Petroleum coke, also known as petcoke, is one among the highly-valued consumer products, which is produced during crude oil refining process. Petcoke, is a porous, infusible, and insoluble solid composed of highly condensed aromatic polycyclic hydrocarbons, with a small content of hydrogen and other organic compounds. Petcoke, which ranges from a dark gray color to a black mass, is a refinery by-product produced by coking residues or heavy fractions of crude oil.
Technavio’s analysts forecast the global petcoke market to grow at a CAGR of 7.82% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global petcoke market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Petcoke Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • BP • Chevron • Royal Dutch Shell • Reliance Industries • CNPC • Saudi Aramco
Other prominent vendors • Exxon Mobil • Essar Oil • HMEL • HPCL • IOCL • ConocoPhillips • Oxbow Corporation • Valero Energy • Koch Carbon • Khurana Group • Trammo • Marathon Petroleum
Market driver • Petcoke as a cost-effective fuel • For a full, detailed list, view our report
Market challenge • Increasing investments in renewable source of energy • For a full, detailed list, view our report
Market trend • Increase in the complexity of refineries • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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