Coke Oven Batteries: Introduction
Coke oven batteries form an integral part of the coke oven plant. Coke oven batteries are used in a group of ovens, wherein coal is heated to extremely high temperatures in the absence of air.
Coke oven battery includes battery machines. Charging of coal into oven and discharging of coke from oven is carried out by charging machine car, pusher machine car, and hot coke car, which are collectively battery machines.
The latest technological developments are employed in coke oven batteries to assure long campaign life and high productivity. Coke oven batteries comply with the advanced standards in terms of pollution control.
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Key Drivers and Restraints of Coke Oven Batteries Market
Coke oven batteries have become an integral part of the iron & steel industry. Led by the increase in demand for iron and steel, there has been a considerable rise in coke oven capacities. This has resulted in an increase in output of coal chemicals.
Coke oven plants are integral part of steel plants. They help produce coke, which is used as fuel in blast furnaces. Coke oven plant produces important by-products such as coal chemical tar, ammonia, and crude benzoyl, which are fractionated to produce aromatics-benzene toluene and xylene.
Coke, which is used to fuel blast furnaces during the iron making process, is manufactured by baking coal at a high temperature in a series of ovens known as coke batteries
Coke oven batteries adversely impact the environment due to the large amount of emission of harmful gases. This is hampering the coke oven batteries market.
Companies are constantly improving and developing technological tools and solutions, thus proposing a series of innovative special design features, which largely contribute to emission-free and energy-saving coke plant operations
COVID-19 Impact Analysis
Governments of various countries have imposed restrictions on the movement of individuals and economic activities to limit the spread of the COVID-19 pandemic. As a result, steel production facilities had to halt their production. Disruption in operation of production facilities has hampered the demand for coke oven batteries. For instance, Steel Authority of India Ltd. has reduced production by 10%.
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Steel Application Segment Expected to Hold Prominent Share of Global Market
The global coke oven batteries market can be segmented based on type, application, and region
Based on type, the global coke oven batteries market can be divided into top charging and stamp charging. The stamp charging segment is anticipated to expand significantly during the forecast period, as stamp charging batteries offer substantial benefits for cost-effective coke production. The stamp charging type coke oven batteries distinguish themselves by a particularly strong battery structure, optimized combustion, and specifically developed features for environmental protection.
Coke oven batteries are extensively used in the steel industry. Steel is further used in applications in building & construction, transport, electronics, domestic appliances, and mechanical equipment.
More than 50% of the steel produced worldwide is used in the building & construction industry. Rise in population is leading to rapid urbanization. The need for buildings and infrastructure is expected to continue to increase in the near future. Steelmakers around the world are increasingly providing construction solutions that enable energy-efficient and low-carbon-neutral buildings, thus boosting the demand for coke oven batteries.
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Asia Pacific Expected to Constitute Major Share of Global Coke Oven Batteries Market
In terms of region, the global coke oven batteries market can be divided into Middle East & Africa, Latin America, Asia Pacific, Europe, and North America
The coke oven batteries market in Asia Pacific is expected to expand at a significant pace during the forecast period. Coke oven batteries are primarily employed in the steel industry. Rise in demand for steel in several end-user industries in developing countries is a key factor augmenting the coke oven batteries market in Asia Pacific. Steel demand in developing countries Asia is expected to rise by 4.7% and 2.0% in 2021 and 2022, respectively, making it the fastest growing region of the global steel industry.
Europe is likely to be a stable region of the global coke oven batteries market during the forecast period. This can be ascribed to rise investment in development of residential & commercial buildings in NORDIC countries
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