DUBLIN--(BUSINESS WIRE)--Dec 1, 2022--
The "Calcined Anthracite Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global calcined anthracite market reached a value of US$ 3.38 Billion in 2021. Looking forward, the market to reach US$ 3.84 Billion by 2027, exhibiting at a CAGR of 2.3% during 2022-2027.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Calcined anthracite is produced by annealing anthracite coal in a horizontal gas furnace at an extreme temperature. It decreases the electrical resistivity property of the material and removes residual volatile organic compounds. As a result, it is widely utilized as a recarburiser in ladle and blast furnaces for producing carbon blocks and tamping paste.
It is also gaining popularity as an alternative to calcined oil coke in the production of ductile and grey irons. Nowadays, electrically calcined anthracite (ECA) with high electrical resistance is extensively utilized by several manufacturers for making uniform industrial products.
Calcined Anthracite Market Trends:
The widespread use of steel in the construction, agriculture, and automobile industries represents one of the major factors catalyzing the demand for calcined anthracite across the globe.
In addition to this, as calcined anthracite has high purity, it is widely used in battery casings as a vital filler component. The boosting sales of electric vehicles (EVs) and the thriving aviation industry are also positively influencing its adoption, which, in turn, is bolstering the market growth.
Apart from this, it is utilized as a filler in the production of ramming and electrode paste, cathode blocks, carbon electrodes, and other carbon products. This, in confluence with the rising use of filtration systems in drinking water and wastewater management, is contributing to the market growth.
Furthermore, as calcined anthracite releases fewer toxic gases than other forms of coals, it finds extensive applications in heating and power generation worldwide. This, coupled with the surging demand for energy on account of rapid industrialization and the increasing dependence on electrification, is anticipated to present lucrative opportunities to market players.
Key Questions Answered in This Report:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
Key Market Segmentation:
Breakup by Technology:
Breakup by Application:
Breakup by End Use Industry:
Breakup by Region:
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KEYWORD:
INDUSTRY KEYWORD: CHEMICALS/PLASTICS COAL AUTOMOTIVE MANUFACTURING AEROSPACE ENERGY MANUFACTURING TECHNOLOGY OTHER AUTOMOTIVE EV/ELECTRIC VEHICLES BATTERIES OTHER NATURAL RESOURCES MINING/MINERALS NATURAL RESOURCES AUTOMOTIVE STEEL OTHER ENERGY
SOURCE: Research and Markets
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PUB: 12/01/2022 11:59 AM/DISC: 12/01/2022 12:00 PM
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