Canada Needle Coke Market Size & Outlook, 2023-2030
Canada needle coke market, 2018-2030 (US$M)
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Canada needle coke market highlights
- The Canada needle coke market generated a revenue of USD 165.2 million in 2023 and is expected to reach USD 280.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.9% 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.
Needle coke market data book summary
| Market revenue in 2023 | USD 165.2 million |
| Market revenue in 2030 | USD 280.3 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Super-premium |
| Fastest growing segment | Super-premium |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Canada accounted for 3.6% of the global needle coke market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. needle coke market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 280.3 million by 2030.
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Needle Coke Market Scope
Needle Coke Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 48.43% in 2023. Horizon Databook has segmented the Canada needle coke market based on super-premium, premium-grade, intermediate grade covering the revenue growth of each sub-segment from 2018 to 2030.
The chemical industry in Canada is growing at a rapid pace, owing to the increase in the country’s population due to migration from different countries. The needle coke supply in Canada is currently dependent on imports mainly from U.S.
It is the sixth largest importer of petcoke from U.S. Petcoke in Canada is majorly manufactured in Alberta, however the limited capacity out of the region is the primary concern for the manufacturers.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada needle coke market , including forecasts for subscribers. This country databook contains high-level insights into Canada needle coke market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada needle coke market size, by grade, 2018-2030 (US$M)
Canada Needle Coke Market Outlook Share, 2023 & 2030 (US$M)
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