This timeline depicts the market share of The Coca-Cola Company in the United States from 2013 to 2024. In 2024, Coca-Cola's U.S. market share amounted to **** percent. Other soft drink industry market shares may be found here. The Coca-Cola CompanyThe Coca-Cola Company is a producer, retailer and marketer of non-alcoholic beverages and is well-known for its soft drink, Coca-Cola. The company was founded in 1892 and comprises the corporate division, which is headquartered in Atlanta, GA, and about 300 bottling partners worldwide.The product portfolio of Coca-Cola includes non-alcoholic beverages such as soft drinks, bottled water, sports drinks and energy drinks. The company’s most famous soft drink is undoubtedly the soft drink Coca-Cola. Brand rankings list the brand, for good reasons, as one of the most valuable and recognizable brands worldwide. The history of Coca-Cola began in 1886 when Atlanta pharmacist Dr. John S. Pemberton created a flavored syrup with a distinctive taste which could be sold at soda fountains by mixing the two components together. The secret formula, which originated in the United States, is still used today for producing Coca-Cola around the world.

The global metallurgical coke market size was valued at over USD 358.41 billion in 2024 and is expected to expand at a CAGR of more than 6.4%, surpassing USD 802.83 billion revenue by 2037. Iron and Steel Making segment is poised to secure 40% share by 2037, driven by increasing production of steel, with a significant rise in steel consumption expected.

The report covers Metallurgical Coke Manufacturers and is segmented by Grade (Low Ash and High Ash), Application (Iron and Steel Making, Sugar Processing, Glass Manufacturing, and Others Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecasts in terms of volume (kilotons) for all the above segments.

This timeline shows the market share of the Coke Classic brand in the United States from 2013 to 2024. In 2024, Coke Classic brand's U.S. market share amounted to **** percent. The Coke Classic brand is one of the leading four brands of the Coca-Cola Company.

Gain in-depth insights into Pet Coke Market Report from Market Research Intellect, valued at USD 3.5 billion in 2024, and projected to grow to USD 5.2 billion by 2033 with a CAGR of 5.5% from 2026 to 2033.

The Global Petroleum Coke Market (Pet Coke) stood at USD 26.54 billion in 2022 & expected to project growth in the forecast period with a CAGR of 5.26% by 2028.

The size of the Coke market was valued at USD XX Million in 2024 and is projected to reach USD XXX Million by 2033, with an expected CAGR of 2% during the forecast period.Coke is a solid carbonaceous residue derived from destructive distillation of low-ash, low-sulfur bituminous coal. This process involves heating coal in the absence of air, driving off volatile matter such as water, tar, and gases. The remaining material is coke, primarily composed of carbon.Coke is a crucial industrial material with widespread applications.Its primary use is as metallurgical fuel for the production of iron in blast furnaces. Coke contains a high percentage of carbon and withstanding a high temperature, it proves to be an excellent reducing agent for iron ores. Moreover, it is utilized in the industries, such as the production of steel, calcium carbide, and electrodes for electric arc furnaces. Its uses can also be seen in the chemical industry as carbon producer for any chemical reaction.

The global pitch coke market size reached nearly 7900.20 KMT in 2024. The market is projected to grow at a CAGR of 1.70% between 2025 and 2034 to attain a volume of approximately 9350.78 KMT by 2034.

Global Sponge Coke market size 2025 was XX Million. Sponge Coke Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The global petroleum coke market size was worth more than USD 23.4 billion in 2024 and is poised to witness a CAGR of over 6.1%, crossing USD 50.53 billion revenue by 2037. Fuel Grade segment is expected to achieve 63.4% share by 2037, fueled by its extensive use in power generation and industrial processes.

Snapshot img

The Coke Market is poised to grow by USD 23.12 billion during 2022-2026, accelerating at a CAGR of 2% during the forecast period

Technavio market report provides a holistic analysis, market size and forecast, trends, growth drivers, challenges, and vendor analysis covering around 15 vendors. Furthermore, this report extensively covers the market segmentation by end-user (iron and steel industry and others) and geography (APAC, EMEA, and the Americas). The market report also offers information on several market vendors, including ArcelorMittal SA, China Shenhua Energy Co. Ltd., Drummond Co. Inc., JSW Steel Ltd., Mechel PAO, Mitsubishi Chemical Holdings Corp., OKK Koksovny AS, Shanxi Lubao Coking Group Co. Ltd., SunCoke Energy Inc., and United States Steel Corp. among others.

