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市場調查報告書
商品編碼
1404381

針狀焦:市場佔有率分析、產業趨勢與統計、2024年至2029年成長預測

Needle Coke - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2024 - 2029

出版日期: | 出版商: Mordor Intelligence | 英文 150 Pages | 商品交期: 2-3個工作天內

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簡介目錄

2024年針狀焦市場規模預估為214萬噸,預估2029年將達379萬噸,預測期(2024-2029年)複合年成長率為12.07%。

針狀焦-市場-IMG1

COVID-19 大流行對針狀焦市場產生了負面影響。疫情期間,鋼廠需求減少顯著影響石墨電極生產,針狀焦消耗量減少。自2020年以來,由於石墨電極的持續生產,市場穩步擴大。

主要亮點

  • 短期來看,電弧爐鋼鐵製造投資的增加以及政府增加廢鋼消費的政策是市場成長的主要動力。
  • 另一方面,與石油焦相關的健康危害正在阻礙針狀(石油基)焦市場的成長。
  • 在預測期內,全球鋰離子電池產量的成長可能會為受訪市場帶來機會。
  • 亞太地區主導市場,預計在預測期內複合年成長率最高。

針狀焦市場趨勢

石墨電極佔據市場主導地位

  • 針狀焦是由煤焦油和石油生產的優質碳原料。一種高品位、高價值的石油焦,用於生產鋼鐵工業電弧爐的熱膨脹係數 (CTE) 極低的石墨電極。
  • 石墨電極主要用於電爐煉鋼、合金鋼、各種合金、非金屬熔煉等。此外,石墨具有高導熱性,並且非常耐熱和耐衝擊。它還具有低電阻,這對於承載熔化鐵所需的大電流是必需的。這使其能夠保持 EAF(電爐)產生的極高水平的熱量。
  • 粗鋼和鋁產量的增加預計將推動石墨電極的使用並推動針狀焦的需求。然而,這些金屬的生產趨勢預計將不規則,並為市場需求帶來不確定性。
  • 2023年4月,世界鋼鐵協會發布了2023年和2024年鋼鐵需求短期展望(SRO)預測,顯示2023年鋼鐵需求將恢復2.3%,達到1,822.3噸,2024年將成長1.7%。預計將達到1,854.0 Mt 。此外,2022年全球粗鋼產量將為1,878.5噸,與前一年同期比較下降4.2%。
  • 中國是最大的石墨電極生產國。中國石墨電極產量佔全球60%以上。此外,中國也是石墨電極最大的消費國,因為它擁有最大的鋼鐵工業。過去幾年,石墨電極的價格大幅上漲。
  • 根據國際回收局統計,中國鋼鐵製造過程中約有2.262億噸廢鋼被用於回收。此外,中國廢鐵供應量的增加顯示石墨電極生產中使用的針狀焦消費量增加。
  • 美國鋼鐵公司已開始尋找新的電爐 (EAF)位置來生產高級鋼,耗資約 30 億美元。預計這一趨勢將支撐受訪市場。
  • 不過,歐洲鋼鐵協會(EUROFER)調整了消費量的預測。與2022年2月預測的地區金屬消費量成長3.2%相比,該協會預計將下降約1.9%。
  • 國際鋁業協會的數據顯示,2022年全球鋁產量僅成長2.0%,低於2021年的2.7%,是2019年以來最慢的成長速度。
  • 上述因素可能會影響預測期內石墨電極應用的針狀焦需求。
針狀焦-市場-IMG2

