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Metallurgical Coke Market Size, Share & Trends Analysis Report By End Use (Iron & Steel, Chemical, Industrial), By Region (North America, Europe, APAC, CSA, MEA), And Segment Forecasts, 2024 - 2030

June 2024 | 100 pages | ID: MB5204016A41EN
Grand View Research, Inc.

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Metallurgical Coke Market Growth & Trends

The global metallurgical coke market size is expected to reach USD 534.56 billion by 2030 at a projected CAGR of 6.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Investments to expand steel production capacities are expected to drive demand for metallurgical coal (metcoke).

In January 2023, North America Stainless announced a capacity expansion worth USD 244 million to increase its stainless steel production capacity at its Kentucky facility by 200,000 tons, which is a 20% growth. This expansion will cater to flat product manufacturing. With this expansion, the company expects to create around 70 new jobs and expand its footprint in the American market.

Low to moderate growth in crude steel production is expected to benefit metcoke demand. The high volume of crude steel production worldwide requires large quantities of metallurgical coke. According to the World Steel Association, global crude steel production stood at 1,849.7 million metric tons in 2023, compared to 1,885.4 million tons in 2022.

Installation of new blast furnaces is likely to boost demand for metallurgical coke. For instance, in September 2023, Ulanhot Steel, a Chinese steel company, launched a new blast furnace at its Inner Mongolia plant. This furnace has capacity to process 1.13 billion tons of iron per year. Along with this, the company also installed a plant to process gases generated during pig iron production. This plant is expected to reduce emissions by 50,000 tons per year.

Metallurgical coke also finds application in ferroalloy production, thus, expansion of ferroalloy industry is likely to benefit growth of the market. In February 2023, Fincraft Resources and Monnet Group formed a joint venture for production of ferrosilicon, with an investment of USD 125 million. The plant will be known as Kazakh Limited and is expected to have a production capacity of 50,000 tons per year.

Factors such as competition from foreign companies affect market dynamics for metallurgical coke. For instance, rising imports in India affected domestic production levels. As per Indian Metallurgical Coke Manufacturers, plant capacity utilization of Indian metcoke companies dropped by 30-35% as of July 2023. This decline was attributed to a rise in imports. The local producers raised a complaint regarding the surge in imports, which in turn has raised the possibility of implementing import quotas in the second half of 2024 to protect the domestic metcoke manufacturers.

Metallurgical Coke Market Report Highlights
  • Based on end use, the steel segment dominated the market in 2023 with a share of over 93% and is expected to maintain its position over the forecast period. The demand for steel in industries such as construction, consumer durables, machinery, and automotive industries is expected to benefit market growth.
  • The industrial segment is likely to register fastest growth over forecast period. The expansion of industrial sectors in countries such as India, Brazil, and ASEAN countries is anticipated to play a key role in expansion of market.
  • Asia Pacific was largest region, with a share of over 83% in 2023. A large number of blast furnaces in region are expected to keep positive momentum for metallurgical coke demand.
  • The market is fragmented in nature, with a presence of medium to large size companies. Major steel companies have integrated supply chains to ensure availability of raw materials including coal and metcoke.
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Information Analysis
  1.3.2. Market Formulation & Data Visualization
  1.3.3. Data Validation & Publishing
1.4. Research Scope and Assumptions
  1.4.1. List of Data Sources

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook

CHAPTER 3. MARKET VARIABLES, TRENDS, AND SCOPE

3.1. Global Metallurgical Coke Market Outlook
3.2. Value Chain Analysis
3.3. Manufacturing & Technology Overview
3.4. Regulatory Framework
3.5. Price Trends
3.6. Market Dynamics
  3.6.1. Market Driver Analysis
  3.6.2. Market Restraint Analysis
  3.6.3. Industry Trends
3.7. ESG Trends
  3.7.1. Benefits of ESG
  3.7.2. ESG Mentions In Company Filings
  3.7.3. Case Studies
3.8. Porter’s Five Forces Analysis
  3.8.1. Bargaining Power of Suppliers
  3.8.2. Bargaining Power of Buyers
  3.8.3. Threat of Substitution
  3.8.4. Threat of New Entrants
  3.8.5. Competitive Rivalry
3.9. PESTLE Analysis
  3.9.1. Political
  3.9.2. Economic
  3.9.3. Social Landscape
  3.9.4. Technology
  3.9.5. Environmental
  3.9.6. Legal

CHAPTER 4. METALLURGICAL COKE MARKET: END USE ESTIMATES & TREND ANALYSIS

4.1. Metallurgical Coke Market: End Use Movement Analysis, 2023 & 2030
4.2. Iron & Steel
  4.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
4.3. Chemical
  4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
4.4. Industrial
  4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)

CHAPTER 5. METALLURGICAL COKE MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

5.1. Regional Analysis, 2023 & 2030
5.2. North America
  5.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
  5.2.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.2.3. U.S.
    5.2.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.2.3.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.2.4. Canada
    5.2.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.2.4.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.2.5. Mexico
    5.2.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.2.5.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
5.3. Europe
  5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
  5.3.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.3.3. Germany
    5.3.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.3.3.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.3.4. France
    5.3.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.3.4.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.3.5. Spain
    5.3.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.3.5.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.3.6. Tьrkiye
    5.3.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.3.6.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.3.7. Russia
    5.3.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.3.7.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
5.4. Asia Pacific
  5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
  5.4.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.4.3. China
    5.4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.4.3.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.4.4. Japan
    5.4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.4.4.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.4.5. India
    5.4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.4.5.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.4.6. South Korea
    5.4.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.4.6.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
5.5. Central & South America
  5.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
  5.5.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.5.3. Brazil
    5.5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.5.3.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
5.6. Middle East & Africa
  5.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
  5.6.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.6.3. South Africa
    5.6.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.6.3.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)
  5.6.4. Russia
    5.6.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
    5.6.4.2. Market estimates and forecasts, by end-use, 2018 - 2030 (Kilotons) (USD Million)

