DUBLIN – (BUSINESS WIRE)–The “Calcined Anthracite Market – Growth, Trends, COVID-19 Impact and Forecast (2021 – 2026)” the report was added to ResearchAndMarkets.com from offer.
The Calcined Anthracite market is expected to grow at a CAGR of approximately 7% globally during the forecast period.
Aluminum Rheinfelden GmbH
Henan Star Metallurgy Material Co., Ltd
Ningxia Carbon Valley International Co., Ltd (NORTHWEST INDUSTRY CO., LTD)
SOUTHERN CARBON AND CHEMICAL
Voltcon International PTE Limited
Main market trends
Growing demand from steel manufacturing industries
The calcined anthracite mineral is widely used in furnaces used for steelmaking and is expected to be the fastest growing market during the forecast period.
Anthracite, often referred to as black coal or hard coal, contains over 92% carbon and contains very fewer impurities as well as the highest energy density among all types of coal.
Anthracite is calcined at a temperature above 1200 ° C in an electric or gas furnace, which reduces the content of volatiles, moisture and sulfur to less than 2%. Calcined anthracite has excellent grain stability and good physical properties like that of graphite.
Calcined anthracite is used in the manufacture of electrodes, electrode paste, ramming and carburizing paste, etc. .
Rising demand for steel from various construction and infrastructure activities in emerging economies is expected to drive the calcined anthracite market during the forecast period.
Asia-Pacific region dominates the market
The Asia-Pacific region is expected to dominate the calcined anthracite market during the forecast period owing to increased demand from countries like China and India.
In 2018, India banned the import of petroleum coke (petroleum coke) as a fuel to limit rising pollution levels. This decision is expected to boost the calcined anthracite market during the forecast period as an effective and efficient replacement for company coke.
According to the Indian Steel Association (ISA), India is the second largest steel producer in the world. India produced around 131.5 million tons of finished steel and 106.5 million tons of crude steel in fiscal year 2019. The government’s National Steel Policy 2017, which sets a sheet roadmap for important developments in the steel industry by 2030-31. It aims to increase the per capita steel consumption to 160 kg and the total crude steel capacity to 300 million tonnes by 2030-31. Growth of infrastructure and automotive industry is expected to boost the Indian market during the forecast period.
China is the world’s largest consumer of calcined anthracite, as well as the world’s largest steel producer, accounting for over 50% of total world production. In 2019, China produced around 996.3 million tonnes of steel, a significant 8.3% growth from 2018. The growing applications of advanced high-strength steel in automobiles and China’s infrastructure projects are expected to boost the market during the forecast period.
The aforementioned factors coupled with government support are contributing to the growing demand of the Calcined Anthracite market in the Asia-Pacific region during the forecast period.
Main topics covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1.1 Growing Demand from Steel Manufacturing Industries
4.1.2 Other pilots
4.2.1 Depletion and volatile process of raw materials
4.2.2 Adverse conditions linked to the COVID-19 epidemic
4.3 Industry Value Chain Analysis
4.4 Analysis of the five forces of carriers
5 MARKET SEGMENTATION
5.1 Type of calcination
6 COMPETITIVE LANDSCAPE
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Growing demand from emerging economies
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