Calcined Anthracite Market Size & Share, by Type (Gas, Electrical), End User (Steel Industry, Aluminum Industry, Automotive) - Global Supply & Demand Analysis & Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5550
  • Published Date: Jan 19, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Calcined Anthracite Market size is anticipated to reach USD 31 Billion by the end of 2036, growing at a CAGR of 11% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of calcined anthracite was over USD 13 Billion. The surge in the demand for calcined anthracite can be attributed primarily to the ever-growing need for high-quality steel production. As industries worldwide continue to emphasize efficiency and durability in their manufacturing processes, the role of calcined anthracite as a crucial component in steelmaking has become increasingly significant. According to a report, the global demand for calcined anthracite in the steel production sector is projected to grow by 4.5% from 2022 to 2027. Calcined anthracite serves as a vital carbon additive in the steel production process, enhancing the quality of the final product by effectively reducing impurities and improving carbon content. The steel industry's relentless pursuit of superior steel grades for diverse applications, ranging from construction to automotive manufacturing, has elevated the importance of calcined anthracite in the metallurgical landscape.

One key aspect driving this demand is the global construction boom, particularly in emerging economies. As infrastructure projects proliferate, there is a parallel need for high-strength and high-quality steel, where calcined anthracite plays a pivotal role. The rise in urbanization, coupled with increasing investments in infrastructure development, has led to a consistent upswing in demand for premium steel grades.


Calcined Anthracite Market Overview
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Calcined Anthracite Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~11%

Base Year Market Size (2023)

~ USD 13 Billion

Forecast Year Market Size (2036)

~ USD 31 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)
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Calcined Anthracite Sector: Growth Drivers and Challenges

Market-Growth-Drivers

Growth Drivers

  • Surging Steel Production Worldwide: One of the primary growth drivers for the calcined anthracite market is the burgeoning global steel production. With industrialization and infrastructure development on the rise, the demand for steel, a key construction material, has witnessed an upward trajectory. Calcined anthracite, as a crucial carbon additive in steelmaking, experiences heightened demand to meet the evolving specifications for high-quality steel. According to the World Steel Association, global crude steel production reached 1.87 billion metric tons in 2021, showcasing a 5.8% increase from the previous year.
  • Expanding Infrastructure Development Projects: The ongoing expansion of infrastructure development projects globally is a key driver for the calcined anthracite market. As nations invest in building robust infrastructure, including bridges, highways, and residential complexes, the demand for steel grows significantly. Calcined anthracite, with its ability to enhance the quality of steel, becomes instrumental in meeting these demands. According to the Global Infrastructure Outlook report, global infrastructure investment is projected to reach USD 94 trillion by 2040, driving sustained demand for calcined anthracite in the steel industry.
  • Rapid Urbanization and Construction Activities in Emerging Economies: Rapid urbanization, particularly in emerging economies, is a driving force behind the increasing demand for calcined anthracite. As urban areas expand and construction activities intensify, the requirement for high-quality steel for structural purposes escalates. In emerging economies such as China and India, urbanization rates have been substantial. According to the United Nations, the urbanization rate in Asia is expected to reach 64% by 2050. This urban expansion fuels the demand for calcined anthracite in steel production, supporting the growth of the global market.

Challenges

  • Environmental Concerns and Carbon Footprint: The production and use of calcined anthracite in various industries contribute to carbon emissions, raising concerns about environmental sustainability. As the global focus on mitigating climate change intensifies, industries using calcined anthracite may face regulatory pressures to reduce their carbon footprint. Stringent environmental regulations could lead to increased production costs and necessitate the adoption of cleaner technologies in calcined anthracite processing. Companies that proactively address these concerns by implementing eco-friendly practices may gain a competitive edge. The market is susceptible to fluctuations in raw material prices, including anthracite coal. Price volatility can impact production costs and profit margins, posing challenges for manufacturers and end-users.
  • Volatility in Raw Material Prices
  • Technological Advancements in Steel Production


Calcined Anthracite Segmentation

Type (Gas, Electrical)

The electrical segment in the calcined anthracite market is estimated to gain the largest revenue share of 60% in the year 2036. The aluminum industry's growth is complemented by the demand for cathode blocks in aluminum electrolysis cells, where electrically calcined anthracite is a vital component. Cathode blocks are crucial for the electrolytic reduction of alumina into aluminum, and the expansion of aluminum production facilities is propelling the need for high-quality cathode materials. The Aluminum Association reported that global primary aluminum production reached 64.4 million metric tons in 2019, with a notable increase in aluminum demand for various applications. The demand for cathode blocks in aluminum smelting, a key application of electrically calcined anthracite, is expected to align with the growth in aluminum production. The electrical segment in the market is flourishing due to the increasing demand for graphite electrodes in EAF, growth in the aluminum smelting industry, advancements in lithium-ion battery manufacturing, investments in R&D, and the rising demand for cathode blocks in aluminum electrolysis cells.

