Global Petroleum Coke Market: size was valued at US $24.80 Billion in 2020 and the Petroleum Coke market revenue is expected to grow at 7.62% through 2021 to 2027, reaching nearly US $41.47 Billion. The report analyzes Petroleum Coke market dynamics by region, and end-user industries.
Global Petroleum Coke Market Overview:
The report is based on extensive research, qualitative and quantitative evaluations by industry experts, and feedback from field personnel and supply chain stakeholders. The study delves deeply into parent market trends, macroeconomic statistics, and regulating variables, as well as market attractiveness by segment. The analysis also maps out the qualitative impact of major market factors on market segments and geographies.
Market Scope:
This Global Petroleum Coke Market review looks at the most recent developments, regulatory frameworks, trade analysis, business models, supply chain utilization, market dominance, the impact of residential and localized market participants, assessments of possibilities in terms of evolving revenue spots, regulatory shifts, tactical industry growth analysis, sales volume, categorical market growth, implementation niches and dominance, product releases, global coverage, and product latitude. To understand more about the Global Petroleum Coke market, contact Stellar Market Research and get an Analyst Brief. Our personnel will help you make an informed market decision to achieve market growth.
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Global Petroleum Coke Market Key Players:
China National Offshore Oil Corporation (China)
Essar Oil Corporation (India)
Indian Oil Corporation Limited (India)
Mitsubishi Corporation (Japan)
Sinopec (China)
British Petroleum (United Kingdom)
Nippon Coke and Engineering (Japan)
Shell Petroleum (United Kingdom)
Atha Group (India)
Aluminum Bahrain (Bahrain)
Carbograf (Mexico)
Saudi Aramco (Saudi Arabia)
Asbury Carbons (United States)
ConocoPhillips (United States)
Minmat Ferro Alloys (India)
Others
The market's leading players are embracing various growth techniques such as partnerships and strategic alliances, as well as new product launches, to expand their presence in emerging nations and eventually widen their customer base. Some of the prominent players in the Global Petroleum Coke market are as follows:
Global Petroleum Coke Market Segmentation:
The fuel grade coke segment was dominant in 2020, accounting for xx% of the total petroleum coke market. Fuel-grade coke is either sponge coke or shot coke in structure. While oil refineries have been producing coke for over a century, the mechanisms that allow sponge coke or shot coke to form are poorly understood and difficult to forecast.
Lower temperatures and higher pressures promote the development of sponge coke in general. Though its high heat and low ash content make it a good fuel for power generation in coal-fired boilers, petroleum coke has a high Sulphur content and a low volatile composition, causing environmental and technical issues during combustion.
Calcined petroleum coke (CPC) is a byproduct of the calcination of petroleum coke. Calcined petroleum coke is used to produce anodes for the aluminium, steel, and titanium smelting industries. As the application scope of needle calcinated coke in battery electrodes grows, the calcined coke market is likely to rise significantly throughout the forecast period.
Global Petroleum Coke Market Regional Analysis:
Individual market influencing aspects and changes in market regulations that affect existing and future marketing tactics are also explored in the Global Petroleum Coke market study's country-focused discussion. Consumer volumes, processing facilities, and inventories, shipping analysis, price prediction modeling, raw material prices, and upstream and downstream value chain analysis are some of the major factors used to forecast the market scenario for specific countries. While providing forecast analysis of national data, the availability and affordability of global brands, as well as the challenges they face due to large or limited competition from local and domestic producers, the effect of local tariffs, and shipping routes, are all considered.
COVID-19 Impact Analysis on Global Petroleum Coke Market:
The COVID-19 outbreak resulted in a severe and prolonged decline in production efficiency, while travel bans and factory closures kept people away from their businesses, leading the Global Petroleum Coke market to slow in 2020. The new research features pandemic's impact on the Global Petroleum Coke # market, as well as observations, research, estimations, and projections. The Stellar Global Petroleum Coke Market Research study contains an in-depth examination of customer behavior in the aftermath of the virus, as well as its influence on the Global Petroleum Coke market's outlook, classification, trends, and economic constraints.
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Key Questions Answered in the Global Petroleum Coke Market Report are:
- What are the drivers motivating overall Global Petroleum Coke market advancement in the upcoming period?
- What revenue potential is estimated from the Global Petroleum Coke market’s transactions in the years ahead?
- What CAGR potential is forecasted for the Global Petroleum Coke market in the approaching period?
- Who are the significant contenders functioning in the Global Petroleum Coke market?
- Which region is leading the global Global Petroleum Coke market share at the end of the forecast period?
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