Petroleum Coke (Petcoke) Market, By Product Type (Fuel Grade Coke, Calcined Coke), By End-use (Calcining Industry, Power Plants, Cement Kilns, Blast Furnaces, Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Petroleum coke is also known as petcoke and is a final solid product obtained from oil refining. It is available in two forms: fuel grade and calcined grade. Power generation, construction, and metal industry are some of the major end-user of the petroleum coke. It is also used in the production of titanium and fertilizers.
Market Dynamics
Various companies are constructing a new facility for the coke gasification project in order to serve the end-user industry. This is expected to be a major trend in the market. For instance, in December 2017, Indian Oil Corp the biggest oil company has invested Rs 20,000-crore in setting up a coke gasification project at its Paradip refinery in Odisha to convert the lowest-cost fossil fuel into gas that can be used to generate power or make petrochemicals.
Increasing production of aluminum is driving demand for calcined petcoke. Calcined grade is one of the key ingredients used in the manufacturing of aluminum. According to the report by Aluminium World Trade Fair, global primary aluminum production increased by 5.8 percent in 2017, with a 10 percent increase in China and stable production in North America and Europe. In total, approx. 63.2 million tons of aluminum were produced worldwide in 2017.
Several countries have banned the import of the petcoke for use as fuel. This is expected to hamper the market growth of the petcoke over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global petroleum coke (petcoke) market and provides market size (US$ Million and KT) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
This study also provides impact analysis of Coronavirus (Covid-19) pandemic on petroleum coke (petcoke) market.
It profiles key players in the global petroleum coke (petcoke) market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include BP Plc, Chevron Corporation, Essar Oil Ltd., ExxonMobil Corporation, HPCL - Mittal Energy Limited, Indian Oil Corporation Limited, Reliance Industries Limited, Royal Dutch Shell Plc, Saudi Arabian Oil Co., and Valero Energy Corporation
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global petroleum coke (petcoke) market report caters to various stakeholders in this industry including investors, suppliers, petroleum coke (petcoke) manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the petroleum coke (petcoke) market
Detailed Segmentation:
Global Petroleum Coke (Petcoke) Market, By Product Type:
Fuel Grade Coke
Calcined Coke
Global Petroleum Coke (Petcoke) Market, By End-use:
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Global Petroleum Coke (Petcoke) Market, By Region:
North America
U.S.
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Canada
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Europe
U.K.
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Germany
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
France
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Italy
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Spain
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Russia
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Rest of Europe
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Asia Pacific
China
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
India
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Japan
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
ASEAN
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Australia
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
South Korea
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Rest of Asia Pacific
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Latin America
Brazil
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Mexico
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Rest of Latin America
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Middle East & Africa
Middle East
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Africa
By Product Type
Fuel Grade Coke
Calcined Coke
By End-use
Calcining Industry
Power Plants
Cement Kilns
Blast Furnaces
Others
Company Profiles
BP Plc *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Chevron Corporation
Essar Oil Ltd.
ExxonMobil Corporation
HPCL - Mittal Energy Limited
Indian Oil Corporation Limited
Reliance Industries Limited
Royal Dutch Shell Plc
Saudi Arabian Oil Co.
Valero Energy Corporation
“*” marked represents similar segmentation in other categories in the respective section.
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