Global Raw Petroleum Coke (Green Petroleum Cok) market cagr 14.9%

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Raw Petroleum Coke (Green Petroleum Cok) Market

Raw Petroleum Coke (Green Petroleum Cok) Market

Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Raw Petroleum Coke (Green Petroleum Cok) Market Size and Growth

The Raw Petroleum Coke (Green Petroleum Coke) market is experiencing growth driven by rising demand in aluminum, steel, and cement industries. As of 2023, the market size is estimated at approximately USD 23 billion, influenced by increased industrial activities and stringent regulations on carbon emissions, shaping a competitive landscape for producers.

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Companies Covered

(Covid 19 Impact Covered)

◍ Sinopec

◍ ExxonMobil

◍ CNPC

◍ Shell

◍ Marathon Oil

◍ Rosneft

◍ Saudi Aramco

◍ Valero

◍ PDVSA

◍ Petrobras

◍ Total

◍ BP

◍ JXTG

◍ Pemex

◍ Chevron

◍ IOCL

◍ Baowu

The Raw Petroleum Coke market is driven by major players like Sinopec, ExxonMobil, and Saudi Aramco. These companies utilize green petroleum coke in energy production and aluminum manufacturing, enhancing market growth. Their combined revenues range in billions, with ExxonMobil generating approximately $413 billion and Saudi Aramco around $400 billion.

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Market Segmentation

By Application

Aluminum Manufacturing

Steel Manufacturing

Titanium Manufacturing

Chemicals ◍ Other Carbon consuming industries

By Product

◍ Extra low-sulfur (S < 1%) ◍ Low-sulfur (1% < S <2%) ◍ Mid-sulfur (2% < S <3%)

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Market Growth

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$ X Billion USD

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