亞太地區主導市場

  • 亞太地區預計將主導針狀焦市場,因為該地區包括中國(最大的針狀焦生產國和消費國)和日本等國家。
  • 中國石墨電極消費量和產能佔據全球最大佔有率,展現了中國鋼鐵生產的潛力。目前,中國有40多家官方石墨電極製造商,過去幾年,已有30家新公司進入市場,與電極一起,其他耐火材料產品也加入了市場。
  • 除此之外,中國政府也致力於發展環保鋼鐵生產方式。數十萬噸容量的新電弧爐已經在準備中。
  • 日本是石油、煤炭和焦油針狀焦的主要生產國和出口國之一。日本公司是世界上最大的石墨電極生產商之一。石墨電極的市場領導者包括 Showa Denko、Nippon Carbon、SEC Carbon 和 Tokai Carbon。
  • 日本的 UPS 需求是由資料中心對評級電源的需求不斷成長以及國內技術發展的不斷成長所推動的。對用於儲存太陽能的重力儲能電池的需求不斷增加預計將推動國內鋰離子電池市場。
  • 2022年3月,松下公司宣布有意在其和歌山工廠投資建立一家工廠,專門為電動車市場生產新型4,680鋰離子電池。該工廠計劃於 2024 年 3 月開始生產。
  • 印度是世界第二大鋼鐵生產國。根據世界鋼鐵協會的資料,2022年印度粗鋼產量增加約5.80%,達到1.244億噸,而2021年為1.182億噸。該國每年約佔全球鋼鐵產量的4.8%。
  • 2022年11月,HEG Ltd宣布未來三年將在印度建立一座新的鋰離子電池石墨電極製造廠。
  • 因此,由於上述方面,亞太地區預計將主導全球市場。

針狀焦產業概況

針狀焦市場具有綜合性。市場主要企業(排名不分先後)包括菲利普斯66公司、遼寧寶萊生物能源公司、中國石油天然氣集團公司(中石油)、山東億達融通貿易有限公司和山東景陽科技有限公司。

其他福利

  • Excel 格式的市場預測 (ME) 表
  • 3 個月分析師支持

目錄

第1章簡介

  • 調查先決條件
  • 調查範圍

第2章調查方法

第3章執行摘要

第4章市場動態

  • 促進因素
    • 加大對電爐鋼生產的投資
    • 政府政策增加廢鐵消耗
  • 抑制因素
    • 與石油焦相關的健康危害
  • 產業價值鏈分析
  • 產業吸引力-波特五力分析
    • 供應商的議價能力
    • 消費者議價能力
    • 新進入者的威脅
    • 替代品的威脅
    • 競爭程度
  • 價格走勢分析

第5章市場區隔

  • 依產品類型
    • 石油基
    • 煤焦油瀝青基質
  • 按用途
    • 石墨電極
    • 鋰離子電池
    • 其他
  • 按地區
    • 亞太地區
      • 中國
      • 印度
      • 日本
      • 韓國
      • 亞太地區其他地區
    • 北美洲
      • 美國
      • 加拿大
      • 墨西哥
    • 歐洲
      • 德國
      • 英國
      • 義大利
      • 法國
      • 歐洲其他地區
    • 南美洲
      • 巴西
      • 阿根廷
      • 南美洲其他地區
    • 中東/非洲
      • 沙烏地阿拉伯
      • 南非
      • 中東和非洲其他地區

第6章競爭形勢

  • 併購、合資、聯盟、協議
  • 市場佔有率(%)**/排名分析
  • 主要企業策略
  • 公司簡介
    • Baosteel Group
    • China National Petroleum Corporation(CNPC)
    • Indian Oil Corporation
    • Liaoning Baolai Bioenergy Co. Ltd
    • Mitsubishi Chemical Corporation
    • Nippon Steel Corporation
    • Phillips 66
    • POSCO MC Materials
    • Seadrift Coke LP(Graftech International Ltd)
    • Shandong DongYang Technology Co. Ltd
    • Shandong Yida Rongtong Trading Co.
    • Shanxi Hongte Coal Chemical Co. Ltd
    • China Petroleum & Chemical Corporation(SINOPEC)

第7章 市場機會及未來趨勢

  • 鋰離子電池提振針狀焦需求
簡介目錄
Product Code: 61907
Needle Coke - Market - IMG1

The Needle Coke Market size is estimated at 2.14 Million metric tons in 2024, and is expected to reach 3.79 Million metric tons by 2029, growing at a CAGR of 12.07% during the forecast period (2024-2029).

