Foundry Coke Industry Research：the global Foundry Coke market size is projected to reach USD 3.58 billion by 2031

According to the new market research report “Foundry Coke- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”, published by QYResearch, the global Foundry Coke market size is projected to reach USD 3.58 billion by 2031, at a CAGR of 3.6% during the forecast period.

Foundry Coke is mainly used in blast furnace and used for copper, lead, zinc, titanium, antimony, mercury and other non-ferrous metal smelting blast furnace, reductant, play a thermite and stock column skeleton function. It is a source of heat and also helps maintain the required carbon content of the metal product. Foundry coke production requires lower temperatures and longer times than blast furnace coke. Foundry Coke has large block, low reactivity, low porosity, big shatter strength, low ash and sulfur content.

Figure. Global Foundry Coke Market Size (US$ Million), 2020-2031

Source: QYResearch, "Foundry Coke- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

Market Drivers:
1. With the continuous development of the global economy, especially the rapid rise of the manufacturing industry, the demand for foundry coke is also growing. Foundry coke is widely used in machinery manufacturing, automotive industry and other fields. The development of these industries will continue to drive the growth of foundry coke market demand in the future.
2. As the environmental situation becomes increasingly severe, the foundry coke industry needs to take active measures to reduce pollutant emissions and improve resource utilization efficiency. For example, by building a wastewater treatment system and promoting a circular economy, the reduction and resource utilization of wastewater, waste gas and waste residue have been achieved. These measures not only contribute to the sustainable development of the foundry coke industry, but also make positive contributions to the improvement of the local ecological environment.
Restraint:
1. Due to changes in the global economic situation and cyclical fluctuations in the manufacturing industry, the demand for foundry coke may be unstable.
2. With the implementation of environmental protection policies, governments around the world have increasingly tightened restrictions on industrial emissions. Waste gas emissions during the foundry coke production process need to be controlled, which poses significant challenges to the foundry coke industry.

Figure. Global Foundry Coke Top Ten Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Source: QYResearch, "Foundry Coke- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

This report profiles key players of Foundry Coke such as ABC Coke (Drummond), WZK Victoria, Shanxi Qinxin, Italiana Coke and OKK.
In 2024, the global top ten Foundry Coke players account for 61.70% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Foundry Coke.



About The Authors
Sun Xiaoke - Lead Author
Email: sunxiaoke@qyresearch.com
Sun Xiaoke is a Technology & Market Senior Analyst specializing in Mechanical Equipment at QYResearch. As a member of the Mechanical Equipment division at QYResearch, Sun Xiaoke focuses on construction machinery and industrial equipment. She develops technical and market reports and also works on custom projects.


About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting (data is widely cited in prospectuses, annual reports and presentations), industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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