Stratview Research has recently published a report on the Petcoke Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.

The market is segmented by Grade Type (Fuel Grade and Calcined Grade), by Physical Form Type (Sponge Coke, Purge Coke, Shot Coke, and Needle Coke), by Application Type (Power Plants, Cement Industry, Steel Industry, Aluminum Industry, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Petcoke Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Petcoke Market is projected to grow from USD 18 billion in 2021 to USD 34.63 billion in 2028 at a CAGR of 9.8% during the forecast period.

Some of the companies drive the market growth:

• BP
• Cocan Graphite Trammo
• ExxonMobil
• Marathon Petroleum
• Reliance
• Atha Group
• Saudi Aramco
• Rain CII
• Essar Oil
• Corporation 

To download a free sample of the report, Click Here: https://www.stratviewresearch.com/Request-Sample/1886/petcoke-market.html#form

Segments Analysis

By Physical Form Type

The market is segmented as sponge coke, purge coke, shot coke, and needle coke. The market for needle petcoke is estimated to grow by more than 10% during the forecast period. The growing demand for steel and aluminium will foster the product demand, driven by the growing construction, automobiles and transportation sectors. In addition, rapid marketing and industrialization will further enhance industrial growth in the coming years, primarily in the developing economies.

By Region

The petcoke industry was estimated at more than 2 billion in North America in 2016, and is all set to grow significantly over the forecast period. Business growth is majorly driven by positive perspectives for the expansion of the primary metal industry and continuous investments made in refinery expansion. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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