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Americas Petcoke Market Size
- Report ID: GMI9819
- Published Date: Jun 2024
- Report Format: PDF
Americas Petcoke Market Size
Americas Petcoke Market has valued at USD 9.6 billion in 2023 and will rise with CAGR of 2.6% between 2024 to 2032. Increasing economic growth along with rising infrastructure development in emerging markets including Brazil, Chile, Mexico, among others will contribute to the product utilization. Shifting focus towards adoption of fuel-grade petcoke coupled with stricter emission standards particularly in the U.S. & Canada will increase the product usage in end use industries over the forecast period.
Technological advancements in refining processes are enhancing petcoke quality and efficiency, further driving its adoption across various industrial applications. For instance, in June 2022, Texas A&M University and ExxonMobil are innovating a process to repurpose petroleum coke into graphene using electrochemical exfoliation. Graphene, a nanomaterial, holds promise across various fields such as electronics, medicine, and energy storage. These innovations are contributing to the growth of market.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Americas Petcoke Market Size in 2023: | USD 9.6 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 2.6% |
| 2032 Value Projection: | USD 12 Billion |
| Historical Data for: | 2021 to 2023 |
| No. of Pages: | 110 |
| Tables, Charts & Figures: | 15 |
| Segments covered: | Grade, Physical Form, Application, and Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Americas Petcoke Market Scope
