Global Coal Tar Market Growth 2025-2031

Global Coal Tar Market Growth 2025-2031

The global Coal Tar market size is predicted to grow from US$ 25300 million in 2025 to US$ 25930 million in 2031; it is expected to grow at a CAGR of 0.4% from 2025 to 2031.

Coal Tar (CAS 8007-45-2) is derived from coal. It is a byproduct of the production of coke, a solid fuel that contains mostly carbon, and coal gas. Coal tar is used primarily for the production of refined chemicals and coal-tar products, such as creosote and coal-tar pitch.

Global Coal Tar (CAS 8007-45-2) key players include Baowu Steel Group, Rain Industries Limited, JFE Chemical, OCI, etc. Global top four manufacturers hold a share nearly 15%.

China is the largest market, with a share about 70%, followed by Europe, and Japan, both have a share about 15 percent.

In terms of product, High Temperature Coal Tar is the largest segment, with a share about 75%. And in terms of application, the largest application is Carbon Black, followed by Pitch, Wash Oil, etc.

LP Information, Inc. (LPI) ' newest research report, the “Coal Tar Industry Forecast” looks at past sales and reviews total world Coal Tar sales in 2024, providing a comprehensive analysis by region and market sector of projected Coal Tar sales for 2025 through 2031. With Coal Tar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Coal Tar industry.

This Insight Report provides a comprehensive analysis of the global Coal Tar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Coal Tar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Coal Tar market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Coal Tar and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Coal Tar.

This report presents a comprehensive overview, market shares, and growth opportunities of Coal Tar market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
High Temperature Coal Tar
Medium Temperature Coal Tar
Low Temperature Coal Tar

Segmentation by Application:
Carbon Black
Pitch
Wash Oil
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Baowu Steel Group
Rain Industries Limited
JFE Chemical
OCI
Koppers
Baoshun
Huanghua Xinnuo Lixing
Shanxi Coal and Chemical
POSCO
Sunlight Coking
Himadri Chemicals & Industries
Nippon Steel & Sumitomo Metal
Mitsubishi Chemical
Jiangxi Black Cat
Ansteel

Key Questions Addressed in this Report

What is the 10-year outlook for the global Coal Tar market?

What factors are driving Coal Tar market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Coal Tar market opportunities vary by end market size?

How does Coal Tar break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.