Global Needle Coke Market accounted for US$ 3.75 billion in 2020 and is estimated to be US$ 7.13 billion by 2030 and is anticipated to register a CAGR of 6.7%. Needle coke is a type of pet coke appreciated for its crystalline form, which makes it an excellent material for producing electrodes. Needle coke is usually made in a specialized coker with low-sulfur FCC slurry as a feedstock. The needle coke qualities are achieved thanks to the high aromatics concentration of the FCC slurry. Low-sulfur FCC slurry is frequently sent to a third-party needle coker, while some refineries have their own dedicated needle coker on site.
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