Fuel Grade Petcoke Market Size - By Physical form (Sponge Coke, Purge Coke, Shot Coke, Needle Coke), By Application (Power Plants, Cement Industry, Steel Industry, Aluminum Industry) & Global Forecast, 2023 - 2032
Global Fuel Grade Petcoke Market will witness over 5.5% CAGR between 2023 and 2032. Growing investments and agreements from government and private institutions worldwide support market growth. For instance, in July 2023, Venezuela's state-owned oil company, PDVSA, entered into two new agreements for exporting up to 1.6 million metric tons of petroleum coke in the ongoing year. These contracts, as per internal company records, are poised to alleviate a market backlog. One of these contracts, signed with Latif Petrol, a Turkish company, specifies the shipment of 1 million tons in the latter part of the year.
As these organizations recognize the potential of fuel-grade petcoke in various industries, agreements are fueling research and production. With a focus on energy efficiency and cost-effectiveness, these financial commitments are driving the fuel-grade petcoke market outlook, responding to the global demand for more sustainable and accessible energy sources.
The overall Fuel Grade Petcoke Market share is classified based on physical form, application, and region.
Purge coke segment will undergo significant development from 2023 to 2032. Purge coke, a byproduct of oil refining, is used in various industrial processes. Fuel-grade petcoke is a valuable energy source in these applications due to its high calorific value. As industries focus on optimizing efficiency and minimizing environmental impact, the fuel-grade petcoke market demand in purge coke manufacturing is steadily growing, offering a cleaner and cost-effective solution.
Power plants segment will register a notable CAGR from 2023 to 2032. Fuel-grade petcoke serves as a valuable source of energy due to its high calorific value and cost-effectiveness. Power plants are increasingly adopting this fuel to generate electricity efficiently. As energy demands rise and sustainability becomes a priority, fuel-grade petcoke market growth is a preferred choice, aligning with the shift towards cleaner and more economical power generation methods.
APAC fuel grade petcoke industry will showcase an appreciable CAGR from 2023 to 2032. This increase can be attributed to the region's growing industrialization and energy requirements. As industries and power plants seek cost-effective and efficient energy solutions, fuel-grade petcoke is gaining prominence in Asia Pacific, playing a vital role in meeting the region's energy demands and supporting its economic growth.
