The global demand for Calcined Petroleum Coke Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Calcined petroleum coke or CPC is a sponge-like structure, with high density and high electrical conductivity. Calcined petroleum coke is made by adding high quality raw green petroleum coke in the rotary kilns. It is used in the production of alumininum, steel, and graphite electrode among others.
Market Dynamics
Major factors driving the rising demand for calcined petroleum coke are - its use as an additive in electrodes or as a carburizer steel industry, favourable government initiatives regarding the sustainable and green environment, growth in the supply of heavy oils globally, and development in the cement and power generation industries. Furthermore, the use of anode grade petcoke and needle coke in steel manufacturing and graphite electrodes, respectively, is likely to propel market growth. Because crude oil distillates and wastes are the main sources for calcined petcoke obtained from the petroleum industry, the prohibition on coal mining is anticipated to hamper supplies, resulting in a supply constraint in the industry. Despite that, major benefits of high yield and low pricing have led to an increasing preference for calcined petroleum coke over coal end users.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of calcined petroleum coke. The growth and trends of calcined petroleum coke industry provide a holistic approach to this study.
Market Segmentation
This section of the calcined petroleum coke market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Grade
- Anode Grade
- Needle-Grade
- Application
By Metals
- Paint & Coatings
- Fertilizer And Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Calcined Petroleum Coke market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Calcined Petroleum Coke Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the calcined petroleum coke market include Oxbow Corporation, Atha Group, Rain Industries Limited, HPCL-Mittal Energy Limited (HMEL), Essar Oil Ltd., Henze International LLC, BP, Chevron Corporation, and ArcelorMittal. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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