デフォルト表紙
市場調査レポート
商品コード
1561475

ニードルコークス市場レポート:タイプ、グレード、用途、最終用途産業、地域別、2024年~2032年

Needle Coke Market Report by Type, Grade, Application, End Use Industry, and Region 2024-2032


出版日
発行
IMARC
ページ情報
英文 143 Pages
納期
2~3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=143.57円
ニードルコークス市場レポート:タイプ、グレード、用途、最終用途産業、地域別、2024年~2032年
出版日: 2024年09月10日
発行: IMARC
ページ情報: 英文 143 Pages
納期: 2~3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界のニードルコークスの市場の市場規模は2023年に42億米ドルに達しました。今後、IMARC Groupは、2024年から2032年にかけて4.8%の成長率(CAGR)を示し、2032年までに市場は66億米ドルに達すると予測しています。リチウムイオン電池における高性能材料への需要増加、鉄鋼生産の拡大、継続的な技術進歩、電気自動車(EV)普及率の上昇、非従来型石油・ガス資源の探査などが、市場成長に影響を与える主な要因です。

ニードルコークスの市場分析:

  • 市場の成長と規模ニードルコークスの市場は、様々な産業におけるリチウムイオン電池、鉄鋼生産、先端材料への需要増に牽引され、力強い成長を遂げています。市場規模は数十億米ドル規模の産業であり、ニードルコークスの用途拡大による継続的な拡大が予測されています。
  • 主な市場促進要因:高品質の黒鉛電極とリチウムイオン電池を必要とするEV普及の増加と、超高出力黒鉛電極用のニードルコークスを必要とする鉄鋼産業の拡大が、市場成長の主な要因です。このほか、製造プロセスにおける大幅な技術進歩や、非在来型石油・ガス資源の探査が市場を前進させています。
  • 技術の進歩:現在進行中の技術進歩は、ニードルコークスの品質と生産効率の向上に重点を置いており、電池、鉄鋼生産、その他の高性能産業における重要な用途への適性を確保しています。さらに、持続可能で効率的な生産方法などの製造プロセスにおける革新が、ニードルコークスの市場の強化に重要な役割を果たしています。
  • 産業への応用ニードルコークスは、鉄鋼生産、リチウムイオン電池、黒鉛電極、カーボンブラック、ゴム化合物、金属ケイ素、航空宇宙など、さまざまな用途に使用されています。これに伴い、自動車、半導体、石油・ガス、精製産業における役割は、先端材料とエネルギー貯蔵におけるその重要性を強調しています。
  • 主要市場動向:ニードルコークスの市場に燃料を供給する主要動向には、高性能用途向けのスーパープレミアムグレードのニードルコークスの需要の増加や、航空宇宙や自動車分野の先端材料におけるニードルコークスの用途拡大などがあります。
  • 地理的動向:アジア太平洋地域がニードルコークスの市場を独占しており、鉄鋼産業、自動車産業、EV製造の急成長によって力強い成長を遂げています。また、自動車、鉄鋼、航空宇宙産業が牽引する北米と欧州の製品需要の増加が市場拡大に寄与しています。
  • 競合情勢:ニードルコークスの市場の主要プレーヤーは、市場ポジションを強化するため、研究開発(R&D)、生産能力拡大、合併などの戦略的取り組みを行っています。これに加えて、垂直統合、サプライチェーンの安定性、環境基準の遵守が、情勢を形成する競合要因となっています。
  • 課題と機会:環境基準を満たすための持続可能な生産方法への注目の高まりと、原材料の安定したサプライチェーンの確保が、ニードルコークスの市場の課題となっています。対照的に、電気自動車や再生可能エネルギーなどの新興産業におけるニードルコークスの需要拡大は、市場拡大の有利な機会をもたらしています。

ニードルコークスの市場の動向:

