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Needle Coke Market Outlook to Receive Overwhelming Hike in Revenues by 2027<br>
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©2019 Transparency Market Research, All Rights Reserved Needle Coke Market - Global Industry Analysis, Size, Share, Growth Trends 2015 - 2023 ©2019 Transparency Market Research, All Rights Reserved
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©2019 Transparency Market Research, All Rights Reserved Needle Coke Market: A Rising Demand for Steel Opens New Horizons • The needle coke market is expected to witness major growth in the near future, thanks to a growing demand for steel. • The market is expected to register 4.0% CAGR during 2018-2026 and reach US$ 5.18 bn by 2026 end. • Needle coke is primarily used for the manufacturing of graphite electrodes for EAF steel. • It is a highly crystalline coke and is made using fluid catalytic cracking decant oil in its initial stages as a petroleum derived product View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved Needle Coke Market: Petroleum-Based Needle Coke Emerges as a Clear Favorite • The needle coke market isdivided into coal tarpitched and petroleum derived. Among these, the petroleum based product is expected to drive growth ofthe needle coke market. • The segment is witnessing a robust demand, despite the presence of onlya handfulglobalsuppliers. • The growth in the segment is driven by growing demand from China andIndia,majorsuppliersof Steel.
©2019 Transparency Market Research, All Rights Reserved Needle Coke Market: Lithium-ion Batteries Pave Way for Growth • The needle coke market is segmented on the basis of application into lithium-ion battery,graphite electrode, and others. • Among these, the needle coke market is expected to witness the highest demand in graphite electrodes. These are growing in demand as demand in Asia Pacific continues to rise. • Rising infrastructural development, growing manufacturing in Asia Pacific, and China as a major producer of needle coke are expected to drive it further. ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved Leading Players in Market • • • • Indian Oil Corporation Ltd. BaotailongNew Material Co. Ltd. Mitsubishi Chemical Corporation JXTG Holdings Inc ©2019 Transparency Market Research, All Rights Reserved
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