Developing Economies Drive Petroleum Coke Demand, But Environmental Worries and Energy Transition Loom
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Emerging economies driving increased demand for petroleum coke amid industrialization and urbanization.
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Cost-effectiveness and high calorific value make petroleum coke an attractive fuel option.
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Metal industry and steel production are significant drivers of petroleum coke demand.
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Environmental concerns around petroleum coke's impact and stricter regulations pose challenges.
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Fluctuating crude oil prices and global energy transition towards renewables impact petroleum coke market dynamics.