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Get a free sample of Americas Petcoke Market
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Americas petcoke industry caters companies like Chevron Corporation, Exxon Mobil, Phillips 66 Company, BP and Shell plc holds the largest market share. Their dominance stems from its extensive refining operations and production capacity, enabling it to supply substantial volumes of petroleum coke. Companies’ strong distribution network and long-term contracts with key industries further consolidate their leading position in the region's petcoke market.
Some of the key market players operating across the Americas petcoke industry are:
AMINCO RESOURCES LLC, ASPO Energy Ltd, Bharat Petroleum Corporation Limited, BP p.l.c, Cenovus Inc, Chevron Corporation, CITGO Petroleum Corporation, and Cocan graphite among others.
U.S. petcoke market is projected to exceed USD 10 billion by 2032, surged by its extensive oil refining capacity, which produces large quantities of petcoke as a byproduct.
Americas petcoke market was valued at USD 9.6 billion in 2023 and will grow at 2.6% CAGR between 2024 to 2032, driven by increasing economic growth along with rising infrastructure development in emerging markets including Brazil, Chile, Mexico.
The fuel grade petcoke segment in the Americas petcoke industry is expected to surpass USD 7 billion by 2032, propelled by its cost-effectiveness and high calorific value.