Product ID: UCMIG15B2005
Needle Coke Market Size, Share, Growth Analysis, By Product Type(Petroleum-based, Coal-based), By Application(Graphite Electrode, Special Carbon Material), By Region(North America, U.S.) - Industry Forecast 2024-2031
Report ID:
UCMIG15B2005 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Needle Coke Market Insights
Market Overview:
One of the main drivers propelling market revenue development is the rising use of graphite electrodes in the steel sector, particularly in emerging nations, together with strong demand for graphite batteries. Benefits like low porosity, low thermal expansion coefficient, low sulphur content, high conductivity, low metal content, and ease of graphitization have increased demand from a variety of end-use industries, including semiconductors, aerospace & military, manufacturing, and others. A significant factor estimated to drive revenue growth of the market over the forecast period is the rising demand for graphite electrodes to power Electric-Arc Furnace (EAF) for steelmaking and for new energy vehicles, which are downstream industries of needle coke and are supported by various national industrial policies as well.
Needle Coke Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
To get more reports on the above market click here to
Get Free Sample
Get Free Sample
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Diversified Chemicals by segment aggregation, the contribution of the Diversified Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Needle Coke Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
