Question 1

Who are the key leaders in the needle coke industry?

Accepted Answer

BP p.l.c, Exxon Mobil Corporation, Indian Oil Corporation Ltd, Marathon Petroleum Corporation, Oxbow Corporation, Reliance Industries Limited, Saudi Arabian Oil Company (Saudi Aramco), Shamokin Carbons, Shell Plc, and Valero, are some of the major needle coke companies worldwide.

Question 2

What is the size of the Asia Pacific needle coke market?

Accepted Answer

Asia Pacific market is expected to reach over USD 5 billion by 2032, attributed to positive outlook toward aluminum and steel industries along with the rapid expansion and modernization of existing refineries in the region.

Question 3

How big is the needle coke industry?

Accepted Answer

The market size of needle coke reached USD 6.4 billion in 2023 and is set to register 5.9% CAGR from 2024-2032, owing to its rising adoption as a fuel source in diverse industrial processes worldwide.

Question 4

Why is the demand for fuel grade needle coke growing?

Accepted Answer

Needle coke industry from the fuel grade segment is expected to surpass USD 6.5 billion by 2032, due to innovations in production technologies, improving the yield and quality of needle petroleum coke.

Needle Coke Market Share

Needle Coke Company Market Share

Needle Coke Market Companies

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