The global petroleum coke market was valued at US$ 16,713.9 Mn in 2016 and is projected to reach US$ 36,236.2 Mn in 2026 at a CAGR of 8.1% from 2017 to 2026. The fuel grade coke segment in the global petroleum coke market is expected to account for the major revenue share of 75.0% in 2017, as it can be used as an alternative to steam coal in various power plants, and its high heat and low ash content makes it an ideal heat source for power generation.
