Pet Coke Market, Report Study, Demand, Key Players, and Forecast by 2030
Market Analysis The global Pet Coke Market is expecting a prodigious growth at a healthy CAGR over the assessment period (2022-2030). Petroleum coke which is also known as pet coke is a safe and economical alternative fuel which is produced in various grades based upon a couple of factors namely the cooking time, the material’s efficiency and also the time used for cooking. A key reason why pet coke has created a niche in the fuel industry is because it has cut down the dependency of coal and oil for power generation. It is the fuel-grade pet coke that is used increasingly as a substitute to coal. It has immensely high heating value that enables its application in different material processing industries. Fuel-grade pet coke when burned produces minimal or no ash which is a highly favorable fuel characteristic in case of a couple of industries chiefly power generation plants and cement manufacturing kilns. Pet coke is available in different varieties namely shot coke, catalyst coke