Calcined Petcoke Market: Aluminum industry to boost the market growth

Global Calcined Petcoke Market size was valued at USD 1.71 Bn in 2022 and Calcined Petcoke Market revenue is expected to reach USD 2.44 Bn by 2029, at a CAGR of 5.2% over the forecast period.

Calcined Petcoke Market Overview

Calcined Petcoke is a critical ingredient in the production of aluminum. It is a high-quality carbon material derived from petroleum coke through process called calcination. Calcined Petcoke is created by placing high-quality raw “green” petroleum coke into rotary kilns and is heated to temperature between 1200 to 1350 degree C. It has a sponge-like structure, which is used in making anodes. Calcined Petcoke is black or dark gray hard solid with metallic luster with hydrocarbons, which contain more than 98.5% carbon. It is used steel-making, iron-making, general casting, and other industries, which is expected to boost the Calcined Petcoke Market. Calcined Petcoke Market To know about the Research Methodology :- Request Free Sample Report

Calcined Petcoke Market Dynamics

Growing Demand for Aluminum to boost the market growth The demand for calcined petcoke is related to the aluminum industry, as it is used as a carbon additive in the production of aluminum. The demand for aluminum is expected to grow in the coming years, driven by factors such as increasing urbanization, rising per capita income, and growth in the construction and automotive sectors, and is expected to boost the market growth. Calcined petcoke is used in the steel industry, where it is used as a carbon additive in the manufacturing of steel electrodes and ladle additives. Calcined petcoke is a key ingredient in the production of graphite electrodes used in electric arc furnaces. The demand for graphite electrodes is expected to grow due to the increasing production of steel and other metals, which rely on electric arc furnaces for smelting, which significantly contribute for the growth of market. Calcined petcoke is used as a reducing agent in the chlorination process for the production of titanium dioxide, which is widely used as a white pigment in paints, plastics, and paper. The demand for titanium dioxide is expected to grow due to increasing construction and automotive activities, as well as growth in the packaging industry and is expected to boost the Calcined petcoke Market growth. Governments across the world are implementing regulations to reduce carbon emissions and promote the use of renewable energy sources. These regulations are expected to boost the demand for calcined petcoke, which is seen as a cleaner and more efficient fuel than coal. It is used in the manufacturing of carbon anodes for lithium-ion batteries. The demand for lithium-ion batteries is expected to grow due to the increasing adoption of electric vehicles, energy storage systems, and other applications. Environmental Concerns to restrain the Calcined petcoke market growth The combustion and use of petcoke can contribute to greenhouse gas emissions and air pollution. Increasing environmental concerns and stricter regulations on carbon emissions restrains the calcined petcoke market growth. The price of calcined petcoke is influenced by the price of crude oil, as petroleum coke is a byproduct of the refining process. Fluctuations in crude oil prices impact the cost of production and, the pricing and profitability of calcined petcoke. The availability and quality of petroleum coke feedstock impact the production and supply of calcined petcoke. Changes in crude oil composition and refining processes result in variations in the quality and properties of petcoke, affecting its suitability for calcination, which is expected to limit the Calcined petcoke industry growth. The market faces competition from alternative carbon materials, such as coal, natural graphite, and synthetic graphite. These materials offer similar properties or advantages in certain applications, potentially impacting the demand for calcined petcoke. International trade policies, import/export restrictions, and anti-dumping measures affect the flow of calcined petcoke across different regions. Trade disputes and regulatory barriers limit market growth and disrupt supply chains. The demand for calcined petcoke is linked to industries such as aluminum, steel, and titanium dioxide. Economic downturns, cyclical fluctuations, and changes in industrial production impact the demand for calcined petcoke and limits the Calcined Petcoke Market share. Features of Calcined Petcoke • Elimination of volatile matter and moisture in the raw materials. After the process of calcination, the volatile matter in calcined petcoke is less than 0.5 % and contents moisture less than 0.3%. • The Calcined Petcoke density is above 2.00g/cm3. The density affects the final product and the main manifestation is slag drop. • The resistance of the Calcined petcoke affects the resistivity of the final product.

Calcined Petcoke Market Regional Insight

Asia Pacific, region is expected to dominate the Calcined Petcoke industry over the forecast period. Calcined petcoke price as well as demand for from different countries has increased. In, India the demand for Calcined petcoke has increased due to high demand from cement manufacturing sector and supports the pricing trend throughout the quarter. India is the third largest consumer of energy consumer after China and USA. With a share of 5.8% of the world energy consumption, India energy requirement is fulfilled by Coal, Crude oil. And Renewable energy. The Calcined Petcoke companies in India have invested in 55 overseas assets under 25 countries with investment of USD 36.55 Bn by till 2020. Countries such as India, China, Japan, and Russia are the largest consumer of Calcined Petcoke, which is expected to boost the Calcined petcoke market share. Increased demand for steel and rise in production rate of calcined petcoke is expected to boost the market growth in the region. Socioeconomic changes, infrastructure investment and increased per capita income by the consumers in the region with rising infrastructure investment in India is significantly contributing for the growth of Calcined Petcoke market in the region.

