封面
市场调查报告书
商品编码
1618444

针状焦的全球市场规模:按类型、等级、应用、地区、范围和预测

Global Needle Coke Market Size By Type, By Grade, By Application, By Geographic Scope And Forecast

出版日期: | 出版商: Verified Market Research | 英文 202 Pages | 商品交期: 2-3个工作天内

价格
简介目录

针状焦市场规模及预测

2024年针状焦市场规模为3.5567亿美元,预计2024年至2031年复合年增长率为3.68%,预计到2031年将达到4.7491亿美元。针状焦是主要来自石油或煤焦油的高级碳材料。它具有针状结构,这对于各种高温应用的性能非常重要。针状焦的生产涉及热解和熔炼的复杂过程。这通常包括原料的延迟焦化、挥发性组分的去除以及脱羧以提高碳含量和结构性能。针状焦具有热膨胀係数低、导电率高、纯度高、热稳定性优良等特性。这些特性使其成为生产炼钢电弧炉所用石墨电极的重要材料。

针状焦主要有两种:石油基和煤焦油基。石油基针状焦是由石油精炼过程中的重油馏分生产的,而煤焦油基针状焦是透过煤焦油的蒸馏获得的,煤焦油是炼钢焦炭生产的另一种产品。

针状焦的主要用途是生产钢厂电弧炉的石墨电极。由于其优异的性能,也用于锂离子电池、核反应器等高温、高应力环境的生产。

对针状焦的需求是由钢铁产量增加、电弧炉采用增加以及电动汽车和消费电子产品中锂离子电池需求增加所推动的。向更绿色、更有效率的炼钢製程的转变进一步推动了市场的发展。

针状焦生产是资本密集的,需要特定的原材料质量,这限制了供应。环境法规和合适原料的供应也是课题。此外,石油价格的波动和替代材料的进步可能会影响针状焦市场动态。

世界针状焦市场动态

塑造全球针状焦市场的主要市场动态

主要市场驱动因子

对锂离子电池的需求不断增加:

由于电动车 (EV) 的普及和对能源储存方案的需求不断增长,针状焦是锂离子电池生产的重要原料,需求量很大。

不断发展的钢铁工业:

钢铁生产中使用的电弧炉所需的石墨电极大部分由针状焦製成。针状焦的需求受到钢铁业扩张的推动,特别是在新兴市场。

科技发展与进步:

技术发展和进步:针状焦因其独特的品质和对高温应用的适用性而推动着需求,特别是在钢铁和铝业的工业过程中。

市场对特种石墨产品的需求不断成长:

用于核电、飞机零件和高性能运动器材的石墨只是使用针状焦製造的产品的几个例子。由于这些特种产品的需求不断增加,针状焦市场正在扩大。

加强环境法规:

世界各国政府正在加强环境法规,以减少钢铁和铝等产业的排放。因此,生产商正在引进更环保和高效的生产技术,并经常使用优质针状焦。

投资再生能源基础设施

全球对太阳能和风能等再生能源的推动推动了风力涡轮机叶片和其他再生能源基础设施零件製造中对针状焦的需求,预计这将进一步推动市场扩张。

增加研发活动:

正在进行研发工作,透过提高针状焦的性能和降低製造成整体提高产品品质和製造流程,从而为市场扩张做出贡献。

主要问题

製造成本高:

针状焦的生产需要几个复杂且能源密集的步骤,这增加了生产成本。这可能是市场扩张的主要障碍,特别是对于中小型生产商来说,他们可能会发现很难与更成熟的公司竞争。

原料可用性限制:

针状焦的主要原料是石油原料,如煤焦油沥青、滗油等,较为稀有。这些原料的成本和可用性的变化可能会限制针状焦生产并阻碍产业扩张。

严格的环境法规:

在某些情况下,环境法规可能会增加对针状焦的需求,但製造商可能会因合规义务而面临困难。满足环境标准可能需要投资污染控制系统或改变生产工艺,从而增加营运成本。

最终用途产业波动性:

