Market Overview:
The global needle coke market reached a value of US$ 3.76 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.35 Billion by 2027, exhibiting at a CAGR of 5.96% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Needle coke is a specialty grade carbon raw material derived from coal tar pitch, ethylene tar pitch, solvent refined coal, low-sulphur vacuum residues, or petroleum fluidized catalytic cracking (FCC) decant oil. It possesses high strength, electrical conductivity, real and bulk density, while having a low coefficient of thermal expansion (CTE) and heteroatom and ash content. It also exhibits excellent graphitizability on account of its strong parallel orientation of turbostratic layer structure and a particular physical shape of the grains.
Needle Coke Market Trends:
Needle coke is widely used as a carbonaceous filler in the production of graphite electrodes for ultra-high power electric arc furnaces (EAF) in the steel smelting industry. As these electrodes have low resistivity, high mechanical strength, and excellent thermal shock resistance and oxidation resistance, they are extensively utilized to melt scrap substitutes and maintain the temperature of molten steel. Moreover, needle coke finds applications in the manufacturing of synthetic graphite, which is used to make lithium-ion batteries for electric vehicles (EVs). This, in confluence with the escalating demand for EVs worldwide on account of the rising carbon emissions and increasing environmental concerns, is contributing to the market growth. Apart from this, needle coke is employed in the manufacturing of specialty carbon, which is gaining traction in the electronics industry as a viscosity control additive for electromagnetic shielding and a semi-conductive cable compound. In line with this, as specialty carbon has excellent tinting strength and dispersibility, it finds extensive usage in the construction industry. This, coupled with the thriving construction industry due to rapid urbanization and renovation of existing infrastructure, is anticipated to drive the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global needle coke market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, grade, application and end use industry.
Breakup by Type:
- Coal-tar Pitch Derived
- Petroleum Derived
Breakup by Grade:
- Intermediate
- Premium
- Super Premium
Breakup by Application:
- Graphite Electrodes
- Silicon Metal and Ferroalloys
- Lithium-ion Battery
- Carbon Black
- Rubber Compounds
- Others
Breakup by End Use Industry:
- Aluminum and Steel
- Automotive
- Semiconductor
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Asbury Carbons Inc., C-Chem CO. Ltd (Nippon Steel Corporation), ENEOS Holdings Inc., GrafTech International Ltd., Graphite India Limited, HEG Limited, Mitsubishi Chemical Holdings Corporation, Mott Corporation, Phillips 66 Company, Sojitz Corporation, Sumitomo Corporation and Tokai Carbon Co. Ltd.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Type, Grade, Application, End Use Industry, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Asbury Carbons Inc., C-Chem CO. Ltd (Nippon Steel Corporation), ENEOS Holdings Inc., GrafTech International Ltd., Graphite India Limited, HEG Limited, Mitsubishi Chemical Holdings Corporation, Mott Corporation, Phillips 66 Company, Sojitz Corporation, Sumitomo Corporation and Tokai Carbon Co. Ltd. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global needle coke market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global needle coke market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the grade?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global needle coke market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Needle Coke Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Coal-tar Pitch Derived
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Petroleum Derived
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Grade
7.1 Intermediate
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Premium
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Super Premium
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Graphite Electrodes
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Silicon Metal and Ferroalloys
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Lithium-ion Battery
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Carbon Black
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Rubber Compounds
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by End Use Industry
9.1 Aluminum and Steel
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Automotive
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Semiconductor
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Asbury Carbons Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 C-Chem CO. Ltd (Nippon Steel Corporation)
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 ENEOS Holdings Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.4 GrafTech International Ltd.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Graphite India Limited
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6 HEG Limited
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Mitsubishi Chemical Holdings Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Mott Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Phillips 66 Company
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Sojitz Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Sumitomo Corporation
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Tokai Carbon Co. Ltd.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: Needle Coke Market: Major Drivers and Challenges
Figure 2: Global: Needle Coke Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Needle Coke Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Needle Coke Market: Breakup by Type (in %), 2021
Figure 5: Global: Needle Coke Market: Breakup by Grade (in %), 2021
Figure 6: Global: Needle Coke Market: Breakup by Application (in %), 2021
Figure 7: Global: Needle Coke Market: Breakup by End Use Industry (in %), 2021
Figure 8: Global: Needle Coke Market: Breakup by Region (in %), 2021
Figure 9: Global: Needle Coke (Coal-tar Pitch Derived) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Needle Coke (Coal-tar Pitch Derived) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Needle Coke (Petroleum Derived) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Needle Coke (Petroleum Derived) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Needle Coke (Intermediate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Needle Coke (Intermediate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Needle Coke (Premium) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Needle Coke (Premium) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Needle Coke (Super Premium) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Needle Coke (Super Premium) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Needle Coke (Graphite Electrodes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Needle Coke (Graphite Electrodes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Needle Coke (Silicon Metal and Ferroalloys) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Needle Coke (Silicon Metal and Ferroalloys) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Needle Coke (Lithium-ion Battery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Needle Coke (Lithium-ion Battery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Needle Coke (Carbon Black) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Needle Coke (Carbon Black) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Needle Coke (Rubber Compounds) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Needle Coke (Rubber Compounds) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Needle Coke (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Needle Coke (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Needle Coke (Aluminum and Steel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Needle Coke (Aluminum and Steel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Needle Coke (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Needle Coke (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Needle Coke (Semiconductor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Needle Coke (Semiconductor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Needle Coke (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Needle Coke (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: North America: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: North America: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: United States: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: United States: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Canada: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Canada: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Asia-Pacific: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Asia-Pacific: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: China: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: China: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Japan: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Japan: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: India: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: India: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: South Korea: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: South Korea: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Australia: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Australia: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Indonesia: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Indonesia: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Others: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Others: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Europe: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Europe: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Germany: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Germany: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: France: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: France: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: United Kingdom: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: United Kingdom: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Italy: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Italy: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Spain: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Spain: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Russia: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Russia: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Latin America: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Latin America: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Brazil: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Brazil: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Mexico: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Mexico: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Middle East and Africa: Needle Coke Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Middle East and Africa: Needle Coke Market: Breakup by Country (in %), 2021
Figure 87: Middle East and Africa: Needle Coke Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Global: Needle Coke Industry: SWOT Analysis
Figure 89: Global: Needle Coke Industry: Value Chain Analysis
Figure 90: Global: Needle Coke Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Needle Coke Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Needle Coke Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Needle Coke Market Forecast: Breakup by Grade (in Million US$), 2022-2027
Table 4: Global: Needle Coke Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Needle Coke Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 6: Global: Needle Coke Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Needle Coke Market: Competitive Structure
Table 8: Global: Needle Coke Market: Key Players