petroleum coke industry to 2015 - strong demand growth drive

1. Petroleum Coke Industry to 2015 - Strong Demand GrowthDriven by Increased Focus on Fuel Diversification

2. Increased Use of Heavy Oil in Refining Giving Impetus to Petroleum Coke Production Growth The increasing demand for refined petroleum products and the high price differential between heavy and light crude oil has led to an increase in demand for heavy crude. The availability of crude is improving as production rates increase, particularly in North and South America. Global conventional oil reserves are expected to be around one trillion barrels in 2010, while heavy oil and bitumen resources are expected to be around five trillion barrels. More than 80% of these resources are located in Canada, the US and Venezuela. The growing oil sands production and the declining production of conventional light sweet crudes has resulted in refineries making the investments required to process the increasing supply of heavier crude. The percentage yield of petroleum coke from heavy crude oil is more than that from light crude oil. Therefore, the production of petroleum coke has been boosted by the increased use of heavy crude oil. In 2000, the global production of petroleum coke was 80.815 MMTPA, which increased to 123.058 MMTPA in 2010 at a CAGR of 4.29%. In 2015, the production is expected to grow to 161.271 MMTPA at a CAGR of 5.56%. Petroleum Coke Availability Has Led to an Increased Focus on Fuel Diversification by End Use Industries

3. Feedstock selection in the industry is directly related to its availability. The increased production of petroleum coke has made it a good substitute to traditional fuels such as coal. Petroleum coke is used both as an energy source and as a carbon source. Fuel grade petroleum coke is primarily used as an energy source in the cement and power industry, while calcined grade petroleum coke is used as a carbon source in the calcining and iron and steel industries. The demand for petroleum coke was 68.98 MMTPA in 2000, which increased to 103.663 MMTPA in 2010 at a CAGR of 4.16%. In 2015, the demand is expected to grow to 164.473 MMTPA at a CAGR of 9.67%. Fuel Grade Petroleum Coke Accounts for 75% of the Total Petroleum Coke Production Fuel grade petroleum coke for use as an energy source accounts for nearly 75% of total petroleum coke production. The cement and power industry are the major consumers of fuel grade petroleum coke. It is burned to produce energy used in making cement, lime, co-generation and other industrial applications. The remaining 25% is accounted for by calcined petroleum coke. The majority of the calcined petroleum coke is consumed by the aluminum sector for producing anodes. For further details, please click or add the below link to your browser: http://www.globaldata.com/reportstore/Report.aspx?ID=Petroleum-Coke-Industry-to-2015-Strong-Demand-Growth-Driven-by-Increased-Focus-on-Fuel-Diversification&Title=Chemicals&ReportType=Industry_Report

4. Market Scenario for Fuel Grade Petroleum Coke in Major Countries The major fuel grade petroleum coke producing countries are India, China, Japan, Russia, Germany, the UK, France, the US, Canada, Venezuela, Mexico, Argentina and Brazil. These countries accounted for 90% of the total global fuel grade petroleum coke production in 2010. The North America and South and Central America regions are the main supply hub for petroleum coke. The US, Canada and Venezuela are the major exporters of petroleum coke globally. Large heavy crude reserves and the presence of ‘world-scale’ refineries with coking units have helped boost the production of petroleum coke in these countries. The bulk of the petroleum coke production is centered in these regions. China and India, which have the largest cement industry, are emerging as the largest consumers of fuel grade petroleum coke. The production of fuel grade petroleum coke is increasing in these countries but they still have to depend heavily on imports to meet the growing domestic demand. In Europe, fuel grade petroleum coke growth is stagnant due to the slow growth of the cement industry and strong environmental regulations. The majority of the fuel grade petroleum coke in Europe is used in the power sector. The prices for fuel grade petroleum coke are generally determined by the competitive steam coal prices. Pricing is discounted to compensate for sulfur and the extra difficulties the end user experiences managing both steam coal and fuel grade petroleum coke inputs. In 2000, the global average price for fuel grade petroleum coke was $31.29/ Tonne and increased to $105.06/ Tonne in 2010 at a CAGR of 12.88%. In 2015

5. GlobalData, the industry analysis specialist, has released its latest research, “Petroleum Coke Industry to 2015 - Strong Demand Growth Driven by Increased Focus on Fuel Diversification”. The study, which is an offering from the company’s Petrochemical Research Group, provides in-depth analysis of the global petroleum coke industry, with production forecasts and key trends to 2015. The study provides detailed analysis and forecasts of industry trends affecting the top fuel grade petroleum coke producing countries in the world. The report includes historic data and future forecasts of fuel grade petroleum coke production and demand in the major petroleum coke producing countries. It analyses the global pricing scenario, and gives pricing forecasts for major fuel grade petroleum coke producing countries. The report presents a comprehensive analysis of the global petroleum coke market, covering all the major parameters. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s research team of industry experts. For further details, please click or add the below link to your browser: http://www.globaldata.com/reportstore/Report.aspx?ID=Petroleum-Coke-Industry-to-2015-Strong-Demand-Growth-Driven-by-Increased-Focus-on-Fuel-Diversification&Title=Chemicals&ReportType=Industry_Report

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