Global Needle Coke Market Size, Trends and Forecasts 2018-2022 with Focus on the Chinese Industry - ResearchAndMarkets.com

DUBLIN--()--The "Global Needle Coke Market: Size, Trends and Forecasts 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Global Needle Coke Market: Size, Trends and Forecasts 2018-2022, provides an in depth analysis of the global needle coke market by value, by production capacity, by applications, by segments, by region, etc. The report also provides a analysis of the China needle coke market by segment and by production capacity.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global needle coke market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The global needle coke market has increased at a significant CAGR during the years 2013-2017 and projections are made that the market would rise in the next four years i.e. 2018-2022 tremendously. The needle coke market is expected to increase due to growth in global GDP, growing needle coke demand in graphite electrodes, rapid growth in electric vehicles production, growing needle coke demand in lithium-ion batteries, etc. Yet the market faces some challenges such as increasing graphite electrodes prices, increasing needle coke prices, slow steel production growth, decline in graphite electrodes capacity, environmental concerns, etc.

The global needle coke industry is generally dominated. Many competitors have established worldwide reputation with the multinational customers while some supply their products to the local customers. The manufacturers of the needle coke market produce different type of needle cokes, some manufacturers produce petroleum-based needle coke while other produce coal-based needle coke.

However, the competition in the global needle coke market is dominated by few needle coke manufacturers supplying needle cokes worldwide. Further, key players of the needle coke market are Phillips 66, Mitsubishi Chemical Holdings Corporation, JXTG Holdings, Inc., Indian Oil Corporation Ltd. are also profiled with their financial information and respective business strategies.

Market Dynamics

Growth Drivers

  • Rising Global GDP
  • Growing Needle Coke Demand for Graphite Electrodes
  • Growing Needle Coke Demand for Lithium-ion Batteries
  • Escalating Electric Vehicles Production
  • Soaring Urban Population

Challenges

  • Increasing Needle Coke Prices
  • Increasing Graphite Electrodes prices
  • Decline in Graphite Electrodes Capacity
  • Slow Steel Production Growth
  • Environmental Concerns

Market Trends

  • Increasing Demand of Petroleum-based Needle Coke
  • Low Electric Resistance
  • Rising China's Exports of Graphite Electrodes

Companies Mentioned

  • Phillips 66
  • Mitsubishi Chemical Holdings Corporation
  • JXTG Holdings, Inc.
  • Indian Oil Corporation Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/882d5p/global_needle?w=4

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Related Topics: Coal

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Coal