Foundry Coke Market Size, Share & Industry Analysis, By Process (Beehive , Form-Coke , Jumbo-Ovens, Product Recovery , Others), By Application (Automotive Parts Casting, Machinery Casting, Material Treatment, Insulation, Others) And Regional Forecast 2023-2030

Region : Global | Report ID: FBI105247 | Status : Ongoing

KEY INDUSTRY INSIGHTS

Foundry coke is also called hard coal coke, it is a high-quality grade of coke. The process such as a beehive, form-coke, jumbo-ovens, and by-product recovery process are used in the manufacturing of foundry coke. The product is highly utilized for efficient cupolas for melting iron and other metals such as copper, lead, tin, and zinc at cupola furnace foundries. Additionally, the foundry coke has a denser structure, high carbon content, low ash content, high strength, and high heating value. It is also available in various sizes based on customer requirements. The foundry coke finds its use in various applications such as automotive parts casting, machinery casting, and insulation.

The foundry coke market is growing at its rapid pace owing to increasing its adoption over metallurgical coke. The product is available in a larger size when compared with metallurgical coke. Also, the large-sized foundry coke offers advantages of lower blasting pressure, reduced reaction with CO2, increased metal temperature, and reduced breakage from handling. These benefits make foundry coke as a sustainable choice over metallurgical coke. It is highly used as a supporting matrix, energy carrier, and reducing agent, during the pig iron manufacturing process. Hence rising demand for the product will boost the foundry coke market growth during the forecast timeline.

However, the fluctuation in the prices of foundry coke hampers the overall demand and restrict its adoption in various applications. Hence, this is anticipated to hamper the market growth.

Key Market Driver -

The rising demand for foundry coke over metallurgical coke to drive the market growth.

Key Market Restraint -

Fluctuation in the prices to restrict the market growth

Market Segmentation:

Based on process, the foundry coke market is segmented into beehive, form-coke, jumbo-ovens, by-product recovery, and others. Based on application, the market is segmented into automotive parts casting, machinery casting, material treatment, insulation, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

The key players in the foundry coke market include OKK Koksovny, a.s., Nippon Coke and Engineering, Walter Energy, Shandong Coking Group, ABC Coke, Shandong Sunshine Focal Electric, Jiangsu Surun Highcarbon, GR RESOURCE LTD, NalonChem, and Hickman, Williams & Company.

Key Insights

Key Emerging Trends – For Major Countries

Key Developments: Mergers, Acquisition, Partnership, etc.

Latest Technological Advancement

Insights on Regulatory Scenarios

Porters Five Forces Analysis

Regional Analysis:

Asia Pacific is anticipated to witness the highest growth in the foundry coke market. The growth is attributed to the rising demand for the product in the material treatment. Furthermore, the rising use of beehive and product recovery processes for foundry coke production will propel the market growth in this region. The increasing use of the product in the casting of the automotive part will fuel the market growth in Europe, in which UK and Germany are the leading contributors. In North America, the growth is due to the increasing adoption of the product in the insulation purpose. The Middle East & Africa is anticipated to witness significant growth, owing to the adoption of foundry coke in the machinery casting.

To gain extensive insights into the market, Request for Customization

Segmentation

ATTRIBUTES	DETAILS
By Process	Beehive Form-Coke Jumbo-Ovens Product Recovery Others
By Application	Automotive Parts Casting Machinery Casting Material Treatment Insulation Others
By Geography	North America (U.S. and Canada) Europe (UK, Germany, France, Italy, Spain, and Rest of Europe) Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific) Latin America (Brazil, Mexico, and Rest of Latin America) Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

REQUEST SAMPLE

SPEAK TO ANALYST

PUBLISHING STATUS: Ongoing
BASE YEAR: 2022
HISTORICAL DATA: 2019-2021

Personalize this Research

Granular Research on Specified Regions or Segments
Companies Profiled based on User Requirement
Broader Insights Pertaining to a Specific Segment or Region
Breaking Down Competitive Landscape as per Your Requirement
Other Specific Requirement on Customization

Chemicals & Materials Clients

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- UGlobal hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry