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Global Needle Coke Market Size, Trends and Forecasts 2018-2022 with Focus on the Chinese Industry - ResearchAndMarkets.com

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The "Global
Needle Coke Market: Size, Trends and Forecasts 2018-2022"

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Global Needle Coke Market: Size, Trends and Forecasts 2018-2022,
provides an in depth analysis of the global needle coke market by value,
by production capacity, by applications, by segments, by region, etc.
The report also provides a analysis of the China needle coke market by
segment and by production capacity.

The report also assesses the key opportunities in the market and
outlines the factors that are and will be driving the growth of the
industry. Growth of the overall global needle coke market has also been
forecasted for the period 2018-2022, taking into consideration the
previous growth patterns, the growth drivers and the current and future
trends.

The global needle coke market has increased at a significant CAGR during
the years 2013-2017 and projections are made that the market would rise
in the next four years i.e. 2018-2022 tremendously. The needle coke
market is expected to increase due to growth in global GDP, growing
needle coke demand in graphite electrodes, rapid growth in electric
vehicles production, growing needle coke demand in lithium-ion
batteries, etc. Yet the market faces some challenges such as increasing
graphite electrodes prices, increasing needle coke prices, slow steel
production growth, decline in graphite electrodes capacity,
environmental concerns, etc.

The global needle coke industry is generally dominated. Many competitors
have established worldwide reputation with the multinational customers
while some supply their products to the local customers. The
manufacturers of the needle coke market produce different type of needle
cokes, some manufacturers produce petroleum-based needle coke while
other produce coal-based needle coke.

However, the competition in the global needle coke market is dominated
by few needle coke manufacturers supplying needle cokes worldwide.
Further, key players of the needle coke market are Phillips 66,
Mitsubishi Chemical Holdings Corporation, JXTG Holdings, Inc., Indian
Oil Corporation Ltd. are also profiled with their financial information
and respective business strategies.

Market Dynamics

Growth Drivers

  • Rising Global GDP
  • Growing Needle Coke Demand for Graphite Electrodes
  • Growing Needle Coke Demand for Lithium-ion Batteries
  • Escalating Electric Vehicles Production
  • Soaring Urban Population

Challenges

  • Increasing Needle Coke Prices
  • Increasing Graphite Electrodes prices
  • Decline in Graphite Electrodes Capacity
  • Slow Steel Production Growth
  • Environmental Concerns

Market Trends

  • Increasing Demand of Petroleum-based Needle Coke
  • Low Electric Resistance
  • Rising China's Exports of Graphite Electrodes

Companies Mentioned

  • Phillips 66
  • Mitsubishi Chemical Holdings Corporation
  • JXTG Holdings, Inc.
  • Indian Oil Corporation Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/882d5p/global_needle?w=4

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