PETROLEUM COKE (PETCOKE) MARKET ANALYSIS

Regional Analysis

Petroleum Coke (Petcoke) Market: Regional Analysis

The Asia Pacific region dominated the petroleum coke (petcoke) market in 2021, accounting for 35.6% share in terms of value, followed by Europe and North America, respectively. Asia Pacific and Europe are the two largest importers of petroleum coke. Emerging economies like China and India account in these nations, petroleum coke is mostly utilized in cement kilns and power plants. In China, a considerable portion of petroleum coke is utilized in power plants to generate energy. Growing industrialization in India and China is driving the expansion of the petroleum coke industry. Asia Pacific emerged as the most dominant market for petroleum coke in terms of volume. The two main importers of petroleum coke are Asia Pacific and Europe. Emerging economies such as China and India contribute significantly to the petroleum coke sector. Petroleum coke is mostly used in cement kilns and power plants in these countries. In China, a significant amount of petroleum coke is used to create electricity in power plants.

• North America: U.S., Canada
• Latin America: Brazil, Argentina, Mexico, Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC, Israel, and Rest of Middle East
• Africa: South Africa, North Africa