Asia Pacific Needle Coke Market Size & Outlook, 2023-2030
Asia Pacific needle coke market, 2018-2030 (US$M)
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Asia Pacific needle coke market highlights
- The Asia Pacific needle coke market generated a revenue of USD 2,877.3 million in 2023.
- The market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, super-premium was the largest revenue generating grade in 2023.
- Super-premium is the most lucrative grade segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,877.3 million |
| Market revenue in 2030 | USD 5,899.2 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | Super-premium |
| Fastest growing segment | Super-premium |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Super-premium, Premium-grade, Intermediate grade |
| Key market players worldwide | Phillips 66, Asbury Carbons, Brookfield Corp Registered Shs -A- Limited Vtg, Sumitomo Chemical Co Ltd, Mitsubishi Chemical Group Corp, Indian Oil Corporation, GrafTech International Ltd, Sojitz Corp, Nippon Chemical Industrial, BAOSTEEL |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 63.2% of the global needle coke market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,899.2 million by 2030.
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Needle Coke Market Scope
Needle Coke Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 47.01% in 2023. Horizon Databook has segmented the Asia Pacific needle coke market based on super-premium, premium-grade, intermediate grade covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is characterized by large amount of skilled labor at low cost along with easy availability of land. Shift in production landscape towards emerging economies, particularly China and India is expected to positively influence market growth over the forecast period.
The region is home to several rapidly expanding industries as well, such as, automotive, electronics and others that present vast potential for graphite manufacturers especially in economies like China and India.
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Target buyers of Asia Pacific needle coke market databook
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Our clientele includes a mix of needle coke market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific needle coke market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific needle coke market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific needle coke market size, by country, 2018-2030 (US$M)
Asia Pacific Needle Coke Market Outlook Share, 2023 & 2030 (US$M)
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