The Global Needle Coke market is emerging owing to the HEV industry and rising awareness of carbon emission
The global needle coke market has the potential to grow with USD 10.2 billion with historical CAGR in the forecast period from 2020-2027. Factors driving the market demand for needle coke are the significant development of the new energy industry, the need for lithium coke materials for needle coke, a high-end raw material, is also continuously increasing. It expected to bolster the market share of the needle coke market.
Needle coke is a high-quality variety of thrived in carbon materials. Its appearance is a silver-gray, metallic luster porous substantial and has a bright, flowing texture. The pores are large but few and slightly oval, and the particles are large. The length-to-width ratio, like a fibrous or needle-like texture, has a lubricating feel and is the raw material for producing high-end carbon products such as ultra-high-power electrodes, unique carbon materials, carbon fibers, and composite materials.
Moreover, with the continuous advancement of supply-side structural reforms and the increasing intensity of domestic environmental supervision, the needle coke market has been in a tightly balanced pattern, and product prices have continued to perform strongly.
Grade overview in the Global Needle Coke Market
Based on the grade, the global needle coke market categorized into Super-premium, Premium-grade, Intermediate-grade. The super-premium grade segment accounted for the largest share in the global needle coke market. Needle coke is an indispensable raw material for the production of ultra-high-power graphite electrodes, anode materials for lithium batteries, nuclear graphite, stealth materials, aerospace, and other high-end industries. The process technology for producing super-premium grade needle coke is entirely comparable to the world-renowned brands. After being put into production, it will completely break the situation that super-premium grade needle coke entirely depends on imports. Needle coke is a product of high-end manufacturing industry with high technology content, high investment threshold, high product quality requirements, and high returns.
Application overview in the Global Needle Coke Market
Based on the application, the global needle coke market classified into Electrode, Silicon metals & ferroalloys, Carbon black, Rubber compounds, Others. The electrode segment has dominated the largest share in the global needle coke market. Needle coke is a high-quality material for manufacturing high-power and ultra-high-power electrodes. The graphite electrode made of needle coke has strong thermal shock resistance, high mechanical strength, excellent oxidation performance, low electrode consumption, and large allowable current density.
Moreover, the development of the steel industry requires a large number of ultra-high-power electrodes and high-power electrodes. Thus, the demand for needle coke used in the production of ultra-high-power electrodes and high-power electrodes is proliferating. Therefore, the electrode segment is propelling the market demand for the global needle coke market in the forecast period from 2020-2027.
Region overview in the Global Needle Coke Market
Based on geography, the global needle coke market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America region is dominating the market share of the global needle coke market. It is mainly due to the rising development and production of needle coke, R&D personnel is increasingly aware of the difficulty of needle coke production, construction of pilot plants to obtain experimental data to guide production. The processing technology of needle coke is continuously improved to meet the increasing demand. Also, needle coke with excellent quality will produce shortly to meet the growing requirements of the steel industry in the North America region.
Global Needle Coke Market: Competitive Landscape
Companies such as Phillips 66, Asbury Carbon Inc., Seadrift Coke L.P., Sumitomo Chemical Company, Mitsubishi Chemical Corp., JXTG Nippon Oil & Energy Corp., Indian Oil Corporation Limited, and others are key players in the global needle coke market.