Chapter 1 Methodology & Scope
1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid
1.4.2.2 Unpaid
Chapter 2 Fuel Grade Petcoke Industry Insights
2.1 Industry ecosystem analysis
2.1.1 Vendor Matrix
2.2 Regulatory landscape
2.3 Industry impact forces
2.3.1 Growth drivers
2.3.2 Industry pitfalls & challenges
2.4 COVID- 19 impact on the industry outlook
2.5 Growth potential analysis
2.6 Porter's Analysis
2.6.1 Bargaining power of suppliers
2.6.2 Bargaining power of buyers
2.6.3 Threat of new entrants
2.6.4 Threat of substitutes
2.7 PESTEL Analysis
Chapter 3 Competitive Benchmarking
3.1 Competitive landscape, 2022
3.1.1 Strategic dashboard
3.2 Innovation & sustainability landscape
Chapter 4 Fuel Grade Petcoke Market, By Physical Form
4.1 Key physical form trends
4.2 Sponge Coke
4.3 Purge Coke
4.4 Shot Coke
4.5 Needle Coke
Chapter 5 Fuel Grade Petcoke Market, By Application
5.1 Key application trends
5.2 Power Plants
5.3 Cement Industry
5.4 Steel Industry
5.5 Aluminum Industry
5.6 Others
Chapter 6 Fuel Grade Petcoke Market, By Region
6.1 Key region trends
6.2 North America
6.2.1 U.S.
6.2.2 Canada
6.3 Europe
6.3.1 Spain
6.3.2 Russia
6.3.3 UK
6.3.4 Italy
6.3.5 France
6.3.6 Germany
6.3.7 Greece
6.4 Asia Pacific
6.4.1 China
6.4.2 India
6.4.3 Japan
6.4.4 Australia
6.5 Middle East & Africa
6.5.1 Tunisia
6.5.2 Turkey
6.5.3 Morocco
6.6 Latin America
6.6.1 Brazil
6.6.2 Mexico
6.6.3 Argentina
6.6.4 Chile
Chapter 7 Company Profiles
7.1 BP p.l.c.
7.2 Saudi Arabian Oil Company (Saudi Aramco)
7.3 Exxon Mobil Corporation
7.4 Shell Plc
7.5 Reliance Industries Limited
7.6 Chevron Corporation
7.7 Valero
7.8 Indian Oil Corporation Ltd
7.9 Marathon Petroleum Corporation
7.10 Oxbow Corporation
7.11 AMINCO RESOURCES LLC.
7.12 Bharat Petroleum Corporation Limited
7.13 Shamokin Carbons
7.14 Husky Energy
7.15 Cocan graphite.
Data Tables
TABLE 1 Global market, 2019 – 2022 (Volume & Revenue)
TABLE 2 Global market, 2023 – 2027 (Volume & Revenue)
TABLE 3 Global market, 2028 – 2032 (Volume & Revenue)
TABLE 4 Global market by physical form, 2019 – 2022 (MT)
TABLE 5 Global market by physical form, 2023 – 2027 (MT)
TABLE 6 Global market by physical form, 2028 – 2032 (MT)
TABLE 7 Global market by physical form, 2019 – 2022 (USD Million)
TABLE 8 Global market by physical form, 2023 – 2027 (USD Million)
TABLE 9 Global market by physical form, 2028 – 2032 (USD Million)
TABLE 10 Global market by application, 2019 – 2022 (MT)
TABLE 11 Global market by application, 2023 – 2027 (MT)
TABLE 12 Global market by application, 2028 – 2032 (MT)
TABLE 13 Global market by application, 2019 – 2022 (USD Million)
TABLE 14 Global market by application, 2023 – 2027 (USD Million)
TABLE 15 Global market by application, 2028 – 2032 (USD Million)
TABLE 16 Global market by region, 2019 – 2022 (MT)
TABLE 17 Global market by region, 2023 – 2027 (MT)
TABLE 18 Global market by region, 2028 – 2032 (MT)
TABLE 19 Global market by region, 2019 – 2022 (USD Million)
TABLE 20 Global market by region, 2023 – 2027 (USD Million)
TABLE 21 Global market by region, 2028 – 2032 (USD Million)
TABLE 22 Industry impact forces
TABLE 23 Global market from sponge coke, 2019 – 2022 (Volume & Revenue)
TABLE 24 Global market from sponge coke, 2023 – 2027 (Volume & Revenue)
TABLE 25 Global market from sponge coke, 2028 – 2032 (Volume & Revenue)
TABLE 26 Global market from sponge coke, by region, 2019 – 2022 (MT)
TABLE 27 Global market from sponge coke, by region, 2023 – 2027 (MT)
TABLE 28 Global market from sponge coke, by region, 2028 – 2032 (MT)
TABLE 29 Global market from sponge coke, by region, 2019 – 2022 (USD Million)
TABLE 30 Global market from sponge coke, by region, 2023 – 2027 (USD Million)
