Latin America Needle Coke Market Size & Outlook, 2023-2030
Latin America needle coke market, 2018-2030 (US$M)
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Latin America needle coke market highlights
- The Latin America needle coke market generated a revenue of USD 227.6 million in 2023.
- The market is expected to grow at a CAGR of 10% 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, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 227.6 million |
| Market revenue in 2030 | USD 444.0 million |
| Growth rate | 10% (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, Latin America region accounted for 5.0% 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 |
|---|
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 45.74% in 2023. 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, 2023 & 2030 (US$M)
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