Jan 29, 2019   SOURCE: BusinessWire

Global Fuel-Grade Petcoke Market Analysis & Outlook Report: 2019-2023 - ResearchAndMarkets.com

The "Global Fuel-Grade Petcoke Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The fuel-grade petcoke market will register a CAGR of nearly 4% by 2023.

Application of fuel-grade petcoke in blast furnaces to drive market growth

Fuel-grade petcoke is an essential commercial product that is widely used in power generation, cement kilns, and other industries. Blast furnaces are widely used for manufacturing iron and steel. They consume a significant amount of energy. Coking coal is the dominant source of energy in blast furnaces. Combustion of coal emits large quantities of carbon, which is a major greenhouse gas that drastically affects the environment.

Increase in oil refining capacity

Fuel-grade petcoke is a carbonaceous material, which is derived as a byproduct in the oil refineries. The growth in the global demand for oil has led to an increase in the oil refining capacity across the globe. The production of fuel-grade petcoke is directly proportional to the quantity of oil refined. Therefore, the growth in global oil refining capacity drives the global production of fuel-grade petcoke.

Use of alternatives to fuel-grade petcoke in cement industry

As the use of petcoke has been restrained in many countries such as India due to environmental concerns, users are exploring new alternatives to petcoke.

Key Players

  • Indian Oil
  • Oxbow
  • Phillips 66
  • Repsol
  • Suncor Energy

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY END-USER

  • Comparison by end-user
  • Cement industry - Market size and forecast 2018-2023
  • Power sector - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

  • Metal extraction from petcoke
  • Application of fuel-grade petcoke in blast furnaces
  • Strategic initiatives toward low-carbon transition in cement industry

PART 11: VENDOR LANDSCAPE

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Indian Oil
  • Oxbow
  • Phillips 66
  • Repsol
  • Suncor Energy

For more information about this report visit https://www.researchandmarkets.com/research/2bwz2p/global_fuelgrade?w=4