What will the Coke Market Size be During the Forecast Period?

Download the Report Sample to Unlock the Coke Market Size for the Forecast Period and Other Important Statistics

Parent Market Analysis

Our Technavio Research categorizes the report belonging to Energy Industry for the market. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions.

Coke Market: Key Drivers, Trends, and Challenges

Technavio Research categorizes the global Coke Market belonging to the Coal & Consumable Fuels Industry. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the forecast year.

The market is extremely competitive with all sizes of businesses, including large, medium, and small-sized companies vying to monopolize the market. The tremendous development in various fields such as product innovations and new product launches by manufacturers operating in the market will drive the growth further.

Who are the Major Coke Market Vendors?

The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading market vendors such as

ArcelorMittal SA
China Shenhua Energy Co. Ltd.
Drummond Co. Inc.
JSW Steel Ltd.
Mechel PAO
Mitsubishi Chemical Holdings Corp.
OKK Koksovny AS
Shanxi Lubao Coking Group Co. Ltd.
SunCoke Energy Inc.
United States Steel Corp.

Coke Market Value Chain Analysis

In this report, we provide extensive information on the value chain analysis for the market. Our data covers all key stages of a market flow and provides a complete understanding of all aspects of the market logistics value chain. This includes an end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies.

Which are the Key Regions of the Coke Market?

77% of the market’s growth will originate from APAC during the forecast period. China is the key market for coke in APAC. Market growth in this region will be faster than the growth of the market in other regions.

What are the Revenue-generating End-user Segments in the Coke Market?

To gain further insights on the market contribution of various segments Request a PDF Sample

The market share growth by the iron and steel industry segment will be significant during the forecast period.

The report provides a near-term to long-term perspective on the trends and forecasts horizon for the market. It offers an overview of the key market drivers and restraints, enabling precise identification of key opportunities in each region over the coming years.

    Coke Market Scope




    Report Coverage


    Details




    Page number


    120




    Base year


    2019




    Forecast period


    2020-2024




    Growth momentum & CAGR


    Accelerate at a CAGR of 2%




    Market growth 2020-2024


    $ 23.12 billion




    Market structure


    Fragmented




    YoY growth (%)


    1.91




    Regional analysis


    APAC, EMEA, and the Americas




    Performing market contribution


    APAC at 77%




    Key consumer countries


    China




    Competitive landscape


    Leading companies, Competitive Strategies, Consumer engagement scope




    Key companies profiled


    ArcelorMittal SA, China Shenhua Energy Co. Ltd., Drummond Co. Inc., JSW Steel Ltd., Me

According to Cognitive Market Research, the global Foundry Coke market size is USD 3361.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.50% from 2024 to 2031. North America held the major market share for more than 40% of the global revenue with a market size of USD 1344.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031. Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1008.45 million. Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 773.15 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031. Latin America had a market share of more than 5% of the global revenue with a market size of USD 168.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031. Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 67.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. The Automotive Parts Casting held the highest Foundry Coke market revenue share in 2024. Market Dynamics of Foundry Coke Market Key Drivers for Foundry Coke Market Increasing demand for steel production to propel market growth Infrastructure developments such as bridge building, roads, trains, and urban growth increase global steel demand considerably. Foundry coke is a crucial component of the blast furnace process, which produces steel from iron ore. As governments and corporate sectors spend extensively on infrastructure, the need for steel and, hence, foundry coke increases. The automobile sector is a large user of steel, which is needed to make vehicle bodywork, engines, and other parts. Foundry coke is used in the manufacturing of high-quality steel for the automobile industry, helping to obtain the needed strength and durability in steel products. The expansion of the automobile sector, particularly the manufacture of electric vehicles (EVs), increases demand for foundry coke. Steel is required in huge amounts for structures, residential complexes, commercial spaces, and industrial facilities. The continuous urbanization and development of smart cities fuel the need for steel. Foundry coke is essential in the manufacturing of construction-grade steel, which fuels the industry's expansion. Rising demand for the automotive industry to propel market growth The automobile industry is always attempting to make cars lighter and stronger in order to increase fuel efficiency and performance. This has resulted in a rise in the usage of advanced high-strength steel (AHSS) and other cast iron components, both of which require high-quality foundry coke for manufacture. The drive towards lightweight automobiles increases demand for foundry coke. The transition to electric vehicles is reshaping the auto industry. EVs require specialized components such as electric motors, battery housings, and lightweight frames, which are frequently cast using foundry coke. The fast expansion of the EV sector is a major driver of the foundry coke market. Restraint Factor for the Foundry Coke Market Shifting technologies and regulations hinder the growth of the foundry coke market The foundry coke market may face challenges as modern technologies, such as the transition from cupola furnaces to electrical induction furnaces, are used to minimize emissions and improve energy efficiency. Furthermore, the availability of alternative materials for foundry coke, such as aluminum goods that replace iron products, may limit market expansion. The substitutes have the potential to improve the market, but they may also reduce demand for traditional foundry coke. Furthermore, as worries about pollution and health risks develop, some consumers and industry may seek more environmentally friendly and safer alternatives, thereby reducing demand for foundry coke. Impact of Covid-19 on the Foundry Coke Market The COVID-19 pandemic has had various effects on the Foundry Coke marketplace. The COVID-19 epidemic caused substantial disruptions to worldwide supply systems. Transportation restrictions, port closures, and lockdowns caused delays in raw material deliveries, including coking coal and finished foundry coke products. These delays impacted foundry coke makers' production schedules and resulted in delayed supplies t...

