Industry Background:
Calcined Petroleum Coke is a critical ingredient in the production of aluminium. This is created by placing high quality raw “green” petroleum coke into rotary kilns, where it is heated to a temperature between 1200 to 1350 degrees C. It plays an important role in the making of anodes. The pores allow binding material to penetrate the coke particles and form a solid carbon block. The majority of Oxbow Carbon’s calcined petroleum coke finds its way into the primary aluminium industry and other large segments used in the steel industry.
According to AMA Research, the market for Calcined Petcoke is expected to register a CAGR of 4.9% during the forecast period to 2030. This growth is primarily driven by Increase in Supply of Heavy Crude Oils
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | Million Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Energy & Resources sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Oxbow Corporation (United States), India Carbon Limited (India), AMINCO RESOURCES (United States), IOCL (India), Mangalore Refinery and Petrochemicals (India), Essar (India), Calcined petroleum coke (United States), Graphite India Limited (India), Rain Carbon Inc. (United States) and Maniyar Group of Industries (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On April 5, 2023, Imerys launched a new line of high-purity calcined petroleum coke products for use in the lithium-ion battery market. These new products are designed to meet the demanding requirements of the battery industry and help to improve the performance of lithium-ion batteries.The Global Calcined Petcoke Market Is Highly Competitive And Consists Of Few Major Players. In The Aspect Of Market Share, Some Of The Key Players Presently Dominate The Global Market. Key Vendors With An Eminent Share In The Global Market And Concentrating On Increasing Their Client Base The World. These Market Players Are Leveraging On Strategic Collaborative Creativities To Intensification Their Market Share And Escalation Their Profitability. Key Vendors Operating In The Global Market Are Also Acquiring Start-Ups.
Influencing Trend:
Increase Demand in Industry Segment
Market Growth Drivers:
Increase in Supply of Heavy Crude Oils, High Demand in Refining Industry and High Utilization of Paints
Challenges:
High Cost
Opportunities:
Strong Opportunity in Future Due To High Growth in Construction Industry
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Calcined Petcoke Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Calcined Petcoke Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Calcined Petcoke players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Calcined Petcoke Study Sheds Light on
The Calcined Petcoke Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Calcined Petcoke industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Calcined Petcoke industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.