针状焦市场与钢铁、铝和锂离子电池等市场和经济衰退敏感产业密切相关。由于最终用途行业的不确定性,针状焦的需求可能会波动,这可能会为市场稳定和扩张带来问题。

用替代材质替换:

在某些应用中,替代材料和技术可能会与针状焦竞争。例如,人造石墨可以在某些应用中取代针状焦。此外,电池技术的改进可能会减少对石墨电极的需求,进而影响针状焦市场。

贸易壁垒与关税:

贸易争端和征收关税可能会扰乱全球针状焦供应链,导致生产商和消费者短缺和更高的成本。贸易限制还可能阻止针状焦生产商扩大业务并限制市场准入。

健康与安全问题:

由于暴露于高温和危险化学品,针状焦的处理和生产会带来职业健康和安全风险。严格遵守安全法并采取适当的安全预防措施是必要的,但这也会导致生产成本增加。

主要趋势:

钢铁和电池产业的需求不断增加:

针状焦市场的主要推动因素是钢铁和电池产业需求的成长。针状焦是石墨电极的重要原料,石墨电极是电炉炼钢(EAF)和锂离子电池製造所必需的。

对石油衍生针状焦的偏好改变:

与煤沥青衍生的针状焦相比,石油衍生的针状焦具有卓越的品质和一致性,因此预计将有更高的成长。此外,一座专门生产石油针状焦的独立工厂正在建设中,以确保更可靠的供应。

人们对环境永续性的兴趣日益浓厚:

环境法规正在迫使钢铁製造商寻求清洁生产方法。高品质针状焦可提高钢铁生产效率并减少整体碳足迹。

向新兴经济体进行地域扩张:

中国、印度和东南亚等国家对钢铁和电池生产的需求不断增长,预计将推动这些地区的针状焦市场。

针状焦生产的技术进步:

製造商不断创新,改良针状焦生产流程。这包括优化精炼技术和探索针状焦生产的替代原料。

针状焦市场整合:

随着大公司收购小公司以扩大其生产能力和地理范围,市场正在经历整合。

原物料价格变动:

受原油等原料价格波动影响,针状焦价格可能不稳定。这可能会影响钢铁和电池製造商的获利能力。

加强品质与安全法规:

随着对高品质针状焦的需求增加,有关生产过程中的品质控制和工人安全的法规变得越来越严格。这会影响生产成本并影响利润率。

目录

第1章简介

  • 市场定义
  • 市场区隔
  • 调查方法

第 2 章执行摘要

  • 主要发现
  • 市场概览
  • 市场亮点

第3章市场概述

  • 市场规模与成长潜力
  • 市场趋势
  • 市场推动因素
  • 市场阻碍因素
  • 市场机会
  • 波特五力分析

第 4 章针状焦市场:依类型

  • 石油基针状焦
  • 煤基针状焦

第 5 章针状焦市场:依等级

  • 中级针状焦
  • 特级针状焦

第 6 章针状焦市场:依应用划分

  • 石墨电极
  • 锂离子电池
  • 特种石墨製品
  • 其他

第7章区域分析

  • 北美
  • 美国
  • 加拿大
  • 墨西哥
  • 欧洲
  • 英国
  • 德国
  • 法国
  • 义大利
  • 亚太地区
  • 中国
  • 日本
  • 印度
  • 澳大利亚
  • 拉丁美洲
  • 巴西
  • 阿根廷
  • 智利
  • 中东/非洲
  • 南非
  • 沙乌地阿拉伯
  • 阿拉伯联合大公国

第 8 章市场动态

  • 市场推动因素
  • 市场阻碍因素
  • 市场机会
  • 新冠肺炎 (COVID-19) 对市场的影响

第9章竞争态势

  • 主要公司
  • 市占率分析

第10章公司简介

  • Mitsubishi Chemical Holding Corporation
  • Indian Oil Corporation
  • Phillips 66
  • JXTG Holdings Inc.
  • C-Chem Co., LTD.
  • Petroleum Coke Industries Company K.S.C.
  • Baotailong New Material Co., Ltd.
  • Sinopec Shanghai Petrochemical Company Limited
  • Shanxi Hongte Coal Chemical Co Ltd.
  • GrafTech International Holdings Inc.

