Calcined Anthracite Market

Calcined Anthracite Market Analysis by Pulverized Coal Injection, Basic Oxygen Steelmaking, and Electric Arc Furnaces from 2024 to 2034

Analysis of Calcined Anthracite Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Calcined Anthracite Market Outlook (2024 To 2034)

The global calcined anthracite market size is estimated to attain US$ 3,635.7 million in 2024. During the forecast period, 2024 to 2034, the market share is expected to expand at a 4.3% CAGR. By 2034, the market is expected to have grown to US$ 5,473.5 million.

Key Market Growth Drivers

  • Steel is manufactured using calcined anthracite as a carbon additive. It contributes to raising the carbon content of the steel, increasing its durability and strength.
  • There is still a strong need for steel as the world's infrastructure continues to grow and industrialize. The demand for calcined anthracite is directly impacted by the expansion of the steel industry.
  • Carbon electrodes, which are used in electric arc furnaces to produce metals like silicon metal, calcium carbide, and ferroalloys, are also made from calcined anthracite.
  • The need for calcined anthracite in the production of carbon electrodes may be influenced by the development of renewable energy sources and the rising popularity of electric vehicles.
  • Low impurities and high carbon content make calcined anthracite valuable. The need for calcined anthracite is fueled by sectors including iron casting, aluminum production, and other manufacturing processes that need high-grade carbon sources.
  • There will likely be an increase in demand for high-end carbon products like calcined anthracite as different sectors compete for efficiency and product quality.

The need for premium carbon sources such as calcined anthracite may be driven by advancements in carbon nanotechnology, which entails the manipulation and use of materials at the nanoscale. Energy storage, electronics, and materials science are just a few of the disciplines that employ carbon nanotubes along with different nanomaterials made from calcined anthracite.

Due to their special qualities, carbon nanoparticles may be able to carve out a position for themselves in the larger calcined anthracite market, opening up new development prospects.

Report Attributes Details
Estimated Market Value (2024E) US$ 3,635.7 million
Forecast Market Value (2034F) US$ 5,473.5 million
Global Market Growth Rate (2024 to 2034) 4.3% CAGR
Pulverized Coal Injection Segment Growth Rate (2024 to 2034) 4.3% CAGR
Industrial Segment Growth Rate (2024 to 2034) 5% CAGR
North America Market Share (2024) 28.6%
East Asia Market Share (2024) 36.5%
Key Companies Profiled
  • Asbury Carbons
  • Elkem
  • Aluminium Rheinfelden Group
  • Kingstone Group
  • Ningxia Wanboda Carbons & Graphite Co. Ltd.
  • Henan Star Metallurgy Material Co. Ltd
  • Southern Carbon Pvt. Ltd.
  • Voltcon International PTE Limited

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What Factors are Responsible for the Growth of the Global Calcined Anthracite Market?

“Various water treatment projects to open up new avenues for the calcined anthracite market”

Calcined anthracite is used in various water treatment operations because of its porous structure as well as its high carbon content, which makes it good at removing pollutants and contaminants from water.

The demand for calcined anthracite in the water treatment industry is driven by growing concerns about the quality of water and the necessity for effective purification solutions. For instance, calcined anthracite may be used in drinking water-treatment filtration systems to improve organic material removal, offering a distinct market driver.

The filtering qualities of calcined anthracite make it a useful material for desalination procedures, helping cleanse saltwater of contaminants. There is an increasing need for calcined anthracite in this particular use as desalination plants proliferate internationally to alleviate water constraints.

“Innovations in carbon capture and storage technology to people the growth of the market”

Technological developments in carbon capture are driving the need for calcined anthracite, which may be used in carbon capture and storage (CSS) operations. CCS is a key tool in the global effort to mitigate climate change by lowering carbon dioxide emissions from industrial activities.

Calcined anthracite may be used as a carbon source for CO2 capture and storage, promoting greener and more sustainable industrial processes because of its high carbon content. The use of calcined anthracite in developing CCS systems is fueled by regulations and an increasing focus on environmental responsibility.

What are the Major Restraints to the Growth of the Calcined Anthracite Market?

