Global Mesophase Pitch Market Growth 2025-2031

Global Mesophase Pitch Market Growth 2025-2031

The global Mesophase Pitch market size is predicted to grow from US$ 142 million in 2025 to US$ 216 million in 2031; it is expected to grow at a CAGR of 7.3% from 2025 to 2031.

Mesophase pitch is a type of carbonaceous material derived from the thermal treatment of certain petroleum or coal-tar pitches. It is a highly ordered liquid-crystalline phase that appears during the carbonization process when these pitches are heated to temperatures typically between 350°C and 500°C. Mesophase pitch has a unique molecular structure that consists of disc-shaped polycyclic aromatic hydrocarbons, which can align and stack into larger, anisotropic structures.

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.

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

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

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

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

Segmentation by Type:
Petroleum-Based Mesophase Pitch
Coal-Based Mesophase Pitch
Naphthalene-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 Mesophase Pitch market?

What factors are driving Mesophase Pitch market growth, globally and by region?

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

How do Mesophase Pitch market opportunities vary by end market size?

How does Mesophase Pitch break out by Type, by Application?

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