Global Coal-Tar Pitch Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Coal-Tar Pitch market size was valued at USD 4678.6 million in 2023 and is forecast to a readjusted size of USD 5953.6 million by 2030 with a CAGR of 3.5% during review period.
This report studies the Coal Tar Pitch market. Coal tar pitch is a complex chemical with 22 chemical and physical properties obtained through coal tar distillation, which involves the conversion of coal tar into a variety of intermediate chemical products. Coal-tar pitch is a thick black liquid that remains after the distillation of coal tar. It is used as a base for coatings and paint, in roofing and paving, and as a binder in asphalt products. Both coal tar and coal-tar pitch contain many chemical compounds, including carcinogens such as benzene.
Global Coal Tar Pitch key players include JFE, RuTGERS, Baoshun, Shandong Weijiao, Koppers Industries, etc. Global top five manufacturers hold a share about 15%. China is the largest market, with a share about 70%, followed by Japan and North America, total with a share about 15 percent. In terms of product, Medium Temperature Coal Tar Pitch is the largest segment, with a share about 45%. And in terms of application, the largest application is Aluminum Industry, followed by Graphite Electrodes, Roofing, etc.
The Global Info Research report includes an overview of the development of the Coal-Tar Pitch industry chain, the market status of Paving (Low-Temperature Coal-Tar Pitch, Medium-Temperature Coal-Tar Pitch), Roofing (Low-Temperature Coal-Tar Pitch, Medium-Temperature Coal-Tar Pitch), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Coal-Tar Pitch.
Regionally, the report analyzes the Coal-Tar Pitch markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Coal-Tar Pitch market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Coal-Tar Pitch market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Coal-Tar Pitch industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Low-Temperature Coal-Tar Pitch, Medium-Temperature Coal-Tar Pitch).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Coal-Tar Pitch market.
Regional Analysis: The report involves examining the Coal-Tar Pitch market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Coal-Tar Pitch market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Coal-Tar Pitch:
Company Analysis: Report covers individual Coal-Tar Pitch manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Coal-Tar Pitch This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Paving, Roofing).
Technology Analysis: Report covers specific technologies relevant to Coal-Tar Pitch. It assesses the current state, advancements, and potential future developments in Coal-Tar Pitch areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Coal-Tar Pitch market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Coal-Tar Pitch market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Low-Temperature Coal-Tar Pitch
Medium-Temperature Coal-Tar Pitch
High-Temperature Coal-Tar Pitch
Market segment by Application
Paving
Roofing
Others
Major players covered
Elkem
Himadri
The Garland Company
Gautam Zen International
Durapax
Konark Tar Products
Rain Carbon
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Coal-Tar Pitch product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Coal-Tar Pitch, with price, sales, revenue and global market share of Coal-Tar Pitch from 2019 to 2024.
Chapter 3, the Coal-Tar Pitch competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Coal-Tar Pitch breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Coal-Tar Pitch market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Coal-Tar Pitch.
Chapter 14 and 15, to describe Coal-Tar Pitch sales channel, distributors, customers, research findings and conclusion.