Global Green Petroleum Coke & Calcined Petroleum Coke market will reach 33.58 billion US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/9

The key driving factors are growing demand for petroleum coke in the steel industry, development in the heavy oils supply across the globe, growth in the power generation and cement power industries and favorable policies of government regarding the green and sustainable environment. 

Another reason behind the expansion of this market is remarkable growth in car, rail and transport development which has increased the demand for steel and petroleum coke. The rising use of green petroleum coke in electronic and ceramics industries is expected to boost the growth of the global Green Petroleum Coke & Calcined Petroleum Coke market. Increasing construction activities, particularly in India, Thailand, Japan, and China, is fuelling the growth of the global market.

The expert team of analysts in QY Research forecast that global market for green petroleum coke & Calcined Petroleum Coke is anticipated to grow at US$ 33.58 Bn in the year 2025 from US$ 24.11 Bn, registering a moderate CAGR of 4.8% during the projected period.

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