Global Green Petroleum Coke Market to Reach $44.6 Billion by 2030
The global market for Green Petroleum Coke estimated at US$32.6 Billion in the year 2023, is expected to reach US$44.6 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2023-2030. Sponge Coke, one of the segments analyzed in the report, is expected to record a 4.4% CAGR and reach US$15.5 Billion by the end of the analysis period. Growth in the Honeycomb Coke segment is estimated at 5.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $9.6 Billion, While China is Forecast to Grow at 4.3% CAGR
The Green Petroleum Coke market in the U.S. is estimated at US$9.6 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.9 Billion by the year 2030 trailing a CAGR of 4.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 3.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
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