Calcined Petcoke Market Analysis

  • Report ID: 5520
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Calcined Petcoke Market Analysis

Grade (Anode, Needle)

The anode segment in the calcined petcoke market is estimated to gain a robust revenue share of 55% in the coming years. Anode-grade pet coke also known as raw pet coke (RPC) or green pet coke (GPC) is low in metals and sulfur and needs to be calcined before being baked into anodes.

For instance, Anode-grade petcoke is usually a green, calcinable petcoke with over 2% sulfur, little ash, and very little metal content. Calcined petcoke (CPC) is created by heating anode-grade petcoke below its melting point to remove moisture and volatile materials therefore it has low metal concentration and is a product of low quality that contains a lot of carbon.

Moreover, the majority of anode-grade petroleum coke has relatively few contaminants, as a result of which it burns cleaner than other fuels and has good abrasion resistance. Collectively, the market is predicted to have growth at a rapid pace in this segment.

End-User (Carburizing & Recarburizing, Electric Arc & Induction Furnaces)

The electric arc & induction furnaces segment in the calcined petcoke market is set to garner a notable share shortly. Calcined petroleum coke is a high-purity solid carbonaceous material that is used to make electrodes utilized in the construction of electric and induction furnaces. For instance, the calcined pet coke used to make graphite electrodes is made in a forging smelting furnace at a temperature of over 1400°C, with a carbon content of roughly 98%.

Moreover, an electrode is an apparatus to carry electricity into an electric arc furnace and is primarily used for the steel production process. Additionally, electric arc furnaces are primarily used to melt or extract ferrous or non-ferrous metals and can also be used to smelt steels, such as special tool steel, aviation steel, stainless steel, and others, as they require tight chemical composition and good mechanical performance.

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

          End-User

  • Carburizing & Recarburizing
  • Electric Arc & Induction Furnaces

          Grade

  • Anode
  • Needle

          Application

  • Aluminum
  • TiO2
  •  Steel
  •  Paint & Coatings
  •  Fertilizers
  •  Metals
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Author Credits:  Rajrani Baghel


  • Report ID: 5520
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of calcined petcoke is assessed at USD 1.29 billion.

The calcined petcoke market size was valued at USD 1.24 billion in 2024 and is expected to reach USD 2.49 billion by 2037, registering around 5.5% CAGR during the forecast period i.e., between 2025-2037. The rising adoption of calcined petcoke in the metal and cement industry, the use of petcoke for power generation and wide application as feedstock, and the increasing adoption of needle-grade calcinated petcoke will drive the market growth.

Asia Pacific industry is likely to dominate majority revenue share of 48% by 2037, compelled by increasing construction sector in the region.

The major players in the market include Indian Oil Corporation Ltd., Rain Industries Limited, India Carbon Limited, Aluminium Bahrain, Phillips 66, Asbury Carbons, Atha Group, Shandong Zhongyang New Material Technology Co., LTD., Emirates Global Aluminium (EGA), EIG Global Energy Partners
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