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Petcoke Market Share

Report ID: GMI1186
Published Date: May 2023
Report Format: PDF

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Petroleum Coke Market Share

Prominent industries operative in the petcoke market includes

Exxon Mobil
Shell plc
Saudi Aramco
BP
Reliance Industries
Chevron Corporation
Valero Energy Corp
Indian Oil Corporation
Marathon Petroleum Corporation
Oxbow Carbon
Aminco Resources
Bharat Petroleum
Shamokin Carbons
Husky Energy
cocangraphite

Major manufacturers operating across the market are focusing on strategic alliances and collaborations to gain a competitive edge over the others. The introduction of innovative measures to curb carbon emissions along with introduction of advance technological components by the eminent players has led to the positive business dynamics.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of petcoke surpassed USD 21.4 billion in 2023 and is set to grow at over 5.7% CAGR through 2032, on account of expanding refinery capacity to the rising demand for processing heavy oil, along with extensive product application in cement and aluminum manufacturing industries.

The steel industry application is likely to grow during 2023 to 2032. The burgeoning demand of steel to supplement the infrastructure growth has led to an increased steel production, which makes use of calcines petcoke.

North America market size will grow substantially through 2023, owing to the stringent government norms related to carbon emission, ongoing infrastructure development in the U.S., and expansion of existing refineries for offering the product at competitive price.

Exxon Mobil, Shell plc, Saudi Aramco, BP, Reliance Industries, Chevron Corporation, Valero Energy Corp, Indian Oil Corporation, Marathon Petroleum Corporation, OXBOW CARBON, Aminco Resources, Bharat Petroleum, Shamokin Carbons, Husky Energy, and Cocan Graphite.