The COVID-19 pandemic negatively impacted the needle coke market. During the pandemic, the manufacturing of graphite electrodes was heavily impacted due to less demand from the steel manufacturing plants, which reduced the consumption of needle coke. After 2020, the market expanded steadily because of the continuous manufacturing of graphite electrodes.

Key Highlights

  • Over the short term, the major factors driving the growth of the market studied are the increasing investments in EAF steel manufacturing and the government policies to increase scrap steel consumption.
  • On the flip side, health hazards associated with petroleum coke act as a roadblock to the growth of the needled (petroleum-based) coke market.
  • An increase in lithium-ion battery production globally is likely to act as an opportunity for the market studied during the forecast period.
  • Asia-Pacific region is expected to dominate the market and is also likely to witness the highest CAGR during the forecast period.

Needle Coke Market Trends

Graphite Electrodes Segment to Dominate the Market

  • Needle coke is a high-quality carbon raw material that is produced from coal tar and petroleum. It is a premium grade, high-value petroleum coke used in the manufacturing of graphite electrodes of very low coefficient of thermal expansion (CTE) for the electric arc furnaces in the steel industry.
  • The graphite electrodes are primarily used in electric arc furnace steel manufacturing, alloy steel, various alloys, and nonmetals melting. Furthermore, graphite has high thermal conductivity and is very resistant to heat and impact. It also has low electrical resistance, which is needed to conduct the large electrical currents necessary to melt iron. Thus, it can sustain sustaining the extremely high levels of heat generated in EAF (Electric Arc Furnace).
  • The increase in crude steel and aluminum production is expected to drive the usage of graphite electrodes, which in turn is expected to favor the demand for needle coke. However, irregular trends in the production of these metals are expected to cause uncertainty in market demand.
  • In April 2023, the World Steel Association released its Short-Range Outlook (SRO) steel demand forecast for 2023 and 2024, which stated that the steel demand would see a 2.3% rebound to reach 1,822.3 Mt in 2023, and it is forecasted to grow by 1.7% in 2024 to reach 1,854.0 Mt. In addition, the total world crude steel production was 1,878.5 Mt in 2022, a 4.2% decrease as compared to the value in the previous year.
  • China is the largest producer of graphite electrodes. The country accounted for more than 60% of the global graphite electrode production. Furthermore, owing to the largest steel industry, China is also the largest consumer of graphite electrodes. Over the past few years, graphite electrodes witnessed a significant rise in prices.
  • According to the Bureau of International Recycling, in China, approximately 226.2 million tons of steel scrap were used for recycling purposes for the steel manufacturing process. In addition, the rising availability of steel scrap in China shows the increasing consumption of needle coke used for graphite electrode manufacturing.
  • United States Steel Corporation has started to explore new locations for electric arc furnaces (EAF) to produce advanced grades of steel, which will cost approximately USD 3 billion. This trend is expected to support the studied market.
  • However, the European Steel Association (EUROFER) has adjusted its forecast for the consumption of steel products in the European Union in 2022. In comparison to the February 2022 forecast and the expectation of regional metal consumption growth of 3.2%, there is a decline of around 1.9% expected by the association.
  • According to the International Aluminum Institute, global aluminum production rose by a marginal 2.0% in 2022 compared to a growth rate that was down from 2.7% in 2021 and the slowest since 2019.
  • The above-mentioned factors are likely to affect the demand for needle coke for graphite electrode application during the forecast period.
Needle Coke - Market - IMG2