Calcined Petcoke Market Segment Analysis

Based on Type, the market is segmented into Needle Coke, Honeycomb coke, Sponge Coke, and Shot Coke. The needle coke segment is expected to dominate the Calcined Petcoke industry over the forecast period. Calcined needle coke is premium grade, with high value petroleum coke used in various applications including manufacturer of graphite electrodes in steel industry. It is highly crystalline form of carbon and lower in ash constituents than standard calcined petcoke. It is having high degree of liquid crystal alignment the takes place during the coking process. Its high purity, with softer calcined petcoke and significantly contribute for the growth of the Calcined Petcoke market. Sponge coke is coherent, with dull black porous in which the individual spheres are not apparent. They are used to produce pre-baked anode and anode coal paste for electrolytic aluminum used in carbon industry and Silicon used in smelting industry, fuel, etc., which is expected to boost the Sponge coke segment growth over the forecast period. Based on Application, the market is segmented into Fuel, Aluminium, Paint & Coloring, Steel, Brick & Glass, Paper, Fertilizer, Graphite Electrode, and Titanium dioxide. Aluminium and Steel segment is expected to dominate the Calcined petcoke market over the forecast period. Calcined petcoke is important for making of anodes for smelting and is commercially viable method to do so, which is expected to boost the Aluminium segment market growth. Coal is turned into coke to make steel in blast furnace. Calcined petcoke has a dual role in making of steel. It is use as a conductive backfill in ground electrode station and used by steel manufacturers for various carbon and graphite products. Calcined Petcoke Market1 Based on Grade, the market is segmented into Fuel grade and Anode grade. Anode grade segment dominated the market in 2022 and is expected to continue the dominate the market over the forecast period. Anode-grade coke is used in the production of aluminum and it typically low in sulfur and is heavy metal. The anode grade petcoke depends on the amount of volatile matter with sulfur and metals. Lower sulfur and metal content is equal to Anode grade petcoke. Calcined Petcoke Market3

Calcined Petcoke Market Competitive Landscape

Calcined Petcoke key players are spending on Research and development activities to increase the product line. Calcined Petcoke market participants are taking initiatives to growth their footprint worldwide, with development in the market such as new product launch, contractual agreements, and collaboration with organizations to enhance the Calcined Petcoke Market penetration. Competitors in the Calcined Petcoke industry offer cost-effective solutions to expand and survive in the market competition. Calcined Petcoke manufacturers are using tactics to benefit customers with low operating cost. The Calcined Petcoke companies in the market are Maniyar Group of Industries, Metso, BAIYUN CARBON CO. LTD, bp America, The Petro Solutions, Sigma Minerals Ltd., and Vizag Chemical. In July, 2021, Saudi Ma’aden signs deal for Calcined petcoke for an aluminum plant. The contract was worth USD 40 Mn a year, which is the gulfs largest miner to secure 320,000 tons a year of calcined petcoke from domestic sources.Calcined Petcoke Market4

Calcined Petcoke Market Scope: Inquire before buying

Calcined Petcoke Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: USD 1.71Bn
Forecast Period 2023 to 2029 CAGR: 5.2 % Market Size in 2029: USD 2.44 Bn
Segments Covered: by Type • Needle Coke • Honeycomb coke • Sponge Coke • Shot Coke
by Application • Fuel • Aluminium • Paint & Coloring • Steel • Brick & Glass • Paper • Fertilizer • Graphite Electrode • Titanium dioxide
by Grade • Fuel Grade • Anode Grade
by End-User • Aluminium industry • Chemical industry • Machinery industry

Calcined Petcoke Market by Region

• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Calcined Petcoke Key Players include