TABLE 31 Global market from sponge coke, by region, 2028 – 2032 (USD Million)
TABLE 32 Global market from purge coke, 2019 – 2022 (Volume & Revenue)
TABLE 33 Global market from purge coke, 2023 – 2027 (Volume & Revenue)
TABLE 34 Global market from purge coke, 2028 – 2032 (Volume & Revenue)
TABLE 35 Global market from purge coke, by region, 2019 – 2022 (MT)
TABLE 36 Global market from purge coke, by region, 2023 – 2027 (MT)
TABLE 37 Global market from purge coke, by region, 2028 – 2032 (MT)
TABLE 38 Global market from purge coke, by region, 2019 – 2022 (USD Million)
TABLE 39 Global market from purge coke, by region, 2023 – 2027 (USD Million)
TABLE 40 Global market from purge coke, by region, 2028 – 2032 (USD Million)
TABLE 41 Global market from shot coke, 2019 – 2022 (Volume & Revenue)
TABLE 42 Global market from shot coke, 2023 – 2027 (Volume & Revenue)
TABLE 43 Global market from shot coke, 2028 – 2032 (Volume & Revenue)
TABLE 44 Global market from shot coke, by region, 2019 – 2022 (MT)
TABLE 45 Global market from shot coke, by region, 2023 – 2027 (MT)
TABLE 46 Global market from shot coke, by region, 2028 – 2032 (MT)
TABLE 47 Global market from shot coke, by region, 2019 – 2022 (USD Million)
TABLE 48 Global market from shot coke, by region, 2023 – 2027 (USD Million)
TABLE 49 Global market from shot coke, by region, 2028 – 2032 (USD Million)
TABLE 50 Global market from needle coke, 2019 – 2022 (Volume & Revenue)
TABLE 51 Global market from needle coke, 2023 – 2027 (Volume & Revenue)
TABLE 52 Global market from needle coke, 2028 – 2032 (Volume & Revenue)
TABLE 53 Global market from needle coke, by region, 2019 – 2022 (MT)
TABLE 54 Global market from needle coke, by region, 2023 – 2027 (MT)
TABLE 55 Global market from needle coke, by region, 2028 – 2032 (MT)
TABLE 56 Global market from needle coke, by region, 2019 – 2022 (USD Million)
TABLE 57 Global market from needle coke, by region, 2023 – 2027 (USD Million)
TABLE 58 Global market from needle coke, by region, 2028 – 2032 (USD Million)
TABLE 59 Global market from power plant, 2019 – 2022 (Volume & Revenue)
TABLE 60 Global market from power plant, 2023 – 2027 (Volume & Revenue)
TABLE 61 Global market from power plant, 2028 – 2032 (Volume & Revenue)
TABLE 62 Global market from power plant, by region, 2019 – 2022 (MT)
TABLE 63 Global market from power plant, by region, 2023 – 2027 (MT)
TABLE 64 Global market from power plant, by region, 2028 – 2032 (MT)
TABLE 65 Global market from power plant, by region, 2019 – 2022 (USD Million)
TABLE 66 Global market from power plant, by region, 2023 – 2027 (USD Million)
TABLE 67 Global market from power plant, by region, 2028 – 2032 (USD Million)
TABLE 68 Global market from cement industry, 2019 – 2022 (Volume & Revenue)
TABLE 69 Global market from cement industry, 2023 – 2027 (Volume & Revenue)
TABLE 70 Global market from cement industry, 2028 – 2032 (Volume & Revenue)
TABLE 71 Global market from cement industry, by region, 2019 – 2022 (MT)
TABLE 72 Global market from cement industry, by region, 2023 – 2027 (MT)
TABLE 73 Global market from cement industry, by region, 2028 – 2032 (MT)
TABLE 74 Global market from cement industry, by region, 2019 – 2022 (USD Million)
TABLE 75 Global market from cement industry, by region, 2023 – 2027 (USD Million)
TABLE 76 Global market from cement industry, by region, 2028 – 2032 (USD Million)
TABLE 77 Global market from steel industry, 2019 – 2022 (Volume & Revenue)
TABLE 78 Global market from steel industry, 2023 – 2027 (Volume & Revenue)
TABLE 79 Global market from steel industry, 2028 – 2032 (Volume & Revenue)
TABLE 80 Global market from steel industry, by region, 2019 – 2022 (MT)
