Needle Coke Market Poised to Reach Valuation of USD 5,502.2 Million By 2032 | Astute Analytica [Yahoo! Finance]
GrafTech International Ltd. (EAF)
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Source: Yahoo! Finance
The Asia-Pacific region leads in production and consumption, while environmental regulations and raw material costs remain key challenges. New Delhi, May 22, 2024 (GLOBE NEWSWIRE) -- The global needle coke market was valued at US$ 2,600.9 million in 2023 and is anticipated to reach US$ 5,502.2 million by 2032 at a CAGR of 8.4% during the forecast period 2024–2032. Today, needle coke finds its most widespread application in graphite electrodes, followed by lithium battery anode materials, which have shown stable and upward demand. The demand for needle coke in energy storage technologies, particularly in lithium-ion batteries, has been a significant driver of the market's growth. Download Sample Copy @ https://www.astuteanalytica.com/request-sample/needle-coke-market The global production capacity in the needle coke market has seen significant growth in recent years. By 2021, it had reached approximately 3250kt/a, with China playing a dominant role in this expansion. China's pr
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