The
petroleum coke market report by Transparency Market Research provides
in-depth analysis of the global petroleum coke industry. The report
divides the market based on product segment, end-use segment and
regional segment. It also provides forecast and estimates for each
segment. The report analyzes demand and supply characteristics of the
market by providing detailed forecast and analysis of volume and
revenue for the period from 2014 to 2020.
The petroleum coke market primarily includes two types of petroleum coke: fuel grade coke and calcined coke. Fuel grade coke is expected to be the most dominant type of petroleum coke in terms of product segment in the near future. Fuel grade coke is primarily used in cement kilns and power plants owing to less cost and high calorific value. Growth in population and emerging economies propel demand for fuel grade coke, especially in countries in Asia Pacific such as India and China. Small quantity of fuel grade coke is sufficient to generate large quantity of electricity. Calcined coke finds major application in aluminum, paints and colorings, steel and fertilizer industries in the production of titanium dioxide.
Asia Pacific and Europe are the major importers of petroleum coke. Emerging economies in Asia pacific such as China and India employ a large percentage of petroleum coke in cement kilns and power plants. In China, majority of the petroleum coke is used in the generation of electricity in power plants. Large percentage of petroleum coke is used in the cement kilns industry in India. This is due to growth in population and rapid industrialization in India and China.
Led by
large import of petroleum coke, Asia Pacific emerged as the most
dominating market for petroleum coke in terms of demand. Currently,
the U.S. is the dominant exporter of petroleum coke. Small quantity
of petroleum coke is sufficient to produce high quantity of heat.
Hence, large quantity of electricity is produced at a cheaper rate
due to low cost of petroleum coke. Europe is the second-highest
importer of petroleum coke due to rising demand for electricity in
the region. Thus, petroleum coke is a preferred fuel over coal and
natural gas owing to its easy and timely availability. Significant
demand for petcoke exists in the Middle East and Latin America due to
increasing infrastructure development and rising population in these
regions. Various crude oil refining companies are establishing
delayed coking units in order to produce petroleum coke domestically.
Calcining, power plants, cement kilns, blast furnace and other segments such as paper, fertilizer, and paints and colorings are the end-use segments of petroleum coke. Power plants and cement kilns are the fastest growing segments globally.
Asia
Pacific, North America, Europe and Rest of the World (RoW) are the
major geographical areas covered in the report. Each geographical
region has been further bifurcated based on product segment and
end-use segment. Volume forecasts and estimates for each segment have
been provided for the period from 2014 to 2020.
The
report also provides detailed analysis and revenue of companies such
as BP Plc, Chevron Corporation, Essar Oil Ltd., ExxonMobil
Corporation, HPCL – Mittal Energy Limited, Indian Oil Corporation
Limited, Reliance Industries Limited, Royal Dutch Shell Plc, Saudi
Arabia Oil Company and Valero Energy Corporation. The report provides
detailed analysis of the various factors influencing the petroleum
coke industry with the help of Porter’s five forces analysis. The
analysis also helps understand the degree of competition prevalent in
the market. Furthermore, the report analyzes value chain and various
drivers and restraints of the petroleum coke market.
Petroleum
Coke Market: Product Type Analysis
Fuel
Grade Coke
Calcined
Coke
Petroleum
Coke Market: End Use Segment Analysis
Calcining
Power
Plants
Cement
Kilns
Blast
Furnace
Others
Petroleum
Coke Market: Regional Analysis
North
America
Europe
Asia
Pacific
Rest
of the World (RoW)
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