第 11 章市场前景与机会

  • 新兴技术
  • 未来市场趋势
  • 投资机会

第12章附录

  • 缩写列表
  • 来源与参考文献
简介目录
Product Code: 9830

Needle Coke Market Size And Forecast

Needle Coke Market size was valued at USD 355.67 Million in 2024 and is projected to reach USD 474.91 Million by 2031 , growing at a CAGR of 3.68 % from 2024 to 2031. Needle coke is a high-grade carbon material derived primarily from petroleum or coal tar. It is distinguished by its needle-like structure, which is critical for its performance in various high-temperature applications. The production of needle coke involves a complex process of thermal decomposition and refining. This typically includes delayed coking of feedstocks, followed by calcination to remove volatile components, and enhance its carbon content and structural properties. Needle coke is characterized by its low coefficient of thermal expansion, high electrical conductivity, high purity, and excellent thermal stability. These properties make it an essential material in the production of graphite electrodes used in electric arc furnaces for steelmaking.

There are two primary types of needle coke: petroleum-based and coal-tar-based. Petroleum-based needle coke is produced from heavy oil fractions in the oil refining process, while coal-tar-based needle coke is derived from the distillation of coal tar, a byproduct of coke production in steelmaking.

The primary application of needle coke is in the manufacture of graphite electrodes for electric arc furnaces in steel mills. It is also used in the production of lithium-ion batteries, nuclear reactors, and other high-temperature and high-stress environments due to its superior properties.

The demand for needle coke is driven by the growing steel production, the increasing adoption of electric arc furnaces, and the rising demand for lithium-ion batteries in electric vehicles and consumer electronics. The shift towards greener and more efficient steelmaking processes further boosts its market.

The production of needle coke is capital-intensive and requires specific feedstock quality, which limits its supply. Environmental regulations and the availability of suitable raw materials also pose challenges. Additionally, fluctuations in oil prices and advancements in alternative materials can impact the needle coke market dynamics.

Global Needle Coke Market Dynamics

The key market dynamics that are shaping the global needle coke market include:

Key Market Drivers

Growing Industry Demand for Lithium-Ion Batteries:

Needle coke, an essential ingredient in the creation of lithium-ion batteries, is in high demand because to the growing popularity of electric vehicles (EVs) and the growing need for energy storage options.

Growing Steel Industry:

Graphite electrodes, which are necessary for electric arc furnaces used to produce steel, are made largely from needle coke. Needle coke demand is being driven by the expansion of the steel industry, especially in emerging markets.\

Technological developments and advances:

in industrial processes, particularly in the steel and aluminium sectors, are driving up demand for needle coke because of its distinctive qualities and fit for high-temperature applications.

Growing Market Need for Specialty Graphite goods:

nuclear graphite, aircraft parts, and high-performance sports gear are just a few of the goods made using needle coke. The Needle Coke Market is expanding due to the rising demand for these specialized items.

Stronger environmental rules:

To reduce emissions from industries like steel and aluminum, governments around the world are enforcing stronger environmental rules. Because of this, producers are implementing more eco-friendly and productive production techniques, which frequently call for premium needle coke.

Investments in Renewable Energy Infrastructure:

The demand for needle coke in the manufacture of wind turbine blades and other renewable energy infrastructure components is being driven by the worldwide push towards renewable energy sources like solar and wind power, which is further propelling the market expansion.

Increasing Research and Development Activities:

By boosting needle coke's performance features and lowering production costs, ongoing research and development initiatives aimed at improving the product's qualities and manufacturing procedures are helping to expand the market.

Key Challenges:

High Production Costs:

Making needle coke requires several intricate and energy-intensive procedures, which raises the cost of production. This can significantly impede market expansion, especially for small and medium-sized producers who could find it difficult to compete with more established firms.

