Europe Needle Coke Market Size & Outlook, 2025-2030
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Europe needle coke market highlights
- The Europe needle coke market generated a revenue of USD 520.7 million in 2024.
- The market is expected to grow at a CAGR of 9.5% from 2025 to 2030.
- In terms of segment, super-premium was the largest revenue generating grade in 2024.
- Super-premium is the most lucrative grade segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 520.7 million |
| Market revenue in 2030 | USD 880.7 million |
| Growth rate | 9.5% (CAGR from 2025 to 2030) |
| Largest segment | Super-premium |
| Fastest growing segment | Super-premium |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 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, Europe region accounted for 10.6% of the global needle coke market in 2024.
- 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 |
|---|---|---|---|---|
| Sojitz Corp | View profile | 27815 | 1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8691 | http://www.sojitz.com |
| Brookfield Corp Registered Shs -A- Limited Vtg | View profile | 240000 | 181 Bay Street, Suite 100, Brookfield Place, P.O. Box 762, Toronto, ON, Canada, M5J 2T3 | https://www.brookfield.com |
| Phillips 66 | View profile | 10001+ | Houston, Texas, United States, North America | http://www.phillips66.com/ |
| Asbury Carbons | View profile | 251-500 | Asbury, New Jersey, United States, North America | https://asbury.com |
| Indian Oil Corporation | View profile | 10001+ | New Delhi, Delhi, India, Asia | https://www.iocl.com/ |
| GrafTech International Ltd | View profile | 2007 | 982 Keynote Circle, Brooklyn Heights, Independence, OH, United States, 44131 | https://www.graftech.com |
| BAOSTEEL | View profile | 10001+ | Shanghai, Shanghai, China, Asia | http://www.baosteel.com/group_en/ |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Nippon Chemical Industrial | View profile | 501-1000 | Koto, Tokyo, Japan, Asia | https://www.nippon-chem.co.jp/ |
| Sumitomo Chemical Co Ltd | View profile | 37235 | 27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan, 104-8260 | http://www.sumitomo-chem.co.jp |
Europe 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 50.34% in 2024. Horizon Databook has segmented the Europe needle coke market based on super-premium, premium-grade, intermediate grade covering the revenue growth of each sub-segment from 2018 to 2030.
Rapidly increasing demand for graphite in refractories, steel, battery, and automotive industries has substantially boosted the needle coke industry across Europe. The region is the second-largest graphite market across the globe.
Growing use of carbon fiber instead of steel in the automotive and aerospace industries has propelled graphite demand across the region, which, in turn, as subsequently boosted needle coke industry.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe needle coke market , including forecasts for subscribers. This continent databook contains high-level insights into Europe needle coke market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe needle coke market size, by country, 2018-2030 (US$M)
Europe Needle Coke Market Outlook Share, 2024 & 2030 (US$M)
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