Petroleum Coke (Petcoke) Market, by Product Type (Fuel Grade Coke and Calcined Coke), by End-use (Calcining Industry, Power Plants, Cement Kilns, Blast Furnaces, and Others), by Region (North America, Europe, Asia-pacific, Latin America, Middle East & Afr

Petroleum Coke (Petcoke) Market, by Product Type (Fuel Grade Coke and Calcined Coke), by End-use (Calcining Industry, Power Plants, Cement Kilns, Blast Furnaces, and Others), by Region (North America, Europe, Asia-pacific, Latin America, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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 oil company 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 an 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 (2022-2030), 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 global petroleum coke (petcoke) market

• 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.
• Canada
• Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• ASEAN
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• Middle East
• Africa
• 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