The Global Metallurgical Coke Market generated revenue of around USD 120,360 million in 2021 and is anticipated to grow a CAGR of over -3.48% during the forecast period from 2021 to 2028 to reach around USD 96,310 million in 2028. While, cumulative growth opportunity presented by the global Metallurgical Coke is around USD 751.64 billion during 2022 to 2028.
Global Metallurgical Coke Market, 2021 – 2028 (USD Million)
Metallurgical coke is a primary raw material necessary for steel and iron production. Hence, iron and steel industry market trends directly impact the market for metallurgical coke. Increasing demand for crude steel worldwide is projected to drive the expansion of the metallurgical coke market. This will result in increased use of synthetic graphite for metallurgical uses. The metallurgical coke market is projected to maintain a steady growth rate over the next ten years. Metallurgical coke is divided into three basic categories: ash size and content. These include technical coke and foundry coke, and blast furnace coke.
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High Purity Metallurgical Coke to Grow at Rapid Pace
Blast Furnace Coke, Nut Coke, Buckwheat Coke, Coke Breeze and Coke Dust are some of the important types of Metallurgical Coke used across different industries. However, Blast Furnace Coke Metallurgical Coke is growing in demand and held significant share in total revenue generation with over 35% in 2021. While, Nut Coke and Buckwheat Coke market segment is poised to play important role growth of Metallurgical Coke in the years to come.
Iron & Steel to Govern Future Growth of Metallurgical Coke Industry
Steel, Foundry Industry and Other are major application markets for the global Metallurgical Coke industry. Iron & Steel industry held the largest share of global Metallurgical Coke industry in 2021 with over 35% contribution to revenue generated by Metallurgical Coke market. Secondly, foundry industry is also expected to grow at a significant CAGR which in turn likely to drive demand for Metallurgical Coke.
Asia Pacific is Leading Metallurgical Coke Demand
Asia Pacific is leading the Metallurgical Coke industry with over 40% share in 2021. Increasing demand for iron & steel and foundry products in the region from end-user industries, demand for Metallurgical Coke is on the rise. Moreover, demand for Metallurgical Coke is growing in Asia Pacific owing to rapid growth of emerging economies. China, India, Japan, South Korea, Vietnam, etc. are most prominent economies in the region poised to play critical role in the future growth of this industry. While, Egypt, South Africa and Nigeria are expected to be next growth market in the years to come. Stringent environmental regulations in U.S., Canada, UK, Germany and France are limiting the demand for Metallurgical Coke.
Major players operating in the Metallurgical Coke industry include but not limited to ABC Coke, Ansteel, ArcelorMittal, Baosteel, BlueScope, Gujarat NRE Coke, Haldia Coke, Hickman, Williams & Company, Jiangxi BLACKCAT Carbon Black, JSW Group, Lubao-Group, Mid-Continent Coal and Coke Company, Nippon Steel & Sumitomo Metal, POSCO, Risun, Shanxi Coking Coal, SunCoke Energy, Sunlight Coking, Taiyuan Coal Gasfication, Tata Steel, United States Steel and Wisco. Global Metallurgical Coke market is characterized by the presence of large number of manufacturers across the world. Increasing production capacity in order to achieve economies of scale and growing in market share is primary focus of the industry participants.
Market Segmentation
Global Metallurgical Coke Market by Type, 2016 – 2028
- Blast Furnace Coke
- Nut Coke
- Buckwheat Coke
- Coke Breeze
- Coke Dust
Global Metallurgical Coke Market by Distribution Channel, 2016 – 2028
- Steel
- Foundry Industry
- Other
Global Metallurgical Coke Market by Company, 2016 – 2028
- ABC Coke
- Ansteel
- ArcelorMittal
- Baosteel
- BlueScope
- Gujarat NRE Coke
- Haldia Coke
- Hickman, Williams & Company
- Jiangxi BLACKCAT Carbon Black
- JSW Group
- Lubao-Group
- Mid-Continent Coal and Coke Company
- Nippon Steel & Sumitomo Metal
- POSCO
- Risun
- Shanxi Coking Coal
- SunCoke Energy
- Sunlight Coking
- Taiyuan Coal Gasfication
- Tata Steel
- United States Steel
- Wisco
- Others
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Table of Content
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Metallurgical Coke Market
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Metallurgical Coke Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Application
3.3.3. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis
4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players
5. COVID 19 Impact Analysis
5.1. Global Metallurgical Coke Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply
6. North America
6.1. North America Metallurgical Coke Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Metallurgical Coke Market, by Type, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Blast Furnace Coke
6.2.3. Nut Coke
6.2.4. Buckwheat Coke
6.2.5. Coke Breeze
6.2.6. Coke Dust
6.3. North America Metallurgical Coke Market, by Application, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Steel
6.3.3. Foundry Industry
6.3.4. Other
7. Europe
7.1. Europe Metallurgical Coke Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Spain
7.1.7. Belgium
7.1.8. Netherland
7.1.9. Austria
7.1.10. Sweden
7.1.11. Poland
7.1.12. Denmark
7.1.13. Switzerland
7.1.14. Rest of Europe
7.2. Europe Metallurgical Coke Market, by Type, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Blast Furnace Coke
7.2.3. Nut Coke
7.2.4. Buckwheat Coke
7.2.5. Coke Breeze
7.2.6. Coke Dust
7.3. Europe Metallurgical Coke Market, by Application, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Steel
7.3.3. Foundry Industry
7.3.4. Other
8. Asia Pacific
8.1. Asia Pacific Metallurgical Coke Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Southeast Asia
8.1.9. Central Asia
8.1.10. Rest of Asia Pacific
8.2. Asia Pacific Metallurgical Coke Market, by Type, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. Blast Furnace Coke
8.2.3. Nut Coke
8.2.4. Buckwheat Coke
8.2.5. Coke Breeze
8.2.6. Coke Dust
8.3. Asia Pacific Metallurgical Coke Market, by Application, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Steel
8.3.3. Foundry Industry
8.3.4. Other
9. Latin America
9.1. Latin America Metallurgical Coke Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Metallurgical Coke Market, by Type, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. Blast Furnace Coke
9.2.3. Nut Coke
9.2.4. Buckwheat Coke
9.2.5. Coke Breeze
9.2.6. Coke Dust
9.3. Latin America Metallurgical Coke Market, by Application, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Steel
9.3.3. Foundry Industry
9.3.4. Other
10. Middle East
10.1. Middle East Metallurgical Coke Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2. KSA
10.1.3. Israel
10.1.4. Turkey
10.1.5. Iran
10.1.6. Rest of Middle East
10.2. Middle East Metallurgical Coke Market, by Type, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. Blast Furnace Coke
10.2.3. Nut Coke
10.2.4. Buckwheat Coke
10.2.5. Coke Breeze
10.2.6. Coke Dust
10.3. Middle East Metallurgical Coke Market, by Application, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Steel
10.3.3. Foundry Industry
10.3.4. Other
11. Africa
11.1. Africa Metallurgical Coke Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Metallurgical Coke Market, by Type, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. Blast Furnace Coke
11.2.3. Nut Coke
11.2.4. Buckwheat Coke
11.2.5. Coke Breeze
11.2.6. Coke Dust
11.3. Africa Metallurgical Coke Market, by Application, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Steel
11.3.3. Foundry Industry
11.3.4. Other
12. Global
12.1. Global Metallurgical Coke Market, by Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Blast Furnace Coke
12.1.3. Nut Coke
12.1.4. Buckwheat Coke
12.1.5. Coke Breeze
12.1.6. Coke Dust
12.2. lobal Metallurgical Coke Market, by Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Steel
12.2.3. Foundry Industry
12.2.4. Other
13. Company Profiles
13.1. ABC Coke
13.2. Ansteel
13.3. ArcelorMittal
13.4. Baosteel
13.5. BlueScope
13.6. Gujarat NRE Coke
13.7. Haldia Coke
13.8. Hickman, Williams & Company
13.9. Jiangxi BLACKCAT Carbon Black
13.10. JSW Group
13.11. Lubao-Group
13.12. Mid-Continent Coal and Coke Company
13.13. Nippon Steel & Sumitomo Metal
13.14. POSCO
13.15. Risun
13.16. Shanxi Coking Coal
13.17. SunCoke Energy
13.18. Sunlight Coking
13.19. Taiyuan Coal Gasfication
13.20. Tata Steel
13.21. United States Steel
13.22. Wisco
13.23. Others
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