Needle Coke Market

Needle Coke Market Analysis By Type (Petroleum-derived Needle Coke & Coal Tar Pitch-derived Needle Coke) By Grade (Intermediate Premium Needle Coke, Base Premium Needle Coke & Super Premium Needle Coke) By Application & Region – Global Insights 2022 to 2032

Analysis of Needle Coke market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Needle Coke Market Outlook (2022 to 2032)

The global needle coke market size to expand at a CAGR of 3.7% and will reach a valuation of US$ 5.86 billion by the end of 2032 fro US$ 4.07 billion in 2022.

The U.S. accounts for 91.4% of the North American market share, which is the largest market in the world, mainly on the back of technological advancements and high consumption of needle coke by the steel and aluminium industry.

Report Attributes Details
Needle Coke Market Size (2021A) US$ 4 Billion
Estimated Market Value (2022E) US$ 4.07 Billion
Forecasted Market Value (2032F) US$ 5.86 Billion
Global Market Growth Rate (2022 to 2032) 3.7% CAGR
North America Market Size (2021) US$ 1.4 Billion
North America Growth Rate (2022 to 2032) 4% CAGR
U.S. Market Growth Rate (2022 to 2032) 3.9% CAGR
Key Companies Profiled Mitsubishi Chemical Holding Corporation; Indian Oil Corporation; Phillips 66; JXTG Holdings Inc.; Seadrift Coke L.P.; C-Chem Co., LTD; Petroleum Coke Industries Company K.S.C; Baotailong New Material Co., Ltd.; Bao-steel Group; Sinopec Shanghai Petrochemical Company Limited; Shanxi Hongte Coal Chemical Co Ltd; Sinosteel Anshan Research Institute of Thermo-Energy Co.; Petrochina International Jinzhou Petrochemical Co., Ltd; Shijiazhuang Deli Chemical Co.; Petrocokes Japan Ltd.

Needle cocaine is often referred to as acicular cocaine. It is a highly crystalline petroleum coke used in the production of needle coke electrodes for the aluminium and steel sectors. Needle coke electrodes are valuable as they need to be replaced regularly.

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Worldwide Needle Coke Consumption Analysis (2017 to 2021) Vs. Market Forecast Outlook (2022 to 2032)

Needle coke is the primary raw ingredient used in the aluminium and steel business to make graphite electrodes from arc furnaces. It is a particular type of coke with remarkable structural properties, high electrical resistance, oxidizability, thermal expansion coefficient (CTE), and high-temperature resistance.

Needle coke counts for more than 40% of the raw material costs in the production of graphite electrodes.

In 2017, the needle coke market size was valued at US$ 3.54 billion and increased to US$ 4 billion at the end of 2021 expanding at 2.8% CAGR.

Based on type, petroleum-derived needle coke accounted for 56.4% market share at the end of 2021, while coal tar pitch-derived needle coke accounted for the rest.

Where there was an increase in sales in 2018, demand started decreasing from 2019-end due to the outspread of COVID-19 as business cycles were affected.

The global needle coke market is expected to expand at 3.7% CAGR and reach US$ 5.86 billion in valuation by the year 2032.

Because of favourable government policies, fluctuating gas costs, and increased consumer awareness of the need to decrease carbon emissions, the hybrid electric vehicles business has rapid expansion in recent years. This has contributed to a large increase in needle coke demand as well, as it is extensively utilized in the production of synthetic graphite, which is used to make lithium-ion batteries for electric vehicles.

Which Market Opportunities Will Help Needle Coke Producers Increase their Revenue Growth?

“Rising Trend of Electric Vehicles to Drive Consumption of Needle Coke in Batteries”

Electric vehicle adoption was low; although, due to the implementation of many policies to minimise carbon and other emissions, the craze of buying a hybrid electric car is projected to gain traction over the next decade.

This shift in inclination toward hybrid electric vehicles is expected to have a substantial impact on the needle coke industry.

Needle coke can be produced by several methods. Due to the abundance of scrap, steel manufacturing using the electric arc furnace process has increased dramatically in developed countries across Europe and America.