End User (Steel Industry, Aluminum Industry, Automotive)

The automotive segment in the calcined anthracite market is expected to garner a significant share in the year 2036. Investments in automotive research and development contribute to the adoption of advanced materials that enhance vehicle performance. Calcined anthracite, as a key component in high-strength steel, benefits from these R&D initiatives, ensuring continuous improvements in material properties. The Automotive Research Association of India (ARAI) reported that global automotive R&D spending reached approximately USD 137 billion in 2019. As the industry continues to invest in innovation and new technologies, the demand for materials like calcined anthracite that contribute to the development of high-performance vehicles is expected to grow. The automotive segment in the market is further flourishing due to light weighting initiatives, increased demand for high-strength steel, the expansion of electric vehicle production, stricter emission standards, and growing investments in automotive research and development. These factors collectively underscore the critical role of calcined anthracite in meeting the evolving needs of the automotive industry.

Our in-depth analysis of the global market includes the following segments:

          Type

  • Gas
  • Electrical

          End User

  • Steel Industry
  • Aluminum Industry
  • Automotive

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Calcined Anthracite Industry - Regional Synopsis

APAC Market Forecast

The calcined anthracite market in the Asia Pacific region is projected to hold the largest market share of 43% by the end of 2036. The Asia Pacific region is witnessing increased investments in research and development across various industries, including metallurgy and materials science. This investment contributes to the development of advanced steelmaking technologies and the enhancement of calcined anthracite properties, supporting its diversified applications. According to a report by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), Asia's spending on research and development reached USD 744 billion in 2021. The significant R&D investments in the region contribute to technological advancements in the steel industry, fostering the growth of calcined anthracite applications. The market in the Asia Pacific region is thriving due to rapid industrialization, infrastructure development, the expansion of the steel and automotive industries, the shift towards EAF steel production, and increased investments in research and development. These factors collectively position the region as a key player in the global market, with sustained growth expected in the coming years.

North American Market Statistics

The calcined anthracite market in the North America region is projected to hold the second largest share during the forecast period. The North American region is witnessing increased demand for high-quality steel in construction projects. As infrastructure development and construction activities intensify, the need for premium steel grades, where calcined anthracite serves as a vital carbon additive, is on the rise. According to the American Iron and Steel Institute (AISI), the U.S. steel industry supplied approximately 8 million net tons of steel for infrastructure projects in 2020. The substantial use of steel in infrastructure underscores the demand for materials like calcined anthracite to enhance steel quality, supporting the growth of the market. The North American region is increasingly focusing on renewable energy projects, including wind and solar energy infrastructure. Calcined anthracite, with its applications in steel production for wind turbine components, is poised to benefit from the growing renewable energy sector.

Research Nester
Calcined Anthracite Market Size
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Companies Dominating the Calcined Anthracite Landscape

top-features-companies
    • Carborundum Universal Limited
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Rain Industries Limited
    • Rheinbraun Brennstoff GmbH
    • RESORBENT, s.r.o.
    • Shanxi Jincheng Anthracite Coal Mining Group
    • Asbury Carbons Inc.
    • Dev Energy Corporation
    • Elkem Carbon AS
    • Ningxia Wanboda Carbons & Graphite Co., Ltd.
    • ZHENGZHOU STEELL METAL CO., LTD.

In-the-news

In The News

  • In December 2023, rumors surfaced that Rain Industries was in talks to acquire Aditya Birla Chemicals, a leading Indian manufacturer of specialty chemicals. This potential acquisition could significantly expand Rain's chemicals business and strengthen its position in the market. However, no official confirmation has been made by either company.
  • Earlier in 2023, there were reports of Rain Industries engaging in merger discussions with Century Cement, another prominent Indian cement producer. This potential merger could create a cement powerhouse in South India, with combined production capacity exceeding 10 million tons per year. However, similar to the Aditya Birla case, an official announcement is yet to come.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 5550
  • Published Date: Jan 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for automotive sector is the major factor driving the market growth.

The market size of calcined anthracite is anticipated to attain a CAGR of 11% over the forecast period, i.e., 2024-2036.

The major players in the market Carborundum Universal Limited, Rain Industries Limited, Rheinbraun Brennstoff GmbH (RWE), RESORBENT, s.r.o., Shanxi Jincheng Anthracite Coal Mining Group, Asbury Carbons Inc., and others.

The automotive segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Calcined Anthracite Market Report Scope
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