リチウムイオン電池の需要増加

世界のニードルコークスの市場を推進している主な要因の1つは、リチウムイオン電池の需要急増です。ニードルコークスは、電気自動車、家電製品、エネルギー貯蔵システムに広く使用されているリチウムイオン電池の負極を製造する上で重要な原料です。世界がより持続可能で環境に優しいエネルギー環境に移行するにつれ、EVの需要が急増しています。その結果、高性能リチウムイオン電池のニーズが高まり、ニードルコークスの需要も高まっています。さらに、高い熱伝導率や熱衝撃への耐性など、ニードルコークスのユニークな特性は、リチウムイオン電池の全体的な効率と性能を高める高品質の負極の製造に理想的な選択肢であり、市場の成長を後押ししています。

鉄鋼産業の成長とUHP黒鉛電極の重要性

ニードルコークスは超高出力(UHP)黒鉛電極の製造における主要原料であり、鉄鋼生産用の電気アーク炉で幅広く使用されているためです。ニードルコークスは、低熱膨張係数や高導電率といったユニークな物理的・化学的特性を持っており、UHP黒鉛電極の製造に不可欠な材料となっています。その結果、新興経済諸国における都市化、インフラ整備、工業化を背景とした鉄鋼業の拡大がUHP黒鉛電極の需要を大幅に増加させ、ニードルコークスの市場の成長を後押ししています。

石油・ガスセクターの進歩

石油・ガスセクターは、原油精製に使用される高品質黒鉛電極の生産において、ニードルコークスの市場において極めて重要な役割を果たしています。ニードルコークスは、極端な温度や過酷な化学環境に耐えることができるため、石油精製プロセスで使用される黒鉛電極の製造に不可欠な材料です。その結果、石油・ガス産業の盛んな拡大がニードルコークスの需要に拍車をかけています。これとは別に、シェールオイル・ガスのような非在来型石油・ガス資源の探査・採掘の増加が、業界内の様々な用途でニードルコークスの需要を高めています。

拡大する航空宇宙と自動車セクター

航空宇宙産業や自動車産業で広範な用途を見出す炭素繊維や複合材料を含む特殊炭素材料の生産におけるニードルコークスの使用の増加は、もうひとつの重要な成長促進要因として作用しています。これらの材料は自動車や航空機の軽量化に貢献し、燃費効率や全体的な性能を向上させています。これと同時に、技術革新、航空旅行の増加、先進的で低燃費の自動車に対する消費者需要の高まりによって、航空宇宙および自動車セクターの成長が加速していることも、市場拡大に有利な機会をもたらしています。これとは別に、製造業者の間で厳しい環境規制への対応と製品のエネルギー効率向上への関心が高まっていることも、市場を前進させています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界のニードルコークス市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:タイプ別

  • コールタールピッチ由来
    • 市場動向
    • 市場予測
  • 石油由来
    • 市場動向
    • 市場予測

第7章 市場内訳:グレード別

  • 中級
    • 市場動向
    • 市場予測
  • プレミアム
    • 市場動向
    • 市場予測
  • スーパープレミアム
    • 市場動向
    • 市場予測

第8章 市場内訳:用途別

  • グラファイト電極
    • 市場動向
    • 市場予測
  • シリコン金属およびフェロアロイ
    • 市場動向
    • 市場予測
  • リチウムイオン電池
    • 市場動向
    • 市場予測
  • カーボンブラック
    • 市場動向
    • 市場予測
  • ゴム化合物
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳:最終用途産業別

  • アルミニウムとスチール
    • 市場動向
    • 市場予測
  • 自動車
    • 市場動向
    • 市場予測
  • 半導体
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第10章 市場内訳:地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第11章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第14章 価格分析

第15章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Asbury Carbons Inc.
    • GrafTech International Ltd.
    • Graphite India Limited
    • Mitsubishi Chemical Holdings Corporation
    • Nippon Steel Chemical & Material Co., Ltd.
    • Phillips 66 Company
    • Sojitz Corporation
    • Sumitomo Corporation
図表

