According to a recently published market analysis report by Persistence Market Research, the value of calcined anthracite sales worldwide in 2022 was US$3.5 billion. The market is anticipated to increase by 4.1% between 2023 and 2033, reaching a worth of US$ 5.3 billion by the end of the forecast period. The technology for gas-calcining anthracite is predicted to generate the biggest amount of income, with a CAGR of more than 3.6% from 2023 to 2033.
The calcined anthracite market is experiencing steady growth as the demand for carbon additives continues to rise in various industries. With carbon additives playing a vital role in enhancing the properties of materials, the market for calcined anthracite has witnessed increasing adoption, propelling its growth across diverse sectors.
One of the primary factors driving the market’s expansion is the growing demand for high-quality carbon products. Calcined anthracite, with its superior carbon content and low impurities, is widely recognized for its excellent carbonization properties. It is extensively used as a carbon additive in steelmaking, foundries, and other applications, where it enhances the performance, stability, and overall quality of carbon-based materials.
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Furthermore, the rise in industrialization and infrastructure development projects has spurred the demand for calcined anthracite. As these sectors require robust and durable materials, the addition of calcined anthracite as a carbon additive helps improve the strength and mechanical properties of materials such as concrete, asphalt, and refractories. This has fueled the market growth as manufacturers seek to enhance the performance and longevity of their products.
Another significant aspect contributing to the market’s steady growth is the increasing emphasis on energy efficiency and reduced emissions. Calcined anthracite has gained traction as a preferred carbon additive due to its low volatile matter content, high carbonization efficiency, and reduced environmental impact. Its use in energy-intensive industries, such as steel production, helps achieve higher energy efficiency and lower greenhouse gas emissions, aligning with sustainability goals and regulatory requirements.
As the demand for carbon additives continues to rise, the calcined anthracite market is poised for further growth. Industry experts anticipate sustained expansion, driven by the need for high-quality carbon products in various sectors. Manufacturers and suppliers are investing in advanced production technologies and quality control measures to ensure the supply of reliable and efficient calcined anthracite to meet the evolving demands of customers.
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In conclusion, the calcined anthracite market is experiencing steady growth, driven by the increasing demand for carbon additives. As a high-quality carbon product, calcined anthracite enhances the performance and properties of materials in multiple industries. With the market poised for expansion, manufacturers and suppliers are well-positioned to capitalize on the opportunities presented by the growing demand for carbon additives, further driving innovation and efficiency across diverse sectors.
Companies Covered in This Report –
- Asbury Carbon
- Black Diamond
- Dev Technofab Ltd.
- Elkem ASA
- Henan Star Metallurgy Material Co.Ltd
- Jh Carbon Pty Ltd
- Kingstone Group
- Resorbent s.r.o.
- Rheinfelden Carbon Products GmbH
- Sojitz JECT Corporation
- Voltcon International PTE Limited
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Segmentation of the Global Calcined Anthracite Market:
By Technology
- Gas Calcined Anthracite
- Electrically Calcined Anthracite
By Application
- Pulverized Coal Injection
- Basic Oxygen Steelmaking
- Electric Arc Furnaces
By End-Use Industry
- Iron and Steel
- Aluminum
- Pulp and Paper
- Power Generation
- Water Filtration
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
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