In India, the electric arc furnace technique holds for over 60% of steel production, whereas in the Middle East, the electric arc furnace technique holds for over 90% of steel production. These reasons have resulted in substantial market sales of needle cokes in these furnaces.

“Investments in R&D & Strategic Collaborations”

The needle coke market sales growth will be boosted by changes in the business environment created by rapid technological advancements. A growing number of R&D activities will also help to moderate the market's growth rate.

Furthermore, an increase in strategic partnerships and emerging new marketplaces will function as market drivers, enhancing the industry's growth rate.

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Which Regional Markets Should Needle Coke Producers Focus On?

“Economic Changes, Technological Advancements, & High Demand from Steel Industry in North America”

The North America needle coke market is expected to account for 35.2% of the global market share. The market for North America is predicted to enjoy a valuation of US$ 1.43 billion in 2022, and further is expected to reach a valuation of US$ 2.12 billion by the year 2032.

Recovery of the North American economy, as well as the expansion of several important end-use industries, is expected to continue to be macro-driving variables for steel production in the economy. The introduction of revolutionary technologies such as the electric-arc furnace (EAF) has accelerated the rise of mini-mills, which boosts demand for needle cokes.

Sales of needle coke in the Europe market are expected to expand at a CAGR of 3.4% from 2022 to 2032. The Europe needle coke market is set to enjoy a valuation of US$ 1 billion in 2022 and reach US$ 1.39 billion by 2032.

Currently, the Latin American and MEA regional markets are expected to account for 7.2% and 4.2% of the global market share respectively. The market growth is slightly lower than other regions but is expected to expand at a healthy rate during the forecast period.

The Asia Pacific region is expected to emerge as a leading market for needle coke and is expected to account for 28.7% of the global market share in 2022. Emerging economies of the APAC region are boosting market sales growth. China is the biggest producer and supplier of needle cokes.

Country-wise Insights

How is Demand for Needle Coke Evolving across the U.S.?

“Technological Developments Aiding Growth in Demand for Needle Cokes”

The United States market for needle coke is set to enjoy a valuation of US$ 1.31 billion in 2022, and further expand at a CAGR of 3.9% to reach US$ 1.92 billion by the year 2032.

The U.S. needle coke market is expected to account for 90.8% of the North America Market share, in 2032. The presence of key market players and technological advancements are likely to boost needle coke sales in the U.S.

Which Country Leads the Asia Pacific Needle Coke Market?

“High Consumption & Production of Needle Coke in China”

The China needle coke market is currently valued at around US$ 506.7 million, and is anticipated to progress at a CAGR of 4.8% to reach US$ 800 million by 2032. China is the world's largest manufacturer and user of needle cokes.

In the worldwide context, China has the greatest share of consumption and manufacturing capacity of graphite electrodes, indicating the potential for steel production in the country and indicating the market demand throughout the projection period.

Furthermore, China's government is concentrating on developing environmentally friendly steel production methods. A new electric arc furnace capacity of several hundred thousand metric tonnes is already in the works. Electric arc furnaces currently produce around 20% of the steel produced in the country.

Know thy Competitors

Competitive landscape highlights only certain players
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Category-wise Insights

Which Needle Grade Coke is Expected to Be Highly Adopted?

“Super Premium Grade Needle Coke Preferred Due to its Low Sulphur Level & Remarkable Inherent Qualities”

Needle grade coke is segmented into intermediate premium, base premium, and super premium types. Currently, the intermediate premium segment is likely to hold 52.7% of the global market share.

While base premium and super premium segments are expected to account for 28.7% and 18.6% of the global market share respectively, in2022.

Because of its low sulphur level and remarkable inherent characteristics, the super premium grade is commonly used in steel and carbon applications.

The super premium grade has a low coefficient of thermal expansion (CTE) rate, a low puffing rate, and a big particle size, allowing for a 5% increase in steel recycling productivity. These are also the finest grades used in the production of ultra-high power (UHP) graphite electrodes of greater quality.

Which Needle Coke Application is Most Lucrative for Market Players?

