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Posted 10/3/2023, 12:00:00 AM

Petroleum Coke Market to Nearly Double in Size Over Next Decade Driven by Cement, Power, and Refining Industries

Global petroleum coke market size is anticipated to grow from USD 28.43 Billion to USD 57.24 Billion in 10 years due to development of cement, power, and petroleum refining industries.
Europe is expected to expand at the highest CAGR of 9.44% over the projection period due to cheap electricity production costs.
Fuel grade coke segment is anticipated to register the highest CAGR of 10.56% due to low production costs and high calorific value.
Steel segment is expected to register the highest CAGR of 10.95% driven by India's expanding building sector and global steel production growth.
Negative health and environmental impacts of petroleum coke expected to restrain market growth.

yahoo.com

Relevant topic timeline:

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Sulfuric Acid Market to See Significant Growth Through 2030 Driven by Automotive and Agriculture Demand

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