CHAPTER 6. COMPETITIVE LANDSCAPE

6.1. Recent Developments, By Key Market Participants
6.2. Kraljic Matrix
6.3. Company Categorization
6.4. Heat Map Analysis
6.5. Company Market Ranking
6.6. Vendor Landscape
  6.6.1. List of Equipment Suppliers
  6.6.2. List of Distributors/Traders
  6.6.3. List of Other Prominent Manufacturers
6.7. List of Prospective End-Users
6.8. Strategy Mapping
6.9. Company Profiles/Listing
  6.9.1. ArcelorMittal
    6.9.1.1. Company Overview
    6.9.1.2. Financial Performance
    6.9.1.3. Product Benchmarking
  6.9.2. Bluescope Steel
    6.9.2.1. Company Overview
    6.9.2.2. Financial Performance
    6.9.2.3. Product Benchmarking
  6.9.3. CHINA SHENHUA
    6.9.3.1. Company Overview
    6.9.3.2. Financial Performance
    6.9.3.3. Product Benchmarking
  6.9.4. ECL
    6.9.4.1. Company Overview
    6.9.4.2. Financial Performance
    6.9.4.3. Product Benchmarking
  6.9.5. GNCL
    6.9.5.1. Company Overview
    6.9.5.2. Financial Performance
    6.9.5.3. Product Benchmarking
  6.9.6. Hickman Williams & Company
    6.9.6.1. Company Overview
    6.9.6.2. Financial Performance
    6.9.6.3. Product Benchmarking
  6.9.7. Jastrzкbska Spoіka Weglowa (JSW)
    6.9.7.1. Company Overview
    6.9.7.2. Financial Performance
    6.9.7.3. Product Benchmarking
  6.9.8. Nippon Steel Corporation
    6.9.8.1. Company Overview
    6.9.8.2. Financial Performance
    6.9.8.3. Product Benchmarking
  6.9.9. OKK Koksovny, a.s.
    6.9.9.1. Company Overview
    6.9.9.2. Financial Performance
    6.9.9.3. Product Benchmarking
  6.9.10. SunCoke Energy Inc.
    6.9.10.1. Company Overview
    6.9.10.2. Financial Performance
    6.9.10.3. Product Benchmarking
LIST OF TABLES


Table 1 Metallurgical coke market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 2 Metallurgical coke market estimates & forecasts, by iron & steel, 2018 - 2030 (Kilotons) (USD Million)
Table 3 Metallurgical coke market estimates & forecasts, by chemical, 2018 - 2030 (Kilotons) (USD Million)
Table 4 Metallurgical coke market estimates & forecasts, by industrial, 2018 - 2030 (Kilotons) (USD Million)
Table 5 North America metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 6 North America metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 7 North America metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 8 U.S. metallurgical coke market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 9 U.S. metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 10 U.S. metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 11 Canada metallurgical coke market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 12 Canada metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 13 Canada metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 14 Mexico metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 15 Mexico metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 16 Mexico metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 17 Europe metallurgical coke market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 18 Europe metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 19 Europe metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 20 Germany metallurgical coke market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 21 Germany metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 22 Germany metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 23 Spain metallurgical coke market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 24 Spain metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 25 Spain metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 26 France metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 27 France metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 28 France metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 29 Russia metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 30 Russia metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 31 Russia metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 32 Tьrkiye metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 33 Tьrkiye metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 34 Tьrkiye metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 35 Asia Pacific metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 36 Asia Pacific metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 37 Asia Pacific metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 38 China metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 39 China metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 40 China metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 41 Japan metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 42 Japan metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 43 Japan metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 44 India metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 45 India metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 46 India metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 47 South Korea metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 48 South Korea metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 49 South Korea metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 50 South Korea metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 51 Central & South America metallurgical coke market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 52 Central & South America metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 53 Central & South America metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 54 Brazil metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 55 Brazil metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 56 Brazil metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 57 Middle East & Africa metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 58 Middle East & Africa metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 59 Middle East & Africa metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
Table 60 South Africa metallurgical coke market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
Table 61 South Africa metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (Kilotons)
Table 62 South Africa metallurgical coke market estimates & forecasts by end use, 2018 - 2030 (USD Million)
LIST OF FIGURES


Fig. 1 Market segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Market snapshot
Fig. 7 Segmental outlook
Fig. 8 Competitive Outlook
Fig. 9 Metallurgical coke market outlook, 2018 - 2030 (USD Million) (Kilotons)
Fig. 10 Value chain analysis
Fig. 11 Market dynamics
Fig. 12 Porter’s Analysis
Fig. 13 PESTEL Analysis
Fig. 14 Metallurgical coke market, by end use: Key takeaways
Fig. 15 Metallurgical coke market, by end use: Market share, 2022 & 2030
Fig. 16 Metallurgical coke market: Regional analysis, 2022
Fig. 17 Metallurgical coke market, by region: Key takeaways


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