China Needle Coke Market Size & Outlook, 2025-2030
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China needle coke market highlights
- The China needle coke market generated a revenue of USD 1,328.8 million in 2024 and is expected to reach USD 2,472.5 million by 2030.
- The China market is expected to grow at a CAGR of 11.3% from 2025 to 2030.
- In terms of segment, super-premium was the largest revenue generating grade in 2024.
- Super-premium is the most lucrative grade segment registering the fastest growth during the forecast period.
Needle coke market data book summary
| Market revenue in 2024 | USD 1,328.8 million |
| Market revenue in 2030 | USD 2,472.5 million |
| Growth rate | 11.3% (CAGR from 2025 to 2030) |
| Largest segment | Super-premium |
| Fastest growing segment | Super-premium |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Super-premium, Premium-grade, Intermediate grade |
| Key market players worldwide | Phillips 66, Asbury Carbons, Brookfield Corp Registered Shs -A- Limited Vtg, Sumitomo Chemical Co Ltd, Mitsubishi Chemical Group Corp, Indian Oil Corporation, GrafTech International Ltd, Sojitz Corp, Nippon Chemical Industrial, BAOSTEEL |
Other key industry trends
- In terms of revenue, China accounted for 27.0% of the global needle coke market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China needle coke market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,010.5 million by 2030.
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Needle Coke Market Scope
Needle Coke Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sojitz Corp | View profile | 27815 | 1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8691 | http://www.sojitz.com |
| Brookfield Corp Registered Shs -A- Limited Vtg | View profile | 240000 | 181 Bay Street, Suite 100, Brookfield Place, P.O. Box 762, Toronto, ON, Canada, M5J 2T3 | https://www.brookfield.com |
| Phillips 66 | View profile | 10001+ | Houston, Texas, United States, North America | http://www.phillips66.com/ |
| Asbury Carbons | View profile | 251-500 | Asbury, New Jersey, United States, North America | https://asbury.com |
| Indian Oil Corporation | View profile | 10001+ | New Delhi, Delhi, India, Asia | https://www.iocl.com/ |
| GrafTech International Ltd | View profile | 2007 | 982 Keynote Circle, Brooklyn Heights, Independence, OH, United States, 44131 | https://www.graftech.com |
| BAOSTEEL | View profile | 10001+ | Shanghai, Shanghai, China, Asia | http://www.baosteel.com/group_en/ |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Nippon Chemical Industrial | View profile | 501-1000 | Koto, Tokyo, Japan, Asia | https://www.nippon-chem.co.jp/ |
| Sumitomo Chemical Co Ltd | View profile | 37235 | 27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan, 104-8260 | http://www.sumitomo-chem.co.jp |
China needle coke market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to needle coke market will help companies and investors design strategic landscapes.
Super-premium was the largest segment with a revenue share of 55.79% in 2024. Horizon Databook has segmented the China needle coke market based on super-premium, premium-grade, intermediate grade covering the revenue growth of each sub-segment from 2018 to 2030.
Despite of the economic slowdown in the Chinese economy and its lackluster performance in 2015, the region is still a lucrative market for investments as compared to Western economies. Constant infrastructural investments are expected to sustain economic growth & the automotive, aerospace and electronics sector are expected to benefit from reforms.
China accounts for over 70% share of total graphite production in the world. According to China's 12th Five-Year Plan, the government plans to have around 5.0 million battery-electric vehicles plying on the roads by 2020. This is would increase demand for graphite in the Asia-Pacific market during the forecast period, subsequently boosting needle coke demand as well.
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Horizon Databook provides a detailed overview of country-level data and insights on the China needle coke market , including forecasts for subscribers. This country databook contains high-level insights into China needle coke market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China needle coke market size, by grade, 2018-2030 (US$M)
China Needle Coke Market Outlook Share, 2024 & 2030 (US$M)
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