Foundry Coke Market Forecast till 2030

Market Overview

Global foundry coke market growth is anticipated to be driven primarily by the use of foundry coke in cupola furnaces. It is predicted that the global market will grow due to the rising demand for iron cast components in the automobile industry. The foundry coke market is also predicted to benefit from the growing global need for insulation materials during the forecast period. Over the projection horizon, competition from similar products is expected to slow the growth of the product market. Regulatory restrictions and negative outcomes of producing foundry coke prevent businesses from expanding.
Cast iron products are produced in various shapes and sizes using foundry coke as a fuel in cupola furnaces to make molten iron. In the automotive industry, metals account for around 80% of total vehicle weight, with plastic, rubber, glass, paint, and textiles accounting for the remaining 20%. In the automotive industry, steel, sintered metals, aluminum alloys, magnesium alloys, metal-based composite materials, and ceramic and metallic coatings are among the most commonly used metals. Cast iron goods are used to make engine parts, suspension, brakes, crankshafts, steering, gears, and bushings, among other automotive components.

Segment Overview

The type, application, and regional segments have been used to divide the global market for Foundry Coke. The global market has been divided into Ash Content < 8%, 8% < Ash Content < 10%, 10% < Ash Content based on the type of Foundry Coke. By Application segment the market is segmented into Automotive Parts Casting, Machinery Casting, Insulation, and Others.

Regional Analysis

The Foundry Coke market has been concentrated across Asia-Pacific, North America, Europe, the Center East and Africa, and South America. In Europe, the market has been separated into Germany, the United Kingdom, Russia, France, Spain, Italy, and the rest of Europe. In North America, it has been further divided into the United States and Canada. By 2021, North American markets were second in size only to those in Europe. Automobiles, chemicals, among others, have contributed to the expansion of the European market. Growth drivers for their respective regional markets are projected to be the United Kingdom and Germany during the assessment period. Because of the prevalence of small economies, Middle East and Africa’s growth has slowed over the evaluation period.

Major Players

ABC Coke (Drummond) (US), CARBO-KOKS Spółka z o.o. (Poland), Industrial Química del Nalón SA (NalonChem) (Spain), Italiana Coke s.r.l. (Italy), Nippon Coke & Engineering. Co., Ltd (Japan), Wałbrzyskie Zakłady Koksownicze Victoria SA (Poland), GR RESOURCE LTD (China), Hickman, Williams & Company (US), OKK Koksovny, a.s. (UK), and Shanxi Antai Group Co., Ltd (China) are among the leading companies operating in the global Foundry Coke Market.

COVID 19 Impacts

In the foundry coke market, coal is the major raw material. During the COVID-19 crisis, foundry coke distributors are struggling and might find inspiration in the previous recession. The current scenario, however, is very different-and the stakes are much higher. Business owners and distributors have all been impacted by the COVID-19 pandemic. During the Coronavirus crisis, Indonesian coal exports reached their lowest level ever. Furthermore, during the coronavirus crisis, Indonesian coal exports fell to their lowest. Many distribution executives are stuck in a bind. The status quo could put workers in danger or give ground to suppliers who use digital technologies to directly serve customers. Nevertheless, it remains unclear how to improve most effectively. It has been more than six months since the outbreak began, and companies are still struggling to deliver value while protecting people’s safety and livelihoods.

