Latin America Needle Coke Market Size & Outlook, 2025-2030
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Latin America needle coke market highlights
- The Latin America needle coke market generated a revenue of USD 245.4 million in 2024.
- The market is expected to grow at a CAGR of 10.6% 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, Mexico is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 245.4 million |
| Market revenue in 2030 | USD 441.0 million |
| Growth rate | 10.6% (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, Latin America region accounted for 5.0% 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 |
Latin America 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 50.08% in 2024. Horizon Databook has segmented the Latin America needle coke market based on super-premium, premium-grade, intermediate grade covering the revenue growth of each sub-segment from 2018 to 2030.
Despite a stagnant performance from the Brazilian economy in 2015 owing to socio-political conflicts and the deteriorating conditions, the refractories and electrodes application based sector such as steel and construction sector managed to maintain steady growth levels.
These and other niche applications for graphite are expected to keep the region afloat over the forecast period specifically in lithium ion batteries.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America needle coke market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America needle coke market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America needle coke market size, by country, 2018-2030 (US$M)
Latin America Needle Coke Market Outlook Share, 2024 & 2030 (US$M)
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