TABLE 81 Global market from steel industry, by region, 2023 – 2027 (MT)
TABLE 82 Global market from steel industry, by region, 2028 – 2032 (MT)
TABLE 83 Global market from steel industry, by region, 2019 – 2022 (USD Million)
TABLE 84 Global market from steel industry, by region, 2023 – 2027 (USD Million)
TABLE 85 Global market from steel industry, by region, 2028 – 2032 (USD Million)
TABLE 86 Global market from aluminum industry, 2019 – 2022 (Volume & Revenue)
TABLE 87 Global market from aluminum industry, 2023 – 2027 (Volume & Revenue)
TABLE 88 Global market from aluminum industry, 2028 – 2032 (Volume & Revenue)
TABLE 89 Global market from aluminum industry, by region, 2019 – 2022 (MT)
TABLE 90 Global market from aluminum industry, by region, 2023 – 2027 (MT)
TABLE 91 Global market from aluminum industry, by region, 2028 – 2032 (MT)
TABLE 92 Global market from aluminum industry, by region, 2019 – 2022 (USD Million)
TABLE 93 Global market from aluminum industry, by region, 2023 – 2027 (USD Million)
TABLE 94 Global market from aluminum industry, by region, 2028 – 2032 (USD Million)
TABLE 95 Global market from others, 2019 – 2022 (Volume & Revenue)
TABLE 96 Global market from others, 2023 – 2027 (Volume & Revenue)
TABLE 97 Global market from others, 2028 – 2032 (Volume & Revenue)
TABLE 98 Global market from others, by region, 2019 – 2022 (MT)
TABLE 99 Global market from others, by region, 2023 – 2027 (MT)
TABLE 100 Global market from others, by region, 2028 – 2032 (MT)
TABLE 101 Global market from others, by region, 2019 – 2022 (USD Million)
TABLE 102 Global market from others, by region, 2023 – 2027 (USD Million)
TABLE 103 Global market from others, by region, 2028 – 2032 (USD Million)
TABLE 104 North America market, 2019 – 2022 (Volume & Revenue)
TABLE 105 North America market, 2023 – 2027 (Volume & Revenue)
TABLE 106 North America market, 2028 – 2032 (Volume & Revenue)
TABLE 107 North America market from physical form, 2019 – 2022 (MT)
TABLE 108 North America market from physical form, 2023 – 2027 (MT)
TABLE 109 North America market from physical form, 2028 – 2032 (MT)
TABLE 110 North America market from physical form, 2019 – 2022 (USD Million)
TABLE 111 North America market from physical form, 2023 – 2027 (USD Million)
TABLE 112 North America market from physical form, 2028 – 2032 (USD Million)
TABLE 113 North America market from application, 2019 – 2022 (MT)
TABLE 114 North America market from application, 2023 – 2027 (MT)
TABLE 115 North America market from application, 2028 – 2032 (MT)
TABLE 116 North America market from application, 2019 – 2022 (USD Million)
TABLE 117 North America market from application, 2023 – 2027 (USD Million)
TABLE 118 North America market from application, 2028 – 2032 (USD Million)
TABLE 119 U.S. market, 2019 – 2022 (Volume & Revenue)
TABLE 120 U.S. market, 2023 – 2027 (Volume & Revenue)
TABLE 121 U.S. market, 2028 – 2032 (Volume & Revenue)
TABLE 122 U.S. market from physical form, 2019 – 2022 (MT)
TABLE 123 U.S. market from physical form, 2023 – 2027 (MT)
TABLE 124 U.S. market from physical form, 2028 – 2032 (MT)
TABLE 125 U.S. market from physical form, 2019 – 2022 (USD Million)
TABLE 126 U.S. market from physical form, 2023 – 2027 (USD Million)
TABLE 127 U.S. market from physical form, 2028 – 2032 (USD Million)
TABLE 128 U.S. market from application, 2019 – 2022 (MT)
TABLE 129 U.S. market from application, 2023 – 2027 (MT)
TABLE 130 U.S. market from application, 2028 – 2032 (MT)
TABLE 131 U.S. market from application, 2019 – 2022 (USD Million)
TABLE 132 U.S. market from application, 2023 – 2027 (USD Million)
TABLE 133 U.S. market from application, 2028 – 2032 (USD Million)