What is Global Green Petroleum Coke & Calcined Petroleum Coke Market?
The Global Green Petroleum Coke & Calcined Petroleum Coke Market is a vast and complex industry that is constantly evolving. This market revolves around the production and use of green petroleum coke and calcined petroleum coke, which are key ingredients in the manufacturing of various products. Green petroleum coke is a byproduct of the oil refining process. It is a high carbon content, high calorific value, low ash content, low sulfur content fuel, which is widely used in aluminum smelting, graphite electrode manufacturing, and petrochemical industries. Calcined petroleum coke, on the other hand, is a high purity carbon material produced by heating green petroleum coke to drive off moisture, volatile matter, and impurities and to increase its electrical conductivity. It is used in the production of anodes for the Aluminum Smelting process.
Fuel Grade, Calcined Coke in the Global Green Petroleum Coke & Calcined Petroleum Coke Market:
The Global Green Petroleum Coke & Calcined Petroleum Coke Market is divided into two main segments: Fuel Grade and Calcined Coke. Fuel Grade coke is the largest segment, accounting for about 65% of the market. It is primarily used as a source of energy in various industries. Calcined Coke, on the other hand, is used in the production of titanium dioxide, which is used in paints, varnishes, and other applications. The demand for these products is driven by the growing need for energy and the increasing demand for high-quality materials in various industries.
Cement, Power, Steel, Aluminum, Others in the Global Green Petroleum Coke & Calcined Petroleum Coke Market:
The Global Green Petroleum Coke & Calcined Petroleum Coke Market has a wide range of applications, including in the Cement, Power, Steel, Aluminum, and Other industries. In the Cement industry, it is used as a fuel for the kilns, replacing coal and other fossil fuels. In the Power industry, it is used as a source of energy, providing a reliable and efficient source of power. In the Steel industry, it is used in the production of steel, providing a high-quality material for the manufacturing process. In the Aluminum industry, it is used in the production of aluminum, providing a high-quality material for the manufacturing process. In other industries, it is used in a variety of applications, providing a versatile and reliable material.
Global Green Petroleum Coke & Calcined Petroleum Coke Market Outlook:
The Global Green Petroleum Coke & Calcined Petroleum Coke Market was valued at US$ 30550 million in 2022. It is expected to reach a value of US$ 42580 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period from 2023 to 2029. This growth is driven by the increasing demand for these products in various industries, as well as the growing need for energy and high-quality materials. The top five manufacturers in this market hold a share of about 30%, indicating a high level of competition in the market.
| Report Metric | Details |
| Report Name | Green Petroleum Coke & Calcined Petroleum Coke Market |
| Accounted market size in 2022 | US$ 30550 in million |
| Forecasted market size in 2029 | US$ 42580 million |
| CAGR | 4.8% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Sinopec, Valero, Reliance, Shell, ExxonMobil, CNPC, Chevron, Saudi Aramco, Marathon Petroleum Corporation, Oxbow, RAIN CARBON, PBF Energy, ConocoPhillips, LyondellBasell, BP |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