Restricted Accessibility of Raw Materials:

The main source of needle coke is petroleum feedstocks, which are scarce and include coal tar pitch and decant oil. Changes in the cost and availability of these raw materials may limit needle coke production and impede the expansion of the industry.

Tight Environmental rules:

In some cases, environmental rules may increase the demand for needle coke, but because of the compliance requirements, manufacturers may face difficulties. Investing in pollution control systems or altering production processes may be necessary to meet environmental standards, which will raise operating expenses.

End-Use Industry Volatility:

The Needle Coke Market is strongly related to sectors that are vulnerable to market and economic downturns, including steel, aluminum, and lithium-ion batteries. The demand for needle coke may fluctuate due to uncertainties in the end-use industries, which could provide problems for the stability and expansion of the market.

Substitution by Alternative Materials:

Alternative materials or technologies may compete with needle coke in some applications. For instance, in some applications, synthetic graphite can replace needle coke. Moreover, improvements in battery technology may lessen the requirement for graphite electrodes, which would affect the market for needle coke.

Trade Barriers and Tariffs:

Trade disputes and tariff impositions have the potential to cause disruptions in the global needle coke supply chain, resulting in shortages or higher costs for producers and consumers. Trade restrictions can also prevent producers of needle coke from expanding their business and restrict their access to markets.

Health and Safety Concerns:

The handling and production of needle coke present risks to occupational health and safety because of high temperatures and exposure to dangerous chemicals. Strict adherence to safety laws and the application of appropriate safety precautions are necessary, but they can also raise manufacturing expenses.

Key Trends:

Rising Demand from Steel and Battery Industries:

The primary driver of the needle coke market is the increasing demand from the steel and battery industries. Needle coke is a crucial raw material for graphite electrodes, essential for electric arc furnace (EAF) steel production and lithium-ion battery manufacturing.

Shifting Preference Towards Petroleum-Derived Needle Coke:

Petroleum-derived needle coke is expected to see higher growth due to its superior quality and consistency compared to coal tar pitch-derived needle coke. Additionally, dedicated standalone plants for petroleum needle coke production are being built, ensuring a more reliable supply.

Growing Focus on Environmental Sustainability:

Environmental regulations are prompting steel manufacturers to look for cleaner production methods. High-quality needle coke allows for more efficient steel production, reducing the overall carbon footprint.

Geographical Expansion into Developing Economies:

The increasing demand for steel and battery production in countries like China, India, and Southeast Asia is expected to propel the needle coke market in these regions.

Technological Advancements in Needle Coke Production:

Manufacturers are constantly innovating to improve needle coke production processes. This includes optimizing refining techniques and exploring alternative feedstocks for needle coke production.

Consolidation in the Needle Coke Market:

The market is witnessing consolidation as larger players acquire smaller companies to expand their production capacity and geographical reach.

Fluctuating Prices of Raw Materials:

The price of needle coke can be volatile due to fluctuations in the prices of crude oil and other raw materials. This can impact the profitability of steel and battery manufacturers.

Stricter Regulations on Quality and Safety:

As the demand for high-quality needle coke grows, regulations on quality control and worker safety during production are becoming stricter. This can influence production costs and impact profit margins.

Global Needle Coke Market Regional Analysis

Here is a more detailed regional analysis of the global needle coke market:

North America

North America is significantly dominating the needle coke market and is expected to continue its growth throughout the forecast period, owing to several variables.

North America, notably the United States, has a long-standing steel production business that mainly relies on electric arc furnaces. This creates a substantial demand for needle coke, which is required for graphite electrodes used in EAFs.

The region has made significant advances in industrial techniques and materials science, including the creation and refinement of high-quality needle coke. This technological advantage helps North America maintain its market supremacy.

North America is home to some of the world's largest needle coke producers, including Phillips 66 and Seadrift Coke LP. These companies have large production capacities and a lengthy history of innovation in their fields.

