Coal Tar Market

The global coal tar market size is expected to reach USD 18.64 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Growth of the coal tar market is driven significantly by need for coal tar pitch in aluminum smelting processes.

Another key factor driving growth of this market is rapidly increasing consumption of coal tar pitch in aluminum smelting due to rising demand for aluminum for a range of industrial manufacturing and construction applications. Coal tar pitch is used in asphalt for blacktop of roads, as a base for paints and coatings, and also as binder in asphalt products, in addition to being widely used in steel and aluminum production. 

The report has been formulated through extensive primary and secondary research along with a breakdown of the information to offer an exhaustive analysis of the Coal Tar market. The data includes accurate market insights, essential market facts, and key statistical information further validated by the industry experts that help readers get a complete idea of the Coal Tar industry.

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Some Key Findings in the Report:

  • In February 2020, Epsilon Carbon announced plans to expand its coal tar distillation project and after it received environmental clearance along with other necessary clearance regarding the expansion.
  • Asia Pacific accounted for largest revenue share in 2020, which can be attributed to factors such as increasing demand for coal tar from industries such as aluminum, paint, dyes, and photographic materials in countries in the region.
  • Key players operating in the market are Himadri Speciality Chemical Ltd., Voestalpine AG, Rain Carbon Inc., Industrial Química del Nalón S.A, DEZA, a. s., Bilbaína de Alquitranes, S.A., Koppers Inc., Nagreeka Hydrocarbons (P) Ltd., Neptune Hydrocarbons Mfg. Pvt. Ltd., and Tar Alliance AM.

Coal Tar Market Segmentation:

For the purpose of this report, Emergen Research has segmented the global coal tar market based on type, application, end-use, marketing channel, and region as follows:

  • Type Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2021–-2028)
    • Low Temperature Coal Tar
    • Medium Temperature Coal Tar
    • High Temperature Coal Tar
  • Application Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2021-2028)
    • Coal Tar Pitch
    • Carbon Black Oil
    • Specialty Oils
  • End-use Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2021–-2028)
    • Aluminum Industry
    • Roofing
    • Tire Industry
    • Paint Industry
    • Wood Preservation
    • Others
  • Marketing Channel Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2021–-2028)
    • Online
    • Offline

Regional Segmentation of the Market:

  • North America (U.S.., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Major Objectives of the Study:

  • To offer a comprehensive analysis of the market scenario to derive an accurate forecast of the market and its major segments
  • Accurate insights into the future growth prospects of the market through an analysis of the influencing factors
  • Analysis of vital aspects of the market including cost analysis, supply chain analysis, Porter’s Five Forces analysis, SWOT analysis, and investment return analysis
  • Extensive historical and forecast estimation of the market revenue based on its key segments and key regions
  • Comprehensive analysis of the competitive landscape of the market along with exhaustive profiling of the key competitors, product portfolio, and manufacturing and production capabilities

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope 
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Coal Tar Market Segmentation & Impact Analysis
    4.1. Coal Tar Market Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. High demand for aluminum in automotive industry
                    4.2.2.2. Medicinal properties of Coal Tar
          4.2.3. Market restraints analysis
                    4.2.3.1. Environmental pollutions
                    4.2.3.2. Fluctuation in the coal prices
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

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Contact Information:

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

Facebook | LinkdIn | Twitter | Blogs