The global calcined petroleum market is classified into anode grade, needle-grade on the basis of type. Among these needle coke accounted for the highest share of the calcined petroleum coke market. Needle Petroleum Coke, often known as needle petcoke, is a calcined product of high quality. It comprises needle-like crystals and, because to its own electrical conductivity but instead physical qualities, is employed in the manufacture of electrodes for the steel industry. Needle coke is being used in the steel production and in the creation of graphite electrodes for use in electrical arc and inductive furnaces. Steel and aluminium demand will be stimulated by rising building, vehicle, and transportation industry demand. Furthermore, growing commercialization and industrialisation, especially in developing nations, will boost growth prospects in the future years.