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DUBLIN , April 13, 2022 /PRNewswire/ -- The "Needle Coke Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global needle coke market reached a value of US$ 3.76 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 5.35 Billion by 2027, exhibiting at a CAGR of 5.96% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. Needle coke is a specialty grade carbon raw material derived from coal tar pitch, ethylene tar pitch, solvent refined coal, low-sulphur vacuum residues, or petroleum fluidized catalytic cracking (FCC) decant oil. It possesses high strength, electrical conductivity, real and bulk density, while having a low coefficient of thermal expansion (CTE) and heteroatom and ash content. It also exhibits excellent graphitizability on account of its strong parallel orientation of turbostratic layer structure and a particular physical shape of the grains. Needle Coke Market Trends:

Needle coke is widely used as a carbonaceous filler in the production of graphite electrodes for ultra-high power electric arc furnaces (EAF) in the steel smelting industry. As these electrodes have low resistivity, high mechanical strength, and excellent thermal shock resistance and oxidation resistance, they are extensively utilized to melt scrap substitutes and maintain the temperature of molten steel.

Moreover, needle coke finds applications in the manufacturing of synthetic graphite, which is used to make lithium-ion batteries for electric vehicles (EVs). This, in confluence with the escalating demand for EVs worldwide on account of the rising carbon emissions and increasing environmental concerns, is contributing to the market growth.

Apart from this, needle coke is employed in the manufacturing of specialty carbon, which is gaining traction in the electronics industry as a viscosity control additive for electromagnetic shielding and a semi-conductive cable compound. In line with this, as specialty carbon has excellent tinting strength and dispersibility, it finds extensive usage in the construction industry. This, coupled with the thriving construction industry due to rapid urbanization and renovation of existing infrastructure, is anticipated to drive the market.

The competitive landscape of the industry has also been examined along with the profiles of the key players being Asbury Carbons Inc., C-Chem CO. Ltd (Nippon Steel Corporation), ENEOS Holdings Inc., GrafTech International Ltd., Graphite India Limited, HEG Limited, Mitsubishi Chemical Holdings Corporation, Mott Corporation, Phillips 66 Company, Sojitz Corporation, Sumitomo Corporation and Tokai Carbon Co. Ltd. Key Questions Answered in This Report:

Key Topics Covered: 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Needle Coke Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Type 6.1 Coal-tar Pitch Derived 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Petroleum Derived 6.2.1 Market Trends 6.2.2 Market Forecast 7 Market Breakup by Grade 7.1 Intermediate 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Premium 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Super Premium 7.3.1 Market Trends 7.3.2 Market Forecast 8 Market Breakup by Application 8.1 Graphite Electrodes 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Silicon Metal and Ferroalloys 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Lithium-ion Battery 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Carbon Black 8.4.1 Market Trends 8.4.2 Market Forecast 8.5 Rubber Compounds 8.5.1 Market Trends 8.5.2 Market Forecast 8.6 Others 8.6.1 Market Trends 8.6.2 Market Forecast 9 Market Breakup by End Use Industry 9.1 Aluminum and Steel 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Automotive 9.2.1 Market Trends 9.2.2 Market Forecast 9.3 Semiconductor 9.3.1 Market Trends 9.3.2 Market Forecast 9.4 Others 9.4.1 Market Trends 9.4.2 Market Forecast 10 Market Breakup by Region 11 SWOT Analysis 12 Value Chain Analysis 13 Porters Five Forces Analysis 14 Price Analysis 15 Competitive Landscape 15.1 Market Structure 15.2 Key Players 15.3 Profiles of Key Players 15.3.1 Asbury Carbons Inc. 15.3.1.1 Company Overview 15.3.1.2 Product Portfolio 15.3.2 C-Chem CO. Ltd (Nippon Steel Corporation) 15.3.2.1 Company Overview 15.3.2.2 Product Portfolio 15.3.3 ENEOS Holdings Inc. 15.3.3.1 Company Overview 15.3.3.2 Product Portfolio 15.3.3.3 Financials 15.3.4 GrafTech International Ltd. 15.3.4.1 Company Overview 15.3.4.2 Product Portfolio 15.3.4.3 Financials 15.3.4.4 SWOT Analysis 15.3.5 Graphite India Limited 15.3.5.1 Company Overview 15.3.5.2 Product Portfolio 15.3.5.3 Financials 15.3.6 HEG Limited 15.3.6.1 Company Overview 15.3.6.2 Product Portfolio 15.3.6.3 Financials 15.3.6.4 SWOT Analysis 15.3.7 Mitsubishi Chemical Holdings Corporation 15.3.7.1 Company Overview 15.3.7.2 Product Portfolio 15.3.7.3 Financials 15.3.7.4 SWOT Analysis 15.3.8 Mott Corporation 15.3.8.1 Company Overview 15.3.8.2 Product Portfolio 15.3.9 Phillips 66 Company 15.3.9.1 Company Overview 15.3.9.2 Product Portfolio 15.3.9.3 Financials 15.3.9.4 SWOT Analysis 15.3.10 Sojitz Corporation 15.3.10.1 Company Overview 15.3.10.2 Product Portfolio 15.3.10.3 Financials 15.3.10.4 SWOT Analysis 15.3.11 Sumitomo Corporation 15.3.11.1 Company Overview 15.3.11.2 Product Portfolio 15.3.11.3 Financials 15.3.11.4 SWOT Analysis 15.3.12 Tokai Carbon Co. Ltd. 15.3.12.1 Company Overview 15.3.12.2 Product Portfolio 15.3.12.3 Financials 15.3.12.4 SWOT Analysis

For more information about this report visit https://www.researchandmarkets.com/r/6yyi1f

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