Global Metallurgical Coke Market Size, Forecasts, And Opportunities – Includes Metallurgical Coke Market Analysis
Learn about the global metallurgical coke market through The Business Research Company, which provides information on metallurgical coke market size, metallurgical coke market drivers and restraints, metallurgical coke market players, the COVID-19 impact on the metallurgical coke market, and more.
The global metallurgical coke market is expected to grow from $170.44 billion in 2021 to $182.86 billion in 2022 at a compound annual growth rate (CAGR) of 7.3%. The global metallurgical coke market size is expected to grow to $212.51 billion in 2026 at a CAGR of 3.8%.
The rapid growth in the steel industry is expected to propel the growth of the metallurgical coke market.
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The metallurgical coke market consists of sales of metallurgical coke by entities (organizations, sole traders, and partnerships) that are used in iron and steel industry processes such as sinter plants, foundries, and blast furnaces to reduce iron ore to iron. Metallurgical coke is produced by the destructive distillation of coal in coke ovens. The prepared coal is heated in an oxygen-free atmosphere until all volatile components in the coal evaporate.
Global Metallurgical Coke Market Segments Include:
By Type: Blast Furnace Coke, Nut Coke, Foundry Coke, Pearl Coke, Breeze Coke, Buckwheat, Others
By Grade: Low Ash, High Ash
By Application: Iron and Steel Making, Sugar Processing, Glass Manufacturing, Others
By End Users: Steel, Foundry Industry, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific is the largest region in the global metallurgical coke market in 2021.
Strategic partnerships have emerged as a key trend gaining popularity in the metallurgical coke market. Major companies operating in the metallurgical coke sector are undergoing partnerships to develop the metallurgical coke market.
TBRC’s Metallurgical Coke Market Report Covers:
Major Market Players: Hickman Williams & Company, OKK Koksovny, SunCoke Energy, ECL, Mechel, China Risun Coal Chemicals Group Limited, ArcelorMittal, Jiangsu Surun High Carbon Co. Ltd., Nippon Steel & Sumitomo Metal, Haldia Coke, GNCL, Baosteel Group, Shanxi Sunlight Coking Group Company Ltd., Taiyuan Coal Gasification (Group) Co. Ltd., and Shanxi Lubao Coking Group Co. Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Metallurgical Coke Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides metallurgical coke market overviews, analyzes and forecasts market size, share, metallurgical coke market players, metallurgical coke market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s metallurgical coke market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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