Green Petroleum Coke & Calcined Petroleum Coke Market
Green Petroleum Coke & Calcined Petroleum Coke Market size is forecast to reach $19.34 billion by 2025, after growing at a CAGR of 8.80% during 2020-2025. Green petcoke is used as a fuel whereas calcined petcoke used as a feedstock for wide range of the products such as aluminum , paints, coatings and colorings, etc. The global production of petroleum coke has been increasing in the last few years, this is due to the rising supply of heavy crude oils in the global market. Key Takeaways The rising use of green petroleum coke in electronic and ceramics industries is expected to boost the growth of the global green petroleum coke & calcined petroleum coke market. Petroleum coke offers added advantages such as safe handling, transportation, and storage with lox toxicity. Hence, the demand for petroleum coke is anticipated to increase in metallurgical applications in the forecast period. The use of green and calcined petroleum coke as a source for electric...