Global Market For Needle Coke To Expand At A CAGR Of 3.7% By The End Of 2032

The study on the Global Needle Coke Market Insights published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of Needle Coke Market Insights in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the Needle Coke Market Insights during the forecast period.

The report examines the current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynamics of the Needle Coke Market Insights in the assessment period.

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Needle Coke Market Segmentation

  • Needle Coke Market by Type :
    • Petroleum-derived Needle Coke
    • Coal Tar Pitch-derived Needle Coke
  • Needle Coke Market by Grade :
    • Intermediate Premium Needle Coke
    • Base Premium Needle Coke
    • Super Premium Needle Coke
  • Needle Coke Market by Application :
    • Graphite Electrodes
    • Lithium-ion Batteries
    • Other Applications
  • Needle Coke Market by Region :
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

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Competitive Landscape

Market participants are increasingly investing in research and development activities to create needle coke from low-value heavier hydrocarbon streams that do not require any considerable feed pre-treatment. Needle coke made from low-value heavier hydrocarbon streams can endure temperatures as high as 2800 degrees Celsius.

Furthermore, due to high product pricing, companies are increasing their refinery margins. Captive raw material supply has given fully integrated market companies such as Sumitomo Chemical Company, Phillips 66, and Mitsubishi Chemical Corp. a competitive advantage, especially during price changes.

  • ICC, International Ltd. stated in November 2021 that it has finalised the previously announced acquisition agreement with Seadrift Coke L.P, the world’s second-largest producer of petro needle coke, and C/G Electrodes LLC (C/G), a US-based graphite electrode maker.

                                                                                                                              

Essential Takeaways from the Needle Coke Market Insights Report

  • Comparison of prominent players operating in the Needle Coke Market Insights.
  • Recent developments and key strategies adopted by Needle Coke Market players.
  • Study of the micro and macro-economic growth indicators.
  • Impact of the various factors on the value chain of the Needle Coke Market Insights.
  • Growth opportunities for emerging market players in various regional markets.
  • Current trends influencing the scenario of the Needle Coke Market Insights.

Important queries related to the Needle Coke Market Insights addressed in the report:

  1. Who are the most prominent players in the Needle Coke Market Insights?
  2. What are the factors that are likely to hinder the growth of the Needle Coke Market Insights during the forecast period?
  3. Why is the concentration of tier-1 companies high in specific region?
  4. How are the soaring prices of raw materials impacting the demand for Needle Coke Market?
  5. Why are Needle Coke Market players eyeing opportunities in particular region?

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