The petroleum coke market report by Transparency Market Research
provides in-depth analysis of the global petroleum coke industry. The
report divides the market based on product segment, end-use segment
and regional segment. It also provides forecast and estimates for
each segment. The report analyzes demand and supply characteristics
of the market by providing detailed forecast and analysis of volume
and revenue for the period from 2014 to 2020.
The petroleum coke market primarily includes two types of petroleum
coke: fuel grade coke and calcined coke. Fuel grade coke is expected
to be the most dominant type of petroleum coke in terms of product
segment in the near future. Fuel grade coke is primarily used in
cement kilns and power plants owing to less cost and high calorific
value. Growth in population and emerging economies propel demand for
fuel grade coke, especially in countries in Asia Pacific such as
India and China. Small quantity of fuel grade coke is sufficient to
generate large quantity of electricity. Calcined coke
finds major application in aluminum, paints and colorings, steel and
fertilizer industries in the production of titanium dioxide.
Asia Pacific and Europe are the major importers of petroleum coke.
Emerging economies in Asia pacific such as China and India employ a
large percentage of petroleum coke in cement kilns and power plants.
In China, majority of the petroleum coke is used in the generation of
electricity in power plants. Large percentage of petroleum coke is
used in the cement kilns industry in India. This is due to growth in
population and rapid industrialization in India and China. Led by
large import of petroleum coke, Asia Pacific emerged as the most
dominating market for petroleum coke in terms of demand. Currently,
the U.S. is the dominant exporter of petroleum coke. Small quantity
of petroleum coke is sufficient to produce high quantity of heat.
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Hence, large quantity of electricity is produced at a cheaper rate
due to low cost of petroleum coke. Europe is the second-highest
importer of petroleum coke due to rising demand for electricity in
the region. Thus, petroleum coke is a preferred fuel over coal and
natural gas owing to its easy and timely availability. Significant
demand for petcoke exists in the Middle East and Latin America due to
increasing infrastructure development and rising population in these
regions. Various crude oil refining companies are establishing
delayed coking units in order to produce petroleum coke domestically.
Calcining, power plants, cement kilns, blast furnace and other
segments such as paper, fertilizer, and paints and colorings are the
end-use segments of petroleum coke. Power plants and cement kilns are
the fastest growing segments globally.
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Asia Pacific, North America, Europe and Rest of the World (RoW) are
the major geographical areas covered in the report. Each geographical
region has been further bifurcated based on product segment and
end-use segment. Volume forecasts and estimates for each segment have
been provided for the period from 2014 to 2020.
The report also provides detailed analysis and revenue of companies
such as BP Plc, Chevron Corporation, Essar Oil Ltd., ExxonMobil
Corporation, HPCL – Mittal Energy Limited, Indian Oil Corporation
Limited, Reliance Industries Limited, Royal Dutch Shell Plc, Saudi
Arabia Oil Company and Valero Energy Corporation. The report provides
detailed analysis of the various factors influencing the petroleum
coke industry with the help of Porter’s five forces analysis. The
analysis also helps understand the degree of competition prevalent in
the market. Furthermore, the report analyzes value chain and various
drivers and restraints of the petroleum coke market.
Petroleum
Coke Market: Product Type Analysis
- Fuel Grade Coke
- Calcined Coke
Petroleum Coke Market: End Use Segment Analysis
- Calcining
- Power Plants
- Cement Kilns
- Blast Furnace
- Others
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