Press Release
Petroleum Coke Market to Cross USD 34.25 Billion by 2035
Pune, December 31, 2025
Global Data Route Analytics has released a new report titled "Global Green Petroleum Coke and Calcined Petroleum Coke Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2035". According to the study, the market was valued at approximately USD 19.10 billion in 2024 and is projected to reach USD 34.25 billion by 2035, expanding at a CAGR of 8.5% from 2025 to 2035.
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Industrial Versatility Driving Market Expansion
Green petroleum coke and calcined petroleum coke are increasingly utilized due to their high carbon content, cost-effectiveness, and energy efficiency. These materials are essential across sectors such as aluminum production, steel manufacturing, cement kilns, and power generation. Their performance in high-temperature environments makes them indispensable in modern industrial applications.
Technology, Cost Pressure, and Sustainability Accelerating Demand
Rising global infrastructure investments, emphasis on fuel efficiency, and the drive toward low-cost raw materials are shaping a positive market trajectory. Simultaneously, advancements in refining and calcination technologies are improving product quality and expanding application areas across regions.
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Segmentation Overview – Green & Calcined Petroleum Coke Market
By Type
• Green Petroleum Coke
• Calcined Petroleum Coke
By Grade
• Fuel Grade Coke
• Anode Grade Coke
By Application
• Aluminum & Steel Industry
• Power Generation
• Cement Industry
• Others
By Region
• North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific)
• Middle East & Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)
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Key Players Profiled in the Report
• Oxbow Corporation
• Rain Carbon Inc.
• Phillips 66 Company
• Chevron Corporation
• Marathon Petroleum Corporation
• Valero Energy Corporation
• Aminco Resources LLC
• Essar Oil Ltd.
• Asbury Carbons
• Reliance Industries Limited
About Global Data Route Analytics
Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.
Media Contact:
Srushti Tungar
Global Data Route Analytics