Calcined Anthracite Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
The global calcined anthracite market reached a value of US$ 3.38 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.84 Billion by 2027, exhibiting at a CAGR of 2.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Calcined anthracite is produced by annealing anthracite coal in a horizontal gas furnace at an extreme temperature. It decreases the electrical resistivity property of the material and removes residual volatile organic compounds. As a result, it is widely utilized as a recarburiser in ladle and blast furnaces for producing carbon blocks and tamping paste. It is also gaining popularity as an alternative to calcined oil coke in the production of ductile and grey irons. Nowadays, electrically calcined anthracite (ECA) with high electrical resistance is extensively utilized by several manufacturers for making uniform industrial products.
Calcined Anthracite Market Trends:
The widespread use of steel in the construction, agriculture, and automobile industries represents one of the major factors catalyzing the demand for calcined anthracite across the globe. In addition to this, as calcined anthracite has high purity, it is widely used in battery casings as a vital filler component. The boosting sales of electric vehicles (EVs) and the thriving aviation industry are also positively influencing its adoption, which, in turn, is bolstering the market growth. Apart from this, it is utilized as a filler in the production of ramming and electrode paste, cathode blocks, carbon electrodes, and other carbon products. This, in confluence with the rising use of filtration systems in drinking water and wastewater management, is contributing to the market growth. Furthermore, as calcined anthracite releases fewer toxic gases than other forms of coals, it finds extensive applications in heating and power generation worldwide. This, coupled with the surging demand for energy on account of rapid industrialization and the increasing dependence on electrification, is anticipated to present lucrative opportunities to market players.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global calcined anthracite market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on technology, application and end use industry.
Breakup by Technology:
Gas Calcined Anthracite
Electrically Calcined Anthracite
Breakup by Application:
Pulverized Coal Injection (PCI)
Basic Oxygen Steelmaking
Electric Arc Furnaces
Breakup by End Use Industry:
Iron and Steel
Pulp and Paper
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Asbury Carbon, Black Diamond (Clarus Corporation), Dev Technofab Ltd., Elkem ASA (Orkla ASA), Headwin Exim Private Limited, Henan Star Metallurgy Material Co.Ltd, Jh Carbon Pty Ltd, Kingstone Group, Resorbent s.r.o., Rheinfelden Carbon Products GmbH, Sojitz JECT Corporation and Voltcon International PTE Limited. Key Questions Answered in This Report:
How has the global calcined anthracite market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global calcined anthracite market?
What are the key regional markets?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global calcined anthracite market and who are the key players?
What is the degree of competition in the industry?
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook