The pitch coke market size has the potential to grow by USD 168.68 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 1.58%.
This report provides a detailed analysis of the market by application (aluminum smelters, graphite electrodes, and others), geography (APAC, Europe, MEA, North America, and South America), and key vendors.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of Pitch Coke Market
Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Asbury Carbons Inc.
- Hierros y Carbones SA
- Jining Carbon Group Co. Ltd.
- Mitsubishi Chemical Holdings Corp.
- C Chem Co. Ltd.
- RESORBENT sro
- Shamokin Carbons
- Baosteel Group Corp.
- SCM Ltd.
- Tianjin Yunhai Carbon Element Products Co. Ltd.
The pitch coke market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
The market players also significantly leverage external market drivers such as rising demand for semiconductors and carbon brushes to achieve growth opportunities. However, factors such as regulations on carbon pollution will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
This pitch coke market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. The report provides information on the production, sustainability, and prospects of the leading companies. This will help companies create strategies to make the most of future growth opportunities.
Pitch Coke Market: Key Drivers and Trends
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Pitch Coke Market: Segmentation by Geography
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72% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for pitch coke in APAC. Market growth in this region will be faster than the growth of the market in regions.
The high consumption of pitch coke in the aluminum and steel industries is one of the prime factors that will facilitate the pitch coke market growth in APAC over the forecast period.
Pitch Coke Market: Segmentation by Application
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The application of aluminum in the automotive, construction, machinery and equipment, consumer goods, foil and packaging, and electrical and electronics industries is increasing extensively. As a result, the aluminum industry is witnessing significant growth. The industry primarily depends on pitch coke for the aluminum smelting process. Therefore the growth of the market segment is expected to be significant during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the pitch coke market size.
Pitch Coke Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive pitch coke market growth during the next five years
- Precise estimation of the pitch coke market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the pitch coke industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of pitch coke market vendors
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Pitch Coke Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 2% |
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Market growth 2021-2025 |
$ 168.68 million |
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Market structure |
Fragmented |
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YoY growth (%) |
0.48 |
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Regional analysis |
APAC, Europe, MEA, North America, and South America |
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Performing market contribution |
APAC at 72% |
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Key consumer countries |
China, India, US, Russian Federation, and Canada |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Asbury Carbons Inc., Hierros y Carbones SA, Jining Carbon Group Co. Ltd., C Chem Co. Ltd., RESORBENT sro, Shamokin Carbons, Baosteel Group Corp., SCM Ltd., Tianjin Yunhai Carbon Element Products Co. Ltd., and Mitsubishi Chemical Holdings Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |