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Needle Coke Market (Type - Petroleum Derived, Coal Tar Pitch Derived; Grade - Intermediate, Premium, Super Premium) to Reach Around US $5 Bn by 2026

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Houston, TX -- (SBWIRE) -- 06/01/2018 -- Global Needle Coke Market is an all-inclusive study of the business sectors latest outlines, Needle coke is a highly crystalline coke primarily used for the production of graphite electrodes for EAF steel. Fluid catalytic cracking (FCC) decant oil is used as a starting material in the production of petroleum derived needle coke. It contains about 0.02% to 0.04% by weight of ash. FCC catalyst increases the thermal expansion characteristics of a resulting electrode, thereby necessitating the removal of the catalyst for the production of low CTE graphite electrodes from petroleum needle coke. Coal tar is obtained as a byproduct during the coking process of low ash metallurgical coke. Coal tar pitch is obtained through distillation, which involves the conversion of coal tar into a variety of intermediate chemicals.

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Global needle coke market is anticipated to expand at a CAGR of more than +3% from 2018 to 2026 and reach US$ +5 Bn by 2026.

Global Needle Coke Market is driven by globalization, the presence of virtual organizations, time-proportional economy, global needle coke market has been segmented based on type, grade, and application. Based on type, the global needle coke market has been bifurcated into petroleum derived and coal tar pitch derived. Demand for petroleum-based needle coke is high despite the existence of a handful of suppliers globally. China is a major producer of coal tar pitch needle coke. Based on grade, the global needle coke market has been segregated into intermediate, premium, and super premium. The super-premium segment is expected to exhibit significant growth rate during the forecast period. Based on application, the global needle coke market has been classified into graphite electrode, lithium-ion batteries, and others

Some of the leading vendors: Phillips 66, Mitsubishi Chemical Corporation, JXTG Holdings, Inc., Baotailong New Material Co., Ltd., Indian Oil Corporation Ltd., Bao-steel Group, C-Chem CO., LTD., Seadrift Coke LP, Sinopec Shanghai Petrochemical Company Limited, Shanxi Hongte Coal Chemical Co Ltd., Sinosteel Anshan Research Institute of Thermo-Energy Co., Ltd., Petrochina International Jinzhou Petrochemical Co., Ltd., Shijiazhuang Deli Chemical Co., Petroleum Coke Industries Co. (K.S.C), Petrocokes Japan Ltd., and FangDa Carbon New Material Co. Ltd.

The growing demand for Needle Coke from emerging economies over the globe is anticipated to contribute broadly towards the improvement of the general market. Moreover, the market has been grouped on the premise of topography into the U.S., China, Japan, and Europe. The demand, supply, and evaluated development rate of each provincial market have been talked about in the exploration report to give an unmistakable picture of the worldwide market

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Players in the Global Needle Coke Market are dependably taking a stab at modernization. The report provides both, subjective and quantitative research of the market, and incorporates commendable bits of knowledge into the rational scenario and favored improvement strategies adopted by key contenders.

Table of Content:
Chapter 1 Needle Coke Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis