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Pitch Coke Market Size, Share & Industry Analysis, By Application (Aluminum Anode, Artificial Graphite Electrode, Recarburizer, Carbon Specialty, Carbon Additive, Antifriction, Refectories, Others) And Regional Forecast, 2024-2032

Region : Global | Report ID: FBI105394 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Pitch coke is produced from coal tar that occurs during coke production. It is also a by-product, which comes from the thermal distillation of graphite or bituminous coal manufacturing. It has relatively high thermal conductivity and inherently low in sulfur than calcined pet-coke. Furthermore, the pitch coke is extremely high in carbon but low in impurities. It is mainly used as a raw material and carburization agent in several products. The pitch coke finds its application in the aluminum anode, artificial graphite electrode, recarburizer, carbon specialty, carbon additive, antifriction, flame retardant, and refectories.  


The increasing demand for pitch coke from the various application will fuel the market growth. As a raw material, the product is used for the anode in aluminum smelting. In the manufacturing of electrodes, the pitch coke is highly used as a recarburiser and input. Moreover, the product inhibits considerably lower content of volatile components, thereby makes it’s a preferred choice when compared with green petroleum coke. The increase in governmental initiatives on the usage of solar panels in commercial and residential buildings coupled with rising demand for electrode will boost the consumption of pitch coke. Hence, these factors will fuel market growth during the forecast timeline.

However, the climatic changes affect the working of solar panels, thereby affect the solar panel use in various applications.   Hence, this is anticipated to hamper the market growth.

Key Market Driver -

The rising demand of pitch coke from various applications to drive the market growth.

Key Market Restraint -

Climatic changes to hamper the market growth


Market Segmentation:


Based on application, the pitch coke market is segmented into aluminum anode, artificial graphite electrode, recarburizer, carbon specialty, carbon additive, antifriction, flame retardant, refectories, 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 pitch coke market include SUMMIT CRM Limited, Rain Carbon Inc, Sojitz JECT Corporation, DONGSUNG CORPORATION, ASBURI CARBONS, Bilbaína de Alquitranes, S.A, Shamokin Carbons, Ukrgraphit, Mitsubishi Chemical, Tianjin Yunhai Carbon Element Products Co., Ltd., Shamokin Carbons, RESORBENT S.R.O., C-Chem Co., and Baosteel Chemical.

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 sustainable growth in the pitch coke market. The growth is attributed to the increasing product demand in the aluminum anode and carbon specialty applications. The higher product adoption in electrode and refectories will fuel the market growth in North America, in which the US and Canada are the leading countries. In Europe, the growth is due to, increasing use of the product in recarburizer and flame retardant applications. The Middle East & Africa is anticipated to witness significant growth, owing to the adoption of pitch coke in the antifriction.

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Segmentation


















 ATTRIBUTES 

 DETAILS     

By Application



  • Aluminum Anode

  • Artificial Graphite Electrode

  • Recarburizer

  • Carbon Specialty

  • Carbon Additive

  • Antifriction

  • Flame Retardant

  • Refectories

  • 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)



  • Ongoing
  • 2023
  • 2019-2022

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