What is the study period of market?

. <a href='https://www.technavio.com/report/global-petcoke-market'>Read More</a>

Which region is expected to show the highest market share in the market?

. <a href='https://www.technavio.com/report/global-petcoke-market'>Read More</a>

What are the major market players covered in the report?

. <a href='https://www.technavio.com/report/global-petcoke-market'>Read More</a>

What is the current size of the market?

. <a href='https://www.technavio.com/report/global-petcoke-market'>Read More</a>

What is the Year-Over-Year Growth Rate of Market ?

. <a href='https://www.technavio.com/report/global-petcoke-market'>Read More</a>

Global Petcoke Market 2017-2021

Q: What is the study period of market?

. <a href='https://www.technavio.com/report/global-petcoke-market'>Read More</a>

Q: Which region is expected to show the highest market share in the market?

. <a href='https://www.technavio.com/report/global-petcoke-market'>Read More</a>

Q: What are the major market players covered in the report?

. <a href='https://www.technavio.com/report/global-petcoke-market'>Read More</a>

Q: What is the current size of the market?

. <a href='https://www.technavio.com/report/global-petcoke-market'>Read More</a>

Q: What is the Year-Over-Year Growth Rate of Market ?

. <a href='https://www.technavio.com/report/global-petcoke-market'>Read More</a>

Published: Sep 2017
Pages: 82
SKU: IRTNTR13649

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Overview of the global petcoke market

Research analysis on the global petcoke market identifies that the increasing usage of petcoke as a cost-effective fuel will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of nearly 8% by 2021. Petcoke is increasingly used as a low-priced substitute to coal to generate power from coal-fired power plants. Since petcoke is a by-product in the hydrocarbon value chain, it is priced much lower than conventional coal. Heating the fuel-grade coke to a high temperature eliminates moisture, reduces the volatile matter, and raises the density of the product. The resultant calcined coke is nearly pure carbon with high electrical conductivity. Moreover, the cost of petcoke production is much lower than the price of coal which is also driving its popularity across the globe.

In terms of geographic regions, the Americas will be the major revenue contributor to the petcoke market throughout the forecast period. The rise in processing of heavy crude oil and tar sands and the increasing investments in coking units in various green field refineries, will be the major factors driving the growth of the petroleum coke market in this region.