In 2023, coke consumption in the manufacture of non-metallic mineral products in China stood at 1.66 Ten Million Metric Tons. Forecasts from 2024 to 2028 predict a consistent annual growth in consumption, reaching 1.99 Ten Million Metric Tons by 2028.
Year-on-year percentage increases show a steady growth trend, highlighting a resilient demand despite potential economic fluctuations. The compound annual growth rate (CAGR) over these five years is indicative of moderate but consistent growth, reflecting the ongoing expansion in China's infrastructure and construction sectors.
Future trends to watch for include technological advancements that could reduce coke usage per production unit, potentially impacting overall demand. Additionally, environmental regulations may influence shifts toward alternative materials and processes.
