Petroleum Coke Market Report Overview:
Petroleum Coke market size was valued at US $28.72 Billion in 2022 and the Petroleum Coke market revenue is expected to grow at 7.62% through 2023 to 2029, reaching nearly US $48.02 Billion. The report analyzes Petroleum Coke market dynamics by region, and end-user industries.
The Petroleum Coke market has been forecasted by region, type, and application, with sales and revenue. The Petroleum Coke market research highlights the market share, main suppliers, distributors, changing price patterns, and the raw material supply chain. The market report gives companies deep insights into the global Petroleum Coke industry dynamics.
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Petroleum Coke Market Scope and Research Methodology
The report majorly focuses on the Petroleum Coke market dynamics including drivers, restraints, challenges and opportunities. This information on the market dynamics is provided region-wise and segment-wise in the Petroleum Coke market report, which makes it an investor’s guide. Data was collected for the report by using primary and secondary research methods, which were combined to make the Petroleum Coke market report error-free and authentic. After determining the total market size, the market was divided into various segments and sub-segments and the segments were verified through primary research by conducting in-depth interviews with the individuals holding influential positions in the Petroleum Coke industry. The bottom-up approach was used to estimate the regional and global Petroleum Coke market size. By using Secondary research, major Petroleum Coke key players in the industry were identified and their revenues were determined through primary and secondary research. The secondary research includes data collection from official databases of various organizations and government sites, industry journals, white papers, annual reports and suppliers in the Petroleum Coke industry along with paid and free databases, while primary research includes in-depth interviews with opinion leaders and industry experts.
Petroleum Coke Market Segmentation:
The fuel grade coke segment was dominant in 2020, accounting for xx% of the total petroleum coke market. Fuel-grade coke is either sponge coke or shot coke in structure. While oil refineries have been producing coke for over a century, the mechanisms that allow sponge coke or shot coke to form are poorly understood and difficult to forecast.
Lower temperatures and higher pressures promote the development of sponge coke in general. Though its high heat and low ash content make it a good fuel for power generation in coal-fired boilers, petroleum coke has a high Sulphur content and a low volatile composition, causing environmental and technical issues during combustion.
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Petroleum Coke Market Key Players:
China National Offshore Oil Corporation (China)
Essar Oil Corporation (India)
Indian Oil Corporation Limited (India)
Mitsubishi Corporation (Japan)
Sinopec (China)
British Petroleum (United Kingdom)
Nippon Coke and Engineering (Japan)
Shell Petroleum (United Kingdom)
Atha Group (India)
Aluminum Bahrain (Bahrain)
Carbograf (Mexico)
Petroleum Coke Market Regional Analysis:
The Petroleum Coke market report is segmented into key regions, such as North America, Asia Pacific, Europe, Middle East and Africa, and South America. Furthermore, the report includes market size, CAGR, import and export, and country-level analysis, integrating the demand and supply forces of the Petroleum Coke market in these countries.
Key Questions answered in the Petroleum Coke Market Report are:
Key Offerings:
About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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