The global petroleum coke market size reached a value of around USD 25.00 Billion in 2024. The market is assessed to grow at a CAGR of 7.00% in the forecast period of 2025-2034 to reach a value of nearly USD 49.18 Billion by 2034.

Global Metallurgical Coke market size 2025 is $232.2 Billion whereas according out published study it will reach to $315.345 Billion by 2033. Metallurgical Coke market will be growing at a CAGR of 3.9% during 2025 to 2033.

Global Coke market size 2025 was XX Million. Coke Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Calcined Petroleum Coke Market size is expected to be worth around USD 49 billion by 2033, from USD 28 billion in 2023, at a CAGR of 5.7%

In 2024, Coca-Cola was ranked as the ******* carbonated soft drink (CSD) company in the United States, with a volume share of **** percent. Ranked ******, PepsiCo garnered a volume share of **** percent that year. The carbonated soft drink industry Carbonated soft drinks are processed flavored beverages packaged in bottles and cans. Unlike alcoholic beverages, carbonated soft drinks have no age limit and are widely available to consumers in hypermarkets, supermarkets, convenience stores and other retail outlets. In order to appeal to the health conscious, soft drink brands have launched diet or no-sugar versions of their products. In 2018, nearly ** percent of American consumers aged between 30 and 49 years had had Coca-Cola Zero within the previous month. Some of the biggest companies in the world produce carbonated soft drinks: among them are Keurig Dr Pepper and PepsiCo, who had a global net revenue of **** and **** billion U.S. dollars, respectively. Carbonated soft drinks are segmented into various flavors such as lemon, cola, orange, and grape.

The Needle Coke Market Report is Segmented by Product Type (Petroleum Based and Coal-Tar Pitch Based), Application (Graphite Electrodes, Lithium-Ion Batteries, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). The Report Offers Market Size and Forecast for Needle Coke in Volume (Tons) for all the Above Segments.

Stay updated with Market Research Intellect's Petroleum Based Needle Coke Market Report, valued at USD 3.5 billion in 2024, projected to reach USD 5.2 billion by 2033 with a CAGR of 5.0% (2026-2033).

The Foundry Coke Market size was valued at USD 2.51 USD Billion in 2023 and is projected to reach USD 2.82 USD Billion by 2032, exhibiting a CAGR of 1.7 % during the forecast period. Heavier and larger, but strictly of good quality, foundry coke is mainly used in the metallurgical industry, especially in foundries to melt the metal. It is made from choice coking coals by a high-temperature pyrolytic process in coke ovens. Foundry coke has to high carbon content with low ash and sulfur and mechanical strength is provided that makes its use in cupolas and blast furnaces possible. Foundry Coke also comes in three categories; hard coke, medium Coke, and soft Coke differentiated by strength and size of Coke. Its uses are mainly for fuel and reduction purposes in the extraction of metals from the ores, as a source of uniform and continuous heat, and as the support in blast furnaces for metal production. Key drivers for this market are: Growth in the Global Construction Industry to Offer Opportunities to the Self-Healing Materials Market . Potential restraints include: Higher Cost of Bioplastics as Compared to Traditional Plastics to Hinder Market Growth .