The global needle coke market features a fragmented competitive landscape, Transparency Market Research (TMR) estimated. Phillips 66, JXTG Holdings, Inc., Mitsubishi Chemical Corporation, Baotailong New Material Co., Ltd., and Indian Oil Corporation Ltd. are the few key players in the global needle coke market. The key players are investing to improve their production capacity in order to cater to the growing demand for needle coke.
Needle coke, a crucial raw material in the production of high-performance graphite electrodes used in electric arc furnaces for steelmaking, has witnessed a significant surge in demand over the years. This specialized form of petroleum coke possesses unique properties that make it indispensable in the manufacturing of electrodes capable of withstanding extreme temperatures and providing exceptional electrical conductivity. As industries shift towards more sustainable and technologically ... Read more