“Needle Coke Graphite Electrodes Highly Demanded over Needle Coke Lithium-ion Batteries”

Based on application the needle coke market is segmented into graphite electrodes, lithium-ion batteries, and other applications. Currently, graphite electrodes are expected to account for 54.8% of the global market share.

Needle coke graphite has several qualities, including strong thermal conductivity and heat resistance. It is utilised in tough environments, such as high-temperature environments, and as a result, low thermal expansion coefficients are sought, making it excellent for use as a primary heat source in electric arc furnaces.

At present, needle coke lithium-ion batteries are likely to hold 29.3% of the global market share. Due to consumer demand for natural graphite electrodes over a synthetic product in lithium-ion batteries, needle coke lithium-ion batteries are predicted to expand at a high rate.

One of the major factors driving sales of lithium-ion batteries is the growing popularity of smartphones and other wearable gadgets in the needle coke market.

The other applications are expected to hold 15.9% of the global market share, in 2022.

Why is Petroleum-derived Needle Coke More in Demand than Coal-tar Pitch Needle Coke?

“High Consumption of Petroleum-derived Needle Coke in Steel Industry”

In 2022, petroleum-derived and coal tar pitch-derived needle coke segments are expected to account for 56.5% and 43.5% of the global market share respectively.

The steel industry's demand for synthetic graphite electrodes for Electric Arc Furnaces (EAFs) and lithium-ion battery anode material is driving the demand for petroleum-derived needle cokes.

Coal-tar pitch needle coke is made from coal tar, a by-product of the coke-making process. Because of its good physical-chemical qualities, refined coal-tar needle pitch coke is regarded as a viable material for the manufacturing of needle coke.

Production of needle coke from coal tar pitches has an advantage over petroleum coke in that it is more fragrant and has fewer adverse effects. Needle coke made from coal-based feedstock could outperform needle coke made from petroleum-based feedstock with suitable industrial treatment.

The petroleum needle coke market is expanding rapidly due to its high demand from the steel and aluminium sector for the production of electrodes and they are highly valuable because the electrodes must be changed on regular basis.

Competitive Landscape

Market participants are increasingly investing in research and development activities to create needle coke from low-value heavier hydrocarbon streams that do not require any considerable feed pre-treatment. Needle coke made from low-value heavier hydrocarbon streams can endure temperatures as high as 2800 degrees Celsius.

Furthermore, due to high product pricing, companies are increasing their refinery margins. Captive raw material supply has given fully integrated market companies such as Sumitomo Chemical Company, Phillips 66, and Mitsubishi Chemical Corp. a competitive advantage, especially during price changes.

  • ICC, International Ltd. stated in November 2021 that it has finalised the previously announced acquisition agreement with Seadrift Coke L.P, the world's second-largest producer of petro needle coke, and C/G Electrodes LLC (C/G), a US-based graphite electrode maker.

Key Segments Covered in Needle Coke Industry Research

  • Needle Coke Market by Type :

    • Petroleum-derived Needle Coke
    • Coal Tar Pitch-derived Needle Coke
  • Needle Coke Market by Grade :

    • Intermediate Premium Needle Coke
    • Base Premium Needle Coke
    • Super Premium Needle Coke
  • Needle Coke Market by Application :

    • Graphite Electrodes
    • Lithium-ion Batteries
    • Other Applications
  • Needle Coke Market by Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

