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Global Fuel-Grade Petcoke Market 2019-2023

Global Fuel-Grade Petcoke Market 2019-2023

About this market

Application of fuel-grade petcoke in blast furnaces to drive market growth. Fuel-grade petcoke is an essential commercial product that is widely used in power generation, cement kilns, and other industries. Blast furnaces are widely used for manufacturing iron and steel. They consume a significant amount of energy. Coking coal is the dominant source of energy in blast furnaces. Combustion of coal emits large quantities of carbon. which is a major greenhouse gas that drastically affects the environment. Technavio’ s analysts have predicted that the fuel-grade petcoke market will register a CAGR of nearly 4% by 2023.

Market Overview

Increase in oil refining capacity

Fuel-grade petcoke is a carbonaceous material, which is derived as a byproduct in the oil refineries. The growth in the global demand for oil has led to an increase in the oil refining capacity across the globe. The production of fuel-grade petcoke is directly proportional to the quantity of oil refined. Therefore, the growth in global oil refining capacity drives the global production of fuel-grade petcoke.

Use of alternatives to fuel-grade petcoke in cement industry

As the use of petcoke has been restrained in many countries such as India due to environmental concerns, users are exploring new alternatives to petcoke. For instance, almost three-fourths of the fuel requirement of cement producers is met through petcoke in India. The cement industry is the largest consumer of petcoke in the country. After the country executed a ban on the import of petcoke for using it as a fuel, import prices of petcoke have risen substantially.

For the detailed list of factors that will drive and challenge the growth of the fuel-grade petcoke market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Repsol and Suncor Energy the competitive environment is quite intense. Factors such as the increase in oil refining capacity and the application of fuel-grade petcoke in blast furnaces, will provide considerable growth opportunities to fuel-grade petcoke manufactures. Indian Oil, Oxbow, Phillips 66, Repsol, and Suncor Energy are some of the major companies covered in this report.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global oil and gas market
      • Table Segments of global oil and gas market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Cement industry - Market size and forecast 2018-2023
      • Table Cement industry - Market size and forecast 2018-2023 ($ millions)
      • Table Cement industry - Year-over-year growth 2019-2023 (%)
    • Power sector - Market size and forecast 2018-2023
      • Table Power sector - Market size and forecast 2018-2023 ($ millions)
      • Table Power sector - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision Framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Metal extraction from petcoke
    • Application of fuel-grade petcoke in blast furnaces
    • Strategic initiatives toward low-carbon transition in cement industry
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Indian Oil
      • Table Indian Oil - Vendor overview
      • Table Indian Oil - Business segments
      • Table Indian Oil - Organizational developments
      • Table Indian Oil - Geographic focus
      • Table Indian Oil - Segment focus
      • Table Indian Oil - Key offerings
    • Oxbow
      • Table Oxbow - Vendor overview
      • Table Oxbow - Key offerings
    • Phillips 66
      • Table Phillips 66 - Vendor overview
      • Table Phillips 66 - Business segments
      • Table Phillips 66 - Geographic focus
      • Table Phillips 66 - Segment focus
      • Table Phillips 66 - Key offerings
    • Repsol
      • Table Repsol - Vendor overview
      • Table Repsol - Business segments
      • Table Repsol - Geographic focus
      • Table Repsol - Segment focus
      • Table Repsol - Key offerings
    • Suncor Energy
      • Table Suncor Energy - Vendor overview
      • Table Suncor Energy - Business segments
      • Table Suncor Energy - Organizational developments
      • Table Suncor Energy - Geographic focus
      • Table Suncor Energy - Segment focus
      • Table Suncor Energy - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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