세계의 니들 코크스 시장 규모, 점유율, 성장 분석 : 제품 유형별, 등급별, 용도별, 최종 용도별, 지역별 - 산업 예측(2025-2032년)

Needle Coke Market size was valued at USD 5.6 billion in 2023 and is poised to grow from USD 6.23 billion in 2024 to USD 14.56 billion by 2032, growing at a CAGR of 11.2% during the forecast period (2025-2032).

The global surge in steel production and the increasing use of graphite electrodes in electric arc furnaces (EAF) are driving a strong demand for needle coke in the coming years. Additionally, the rising application of needle coke in battery electrode production presents fresh opportunities for suppliers. Continued investments in urbanization and industrialization are poised to enhance the market outlook for needle coke. The demand for high-quality steel and carbon products from sectors like automotive, aerospace, and construction further supports revenue growth. Furthermore, advancements in production technologies will create favorable conditions for needle coke companies through 2031. However, challenges such as raw material price volatility, high production costs, and competition from alternatives may impede manufacturers in this sector.

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 advancing electrification across various industries, is anticipated to significantly boost needle coke sales in the coming years. Needle coke serves as an essential raw material in the manufacturing of graphite anodes and electrodes, which are vital components of these batteries. As industries increasingly shift towards electric solutions, the need for quality needle coke will rise, positioning it as a key driver in the market. This demand surge will likely enhance the overall market dynamics and encourage further investments in needle coke production and innovation.

Restraints in the Needle Coke Market

The Needle Coke market faces significant constraints due to the inherent volatility in the prices of petroleum-based products, from which needle coke is typically derived. Such price fluctuations can adversely affect the profitability of needle coke suppliers, leading to inconsistent supply chain dynamics throughout the market study period and potentially beyond. This instability not only hampers the overall growth potential of the Needle Coke market but also raises concerns regarding supply continuity for manufacturers reliant on this essential material. Consequently, these factors collectively pose a challenge for industry players aiming to navigate the market effectively.

Market Trends of the Needle Coke Market

The Needle Coke market is witnessing a significant upward trend driven by the rising sales of electric vehicles (EVs). As the automotive industry pivots towards electrification, the demand for lithium-ion batteries, which utilize needle coke for their anodes and cathodes, is surging. This shift presents a lucrative opportunity for needle coke suppliers to collaborate with battery manufacturers and broaden their market reach. With the global emphasis on sustainability and reduced carbon emissions, the interplay between EV adoption and needle coke utilization is set to redefine market dynamics, laying the groundwork for robust growth and innovation in the needle coke sector in the years to come.

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, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Needle Coke Market Size by Product Type & CAGR (2025-2032)

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

Global Needle Coke Market Size by Grade & CAGR (2025-2032)

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

Global Needle Coke Market Size by Application & CAGR (2025-2032)

• 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 (2025-2032)

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

Global Needle Coke Market Size & CAGR (2025-2032)

• 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, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

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