세계의 그린 석유코크스 시장

Global Green Petroleum Coke Market to Reach US$49.6 Billion by 2030

The global market for Green Petroleum Coke estimated at US$36.3 Billion in the year 2023, is expected to reach US$49.6 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2023-2030. Sponge Coke, one of the segments analyzed in the report, is expected to record a 4.4% CAGR and reach US$17.0 Billion by the end of the analysis period. Growth in the Honeycomb Coke segment is estimated at 5.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$9.6 Billion While China is Forecast to Grow at 4.3% CAGR

The Green Petroleum Coke market in the U.S. is estimated at US$9.6 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$7.9 Billion by the year 2030 trailing a CAGR of 4.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.1% and 3.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.

Global Green Petroleum Coke Market - Key Trends & Drivers Summarized

What Role Does Green Petroleum Coke Play in Industrial Applications?

Green petroleum coke (GPC) is a critical raw material used across several industrial sectors, including aluminum, steel, and energy. Produced as a by-product in oil refineries, GPC is composed primarily of carbon and is a crucial feedstock in aluminum smelting, where it serves as an anode material. In the steel industry, GPC is utilized as a fuel and reducing agent, contributing to cost-effective production processes. As demand for aluminum and steel continues to rise in industries like automotive, construction, and packaging, GPC has become a key industrial commodity.

Why Is Demand for Low-Sulfur GPC Increasing?

The demand for low-sulfur green petroleum coke is on the rise as industries aim to meet stricter environmental standards and reduce sulfur emissions. Sulfur in GPC can cause pollution and reduce the quality of end products, making low-sulfur variants highly desirable, especially in the aluminum and energy sectors. With regulatory pressures increasing on emissions, oil refineries are investing in desulfurization processes to produce cleaner GPC that meets quality and environmental standards. This demand for low-sulfur GPC is particularly prominent in regions with strict environmental regulations, driving the market for cleaner, high-quality coke.

How Are Technological Advancements in Refining Impacting GPC Production?

Advancements in refining technologies are improving the production efficiency and quality of green petroleum coke. Innovations in delayed coking processes enable refineries to produce high-quality GPC with lower impurities and optimized carbon content, which is essential for industries with stringent material requirements. New refining techniques are also supporting the production of specialty grades of GPC for applications like carbon fiber and batteries, expanding its use beyond traditional markets. These technological advancements are helping refineries meet growing demand for cleaner and more versatile GPC.

What Drives the Growth of the Green Petroleum Coke Market?

The growth in the green petroleum coke market is driven by factors such as increased demand from the aluminum and steel industries, the shift toward low-sulfur GPC, and advancements in refining technologies. The essential role of GPC in aluminum and steel production supports its steady demand, especially as these industries expand. The shift towards cleaner GPC variants, driven by environmental regulations, is prompting refineries to produce low-sulfur GPC to meet market needs. Furthermore, refining innovations are enhancing GPC quality and opening new application areas, positioning the market for continued growth as industries seek high-performance carbon materials.

SCOPE OF STUDY:

The report analyzes the Green Petroleum Coke market in terms of US$ Million by the following Form, and Geographic Regions/Countries:

Segments:

Form (Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke, Purge Coke)

Geographic Regions/Countries:

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 51 Featured) -

• Aluminium Bahrain B.S.C
• Asbury Carbons
• Carbograf Industrial S.A. de C.V.
• Modern Industrial Investment Holding Group
• Oxbow Corporation
• Sinoway Carbon Co., Ltd.

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

• 1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Green Petroleum Coke - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
• 2. FOCUS ON SELECT PLAYERS
• 3. MARKET TRENDS & DRIVERS
  • Rising Demand for Carbon-Intensive Industries Adopting Green Solutions
  • Growth in Aluminum Production Driving Green Petroleum Coke Demand
  • Increased Use in Steel Manufacturing and Metallurgical Applications
  • Development of Low-Sulfur Petroleum Coke for Environmental Compliance
  • Advancements in Green Petroleum Coke Production Techniques
  • Expansion of Green Petroleum Coke in Battery Manufacturing
  • Higher Demand for Green Petroleum Coke in Graphite Electrode Production
  • Growing Focus on Reducing Carbon Emissions in Petroleum Coke Processing
  • Increased Adoption in Cement Industry for Sustainable Fuel Source
  • Rising Investments in Infrastructure Projects Boosting Petroleum Coke Demand
  • Expansion of Renewable Energy Storage Solutions Utilizing Green Petroleum Coke
  • Growth of E-commerce Channels in Green Petroleum Coke Sales
• 4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Green Petroleum Coke Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Green Petroleum Coke by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Green Petroleum Coke by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 4: World 16-Year Perspective for Green Petroleum Coke by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Sponge Coke by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Sponge Coke by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 7: World 16-Year Perspective for Sponge Coke by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Honeycomb Coke by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Honeycomb Coke by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 10: World 16-Year Perspective for Honeycomb Coke by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Shot Coke by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Shot Coke by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 13: World 16-Year Perspective for Shot Coke by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Needle Coke by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Needle Coke by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 16: World 16-Year Perspective for Needle Coke by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Purge Coke by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Purge Coke by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 19: World 16-Year Perspective for Purge Coke by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030

