Calcined Anthracite Market To Witness Rise In CAGR Value Of 1.0% From 2014 To 2025: Grand View Research, Inc.
The global calcined anthracite market size is expected to
reach USD 3.44 billion by 2025, according to a new report by Grand View
Research, Inc., exhibiting a 1.0% CAGR during the forecast period. High carbon
content, along with superior thermal and electrical stability offered by the
product as compared to conventional anthracite, is expected to propel its
demand in steel manufacturing.
Calcined anthracite manufacturers position
themselves in the market on the basis of product quality, price, and production
volumes. However, persistent demand-supply gap in the industry, caused by
declining raw material availability, coupled with presence of substitutes such
as petcoke, is expected to limit industry growth.
Major manufacturers are primarily located in China,
U.S., and European countries owing to easy access to anthracite in these regions.
Many of these players have established contracts with anthracite mining
companies to ensure secure flow of raw materials for manufacturing. However,
declining mining activities across the globe are expected to hamper the raw
material supply chain.
Discrepancies in production volume of anthracite
coal have a severe impact on its pricing, which directly affects the prices of
calcined anthracite. Anthracite prices have seen major fluctuations in the past
five years owing to variations in mining output. Insufficient production
volumes and rising raw material prices are likely to increase calcined
anthracite prices in the near future.
Full
Research Report On Global Calcined Anthracite Market By Grand View
Research:
www.grandviewresearch.com/industry-analysis/calcined-anthracite-market
www.grandviewresearch.com/industry-analysis/calcined-anthracite-market
Further
key findings from the report suggest:
- By technology, electrically calcined anthracite
accounted for 74.8% of the overall volume in 2016 owing to its higher
process efficiency
- On the basis of end use, the basic oxygen
steelmaking segment was valued at USD 642.1 million in 2016. The product
offers a high carbon content relative to its cost and helps achieve up to
30% cost savings in steel manufacturing
- China was the largest steel producer in the
world in 2016, which also makes it the largest consumer of calcined
anthracite in the world. That year, the country accounted for a share of
52.8% in the global demand
- India is expected exhibit a revenue-based CAGR
of 7.9% from 2017 to 2025 owing to rapid growth of the domestic steel
manufacturing sector, coupled with recent ban on petcoke products in
certain parts of the country
- Insufficient production of calcined anthracite
in comparison to its demand is expected to result in higher product prices
over the forecast period, lowering the bargaining power of consumers
- Calcined anthracite manufacturers differentiate
their products on the basis of quality and price, keeping in mind
properties such as carbon content and purity level
- Key players such as Elkem Carbon, Rheinfelden
Carbon, Resorbent s.r.o., and Asbury Carbons are mainly engaged in
manufacturing electrical and gas calcined anthracite products specific to
steel manufacturing applications.
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials
www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials
Grand View Research has segmented the global calcined anthracite market
on the basis of technology, end use, and region:
Calcined
Anthracite Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2014 -
2025)
- Gas
Calcined Anthracite
- Electrically
Calcined Anthracite
Calcined
Anthracite End-use Outlook (Volume, Kilotons, Revenue, USD Million, 2014 -
2025)
- Pulverized
Coal Injection (PCI)
- Basic
Oxygen Steelmaking
- Electric
Arc Furnaces
Calcined
Anthracite Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2014 -
2025)
- North
America
- U.S.
- Europe
- Germany
- U.K.
- Russia
- Asia
Pacific
- China
- India
- Japan
- Central
& South America
- Brazil
- Middle
East & Africa
- Saudi
Arabia
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-calcined-anthracite-market
www.grandviewresearch.com/press-release/global-calcined-anthracite-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More
Information: www.grandviewresearch.com
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