Petroleum Coke Market Size, Share, Analysis Report

Petroleum Coke Market Size by Application (Steel, Power), By Type (Calcined Coke, Fuel Grade), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The global Petroleum Coke market is expected to grow upto US$ 4.50 Billion in 2027, at CAGR of about 9.11% during the forecast period.

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MARKET SNAPSHOT

Major Players

  • Essar Oil
  • Reliance Industries
  • Chevron Corporation
  • Valero Energy Corporation
  • Indian Oil Corporation
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    9.11%

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The global Petroleum Coke market is expected to grow upto US$ 4.50 Billion in 2027, at CAGR of about 9.11% during the forecast period.

    The global petroleum coke market is anticipated to spectator exponential demand from the cement and power generation industries over the estimate period. The development of the petroleum coke industry is directly linked to the cement, petroleum refining, and power industry. Rising power and cement industry in developing economies like India, China, and Vietnam are estimated to drive the market over the estimate period. Approval to use petroleum coke in industrial applications by agencies like EPA and CRS is projected to drive the market over the foreseeable future on account of its nontoxic nature. Development in supply of heavy oils across the world and development in cement and power generation industry are anticipated to determination the development of the global petroleum coke market during the estimate period. Increase in production of steel because of development in railways, highway automobiles, construction, and transportation segments has completed the development of petroleum coke market. As petroleum coke has a relatively low ash content and minimal toxicity, it is used on a large scale in many industries. But, stringent environmental regulations towards the use of petroleum coke owing to its high sulfur content is expected to hamper the growth of the market during the estimate period.

    The global Petroleum Coke market is segregated on the basis of Application as Steel, Power, Others, Aluminum & Other Metals, Cement, and Storage. Based on Type the global Petroleum Coke market is segmented in Calcined Coke and Fuel Grade.

    The global Petroleum Coke market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Petroleum Coke market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Essar Oil, Reliance Industries, Chevron Corporation, Valero Energy Corporation, Indian Oil Corporation, Trammo, Marathon Petroleum, BP, Saudi Aramco, Royal Dutch Shell, and others are among the major players in the global Petroleum Coke market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Petroleum Coke Market has been segmented as below:

    Petroleum Coke Market, By Application

    • Steel
    • Power
    • Others
    • Aluminum & Other Metals
    • Cement
    • Storage

    Petroleum Coke Market, By Type

    • Calcined Coke
    • Fuel Grade

    Petroleum Coke Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Petroleum Coke Market, By Company

    • Essar Oil
    • Reliance Industries
    • Chevron Corporation
    • Valero Energy Corporation
    • Indian Oil Corporation
    • Trammo
    • Marathon Petroleum
    • BP
    • Saudi Aramco
    • Royal Dutch Shell

    The report covers:

    • Global Petroleum Coke market sizes from 2020 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2019 vs 2027, with actual data for 2019, estimates for 2020 and forecast from 2022 to 2027
    • Global Petroleum Coke market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Petroleum Coke market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Petroleum Coke market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Petroleum Coke market share. Major industry players with significant revenue share include Essar Oil, Reliance Industries, Chevron Corporation, Valero Energy Corporation, Indian Oil Corporation, Trammo, Marathon Petroleum, BP, Saudi Aramco, Royal Dutch Shell, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Petroleum Coke industry trends
    • Find complete analysis on the market status
    • Identify the Petroleum Coke market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Some of the recent developments in Petroleum Coke Market are as follows:

    Essar Oil

    • 06-2017: Essar Steel team has been persistently pursuing an efficiency improvement and new product development programme. In the year ended 2017, Essar Steel India substantially enhanced its performance.
    • 04-2018: A cleaner fossil fuel has been the necessity of the hour for some time now but India has smarted due to lack of technology advancement.

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
            
    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
        
    5. Petroleum Coke Market, By Application
        5.1 Introduction
        5.2 Steel
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Power
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Others
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
        5.5 Aluminum & Other Metals
            5.5.1 Market Overview
            5.5.2 Market Size and Forecast
        5.6 Cement
            5.6.1 Market Overview
            5.6.2 Market Size and Forecast
        5.7 Storage
            5.7.1 Market Overview
            5.7.2 Market Size and Forecast
            
    6. Petroleum Coke Market, By Type
        6.1 Introduction
        6.2 Calcined Coke
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Fuel Grade
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
            
