Global Coal Tar Pitch and Petroleum Pitch Market Growth 2024-2030

Global Coal Tar Pitch and Petroleum Pitch Market Growth 2024-2030

Coal tar pitch and petroleum pitch are materials used for producing high-performance carbon materials. Coal tar pitch is derived from the distillation of coal and has high viscosity and pitch content, while petroleum pitch comes from refining petroleum. Both are used in manufacturing strong carbon fibers and graphite electrodes, offering excellent thermal stability and mechanical properties, though they differ in structure and application.

The global Coal Tar Pitch and Petroleum Pitch market size is projected to grow from US$ 142 million in 2024 to US$ 216 million in 2030; it is expected to grow at a CAGR of 7.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Coal Tar Pitch and Petroleum Pitch Industry Forecast” looks at past sales and reviews total world Coal Tar Pitch and Petroleum Pitch sales in 2023, providing a comprehensive analysis by region and market sector of projected Coal Tar Pitch and Petroleum Pitch sales for 2024 through 2030. With Coal Tar Pitch and Petroleum 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 and Petroleum Pitch industry.

This Insight Report provides a comprehensive analysis of the global Coal Tar Pitch and Petroleum 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 and Petroleum 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 and Petroleum Pitch market.

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

Global key players of Mesophase Pitch include Mitsubishi Rayon, Solvay, Nippon Graphite Fiber, KUREHA, Liaoning Novcarb, etc. The top five players hold a share about 96%. Asia-Pacific is the world's largest market for Mesophase Pitch and holds a share about 57%, followed by North America and Europe, with share about 29% and 11%, separately. In terms of product type, Petroleum-Based Mesophase Pitch is the largest segment, accounting for a share about 43%. In terms of application, Aerospace & Defense is the largest field with a share about 66 percent.

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

Segmentation by Type:
Petroleum-Based Mesophase Pitch
Coal-Based Mesophase Pitch

Segmentation by Application:
Aerospace & Defense
Industrial Manufacturing
Electronic Products
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.
Mitsubishi Rayon
Solvay
Nippon Graphite Fiber
KUREHA
Jining Carbon Group
Liaoning Novcarb
Himadri Speciality Chemical
ECO Environmental Investments Limited
Guangdong Coal-based Carbon Materials Reseach
Momentum Materials Solutions Corp.

Key Questions Addressed in this Report

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

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

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

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

How does Coal Tar Pitch and Petroleum Pitch break out by Type, by Application?

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