List of Figures

  • Figure 1: Global: Needle Coke Market: Major Drivers and Challenges
  • Figure 2: Global: Needle Coke Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Needle Coke Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Needle Coke Market: Breakup by Type (in %), 2023
  • Figure 5: Global: Needle Coke Market: Breakup by Grade (in %), 2023
  • Figure 6: Global: Needle Coke Market: Breakup by Application (in %), 2023
  • Figure 7: Global: Needle Coke Market: Breakup by End Use Industry (in %), 2023
  • Figure 8: Global: Needle Coke Market: Breakup by Region (in %), 2023
  • Figure 9: Global: Needle Coke (Coal-tar Pitch Derived) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Needle Coke (Coal-tar Pitch Derived) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Needle Coke (Petroleum Derived) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Needle Coke (Petroleum Derived) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Needle Coke (Intermediate) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Needle Coke (Intermediate) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Needle Coke (Premium) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Needle Coke (Premium) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Needle Coke (Super Premium) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Needle Coke (Super Premium) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Needle Coke (Graphite Electrodes) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Needle Coke (Graphite Electrodes) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Needle Coke (Silicon Metal and Ferroalloys) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Needle Coke (Silicon Metal and Ferroalloys) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Needle Coke (Lithium-ion Battery) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Needle Coke (Lithium-ion Battery) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Needle Coke (Carbon Black) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Needle Coke (Carbon Black) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Needle Coke (Rubber Compounds) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Needle Coke (Rubber Compounds) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Global: Needle Coke (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Needle Coke (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Global: Needle Coke (Aluminum and Steel) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Global: Needle Coke (Aluminum and Steel) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: Global: Needle Coke (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: Global: Needle Coke (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: Global: Needle Coke (Semiconductor) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: Global: Needle Coke (Semiconductor) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Global: Needle Coke (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Global: Needle Coke (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: North America: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: North America: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: United States: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: United States: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: Canada: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: Canada: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: Asia-Pacific: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: Asia-Pacific: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: China: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: China: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Japan: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Japan: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: India: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: India: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: South Korea: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: South Korea: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: Australia: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: Australia: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: Indonesia: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: Indonesia: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: Others: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: Others: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: Europe: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: Europe: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Germany: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Germany: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: France: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: France: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: United Kingdom: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: United Kingdom: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: Italy: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: Italy: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Spain: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: Spain: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Russia: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Russia: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 75: Others: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 76: Others: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Latin America: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 78: Latin America: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Brazil: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 80: Brazil: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 81: Mexico: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 82: Mexico: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 83: Others: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 84: Others: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 85: Middle East and Africa: Needle Coke Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 86: Middle East and Africa: Needle Coke Market: Breakup by Country (in %), 2023
  • Figure 87: Middle East and Africa: Needle Coke Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 88: Global: Needle Coke Industry: SWOT Analysis
  • Figure 89: Global: Needle Coke Industry: Value Chain Analysis
  • Figure 90: Global: Needle Coke Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Needle Coke Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Needle Coke Market Forecast: Breakup by Type (in Million US$), 2024-2032
  • Table 3: Global: Needle Coke Market Forecast: Breakup by Grade (in Million US$), 2024-2032
  • Table 4: Global: Needle Coke Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 5: Global: Needle Coke Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
  • Table 6: Global: Needle Coke Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 7: Global: Needle Coke Market: Competitive Structure
  • Table 8: Global: Needle Coke Market: Key Players
目次
Product Code: SR112024A4765

The global needle coke market size reached US$ 4.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032. The increasing demand for high-performance materials in lithium-ion batteries, expanding steel production, ongoing technological advancements, rising electric vehicle (EV) adoption, and the exploration of unconventional oil and gas resources are some of the key factors influencing market growth.

Needle Coke Market Analysis:

