Research Nester published a report titled “Needle Coke Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global needle coke market in terms of market segmentation by source, grade, application, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global needle coke market is projected to grow at a CAGR of ~14% over the forecast period, i.e., 2022 – 2030. The market is segmented by application into graphite electrodes, lithium-ion batteries, steel plants and others, out of which, the lithium-ion batteries segment is anticipated to garner the largest revenue share over the forecast period. The growing demand for electric vehicle, backed by rising environmental awareness amongst the people, is estimated to account for the growth of the segment. According to the data by the International Energy Agency (IEA), 2.1 million electric cars were sold in 2019.
The market is estimated to grow on the back of various application of needle coke, including production of steel, lithium-ion batteries, and others. The steel industry is witnessing rapid recovery post the halt caused due to coronavirus outbreak. This is estimated to increase the demand for needle coke significantly, which is estimated to boost the market growth in the upcoming years. Moreover, increasing demand for lithium-ion batteries in the EV industry is estimated to fuel the market growth.
Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-3390
Regionally, the global needle coke market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these, the market in Asia Pacific region is estimated to witness highest CAGR over the forecast period, on the back of presence of major needle coke producing companies in the countries, such as, China and Japan. Moreover, increasing adoption of electric vehicles in this region is also foreseen to boost the regional market growth.
The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.
Increasing Application of Needle Coke to Boost the Market Growth
Needle coke is primarily used as the major heating element in the steel plants, to produce steel. It is also used in the production of lithium-ion batteries. The growth in the applications of needle coke is estimated to boost the market growth.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
Download/Request Sample Copy of Strategic Report: https://www.researchnester.com/sample-request-3390
However, competition from honeycomb coke, and negative impact of COVID-19 are expected to operate as key restraint to the growth of the global needle coke market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global needle coke market which includes company profiling of C-Chem Co., Ltd, Phillips 66 Company, Shandong Yida Rongtong Trading Co., Ltd., Shaanxi Coal and Chemical Industry Group Co., Ltd., Mitsubishi Chemical Holding Corporation, Bao-steel Group, Petrochina International Jinzhou Petrochemical Co., Ltd, Petrocokes Japan Ltd., Indian Oil Corporation Ltd, GrafTech International Holdings Inc. and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global needle coke market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
Contact for more Info:
AJ Daniel
Email: [email protected]
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the needle coke market includes Phillips 66, JXTG Nippon Oil & Energy , C-Chem Co., Ltd. , Shijiazhuang Deli Chemical Co., Ltd., Mitsubishi Chemical Corporation, Seadrift Coke, LP , Sumitomo Corporation, Indian Oil Corporation Ltd., Reliance Industries Ltd., Fangda Carbon New Material Co., Ltd., Shanxi Hongte Coal Chemical Industry, Baotailong New Materials Co., Ltd. and Sinosteel Corporation.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Needle Coke Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/needle-coke-market/download-sampleMarket DynamicsGrowing steel manufacturing industries, especially in the Asia Pacific region along with increasing demand from graphite electrodes, is expected to be the key growth factor.
Robust demand for steel and aluminum from automobiles, heavy equipment, and machinery, aircraft sector is further supporting the market growth.
In addition, superior properties such as low electric resistance, a coefficient of thermal expansion, less breakage and spalling are anticipated to fuel the market over the forecast period.
Whereas, instability in crude oil and natural gas market affects the demand and supply are expected to hamper the market growth.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
The Global Needle Coke Market Report has been recently formulated and added by Emergen Research, which aims to provide insightful data to the readers to help them make informed business decisions.
Conversations with the topic specialists were directed to acquire quantitative and subjective data and approve our statistical surveying discoveries.Notwithstanding, we don't confine our essential meetings just to the business chiefs.
Our group covers the whole worth chain while confirming the information.
The latest things, which incorporate the drivers, limitations, and openings, are additionally inferred through the essential examination measure.
· Which segment and sub-segment are expected to show significant growth during the forecast period?
· What will the market size and growth rate be throughout the forecast period?
Needle Coke Market Overview: The latest research report on the Needle Coke market has been formulated to offer a comprehensive assessment of the economic growth as well as the profitability of the Needle Coke market in light of company performance for the forecast years from 2019 to 2026.Needle Coke Market study provides a meticulous assessment of the industry for the estimation period of 2019–2026.
The market research on Needle Coke is concise, yet it encompasses all critical aspects, which are pivotal and relevant for a customer of the Needle Coke industry.The research study, titled “Needle Coke Market Research Report 2019,” assesses the historical performance and the current standing of the market for an exhaustive understanding, underlining the dynamics of the demand and supply of Needle Coke Market in 2018.The Needle Coke report profiles the key players of the sector to give a clear perspective of the competitive landscape of the Needle Coke Outlook.
It also offers market new product analysis, financial overview, executive strategies, and marketing trends.The needle coke market is projected to grow at a rate of 6.4% in terms of value, from 2020 to reach USD 5.85 Billion by 2027.This report covers the recent COVID-19 incidence and its impact on Needle Coke Market.
The report consists of an in-depth analysis of substantial returns that are estimated to be accumulated at the end of the forecast period.
This report provides insights into a dynamic competitive environment.
Additionally, it also considers the segmentation study provided in the report on the basis of the type of product and application.Executive Summary: It provides a summary of the critical studies, growth rate, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.Production by Region: In this section, the report offers essential information pertaining to import and export, production, revenue, and key players of all regional markets covered in the report.Profile of Manufacturers: Each player profiled in this section is analyzed effectively through SWOT analysis, their products, production, value, capacity, and other vital factors.The objectives of the report are:– To study and forecast the market size of Needle Coke Market against the global landscape.
