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The Global petroleum coke market was valued at over USD 27 Billion in 2022 and is expected to reach about USD 41 Billion in 2028, with a CAGR of nearly 7% during the forecast period.
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Market Drivers Growing use of petcoke as a cost effective fuel in cement and energy industries is expected to drive the market growth. Rising production of aluminum is influencing demand for calcined petcoke which will augment the market growth.
Market Segmentation
Segmentation by Region North America • Asia Pacific • Europe • RoW • China, Japan, India, • South Korea, Australia, Rest of Asia-Pacific • Germany, United Kingdom, France, Italy, Rest of Europe Latin America, Middle East, Africa U.S., Canada, Mexico
Leading Market Players • BP Plc • Phillips 66 Company • PJSC Lukoil • Indian Oil Corporation Ltd. • Valero Energy Corporation • Oxbow Corporation • Suncor Energy Inc. • AMINCO RESOURCES LLC • Renelux Group • HPCL Mittal Energy Limited (HMEL)
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