  • Market Growth and Size: The needle coke market is experiencing robust growth, driven by the increasing demand for lithium-ion batteries, steel production, and advanced materials across various industries. The market size reflects a multi-billion-dollar industry, with projections indicating continued expansion due to the rising applications of needle coke.
  • Major Market Drivers: The increasing EV adoption necessitating high-quality graphite electrodes and lithium-ion batteries, and the expanding steel industry requiring needle coke for ultra-high-power graphite electrodes are prime factors driving the market growth. Besides this, significant technological advancements in manufacturing processes and the exploration of unconventional oil and gas resources are propelling the market forward.
  • Technological Advancements: Ongoing technological advancements focus on enhancing needle coke quality and production efficiency, ensuring its suitability for critical applications in batteries, steel production, and other high-performance industries. Moreover, innovations in manufacturing processes, such as sustainable and efficient production methods, play a crucial role in strengthening the needle coke market.
  • Industry Applications: Needle coke finds diverse applications in steel production, lithium-ion batteries, graphite electrodes, carbon black, rubber compounds, silicon metal, and aerospace, reflecting its versatility across multiple industries. In line with this, its role in the automotive, semiconductor, oil and gas, and refining industries underscores its significance in advanced materials and energy storage.
  • Key Market Trends: The key trends fueling the needle coke market include the increasing demand for super premium grade needle coke for high-performance applications and the expanding use of needle coke in advanced materials for aerospace and automotive sectors.
  • Geographical Trends: The Asia Pacific region dominates the needle coke market, with robust growth attributed to the flourishing steel industry, automotive sector, and the surge in EV manufacturing. Additionally, the growing product demand from North America and Europe driven by the automotive, steel, and aerospace industries is aiding in market expansion.
  • Competitive Landscape: The leading players in the needle coke market are engaging in strategic initiatives such as research and development (R&D), capacity expansions, and mergers to strengthen their market positions. Besides this, vertical integration, supply chain stability, and adherence to environmental standards are critical factors shaping the competitive landscape of the needle coke market.
  • Challenges and Opportunities: The rising focus on sustainable production methods to meet environmental standards and ensuring a stable supply chain for raw materials are creating challenges for the needle coke market. In contrast, the growing demand for needle coke in emerging industries, such as EVs and renewable energy is presenting lucrative opportunities for market expansion.

Needle Coke Market Trends:

Increasing demand for lithium-ion batteries:

One of the primary factors propelling the global needle coke market is the soaring demand for lithium-ion batteries. Needle coke is a crucial raw material in the production of anodes for lithium-ion batteries, which are widely used in EVs, consumer electronics, and energy storage systems. As the world transitions towards a more sustainable and eco-friendly energy landscape, there is a surging demand for EVs. Consequently, this has led to an increased need for high-performance lithium-ion batteries, which, in turn, is bolstering the demand for needle coke. Furthermore, the unique properties of needle coke, such as high thermal conductivity and resistance to thermal shock, making it an ideal choice for manufacturing high-quality anodes that enhance the overall efficiency and performance of lithium-ion batteries is impelling the market growth.

Growing steel industry and the importance of UHP graphite electrodes

The robust growth of the steel industry is contributing to the market growth, as needle coke is a key ingredient in the production of ultra-high-power (UHP) graphite electrodes, which find extensive application in electric arc furnaces for steel production. Needle coke's unique physical and chemical properties, such as low coefficient of thermal expansion and high electrical conductivity, make it an indispensable material for the manufacturing of UHP graphite electrodes. As a result, the steel industry's expansion, driven by urbanization, infrastructure development, and industrialization in emerging economies, has significantly increased the demand for UHP graphite electrodes, thereby bolstering the growth of the needle coke market.

Advancements in the oil and gas sector

The oil and gas sector plays a pivotal role in the needle coke market for the production of high-quality graphite electrodes used in the refining of crude oil. Needle coke's ability to withstand extreme temperatures and harsh chemical environments makes it an essential material for the production of graphite electrodes used in oil refining processes. Consequently, the flourishing expansion of the oil and gas industry is fueling the demand for needle coke. Apart from this, the increasing exploration and extraction of unconventional oil and gas resources, such as shale oil and gas, are heightening the demand for needle coke in various applications within the industry.

Expanding aerospace and automotive sectors

The increasing use of needle coke in the production of specialty carbon materials, including carbon fibers and composites, which find extensive applications in the aerospace and automotive industries is acting as another significant growth-inducing factor. These materials contribute to the lightweight of vehicles and aircraft, thereby enhancing fuel efficiency and overall performance. Concurrent with this, the bolstering growth of the aerospace and automotive sectors, driven by technological innovations, increasing air travel, and rising consumer demand for advanced and fuel-efficient vehicles are presenting lucrative opportunities for market expansion. Apart from this, the rising focus on meeting stringent environmental regulations among manufacturers and improving the energy efficiency of their products is propelling the market forward.

Needle Coke Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on type, grade, application and end use industry.

Breakup by Type:

  • Coal-tar Pitch Derived
  • Petroleum Derived

Petroleum derived accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the type. This includes coal-tar pitch-derived and petroleum-derived. According to the report, petroleum derived represented the largest segment.

The escalating need for high-performance electrodes in electric arc furnaces for steel production is mainly driving the demand for petroleum-derived needle coke. As the steel industry witnesses robust growth, particularly in emerging economies undergoing rapid industrialization, there is a rising demand for ultra-high-power (UHP) graphite electrodes derived from petroleum needle coke which is bolstering the market growth. In confluence with this, significant advancements in steel manufacturing technologies and the increasing preference for more efficient and sustainable production processes in the steel industry are supporting the market growth.

Moreover, the growing demand for coal-tar pitch-derived needle coke is primarily fueled by its crucial role in the production of high-quality graphite electrodes for use in electric arc furnaces. As the steel industry expands, the need for needle coke derived from coal-tar pitch increases, driven by its unique characteristics, including high density, low impurity levels, and favorable electrical conductivity.

Breakup by Grade:

  • Intermediate
  • Premium
  • Super Premium

Super premium holds the largest share in the industry

A detailed breakup and analysis of the market based on the grade have also been provided in the report. This includes intermediate, premium, and super premium. According to the report, super premium accounted for the largest market share.

The increasing use of super premium grade needle coke in the production of ultra-high-power (UHP) graphite electrodes, specifically in applications requiring high thermal conductivity and structural integrity is aiding in market expansion. Industries such as aerospace, automotive, and oil refining, where stringent performance requirements are essential, are increasingly relying on super-premium grade needle coke to manufacture advanced carbon materials, thereby impelling the market growth. Besides this, ongoing technological advancements in these sectors spurring the demand for high-performance materials that can withstand extreme conditions and provide superior conductivity is propelling the preference for super premium grade needle coke to meet the evolving needs of these demanding applications.

The rising demand for intermediate and premium-grade needle coke is propelled by their versatility and suitability for various applications in steel, lithium-ion batteries, and other industries. These grades of needle coke find applications in the production of graphite electrodes for electric arc furnaces and anodes for lithium-ion batteries. Industries seeking a balance between cost-effectiveness and high-performance characteristics often prefer intermediate and premium-grade needle coke.

Breakup by Application:

  • Graphite Electrodes
  • Silicon Metal and Ferroalloys
  • Lithium-ion Battery
  • Carbon Black
  • Rubber Compounds
  • Others

Graphite electrodes represent the leading market segment

The report has provided a detailed breakup and analysis of the market based on the application. This includes graphite electrodes, silicon metal and ferroalloys, lithium-ion battery, carbon black, rubber compounds, and others. According to the report, graphite electrodes represented the largest segment.

The needle coke's exceptional physical and electrical properties make it an indispensable material for manufacturing high-quality graphite electrodes, which play a vital role in the steelmaking process by providing the necessary electrical conductivity and resistance to extreme temperatures, thereby contributing to the efficiency and sustainability of steel production methods. As a result, the increasing global production of steel through electric arc furnaces (EAFs) is propelling the market growth.

Apart from its extensive application in graphite electrodes, needle coke finds a wide range of usage across the silicon metal and ferroalloys sector for the production of electrodes used in the smelting process. Apart from this, the widespread product utilization in the lithium-ion battery industry in anode production is acting as another crucial factor influencing the market growth. Furthermore, needle coke is integral to the manufacturing of carbon black, widely used in tire production, and rubber compounds, which is further providing an impetus to the market growth.

Breakup by End Use Industry:

  • Aluminum and Steel
  • Automotive
  • Semiconductor
  • Others

A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes aluminum and steel, automotive, semiconductor, and others.

