The global Foundry Coke market is anticipated to increase at a 5% CAGR to reach value USD 3608.0 Million in 2030
The global market of foundry coke has been segmented by different process, type of metal smelting, furnace size and geography. Further, furnace size segment of the market has been bifurcated into 600-1200 mm, 1200-1800mm as well as above 1800mm. In addition, foundry coke is generally burnt in cupola furnace and size of the foundry coke depends upon the inner diameter of the cupola furnace.
Furthermore, process segment of the global foundry coke market has been sub-divided into by-product recovery process, beehive process and others. The beehive process of the segments accounts for highest foundry coke market share 2017 and is expected to maintain its dominance over the forecast spell.
Similarly, type of metal smelting segment of foundry coke market has been segregated into copper, pig iron, zinc, tin, lead and others. Additionally, pig iron division of the segment accounts for major foundry coke market share because of its huge production as compared to other types of metals. Pig iron segment is trailed by copper as well as zinc segments respectively.
Geographical segmentation of the foundry coke industry across the globe divides it into certain key regions covering Europe, North America, Latin America, Asia Pacific and Middle East & Africa. Asia Pacific regional market is foreseen to develop at a rapid pace over the forecast period due to rising usage of pig iron for the production of steel. However, Europe accounts for the highest foundry coke market share trailed by the market of North America. On the other hand, markets of Latin America as well as Middle East & Africa regions are predicted to grow at a slothful pace in upcoming years.
Key players operating in the competitive landscape of global foundry coke industry include OKK Koksovny a.s., ArcelorMittal, Nippon Coke and Engineering, CARBO-KOKS Spó?ka z o.o., Walter Energy,Shandong Coking Group, Shandong Sunshine Focal Electric, ABC Coke, Shanxi Coking Coal Group, GR RESOURCE, Jiangsu Surun Highcarbon, NalonChem, Shanxi Antai, Henan Shenhuo, Weifang Shengheng New Energy and Shanxi Huifeng Xingye Group.
Foundry Coke Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2030 |
Study Period | 2018-2030 |
Forecast Unit | Value (USD) |
Revenue forecast in 2030 | USD 3608.0 Million |
Growth Rate | CAGR of 5 % during 2020-2030 |
Segment Covered | By Application , Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | ABC Coke (Drummond), Erie Coke, ERP Compliant Coke, Tonawanda Coke Corporation, Others |
Key segments of the global Foundry Coke market
By Application (USD Million)
• casting of machinery
• process industries
• the casting of automotive parts
• insulation
• treatment of the material
Regional Overview (USD Million)
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Italy
o France
o Germany
o Russia
o Rest of Europe
• Asia-Pacific
o China
o Japan
o Korea
o India
o Southeast Asia
o Rest of Asia-Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Nigeria
o South Africa
o Rest of Middle East & Africa
• Central & South America
o Brazil
o Argentina
o Colombia
o Rest of South America