Global pitch coke market is anticipated to grow at a CAGR of 2.6% during the forecast period (2024-2031). Regulatory policies and environmental concerns shape the pitch coke market. Government regulations aimed at reducing emissions can lead to increased investments in this sector. As awareness about environmental sustainability grows, stakeholders may prioritize sustainable supply chains and seek out pitch coke suppliers that adhere to strict environmental standards. Additionally, efforts to transition to renewable energy sources can indirectly influence the pitch coke market by impacting the availability and pricing of alternative materials. Overall, regulatory policies and environmental considerations are major drivers for both demand and innovation in the pitch coke market. For instance, in October 2023, POSCO embarked on a trial run to internally produce high-temperature pitch, a vital component used as an anode material in batteries. 

In February 2023, POSCO initiated the construction of its second synthetic graphite anode material plant in Pohang, South Korea. It has an annual production capacity of 10,000 tons, this facility represents a significant investment aimed at meeting the growing demand for high-quality synthetic graphite anode materials in the battery industry. This expansion underscores POSCO's dedication to bolstering its position as a key player in the global battery materials market.

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Type
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Asbury Carbons, Inc., Baosteel Group Corp., NIPPON STEEL Chemical & Material Co., Ltd., Mitsubishi Chemical Group Corp., and Shaanxi Coal & Chemical Industry Group Co., Ltd., among others.

Pitch Coke Market Report Segment

By Type

Raw Coke
Calcined Coke 

By Application

Aluminium Anode
Artificial Graphite Electrode
Decarburised
Carbon Speciality
Carbon Additive
Crucibles for Semiconductors
Equipment for Solar Array Panel

A full Report of Pitch Coke Market is Available @  https://www.omrglobal.com/industry-reports/pitch-coke-market

Pitch Coke Market Report Segment by Region

North America                                                                                                            

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Asbury Carbons, Inc.
Avdiivka Coke
Baowu Carbon Material Technology Co. Ltd. 
Fangda Carbon New Material Co. Ltd. 
Jining Carbon Group Co. Ltd.
Kaifeng Carbon Co. Ltd, Zhongping Energy & Chemical Group (KFCC) 
Ningxia Wanboda Carbons & Graphite Co., Ltd. 
POSCO M&C Materials Co., Ltd. 
RESORBENT, s.r.o.
Rain Carbon Inc. 
Sasol Ltd. 
Shamokin Carbons
Sojitz Ject Corp.
Tianjin Yunhai Carbon Element Products Co., Ltd.

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