Sep 21, 2018   SOURCE: BusinessWire

The Global Market for Needle Coke: 2018-2024 Analysis & Forecasts - ResearchAndMarkets.com

The "Needle Coke Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.

The report predicts the global needle coke market to grow with a CAGR of 5% over the forecast period of 2018-2024.

Growing demand for product in steel industry, growing demand of Lithium Ion batteries and development of efficient and advance technology are the major factors driving the growth of the needle coke market. For instance, Indian Oil research & development has developed a technology for production of Needle Coke from low value heavier hydrocarbon streams without any major feed pre-treatment.

In addition, superior properties such as low coefficient of thermal expansion, puffing rate and large particle size are fuelling the growth of the market. However, insecurity in the global crude oil and natural gas markets owing to demand & supply fluctuations is a major restraint for needle coke market growth.

Furthermore, growing refinery parameters owing to increasing needle coke prices is supposed to hike production capabilities particularly in emerging economies such as China, India, and Brazil; this in turn is anticipated to create several growth opportunities in the needle coke market.

Companies Profiled

  • Phillips 66
  • Mitsubishi Chemical Corporation
  • Indian Oil Corporation Ltd.
  • JXTG Holdings Inc.
  • Seadrift Coke L.P.
  • Sinopec Shanghai Petrochemical Company Limited
  • Bao-steel Group
  • Petrocokes Japan Ltd.
  • Sinosteel Anshan Research Institute of Thermo-Energy Co. Ltd.
  • FangDa Carbon New Material Co. Ltd.

Key Topics Covered

1. Preface

2. Executive Summary

3. Global Needle Coke Market Overview

4. Needle Coke Market Macro Indicator Analysis

5. Global Needle Coke Market by Applications

6. Global Needle Coke Market by Region 2018-2024

7. Company Profiles and Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/4ngqn2/the_global_market?w=4