TABLE OF CONTENT

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1 EXECUTIVE SUMMARY 14

1.1 MARKET ATTRACTIVENESS ANALYSIS 17

1.1.1 GLOBAL FOUNDRY COKE MARKET, BY TYPE 18

1.1.2 GLOBAL FOUNDRY COKE MARKET, BY APPLICATION 19

1.1.3 GLOBAL FOUNDRY COKE MARKET, BY REGION 20

2 MARKET INTRODUCTION 21

2.1 DEFINITION 21

2.2 SCOPE OF THE STUDY 21

2.3 MARKET STRUCTURE 22

3 RESEARCH METHODOLOGY 23

3.1 RESEARCH PROCESS 23

3.2 PRIMARY RESEARCH 24

3.3 SECONDARY RESEARCH 25

3.4 MARKET SIZE ESTIMATION 26

3.5 TOP-DOWN AND BOTTOM-UP APPROACH 26

3.6 FORECAST MODEL 27

3.7 LIST OF ASSUMPTIONS & LIMITATIONS 28

4 MARKET DYNAMICS 29

4.1 INTRODUCTION 29

4.2 DRIVERS 30

4.2.1 USE OF FOUNDRY COKE IN CUPOLA FURNACE 30

4.2.2 HIGH DEMAND FOR CAST IRON IN THE AUTOMOTIVE INDUSTRY 30

4.2.3 DRIVERS IMPACT ANALYSIS 32

4.3 RESTRAINTS 32

4.3.1 AVAILABILITY OF SUBSTITUTES 32

4.3.2 RESTRAINTS IMPACT ANALYSIS 33

4.4 OPPORTUNITIES 33

4.4.1 GROWING DEMAND FOR INSULATION MATERIALS ACROSS THE GLOBE 33

4.5 CHALLENGES 34

4.5.1 ADVERSE EFFECTS ASSOCIATED WITH FOUNDRY COKE PRODUCTION ON THE ENVIRONMENT

AND THE STRINGENT REGULATORY STANDARDS 34

5 MARKET FACTOR ANALYSIS 35

5.1 SUPPLY CHAIN ANALYSIS 35

5.1.1 RAW MATERIALS SUPPLIERS 35

5.1.2 FOUNDRY COKE MANUFACTURERS 36

5.1.3 DISTRIBUTION CHANNELS 36

5.1.4 END USERS 36

5.2 PORTER’S FIVE FORCES MODEL 37

5.2.1 THREAT OF NEW ENTRANTS 37

5.2.2 BARGAINING POWER OF SUPPLIERS 38

5.2.3 THREAT OF SUBSTITUTES 38

5.2.4 BARGAINING POWER OF BUYERS 38

5.2.5 INTENSITY OF RIVALRY 38

5.3 PRICING OVERVIEW, BY REGION (USD/TON) 39

5.4 IMPACT OF COVID-19 OUTBREAK ON THE GLOBAL FOUNDRY COKE MARKET 39

5.4.1 IMPACT ON SALES & DISTRIBUTION 39

5.4.2 MAJOR GOVERNMENTAL POLICIES TO COUNTER IMPACT OF COVID-19 40

5.4.3 IMPACT ON END-USE INDUSTRY 41

6 GLOBAL FOUNDRY COKE MARKET, BY TYPE 42

6.1 INTRODUCTION 42

6.1.1 GLOBAL FOUNDRY COKE MARKET ESTIMATES & FORECAST BY TYPE,2019 TO 2030 43

6.2 ASH CONTENT <8% 44

6.2.1 ASH CONTENT <8%: GLOBAL FOUNDRY COKE MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 44

6.3 8% < ASH CONTENT <10% 45 6.3.1 8% < ASH CONTENT <10%: GLOBAL FOUNDRY COKE MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 45 6.4 10% < ASH CONTENT 46 6.4.1 10%< ASH CONTENT: GLOBAL FOUNDRY COKE MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 46 7 GLOBAL FOUNDRY COKE MARKET, BY APPLICATION 47 7.1 INTRODUCTION 47 7.1.1 GLOBAL FOUNDRY COKE MARKET ESTIMATES & FORECAST BY APPLICATION,2019 TO 2030 47 7.2 AUTOMOTIVE PARTS CASTING 50 7.2.1 AUTOMOTIVE PARTS CASTING: GLOBAL FOUNDRY COKE MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 50 7.3 MACHINERY CASTING 51 7.3.1 MACHINERY CASTING: GLOBAL FOUNDRY COKE MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 51 7.4 INSULATION 52 7.4.1 INSULATION: GLOBAL FOUNDRY COKE MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 52 7.5 OTHERS 53 7.5.1 OTHERS: GLOBAL FOUNDRY COKE MARKET ESTIMATES & FORECAST BY REGION,2019 TO 2030 53 8 GLOBAL FOUNDRY COKE MARKET, BY REGION 54 8.1 INTRODUCTION 54 8.2 NORTH AMERICA 57 8.2.1 US 60 8.2.2 CANADA 62 8.3 EUROPE 64 8.3.1 GERMANY 68 8.3.2 RUSSIA 70 8.3.3 UK 72 8.3.4 FRANCE 74 8.3.5 ITALY 76 8.3.6 SPAIN 78 8.3.7 REST OF EUROPE 80 8.4 ASIA-PACIFIC 82 8.4.1 CHINA 86 8.4.2 INDIA 88 8.4.3 JAPAN 90 8.4.4 AUSTRALIA & NEW ZEALAND 92 8.4.5 SOUTH KOREA 94 8.4.6 REST OF ASIA-PACIFIC 96 8.5 LATIN AMERICA 98 8.5.1 BRAZIL 102 8.5.2 MEXICO 104 8.5.3 ARGENTINA 106 8.5.4 REST OF LATIN AMERICA 108 8.6 MIDDLE EAST & AFRICA 110 8.6.1 GCC COUNTRIES 114 8.6.2 SOUTH AFRICA 116 8.6.3 REST OF THE MIDDLE EAST & AFRICA 118 9 COMPETITIVE LANDSCAPE 120 9.1 INTRODUCTION 120 9.2 MARKET STRATEGY ANALYSIS 120 9.3 COMPETITIVE BENCHMARKING 121 10 COMPANY PROFILES 122 10.1 DRUMMOND COMPANY, INC. 122 10.1.1 COMPANY OVERVIEW 122 10.1.2 FINANCIAL OVERVIEW 123 10.1.3 PRODUCTS OFFERED 123 10.1.4 KEY DEVELOPMENTS 124 10.1.5 SWOT ANALYSIS 124 10.1.6 KEY STRATEGIES 124 10.2 NIPPON COKE & ENGINEERING. CO., LTD 125 10.2.1 COMPANY OVERVIEW 125 10.2.2 FINANCIAL OVERVIEW 126 10.2.3 PRODUCTS OFFERED 126 10.2.4 KEY DEVELOPMENTS 127 10.2.5 SWOT ANALYSIS 127 10.2.6 KEY STRATEGIES 127 10.3 OKK KOKSOVNY, A.S. 128 10.3.1 COMPANY OVERVIEW 128 10.3.2 FINANCIAL OVERVIEW 128 10.3.3 PRODUCTS OFFERED 128 10.3.4 KEY DEVELOPMENTS 128 10.3.5 SWOT ANALYSIS 129 10.3.6 KEY STRATEGIES 129 10.4 WAŁBRZYSKIE ZAKŁADY KOKSOWNICZE “VICTORIA” SA 130 10.4.1 COMPANY OVERVIEW 130 10.4.2 FINANCIAL OVERVIEW 130 10.4.3 PRODUCTS OFFERED 130 10.4.4 KEY DEVELOPMENT 130 10.4.5 SWOT ANALYSIS 131 10.4.6 KEY STRATEGIES 131 10.5 CARBO-KOKS SPÓŁKA Z O.O 132 10.5.1 COMPANY OVERVIEW 132 10.5.2 FINANCIAL OVERVIEW 132 10.5.3 PRODUCTS OFFERED 132 10.5.4 KEY DEVELOPMENTS 132 10.5.5 SWOT ANALYSIS 133 10.5.6 KEY STRATEGIES 133 10.6 INDUSTRIAL QUÍMICA DEL NALÓN SA (NALONCHEM) 134 10.6.1 COMPANY OVERVIEW 134 10.6.2 FINANCIAL OVERVIEW 134 10.6.3 PRODUCTS OFFERED 134 10.6.4 KEY DEVELOPMENTS 134 10.6.5 SWOT ANALYSIS 135 10.6.6 KEY STRATEGIES 135 10.7 ITALIANA COKE S.R.L. 136 10.7.1 COMPANY OVERVIEW 136 10.7.2 FINANCIAL OVERVIEW 136 10.7.3 PRODUCTS OFFERED 136 10.7.4 KEY DEVELOPMENTS 136 10.7.5 SWOT ANALYSIS 137 10.7.6 KEY STRATEGIES 137 10.8 GR RESOURCE LTD 138 10.8.1 COMPANY OVERVIEW 138 10.8.2 FINANCIAL OVERVIEW 138 10.8.3 PRODUCTS OFFERED 138 10.8.4 KEY DEVELOPMENTS 138 10.8.5 SWOT ANALYSIS 139 10.8.6 KEY STRATEGIES 139 10.9 SHANXI ANTAI GROUP CO., LTD 140 10.9.1 COMPANY OVERVIEW 140 10.9.2 FINANCIAL OVERVIEW 140 10.9.3 PRODUCTS OFFERED 141 10.9.4 KEY DEVELOPMENTS 141 10.9.5 SWOT ANALYSIS 141 10.9.6 KEY STRATEGIES 141 10.10 HICKMAN, WILLIAMS & COMPANY 142 10.10.1 COMPANY OVERVIEW 142 10.10.2 FINANCIAL OVERVIEW 142 10.10.3 PRODUCTS OFFERED 142 10.10.4 KEY DEVELOPMENTS 142 10.10.5 SWOT ANALYSIS 143 10.10.6 KEY STRATEGIES 143 11 APPENDIX 144 11.1 REFERENCES 144 11.2 RELATED REPORTS 145

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