    7. Petroleum Coke Market, By Geography
        7.1 Introduction
        7.2 North America
            7.2.1 North America Petroleum Coke, By Application
            7.2.2 North America Petroleum Coke, By Type
        7.3 Europe
            7.3.1 Europe Petroleum Coke, By Application
            7.3.2 Europe Petroleum Coke, By Type
        7.4 Asia-Pacific
            7.4.1 Asia-Pacific Petroleum Coke, By Application
            7.4.2 Asia-Pacific Petroleum Coke, By Type
        7.5 Rest of the World
            7.5.1 Rest of the World Petroleum Coke, By Application
            7.5.2 Rest of the World Petroleum Coke, By Type
    8. Competitive Insights
        8.1 Key Insights
        8.2 Company Market Share Analysis
        8.3 Strategic Outlook
            8.3.1 Mergers & Acquisitions
            8.3.2 New Product Development
            8.3.3 Portfolio/Production Capacity Expansions
            8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements 
            8.3.5 Others
    9. Company Profiles
        9.1 Essar Oil
            9.1.1 Company Overview
            9.1.2 Product/Service Landscape
            9.1.3 Financial Overview
            9.1.4 Recent Developments
        9.2 Reliance Industries
            9.2.1 Company Overview
            9.2.2 Product/Service Landscape
            9.2.3 Financial Overview
            9.2.4 Recent Developments
        9.3 Chevron Corporation
            9.3.1 Company Overview
            9.3.2 Product/Service Landscape
            9.3.3 Financial Overview
            9.3.4 Recent Developments
        9.4 Valero Energy Corporation
            9.4.1 Company Overview
            9.4.2 Product/Service Landscape
            9.4.3 Financial Overview
            9.4.4 Recent Developments
        9.5  Indian Oil Corporation
            9.5.1 Company Overview
            9.5.2 Product/Service Landscape
            9.5.3 Financial Overview
            9.5.4 Recent Developments
        9.6 Trammo
            9.6.1 Company Overview
            9.6.2 Product/Service Landscape
            9.6.3 Financial Overview
            9.6.4 Recent Developments
        9.7 Marathon Petroleum
            9.7.1 Company Overview
            9.7.2 Product/Service Landscape
            9.7.3 Financial Overview
            9.7.4 Recent Developments
        9.8 BP
            9.8.1 Company Overview
            9.8.2 Product/Service Landscape
            9.8.3 Financial Overview
            9.8.4 Recent Developments
        9.9 Saudi Aramco
            9.9.1 Company Overview
            9.9.2 Product/Service Landscape
            9.9.3 Financial Overview
            9.9.4 Recent Developments
        9.10 Royal Dutch Shell
            9.10.1 Company Overview
            9.10.2 Product/Service Landscape
            9.10.3 Financial Overview
            9.10.4 Recent Developments
        9.11 Exxon Mobil Corporation
            9.11.1 Company Overview
            9.11.2 Product/Service Landscape
            9.11.3 Financial Overview
            9.11.4 Recent Developments
        9.12 Oxbow Corporation
            9.12.1 Company Overview
            9.12.2 Product/Service Landscape
            9.12.3 Financial Overview
            9.12.4 Recent Developments
        9.13 Aminco Resources
            9.13.1 Company Overview
            9.13.2 Product/Service Landscape
            9.13.3 Financial Overview
            9.13.4 Recent Developments
        9.14 HPCL-Mittal Energy Limited
            9.14.1 Company Overview
            9.14.2 Product/Service Landscape
            9.14.3 Financial Overview
            9.14.4 Recent Developments
        9.15 Bharat Petroleum
            9.15.1 Company Overview
            9.15.2 Product/Service Landscape
            9.15.3 Financial Overview
            9.15.4 Recent Developments
        9.16 Shamokin Carbons
            9.16.1 Company Overview
            9.16.2 Product/Service Landscape
            9.16.3 Financial Overview
            9.16.4 Recent Developments
        9.17 Rain CII
            9.17.1 Company Overview
            9.17.2 Product/Service Landscape
            9.17.3 Financial Overview
            9.17.4 Recent Developments
        9.18 Carbograf
            9.18.1 Company Overview
            9.18.2 Product/Service Landscape
            9.18.3 Financial Overview
            9.18.4 Recent Developments
        9.19 Cocan Graphite
            9.19.1 Company Overview
            9.19.2 Product/Service Landscape
            9.19.3 Financial Overview
            9.19.4 Recent Developments

    The Petroleum Coke Market has been segmented as below:

    Petroleum Coke Market, By Application

    • Steel
    • Power
    • Others
    • Aluminum & Other Metals
    • Cement
    • Storage

    Petroleum Coke Market, By Type

    • Calcined Coke
    • Fuel Grade

    Petroleum Coke Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Petroleum Coke Market, By Company

    • Essar Oil
    • Reliance Industries
    • Chevron Corporation
    • Valero Energy Corporation
    • Indian Oil Corporation
    • Trammo
    • Marathon Petroleum
    • BP
    • Saudi Aramco
    • Royal Dutch Shell

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    The market is expected to grow at a CAGR of 9.11% during the study period (2022-2027)
    The global Petroleum Coke Market Expected to Exceed more than US$ 4.20 Billion by 2027.
    The segment included in the Petroleum Coke Market is Application, Type and Region.
    Some key players operating in the Petroleum Coke Market include Essar Oil, Reliance Industries, Chevron Corporation, Valero Energy Corporation, Indian Oil Corporation, Trammo
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