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Global Petroleum Coke (Petcoke) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Publisher GlobalInfoResearch
Published Jun 17, 2025
Length 176 Pages
SKU # GFSH20108987

Description

According to our (Global Info Research) latest study, the global Petroleum Coke (Petcoke) market size was valued at US$ 22280 million in 2024 and is forecast to a readjusted size of USD 32380 million by 2031 with a CAGR of 5.5% during review period.

Petcoke (often abbreviated pet coke or petcoke) is a carbonaceous solid delivered from oil refinery coker units or other cracking processes. Coking processes that can be employed for making petcoke include contact coking, fluid coking, flexicoking and delayed coking. Other coke has traditionally been delivered from coal.

Petroleum coke industry is a relatively fragmented industry. Currently, there are many producing companies in the world petroleum coke industry. The main market players are Sinopec, ExxonMobil, CNPC, Shell, Marathon Oil, Rosneft and Saudi Aramco.

Petroleum coke is a by-product of petroleum refining, mainly produced by processes such as cracking and coking of petroleum. It has the appearance of a black or dark gray solid, with the characteristics of high calorific value, low ash content, and low sulfur content, so it is widely used in metallurgy, chemical industry, power and other fields.

In recent years, with the recovery of the global economy and the upgrading of industrial structure, the production capacity and output of petroleum coke have been growing steadily. As the world's largest producer of petroleum coke, China's output and market size dominate the world. The supply side of petroleum coke is affected by many factors, including the maintenance plan of the refinery, the supply of raw materials, and production costs. For example, when the refinery is under maintenance, the output of petroleum coke may be affected. In addition, the tight supply of raw materials or rising costs may also lead to a reduction in the supply of petroleum coke.

In recent years, countries have strengthened environmental protection supervision and strictly restricted traditional steel production methods, prompting steel companies to improve their technical level and adopt more energy-saving and environmentally friendly production processes. This will increase the demand for higher quality and low-sulfur petroleum coke and promote the development of the high-end petroleum coke market.

In summary, the petroleum coke market is a field full of opportunities and challenges. In the future, with the recovery of the global economy, the upgrading of industrial structure, the promotion of environmental protection policies and the guidance of technological innovation, the petroleum coke market will present a broader development prospect.

This report is a detailed and comprehensive analysis for global Petroleum Coke (Petcoke) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Petroleum Coke (Petcoke) market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Petroleum Coke (Petcoke) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Petroleum Coke (Petcoke) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Petroleum Coke (Petcoke) market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Petroleum Coke (Petcoke)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Petroleum Coke (Petcoke) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Shell, Valero Energy, ConocoPhillips, Marathon Petroleum Corporation, Asbury Carbons, ExxonMobil, Aminco Resources, Carbograf, British Petroleum, LuxCarbon GmbH, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Petroleum Coke (Petcoke) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Needle Coke Type
Shot Coke Type
Sponge Coke Type
Honeycomb Coke Type
Others

Market segment by Application
Power
Cement
Aluminum
Steel
Others

Major players covered
Shell
Valero Energy
ConocoPhillips
Marathon Petroleum Corporation
Asbury Carbons
ExxonMobil
Aminco Resources
Carbograf
British Petroleum
LuxCarbon GmbH
Mitsubishi
Sumitomo
Nippon Coke & Engineering
Indian Oil
Atha
Essar Oil
Minmat Ferro Alloys
Rain Industries
Reliance
Aluminium Bahrain
Saudi Aramco
Sinopec
CNPC
CNOOC
CPC
Landbridge Group
Shaanxi Coal and Chem
Luqing Petrochemical

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Petroleum Coke (Petcoke) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Petroleum Coke (Petcoke), with price, sales quantity, revenue, and global market share of Petroleum Coke (Petcoke) from 2020 to 2025.

Chapter 3, the Petroleum Coke (Petcoke) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Petroleum Coke (Petcoke) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Petroleum Coke (Petcoke) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Petroleum Coke (Petcoke).

Chapter 14 and 15, to describe Petroleum Coke (Petcoke) sales channel, distributors, customers, research findings and conclusion.

Table of Contents

176 Pages
1 Market Overview
2 Manufacturers Profiles
3 Competitive Environment: Petroleum Coke (Petcoke) by Manufacturer
4 Consumption Analysis by Region
5 Market Segment by Type
6 Market Segment by Application
7 North America
8 Europe
9 Asia-Pacific
10 South America
11 Middle East & Africa
12 Market Dynamics
13 Raw Material and Industry Chain
14 Shipments by Distribution Channel
15 Research Findings and Conclusion
16 Appendix
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