Foundry coke is used in blast furnace and used for copper, lead, zinc, titanium, antimony, mercury, and other non-ferrous metal smelting blast furnaces. It is a source of heat and helps maintain the required carbon content of the metal product. Foundry coke production requires lower temperatures and longer times than blast furnace coke. Foundry Coke has large block, low reactivity, low porosity, significant shatter strength, low ash, and sulfur content.
MARKET DYNAMICS
The foundry coke market has witnessed a significant growth owing to factors such as high growth in the chemical industry. Moreover, R&D activity and strict government regulations provides a huge market opportunity for the key players operating in the foundry coke market. However, rising regulations on the hazardous chemicals is projected to hamper the overall growth of the foundry coke market.
MARKET SCOPE
The "Global Foundry Coke Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the foundry coke market with detailed market segmentation product, application and geography. The global foundry coke market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading foundry coke market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global foundry coke market is segmented on the basis of product and application. On the basis of type, the global foundry coke market is divided into ash content 8%, 8% - ash content 10% and ash content less than 10%. On the basis of application, the global foundry coke market is divided into automotive parts casting, machinery casting and material treatment.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global foundry coke market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The foundry coke market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
`The report analyzes factors affecting the foundry coke market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the foundry coke market in these regions.
MARKET PLAYERS
The reports cover key developments in the foundry coke market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of marketplayers. The marketpayers from foundry coke market is anticipated to lucrative growth opportunities in the future with the rising demand for foundry coke in the global market. Below mentioned is the list of few companies engaged in the foundry coke market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the foundry coke market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ABC Coke (Drummond)
- Erie Coke
- ERP Compliant Coke
- Tonawanda Coke Corporation
- Others
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.