Global Coke Market Growth 2023-2029
Coke is a grey, hard, and porous fuel with a high carbon content and few impurities, made by heating coal or oil in the absence of air—a destructive distillation process. It is an important industrial product, used mainly in iron ore smelting, but also as a fuel in stoves and forges when air pollution is a concern.
LPI (LP Information)' newest research report, the “Coke Industry Forecast” looks at past sales and reviews total world Coke sales in 2022, providing a comprehensive analysis by region and market sector of projected Coke sales for 2023 through 2029. With Coke sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Coke industry.
This Insight Report provides a comprehensive analysis of the global Coke landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Coke portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Coke market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Coke and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Coke.
The global Coke market size is projected to grow from US$ 306960 million in 2022 to US$ 288720 million in 2029; it is expected to grow at a CAGR of 288720 from 2023 to 2029.
Global core coke manufacturers include ArcelorMittal, Nippon Steel & Sumitomo Metal, POSCO etc.The top 3 companies hold a share about 10%.Asia-Pacific is the largest market with a share about 82%, followed by Europe with the share about 11%.In terms of product, blast furnace coke is the largest segment, with a share over 84%. And in terms of application, the largest application is steel industry, followed by non-ferrous metals.
This report presents a comprehensive overview, market shares, and growth opportunities of Coke market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Blast Furnace Coke
Foundry Coke
Technical Coke
Segmentation by application
Steel Industry
Non-ferrous Metals
Rock Wool Production
Sugar Production
Soda Ash Production
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ArcelorMittal
Nippon Steel & Sumitomo Metal
POSCO
Tata Steel
SunCoke Energy
JSW Group
United States Steel
BlueScope
ABC Coke
Gujarat NRE Coke
Hickman, Williams & Company
Mid-Continent Coal and Coke Company
Haldia Coke
China Baowu Group
Ansteel
Risun
Sunlight Coking
Taiyuan Coal Gasfication
Shanxi Coking Coal
Lubao-Group
China Pingmei Shenma Group
Zhongrong Xinda
Key Questions Addressed in this Report
What is the 10-year outlook for the global Coke market?
What factors are driving Coke market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Coke market opportunities vary by end market size?
How does Coke break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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