The needle coke market's growth and durability are supported by North America's economic stability and industrial capacity. This includes a strong infrastructure and a suitable business climate.

Lithium-ion batteries for electric vehicles (EVs), which use high-purity needle coke in battery anodes, are experiencing an increase in demand. This diversification contributes to market stability and growth.

The regulatory environment in North America is favorable to the growth of the needle coke market, with precise norms and regulations that ensure product quality and environmental compliance.

Research and Development: Significant investment in R&D by both corporate and public organizations aids in the development of new applications and the efficiency of needle coke production. This continual innovation keeps North America at the top of the market.

North America's well-developed logistics and supply chain infrastructure guarantees that needle coke is distributed and exported efficiently, adding to its market supremacy.

Asia Pacific

Asia Pacific is anticipated to be the fastest-growing region in the needle coke market. The Asia Pacific region is undergoing rapid industrialization, particularly in China and India. This industrial growth increases demand for steel production, which raises the need for needle coke in EAFs.

Asia Pacific is seeing a surge in the use of more ecologically friendly steel production processes, such as EAFs. This move considerably increases the demand for graphite electrodes, and thus needle coke.

Asia Pacific is a major hub for electric car manufacture, particularly in China. The growing production of EVs pushes up demand for lithium-ion batteries, which use needle coke in the anodes, adding to market expansion.

Large-scale infrastructural projects in India, Indonesia, and Vietnam are increasing steel consumption, driving demand for needle coke. Government attempts to upgrade infrastructure are a significant growth factor.

New companies in the needle coke market are emerging in Asia Pacific, owing to rising local demand and investments in production facilities. This regional production helps meet expanding demand while reducing reliance on imports.

The region's governments are promoting industrial growth through favorable policies and investments in high-technology manufacturing. Policies that promote green technologies also help to increase the adoption of EAFs and related markets.

Many Asia Pacific countries experience rapid economic growth, which boosts total industrial output and consumption. This economic dynamism helps to the rapid expansion of the needle coke market.

In Asia Pacific, both the commercial and public sectors are investing in the development of sophisticated materials, such as needle coke, to support a wide range of high-tech applications.

Global Needle Coke Market Segmentation Analysis

The Global Needle Coke Market is segmented based on Type, Grade, Application, And Geography.

Needle Coke Market, By Type

  • Petroleum-Based Needle Coke
  • Coal-Based Needle Coke

Based on Type, the Needle Coke Market is bifurcated into Petroleum-Based Needle Coke and Coal-Based Needle Coke. Petroleum-based needle coke dominates the needle coke market due to its excellent quality and consistency, which are required for the production of high-performance graphite electrodes for electric arc furnaces. This form of needle coke is recommended because it contains less impurities and has higher structural integrity, which improves electrode efficiency and lifespan. Furthermore, advances in refining technologies have made petroleum-based needle coke more cost-effective to produce, reinforcing its market dominance. The rise in electric car production, which uses petroleum-based needle coke in battery anodes, is also driving up demand for the material.

Needle Coke Market, By Grade

  • Intermediate Grade Needle Coke
  • Premium Grade Needle Coke

Based on Grade, the Needle Coke Market is bifurcated into Intermediate Grade Needle Coke and Premium Grade Needle Coke. Premium grade needle coke dominates the needle coke market because of its higher quality and performance characteristics, which are required for high-end applications such as the manufacture of ultra-high power (UHP) graphite electrodes. These electrodes are critical for electric arc furnaces in steelmaking, which require materials of extraordinary purity, low coefficient of thermal expansion, and high electrical conductivity, all of which are delivered by premium quality needle coke. Premium grade needle coke's strict quality requirements and technical specifications make it the ideal choice for enterprises seeking maximum performance and efficiency. Furthermore, increased demand for electric vehicles that require premium grade needle coke in battery anodes contributes to its market domination.

