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Needle Coke Market, Global Outlook and Forecast 2023-2029

The global Needle Coke market was valued at US$ 3507.9 million in 2022 and is projected to reach US$ 5120 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Needle Coke market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.



The China market for Global Needle Coke market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Needle Coke market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


Needle coke is a needle-shaped carbon material. With low electrical resistance, strong shock resistance and good anti-oxidation ability, it can be widely used in ultra-high graphite electrode, nuclear reactor deceleration materials and LIB anode materials. According to different raw material, needle coke can be classified as coal-based and petroleum-based.

This report aims to provide a comprehensive presentation of the global market for Needle Coke, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Needle Coke. This report contains market size and forecasts of Needle Coke in global, including the following market information:


  • Global Needle Coke Market Revenue, 2018-2023, 2024-2029, ($ millions)

  • Global Needle Coke Market Sales, 2018-2023, 2024-2029, (K MT)

  • Global top five Needle Coke companies in 2022 (%)


The main market for needle coke is Asia Pacific, accounting for about 50% of the total market, followed by North America, accounting for about 25%.

Phillips 66, C-Chem, Seadrift Coke, Shanxi Jinzhou Group and Sumitomo Corporation are the major manufacturers, with the top three accounting for about 65%.

We surveyed the Needle Coke manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Needle Coke Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Needle Coke Market Segment Percentages, by Type, 2022 (%)


  • Petroleum-based

  • Coal-based

Global Needle Coke Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Needle Coke Market Segment Percentages, by Application, 2022 (%)


  • Graphite Electrode

  • Special Carbon Material

  • Others

Global Needle Coke Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Needle Coke Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Needle Coke revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Needle Coke revenues share in global market, 2022 (%)

  • Key companies Needle Coke sales in global market, 2018-2023 (Estimated), (K MT)

  • Key companies Needle Coke sales share in global market, 2022 (%)

key players include:


  • ConocoPhillips

  • C-Chem

  • Seadrift Coke

  • JXTG Holdings

  • Sumitomo Corporation

  • Mitsubishi Chemical

  • Indian Oil Company

  • Shanxi Hongte Coal Chemical

  • Fangda Carbon

  • Shanxi Jinzhou Group

  • CNPC Jinzhou Petrochemical

  • Shandong Yida New Material

  • Sinosteel

Outline of Major Chapters:

Chapter 1: Introduces the definition of Needle Coke, market overview.

Chapter 2: Global Needle Coke market size in revenue and volume.

Chapter 3: Detailed analysis of Needle Coke manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Needle Coke in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Needle Coke capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports 1.1 Needle Coke Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Needle Coke Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Needle Coke Overall Market Size 2.1 Global Needle Coke Market Size: 2022 VS 2029 2.2 Global Needle Coke Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Needle Coke Sales: 2018-2029 3 Company Landscape 3.1 Top Needle Coke Players in Global Market 3.2 Top Global Needle Coke Companies Ranked by Revenue 3.3 Global Needle Coke Revenue by Companies 3.4 Global Needle Coke Sales by Companies 3.5 Global Needle Coke Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Needle Coke Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Needle Coke Product Type 3.8 Tier 1, Tier 2 and Tier 3 Needle Coke Players in Global Market 3.8.1 List of Global Tier 1 Needle Coke Companies 3.8.2 List of Global Tier 2 and Tier 3 Needle Coke Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Needle Coke Market Size Markets, 2022 & 2029 4.1.2 Petroleum-based 4.1.3 Coal-based 4.2 By Type - Global Needle Coke R

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