Global Coal-Tar Pitch Market Growth 2023-2029

Global Coal-Tar Pitch Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Coal-Tar Pitch Industry Forecast” looks at past sales and reviews total world Coal-Tar Pitch sales in 2022, providing a comprehensive analysis by region and market sector of projected Coal-Tar Pitch sales for 2023 through 2029. With Coal-Tar Pitch sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Coal-Tar Pitch industry.

This Insight Report provides a comprehensive analysis of the global Coal-Tar Pitch 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 Pitch portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Coal-Tar Pitch market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Coal-Tar Pitch 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 Pitch.

The global Coal-Tar Pitch market size is projected to grow from US$ 4448.1 million in 2022 to US$ 5773.8 million in 2029; it is expected to grow at a CAGR of 5773.8 from 2023 to 2029.

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.

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

Market Segmentation:

Segmentation by type
Low-Temperature Coal-Tar Pitch
Medium-Temperature Coal-Tar Pitch
High-Temperature Coal-Tar Pitch

Segmentation by application
Paving
Roofing
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 analyzing the company's coverage, product portfolio, its market penetration.
Elkem
Himadri
The Garland Company
Gautam Zen International
Durapax
Konark Tar Products
Rain Carbon

Key Questions Addressed in this Report

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

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

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

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

How does Coal-Tar Pitch break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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