Table of Content

  • 1. Global Market - Executive Summary
  • 2. Global Market Overview
  • 3. Market Risks and Trends Assessment
  • 4. Market Background and Foundation Data Points
  • 5. Global Market Demand (US$ Mn) Analysis 2017 to 2021 and Forecast, 2022 to 2032
  • 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type
    • 6.1. Petroleum-derived
    • 6.2. Coal Tar Pitch-derived
  • 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Grade
    • 7.1. Intermediate Premium
    • 7.2. Base Premium
    • 7.3. Super Premium
  • 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Application
    • 8.1. Graphite Electrodes
    • 8.2. Lithium-ion Batteries
    • 8.3. Other Applications
  • 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
    • 9.1. North America
    • 9.2. Latin America
    • 9.3. Europe
    • 9.4. East Asia
    • 9.5. South Asia & Oceania
    • 9.6. Middle East and Africa (MEA)
  • 10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 13. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 14. South Asia & Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 15. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 16. Market Structure Analysis
  • 17. Competition Analysis
    • 17.1. Mitsubishi Chemical Holding Corporation
    • 17.2. Indian Oil Corporation
    • 17.3. Phillips 66
    • 17.4. JXTG Holdings Inc.
    • 17.5. Seadrift Coke L.P.
    • 17.6. C-Chem Co., LTD
    • 17.7. Petroleum Coke Industries Company K.S.C
    • 17.8. Baotailong New Material Co., Ltd.
    • 17.9. Bao-steel Group
    • 17.10. Sinopec Shanghai Petrochemical Company Limited
    • 17.11. Shanxi Hongte Coal Chemical Co Ltd
    • 17.12. Sinosteel Anshan Research Institute of Thermo-Energy Co.
    • 17.13. Petrochina International Jinzhou Petrochemical Co., Ltd
    • 17.14. Shijiazhuang Deli Chemical Co.
    • 17.15. Petrocokes Japan Ltd.
  • 18. Assumptions and Acronyms Used
  • 19. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 04: Global Market Value (US$ Mn) Analysis, by Grade, 2017 to 2021

Table 05: Global Market Value (US$ Mn) Analysis, by Grade, 2022 to 2032

Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Grade, 2022 to 2032

Table 07: Global Market Value (US$ Mn) Analysis, by Application, 2017 to 2021

Table 08: Global Market Value (US$ Mn) Analysis, by Application, 2022 to 2032

Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032

Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2017 to 2021

Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2022 to 2032

Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2022 to 2032

Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2017 to 2021

Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2022 to 2032

Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032

Table 16: North America Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 17: North America Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 19: North America Market Value (US$ Mn) Analysis, by Grade, 2017 to 2021

Table 20: North America Market Value (US$ Mn) Analysis, by Grade, 2022 to 2032

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Grade, 2022 to 2032

Table 22: North America Market Value (US$ Mn) Analysis, by Application, 2017 to 2021

Table 23: North America Market Value (US$ Mn) Analysis, by Application, 2022 to 2032

Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032

Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2017 to 2021

Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2022 to 2032

Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032

Table 28: Latin America Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 29: Latin America Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 31: Latin America Market Value (US$ Mn) Analysis, by Grade, 2017 to 2021

Table 32: Latin America Market Value (US$ Mn) Analysis, by Grade, 2022 to 2032

Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Grade, 2022 to 2032

Table 34: Latin America Market Value (US$ Mn) Analysis, by Application, 2017 to 2021

Table 35: Latin America Market Value (US$ Mn) Analysis, by Application, 2022 to 2032

Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032

Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2017 to 2021

Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2022 to 2032

Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032

Table 40: Europe Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 41: Europe Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 43: Europe Market Value (US$ Mn) Analysis, by Grade, 2017 to 2021

Table 44: Europe Market Value (US$ Mn) Analysis, by Grade, 2022 to 2032

Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Grade, 2022 to 2032

Table 46: Europe Market Value (US$ Mn) Analysis, by Application, 2017 to 2021

Table 47: Europe Market Value (US$ Mn) Analysis, by Application, 2022 to 2032

Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032

Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2017 to 2021

Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2022 to 2032

Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032

Table 52: East Asia Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 53: East Asia Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 55: East Asia Market Value (US$ Mn) Analysis, by Grade, 2017 to 2021

