Needle Coke companies

  • Report ID: 3390
  • Published Date: Jan 07, 2026
  • Report Format: PDF, PPT

Key Needle Coke Market Players:

    Below is the list of the key players operating in the global needle coke market:

    • Asbury Carbons (U.S.)
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • DYM Resources (Germany)
    • ENEOS Materials Corporation (Japan)
    • GrafTech International (U.S.)
    • Graphite India Limited (India)
    • Hebei Fangke New Material Technology Co., LTD (China)
    • Hebei Yukuang New Material Technology Co., LTD. (China)
    • Jilin Carbon New Material Co., Ltd. (China)
    • Mitsubishi Chemical Corporation (Japan)
    • Phillips 66 Company (U.S.)
    • Sojitz JECT Corporation (Japan)
    • Sumitomo Corporation (Japan)

    Players operating in the global needle coke market are expected to face intense competition over the forecast period. The needle coke market comprises a mix of well-established participants and emerging entrants, resulting in a moderately fragmented competitive landscape. While established players benefit from scale and long-term customer relationships, new entrants are increasing competitive pressure by introducing alternative supply sources and specialized products, thereby limiting revenue concentration among major companies. Specialized manufacturers continue to play a critical role, particularly in the production of high-purity and application-specific needle coke grades. Additionally, leading market players receive strong governmental support for research, development, and innovation, which helps them enhance product quality, improve production efficiency, and maintain competitiveness in a rapidly evolving needle coke market.

    Corporate Landscape of the Global Needle Coke Market:

    • Asbury carbons, with more than 130 years of experience, the business sells carbon and graphite products such as petroleum cokes. The firm owns more than 10 facility centers with offices located globally. The average revenue of the business varies between USD 50-60 million.
    • Mitsubishi Chemical is a chemical conglomerate based in Japan, operating with more than 63,522 employees globally. The firm operates in more than 43 regions. The business widens its portfolio into industrial materials and chemicals. The strong R&D and innovation have earned the business a strategic position
    • Philip 66 Company, headquartered in the U.S., the firm is one of the largest energy manufacturing companies. The firm holds around 13,000 employees globally who have specifically focused on renewables and emerging energy. The firm primarily processes gasoline and aviation fuel, along with petrochemical and plastic production.
    • Sumitomo Corporation is diversified into transportation and machinery, chemical and petrochemical, and consumer living. The firm holds more than 83,000 employees across the globe with footprints in more than 64 countries. The business has also diversified into transportation, construction, media, and agriculture.

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In 2025, the industry size of the needle coke market is over USD 5.53 billion.

The size of the needle coke market is projected to reach USD 13.03 billion by the end of 2036, expanding at a CAGR of 7.68% through the forecast period, i.e., between 2026-2036.

The major players in the market are Sumitomo Corporation, Asbury Carbons, Mitsubishi Chemicals, DYM Resources, ENEOS Materials Corporation, GrafTech International, and Graphite India Limited.

The petroleum-based segment is anticipated to garner the largest market share by 2036 and display lucrative growth opportunities during 2026-2036.

The market in the Asia Pacific excluding Japan is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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