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Needle Coke Market Is Likely To Up Demand At A USD 5.4 Billion By 2025

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  San Francisco, 13 April 2023:  The Report   Needle Coke Market  Size, Share & Trends Analysis Report By Grade (Super-Premium, Premium, Intermediate), By Application (Electrode, Silicon Metals, Carbon Black), By Region, And Segment Forecasts, 2019 - 2025 The global needle coke market size is projected to reach USD 5.4 billion by 2025, accelerating at a CAGR of 6.9% over the forecast period, according to a new report by Grand View Research, Inc. Surging demand for needle coke in the manufacturing of lithium-ion battery is a key factor driving the industry growth. Needle coke is a primary element used in the manufacturing of graphite electrodes. The utilization of graphite in batteries has expanded at a robust pace over the past few years. It is the second heaviest component in lithium-ion batteries. These batteries require up to 10 to 20 times more graphite than lithium. Growth of steel industry along with increasing demand from lithium-ion batteries in electric vehicles is likely

Needle Coke Market Size To Hit USD 5.4 Billion By 2025 : Grand View Research Inc.

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San Francisco, 6 November 2019:   The Report   Needle Coke Market   Size, Share & Trends Analysis Report By Grade (Super-Premium, Premium, Intermediate), By Application (Electrode, Silicon Metals, Carbon Black), By Region, And Segment Forecasts, 2019 – 2025 The global needle coke market size is projected to reach USD 5.4 billion by 2025, accelerating at a CAGR of 6.9% over the forecast period, according to a new report by Grand View Research, Inc. Surging demand for needle coke in the manufacturing of lithium-ion battery is a key factor driving the industry growth. Needle coke is a primary element used in the manufacturing of graphite electrodes. The utilization of graphite in batteries has expanded at a robust pace over the past few years. It is the second heaviest component in lithium-ion batteries. These batteries require up to 10 to 20 times more graphite than lithium. Growth of steel industry along with increasing demand from lithium-ion batteries in electric vehicles i