Table 56: East Asia Market Value (US$ Mn) Analysis, by Grade, 2022 to 2032

Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Grade, 2022 to 2032

Table 58: East Asia Market Value (US$ Mn) Analysis, by Application, 2017 to 2021

Table 59: East Asia Market Value (US$ Mn) Analysis, by Application, 2022 to 2032

Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032

Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2017 to 2021

Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2022 to 2032

Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032

Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Grade, 2017 to 2021

Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Grade, 2022 to 2032

Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Grade, 2022 to 2032

Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2017 to 2021

Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2022 to 2032

Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032

Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2017 to 2021

Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2022 to 2032

Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2032

Table 76: MEA Market Value (US$ Mn) Analysis, by Type, 2017 to 2021

Table 77: MEA Market Value (US$ Mn) Analysis, by Type, 2022 to 2032

Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2022 to 2032

Table 79: MEA Market Value (US$ Mn) Analysis, by Grade, 2017 to 2021

Table 80: MEA Market Value (US$ Mn) Analysis, by Grade, 2022 to 2032

Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Grade, 2022 to 2032

Table 82: MEA Market Value (US$ Mn) Analysis, by Application, 2017 to 2021

Table 83: MEA Market Value (US$ Mn) Analysis, by Application, 2022 to 2032

Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2032

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List Of Figures

Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2017 to 2032

Figure 04: Global Market Incremental $ Opportunity, 2022 to 2032

Figure 05: Global Market Share and BPS Analysis by Type, 2022 & 2032

Figure 06: Global Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 07: Global Market Attractiveness Analysis by Type, 2022 to 2032

Figure 08: Global Market Share and BPS Analysis by Grade, 2022 & 2032

Figure 09: Global Market Y-o-Y Growth Projections by Grade, 2022 to 2032

Figure 10: Global Market Attractiveness Analysis by Grade, 2022 to 2032

Figure 11: Global Market Share and BPS Analysis by Application, 2022 & 2032

Figure 12: Global Market Y-o-Y Growth Projections by Application, 2022 to 2032

Figure 13: Global Market Attractiveness Analysis by Application, 2022 to 2032

Figure 14: Global Market Share and BPS Analysis by Region, 2022 & 2032

Figure 15: Global Market Y-o-Y Growth Projections by Region, 2022 to 2032

Figure 16: Global Market Attractiveness Analysis by Region, 2022 to 2032

Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2032

Figure 20: North America Market Incremental $ Opportunity, 2022 to 2032

Figure 21: North America Market Share Analysis by Country, 2022 & 2032

Figure 22: North America Market Y-o-Y Growth Projection by Country, 2022 to 2032

Figure 23: North America Market Attractiveness Analysis by Country, 2022 to 2032

Figure 24: North America Market Share and BPS Analysis by Type, 2022 & 2032

Figure 25: North America Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 26: North America Market Attractiveness Analysis by Type, 2022 to 2032

Figure 27: North America Market Share and BPS Analysis by Grade, 2022 & 2032

Figure 28: North America Market Y-o-Y Growth Projections by Grade, 2022 to 2032

Figure 29: North America Market Attractiveness Analysis by Grade, 2022 to 2032

Figure 30: North America Market Share and BPS Analysis by Application, 2022 & 2032

Figure 31: North America Market Y-o-Y Growth Projections by Application, 2022 to 2032

Figure 32: North America Market Attractiveness Analysis by Application, 2022 to 2032

Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2017 to 2032

Figure 36: Latin America Market Incremental $ Opportunity, 2022 to 2032

Figure 37: Latin America Market Share Analysis by Country, 2022 & 2032

Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2022 to 2032

Figure 39: Latin America Market Attractiveness Analysis by Country, 2022 to 2032

Figure 40: Latin America Market Share and BPS Analysis by Type, 2022 & 2032

Figure 41: Latin America Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 42: Latin America Market Attractiveness Analysis by Type, 2022 to 2032

Figure 43: Latin America Market Share and BPS Analysis by Grade, 2022 & 2032

Figure 44: Latin America Market Y-o-Y Growth Projections by Grade, 2022 to 2032

Figure 45: Latin America Market Attractiveness Analysis by Grade, 2022 to 2032

Figure 46: Latin America Market Share and BPS Analysis by Application, 2022 & 2032

Figure 47: Latin America Market Y-o-Y Growth Projections by Application, 2022 to 2032

Figure 48: Latin America Market Attractiveness Analysis by Application, 2022 to 2032

Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2017 to 2032

Figure 52: Europe Market Incremental $ Opportunity, 2022 to 2032

Figure 53: Europe Market Share Analysis by Country, 2022 & 2032

Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2022 to 2032

Figure 55: Europe Market Attractiveness Analysis by Country, 2022 to 2032

Figure 56: Europe Market Share and BPS Analysis by Type, 2022 & 2032

Figure 57: Europe Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 58: Europe Market Attractiveness Analysis by Type, 2022 to 2032

