Needle Coke Market Companies, Share, Forecast, Overview and Analysis by 2028

The global Needle Coke Market is forecasted to be worth USD 5.88 Billion by 2027, according to a current analysis by Emergen Research. The demand for needle coke is growing due to the production of graphite electrodes for the steel industry. These electrodes are also used to scrap substitute and melt steel scrap. It is also employed in the manufacture of synthetic graphite other applications, including anode material for lithium-ion batteries that are used in an electric vehicle. Graphite is the largest input material in lithium-ion batteries by volume. The Tesla Model S contains up to 85kg of graphite.

The report provides detailed insights into Needle Coke market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Needle Coke market size over the forecast period, 2020–2028. The report includes profiles of major Needle Coke players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Needle Coke market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.

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Global Needle Coke market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Needle Coke market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Needle Coke market.

The surge in energy vehicles increases the consumption of needle coke in electric vehicles. The rise in demand for steel recycling is assumed to augment market growth in the coming years. Volatility in the global natural gas and crude oil due to the demand and supply fluctuations will limit market growth. There is also a growing demand for the needle coke product from various end-use industries like construction and oil and gas. It acts as a raw material in steel recycling and application in engineering, automobile, and aerospace.

In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Needle Coke market share contribution of these countries. In addition, Needle Coke market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Top key vendors in Needle Coke Market include are:

Key participants include Mitsubishi Chemical Corporation, Phillips 66, Graftech International, Indian Oil Corporation Limited, Sumitomo Chemical Company, Sojitz Ject Corporation, China National Petroleum Corporation, Baosteel Group, Asbury Carbon Inc., and Graphite India Limited, among others.

For the purpose of this report, Emergen Research has segmented into the global Needle Coke Market on the basis of product type, grade, application, and region:

Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Coal-Based Needle Coke
- Petroleum-Based Needle Coke

Grade Outlook (Revenue, USD Billion; 2017-2027)
- Super-Premium Grade
- Premium Grade
- Intermediate-Premium Grade

Application Outlook (Revenue, USD Billion; 2017-2027)
- Electrodes
- Silicon Metal Ferroalloys
- Carbon Black
- Rubber Compounds
- Others

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In terms of Needle Coke market share and revenue contribution to the global Needle Coke market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Needle Coke market share.

The market intelligence report on the Needle Coke Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

Region wise performance of the Needle Coke industry

North America Needle Coke market revenue growth was relatively higher than that of other regional markets in 2020. North America Needle Coke market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.

Asia Pacific Needle Coke market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Needle Coke market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Needle Coke market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.

Europe Needle Coke market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/242

The research provides answers to the following key questions:

What will be the growth rate and the market size of the Needle Coke industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Needle Coke market across different regions?
Who are the major driving forces expected to decide the fate of the Needle Coke industry worldwide?
Who are the prominent market players making a mark in the Needle Coke market with their winning strategies?
Which Needle Coke industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Needle Coke market?

Table of Content

Chapter 1. Methodology Sources

1.1. Needle Coke Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Needle Coke Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028