Petroleum Coke (Pet coke) Industry Press Release

Portland, OR -- (SBWire) -- 10/06/2017 --A recent report published by Progressive Markets on the materials and chemical sector, which titled, "Global Petroleum Coke Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025", the industry is expected to register a CAGR of 9.2% during the period, 2017–2025. It suits manufacturers and stakeholders as it offers in-depth analysis of factors that increase or decrease growth of the market.

The analysts describe features that cause slow progress of the global petroleum coke market, such as volatile prices and environmental concerns. These concerns include pollution due to excessive presence of sulphur content. Moreover, the study offers key takeaways of the industry, such as it provides great competitive edge to manufacturers, stakeholders, and new entrants. It provides wide-ranging evaluation of aspects that restrict or drive the industry.

Based on product types, the study bifurcates the global petroleum coke market into calcined coke and fuel grade coke. Geographically, it segments the market into Europe, North America, Latin America Middle East & Africa (LAMEA), and Asia-Pacific. According to it, the industry finds its application in power generation, cement kilns, calcination, and others. Others include papers, fertilizer industries, and paints. The study analyzes share of the market by types, applications, and geographies during the period, 2014–2025. It assesses industry size of each type and applications by region for the historic period and forecast period, 2014–2016 and 2017–2025, respectively. In addition, it evaluates market size of all countries of the industry during historic period and forecast period.

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The research gives a brief introduction of the global petroleum coke market in terms of its scope. The experts summarizes it in reference to significant findings, competitive landscape, market attractiveness, recent developments, and trend analysis. In addition, it incorporates research methodology to understand rivalry in the industry. It is Porter's Five Forces Analysis (PFFA) which assesses bargaining power of the supplier & buyer and threat from substitutes & new entrepreneurs. It divides the industry into types, applications, and geographies.

The study discusses big market players of the global petroleum coke market, such as BP plc, Chevron Corporation, ExxonMobil Corporation, Reliance Industries Limited, Indian Oil Corporation Limited, Valero Energy Corporation, Royal Dutch Shell Plc., Saudi Arabian Oil Company, Essar Oil Corporation, and HPLC-Mittal Energy Limited. It offers brief introduction of every manufacturer. Moreover, it examines business and finance segment of each firm. It also evaluates recent advancements made by every company. The experts describe various factors that vendors adopt to evolve market trends. These include product development, acquisition, product approval, and collaboration. The report explores factors that accelerate growth of the industry which include rise in energy demand across the globe. It discusses alternate aspects that propel demand of the industry, such as growth demand of fuel grade coke from cement market. This has been especially the case in the Asia-Pacific region.

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