Global Needle Coke Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Economic Factor Analysis
4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges
4.2. Competitors & Product Analysis
4.3. Regulatory Framework
4.4. Company market share analysis, 2019
4.5. Porter's Five forces analysis
4.6. New Investment Analysis
4.7. PESTEL Analysis
5. Global Needle Coke Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.1.2. Consumption
5.1.2.1. By Volume (Kilo Tons)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Grade
5.2.1.1. Super-premium
5.2.1.2. Premium-grade
5.2.1.3. Intermediate-grade
5.2.2. By Application
5.2.2.1. Electrode
5.2.2.2. Silicon metals & ferroalloys
5.2.2.3. Carbon black
5.2.2.4. Rubber compounds
5.2.2.5. Others
5.2.3. By Region
5.2.3.1. Europe
5.2.3.2. North America
5.2.3.3. Asia Pacific
5.2.3.4. South America
5.2.3.5. Middle East & Africa
6. Europe Needle Coke Market Overview
6.1. Europe Needle Coke Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.1.2. Consumption
6.1.2.1. By Volume (Kilo Tons)
6.2. Europe Needle Coke Market Share & Forecast, 2016-2027
6.2.1. By Grade
6.2.1.1. Super-premium
6.2.1.2. Premium-grade
6.2.1.3. Intermediate-grade
6.2.2. By Application
6.2.2.1. Electrode
6.2.2.2. Silicon metals & ferroalloys
6.2.2.3. Carbon black
6.2.2.4. Rubber compounds
6.2.2.5. Others
6.2.3. By Country
6.2.3.1. Germany
6.2.3.2. UK
6.2.3.3. France
6.2.3.4. Italy
6.2.3.5. Rest of Europe
6.2.4. Company Market Share (Top 3-5)
6.2.5. Economic Impact Study on Europe Needle Coke Market
7. North Needle Coke Market Overview
7.1. North America Needle Coke Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.1.2. Consumption
7.1.2.1. By Volume (Kilo Tons)
7.2. North America Needle Coke Market Share & Forecast, 2016-2027
7.2.1. By Grade
7.2.1.1. Super-premium
7.2.1.2. Premium-grade
7.2.1.3. Intermediate-grade
7.2.2. By Application
7.2.2.1. Electrode
7.2.2.2. Silicon metals & ferroalloys
7.2.2.3. Carbon black
7.2.2.4. Rubber compounds
7.2.2.5. Others
7.2.3. By Country
7.2.3.1. US
7.2.3.2. Canada
7.2.3.3. Mexico
7.2.4. Company Market Share (Top 3-5)
7.2.5. Economic Impact Study on North America Needle Coke Market
8. Asia Pacific Needle Coke Market Overview
8.1. Asia Pacific Needle Coke Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.1.2. Consumption
8.1.2.1. By Volume (Kilo Tons)
8.2. Asia Pacific Needle Coke Market Share & Forecast, 2016-2027
8.2.1. By Grade
8.2.1.1. Super-premium
8.2.1.2. Premium-grade
8.2.1.3. Intermediate-grade
8.2.2. By Application
8.2.2.1. Electrode
8.2.2.2. Silicon metals & ferroalloys
8.2.2.3. Carbon black
8.2.2.4. Rubber compounds
8.2.2.5. Others
8.2.3. By Country
8.2.3.1. China
8.2.3.2. India
8.2.3.3. Japan
8.2.3.4. Australia
8.2.3.5. Rest of Asia Pacific
8.2.4. Company Market Share (Top 3-5)
8.2.5. Economic Impact Study on Asia Pacific Needle Coke Market
9. South America Needle Coke Market Overview
9.1. South America Needle Coke Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.1.2. Consumption
9.1.2.1. By Volume (Kilo Tons)
9.2. South America Needle Coke Market Share & Forecast, 2016-2027
9.2.1. By Grade
9.2.1.1. Super-premium
9.2.1.2. Premium-grade
9.2.1.3. Intermediate-grade
9.2.2. By Application
9.2.2.1. Electrode
9.2.2.2. Silicon metals & ferroalloys
9.2.2.3. Carbon black
9.2.2.4. Rubber compounds
9.2.2.5. Others
9.2.3. By Country
9.2.3.1. Brazil
9.2.3.2. Argentina
9.2.3.3. Rest of South America
9.2.4. Company Market Share (Top 3-5)
9.2.5. Economic Impact Study on South America Needle Coke Market
10. Middle East & Africa Needle Coke Market Overview
10.1. Middle East & Africa Needle Coke Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.1.2. Consumption
10.1.2.1. By Volume (Kilo Tons)
10.2. Middle East & Africa Needle Coke Market Share & Forecast, 2016-2027
10.2.1. By Grade
10.2.1.1. Super-premium
10.2.1.2. Premium-grade
10.2.1.3. Intermediate-grade
10.2.2. By Application
10.2.2.1. Electrode
10.2.2.2. Silicon metals & ferroalloys
10.2.2.3. Carbon black
10.2.2.4. Rubber compounds
10.2.2.5. Others
10.2.3. By Country
10.2.3.1. Saudi Arabia
10.2.3.2. UAE
10.2.3.3. South Africa
10.2.3.4. Rest of Middle East & Africa
10.2.4. Company Market Share (Top 3-5)
10.2.5. Economic Impact Study on Middle East & Africa Needle Coke Market
11. Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1.1. Phillips 66
11.7.1.2. Asbury Carbon Inc.
11.7.1.3. Seadrift Coke L.P.
11.7.1.4. Sumitomo Chemical Company
11.7.1.5. Mitsubishi Chemical Corp.
11.7.1.6. JXTG Nippon Oil & Energy Corp.
11.7.1.7. Indian Oil Corporation Limited
11.7.1.8. Other players
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