• India Carbon Limited • Chevron Corporation • Indian Oil Corporation Ltd. • Graphite India Limited • Oxbow Corporation • Hebei Kangnaixing Carbon New Material Co.,Ltd • PHOOLCHAND BHAGATSINGH • Maniyar Group of Industries • Metso • BAIYUN CARBON CO.,LTD • bp America • The Petro Solutions. • Sigma Minerals Ltd., • Vizag Chemical • Linzhang Xinhui Carbon Manufacturing Co., Ltd. • Guru Corporation • Richa Refractories • Petrocoque • The Petro Solutions. • Rain Carbon Inc. • ATHA Group • Advisian • Aminco Resources LLC • Amritesh Industries Pvt. Ltd • M V Coal Corporation • Shri Kalindi Coal Company • Goa Carbon Ltd. • Shandong Keyu Energy Co., Ltd • Sanvira Industries Frequently Asked Questions: 1] What is the growth rate of the Global Calcined Petcoke Market? Ans. The Global Calcined Petcoke Market is growing at a significant rate of 5.2% over the forecast period. 2] Which region is expected to dominate the Global Calcined Petcoke Market? Ans. Asia Pacific region is expected to dominate the Calcined Petcoke Market over the forecast period. 3] What is the expected Global Calcined Petcoke Market size by 2029? Ans. The market size of the Calcined Petcoke Market is expected to reach USD 2.44 Bn by 2029. 4] Who are the top players in the Global Calcined Petcoke Industry? Ans. The major key players in the Global Calcined Petcoke Market are Rain Carbon Inc., ATHA Group, Advisian, Aminco Resources LLC, and Amritesh Industries Pvt. Ltd 5] Which factors are expected to drive the Global Calcined Petcoke Market growth by 2029? Ans. Aluminium and steel industries are is expected to drive the Calcined Petcoke Market growth over the forecast period (2023-2029).
1. Calcined Petcoke Market: Research Methodology 2. Calcined Petcoke Market: Executive Summary 3. Calcined Petcoke Market: Competitive Landscape 3.1. MMR Competition Matrix 3.2. Competitive Landscape 3.3. Key Players Benchmarking 3.4. Market Structure 3.4.1. Market Leaders 3.4.2. Market Followers 3.4.3. Emerging Players 3.5. Consolidation of the Market 4. Calcined Petcoke Market: Dynamics 4.1. Market Trends by region 4.1.1. North America 4.1.2. Europe 4.1.3. Asia Pacific 4.1.4. Middle East and Africa 4.1.5. South America 4.2. Market Drivers by Region 4.2.1. North America 4.2.2. Europe 4.2.3. Asia Pacific 4.2.4. Middle East and Africa 4.2.5. South America 4.3. Market Restraints 4.4. Market Opportunities 4.5. Market Challenges 4.6. PORTER’s Five Forces Analysis 4.7. PESTLE Analysis 4.8. Value Chain Analysis 4.9. Regulatory Landscape by Region 4.9.1. North America 4.9.2. Europe 4.9.3. Asia Pacific 4.9.4. Middle East and Africa 4.9.5. South America 5. Calcined Petcoke Market: Segmentation (by Value USD and Volume Units) 5.1. Calcined Petcoke Market, by Type (2022-2029) 5.1.1. Needle Coke 5.1.2. Honeycomb coke 5.1.3. Sponge Coke 5.1.4. Shot Coke 5.2. Calcined Petcoke Market, by Application (2022-2029) 5.2.1. Fuel 5.2.2. Aluminium 5.2.3. Paint & Coloring 5.2.4. Steel 5.2.5. Brick & Glass 5.2.6. Paper 5.2.7. Fertilizer 5.2.8. Graphite Electrode 5.2.9. Titanium dioxide 5.3. Calcined Petcoke Market, by Grade (2022-2029) 5.3.1. Fuel Grade 5.3.2. Anode Grade 5.4. Calcined Petcoke Market, by End User (2022-2029) 5.4.1. Aluminium industry 5.4.2. Chemical industry 5.4.3. Machinery industry 5.5. Calcined Petcoke Market, by Region (2022-2029) 5.5.1. North America 5.5.2. Europe 5.5.3. Asia Pacific 5.5.4. Middle East and Africa 5.5.5. South America 6. North America Calcined Petcoke Market (by Value USD and Volume Units) 6.1. North America Calcined Petcoke Market, by Type (2022-2029) 6.1.1. Needle Coke 6.1.2. Honeycomb coke 6.1.3. Sponge Coke 6.1.4. Shot Coke 6.2. North America Calcined Petcoke Market, by Application (2022-2029) 6.2.1. Fuel 6.2.2. Aluminium 