Green Petroleum Coke Market Size, Share, Growth, Analysis, and Forecast, 2030 | ChemAnalyst

NEW YORK - Dec. 12, 2022 - PRLog -- According to ChemAnalyst report, "Global Green Petroleum Coke Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030", global Green Petroleum Coke market has shown considerable growth in historic period and is anticipated to achieve a healthy CAGR of 5.25% during the forecast period.

Due to increasing demand in search for fuels with a large feedstock that can be further used in the production of Petroleum Coke or Calcined coke, which can potentially be an important industrial commodity for Steel and Aluminium  industry  or a key fuel in the future. Green Petroleum Coke fuel is highly functional in steel, Aluminium  and Titanium smelting industries. Due to high Carbon percentage and low Sulphur content, it adds a higher value to demand of Green Petroleum Coke to manufacture anodes by Aluminium  and Titanium industries.

Green Petroleum Coke is a high fixed carbon content material that comprises of hydrocarbons and low levels of inorganic compounds. It is usually derived from processing liquid fractions in Delayed Coking Units (UCR). The industry of Green Petroleum Coke possesses a well-defined infrastructure for production, handling and distribution of coke for numerous applications.

Green coke having low metal content is also called anode-grade coke which is extensively used for the manufacturing of anodes in order to produce Aluminium or Titanium dioxide. Green Petroleum Coke can be segmented into anode grade and metallurgical grade. Anode grade is used to obtain calcined coke whereas metallurgical grade is used to obtain Steel grade coke, which is further used as a reducing agent in iron and Steel metallurgy and in other industrial applications.

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Green petroleum coke is highly used in various industrial applications including Aluminium, Steel and other industries . Green Petroleum Coke also finds its demand in the manufacturing of Calcinated Petroleum Coke. It is created by the delayed coking of crude oil converting into liquid fuels such as gasoline and jet fuels.

Some of the major players operating in global Green Petroleum Coke market Petrobras, Aminco Resources LLC., Oxbow Corporation, Asbury Carbons, Aluminium Bahrain (Alba), Rain Carbon Inc., Atha Group, Carbograf Industrial S.A. de C.V.,Weifang Lianxing New Material Technology Co., Shandong KeYu Energy Co., Ltd.,  Minmat Ferro Alloys Private Limited, Ltd. Linyi Zhenhua Carbon Technology Co., Ltd, and Others.