Needle Coke Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Type (Petroleum-Based, Coal-Based); Grade (Base Premium, Intermediate Premium, Super Premium); Application (Graphite Electrodes, Special Carbon Materials, Others) and Geography
Report Code: TIPRE00008122 No. of Pages: 150 Category: Chemicals and Materials Status: Upcoming
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MARKET INTRODUCTION
Needle coke is the primary raw material used for the manufacturing of graphite electrodes from arc furnace in the steel and aluminum industries. It is a special type of coke that exhibits superior properties such as structural characteristics, high-temperature resistance, high electrical resistance, oxidizability, and Coefficient of Thermal Expansion (CTE). Needle coke act as a raw material in steel recycling & thus widened application areas of steel and aluminum within the automobile, engineering & aerospace industries. Needle coke have low thermal expansion coefficient, electric resistance, better shock absorption, and ability to prevent oxidation these properties of such as are expected to augment market growth during the forecast period.
MARKET DYNAMICS
Needle coke represents over 40% of crude material expenses in the creation of graphite cathodes. It is the essential crude material utilized for the assembling of graphite terminals from circular segment heater in the steel and aluminum ventures. It shows unrivaled properties, for example, auxiliary qualities, high-temperature opposition, high electrical obstruction, oxidizability, and Coefficient of Thermal Expansion (CTE) which makes it appropriate for graphite terminals. Appeal of graphite cathodes from different end-use businesses, for example, oil and gas, development, and others are the variables driving the needle coke advertise. Overly premium needle coke has driven the evaluation portion inferable from its utilization in the creation of anodes, particularly ultra-high force graphite terminals. Excessively premium needle coke has upgraded properties, for example, low sulfur content, low debris, and coefficient of warm. In any case, the instability in crude material costs and natural guidelines is relied upon to impede the development of market. In any case, rising interest for lithium-particle batteries with blasting graphite industry in Asian nations particularly in China, India, and Japan is relied upon to encourage the needle coke advertise in following years.
MARKET SCOPE
The "Global Needle Coke Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the needle coke with detailed market segmentation by type, grade, application and geography. The global needle coke market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading needle coke market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global needle coke market is segmented on the basis type, grade and applictaion. On the basis of type the needle coke market is segmented into petroleum-based and coal-based. By grade the needle coke market is segmented into base premium, intermediate premium, super premium. By application the needle coke market is segmented into graphite electrodes, special carbon materials and other.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global needle coke market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The needle coke market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the needle coke market from both demand and supply side and further evaluates market dynamics affecting 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 affecting the needle coke market in these regions.
The reports cover key developments in the needle 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 the expansion of business and customer base of market players. The market players from needle coke market are anticipated to lucrative growth opportunities in the future with the rising demand for needle coke in the global market. Below mentioned is the list of few companies engaged in the needle coke market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the needle coke market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Needle coke is the primary raw material used for the manufacturing of graphite electrodes from arc furnace in the steel and aluminum industries. It is a special type of coke that exhibits superior properties such as structural characteristics, high-temperature resistance, high electrical resistance, oxidizability, and Coefficient of Thermal Expansion (CTE). Needle coke act as a raw material in steel recycling & thus widened application areas of steel and aluminum within the automobile, engineering & aerospace industries. Needle coke have low thermal expansion coefficient, electric resistance, better shock absorption, and ability to prevent oxidation these properties of such as are expected to augment market growth during the forecast period.
MARKET DYNAMICS
Needle coke represents over 40% of crude material expenses in the creation of graphite cathodes. It is the essential crude material utilized for the assembling of graphite terminals from circular segment heater in the steel and aluminum ventures. It shows unrivaled properties, for example, auxiliary qualities, high-temperature opposition, high electrical obstruction, oxidizability, and Coefficient of Thermal Expansion (CTE) which makes it appropriate for graphite terminals. Appeal of graphite cathodes from different end-use businesses, for example, oil and gas, development, and others are the variables driving the needle coke advertise. Overly premium needle coke has driven the evaluation portion inferable from its utilization in the creation of anodes, particularly ultra-high force graphite terminals. Excessively premium needle coke has upgraded properties, for example, low sulfur content, low debris, and coefficient of warm. In any case, the instability in crude material costs and natural guidelines is relied upon to impede the development of market. In any case, rising interest for lithium-particle batteries with blasting graphite industry in Asian nations particularly in China, India, and Japan is relied upon to encourage the needle coke advertise in following years.
MARKET SCOPE
The "Global Needle Coke Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the needle coke with detailed market segmentation by type, grade, application and geography. The global needle coke market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading needle coke market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global needle coke market is segmented on the basis type, grade and applictaion. On the basis of type the needle coke market is segmented into petroleum-based and coal-based. By grade the needle coke market is segmented into base premium, intermediate premium, super premium. By application the needle coke market is segmented into graphite electrodes, special carbon materials and other.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global needle coke market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The needle coke market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the needle coke market from both demand and supply side and further evaluates market dynamics affecting 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 affecting the needle coke market in these regions.
The reports cover key developments in the needle 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 the expansion of business and customer base of market players. The market players from needle coke market are anticipated to lucrative growth opportunities in the future with the rising demand for needle coke in the global market. Below mentioned is the list of few companies engaged in the needle coke market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the needle coke market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BAOTAILONG NEW MATERIALS CO., LTD.
- C-CHEM CO., LTD.
- FANGDA CARBON NEW MATERIAL CO., LTD.
- INDIAN OIL CORPORATION LTD.
- MITSUBISHI CHEMICAL CORPORATION
- PHILLIPS 66
- GRAFTECH INTERNATIONAL LTD.
- SHANXI HONGTE COAL CHEMICAL INDUSTRY
- SHIJIAZHUANG DELI CHEMICAL CO., LTD.
- SUMITOMO CORPORATION