Needle Cokeby BIS RSRCH Trending Technology News
Focus on Applications (Graphite Electrodes, Lithium-Ion Battery Anode, and Special Carbon Products), Regional Recommended Features
- Market Dynamics
- Industry Analysis
- Global Needle Coke Market (by Type), $Million and Kilotons, 2017-2024
- Global Needle Coke Market (by Application), $Million and Kilotons, 2017-2024
- Global Needle Coke Market (by Region), $Million and Kilotons, 2017-2024
Review on Needle CokeNeedle coke is an excellent and promising raw material that holds a strong potential to change the dynamics of the steel and automotive industry. The fates of these two industries are intertwined with the needle coke industry driven by lithium-ion batteries and graphite electrodes. The demand for needle coke is rising with the rise in demand for electric vehicles and steel in the end-use industries. The steel industry is continuously growing at a steady rate and thus driving the demand for needle coke in the steel industry.
With the growing environmental concerns, the automotive industry is experiencing a considerable shift toward the adoption of electric vehicles in the world. The EV manufacturers are opting for lithium-ion batteries for achieving better performance ratios. The lithium-ion battery manufacturers are using needle coke for the production of lithium-ion battery anodes, which is driving the demand generated for needle coke in the market.
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Created on Jan 6th 2021 07:39. Viewed 97 times.
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