UK Needle Coke Market Size & Outlook, 2023-2030
UK needle coke market, 2018-2030 (US$M)
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UK needle coke market highlights
- The UK needle coke market generated a revenue of USD 91.2 million in 2023 and is expected to reach USD 177.0 million by 2030.
- The UK market is expected to grow at a CAGR of 9.9% 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.
Needle coke market data book summary
| Market revenue in 2023 | USD 91.2 million |
| Market revenue in 2030 | USD 177.0 million |
| Growth rate | 9.9% (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, UK accounted for 2.0% 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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UK 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 48.9% in 2023. Horizon Databook has segmented the UK needle coke market based on super-premium, premium-grade, intermediate grade covering the revenue growth of each sub-segment from 2018 to 2030.
The UK has a 40% share of Europe’s electronics design industry. The UK has manufactured products, which have revolutionized the generation, transmission and consume consumption of electricity, specifically to combat climate change. These factors are driving the graphite since all of the electronics goods are demanding lithium -ion batteries.
The increasing demand in electrical & electronics, with growing consumer preference for miniaturized and lightweight devices manufactured from such materials has further boosted the graphite demand in past few years.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK needle coke market , including forecasts for subscribers. This country databook contains high-level insights into UK needle coke market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK needle coke market size, by grade, 2018-2030 (US$M)
UK Needle Coke Market Outlook Share, 2023 & 2030 (US$M)
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