Global Petroleum Needle Coke Market Growth 2023-2029

Global Petroleum Needle Coke Market Growth 2023-2029

Petroleum needle coke is a needle-shaped carbon material produced by heating raw petroleum coke (a solid carbon derived from cracking of heavy oil), and is mainly used as the aggregate of artificial graphite electrodes in electric arc furnaces for the iron manufacturing industry.

LPI (LP Information)' newest research report, the “Petroleum Needle Coke Industry Forecast” looks at past sales and reviews total world Petroleum Needle Coke sales in 2022, providing a comprehensive analysis by region and market sector of projected Petroleum Needle Coke sales for 2023 through 2029. With Petroleum Needle Coke sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Petroleum Needle Coke industry.

This Insight Report provides a comprehensive analysis of the global Petroleum Needle 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 Petroleum Needle Coke portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Petroleum Needle Coke market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Petroleum Needle 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 Petroleum Needle Coke.

The global Petroleum Needle Coke market size is projected to grow from US$ 608.3 million in 2022 to US$ 712.4 million in 2029; it is expected to grow at a CAGR of 712.4 from 2023 to 2029.

North America is the largest producer of Petroleum Needle Coke, with a market share about 40%. It was followed by Europe with 35%. ConocoPhillips, Seadrift Coke, JX Nippon Oil & Energy Corporation, Sumitomo Corporation and CNPC Jinzhou Petrochemical are the leaders of industry, and ConocoPhillips accounted for 60% revenue market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Petroleum Needle Coke market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

High-Sulfur Petroleum Needle Coke

Middle-Sulfur Petroleum Needle Coke

Low-Sulfur Petroleum Needle Coke

Segmentation by application

Ultra High Power Electrode

Special Carbon Materials

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.

ConocoPhillips

Seadrift Coke

JX Nippon Oil & Energy Corporation

Sumitomo Corporation

CNPC Jinzhou Petrochemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Petroleum Needle Coke market?

What factors are driving Petroleum Needle Coke market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Petroleum Needle Coke market opportunities vary by end market size?

How does Petroleum Needle 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.