chemicalindustrygrowth

Calcined Petcoke Market Summary The Global Calcined Petcoke Market is expected to register a CAGR of 5.5% and reach around USD 2.9 Billion during the forecast period. The growth is driven by the demand in the aluminum industry. The growth in the demand is primarily influenced by the rise in consumption of aluminum in an array of end-use industries from aerospace to equipment manufacturing. Furthermore, the ongoing initiatives to promote and commercialize the use of electric vehicles (EVs) across the globe has increased the demand for aluminum owing to its lightweight property, which is expected to positively influencing the growth of the global calcined petcoke market during the forecast period. Calcined Petcoke Market Segment Analysis Based on applications, the global market has been segmented into aluminum, steel, titanium dioxide, plating, paint & coatings, fertilizer, and others. The aluminum segment accounted for over 35% of the market share in terms of volume and value;...