Due to its unique properties, Needle Coke Market is in high demand and is relatively expensive compared to other forms of petroleum coke. According to the Straits Research, Needle Coke Market Size is Projected to grow at a CAGR of 6.83% during the forecast period. The supply of needle coke is dependent on the availability of high-quality petroleum feedstocks and the specialized manufacturing processes needed to produce it. Global Needle Coke Market: SegmentationBy Product TypePetroleum-Based Needle CokeShaft CalcinerCoal-based Needle CokeRotary KilnBy GradePremium GradeIntermediate GradeSuper-Premium GradeBy ApplicationRubber CompoundsSilicon Metal and FerroalloysLithium-ion AnodeGraphite ElectrodesCarbon BlackOthersBy End-UseAerospace & defenceAutomotiveAluminium and steel industrySemiconductorOthersBy RegionNorth AmericaEuropeAsia-PacificLatin AmericaThe Middle East & AfricaThis Report is available for purchase on Buy Needle Coke Market ReportKey Highlight for Needle Coke marketThe needle coke market has seen significant growth in recent years due to the increasing demand for electric vehicles (EVs) and the expanding steel industry. One key highlight for the needle coke market is the increasing demand for EVs.

Source: The Star February 16, 2023 17:19 UTC