Global Needle Coke Market Size & Outlook, 2023-2030

The needle coke industry worldwide is expected to reach a projected revenue of US$ 8,911.8 million by 2030. A compound annual growth rate of 10.1% is expected of the worldwide needle coke industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,556.2
Forecast, 2030 (US$M)
$8,911.8
CAGR, 2024 - 2030
10.1%
Report Coverage
Worldwide

Global needle coke market highlights

  • The global needle coke market generated a revenue of USD 4,556.2 million in 2023 and is expected to reach USD 8,911.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 10.1% by 2030.
  • In terms of segment, super-premium accounted for a revenue of USD 2,123.7 million in 2023.
  • Super-premium is the most lucrative grade segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 4,556.2 million
Market revenue in 2030USD 8,911.8 million
Growth rate10.1% (CAGR from 2023 to 2030)
Largest segmentSuper-premium
Fastest growing segmentSuper-premium
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSuper-premium, Premium-grade, Intermediate grade

Other key industry trends

  • In terms of revenue, the North America accounted for 14.6% of the global needle coke market in 2023.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Italy is the fastest growing regional market and is projected to reach USD 68.4 million by 2030.

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Needle Coke Market Companies

Name Profile # Employees HQ Website

Global needle coke market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to needle coke market will help companies and investors design strategic landscapes.


Super-premium was the largest segment with a revenue share of 46.61% in 2023. Horizon Databook has segmented the Global needle coke market based on super-premium, premium-grade, intermediate grade covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Needle Coke Grade Outlook (Revenue, USD Million, 2018-2030)
    • Super-premium
    • Premium-grade
    • Intermediate grade
  • Global Needle Coke Application Outlook (Revenue, USD Million, 2018-2030)
    • Electrode
      • Steel Arc Furnaces (Steel & Aluminum)
      • Graphite Electrodes
    • Silicon Metals & Ferroalloys
    • Carbon Black
    • Rubber Compounds
    • Other Applications

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Horizon Databook provides a detailed overview of global-level data and insights on the Global needle coke market , including forecasts for subscribers. This global databook contains high-level insights into Global needle coke market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global needle coke market size, by regions, 2018-2030 (US$M)

Top 10 countries: Needle coke market size, 2023 (US$M)

Global needle coke market share, by grade, 2023 & 2030 (%, US$M)

Needle coke market: Opportunity assessment by country

Global needle coke market, by region, 2023 (US$M)

Global needle coke market size, by regions, 2018-2030 (US$M)

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