Published By: Syndicate Market Research
Petroleum Coke Market - Global Industry Perspective,
Comprehensive Analysis and Forecast, 2014 – 2020
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Petroleum Coke Market
Petroleum coke is valuable consumer products derived from oil refining process. Petroleum coke is also
known as pet coke. The crude oil residue further refined by a process known as coking to produce pet coke.
Petroleum coke has highest carbon purity and is used in energy and in the aluminum, graphite electrode,
steel, titanium dioxide and other carbon consuming industries. Petroleum coke can resemble small spheres,
ranging in size from a grain of sand to a large marble.
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The major driving factor of the global petroleum coke market is increasing power generation and cements
industries. Another key factor is growing demand from aluminum and steel industries and is expected to
drive petroleum coke market during the forecast period. Strong demand coupled with infrastructure
development in Middle East & Africa is projected to fuel the petroleum coke market in the region in the
years to come. However, unfavorable effect on the environment and health awareness expected to hamper
the growth of petroleum coke market.
The market for petroleum coke is segmented on the basis of product, end-use and geography. On the basis
of product segment, petroleum coke market has been classified into fuel grade coke and calcined coke. Fuel
grade coke is the largest product segment market and is expected to witness robust growth over the
forecast period. Key end-use include in petroleum coke market such as calcining, power plant, cement, blast