Calcined Anthracite Market Analysis

Type (Electrical, Gas)

The electrical segment in the calcined anthracite market is estimated to gain a share of about 60% by 2037. The segment boost can be attributed to the increasing demand for cathode blocks in aluminum electrolysis cells, where electrically calcined anthracite acts as a vital component. According to a report, the demand for environmentally friendly materials is increasing globally due to their high usage in several fields such as automotive, packaging, construction, machinery, and transportation industries.

Furthermore, such cathode blocks are crucial for the electrolytic reduction of alumina into aluminum, and this expansion of aluminum production facilities is increasing the need for high-quality cathode materials. According to the reports fetched from 2019, India produced about 3.7 million metric tons of primary aluminum. The demand for cathode blocks in aluminum smelting, a key application of electrically calcined anthracite, is expected to align with the growth in aluminum production.

In addition to this, the electrical segment in the market is estimated to flourish as a result of the increasing demand for graphite electrodes in EAF, which is projected to propel growth in the aluminum smelting industry, advancements in lithium-ion battery manufacturing, investments in R&D, and the rising demand for cathode blocks in aluminum electrolysis cells.

End User (Steel Industry, Aluminum Industry, Automotive)

The automotive segment is set to garner a notable share of calcined anthracite market by 2037, due to increasing investments in automotive research and development, which contributes to the high adoption of advanced materials that enhance vehicle performance..

Calcined anthracite also acts as a key component in high-strength steel production. Due to several benefits from R&D initiatives, this ensures continuous improvements in material properties. According to a report, it is expected to spend about 48.4 billion USD in the U.S. on automotive research and development, which is around 39% of global automotive R&D spending.

As several industries continue to invest in innovation and new technologies, the demand for materials like calcined anthracite continues to contribute to the development of high-performance vehicles and is also set to grow. The automotive segment in the calcined anthracite market expansion is further increasing due to light-weighting initiatives, increased demand for high-strength steel, the expansion of electric vehicle production, stricter emission standards, and growing investments in automotive research and development.

Our in-depth analysis of the market includes the following segments: