Global Needle Coke Market to Surpass US$ 6.7 Billion by 2031, Flourishing at a CAGR of 7.07% | Astute Analytica
Robust Growth Fueled by Expanding Production Capacities and Dominant Contributions from China
CHICAGO, UNITED STATES, February 13, 2024 /EINPresswire.com/ -- The global ๐ง๐๐๐๐ฅ๐ ๐๐จ๐ค๐ ๐ฆ๐๐ซ๐ค๐๐ญ, an essential component in the manufacture of graphite electrodes and other high-value carbon products, has been on a significant upward trajectory. ๐๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐$ ๐,๐๐๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, the market is forecasted to exceed a ๐ฏ๐๐ฅ๐ฎ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐$ ๐,๐๐๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, progressing at a ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ง๐ง๐ฎ๐๐ฅ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐๐ญ๐ (๐๐๐๐) ๐จ๐ ๐.๐๐% ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฉ๐๐ซ๐ข๐จ๐ ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.The industry's expansion is highlighted by its massive production capacity, which stood at approximately 3,250 kilotons per annum (kt/a) as of 2021. This scale underscores the critical importance and pervasive impact of needle coke across various high-tech and industrial sectors.
๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐ ๐ข๐ฅ๐@- https://www.astuteanalytica.com/request-sample/needle-coke-market
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
China's role as the preeminent producer of needle coke is unmistakable. With a production capacity of around 2,240kt/a, China accounts for an overwhelming 68.9% of the global output, reinforcing its pivotal position in the international supply chain. This dominance is supported by advanced manufacturing techniques and substantial investments in research and development, ensuring high-quality production that meets the growing demand worldwide.
The report emphasizes the market size, segment size, competitor landscape, recent status, and development trends in the needle coke market. Additionally, it provides a detailed cost analysis and supply chain information.
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
The global needle coke market is expected to witness substantial growth between 2023 and 2031, with a positive outlook for 2022 and beyond. Key players in the industry are adopting effective strategies, which are anticipated to further expand the market and create numerous opportunities for advancement.
By Product Type
Needle Coke
Coal based
Petroleum based
Shaft Calciner
Rotary kiln
Carbon Materials
Graphene
Fullerene
Others (Graphite, Carbon Fibre, Carbon Nanotube, Carbon Black, Activated Carbon and Diamond)
By Grade
Intermediate
Premium
Super Premium
By Application
Graphite Electrodes
Silicon Metal & Ferroalloys
Lithium-Ion Anode
Carbon Black
Rubber compounds
Others
By End User
Automotive
Aluminum & Steel
Semiconductor
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
South Korea
Australia & New Zealand
Rest of APAC
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Argentina
Brazil
Bolivia
Paraguay
Rest of South America
๐๐๐๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ง๐ฏ๐๐ฌ๐ญ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ- https://www.astuteanalytica.com/industry-report/needle-coke-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The report highlights the key players in the needle coke market, offering valuable insights through detailed company profiles. These profiles encompass descriptions, business overviews, revenue insights, gross margins, product offerings, recent developments, historical data, and more.ย
NIPPON STEEL Chemical & Material Co., Ltd.
Mitsubishi Chemical Holdings Corporation
Sumitomo Chemical Co., Ltd.
Asahi Kasei Corporation
Sojitz JECT Corporation
Tokai Carbon Co., Ltd.
Mitsui Chemicals Inc.
Other Prominent Players
๐๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ฌ ๐ฌ๐๐ฏ๐๐ซ๐๐ฅ ๐ซ๐๐๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐ข๐ง๐ฏ๐๐ฌ๐ญ ๐ข๐ง ๐ข๐ญ, ๐ข๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ :
๐๐๐ฏ๐๐ซ๐๐ ๐ข๐ง๐ ๐๐๐ญ๐ ๐ญ๐จ ๐๐ง๐๐จ๐ซ๐ฆ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ก๐จ๐ข๐๐๐ฌ ๐๐ง๐ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:The report offers valuable insights into industry trends, consumer behavior, and competitor analysis, enabling companies to make informed decisions about product development, pricing, and marketing strategies.
๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐๐ญ๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐ฎ๐ฅ๐ญ๐ข๐ฉ๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ๐ฌ:ย By identifying market gaps and opportunities, the report helps companies differentiate themselves from competitors and gain a competitive advantage.
๐๐จ๐ง๐๐ฎ๐๐ญ๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐จ๐ซ๐ฌ: The report provides a thorough understanding of the market and its dynamics, allowing companies to compare and benchmark their performance against key competitors.
๐๐๐ข๐ง๐ข๐ง๐ ๐๐๐๐ฉ๐๐ซ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐จ๐ซ๐ฌ' ๐ ๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐:ย The report offers insights into competitors' financial performance, enabling companies to make informed decisions and minimize risk.
๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ข๐ง๐ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:ย The report provides insights into regional and country-specific strategies for business development, helping companies tailor their approaches to specific markets.
In summary, the Global needle coke market Report 2023 offers a comprehensive analysis of the needle coke market, including market size, segmentation, key players, and growth strategies. It provides valuable insights for businesses to make informed decisions, gain a competitive advantage, and maximize profits.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/needle-coke-market
๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐-
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