The coking industry is in a period of industrial structure optimization and adjustment, and the industry has broad prospects for future development.

Coking refers to the process of carbonization and enlarging of organic matter, specifically the process of high-temperature carbonization of coal while recovering chemical products. The main chemical products produced include coke, crude benzene, coal tar, coke oven gas, etc. Among them, coke is the main chemical output in the domestic coking market. According to different process divisions, coking technology can be divided into delayed coking, kettle coking, open-hearth coking, fluidized coking and flexible coking.

Coking products can be used in chemical industry, medicine, national defense, construction, refractory materials and other fields, and have a wide range of uses. my country’s coking industry system is relatively complete. After development in recent years, my country has become a major producer, consumer, and exporter of coking products in the world. The output, scale, and technology of coking products are all at the leading international level.

In recent years, with the continuous development of domestic coking product application fields, continuous advancement of related technologies, and continued favorable policies, the coking industry has developed rapidly. Judging from the output of coking products, according to the “Coking Industry In-depth Market Research and Investment Strategy Suggestions Report 2022-2026” released by the Industrial Research Center It shows that domestic coal tar production in 2021 will be approximately 26.587 million tons, a year-on-year increase of 1.9%; domestic crude benzene production in 2021 will be 4.581 million tons, a year-on-year decrease of 2.1%; according to data from the National Bureau of Statistics, my country’s coke production in 2021 will be 464 million tons, a year-on-year decrease of 1.5%.

At present, the development of my country’s coking products industry is affected by factors such as increasingly strict environmental protection regulatory policies, rising raw material and fuel prices, increasing pressure on dual carbon, and low operating rates of downstream steel companies. Its output has declined slightly. However, overall, my country’s coking products industry has experienced a slight decline in output. The output of coking products is relatively stable.

Judging from the coke consumption of mainstream coking products, nearly 88% of domestic coke products are currently used in the steel field. In 2021, affected by factors such as the epidemic, high temperature weather, and energy structure adjustments, the operating rate of domestic steel companies is low, which in turn leads to a decline in coke consumption. According to data from the National Bureau of Statistics, China’s apparent coke consumption in 2021 is 459 million tons, a year-on-year decrease of 2.4%.

The coking industry is an important part of the coal chemical industry and is a highly polluting industry. It emits large amounts of waste water, waste gas, benzene and other harmful pollutants during the production process, causing serious environmental pollution. In recent years, with the continuous advancement of domestic dual-carbon goals and the continuous strengthening of environmental protection policies, the coking industry has entered a period of industrial structure optimization and adjustment.

Industry Analysis personnel said that in order to promote the transformation and upgrading of the domestic coking industry towards high-end, green and modernization, the pace of transformation and upgrading of the coking industry in the future will be accelerated. The industry still needs to continuously eliminate backward production capacity and improve production technology. The future development prospects of the industry are broad. Overall, against the background of the continuous advancement of the dual-carbon goals, the domestic coking industry has now transitioned from a period of rapid development to a period of industrial structure optimization and adjustment. The output and consumption of coking products have basically maintained stable operation, and the future development trend of the industry is good.