Green Petroleum Coke & Calcined Petroleum Coke Market size is forecast to reach $19.34 billion by 2025, after growing at a CAGR of 8.80% during 2020-2025. Green petcoke is used as a fuel whereas calcined petcoke used as a feedstock for wide range of the products such as aluminum, paints, coatings and colorings, etc. The global production of petroleum coke has been increasing in the last few years, this is due to the rising supply of heavy crude oils in the global market.

Key Takeaways
The rising use of green petroleum coke in electronic and ceramics industries is expected to boost the growth of the global green petroleum coke & calcined petroleum coke market.

Petroleum coke offers added advantages such as safe handling, transportation, and storage with lox toxicity. Hence, the demand for petroleum coke is anticipated to increase in metallurgical applications in the forecast period.

The use of green and calcined petroleum coke as a source for electricity generation is expected to drive the market growth in the near future.

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By Application - Segment Analysis

Cement segment held a significant share in green petroleum coke & calcined petroleum coke market in 2019 growing at a CAGR of 8.91% during the forecast period. Enhanced acceptance of fuel-grade green petroleum coke as a green alternative compared to more conventional fuels as authentic and perfect source of renewable energy in industries such as building and construction, cement, and power production.

Drivers – Green Petroleum Coke & Calcined Petroleum Coke Market
Growing demand from end-use industries

Market Landscape: Major players in the green petroleum coke & calcined petroleum coke market are AMINCO RESOURCES LLC., Asbury Carbons, Aluminium Bahrain (Alba), Atha Group, Carbograf Industrial S.A. de C.V., Rain Carbon Inc., Minmat Ferro Alloys Private Limited, Shandong KeYu Energy Co., Ltd., Weifang Lianxing New Material Technology Co., Ltd., and Linyi Zhenhua Carbon Technology Co., Ltd., among others.

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