The global petroleum coke market is expected to grow from USD 17,921.57 million 2017 to USD 31,934.67 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 8.60%.
“Rapid industrialization has increased the demand for energy consumption
is one of the factors largely attributing to the growth of petroleum coke market globally”
The factors attributing to the growth of the market are rapid industrialization has increased the demand for energy consumption, growing demand for fuel with low ash content and minimal toxicity, rising demand from aluminum and steel industries, and increasing number of government initiatives for sustainable environment. However, some factors such as government regulations pertaining to use of petroleum coke, and adverse environmental impact and health hazards due to higher level of sulphur content may hinder the market growth. The global petroleum coke market is expected to showcase the opportunities such as growing cements and power industries in emerging economies such as india, china and japan, growing infrastructure development in mea, and domestic refining and production of crude oil. In the near future, the market may face the possible challenges in the growth due to and high volatile fuel prices. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global petroleum coke market market.
On the basis of type, the global petroleum coke market is studied across Calcined Coke and Fuel Grade Coke.
On the basis of application, the global petroleum coke market is studied across Blast Furnace, Calcining, Cement Kilns, Chemical Manufacturing, Fertilizers & Paints, and Power Plants.
On the basis of geography, the global petroleum coke market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“BP PLC: The potential growing player for the global petroleum coke market”
The key players profiled in the global petroleum coke market are BP PLC, Chevron Corporation, Essar Oil Ltd, Exxon Mobil Corporation, Indian Oil Corporation Limited, Marathon Petroleum Corporation, Nippon Coke & Engineering. Co., Ltd., Oxbow Corporation, Petroleum Coke Industries Company K.S.C., Reliance Industries Limited, Royal Dutch Shell PLC, Saudi Arabian Oil Company, Suncor Energy Inc., Trammo, Inc., and Valero Energy Corporation.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global petroleum coke market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global petroleum coke market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global petroleum coke market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global petroleum coke market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global petroleum coke market.
Summary:
Get latest Market Research Reports on Petroleum Coke . Industry analysis & Market Report on Petroleum Coke is a syndicated market report, published as Global Petroleum Coke Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q3 2018 Update). It is complete Research Study and Industry Analysis of Petroleum Coke market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.