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Market Overview of Global Calcined Petcoke market:
According to our latest research, the global Calcined Petcoke market looks promising in the next 5 years. As of 2022, the global Calcined Petcoke market was estimated at USD 16089.23 million, and it's anticipated to reach USD 20149.85 million in 2028, with a CAGR of 3.82% during the forecast years.
Calcined petroleum coke is a high purity carbon material produced by heating green petroleum coke to drive off moisture, volatile matter, and impurities and to increase its electrical conductivity.
Before the outbreak of the epidemic, globalization had closely linked and interdependent industrial chains. To curb the spread of the epidemic, most economies in the world have generally adopted unprecedented prevention and control measures. The free movement of people and production factors around the world has been restricted, and production in some countries has stagnated. In addition, unfavorable factors such as sharp fluctuations in the crude oil market and violent financial market fluctuations have compounded the impact, which has exacerbated the risk of "breaking" the global industrial chain.
The epidemic has severely impacted the real economy of all countries in the world. The shutdown of some industrial chains has led to a large number of unemployment, reduced income has led to shrinking demand, and the industrial chain crisis has spread from the supply side to the demand side. The simultaneous shrinking of supply and demand will further aggravate the impact on the industrial chain, and the global economy may fall into a long-term recession.
Countries are also responding differently to the COVID-19 pandemic, with the US's regulatory measures not so severe so far, and demand for gasoline and diesel is expected to decline only modestly. Low crude prices will lower production costs for large integrated refineries in the United States, giving them an incentive to expand production. However, due to the impact of the pandemic, the global economy is currently suffering from a lack of demand, limiting the expansion of us refineries.
In the post-epidemic period, transportation pressure decreases, refinery production and sales gradually recover, petroleum coke price rises high, cost support is strong, downstream traders and carbon industry have good purchasing enthusiasm, calcined petroleum coke output release slowly, and the price maintains stable operation in the short term.
New product development
Key players such as Rain industries, Oxbow, etc. are focusing on Research and development activities for improvement in the quality and different blending for cost-effective products. This trend is expected to create lucrative opportunities for market growth. At the same time, some companies have also solved the problem of waste heat recovery from high temperature calcination, and successfully carried out research and development of low temperature waste heat seawater desalination technology and waste heat power generation technology.
Health and Environmental issues
Concerns have been raised about the potential effects of calcined petroleum coke on human health and the environment. These impacts may arise during various stages of calcined petcoke's life cycle, including its production, handling, storage, transportation, combustion, use, and disposal.
The ATSDR analysis of calcined petcoke's particulate effects found a potential for a "health threat to sensitive individuals and to those with pre-existing respiratory illnesses" on poor air quality days. The waste gas (mainly sulfur dioxide), waste water, waste residue (basically no typical industrial waste residue, mainly unqualified calcined petroleum coke) and noise (mainly from electromagnetic vibration feeder, coke crusher and other equipment) generated in the production process will pollute the environment, and the market has strict environmental regulations.
Region Overview:
In 2022, the share of the Calcined Petcoke market in Asia Pacific stood at 61.62%.
Company Overview:
Oxbow Corporation, Rain Industries Limited, BP, PetroCoque and Aluminium Bahrain are the five key players in the global Calcined Petcoke market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Calcined Petcoke market in the past 5 years.
Oxbow Corporation
Oxbow Carbon LLC is one of the world's largest recyclers of refinery and natural gas byproducts. Oxbow upgrades, handles, transports and sells petroleum coke into markets where it can be used to produce aluminum, steel, electric power, cement and other critical products for the world economy.
Rain Industries Limited
Rain Industries Limited (RAIN) is one of the world's largest producers of calcined petroleum coke, coal tar pitch and other high-quality advanced materials. RAIN continues to grow through capacity expansions and mergers and acquisitions across the world. RAIN operates in three key business verticals: carbon, advanced materials and cement.
Segmentation Overview:
By type, Merchant Producers segment accounted for the largest share of market in 2022.
Merchant Producers
This type constitutes of majority of the CPC (Calcined Petroleum Coke) plants. In this type, manufacturer sources GPC (Green Petroleum Coke) from refineries and make CPC. In order to have good and consistent quality of CPC, smelters prefer merchant calciners.
Refineries
CPC is also produced by crude oil refineries who are forward integrated. They already produce Anode grade GPC and has set plant to produce CPC.
Smelters Integrated
Aluminum Smelters have their own CPC plants used for captive consumption and the surplus is sold in the market. It constitutes a very less portion of the total calcining facilities globally.
Application Overview:
The market's largest segment by application is the segment Aluminum, with a market share of 82.05% in 2022.
Aluminum
The main use of CPC is in the production of anodes for the Aluminum Smelting process. The reason for use in the Aluminum Industry is for conductivity.
TiO2
Another use for CPC is TiO2 production. The reason for use in TiO2 is for its oxidizing effect.
Steel
Metallurgical Industry is the remaining major area where CPC is used. The reason for use in Metallurgical Industry is the high Fixed Carbon level (low ash level) and moderate sulfur levels.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Calcined Petcoke market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Calcined Petcoke Market Report:
Market Size Estimates: Calcined Petcoke market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Calcined Petcoke market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Calcined Petcoke market
Segment Market Analysis: Calcined Petcoke market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Calcined Petcoke market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Calcined Petcoke Market: Revenue and sales volume of major countries in each region
Calcined Petcoke Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Calcined Petcoke market in major regions.
Calcined Petcoke Industry Value Chain: Calcined Petcoke market raw materials & suppliers, manufacturing process, distributors, downstream customers
Calcined Petcoke Industry News, Policies & Regulations
Key players in the global Calcined Petcoke market are covered in Chapter 12:
Oxbow Corporation
Aluminium Bahrain
Sinoway
BP
Weifang Lianxing New Material Technology Co., Ltd
Indian Oil Corporation Ltd
India Carbon Limited
PetroCoque
Atha Group
NingXia Wanboda Carbons and Graphite
Rain Industries Limited
GOA Carbon
Shandong Zhongyang New Material Technology Co., LTD
In Chapter 2 and Chapter 15.1, based on types, the Calcined Petcoke market from 2018 to 2028 is primarily split into:
Merchant Producers
Refineries
Smelters Integrated
In Chapter 3 and Chapter 15.2, based on applications, the Calcined Petcoke market from 2018 to 2028 covers:
Aluminum
TiO2
Steel
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Calcined Petcoke market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028