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Pitch Coke Market by Type (Raw Coke, Calcined Coke) by Application (Aluminium Anode, Artificial Graphite Electrode, Decarburized, Carbon Specialty, Carbon Additive, Crucibles for Semiconductors, Equipment for Solar Array Panel, Others) – Ukraine War, Future Prospects And Competitive Analysis, 2016 – 2028

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Pitch coke is an important material used in manufacturing electrodes and anodes. Pitch coke is also used in various industries as it makes shaping different mixed materials easier. Raw Coke and calcined coke can be segmented as Pitch Coke based on type. Calcined coke accounted for a significant chunk of total revenue generated by the global pitch coke market.

Global Pitch Coke market generated over USD 813.78 million in 2021. It is expected to exhibit a negative CAGR of over 2.45% during the forecast period to reach around USD 684.07 million by the end of 2028. In contrast, the cumulative growth opportunity offered by the global Pitch Coke market stood above USD 5,164 million for the analysis period ranging from 2022 to 2028. Global Pitch Coke market in terms of volume stood above 850-kilo tons.

Pitch Coke Market

Interesting Facts about Pitch Coke Industry

  • Sources of Pitch Coke are rapidly depleting
  • Pitch Coke is a significant precursor of production equipment for semiconductor or solar panel
  • Pitch Coke market is expected to exhibit a slow decline over the forecast period
  • China dominates the production as well as consumption of Pitch Coke
  • Artificial Graphite electrodes and Aluminium Anode are major application markets for Pitch Coke

Impact of Covid-19 on Global Pitch Coke Market

Covid-19 significantly impacted the pitch coke market due to considerable declines in demand and prices of electrodes. In addition, the closure and disruption of supply chains globally also affected the market considerably. Also, the steel industry experienced extensive troubles, impacting this industry over the pandemic period.

Strong Demand for Pitch Coke from Aluminium Anode Industry

There are multiple driving factors behind the global pitch coke market. The first is the aluminum industry. The aluminum industry is also expecting to rise during the forecasted period, which will, in turn, fuel the growth of the pitch coke industry. Pitch coke is one of the materials used to produce anodes in the aluminum industry.

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Slow Yet Steady Demand for Pitch Coke in Automotive Industry

Another major driving force in this industry is the automotive industry. The automotive industry uses pitch coke to produce many things like carbon composites and carbon fibers. The automotive industry uses carbon fibers and composites in parts as carbon products are less weighty while still providing better strength.

Augmented Demand for Pitch Coke in Solar Panels

The growing urbanization globally and the increase in the use of solar panels globally will be a driving force in the industry. There is a decline in prices of the commodities used in solar panel production, which is expected to grow the pitch coke market. The growing prices of electricity and the dropping costs and the broader availabilities of solar panels are expected to elevate the market further.

Depletion of Natural Resources to Arrest the Growth of Pitch Coke 

The most significant restraining factor the pitch coke market is expected to face over the forecasted period is the depletion of natural coal resources. Itch coke is a product that is made from coal, which is a nonrenewable energy source. This means once a source of coal is depleted, it can’t be used again, which could impede this industry. As a result, manufacturers are working hard to develop alternatives to pitch coke to counter the depleting levels of coal globally.

Aluminium Anode and Artificial Graphite Electrode to Rule the Demand for Pitch Coke

Aluminum Anode, Artificial Graphite Electrode, Decarburized, Carbon Specialty, Carbon Additive, Crucibles for Semiconductors, Equipment for Solar Array Panel, and Others are major application markets for pitch coke. As a result, aluminum Anode and Artificial Graphite Electrode accounted for the largest share of the total revenue generated by the global pitch coke industry in 2021. While Carbon Specialty, Carbon Additive, Crucibles for Semiconductors, and Equipment for Solar Array Panel are expected to grow in market share over the forecast period.

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Stringent Government Regulation on Production as well as Consumption of Pitch Coke

The second major restraint this industry faces over the next few years is the growing government regulations due to the pollution caused by coal mining. These government regulations and the ever-increasing environmental concerns by the general public are expected to hamper the growth of the pitch coke market. Therefore, stringent regulation regarding the production and consumption of pitch coke in Europe and North America is a significant hurdle for growth.

