The global Electrically Calcined Anthracite Market is forecast to reach USD 3.84 Billion by 2027, according to a new report by Reports and Data. It is expected that high carbon content, together with superior thermal and electrical stability offered by the product as compared to conventional anthracite, will boost its demand in steel production. Positive environmental effects and reduced commodity prices are projected to give it a strategic advantage in the next few years relative to calcined pet-coke.
Anthracite coal has various applications as a carbon raiser, refractory coating part, rubber production filler, and pigments in foundries. The increasing demand from the end-user industries is boosting the market growth. Compared with traditional coal products, the product offers a higher carbon percentage and low ash, moisture, and volatile matter content. As a result, it has gained a keen interest in steel and other metals production, a process that involves very low humidity and impurity content of iron.
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Top Companies Operating in the Global Electrically Calcined Anthracite Market:
Rheinfelden Carbon GmbH Co K.G., Headwind Exim Private Limited, Dev Energy, Elkem AS, Sojitz JECT Corporation, RESORBENT S.R.O., Asbury Carbons Inc., Ningxia Wanboda Carbons Graphite Co., Ltd., Ningxia Carbon Valley International Co. Ltd., and Rheinbraun Brennstoff GmbH.
Further key findings from the report suggest
- The oxygen steelmaking sector generated revenue in 2019 at USD 0.72 billion based in the end-use segment. The product has high carbon content in comparison to its quality and helps in cost saving in steel production.
- Because of its highly developed Distribution Channel industries, advanced processing capabilities, combined with a highly skilled workforce and growing RD initiatives, the U.S. is among the leading countries in the market. Developing applications and strong demand encourage producers to concentrate on new technologies to expand the market.
- Manufacturers make the distinction of their products based on quality and price, taking into account characteristics such as carbon content and level of purity. Insufficient supply than its demand is prone to higher commodity prices over the forecast period.
- The demand for the market is limited. Most of the large and existing market players sell and distribute widely to clients worldwide. Conversely, most of the smaller players are based on their regional markets.
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Electrically Calcined Anthracite Market Segmentation:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Gas Calcined Anthracite
- Electrically Calcined Anthracite
Application Outlook (Revenue, USD Billion; 2017-2027)
- Steelmaking
- Carbon Products
- Water treatments
End-use Outlook (Revenue, USD Billion; 2017-2027)
- Pulverized Coal Injection
- Basic Oxygen Steelmaking
- Electric Arc Furnaces
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- U.S
- Europe
- U.K
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
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