Needle Coke Market, By Application

  • Graphite Electrodes
  • Lithium-Ion Batteries
  • Specialty Graphite Products

Based on Application, the Needle Coke Market is bifurcated into Graphite Electrodes, Lithium-Ion Batteries, and Specialty Graphite Products. The graphite electrodes sector leads the needle coke market because of its importance in electric arc furnaces (EAFs) used in steel manufacturing. Needle coke is necessary for generating these electrodes due to its high purity, low thermal expansion coefficient, and superior conductivity, all of which are required for efficient steelmaking. The global steel industry's transition to more ecologically friendly EAFs, which rely primarily on high-quality graphite electrodes, increases demand for needle coke. Furthermore, the continual demand for steel across many industries provides a steady supply of graphite electrodes, cementing their supremacy in the needle coke market.

Needle Coke Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

Based on Geography, the Global Needle Coke Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is significantly dominating the needle coke market and is expected to continue its growth throughout the forecast period, owing to several variables. North America, notably the United States, has a long-standing steel production business that mainly relies on electric arc furnaces. This creates a substantial demand for needle coke, which is required for graphite electrodes used in EAFs. The region has made significant advances in industrial techniques and materials science, including the creation and refinement of high-quality needle coke. This technological advantage helps North America maintain its market supremacy.

Key Players

  • The "Global Needle Coke Market" study report will provide valuable insight emphasizing the global market. The major players in the market are
  • Mitsubishi Chemical Holding Corporation, Phillips 66, JXTG Holdings Inc., C-Chem Co. Ltd., Baowu Steel Group Corporation Limited, Sinopec Shanghai Petrochemical Company Limited, Indian Oil Corporation Limited, Shanxi Hongte Coal Chemical Industry Co. Ltd., Seadrift Coke LP, Sumitomo Chemical Co. Ltd.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Global Needle Coke Market Key Developments

  • In February 2024, Mitsubishi Chemical announced an expansion of its needle coke production facility in Japan to meet the growing demand for high-quality graphite electrodes in electric arc furnaces.
  • In April 2024, Phillips 66 announced a new high-purity petroleum-based needle coke product aimed at enhancing the performance and lifespan of graphite electrodes used in the steelmaking industry.
  • In March 2024, JXTG Holdings (now ENEOS Holdings) announced advanced refining techniques to improve the quality and yield of their petroleum-based needle coke, targeting the growing electric vehicle battery market.
  • In January 2024, C-Chem Co. Ltd. completed the commissioning of a new needle coke production line in China, significantly increasing its capacity to supply both domestic and international markets.

TABLE OF CONTENTS

1. Introduction

  • Market Definition
  • Market Segmentation
  • Research Methodology

2. Executive Summary

  • Key Findings
  • Market Overview
  • Market Highlights

3. Market Overview

  • Market Size and Growth Potential
  • Market Trends
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Porter's Five Forces Analysis

4. Needle Coke Market, By Type

  • Petroleum-Based Needle Coke
  • Coal-Based Needle Coke

5. Needle Coke Market, By Grade

  • Intermediate Grade Needle Coke
  • Premium Grade Needle Coke

6. Needle Coke Market, By Application

  • Graphite Electrodes
  • Lithium-Ion Batteries
  • Specialty Graphite Products
  • Others

7. Regional Analysis

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Latin America
  • Brazil
  • Argentina
  • Chile
  • Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE

8. Market Dynamics

  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Impact of COVID-19 on the Market

9. Competitive Landscape

  • Key Players
  • Market Share Analysis

10. Company Profiles

  • Mitsubishi Chemical Holding Corporation
  • Indian Oil Corporation
  • Phillips 66
  • JXTG Holdings Inc.
  • C-Chem Co., LTD.
  • Petroleum Coke Industries Company K.S.C.
  • Baotailong New Material Co., Ltd.
  • Sinopec Shanghai Petrochemical Company Limited
  • Shanxi Hongte Coal Chemical Co Ltd.
  • GrafTech International Holdings Inc.

11. Market Outlook and Opportunities

  • Emerging Technologies
  • Future Market Trends
  • Investment Opportunities

12. Appendix

  • List of Abbreviations
  • Sources and References