Coke is a grey, hard, and porous fuel with a high carbon content and few impurities, made by heating coal or oil in the absence of air—a destructive distillation process. It is an important industrial product, used mainly in iron ore smelting, but also as a fuel in stoves and forges when air pollution is a concern.
The Coke industry is held by China, India and Japanese companies. China became the biggest producer and exporter of coke many years ago. China has the world's largest steel output. As a result, China has become the world's largest consumer-from steel market.
China has the world's largest coke production capacity, with more than a thousand manufacturers, so the industry concentration cumulatively low. The scale of independent coking manufacturers is very small; their production capacity is usually below 2 million tons. Compared with coking coal and steel companies, coking companies have lower bargaining power.
ArcelorMittal, Nippon Steel & Sumitomo Metal, China Baowu Group, POSCO and China Pingmei Shenma Group are the largest 5 players in the market, with a combined market share of 14.75% in 2019 in terms of revenue.
Market Analysis and Insights: Global Coke Market
The global Coke market was valued at US$ 219940 million in 2019 and it is expected to reach US$ 275420 million by the end of 2026, growing at a CAGR of 5.5% during 2021-2026.
Global Coke Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Coke Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Blast Furnace Coke
Foundry Coke
Technical Coke
Others
Segment by Application
Steel
Non-ferrous Metals
Rock Wool
Sugar
Soda Ash
Others
By Company
ArcelorMittal
Nippon Steel & Sumitomo Metal
POSCO
Tata Steel
SunCoke Energy
JSW Group
United States Steel
BlueScope
ABC Coke
Gujarat NRE Coke
Hickman, Williams & Company
Mid-Continent Coal and Coke Company
Haldia Coke
China Baowu Group
Ansteel
Risun
Sunlight Coking
Taiyuan Coal Gasfication
Shanxi Coking Coal
Lubao-Group
China Pingmei Shenma Group
Zhongrong Xinda
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The Coke industry is held by China, India and Japanese companies. China became the biggest producer and exporter of coke many years ago. China has the world's largest steel output. As a result, China has become the world's largest consumer-from steel market.
China has the world's largest coke production capacity, with more than a thousand manufacturers, so the industry concentration cumulatively low. The scale of independent coking manufacturers is very small; their production capacity is usually below 2 million tons. Compared with coking coal and steel companies, coking companies have lower bargaining power.
ArcelorMittal, Nippon Steel & Sumitomo Metal, China Baowu Group, POSCO and China Pingmei Shenma Group are the largest 5 players in the market, with a combined market share of 14.75% in 2019 in terms of revenue.
Market Analysis and Insights: Global Coke Market
The global Coke market was valued at US$ 219940 million in 2019 and it is expected to reach US$ 275420 million by the end of 2026, growing at a CAGR of 5.5% during 2021-2026.
Global Coke Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Coke Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Blast Furnace Coke
Foundry Coke
Technical Coke
Others
Segment by Application
Steel
Non-ferrous Metals
Rock Wool
Sugar
Soda Ash
Others
By Company
ArcelorMittal
Nippon Steel & Sumitomo Metal
POSCO
Tata Steel
SunCoke Energy
JSW Group
United States Steel
BlueScope
ABC Coke
Gujarat NRE Coke
Hickman, Williams & Company
Mid-Continent Coal and Coke Company
Haldia Coke
China Baowu Group
Ansteel
Risun
Sunlight Coking
Taiyuan Coal Gasfication
Shanxi Coking Coal
Lubao-Group
China Pingmei Shenma Group
Zhongrong Xinda
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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