Title: Green Petroleum Coke Market
1Green Petroleum Coke Market was valued
approximately USD 12 Bn in 2017 and estimated to
reach a CAGR of about 6 during a forecast period
of 2017-2026. Green petroleum coke market is
driven by electricity segment, power plants,
construction, rise in demand from the alluminum
and steel industries. Also green green petroleum
coke emits less carbon if sulphur content is low
this is another keypoint to drives the market. As
environmental protection agency has not announced
green petroleum coke as hazardous material it has
growth in future too. The Rise in development in
railways, highway construction, automobiles, and
transportation segments has asked for more steel
which in turn demand the green petroleum coke
also the growth of green petroleum coke market.
Green petroleum coke has a relatively low ash
content and minimal toxicity therefore used on
large scale in various industries. Low freight
costs coupled with better resource conservation
will further complement the Green petroleum coke
Market growth.
- Green petroleum coke can be divided on the basis
of end users as cement, calcining, blast furnace,
construction, graphite electrode, power plants
and other. Power plants and cement kilns had
grown with the fastest rate among the
applications of petroleum coke. Power plant
accounts for one fifth of the market. Cement
industry is dominating the Green Petroleum Coke
Market and will continue to witness its growth in
forecast period. Cement division is followed by
Power plant division. - Green petroleum market can be classified into two
segment which includes fuel grade and calcined
coke. Calcined green petroleum coke is generally
used to make steel, paints, steel, titanium,
fertilizers and an aluminum. Further fuel grade
coke can be sub-segmented as shot coke and sponge
coke. Fuel grade coke constitute highest share
among green petroleum coke also leads the market
because of its advantage over calcined green
petroleum coke such as high calorific value and
less cost. A Small amount of fuel grade coke can
produce the large quantity of electricity, so
electricity is produced at a cheaper rate with
the use of the fuel grade coke. - In terms of region, the green green petroleum
coke market can be divided into North America,
Europe, Asia Pacific, Latin America, and Middle
East Africa. North America and Europe a holds a
major share of the green green petroleum coke
market due to well-established crude oil
companies located in these divisions. The Asia
Pacific is allocated to expand at a rapid speed
due to the significant increase in construction
and building activities. Growth in demand for
energy, increase in a supply of heavy oils, and
stable economic growth in developing economies
such as China and India and rapid
industrialization. The market in Middle East
Africa and Latin American is expected to expand
at a plodding step during the forecast period. - Green petroleum market key players includes Oxbow
Corporation, AMINCO RESOURCES LLC., Asbury
Carbons, Aluminium Bahrain (Alba), Atha Group,
Carbograf Industrial S.A. de C.V., Rain Carbon
Inc., Minmat Ferro Alloys Private Limited,
Shandong KeYu Energy Co., Ltd. Weifang Lianxing
New Material Technology Co., Ltd. Linyi Zhenhua
Carbon Technology Co., Ltd. COCAN (HUBEI)
GRAPHITE MILL INC. Modern Industrial Investment
Holding Group. Sinoway Carbon Co., Ltd., and
Ningxia Wanboda Carbons Graphite Co., Ltd. - The Scope of the Green Petroleum Coke Market
- Green Petroleum Coke Market By Product Type
- Fuel Grade
- Calcined Coke
- Green Petroleum Coke Market By End Use Type
- Aluminum Other Metals
- Cement
- Power Plants
- Graphite electrode
- Others
- Green Petroleum Coke Market By Region
- Asia Pacific
- Europe
- North America
- Middle East Africa