Petroleum Coke Market Analysis by Grade (Fuel Coke and Calcined Coke) and by Application (Calcination, Power Plant, Cement Kiln and Blast Furnace) Global Market Insights: By Region 2022 to 2032
Petroleum coke consumption is projected to reach US$25.27 billion globally in 2022 and grow at a CAGR of 9.6% to US$63.10 billion by the end of 2032.
Fuel grade petroleum coke and calcined grade petroleum coke are the two types of petroleum coke produced as the ultimate solid by-product of petroleum refining. A barrel of crude oil can be used to produce a variety of goods, including jet fuel, diesel and other lubricants.
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Prominent KEY PLAYERS of Petroleum Coke Market Survey Report:
- BP SpA
- Chevron Company
- Essar Oil Ltd.
- ExxonMobile Corporation
- HPCL – Mittal Energy Limited
- Indian Oil Corporation Limited
- Reliance Industries Limited
- Royal Dutch Shell Plc
- Saudi Arabian oil company
- Valero Energy Corp
Key segments covered by the petroleum coke industry research
- Petroleum Coke Market By Grade:
- Fuel grade coke
- Calcinated Coca Cola
- Petroleum Coke Market by Applications:
- Calcination
- Power plants
- Cement kilns
- Blast furnaces
- Petroleum Coke Market By Regions:
- North America
- Latin America
- Europe
- East Asia
- South Asia and Oceania
- WHAT
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Competitive landscape
The petroleum coke market is expected to grow due to the expanding opportunities of various end-use industries. The growth of paints and coatings, steel, fertilizers and other sectors is expected to generate significant potential for the industry.
Major competitors in the global petcoke market are looking to expand their production capacity to meet global demand and capture a higher market share.
What sets the Fact.MR report apart from others?
- Fact.MR follows a six-point mechanism known as EVOLVE (Assess. Visualize. Surpass. Exploit. Verify. Eradicate.) . The report has been specially created to assess the impact of COVID-19 on the Petroleum Coke market. This mechanism focuses on almost all factors in a definite way to provide the best research report for the market stakeholders.
- Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Petroleum Coke market, thus making it different and special from other reports.
- Visualize: Authors involved in the research activities have visualized the post-COVID-19 era so that key market stakeholders have an overview and help them take certain steps to ensure continued growth during the forecast period.
- Overcoming: The report examines the points that can prove to be an Achilles heel for the Petroleum Coke market and helps in making strategies to overcome the obstacles that can hinder the growth of the Petroleum Coke market.
- Leverage: The petroleum coke market can take advantage of certain aspects that can prove beneficial in increasing the growth rate. Fact.MR covers all points that key stakeholders can leverage.
- Verification: Research is carried out systematically to ensure validation of all aspects covered in the report. All points are double checked and verified thoroughly to avoid defects and false information.
- Eradicate: Last but not the least, this aspect helps the key stakeholders to eradicate all the hurdles standing between the growth rate and the petroleum coke market.
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