MarkNtel Advisors recently published a report, titled, ” Global Coal Tar Market By Type (High-Temperature Coal Tar, Medium Temperature Coal Tar, Low-Temperature Coal Tar), By End-User (Aluminum Industry, Graphite Electrodes, Roofing, Ink and Paint Industry, Tire Industry, Others (Carbon Fiber, Paving, Refractories)), By Application (Carbon Black, Pitch (Aluminum Grade, Binder and Impregnating Grade, Special Grade), Other. As per as the report Global Coal Tar Market Analysis, 2021,” the market is likely to grow at a CAGR of around 5% in the forecast period of 2021-26.
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Market Driver
The rapidly increasing demand for aluminum is likely to propel stringent regulations concerning vehicle emissions, resulting in the growing use of aluminum to manufacture lightweight aluminum components. The growth of the Global Coal Tar Market in the industry shall drive the demand for raw carbon materials & products, like petroleum coke, coal tar, anodes, and cathodes, and create lucrative opportunities in the forecast period.
Leading Companies in Global Coal Tar Market:
Bathco Ltd., Bilbaina de Alquitranes, S.A., Coopers Creek chemical corporation, Crowley Chemical Company, Inc., DEZA a. S, Hengshui Zehao Chemicals Co., Ltd., Himadri Speciality Chemicals Ltd, JFE Chemical Corporation, Koppers Inc., Mitsubishi Chemical Corporation, Neptune Hydrocarbons Mfg. Pvt. Ltd., Rain Carbon Inc., Shandong Jiefuyi.
Global Coal Tar Market Segmentation:
By Type
-Medium Temperature Coal Tar
-High Temperature Coal Tar
-Low Temperature Coal Tar
By End User
-Aluminum Industry
-Graphite Electrodes
-Roofing
-Ink and Paint Industry
-Tire Industry
-Others (Carbon Fiber, Paving, Refractories)
By Application
-Carbon Black
-Pitch
-Aluminum Grade
-Binder and Impregnating Grade
-Special Grade
-Wash Oil
-Others (Anthracene Oil Fraction, Tar Oil)
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By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific.
Key questions answered in the Global Coal Tar Market are:
•What is Global Coal Tar Market?
•What was the market size in 2023?
•What is the growth rate of the Global Coal Tar Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Global Coal Tar Market?
•What segments are covered in the Market?
•Who are the key players in the Global Coal Tar Market?
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