Petroleum Coke (PetCoke) Industry Forecast 2016-25 : Trend, Size, Share, Analysis, Growth
Description- Petroleum Coke or Petcoke is a co-product of several distillation processes used in refining heavy crude oil. As nearly half of the petroleum refineries in the United States uses a coking process to convert heavy crude oils into refined petroleum products, more refineries are likely to follow. Although it is a refining co-product, petcoke has economic value as both a heating fuel and raw material in manufacturing. The global petroleum coke industry has witnessed gradual growth over the years. The diverse end market application and ease of availability of coke has resulted in its growing demand in the market. United States is the largest producer of pet coke and has large number of coker and oil refineries. But after the recession, the dynamics of petroleum coke industry has shifted from mature western markets to rapidly growing and expanding Asian market. To Browse a Report Detail with TOC @ http://www.researchmoz.us/global-petroleum-coke-petcoke-market-tr