“Volatile prices and environmental concerns are significant roadblocks to the growth of the market”

The market for calcined anthracite faces difficulties such as fluctuating raw material prices, especially for anthracite coal, which affects manufacturing costs and profit margins. Strict environmental laws are another constraint, forcing businesses to make investments in greener and more sustainable production techniques. The need to modify current facilities in order to comply with these rules may increase the cost of compliance.

It is still difficult for the sector to strike a balance between cost-effectiveness and environmental responsibility as it works to satisfy changing regulations and maintain its competitiveness in the global calcined anthracite market.

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How can Startups Place Themselves Differently in the Competitive Calcined Anthracite Market?

“Startups are focussing on blockchain integration to gain a better position in the global market”

Innovative strategies are being used by startups in the global market for calcined anthracite to achieve scalability. Using advanced machine learning algorithms to optimize industrial processes is one such strategy. These firms use predictive modeling and real-time data analytics to guarantee consistent product quality, save energy usage, and increase efficiency. In addition to streamlining production, this data-driven strategy enables preventive maintenance, which reduces downtime.

Some firms in the calcined anthracite market are offering novel blockchain-based traceability methods. These businesses provide transparent and safe tracking of the whole supply chain—from mining to the end-user in steel production-by putting blockchain technology to work. This invention reduces fraud, guarantees data integrity, and gives stakeholders up-to-date information about the source, caliber, and sustainability of calcined anthracite.

In addition to satisfying the growing need for products with ethical origins, this traceability raises consumer confidence in the market as a whole. Blockchain integration is a unique approach that demonstrates a dedication to transparency and uniqueness in the ever-changing worldwide market for calcined anthracite.

Country-wise Insights

In the global calcined anthracite market, North America and East Asia have been making notable progress. North America is expected to increase its market share to 28.6% by 2024. In contrast, it is anticipated that East Asia will increase its market share to 36.5% by 2024.

North America is a potential market holding many opportunities for companies to capitalize on calcined anthracite. The thriving industries along with the rising demand for premium carbon additives for steel production, are propelling the growth of the market. The market for calcined anthracite is driven by East Asia, especially China, where there is a growing need for cleaner as well as more effective metallurgical operations due to increasing industrialization.

What is the Status of the United States Calcined

“Robust steel industry to propel sales in the United States”

Attributes The United States
Market Value in 2024 US$ 745.5 million
CAGR from 2024 to 2034 4.6%
Projected Value in 2034 US$ 1,170.7 million

The market in the United States is expected to be valued at US$ 745.5 million in 2024, and it is anticipated to gain a market share of 71.7% in 2024.

The primary driving factor for calcined anthracite demand throughout the United States is the robust steel infrastructure in the country. The ongoing investment in infrastructure and manufacturing is increasing the demand in the steel industry for premium carbon additives. Calcined anthracite is an important ingredient for improving the efficiency of blast furnace combustion due to its high carbon concentration, low volatile matter content, and improved heat conductivity.

Its use lowers greenhouse gas emissions, in line with the country's emphasis on sustainable practices. The significance of calcined anthracite in the United States market is highlighted by the demand for greater energy efficiency and environmental responsibility.

How will the Growth of the Calcined Anthracite Market Unfold in China?

“The industrial and metallurgical sector of China to push demand”

Attributes China
Market Value in 2024 US$ 755.1 million
CAGR from 2024 to 2034 4.8%
Projected Value in 2034 US$ 1,204.3 million

In 2024, the China market for calcined anthracite is expected to be valued at US$ 755.1 million. The market is also projected to acquire a market share of 56.9%% in the same year.

The robust industrial and metallurgical industries of China propel the need for calcined anthracite. China, among the world's top producers and consumers of steel, primarily employs calcined anthracite in its steelmaking activities.

Due to China's ongoing industrialization and infrastructure development, calcined anthracite is playing a bigger role in meeting the country's expanding need for premium steel. Its acceptance, which feeds the ongoing and widespread demand for calcined anthracite, further demonstrates the dedication of the country to cleaner and greener industrial techniques.

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Category-wise Insights

Why Calcined Anthracite are Highly Preferred for Pulverized Coal Injections?