6.2.3. Paint & Coloring 6.2.4. Steel 6.2.5. Brick & Glass 6.2.6. Paper 6.2.7. Fertilizer 6.2.8. Graphite Electrode 6.2.9. Titanium dioxide 6.3. North America Calcined Petcoke Market, by Grade (2022-2029) 6.3.1. Fuel Grade 6.3.2. Anode Grade 6.4. North America Calcined Petcoke Market, by End User (2022-2029) 6.4.1. Aluminium industry 6.4.2. Chemical industry 6.4.3. Machinery industry 6.5. North America Calcined Petcoke Market, by Country (2022-2029) 6.5.1. United States 6.5.2. Canada 6.5.3. Mexico 7. Europe Calcined Petcoke Market (by Value USD and Volume Units) 7.1. Europe Calcined Petcoke Market, by Type (2022-2029) 7.2. Europe Calcined Petcoke Market, by Application (2022-2029) 7.3. Europe Calcined Petcoke Market, by Grade (2022-2029) 7.4. Europe Calcined Petcoke Market, by End User (2022-2029) 7.5. Europe Calcined Petcoke Market, by Country (2022-2029) 7.5.1. UK 7.5.2. France 7.5.3. Germany 7.5.4. Italy 7.5.5. Spain 7.5.6. Sweden 7.5.7. Austria 7.5.8. Rest of Europe 8. Asia Pacific Calcined Petcoke Market (by Value USD and Volume Units) 8.1. Asia Pacific Calcined Petcoke Market, by Type (2022-2029) 8.2. Asia Pacific Calcined Petcoke Market, by Application (2022-2029) 8.3. Asia Pacific Calcined Petcoke Market, by Grade (2022-2029) 8.4. Asia Pacific Calcined Petcoke Market, by End User (2022-2029) 8.5. Asia Pacific Calcined Petcoke Market, by Country (2022-2029) 8.5.1. China 8.5.2. S Korea 8.5.3. Japan 8.5.4. India 8.5.5. Australia 8.5.6. Indonesia 8.5.7. Malaysia 8.5.8. Vietnam 8.5.9. Taiwan 8.5.10. Bangladesh 8.5.11. Pakistan 8.5.12. Rest of Asia Pacific 9. Middle East and Africa Calcined Petcoke Market (by Value USD and Volume Units) 9.1. Middle East and Africa Calcined Petcoke Market, by Type (2022-2029) 9.2. Middle East and Africa Calcined Petcoke Market, by Application (2022-2029) 9.3. Middle East and Africa Calcined Petcoke Market, by Grade (2022-2029) 9.4. Middle East and Africa Calcined Petcoke Market, by End User (2022-2029) 9.5. Middle East and Africa Calcined Petcoke Market, by Country (2022-2029) 9.5.1. South Africa 9.5.2. GCC 9.5.3. Egypt 9.5.4. Nigeria 9.5.5. Rest of ME&A 10. South America Calcined Petcoke Market (by Value USD and Volume Units) 10.1. South America Calcined Petcoke Market, by Type (2022-2029) 10.2. South America Calcined Petcoke Market, by Application (2022-2029) 10.3. South America Calcined Petcoke Market, by Grade (2022-2029) 10.4. South America Calcined Petcoke Market, by End User (2022-2029) 10.5. South America Calcined Petcoke Market, by Country (2022-2029) 10.5.1. Brazil 10.5.2. Argentina 10.5.3. Rest of South America 11. Company Profile: Key players 11.1. India Carbon Limited 11.1.1. Company Overview 11.1.2. Financial Overview 11.1.3. Business Portfolio 11.1.4. SWOT Analysis 11.1.5. Business Strategy 11.1.6. Recent Developments 11.2. Chevron Corporation 11.3. Indian Oil Corporation Ltd. 11.4. Graphite India Limited 11.5. Oxbow Corporation 11.6. Hebei Kangnaixing Carbon New Material Co., Ltd 11.7. PHOOLCHAND BHAGATSINGH 11.8. Maniyar Group of Industries 11.9. Metso 11.10. BAIYUN CARBON CO.,LTD 11.11. bp America 11.12. The Petro Solutions. 11.13. Sigma Minerals Ltd., 11.14. Vizag Chemical 11.15. Linzhang Xinhui Carbon Manufacturing Co., Ltd. 11.16. Guru Corporation 11.17. Richa Refractories 11.18. Petrocoque 11.19. The Petro Solutions. 11.20. Rain Carbon Inc. 11.21. ATHA Group 11.22. Advisian 11.23. Aminco Resources LLC 11.24. Amritesh Industries Pvt. Ltd 11.25. M V Coal Corporation 11.26. Shri Kalindi Coal Company 11.27. Goa Carbon Ltd. 11.28. Shandong Keyu Energy Co., Ltd 11.29. Sanvira Industries 12. Key Findings 13. Industry Recommendation

About This Report

Report ID 188390
Category Material & Chemical
Published Date May 2023
Updated Date