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Oil-based Needle Coke Projects to become Investment Hotspots for China Needle Coke Industry

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Published on : Jul 21, 2015

ALBANY, New York 2015- The new report, titled “Research on Global & China Needle Coke Industry, 2015”, is featured on ResearchMoz.us and overviews the global needle coke industry with detailed insights into the China needle coke industry for 2015. 

The report analyzes the present and future trends in the needle coke industry in China and lucrative investment prospects for the industry in 2015.

Based on feedstock, needle coke is either coal-based or oil-based. Currently, the U.S. and the U.K. account for large-scale oil-based needle coke production, whereas Japan accounts for a large share in the global production of needle coke based on both coal and oil.

The introductory part of the report overviews the global needle coke industry, with specifics pertaining to supply-demand analysis, technology, competitive scenario, and key production segments.

The report uses primary and secondary research sources and proprietary databases for estimation of market analytics for the needle coke industry in 2015. According to the report’s findings, in 2014, the capacity of the overall needle coke industry was 1.2 million tons, with 60,000 tons of coal-based needle coke produced in China. 

Using graphs and tabular representations, the report presents data regarding the production capacity of major global and China needle coke manufacturers.

To request a sample copy with TOC of this report, click the link below: https://www.researchmoz.us/research-on-global-and-china-needle-coke-industry-2015-report.html

As per the report’s findings, Phillips 66 is the world’s largest manufacturer of oil-based needle coke, with a capacity of 0.37 million tons/annum, whereas C-Chem is the world’s largest manufacturer of coal-based needle coke, producing 0.17 million t/a.

According to the report, China recorded coke production capacity of 0.3 million tons due to two new needle coke plants starting production in 2014. These were – Deli Chemicals, with a capacity of 10,000 t/a, and Baotailongs, with a capacity of 50,000 t/a.

In China, the presence of rich coal reserves account for the dominance of coal-based needle coke, which accounted for 83% of the total capacity. Since 2012, decreasing demand for needle coke in China has led the demand-supply gap to grow to 28,000 tons in 2014, as described in the report.

To fill the gap, about 13 needle coke projects are in the pipeline in China, either in the construction stage or in the planning stage. While most of the projects are coal-based, only two projects – Xiangtian New Material and Fangda Carbon New Material with a capacity of 0.1 million tonnes/annum – are oil-based needle coke production projects.

Oil-based needle coke is short in supply and is better suited for UHP graphite electrodes. Hence, investments made in the field of oil-based needle coke will have high returns in the coming years. 

The research profiles the major companies in the global and Chinese needle coke industry for 2015. For each of the participant, a company profile, analysis of business operations, and revenue structure is provided in the report.

Phillips 66, JX Holdings Inc., Indian Oil Company, C-Chem, Seadrift, Mitsubishi Chemical (MC), and Petrocokes Japan Limited are key players operating in the global need coke industry.

In China, the companies having a significant presence in the needle coke sector are SY Carbon,
Sinosteel Anshan Research Institute of Thermo-Energy Co Ltd, Fangda Carbon, Jinzhou Petrochemicals Co Ltd, and others (Shoushan Coking, JN Carbon).

To order report Call USA – Canada Toll Free: 866-997-4948 or send an email on [email protected]