Petroleum Needle Coke Market Size, Share, Industry, Forecast and outlook (2024-2031)

Petroleum coke, or pet coke, is a product manufactured from all types of oil (light/heavy crudes) through the oil refining process. Many different products are derived from a barrel of crude oil, such as gasoline, diesel and jet fuels. Moreover, petroleum coke is an essential and valuable commercial product used directly in various applications. The physical and chemical characteristics of petcoke are a function of the refining technology and crude oil used by the refinery. In addition, petcoke can be relatively soft or hard. Physically, petcoke can resemble large sponges with various pores, or it can resemble small spheres, ranging in size from a grain of sand to a large marble. Chemically, petcoke can include a diversity of elements and metals in a wide range of concentrations. Depending on these physical and chemical characteristics, petcoke is typically used in either an energy application, as a source of British thermal units or an industrial application, as a carbon source.