Pitch coke is a type of fine-grained, highly-purified coal. Its primary applications are for use as a reducing agent in various industrial processes, such as those involving metal production and refining. Pitch coke is most commonly used in the production of iron, steel, and other metals. Its other applications include catalyst production, fuel production, and fuel mixers.
This market is propped up by growing demand in the automotive and industrial sectors, as well as by advancements in technology such as the growing use of flex-fuel vehicles.
The global Pitch Coke market was valued at US$ 802.9 million in 2022 and is anticipated to reach US$ 675.9 million by 2029, witnessing a CAGR of -2.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Pitch Coke Market available at: https://www.themarketreports.com/report/global-pitch-coke-market-research-report
This report aims to provide a comprehensive presentation of the global market for Pitch Coke, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pitch Coke.
C-Chem, Mitsubishi Chemical, Shaanxi Coal and Chemical Industry Group, PMC Tech and Baowu Carbon are the Top 5 of global market. They took up about 61.81% of the revenue share in 2019.
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