Europe Needle Coke Market Size & Outlook, 2023-2030
Europe needle coke market, 2018-2030 (US$M)
Related Markets
Europe needle coke market highlights
- The Europe needle coke market generated a revenue of USD 488.6 million in 2023.
- The market is expected to grow at a CAGR of 8.9% 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.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 488.6 million |
| Market revenue in 2030 | USD 885.2 million |
| Growth rate | 8.9% (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, Europe region accounted for 10.7% 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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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 46.17% in 2023. 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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Our clientele includes a mix of needle coke market companies, investment firms, advisory firms & academic institutions.
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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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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, 2023 & 2030 (US$M)
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