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Calciner Market Report Overview
The global Calciner Market size was valued at approximately USD 21.49 billion in 2024 and is expected to reach USD 34.5 billion by 2032, growing at a CAGR of about 6.1%. during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the Calciner market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Calcinating is the thermal breakdown of calcium-based compounds like limestone (calcium carbonate). Even today, a lime kiln is the most typical "calciner," where limestone is fired to drive out carbon dioxide to generate calcium oxide, or "lime," as it is also known. The use of heat to affect chemical change is implied by the term "calcination," which through time has taken on a more comprehensive meaning. Calciners include fluidized bed reactors, shaft furnaces, rotary kilns, and limekilns. Calciners are also used to treat bauxite, gypsum, and petroleum coke in addition to making lime and cement. A hot, dust-filled gas stream must always be cleaned before being released, often by going up a tall chimney. Since they could function at high temperatures in the past, electrostatic precipitate was a favoured option, but as emission limits have become more stringent, bag filters are now the most popular alternative.
The increased use of petcoke as a cheap fuel in the cement and energy industries, the rise in production of aluminium and steel, and cutting-edge technologies that support the boom in crude oil output are some of the drivers driving the worldwide petroleum coke market. Throughout the forecast period, the worldwide petroleum coke market is expected to be driven by rising demand from a number of end-use sectors, including cement, railroads, vehicles, the transportation sector, and the power generating industries.
COVID-19 Impact: COVID-19 Causes Disruption In Supply Chain Hence Hindered Market Growth
The lockdown procedures used to halt the spread of COVID-19 caused disruption in the worldwide industrial sector. Labor shortages and a lack of raw materials were issues for the sector. Petroleum coke output was hindered. A supply-demand imbalance caused by the decreased production slowed the market's rate of expansion.
However, it is predicted that the deficit would be resolved during the post-lockdown phase when full-capacity production is likely to restart. Early on in the pandemic, there was a considerable decline in demand from application sectors including the steel and aluminium industries, among others. This need is anticipated to increase after the outbreak. The new study offers observations, analyses, projections, and predictions taking into account the effect of COVID-19 on the US needle coke market.
Latest Trends
"Increasing Steel Manufacturing Industry Demand Leading Market Expansion"
The market for calcined anthracite material, which is extensively used in furnaces for creating steel, is anticipated to develop at the quickest rate over the forecast period. Anthracite, often known as black coal or hard coal, has a carbon concentration of over 92%, extremely few impurities, and the greatest energy density of all known coal kinds. In a gas or electric furnace, anthracite is calcined at a temperature of more than 1200°C to less than 2% volatile, moisture, and sulphur content. Calcined anthracite is a suitable physical match for graphite because of its great grain stability. Making electrodes, electrode paste, ramming paste, carburizing, etc. uses calcined anthracite. Moreover, it is employed in the creation of hearths in steel-making furnaces such basic oxygen, blast, and electrical arc furnaces as well as furnaces utilised in foundries. Over the projected period, the market for calcined anthracite is anticipated to be driven by the rising demand for steel from a variety of building and infrastructure activities in emerging nations.
Calciner Market Segmentation
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By Type Analysis
According to type, the market can be segmented into Directly Heated Calciners, Indirectly Heated Calciners. Directly Heated Calciners is anticipated to be the leading segment.
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By Application Analysis
Based on application, the market can be divided into Petroleum, Chemical Industry, Power Plant, Others. Petroleum will be the dominating segment.
Driving Factors
"An Increase In Steel Production Will Help The Market Thrive"
Because of the rise in steel production, it is projected that the market for petroleum coke would expand. The growing demand for vehicles, railroad infrastructure, and highway buildings has led to a rise in steel output. The iron and steel industries use petcoke with coking coal as a feedstock for the manufacturing of coke. Use of pet coke leads in a 16% drop in coking coal use and a net reduction in energy intensity of slightly over 1%. For instance, according to IBEF, a government body for the promotion of exports from India, the output of finished steel and raw steel in December 2021 was 94.66 million tonnes (MT) and 102.49 million tonnes (MT), respectively. Also, it is predicted that crude steel output would increase by 8 to 9% YoY to 112 to 114 million tonnes in the fiscal year 2022. As a result, the growth in steel production brought on by improvements in the railway, automobile, highway, and transportation sectors is what is driving the demand for petroleum coke.
"Petroleum Coke Business Is Anticipated To Be Driven By Rising Energy Consumption."
As the world's energy demand rises, the market for petroleum coke is expanding. Petroleum coke is a common energy source in power plants and other sectors, including cement, steel, and others, due to its high calorific value. By expanding the market for cement and steel, the expanding infrastructure activities and urban expansion patterns are projected to support industrial growth. The worldwide market's expansion is also being fueled by the quick advancements in technology and the rising capacity for oil production. Another important factor in the expansion of the petroleum coke market is the rising use of petroleum coke as a fuel in the cement and energy sectors.
Restraining Factors
"Health And Environmental Consequences Hinder The Market Growth And Expansion"
The negative impact on respiratory function will cause the worldwide petroleum coke market to slow down. Health and environmental consequences of petcoke are projected to act as a restraining factor impacting the global petroleum coke market over the forecast period. Following burning of the petroleum coal produces tiny amounts of toxic gases like sulphur which might create injury to the operating person.
Calciner Market Regional Insights
"Asia-Pacific Will Dominate The Market"
Due to a rise in demand from nations like China and India, the Asia-Pacific region is anticipated to lead the calcined anthracite market during the forecast period. To combat growing pollution levels, India prohibited the import of pet coke (petroleum coke) as fuel in 2018. As a cost-effective alternative to pet coke, this action is anticipated to boost the market for calcined anthracite throughout the forecast period. Due to the expansion of the metal industry and increased investment in oil and gas refineries, the market for petroleum coke in North America holds the second-largest proportion of the global market. The Mid-West and Gulf Coast area, where delayed coker units are increasingly being installed, account for the majority of the North American market. The market for petroleum coke in the US had the biggest market share, while the market for petroleum coke in Canada had the quickest rate of expansion in the region of Europe.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
LIST OF TOP CALCINER COMPANIES
- FEECO International (U.S.)
- Schenck Process (Germany)
- Elan Technology (U.S.)
- Sackett Waconia (Baltimore)
- Thyssenkrupp Industrial Solutions (India)
- Alloy Engineering Company (U.S.)
- FCT Combustion (U.S.)
- Refratechnik (Germany)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 21.49 Billion in 2024 |
Market Size Value By |
US$ 34.5 Billion by 2032 |
Growth Rate |
CAGR of 6.1% from 2024 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
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By Application
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Frequently Asked Questions
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What value is the Calciner market expected to touch by 2032?
The Calciner market is expected to touch approximately USD 34.5 billion by 2032.
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What is the leading region in the Calciner market?
Asia-Pacific is the leading region in the Calciner market.
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What are the key players in the Calciner market?
FEECO International, Schenck Process, Elan Technology, Sackett Waconia, Thyssenkrupp Industrial Solutions, Alloy Engineering Company, FCT Combustion, Refratechnik are the key players in the Calciner market.
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What are the key factors driving the Calciner market?
Because of the rise in steel production, it is projected that the market for Calciner would expand.