Coal Tar Market 2017-2019 Forecasts for Global and Chinese Regional Research Reports at RnRMarketResearch.com

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Apr 09, 2015, 06:15 ET

DALLAS, April 9, 2015 /PRNewswire/ --

This research on Coal Tar Industry says that Major Global Coal Tar Companies are Koppers, RüTGERS Group, Nippon Steel & Sumikin Chemical Co. Ltd. And he Major Chinese Coal Tar Companies are Shanxi Coking Group Co., Ltd, Shanxi Hongte Coal Chemical Industry Co., Ltd., Shanghai Baosteel Chemical Co., Ltd, Henan Baoshun Chemical Technology Co., Ltd., Wuhan Iron and Steel (Group) Corp., Jiangxi Black Cat Carbon Black Inc., Ltd., Guanghui Energy Co., Ltd., Jiangsu Sihuan Bioengineering Co., Ltd., Huanghua Xinnuo Lixing Fine Chemical Co., Ltd., Shenmu Tianyuan Chemical Co., Ltd. of Shaanxi Coal and Chemical Industry Group, JFE Zhenxing Shandong Chemical Company Ltd.

Coal tar, a by-product of coke production, sees its output change with coke output. During 2005-2014, with China's increased demand for steel, coke output grew at an AAGR of 8.3%, reaching 476.90 million tons in 2014, with actual amount of coal tar recycled amounting to about 15.70 million tons. Coal tar producing areas are focused on Shanxi, Hebei, Shandong, etc, of which Shanxi contributed around 18% of the country's total output in 2014.

Main consumption markets of coal tar in China are deep-processed products (including phenol, anthracene, industrial naphthalene, coal tar pitch, etc.) and carbon black, with the former accounting for roughly 75% of coal tar consumption in 2014, the year in which China's deep-processing amount of coal tar touched 11.40 million tons or so, registering a CAGR of 13.3% over the last decade.

Coal tar deep-processed products are important raw materials for pharmaceuticals, agricultural chemicals, dyes, and synthetic fibers, with strong profitability, leading to investment in coal tar deep-processing projects by a large number of companies in China in recent years. In 2014, China boasted coal tar deep-processing capacity of 24.10 million tons, concentrated mainly in North China and East China, which together occupied a proportion of more than 60%.

Purchase a copy of this report (China Coal Tar Industry Report, 2014-2017) at http://www.rnrmarketresearch.com/contacts/purchase?rname=349139 .

There are more coal tar deep-processing companies in China with fierce industrial competition. In order to promote sound development of the industry and gradually eliminate backward capacities, the Ministry of Industry and Information Technology in Mar 2014 issued Access Conditions of Coking Industry, providing that anhydrous coal tar processing capacity of single facility shall be no less than 150 kt/a. In 2014, the top3 coal tar deep-processing companies in terms of capacity were Henan Baoshun Chemical Technology Co., Ltd. (1,050 kt), Shanghai Baosteel Chemical Co., Ltd. (800 kt), and Huanghua Xinnuo Lixing Fine Chemical Co., Ltd. (600 kt).

Henan Baoshun Chemical Technology Co., Ltd. has three coal tar processing bases, namely, Henan headquarters, Shandong Baoshun, and Xinjiang Baoshun, with the first now having coal tar processing capacity of 450 kt/a after closing down 200 kt in 2013, and the latter two each 300 kt/a, which was put into operation in Nov 2011 and May 2013, respectively.

Shanghai Baosteel Chemical Co., Ltd. now has coal tar processing capacity of 800 kt/a. In addition, the company, together with Inner Mongolia Yellow River Energy Technology Group, set up Wuhai Baohua Wanchen Coal Chemical Co., Ltd, to build projects of 600 kt/a coal tar deep processing, 200 kt/a carbon black, 100 kt/a benzene hydrogenation, 50 kt/a needle coke, and 50 kt/a ultra-high power electrode. The Phase I 300 kt coal tar processing project had gone into operation in Dec. 2014.

China Coal Tar Industry Report, 2014-2017 highlights the following:

Supply & demand, import & export, competitive landscape, price trend, and development forecast of the Chinese coal tar market;
Supply & demand, import & export, and price trend of the Chinese coal and coke markets;
Supply & demand, import & export, and price trend of the Chinese coal tar deep-processed products market (phenol oil, industrial naphthalene);
Operation, coal tar business, and development forecast of 17 global and Chinese coal tar processing companies.

Market Research Report on Global and Chinese Coal tar Industry, 2009-2019 (http://www.rnrmarketresearch.com/market-research-report-on-global-and-chinese-coal-tar-industry-2009-2019-market-report.html .) is a professional and in-depth market survey on Global and Chinese Coal tar industry. The report firstly reviews the basic information of Coal tar including its classification, application and manufacturing technology. The report then explores global and China's top manufacturers of Coal tar listing their product specification, capacity, Production value, and market share etc. The report further analyzes quantitatively 2009-2014 global and China's total market of Coal tar by calculation of main economic parameters of each company. The breakdown data of Coal tar market are presented by company, by country, and by application. The report also estimates 2014-2019 market development of Coal tar Industry. The report then analyzes the upstream raw materials, downstream clients, and current market dynamics of Coal tar Industry.

In the end, the report makes some proposals for a new project of Coal tar Industry and a new project of Coal tar Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2009-2014 global and China Coal tar industry covering all important parameters. Order a copy of this report (Market Research Report on Global and Chinese Coal tar Industry, 2009-2019) at http://www.rnrmarketresearch.com/contacts/purchase?rname=161207 .

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