Italy Needle Coke Market Size & Outlook, 2023-2030
Italy needle coke market, 2018-2030 (US$M)
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Italy needle coke market highlights
- The Italy needle coke market generated a revenue of USD 46.1 million in 2023 and is expected to reach USD 68.4 million by 2030.
- The Italy market is expected to grow at a CAGR of 5.8% 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.
Needle coke market data book summary
| Market revenue in 2023 | USD 46.1 million |
| Market revenue in 2030 | USD 68.4 million |
| Growth rate | 5.8% (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, Italy accounted for 1.0% 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 Europe, Germany needle coke market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 177.0 million by 2030.
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Needle Coke Market Scope
Needle Coke Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 45.99% in 2023. Horizon Databook has segmented the Italy needle coke market based on super-premium, premium-grade, intermediate grade covering the revenue growth of each sub-segment from 2018 to 2030.
The steel industry in Italy has been the major consumer of needle coke in graphite electrode over past few years. Italy offers significant investment opportunities for numerous construction materials and related markets. Spain emerged from deep recession after the Eurozone financial crisis, to be a fast growing economy in 2014 and 2015.
The construction industry was adversely affected by the country’s economic crisis; however, after seven years of contraction, construction in Italy is would pick up again this year. This trend has boosted the steel demand, significantly influencing the needle coke market as well.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy needle coke market , including forecasts for subscribers. This country databook contains high-level insights into Italy needle coke market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy needle coke market size, by grade, 2018-2030 (US$M)
Italy Needle Coke Market Outlook Share, 2023 & 2030 (US$M)
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