니들 코크스 시장 규모, 점유율, 성장 분석 : 제품 유형별, 등급별, 용도별, 최종 용도별, 지역별 - 업계 예측(2026-2033년)

Needle Coke Market size was valued at USD 6.23 Billion in 2024 and is poised to grow from USD 6.92 Billion in 2025 to USD 16.19 Billion by 2033, growing at a CAGR of 11.2% during the forecast period (2026-2033).

The global demand for steel production and the rising need for graphite electrodes in electric arc furnaces are driving an increased demand for needle coke. Additionally, the growing utilization of needle coke in battery electrode production presents fresh opportunities for suppliers. Significant investments in urban development and industrial growth are likely to enhance the market outlook for needle coke. Industries such as automotive, aerospace, and construction are fueling the demand for high-quality steel and carbon products, contributing to long-term revenue potential. Furthermore, advancements in production technologies are expected to benefit needle coke manufacturers. However, challenges such as fluctuating raw material prices, high production costs, and competition from alternative materials may pose constraints for the needle coke market.

Top-down and bottom-up approaches were used to estimate and validate the size of the Needle Coke market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Needle Coke Market Segments Analysis

Global Needle Coke Market is segmented by Product Type, Grade, Application, End Use and region. Based on Product Type, the market is segmented into Petroleum-Based Needle Coke, Shaft Calciner, Coal-Based Needle Coke and Rotary Kiln. Based on Grade, the market is segmented into Premium Grade, Intermediate Grade and Super-Premium Grade. Based on Application, the market is segmented into Rubber Compounds, Silicon Metal And Ferroalloys, Lithium-Ion Anode, Graphite Electrodes, Carbon Black and Others. Based on End Use, the market is segmented into Aerospace & Defence, Automotive, Aluminium And Steel Industry, Semiconductor and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Needle Coke Market

The growing demand for lithium-ion batteries and other battery types, driven by the expanding electrification across various industries, is poised to boost needle coke sales significantly. As a key raw material in manufacturing graphite anodes and electrodes essential for these batteries, needle coke is witnessing heightened attention. The transition towards electrification, coupled with the necessity for efficient and high-performance energy storage solutions, is expected to propel the needle coke market, reflecting its vital role in supporting advancements in battery technology and contributing to the sustainability goals of numerous sectors. This upward trend in demand highlights the importance of needle coke in modern energy applications.

Restraints in the Needle Coke Market

The Needle Coke market faces potential restraints due to the inherent volatility in the prices of petroleum-derived products, which are the primary raw materials for its production. Such fluctuations can adversely impact the profitability of needle coke manufacturers, leading to financial instability. Additionally, these price variations may disrupt supply chains, resulting in irregular availability of products in the market. Consequently, the unpredictable nature of petroleum prices is likely to hinder the overall growth potential of the needle coke industry, creating challenges for stakeholders trying to navigate these economic uncertainties and maintain a steady production flow.

Market Trends of the Needle Coke Market

The Needle Coke market is experiencing a notable trend driven by the escalating sales of electric vehicles (EVs), which are increasingly reliant on high-performance lithium-ion batteries. As the automotive industry pivots towards electrification, needle coke plays a crucial role in enhancing the efficiency and performance of battery anodes and cathodes. This rising demand not only offers needle coke manufacturers the chance to collaborate with leading battery producers but also positions them strategically to capitalize on the expanding EV market. The synergy between needle coke and advanced battery technologies signifies a promising avenue for growth and innovation within the sector.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Needle Coke Market Size by Product Type & CAGR (2026-2033)

• Market Overview
• Petroleum-Based Needle Coke
• Shaft Calciner
• Coal-Based Needle Coke
• Rotary Kiln

Global Needle Coke Market Size by Grade & CAGR (2026-2033)

• Market Overview
• Premium Grade
• Intermediate Grade
• Super-Premium Grade

Global Needle Coke Market Size by Application & CAGR (2026-2033)

• Market Overview
• Rubber Compounds
• Silicon Metal And Ferroalloys
• Lithium-Ion Anode
• Graphite Electrodes
• Carbon Black
• Others

Global Needle Coke Market Size by End Use & CAGR (2026-2033)

• Market Overview
• Aerospace & Defence
• Automotive
• Aluminium And Steel Industry
• Semiconductor
• Others

Global Needle Coke Market Size & CAGR (2026-2033)

• North America (Product Type, Grade, Application, End Use)
  • US
  • Canada
• Europe (Product Type, Grade, Application, End Use)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Type, Grade, Application, End Use)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Type, Grade, Application, End Use)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, Grade, Application, End Use)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Phillips 66 (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Chemical Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Indian Oil Corporation Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Baosteel Group (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• C-Chem Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Seadrift Coke L.P. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sinopec Shanghai Petrochemical Company Limited (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shanxi Hongte Coal Chemical Co Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sinosteel Anshan Research Institute of Thermo-Energy Co. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Petrochina International Jinzhou Petrochemical Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shijiazhuang Deli Chemical Co. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Petroleum Coke Industries Company K.S.C. (Kuwait)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Petrocokes Japan Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Asbury Carbon Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sumitomo Chemical Company (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• JXTG Nippon Oil & Energy Corp. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sojitz Ject Corp. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HEG Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• POSCO (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations