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市場調查報告書
商品編碼
1800239
針狀焦市場-2025年至2030年的預測Needle Coke Market - Forecasts fom 2025 to 2030 |
針狀焦市場預計將從 2025 年的 41.91 億美元成長到 2030 年的 57.41 億美元,複合年成長率為 6.49%。
預計全球針狀焦市場將在2025年至2030年期間強勁成長,這得益於電動車(EV)和鋼鐵生產(尤其是透過電弧爐(EAF)技術)需求的成長。針狀焦是一種從石油和煤焦油中提取的高品質碳材料,對於電弧爐煉鋼和電動汽車鋰離子電池陽極所使用的石墨電極的生產至關重要。嚴格的環境法規促進了永續鋼鐵生產,全球也大力推行交通電氣化,這推動了針狀焦市場的發展。挑戰包括原料供應有限和生產成本高。
市場促進因素
電動車需求不斷成長
電動車的興起是針狀焦市場的主要驅動力,因為針狀焦對於鋰離子電池石墨陽極的生產至關重要。國際能源總署 (IEA) 報告稱,電動車銷量顯著成長,2024 年全球銷量將達到 1,700 萬輛,較 2023 年成長 25%。這種成長,尤其是在中國,正在推動對高品質針狀焦的需求,以滿足電池生產需求。政府政策,例如美國在 2035 年強制要求 100% 實現零排放汽車,以及印度到 2030 年實現私家車中電動車普及率 30% 的目標,進一步推動了電池應用對針狀焦的需求。
電弧爐煉鋼產量增加
在更嚴格的環境法規推動下,全球轉向電弧爐煉鋼,這增加了對針狀焦(石墨電極的關鍵原料)的需求。電弧爐技術的碳排放低於傳統高爐,正變得越來越普及。 2023 年 11 月,JFE 鋼鐵公司宣布計劃在其日本倉敷廠建造一座大型電弧爐,目標是到 2027 年每年減少排放260 萬噸。同樣,海格Group Limited將在 2023 年 11 月將其石墨電極產能擴大到每年 10 萬噸,這將進一步增加其對針狀焦的需求。中國於 2022 年發布的工業碳達峰計畫預測,到 2030 年,電弧爐煉鋼將佔鋼鐵產量的 20% 以上,廢鋼加工能力將超過每年 1.8 億噸。
市場限制
針狀焦市場面臨挑戰,因為原料供應有限且生產成本高昂,這可能會限制供應並推高價格。部分地區的監管不統一和基礎設施限制也阻礙了市場成長。此外,經濟不確定性和供應鏈中斷也對持續生產和分銷構成風險,尤其是在新興市場。
The needle coke market is expected to grow from USD4.191 billion in 2025 to USD5.741 billion in 2030, at a CAGR of 6.49%.
The global needle coke market is projected to experience robust growth from 2025 to 2030, driven by increasing demand for electric vehicles (EVs) and steel production, particularly through electric arc furnace (EAF) technology. Needle coke, a high-quality carbon material derived from petroleum or coal tar, is critical for manufacturing graphite electrodes used in EAF steelmaking and lithium-ion battery anodes for EVs. The market is fueled by stringent environmental regulations promoting sustainable steel production and the global push for electrification in transportation. Challenges include raw material supply constraints and high production costs.
Market Drivers
Rising Demand for Electric Vehicles
The surge in EV adoption is a primary driver of the needle coke market, as needle coke is essential for producing graphite anodes in lithium-ion batteries. The International Energy Agency reported significant EV sales growth, with global sales reaching 17 million in 2024, a 25% increase from 2023. This growth, particularly in China, drives demand for high-quality needle coke to meet battery production needs. Government policies, such as the U.S. mandate for 100% zero-emission vehicles by 2035 and India's target for 30% EV penetration in private cars by 2030, further boost demand for needle coke in battery applications.
Increasing Steel Production via EAF
The global shift toward EAF steelmaking, driven by stricter environmental regulations, is increasing demand for needle coke, a key raw material for graphite electrodes. EAF technology, which emits less carbon than traditional blast oxygen furnaces, is gaining traction. In November 2023, JFE Steel announced plans to build a large-scale EAF at its Kurashiki plant in Japan, aiming to reduce emissions by 2.6 million tons annually by 2027. Similarly, HEG Limited expanded its graphite electrode capacity to 100 kilotons per annum in November 2023, reinforcing the growing need for needle coke. China's Industrial Carbon Peaking plan, issued in 2022, projects EAF steelmaking to account for over 20% of steel production by 2030, with an annual scrap processing capacity exceeding 180 million metric tons.
Market Restraints
The needle coke market faces challenges due to limited raw material availability and high production costs, which can constrain supply and increase prices. Regulatory discrepancies and infrastructural limitations in some regions also hinder market growth. Additionally, economic uncertainties and supply chain disruptions pose risks to consistent production and distribution, particularly in emerging markets.
Market Segmentation
By Application
The market is segmented into graphite electrodes, lithium-ion batteries, and other applications like specialty carbon and ferroalloys. Graphite electrodes dominate, holding over 55% of the market share in 2023, driven by their critical role in EAF steelmaking. Lithium-ion battery applications are growing rapidly, fueled by EV production and energy storage demands, with needle coke used in high-performance anode materials.
By Grade
The market includes intermediate, premium, and super-premium grades. Intermediate-grade needle coke held over 50% of the market revenue in 2023 due to its cost-effectiveness and versatility in steel and battery applications. Super-premium grades are gaining traction for their low sulfur content and high performance in advanced applications.
By Geography
The Asia-Pacific region dominates, accounting for 63.5% of global market revenue in 2024, with China leading due to its robust steel and EV industries. China's needle coke market is expected to reach $2.47 billion by 2030, driven by its position as the world's largest steel producer, with 67.4 million metric tons produced in 2023. India is the fastest-growing market in the region, with its lithium-ion battery market projected to grow at a CAGR of 50% to 220 GWh by 2030. North America and Europe are also significant, driven by EV adoption and steel industry modernization.
Key Industry Developments
In January 2025, Chevron Lummus Global and TAQAT signed an agreement to enhance needle coke production for steel and battery applications, emphasizing technological advancements. In November 2023, Nippon Steel Corporation acquired a 20% stake in Elk Valley Resources to secure raw materials for needle coke production. These developments highlight the industry's focus on capacity expansion and sustainability.
The needle coke market is set for strong growth from 2025 to 2030, driven by EV battery production and EAF steelmaking. Asia-Pacific, particularly China, leads due to its dominant steel and EV sectors. Despite challenges like raw material scarcity, strategic investments and technological innovations will drive market expansion. Industry players must focus on sustainable production and supply chain stability to capitalize on growing demand.
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