Mexico Needle Coke Market Size & Outlook, 2023-2030
Mexico needle coke market, 2018-2030 (US$M)
Related Markets
Mexico needle coke market highlights
- The Mexico needle coke market generated a revenue of USD 75.3 million in 2023 and is expected to reach USD 155.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 11% 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 75.3 million |
| Market revenue in 2030 | USD 155.8 million |
| Growth rate | 11% (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, Mexico accounted for 1.7% 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 Latin America, Brazil needle coke market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 155.8 million by 2030.
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Needle Coke Market Scope
Needle Coke Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 47.41% in 2023. Horizon Databook has segmented the Mexico needle coke market based on super-premium, premium-grade, intermediate grade covering the revenue growth of each sub-segment from 2018 to 2030.
The impact of recent constitutional reforms has begun to remold the Mexican economy, leading to greater mining activities across the region. Total investment in the mining sector has reached new level as compared to the previous years, according to the Mexican Chamber of Taxation.
Increasing demand for energy-efficient and lightweight materials is likely to promote graphite demand in this rapidly expanding industry. Overall, sound business environment and ideal geographical location, coupled with low shipping costs owing to the NAFTA agreement and other advantages are likely to attract industrial investors in the region.
A booming manufacturing sector, and structural reforms in the energy sector are also likely to bolster investments in graphite and related materials for steel, automotive, lubricant and other applications across the region.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico needle coke market , including forecasts for subscribers. This country databook contains high-level insights into Mexico needle coke market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico needle coke market size, by grade, 2018-2030 (US$M)
Mexico Needle Coke Market Outlook Share, 2023 & 2030 (US$M)
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