Needle Coke Market
Needle Coke Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Needle Coke Market Size and Growth
The Needle Coke market is experiencing significant growth, driven by demand in the lithium-ion battery and graphite electrode sectors. The global market size is projected to reach approximately USD 4 billion by 2025, reflecting an annual growth rate of around 5%. Market conditions indicate increased investments and technological advancements in production processes. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ ConocoPhillips
◍ C-Chem
◍ Seadrift Coke
◍ JXTG Holdings
◍ Sumitomo Corporation
◍ Mitsubishi Chemical
◍ Indian Oil Company
◍ Shanxi Hongte Coal Chemical
◍ Fangda Carbon
◍ Shanxi Jinzhou Group
◍ CNPC Jinzhou Petrochemical
◍ Shandong Yida New Material
◍ Sinosteel
The Needle Coke Market is competitive, with companies like ConocoPhillips, C-Chem, and Seadrift Coke leading in production. These firms supply needle coke for highperformance applications, enhancing battery and steel manufacturing. Their innovation and capacity expansion drive market growth. Notable revenues include Mitsubishi Chemical with approx. $16 billion and Indian Oil Company around $33 billion.
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Market Segmentation
By Application
Graphite Electrode
Special Carbon Material
Others
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By Product
Petroleum-based
Coal-based
$ 3059.02 Million
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