“High carbon content of calcined anthracite to ignite its usage for PCI”

Application Value Share in 2024
Pulverized Coal Injection 23.7%

The pulverized coal injection segment is estimated to hold 23.7% of the market share in 2024. During the forecast period, the segment is anticipated to garner a 4.3% CAGR.

Pulverized coal injection (PCI) is seeing a rise in the use of calcined anthracite because of its low volatile matter concentration, high carbon content, and improved heat conductivity. In PCI, it improves blast furnace combustion efficiency by providing a more affordable option to metallurgical coke.

Reduced environmental impact, higher energy savings, and enhanced steel manufacturing efficiency are all benefits of the reliable quality of calcined anthracite. The advantageous quality of calcined anthracite makes it a desirable option for streamlining the PCI process in the steelmaking industry as businesses look for sustainable substitutes.

Why is there a High Demand for Calcined Anthracite in the Iron and Steel Industry?

“Lower ash content and resistance properties of calcined anthracite to boost its usage in iron and steel sector”

End Use Value share in 2024
Iron and Steel 22.7%

The iron and steel end-use segment is expected to gain a 22.7% market share in 2024. It is also going to garner a 5% CAGR during the forecast period. The popularity of calcined anthracite in the iron and steel industry is mainly due to its low ash content and resistance properties to high temperatures, which minimize impurities during the metal manufacturing process.

The material is a dependable option owing to its robustness and capacity to endure challenging circumstances, which guarantees steady and consistent outcomes in a range of metallurgical applications.

The use of calcined anthracite aids in the general decrease of carbon dioxide emissions, supporting international initiatives aimed at lessening the environmental effects of the iron and steel sector. Its extensive use demonstrates how important calcined anthracite is for fostering economy, sustainability, and efficiency in the manufacturing of iron and steel.

Competitive Landscape

Companies are attempting to gain a competitive edge in the global market for calcined anthracite by means of process innovation, technical breakthroughs, and strategic partnerships. The main priorities are sustainable practices, optimized product quality, and increased manufacturing efficiency.

Many businesses are spending money on research and development to provide value-added solutions, while others are forming international alliances to increase their market share. Gaining a competitive edge in the fast-paced calcined anthracite business also requires focusing on environmental sustainability and adhering to regulations.

Some of the key developments in this market are:

  • In 2023, Asbury Carbons Inc. declared that it would raise the prices of its non-carbon materials, cokes, and natural and synthetic graphite products. Price hikes will take effect for shipments starting on January 1, 2024, and they might reach up to 10%, based on the product and grade. These price hikes are required in part to cover the rising costs of energy, raw materials, transportation, and production.
  • The new Elkem Silicones Research and Innovation Center in Saint-Fons, the "Chemical Valley" of Lyon, officially opened its doors. ATRiON, which stands for "atrium and innovation," will promote cooperative research projects and synergies, mirroring the shift in research toward more transparent, interdisciplinary forms.

Segmentation of Calcined Anthracite Market Research

  • By Application :

    • Pulverized Coal Injection
    • Basic Oxygen Steelmaking
    • Electric Arc Furnaces
  • By End Use :

    • Iron and Steel
    • Aluminum
    • Pulp and Paper
    • Power Generation
    • Water Filtration
    • Others
  • By Region :

    • North America
    • Europe
    • Latin America
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

- FAQs -

What was the estimated value of the calcined anthracite market in 2019?

The global calcined anthracite market was valued at US$ 2,313.6 million in 2019.

What will be the outlook for calcined anthracite in 2024?

The global market for calcined anthracite is likely to be valued at US$ 3,635.7 million in 2024.

What is the market value for calcined anthracite in 2034?

Demand for calcined anthracite is projected to reach a market value of US$ 5,473.5 million by the end of 2034.

What is the adoption CAGR for calcined anthracite from 2024 to 2034?

Adoption of calcined anthracite is projected to develop at a CAGR of 4.3% through 2034.

At what rate is the market in North America predicted to rise?

The North America market for calcined anthracite is projected to garner a CAGR of 4.3% through 2034.

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