III. MARKET ANALYSIS

• UNITED STATES
  • Green Petroleum Coke Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • TABLE 20: USA Recent Past, Current & Future Analysis for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 21: USA Historic Review for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 22: USA 16-Year Perspective for Green Petroleum Coke by Form - Percentage Breakdown of Value Sales for Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke for the Years 2014, 2024 & 2030
• CANADA
  • TABLE 23: Canada Recent Past, Current & Future Analysis for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 24: Canada Historic Review for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 25: Canada 16-Year Perspective for Green Petroleum Coke by Form - Percentage Breakdown of Value Sales for Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke for the Years 2014, 2024 & 2030
• JAPAN
  • Green Petroleum Coke Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • TABLE 26: Japan Recent Past, Current & Future Analysis for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 27: Japan Historic Review for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 28: Japan 16-Year Perspective for Green Petroleum Coke by Form - Percentage Breakdown of Value Sales for Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke for the Years 2014, 2024 & 2030
• CHINA
  • Green Petroleum Coke Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • TABLE 29: China Recent Past, Current & Future Analysis for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 30: China Historic Review for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 31: China 16-Year Perspective for Green Petroleum Coke by Form - Percentage Breakdown of Value Sales for Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke for the Years 2014, 2024 & 2030
• EUROPE
  • Green Petroleum Coke Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • TABLE 32: Europe Recent Past, Current & Future Analysis for Green Petroleum Coke by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 33: Europe Historic Review for Green Petroleum Coke by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 34: Europe 16-Year Perspective for Green Petroleum Coke by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
  • TABLE 35: Europe Recent Past, Current & Future Analysis for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 36: Europe Historic Review for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 37: Europe 16-Year Perspective for Green Petroleum Coke by Form - Percentage Breakdown of Value Sales for Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke for the Years 2014, 2024 & 2030
• FRANCE
  • Green Petroleum Coke Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • TABLE 38: France Recent Past, Current & Future Analysis for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 39: France Historic Review for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 40: France 16-Year Perspective for Green Petroleum Coke by Form - Percentage Breakdown of Value Sales for Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke for the Years 2014, 2024 & 2030
• GERMANY
  • Green Petroleum Coke Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • TABLE 41: Germany Recent Past, Current & Future Analysis for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 42: Germany Historic Review for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 43: Germany 16-Year Perspective for Green Petroleum Coke by Form - Percentage Breakdown of Value Sales for Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke for the Years 2014, 2024 & 2030
• ITALY
  • TABLE 44: Italy Recent Past, Current & Future Analysis for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 45: Italy Historic Review for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 46: Italy 16-Year Perspective for Green Petroleum Coke by Form - Percentage Breakdown of Value Sales for Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke for the Years 2014, 2024 & 2030
• UNITED KINGDOM
  • Green Petroleum Coke Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • TABLE 47: UK Recent Past, Current & Future Analysis for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 48: UK Historic Review for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 49: UK 16-Year Perspective for Green Petroleum Coke by Form - Percentage Breakdown of Value Sales for Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke for the Years 2014, 2024 & 2030
• REST OF EUROPE
  • TABLE 50: Rest of Europe Recent Past, Current & Future Analysis for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 51: Rest of Europe Historic Review for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 52: Rest of Europe 16-Year Perspective for Green Petroleum Coke by Form - Percentage Breakdown of Value Sales for Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke for the Years 2014, 2024 & 2030
• ASIA-PACIFIC
  • Green Petroleum Coke Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • TABLE 53: Asia-Pacific Recent Past, Current & Future Analysis for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 54: Asia-Pacific Historic Review for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 55: Asia-Pacific 16-Year Perspective for Green Petroleum Coke by Form - Percentage Breakdown of Value Sales for Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke for the Years 2014, 2024 & 2030
• REST OF WORLD
  • TABLE 56: Rest of World Recent Past, Current & Future Analysis for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 57: Rest of World Historic Review for Green Petroleum Coke by Form - Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 58: Rest of World 16-Year Perspective for Green Petroleum Coke by Form - Percentage Breakdown of Value Sales for Sponge Coke, Honeycomb Coke, Shot Coke, Needle Coke and Purge Coke for the Years 2014, 2024 & 2030

IV. COMPETITION