Needle coke is a needle-shaped carbon material. With low electrical resistance, strong shock resistance and good anti-oxidation ability, it can be widely used in ultra-high graphite electrode, nuclear reactor deceleration materials and LIB anode materials. According to different raw material, needle coke can be classified as coal-based and petroleum-based.
The main market for needle coke is Asia Pacific, accounting for about 50% of the total market, followed by North America, accounting for about 25%.
Phillips 66, C-Chem, Seadrift Coke, Shanxi Jinzhou Group and Sumitomo Corporation are the major manufacturers, with the top three accounting for about 65%.

Market Analysis and Insights: Global Needle Coke Market
In 2020, the global Needle Coke market size was US$ 3222.3 million and it is expected to reach US$ 4781.5 million by the end of 2027, with a CAGR of 5.8% during 2021-2027.
Global Needle Coke Scope and Market Size
Needle Coke market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Needle Coke market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Needle Coke market is segmented into
Petroleum-based
Coal-based

Segment by Application, the Needle Coke market is segmented into
Graphite Electrode
Special Carbon Material
Others

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape and Needle Coke Market Share Analysis
Needle Coke market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Needle Coke product introduction, recent developments, Needle Coke sales by region, type, application and by sales channel.

The major companies include:
ConocoPhillips
C-Chem
Seadrift Coke
JXTG Holdings
Sumitomo Corporation
Mitsubishi Chemical
Indian Oil Company
Shanxi Hongte Coal Chemical
Fangda Carbon
Shanxi Jinzhou Group
CNPC Jinzhou Petrochemical
Shandong Yida New Material
Sinosteel