Report HighlightsHow big is the petroleum coke market? The global petroleum coke market size reached US$ 23.5 Billion in 2022. Also known as pet coke, petroleum coke refers to a solid carbon by-product of the oil refining process containing elemental forms of metals, sulfur, and non-volatile inorganic compounds. The increasing construction activities in the commercial, residential, and industrial complexes are among the primary factors driving the petroleum coke market. Furthermore, the development of eco-friendly products with low sulfur content, high flexibility, corrosion resistance, and thermal and electrical conductivity is expected to bolster the petroleum coke market in the coming years.

Source: The Star June 26, 2023 11:18 UTC