Global Needle Coke Market: Regional Insights
Regionally, Asia-Pacific is expected to contribute the highest revenue share in the global needle coke market during the forecast period. The market is expected to grow in this region on account of the increase in the production of graphite electrodes, growing consumption of lithium batteries, and development in electric arc furnace.
North America is also expected to exhibit significant growth during the forecast period. The market for petroleum derived needle coke in this region is anticipated to witness significant growth on account of the increasing use of specialty carbon materials, and growth in the manufacturing of graphite electrodes.
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