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Calcined Anthracite Market Segment Analysis - By Type

Gas calcined anthracite held the largest share in the calcined anthracite market. Gas calcined anthracite (GCA) properties presented are almost identical to those offered by electrically calcined anthracite (ECA), which makes it ideal for applications of steel or cast iron. Gas calcined anthracite has a high content of carbon and a high density. For high-quality carbon, it is one of the best sources. Gas calcined anthracite is considered to increase yield and decrease total costs due to its high carbon content. In several applications, gas calcined anthracite is mainly used as a supplement for calcined petroleum coke and recarburizer. Thus, with the growing demand for gas calcined anthracite the market for calcined anthracite is estimated to rise in the forecast period.

Calcined Anthracite Market Segment Analysis - By Form 

Powder form held the largest share in the calcined anthracite market in 2020. Calcined anthracite powder is lightweight and is finely processed from high grade coal, due to which it is increasingly used in various applications. The production of electrode paste and ramming, cathode blocks, carbon electrodes is done with the use of calcined anthracite powder. Drinking water, waste water, swimming pool water, ground water, mineral water, and well water are deemed to be the appropriate filtering choices with the use of calcined anthracite powder. The increasing demand for calcined anthracite powder form for several applications is estimated to drive the market growth in the forecast period.

Calcined Anthracite Market Segment Analysis - By Application

Pulverized coal injection (blast furnace) held the largest share in the calcined anthracite market in 2020 and is forecast to rise at a CAGR of 6.5%. Pulverized Coal Injection (PCI) is a process that involves blowing large volumes of fine calcined anthracite granules into the blast furnace (BF). This offers a supplementary supply of carbon to speed up the production of metallic iron, thus reducing the need to manufacture coke. Since the oil crisis, heavy oil was superseded by pulverized coal. This made it possible to use cheap coal, such as calcined anthracite coal. Furthermore, the volume of coke used can be decreased if significant volumes of pulverized calcined anthracite coal are pumped. Therefore, in recent years, pulverized coal injection (PCI) systems are used in order to lower the production costs as well as extend the life cycle of coke ovens. Thus, the rising demand for calcined anthracite in the pulverized coal injection (blast furnace) application is expected to drive the market growth in the forecast period.

Calcined Anthracite Market Segment Analysis - By End-Use Industry

Iron and Steel sector held the largest share of more than 25% in the calcined anthracite market in 2020. Rising demand for calcined anthracite in the steel making process and in electric furnaces and pulverized coal injection applications has raised the growth of the market. In steel manufacturing, calcined anthracite application decreases the consumption of high-cost metallurgical coke, thus lowering the total cost of production. According to the Ministry of Steel, production of finished steel registered an increase of 3.7% in October 2020 over September 2020 and 1.0% over same month of the last year i.e., October 2019. Hence with the rising production of steel the market for calcined anthracite is estimated to see an upsurge over the forecast period.

Calcined Anthracite Market Segment Analysis - By Geography

The Asia Pacific region held the largest share of more than 38% in the calcined anthracite market in 2020. Globally, the demand for calcined anthracite is dominated by the Asia-Pacific region due to the rising iron and steel, aluminum, pulp and paper, power generation industries.  Asia Pacific constitutes a major share of the global calcined anthracite market, due to easy availability of raw materials such as coal at competitive prices in the region. Rapid growth of the iron and steel and aluminum industry in China, India, and South Korea is projected to propel the demand for calcined anthracite in the near future. According to the China Iron and Steel Association (CISA), in November 2020 it announced that in the first 10 months, crude steel demand saw a year-on-year rise of 5.5 percent to hit 874 million tones. Thus, the demand for the calcined anthracite market is therefore anticipated to increase in the forecast period because of the mentioned factors.

Source: https://www.industryarc.com/Research/Calcined-Anthracite-Market-Research-503461