Los Angeles, CA -- (SBWIRE) -- 04/22/2019 -- Needle coke is a needle-shaped carbon material. With low electrical resistance, strong shock resistance and good anti-oxidation ability, it can be widely used in ultra-high graphite electrode, nuclear reactor deceleration materials and LIB anode materials. According to different raw material, needle coke can be classified as coal-based and petroleum-based.

According to the raw material difference, needle coke is divided into petroleum-based and coal-based. Phillips 66 is the biggest manufacturer of petroleum-based needle coke with the capacity recording 370 K MT. Sale of Phillips 66 was 313 K MT in 2016. C-Chem is the biggest manufacturer of coal-based needle coke, the capacity of the company has been reached 180 K MT in 2016, with sales of 161 K MT. In 2017, C-Chem sold its China factory to Fangda Carbon.

The needle coke industry is held by UK, USA and Japanese companies. In 2017, Asia Pacific is the largest consumption region, with the consumption amount of 436 K MT. North America is the second largest consumption region, which have two suppliers including Phillips 66 and Seadrift Coke. Major suppliers in Japan include C-Chem, JX Group, Sumitomo Corporation and Mitsubishi Chemical.

China also produces needle coke. Limited by environment pressure, most of China suppliers produce little needle coke. CNPC Jinzhou Petrochemical is an important supplier in China, which sold 50% of its products; another 50% is consumed by itself.

The global Needle Coke market was 3240 million US$ in 2018 and is expected to 4640 million US$ by the end of 2025, growing at a CAGR of 5.2% between 2019 and 2025.

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This report studies the Needle Coke market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Needle Coke in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Phillips 66

C-Chem

Seadrift Coke

JXTG Holdings

Sumitomo Corporation

Mitsubishi Chemical

Indian Oil Company

Shanxi Hongte Coal Chemical

Fangda Carbon

Shanxi Jinzhou Group

CNPC Jinzhou Petrochemical

Shandong Yida New Material

Sinosteel

By the product type, the market is primarily split into

Petroleum-Based

Coal-Based

By the end users/application, this report covers the following segments

Graphite Electrode

Special Carbon Material

Others

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