Report ID: UCMIG15A2158
Report ID:
UCMIG15A2158 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2016, it was projected that the calcined anthracite market was worth USD 3.16 billion. As calcined anthracite is frequently used as a carbon addition in steel production to improve the quality of steel, the market is anticipated to be driven by rising demand for carbon-rich charging materials in the manufacture of steel. Additionally, it is projected that calcined anthracite will have an advantage over calcined petcoke because to its low environmental effect and comparatively low cost. The demand for calcined anthracite is anticipated to increase in the upcoming years as industries continue to place a high priority on sustainability and economical solutions.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG15A2158