Asia Pacific region to Dominate the Market

  • The Asia-Pacific region is expected to dominate the needle coke market as the region has countries such as China (the biggest producer and consumer of needle coke) and Japan.
  • China holds the largest share in terms of consumption and production capacity of graphite electrodes in the global scenario, thus presenting the scope for steel production in the country. At present, there are more than 40 official graphite electrode producers in China, with 30 new entrants that have made other refractory products, along with electrodes, added to the market in the past 2-3 years.
  • In addition to this, the Chinese government is also focusing on developing eco-friendly means of producing steel. Several hundred thousand metric tons of new capacity electric arc furnace is already in the pipeline.
  • Japan is one of the leading producers and exporters of petroleum, coal, and tar-based pitch needle coke. Japanese companies are one of the largest producers of graphite electrodes in the world. The market giants of graphite electrodes include Showa Denko, Nippon Carbon, SEC Carbon, and Tokai Carbon.
  • Japan UPS demand is fueled by the rising demand for high-rated power supply from data centers, coupled with rising technological developments in the country. The increase in demand for heavy-energy storage batteries to store solar power is expected to drive the market for lithium-ion batteries in the country.
  • In March 2022, Panasonic Corporation announced its intention to invest in the establishment of a facility at its Wkayama Factory, which will be dedicated to the manufacturing of the new '4680' lithium-ion batteries for the electric vehicle market. The production at the planned facility is slated to begin by March 2024.
  • India is the second-largest producer of steel globally. According to World Steel Association data, the crude steel production in India rose by around 5.80% to 124.4 million tons (MT) in 2022, as compared to 118.2 MT in 2021. The country accounts for around 4.8% of the global production of steel every year.
  • In November 2022, HEG Ltd announced that it set up a new manufacturing facility for a graphite electrode for lithium-ion batteries in the next three years in India.
  • Hence, the Asia-Pacific region is expected to dominate the global market based on the above mentioned aspects.

Needle Coke Industry Overview

The needle coke market is consolidated in nature. Some of the major players in the market (not in any particular order) include Phillips 66 Company, Liaoning Baolai Bioenergy Co. Ltd, China National Petroleum Corporation (CNPC), Shandong Yida Rongtong Trading Co., and Shandong Jing Yang Technology Co. Ltd.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Investments in EAF Steel Manufacturing
    • 4.1.2 Government Policies to Increase Scrap Steel Consumption
  • 4.2 Restraints
    • 4.2.1 Health Hazards Associated with Petroleum Coke
  • 4.3 Industry Value-Chain Analysis
  • 4.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition
  • 4.5 Price Trend Analysis

5 MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Petroleum Based
    • 5.1.2 Coal-tar Pitch Based
  • 5.2 By Application
    • 5.2.1 Graphite Electrodes
    • 5.2.2 Lithium-ion Battery
    • 5.2.3 Others
  • 5.3 By Geography
    • 5.3.1 Asia-Pacific
      • 5.3.1.1 China
      • 5.3.1.2 India
      • 5.3.1.3 Japan
      • 5.3.1.4 South Korea
      • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
      • 5.3.2.1 United States
      • 5.3.2.2 Canada
      • 5.3.2.3 Mexico
    • 5.3.3 Europe
      • 5.3.3.1 Germany
      • 5.3.3.2 United Kingdom
      • 5.3.3.3 Italy
      • 5.3.3.4 France
      • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
      • 5.3.4.1 Brazil
      • 5.3.4.2 Argentina
      • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East and Africa
      • 5.3.5.1 Saudi Arabia
      • 5.3.5.2 South Africa
      • 5.3.5.3 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Baosteel Group
    • 6.4.2 China National Petroleum Corporation (CNPC)
    • 6.4.3 Indian Oil Corporation
    • 6.4.4 Liaoning Baolai Bioenergy Co. Ltd
    • 6.4.5 Mitsubishi Chemical Corporation
    • 6.4.6 Nippon Steel Corporation
    • 6.4.7 Phillips 66
    • 6.4.8 POSCO MC Materials
    • 6.4.9 Seadrift Coke LP (Graftech International Ltd)
    • 6.4.10 Shandong DongYang Technology Co. Ltd
    • 6.4.11 Shandong Yida Rongtong Trading Co.
    • 6.4.12 Shanxi Hongte Coal Chemical Co. Ltd
    • 6.4.13 China Petroleum & Chemical Corporation (SINOPEC)

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Lithium-ion Batteries to Boost the Demand for Needle Coke