The increasing demand for needle coke across the aluminum and steel industry, in the production of high-quality graphite electrodes used in electric arc furnaces, contributing to efficient metal smelting is bolstering the market growth. In addition to this, the automotive sector's increasing utilization of needle coke for the manufacturing of lithium-ion batteries, essential for EVs is presenting lucrative opportunities for market expansion. Moreover, the growing use of needle coke across the semiconductor industry in the production of silicon metal, a key component in semiconductor manufacturing processes is impelling the market growth. Besides this, needle coke's role in aerospace and oil refining, where its unique properties are harnessed for advanced materials is creating a favorable outlook for market expansion.

Breakup by Region:

  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Asia Pacific leads the market, accounting for the largest needle coke market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

The Asia Pacific region's expanding steel and automotive industries, coupled with the surge in electric vehicle adoption are contributing to the growth of the needle coke market. In line with this, the rapid industrialization and infrastructure development in countries like China and India leading to an increased demand for steel, are boosting the demand for needle coke in graphite electrodes. Moreover, the expanding production of lithium-ion batteries for EVs has further heightened the demand for needle coke in the Asia Pacific region.

Concurrent with this, North America's expanding electric vehicle market and the need for high-quality graphite electrodes in steel production are fueling the market growth. Furthermore, the thriving automotive and aerospace industries of Europe, emphasizing advanced materials are aiding in market expansion. Besides this, rapid industrialization and expanding infrastructural development across Latin America and the Middle East and Africa are positively impacting the market growth.

Leading Key Players in the Needle Coke Industry:

The global needle coke market exhibits a competitive landscape characterized by key players vying for market share through strategic initiatives and technological advancements. Major industry participants are engaged in intensive R&D activities to enhance product quality and meet the evolving demands of end-use industries. These companies often focus on vertical integration, securing a stable supply chain, and forming strategic partnerships to strengthen their market position. Additionally, factors such as capacity expansions, mergers, and acquisitions play a crucial role in shaping the competitive dynamics of the needle coke market. The market's competitive nature is further accentuated by the necessity for sustainable and efficient production processes, meeting stringent environmental standards, and adapting to the dynamic demands of key sectors like lithium-ion batteries, steel, oil and gas, and aerospace.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • Asbury Carbons Inc.
  • GrafTech International Ltd.
  • Graphite India Limited
  • Mitsubishi Chemical Holdings Corporation
  • Nippon Steel Chemical & Material Co., Ltd.
  • Phillips 66 Company
  • Sojitz Corporation
  • Sumitomo Corporation

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

  • In December 2023, Mott Corporation announced a new eight-figure agreement with South Korean refinery S-OIL. Mott and its Korean partner DL E&C are teaming up to provide critical filtration technology for S-OIL's groundbreaking Shaheen project in Ulsan, South Korea.
  • In November 2023, Nippon Steel Corporation announced its indirect acquisition of 20% interest in Elk Valley Resources (EVR JV), which is the steelmaking coal business partnership sold by Teck Resources Limited (Teck),

Key Questions Answered in This Report

  • 1. What was the size of the global needle coke market in 2023?
  • 2. What is the expected growth rate of the global needle coke market during 2024-2032?
  • 3. What are the key factors driving the global needle coke market?
  • 4. What has been the impact of COVID-19 on the global needle coke market?
  • 5. What is the breakup of the global needle coke market based on the type?
  • 6. What is the breakup of the global needle coke market based on the grade?
  • 7. What is the breakup of the global needle coke market based on the application?
  • 8. What are the key regions in the global needle coke market?
  • 9. Who are the key players/companies in the global needle coke market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting 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

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

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 GrafTech International Ltd.
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
      • 15.3.2.4 SWOT Analysis
    • 15.3.3 Graphite India Limited
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
    • 15.3.4 Mitsubishi Chemical Holdings Corporation
      • 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 Nippon Steel Chemical & Material Co., Ltd.
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 Phillips 66 Company
      • 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 Sojitz 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 Sumitomo Corporation
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
      • 15.3.8.4 SWOT Analysis