Green Petroleum Coke & Calcined Petroleum Coke Market to Grow at a CAGR of 8.80% During 2020-2025
Posted on Jun 4 2020 7:28 AM "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." Green Petroleum Coke & Calcined Petroleum Coke Market size is forecast to reach $19.34 billion by 2025, after growing at a CAGR of 8.80% during 2020-2025. Green petcoke is used as a fuel whereas calcined petcoke used as a feedstock for wide range of the products such as aluminum, paints, coatings and colorings, etc. The global production of petroleum coke has been increasing in the last few years, this is due to the rising supply of heavy crude oils in the global market. By Type - Segment Analysis Calcinated coke segment held a significant share in green petroleum coke & calcined petroleum coke market in 2019. Green petroleum coke with low sulfur content is upgraded through calcining and is used as a raw material for the production of aluminum and steel...