The
report presents insights into the market drivers, restraints,
opportunities, and threats in the global petroleum coke market. The
research report estimates that this market will register a CAGR of
8.5% from 2014 to 2020. This robust growth rate will mainly be a
result of accelerating industrialization in developing nations of the
world. According to the research report, the global petroleum coke
market was valued at US$13.3 bn in 2013 and is expected to be worth
US$24.1 bn by 2020.
In-depth
research report on Petroleum Coke Market with Full TOC
at :
http://www.transparencymarketresearch.com/petroleum-coke-market.html
The
global petroleum coke market is segmented on the basis of products,
end use, and geography. There are two types of products in the
petroleum coke market, namely, fuel grade coke and calcined coke.
Depending on the end use of petroleum coke, the market is divided
into calcining, cement kilns, power plants, blast furnace, and
others. Geographically, the global petroleum market is categorized
into Asia Pacific, Europe, North America, and Rest of World.
The
fuel grade coke segment is expected to dominate the global petroleum
coke market due to its cost efficiency over natural gas and coal.
Fuel grade coke segment will also witness a good growth rate due to
the high calorific value of the product in comparison to natural gas
and coal. However, calcined pet coke is also projected to grow in the
coming years due to growing production of aluminum. The only
hindrance witnessed by the global petroleum coke market is the
negative impact of these products on the environment that is
significantly contributing to pollution. However, players can
turnaround this restraint into a driver by shifting to petcoke
gasification to offer cleaner power solutions for better profit
margins.
Geographically,
Asia Pacific dominated the global petroleum coke market in 2013,
accounting for 32.0% of the overall market, in terms of revenue. The
growth of this segment can be attributed to increasing demand for
petcoke in the developing economies of India and China. As the cement
and power generation industries cater to demand generated from the
rapid industrialization, manufacturing sector, and stabilizing
economy, the need for petcoke in these countries also multiplies.For
a comprehensive outlook, the research on the global petroleum coke
market studies the important players in the market.
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further inquiries, click here :
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Some
of the profiled companies in this market are Reliance Industries
Limited, BP Plc, Essar Oil Ltd, Chevron Corporation, Saudi Arabian
Oil Company, ExxonMobil Corporation, Indian Oil Corporation Limited,
Royal Dutch Shell Plc, and Valero Energy Corporation. The company
profile includes an analysis of their financial status, research and
development activities, business and marketing strategies, and
overall outlook for the coming few years.
The
global petroleum coke market has been segmented in the following
ways:
Petroleum
Coke Market: Product Type Analysis
- Fuel Grade Coke
- Calcined Coke
Petroleum
Coke Market: End Use Segment Analysis
- Calcining
- Power Plants
- Cement Kilns
- Blast Furnace
- Others
Petroleum
Coke Market: Regional Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
Browse
Article Of Petroleum Coke Market :
http://www.transparencymarketresearch.com/article/petroleum-coke-market.htm
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