The Asia Pacific is dominated by China, with the largest share in production well consumption of pitch coke. India, Japan, and South Korea are other promising markets for the pitch coke industry in the region. While Brazil is ruling the Latin America pitch coke market with over half the market share in 2021.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Pitch Coke Market

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Pitch Coke Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Application
3.3.3. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis
5.1. Global Pitch Coke Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply

6. North America
6.1. North America Pitch Coke Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Pitch Coke Market, by Type, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Raw Coke
6.2.3. Calcined Coke
6.3. North America Pitch Coke Market, by Application, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Aluminium Anode
6.3.3. Artificial Graphite Electrode
6.3.4. Decarburized
6.3.5. Carbon Specialty
6.3.6. Carbon Additive
6.3.7. Crucibles for Semiconductors
6.3.8. Equipment for Solar Array Panel
6.3.9. Others

7. Europe
7.1. Europe Pitch Coke Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Ukraine
7.1.7. Spain
7.1.8. Belgium
7.1.9. Netherland
7.1.10. Austria
7.1.11. Sweden
7.1.12. Poland
7.1.13. Denmark
7.1.14. Switzerland
7.1.15. Rest of Europe
7.2. Europe Pitch Coke Market, by Type, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Raw Coke
7.2.3. Calcined Coke
7.3. Europe Pitch Coke Market, by Application, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Aluminium Anode
7.3.3. Artificial Graphite Electrode
7.3.4. Decarburized
7.3.5. Carbon Specialty
7.3.6. Carbon Additive
7.3.7. Crucibles for Semiconductors
7.3.8. Equipment for Solar Array Panel
7.3.9. Others

8. Asia Pacific
8.1. Asia Pacific Pitch Coke Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Indonesia
8.1.9. Malaysia
8.1.10. Philippine
8.1.11. Rest of Asia Pacific
8.2. Asia Pacific Pitch Coke Market, by Type, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. Raw Coke
8.2.3. Calcined Coke
8.3. Asia Pacific Pitch Coke Market, by Application, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Aluminium Anode
8.3.3. Artificial Graphite Electrode
8.3.4. Decarburized
8.3.5. Carbon Specialty
8.3.6. Carbon Additive
8.3.7. Crucibles for Semiconductors
8.3.8. Equipment for Solar Array Panel
8.3.9. Others

9. Latin America
9.1. Latin America Pitch Coke Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Pitch Coke Market, by Type, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. Raw Coke
9.2.3. Calcined Coke
9.3. Latin America Pitch Coke Market, by Application, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Aluminium Anode
9.3.3. Artificial Graphite Electrode
9.3.4. Decarburized
9.3.5. Carbon Specialty
9.3.6. Carbon Additive
9.3.7. Crucibles for Semiconductors
9.3.8. Equipment for Solar Array Panel
9.3.9. Others

10. Middle East
10.1. Middle East Pitch Coke Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2. KSA
10.1.3. Israel
10.1.4. Turkey
10.1.5. Iran
10.1.6. Rest of Middle East
10.2. Middle East Pitch Coke Market, by Type, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. Raw Coke
10.2.3. Calcined Coke
10.3. Middle East Pitch Coke Market, by Application, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Aluminium Anode
10.3.3. Artificial Graphite Electrode
10.3.4. Decarburized
10.3.5. Carbon Specialty
10.3.6. Carbon Additive
10.3.7. Crucibles for Semiconductors
10.3.8. Equipment for Solar Array Panel
10.3.9. Others

11. Africa
11.1. Africa Pitch Coke Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Pitch Coke Market, by Type, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. Raw Coke
11.2.3. Calcined Coke
11.3. Africa Pitch Coke Market, by Application, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Aluminium Anode
11.3.3. Artificial Graphite Electrode
11.3.4. Decarburized
11.3.5. Carbon Specialty
11.3.6. Carbon Additive
11.3.7. Crucibles for Semiconductors
11.3.8. Equipment for Solar Array Panel
11.3.9. Others

12. Global
12.1. Global Pitch Coke Market, by Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Raw Coke
12.1.3. Calcined Coke
12.2. Global Pitch Coke Market, by Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Aluminium Anode
12.2.3. Artificial Graphite Electrode
12.2.4. Decarburized
12.2.5. Carbon Specialty
12.2.6. Carbon Additive
12.2.7. Crucibles for Semiconductors
12.2.8. Equipment for Solar Array Panel
12.2.9. Others

13. Company Profiles
13.1. Asbury Carbons
13.2. Avdiivka Coke
13.3. Baitailong
13.4. Baowu Carbon
13.5. C-Chem
13.6. Fangda Carbon New Material
13.7. Kaifeng Carbon
13.8. Mitsubishi Chemical
13.9. Ningxia Wanboda
13.10. PMC Tech
13.11. RESORBENT
13.12. Sasol
13.13. Shaanxi Coal and Chemical Industry Group
13.14. Shamokin Carbons
13.15. Shanxi Hongte
13.16. Tianjin Yunhai Carbon
13.17. Others

 

