Coal tar pitch market size to Increase by USD 691.21 million: APAC will account for 82% of the market's growth during the forecast period - Technavio

NEW YORK, Feb. 1, 2023 /PRNewswire/ -- The Coal Tar Pitch Market by Application, Type, and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 2.48% and register an incremental growth of USD 691.21 million during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF Sample Report.

Regional Analysis

By region, the global coal tar pitch market is segmented into APAC, Europe, North America, the Middle East and Africa, and South America. APAC will account for 82% of the market's growth during the forecast period. The growth of the construction industry is driving the growth of the regional market.

Company Profiles

The coal tar pitch market report includes information on the key products and recent developments of leading vendors, including:

• China Risun Group Ltd: The company offers a coal tar pitch for major coking and refined chemicals.
• China Steel Chemical Corp: The company offers coal tar pitch products such as advanced carbon for supercapacitors, used in various industries such as power support, energy support, and 3C memory backup.
• Coopers Creek Chemical Corp: The company offers coal tar pitch products such as Epoxy Resins and polyamide hardeners.
• DEZA AS: The company offers pitch and tar coal oils, used for industrial purposes.
• Himadri Speciality Chemical Ltd: The company offers coal tar pitches such as aluminum grade binder pitches, impregnated coal tar pitches, mesophase pitches, and graphite grade binder pitch.
• JFE Holdings Inc.
• Jining Carbon Group Co. Ltd.
• Konark Tar Products Pvt. Ltd.
• Koppers Holdings Inc.
• Lone Star Specialties LLC
• Mitsubishi Chemical Corp.
• Nippon Steel Corp.
• NLMK Group
• Quimica del Nalon SA
• To gain access to more vendor profiles available with Technavio, buy the report!

Market Dynamics

The market is driven by factors such as the increasing use of aluminum across various industries, the diverse use of activated carbon, and rising urbanization. However, the restrictions on using coal tar pitches are hindering the market growth.

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others. Request a Sample

Market Segmentation

• By application, the market is segmented into aluminum production, graphite electrodes and specialty graphite products, the carbon processing industry, and others. The aluminum production segment accounted for the largest share of the market.
• By geography, the market is segmented into APAC, Europe, North America, the Middle East and Africa, and South America. APAC held the largest share of the market.

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Coal to Liquid (CTL) Market by Product and Geography - Forecast and Analysis 2022-2026: The CTL market share is expected to increase to USD 786.36 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.08%. The abundant availability of coal is notably driving the coal-to-liquid (CTL) market growth, although factors such as volatile crude oil prices may impede the market growth.

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What are the key data covered in this coal tar pitch market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the coal tar pitch market between 2023 and 2027
• Precise estimation of the size of the coal tar pitch market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the coal tar pitch market across APAC, Europe, North America, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of coal tar pitch market vendors

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Table of Content

1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 01: Parent market
• Exhibit 02: Market characteristics

• 2.2 Value chain analysis
• Exhibit 03: Value chain analysis: Coal and consumable fuels

3 Market Sizing

• 3.1 Market definition
• Exhibit 04: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 05: Market segments

• 3.3 Market size 2020

• 3.4 Market outlook: Forecast for 2020 - 2025 
• Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
• Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

• 4.1 Five forces analysis 2020 & 2025

• 4.2 Bargaining power of buyers 
• Exhibit 09: Bargaining power of buyers

• 4.3 Bargaining power of suppliers 
• Exhibit 10: Bargaining power of suppliers

• 4.4 Threat of new entrants 
• Exhibit 11: Threat of new entrants

• 4.5 Threat of substitutes 
• Exhibit 12: Threat of substitutes

• 4.6 Threat of rivalry
• Exhibit 13: Threat of rivalry

• 4.7 Market condition
• Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Application

• 5.1 Market segments
• Exhibit 15: Application - Market share 2020-2025 (%)

• 5.2 Comparison by Application 
• Exhibit 16: Comparison by Application

• 5.3 Aluminum smelters - Market size and forecast 2020-2025 
• Exhibit 17: Aluminum smelters - Market size and forecast 2020-2025 ($ million)
• Exhibit 18: Aluminum smelters - Year-over-year growth 2020-2025 (%)

• 5.4 Graphite electrodes - Market size and forecast 2020-2025 
• Exhibit 19: Graphite electrodes - Market size and forecast 2020-2025 ($ million)
• Exhibit 20: Graphite electrodes - Year-over-year growth 2020-2025 (%)

• 5.5 Others - Market size and forecast 2020-2025 
• Exhibit 21: Others - Market size and forecast 2020-2025 ($ million)
• Exhibit 22: Others - Year-over-year growth 2020-2025 (%)

