Pitch Coke Market Is Bound To Make An Impact In Your Business

1. The global pitch coke market size will grow by USD 566.12 million during 2019-2023. This report provides a detailed analysis of the market by application (aluminum smelters, graphite electrodes, and others) and geography (Americas, APAC, Europe, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Asbury Carbons Inc., C-Chem Co. Ltd., Metinvest BV, Mitsubishi Chemical Holdings Corp., Shanghai Baosteel Chemical Co. Ltd., and Sojitz Corp. Looking for more information on this market?Request a free sample report A key factor driving the growth of the global pitch coke market size is the rising demand for semiconductors and carbon brushes. Pitch coke has numerous applications in various industries, that includes silicon wafers which are used in the semiconductor industry and carbon brushes, which are used in the electrical industry. Moreover, the use of semiconductors is increasing in all electronic devices, including mobile phones, laptops, refrigerators, televisions, security systems, and many other devices. This high growth in semiconductor production will drive the consumption of pitch coke for making silicon wafers, thereby driving the growth of the global pitch coke market during the forecast period. As per Technavio, advances in the mining industry will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global pitch coke market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023. Global pitch coke market: Advances in mining industry The advent of advanced machines such as robotic drills, and self-driving ore trucks have brought a new measure of automation and safety to mining activities The mining industry is witnessing an increased shift to automation owing to various technological developments in artificial intelligence (AI), machine learning, and robotics. This is expected to increase the production capacity and stimulate the global production of coal, which is the raw material for producing coal tar, coal tar pitch, and pitch coke. Thus, the advances in the mining industry that stimulate coal production will also drive the pitch coke market growth during the forecast period. Global pitch coke market: Segmentation analysis This market research report segments the global pitch coke market by application (aluminum smelters, graphite electrodes, and others), and geographic regions (APAC, Europe, MEA, and the Americas). The APAC region led the pitch coke market in 2018, followed by Europe, MEA, and the Americas respectively. The growth of the pitch coke market in APAC can be attributed to the high consumption of pitch coke in the aluminum and steel industries in the region. Steel production in APAC countries, especially in China, is growing at a significant rate, owing to the growth in the construction industry. This is expected to propel the demand for pitch coke in APAC during the forecast period. Some of the key topics covered in the report include: Market Landscape Market ecosystem Market characteristics • •

2. Market segmentation analysis Market Sizing • Market definition Market size and forecast Five Forces Analysis • • Market Segmentation Geographical Segmentation Regional comparison Key leading countries Market Drivers • • Market Challenges Market Trends Vendor Landscape Vendors covered Vendor classification Market positioning of vendors Competitive scenario • • • • Browse Full Report - http://bit.ly/2n7W7OV