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A number of factors will drive this growth into the global needle coke market. Some of these include a shift in preference towards electric vehicles, which is creating lucrative growth opportunities in the market for players to dabble with<br><br>READ MORE : https://www.tmrresearch.com/needle-coke-market<br><br>VIEW SAMPLE REPORT : https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6183
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NEEDLE COKE MARKET Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2021-2031 TMRResearch www.tmrresearch.com
NEEDLE COKE MARKET 1MARKETOVERVIEW • The global needle coke market is projected to witness a high growth trajectory, owing to a robust CAGR (Compound Annual Growth Rate), between 2018 and 2028. A number of factors will drive this growth into the global needle coke market. TMRResearch www.tmrresearch.com
NEEDLE COKE MARKET 2KEY TRENDS Demand for hybrid electric vehicles, or HEV, and Battery Electric Vehicles, or BEV, is rising for multiple reasons. One, as global warming is rising, governments are promoting use of these. Expansion in production of steel, particularly in developed nations is also contributing to growth in the global needle coke market. This is particularly the case of North America and Europe. TMRResearch www.tmrresearch.com
NEEDLE COKE MARKET 3 KEY PLAYERS Key names in the global needle coke market are Phillips 66; Asbury Carbon Inc.; Seadrift Coke L.P.; Sumitomo Chemical Company; Mitsubishi Chemical Corp.; JXTG Nippon Oil & Energy Corp.; and Indian Oil Corporation., among others. TMRResearch www.tmrresearch.com
NEEDLE COKE MARKET 4REGIONAL ASSESSMENT Electric arc furnace (EAF) and other such technologies are also contributing to the growth of the global needle coke market by setting off the growth of mini mills which are significant in economies like that of the United States, where it accounts for 60% of domestic production. TMRResearch www.tmrresearch.com
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