The global Green Needle Coke market size is predicted to grow from US$ 1427 million in 2025 to US$ 3134 million in 2031; it is expected to grow at a CAGR of 14.0% from 2025 to 2031.

Green Petroleum Coke (CVP) is a granulated and carbonaceous solid product. It is a water-insoluble, non-explosive, non-reactive product with a high ignition point. Its texture is porous and the color is black, receiving the denomination green because it is a product exempt from heat treatment, that is, before being subjected to any other process, such as calcination.

Chinas policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of Chinas new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, Chinas lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.

Infinity Market Research newest research report, the Green Needle Coke Industry Forecast looks at past sales and reviews total world Green Needle Coke sales in 2024, providing a comprehensive analysis by region and market sector of projected Green Needle Coke sales for 2025 through 2031. With Green Needle Coke sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Green Needle Coke industry.

This Insight Report provides a comprehensive analysis of the global Green Needle Coke landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Green Needle Coke portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Green Needle Coke market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Green Needle Coke and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Green Needle Coke.

This report presents a comprehensive overview, market shares, and growth opportunities of Green Needle Coke market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Petroleum-based
    Coal-based

Segmentation by Application:

    Automotive
    Consumer Electronics
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    Phillips 66
    Nippon Steel
    GrafTech
    Eneos
    Sumitomo Corporation
    Mitsubishi Chemical
    Indian Oil Company
    Shanxi Hongte Coal Chemical
    Fangda Carbon
    Shanxi Jinzhou Group
    CNPC Jinzhou Petrochemical
    Shandong Yida New Material
    Sinosteel
    Shandong Jingyang

Key Questions Addressed in this Report

What is the 10-year outlook for the global Green Needle Coke market?
What factors are driving Green Needle Coke market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Green Needle Coke market opportunities vary by end market size?
How does Green Needle Coke break out by Type, by Application?