Needle coke is the primary raw material used for the manufacturing of graphite electrodes from arc furnace in the steel and aluminum industries. It is a special type of coke that exhibits superior properties such as structural characteristics, high-temperature resistance, high electrical resistance, oxidizability, and Coefficient of Thermal Expansion (CTE). Needle coke act as a raw material in steel recycling & thus widened application areas of steel and aluminum within the automobile, engineering & aerospace industries.
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Needle Coke Market reached ~US$ xx Mn in 2019 and is anticipated grow at a CAGR of xx% over the forecast period 2020 to 2027. The business intelligence study of the Needle Coke Market covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units). In a bid to recognize the growth prospects in the Needle Coke Market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market.
Key Companies Analyzed in this Report are:
1. Baotailong New Materials Co., Ltd.
2. C-Chem Co., Ltd.
3. Fangda Carbon New Material Co., Ltd.
4. Indian Oil Corporation Ltd.
5. Mitsubishi Chemical Corporation
6. Phillips 66
7. GrafTech International Ltd.
8. Shanxi Hongte Coal Chemical Industry
9. Shijiazhuang Deli Chemical Co., Ltd.
10. Sumitomo Corporation
What insights readers can gather from the Needle Coke Market report?
- A critical study of the Needle Coke Market on the basis of segment 1, segment 2, segment 3 and segment 4
- Learn the behavior pattern of every Needle Coke Market player – product launches, expansions, collaborations and acquisitions in the market currently
- Examine and study the progress outlook of the global Needle Coke landscape, which includes, revenue, production & consumption and historical & forecast
- Understand important drivers, restraints, opportunities, and trends (DROT Analysis)
- Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization
Needle coke represents over 40% of crude material expenses in the creation of graphite cathodes. It is the essential crude material utilized for the assembling of graphite terminals from circular segment heater in the steel and aluminum ventures. It shows unrivaled properties, for example, auxiliary qualities, high-temperature opposition, high electrical obstruction, oxidizability, and Coefficient of Thermal Expansion (CTE) which makes it appropriate for graphite terminals.
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The Needle Coke Market report answers the following queries:
- Which players hold the significant Needle Coke Market share and why?
- What strategies are the Needle Coke Market players forming to gain a competitive edge?
- Why region is expected to lead the global Needle Coke Market?
- What factors are negatively affecting the Needle Coke Market growth?
- What will be the value of the global Needle Coke Market by the end of 2027?