Figure 59: Europe Market Share and BPS Analysis by Grade, 2022 & 2032

Figure 60: Europe Market Y-o-Y Growth Projections by Grade, 2022 to 2032

Figure 61: Europe Market Attractiveness Analysis by Grade, 2022 to 2032

Figure 62: Europe Market Share and BPS Analysis by Application, 2022 & 2032

Figure 63: Europe Market Y-o-Y Growth Projections by Application, 2022 to 2032

Figure 64: Europe Market Attractiveness Analysis by Application, 2022 to 2032

Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2017 to 2032

Figure 68: East Asia Market Incremental $ Opportunity, 2022 to 2032

Figure 69: East Asia Market Share Analysis by Country, 2022 & 2032

Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2022 to 2032

Figure 71: East Asia Market Attractiveness Analysis by Country, 2022 to 2032

Figure 72: East Asia Market Share and BPS Analysis by Type, 2022 & 2032

Figure 73: East Asia Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 74: East Asia Market Attractiveness Analysis by Type, 2022 to 2032

Figure 75: East Asia Market Share and BPS Analysis by Grade, 2022 & 2032

Figure 76: East Asia Market Y-o-Y Growth Projections by Grade, 2022 to 2032

Figure 77: East Asia Market Attractiveness Analysis by Grade, 2022 to 2032

Figure 78: East Asia Market Share and BPS Analysis by Application, 2022 & 2032

Figure 79: East Asia Market Y-o-Y Growth Projections by Application, 2022 to 2032

Figure 80: East Asia Market Attractiveness Analysis by Application, 2022 to 2032

Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2017 to 2032

Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2022 to 2032

Figure 85: South Asia & Oceania Market Share Analysis by Country, 2022 & 2032

Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2022 to 2032

Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032

Figure 88: South Asia & Oceania Market Share and BPS Analysis by Type, 2022 & 2032

Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 90: South Asia & Oceania Market Attractiveness Analysis by Type, 2022 to 2032

Figure 91: South Asia & Oceania Market Share and BPS Analysis by Grade, 2022 & 2032

Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Grade, 2022 to 2032

Figure 93: South Asia & Oceania Market Attractiveness Analysis by Grade, 2022 to 2032

Figure 94: South Asia & Oceania Market Share and BPS Analysis by Application, 2022 & 2032

Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2022 to 2032

Figure 96: South Asia & Oceania Market Attractiveness Analysis by Application, 2022 to 2032

Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2017 to 2021

Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2022 to 2032

Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2017 to 2032

Figure 100: MEA Market Incremental $ Opportunity, 2022 to 2032

Figure 101: MEA Market Share Analysis by Country, 2022 & 2032

Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2022 to 2032

Figure 103: MEA Market Attractiveness Analysis by Country, 2022 to 2032

Figure 104: MEA Market Share and BPS Analysis by Type, 2022 & 2032

Figure 105: MEA Market Y-o-Y Growth Projections by Type, 2022 to 2032

Figure 106: MEA Market Attractiveness Analysis by Type, 2022 to 2032

Figure 107: MEA Market Share and BPS Analysis by Grade, 2022 & 2032

Figure 108: MEA Market Y-o-Y Growth Projections by Grade, 2022 to 2032

Figure 109: MEA Market Attractiveness Analysis by Grade, 2022 to 2032

Figure 110: MEA Market Share and BPS Analysis by Application, 2022 & 2032

Figure 111: MEA Market Y-o-Y Growth Projections by Application, 2022 to 2032

Figure 112: MEA Market Attractiveness Analysis by Application, 2022 to 2032

Know thy Competitors

Competitive landscape highlights only certain players
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- FAQs -

How big is the global needle coke market expected to be?

By 2032, the global needle coke market is predicted to reach US$ 5.86 billion.

What is the expected CAGR of Needle Coke Market in 2022 to 2032?

Global needle coke sales are estimated to increase at a CAGR of 3.7% from 2022 to 2032.

What market share is held by graphite electrodes?

Graphite electrodes hold 54.8% share in the global market.

What market share is held by petroleum-derived needle coke?

Petroleum-derived needle coke accounts for 56.5% of the global market share.

Needle Coke Market

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