Acquire Market Research has published a new report titled Needle Coke Market by Type ( Petroleum-Based, Coal-Based ) and by Application ( Graphite Electrode, Special Carbon Material, Others ): Global Industry Perspective, Comprehensive Analysis, and Forecast 2019-2024.
The report provides insightful details – how clients enhance their basic leadership capacity within the Needle Coke Market business. Utilizing figures and flowcharts are brief in this report, the specialists represented to the analyzed information in a superior acceptable manner. This report identifies that rapidly changing market trends and competitive landscape with growth significant CAGR during Forecast. Along, with latest marketing factors those are essential to monitor market performance and crucial decisions for progress and profitability.
Needle coke is a needle-shaped carbon material. With low electrical resistance, strong shock resistance and good anti-oxidation ability, it can be widely used in ultra-high graphite electrode, nuclear reactor deceleration materials and LIB anode materials. According to different raw material, needle coke can be classified as coal-based and petroleum-based.
According to the raw material difference, needle coke is divided into petroleum-based and coal-based. Phillips 66 is the biggest manufacturer of petroleum-based needle coke with the capacity recording 370 K MT. Sale of Phillips 66 was 313 K MT in 2016. C-Chem is the biggest manufacturer of coal-based needle coke, the capacity of the company has been reached 180 K MT in 2016, with sales of 161 K MT. In 2017, C-Chem sold its China factory to Fangda Carbon.
The needle coke industry is held by UK, USA and Japanese companies. In 2017, Asia Pacific is the largest consumption region, with the consumption amount of 436 K MT. North America is the second largest consumption region, which have two suppliers including Phillips 66 and Seadrift Coke. Major suppliers in Japan include C-Chem, JX Group, Sumitomo Corporation and Mitsubishi Chemical.
China also produces needle coke. Limited by environment pressure, most of China suppliers produce little needle coke. CNPC Jinzhou Petrochemical is an important supplier in China, which sold 50% of its products; another 50% is consumed by itself.
The worldwide market for Needle Coke is expected to grow at a CAGR of roughly 5.0% over the next five years, will reach 4150 million US$ in 2024, from 3240 million US$ in 2019, according to a new study.
This report focuses on the Needle Coke in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
At present, Needle Coke Market focuses on enhancing its global market status with the help of the Phillips 66, C-Chem, Seadrift Coke, JXTG Holdings, Sumitomo Corporation, Mitsubishi Chemical, Indian Oil Company, Shanxi Hongte Coal Chemical, Fangda Carbon, Shanxi Jinzhou Group, CNPC Jinzhou Petrochemical, Shandong Yida New Material, Sinosteel & More.
The Important points which are answered and covered in this Report are-
1. What will be the total market size in the coming years?
2. What will be the key factors which will be overall affecting the industry?
3. What are the various challenges addressed?
4. Which are the major companies included?
Significant Facts around Needle Coke Market Report:
– This study uncovers Needle Coke business summary, items impression, market analysis, distribution networks breakdown, demand, and supply proportion and import/export subtleties.
– The Industry report highlights distinctive methodologies and methodology supported by the Needle Coke market key players to settle on imperative business choices.
– Needle Coke market describes few parameters, for example, production assessment, Needle Coke marketing strategies, Distributors/Traders and impact factors are additionally referenced in this Needle Coke research report.
Needle Coke Market
The Needle Coke Market report gives the locale, current and future financial conditions with the product values, advantages, restraints, generations, supply, request, and market improvement rate and figure, etc. Needle Coke industry report furthermore Presents new errand SWOT examination, hypothesis feasibility examination, and venture return analysis.
In the end, the objective of the market research report is the current status of the market and in accordance classifies it into a few objects. The report takes into consideration the first market players in every area from over the globe.
Thanks for reading this article; you can also get individual chapter wise section or region wise report versions like North America, Europe or Asia