List of Figures

FIG. 1 Global Pitch Coke Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Pitch Coke Market Segmentation
FIG. 4 Global Pitch Coke Market, by Type, 2019 (US$ Bn)
FIG. 5 Global Pitch Coke Market, by Application, 2021 (US$ Bn)
FIG. 6 Global Pitch Coke Market, by Geography, 2021 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2021
FIG. 8 Global Market Positioning of Key Pitch Coke Market Manufacturers, 2019
FIG. 9 Global Pitch Coke Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 10 Global Pitch Coke Market, by Raw Coke, Value, 2016-2028 (US$ Bn)
FIG. 11 Global Pitch Coke Market, by Calcined Coke, Value, 2016-2028 (US$ Bn)
FIG. 12 Global Pitch Coke Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 13 Global Pitch Coke Market, by Aluminium Anode, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Pitch Coke Market, by Beverages, Value, 2016-2028 (US$ Bn)
FIG. 15 Global Pitch Coke Market, by Artificial Graphite Electrode, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Pitch Coke Market, by Decarburized, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Pitch Coke Market, by Carbon Specialty, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Pitch Coke Market, by Carbon Additive, Value, 2016-2028 (US$ Bn)
FIG. 19 Global Pitch Coke Market, by Equipment for Solar Array Panel, Value, 2016-2028 (US$ Bn)
FIG. 20 Global Pitch Coke Market, by Crucibles for Semiconductors, Value, 2016-2028 (US$ Bn)
FIG. 21 U.S. Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 22 Rest of North America Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 23 U.K. Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 24 Germany Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 25 France Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 26 Italy Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 27 Spain Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 28 Russia Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 29 BENELUX Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 30 Poland Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 31 Austria Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 32 Rest of Europe Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 33 Japan Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 34 China Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 35 India Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 36 South Korea Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 37 Australia Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 38 Southeast Asia Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 39 Rest of Asia Pacific Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 40 Middle East & Africa Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 41 South Africa Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 42 Nigeria Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 43 Egypt Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 44 GCC Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 45 Israel Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 46 Latin America Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 47 Mechanicalzil Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 48 Argentina Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 49 Colombia Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 50 Peru Pitch Coke Market, 2016-2028 (US$ Bn)
FIG. 51 Chile Pitch Coke Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Beauty Devices (Pitch Coke) Market
TABLE 2 Global Pitch Coke Market, by Type, 2016-2028 (US$ Bn)
TABLE 3 Global Pitch Coke Market, by Application, 2016-2028 (US$ Bn)
TABLE 4 Global Pitch Coke Market, by Geography, 2016-2028 (US$ Bn)
TABLE 5 North America Pitch Coke Market, by Type, 2016-2028 (US$ Bn)
TABLE 6 North America Pitch Coke Market, by Application, 2016-2028 (US$ Bn)
TABLE 7 North America Pitch Coke Market, by Country, 2016-2028 (US$ Bn)
TABLE 8 Europe Pitch Coke Market, by Type, 2016-2028 (US$ Bn)
TABLE 9 Europe Pitch Coke Market, by Application, 2016-2028 (US$ Bn)
TABLE 10 Europe Pitch Coke Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 11 Asia Pacific Pitch Coke Market, by Type, 2016-2028 (US$ Bn)
TABLE 12 Asia Pacific Pitch Coke Market, by Application, 2016-2028 (US$ Bn)
TABLE 13 Asia Pacific Pitch Coke Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 14 Latin America Pitch Coke Market, by Type, 2016-2028 (US$ Bn)
TABLE 15 Latin America Pitch Coke Market, by Application, 2016-2028 (US$ Bn)
TABLE 16 Latin America Pitch Coke Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 17 Middle East Pitch Coke Market, by Type, 2016-2028 (US$ Bn)
TABLE 18 Middle East Pitch Coke Market, by Application, 2016-2028 (US$ Bn)
TABLE 19 Middle East Pitch Coke Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 20 Africa Pitch Coke Market, by Type, 2016-2028 (US$ Bn)
TABLE 21 Africa Pitch Coke Market, by Application, 2016-2028 (US$ Bn)
TABLE 22 Africa Pitch Coke Market, by Country/Region, 2016-2028 (US$ Bn)

Frequently Asked Questions:

How COVID 19 Impacted Pitch Coke Market?

Like other industries, Pitch Coke market also suffered from COVID 19 pandemic which resulted into decline of over 10.68% in revenue generated in 2020

Which is the leading regional market for Pitch Coke?

Asia Pacific is the largest regional market with highest share in the total volume of Pitch Coke consumed in 2021

What is the major growth driving factors for global Pitch Coke market?

Growing popularity of Pitch Coke in aluminium anode and graphite electrode is mainly fuelling the demand

Which is major segment in Pitch Coke market by Type?

Calcinated Coke segment dominated the Pitch Coke market in 2021 with over 55% share

Which is major segment in Pitch Coke market by application?

Aluminium Anode and Artificial Graphite Electrode segment was the largest application of Pitch Coke in 2021 with over 35% share

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