON GREEN PETROLEUM COKE MARKET


The proliferation of COVID-19 in key worldwide economies in 2021 resulted in nationwide lockdowns, affecting a variety of businesses. Due to facility closures and a drop in overall demand, the aluminium and iron and steel industries were among the hardest hit during the pandemic. For the first half of 2021, this had an influence on demand for green petroleum coke. As a result, during the coronavirus pandemic, demand for green petroleum coke decreased. 

REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Green Petroleum Coke Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Green Petroleum Coke Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Green Petroleum Coke Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the green petroleum coke market in these regions.

MARKET PLAYERS


The reports cover key developments in the green petroleum coke market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from green petroleum coke market are anticipated to lucrative growth opportunities in the future with the rising demand for green petroleum coke market. Below mentioned is the list of few companies engaged in the green petroleum coke market. 
The report also includes the profiles of key green petroleum coke market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
  • Oxbow Corporation
  • AMINCO RESOURCES LLC.
  • Asbury Carbons
  • Aluminium Bahrain (Alba)
  • Atha Group
  • Carbograf Industrial S.A. de C.V.
  • Rain Carbon Inc.
  • Minmat Ferro Alloys Private Limited
  • Shandong KeYu Energy Co., Ltd.
  • Weifang Lianxing New Material Technology Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Green Petroleum Coke Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) XX%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Source
  • Anode
  • Fuel
By Form
  • Sponge Coke
  • Purge Coke
  • Needle Coke
  • Shot Coke
  • Honeycomb Coke
By Application
  • Aluminum
  • Calcined Coke
  • Cement
  • Power Stations
  • Graphite Electrode
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Oxbow Corporation
  • AMINCO RESOURCES LLC.
  • Asbury Carbons
  • Aluminium Bahrain (Alba)
  • Atha Group
  • Carbograf Industrial S.A. de C.V.
  • Rain Carbon Inc.
  • Minmat Ferro Alloys Private Limited
  • Shandong KeYu Energy Co., Ltd.
  • Nivedita Upadhyay
    Nivedita Upadhyay
    Manager,
    Market Research & Consulting

    Nivedita is an accomplished research professional with over 9 years of experience in Market Research and Business Consulting. Currently serving as a Project Manager in the ICT domain at The Insight Partners, she brings deep expertise in managing and executing Syndicated, Custom, Subscription-based, and Consulting research assignments across diverse technology sectors.

    With a proven track record of delivering data-driven analysis and actionable insights, Nivedita has been a key contributor to several critical projects. Her work involves end-to-end project execution—right from understanding client objectives, analyzing market trends, to deriving strategic recommendations. She has collaborated extensively with leading ICT companies, helping them identify market opportunities and navigate industry shifts.

    Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

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    The List of Companies
    1. Oxbow Corporation
    2. AMINCO RESOURCES LLC.
    3. Asbury Carbons
    4. Aluminium Bahrain (Alba)
    5. Atha Group
    6. Carbograf Industrial S.A. de C.V.
    7. Rain Carbon Inc.
    8. Minmat Ferro Alloys Private Limited
    9. Shandong KeYu Energy Co., Ltd.
    10. Weifang Lianxing New Material Technology Co.Ltd
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