• 5.6 Market opportunity by Application 
• Exhibit 23: Market opportunity by Application

6 Customer Landscape

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 25: Market share by geography 2020-2025 (%)

• 7.2 Geographic comparison 
• Exhibit 26: Geographic comparison

• 7.3 APAC - Market size and forecast 2020-2025 
• Exhibit 27: APAC - Market size and forecast 2020-2025 ($ million)
• Exhibit 28: APAC - Year-over-year growth 2020-2025 (%)

• 7.4 Europe - Market size and forecast 2020-2025 
• Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
• Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)

• 7.5 North America - Market size and forecast 2020-2025 
• Exhibit 31: North America - Market size and forecast 2020-2025 ($ million)
• Exhibit 32: North America - Year-over-year growth 2020-2025 (%)

• 7.6 MEA - Market size and forecast 2020-2025 
• Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
• Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)

• 7.7 South America - Market size and forecast 2020-2025 
• Exhibit 35: South America - Market size and forecast 2020-2025 ($ million)
• Exhibit 36: South America - Year-over-year growth 2020-2025 (%)

• 7.8 Key leading countries 
• Exhibit 37: Key leading countries

• 7.9 Market opportunity by geography 
• Exhibit 38: Market opportunity by geography

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges
• Exhibit 39: Impact of drivers and challenges

• 8.3 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 40: Vendor landscape

• 9.3 Landscape disruption
• Exhibit 41: Landscape disruption
• Exhibit 42: Industry risks

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 43: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 44: Market positioning of vendors

• 10.3 China Steel Chemical Corp. 
• Exhibit 45: China Steel Chemical Corp. - Overview
• Exhibit 46: China Steel Chemical Corp. - Business segments
• Exhibit 47: China Steel Chemical Corp. - Key offerings
• Exhibit 48: China Steel Chemical Corp. - Segment focus

• 10.4 Coopers Creek Chemical Corp.

• 10.5 Himadri Speciality Chemical Ltd. 
• Exhibit 52: Himadri Speciality Chemical Ltd. - Overview
• Exhibit 53: Himadri Speciality Chemical Ltd. - Business segments
• Exhibit 54: Himadri Speciality Chemical Ltd. - Key offerings
• Exhibit 55: Himadri Speciality Chemical Ltd. - Segment focus

• 10.6 Industrial Quimica del Nalon SA 
• Exhibit 56: Industrial Quimica del Nalon SA - Overview
• Exhibit 57: Industrial Quimica del Nalon SA - Product and service
• Exhibit 58: Industrial Quimica del Nalon SA - Key offerings

• 10.7 JFE Holdings Inc.
• Exhibit 59: JFE Holdings Inc. - Overview
• Exhibit 60: JFE Holdings Inc. - Business segments
• Exhibit 61: JFE Holdings Inc. - Key offerings
• Exhibit 62: JFE Holdings Inc. - Segment focus

• 10.8 Koppers Inc.
• Exhibit 63: Koppers Inc. - Overview
• Exhibit 64: Koppers Inc. - Business segments
• Exhibit 65: Koppers Inc. - Key offerings
• Exhibit 66: Koppers Inc. - Segment focus

• 10.9 Nippon Steel Corp.
• Exhibit 67: Nippon Steel Corp. - Overview
• Exhibit 68: Nippon Steel Corp. - Business segments
• Exhibit 69: Nippon Steel Corp. - Key offerings
• Exhibit 70: Nippon Steel Corp. - Segment focus

• 10.10 NLMK Group
• Exhibit 71: NLMK Group - Overview
• Exhibit 72: NLMK Group - Business segments
• Exhibit 73: NLMK Group - Key offerings
• Exhibit 74: NLMK Group - Segment focus

• 10.11 Rain Carbon Inc.
• Exhibit 75: Rain Carbon Inc. - Overview
• Exhibit 76: Rain Carbon Inc. - Product and service
• Exhibit 77: Rain Carbon Inc. - Key offerings

• 10.12 Sumitomo Corp.
• Exhibit 78: Sumitomo Corp. - Overview
• Exhibit 79: Sumitomo Corp. - Business segments
• Exhibit 80: Sumitomo Corp. - Key news
• Exhibit 81: Sumitomo Corp. - Key offerings
• Exhibit 82: Sumitomo Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Currency conversion rates for US$ 
• Exhibit 83: Currency conversion rates for US$

• 11.3 Research methodology
• Exhibit 84: Research Methodology
• Exhibit 85: Validation techniques employed for market sizing
• Exhibit 86: Information sources

• 11.4 List of abbreviations 
• Exhibit 87: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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