Skip to main content

Coal Tar Pitch Market to Witness a Healthy Growth during 2018 – 2028

 Tier-1 companies in coal tar manufacturing represent 60-70% share of the total market revenue. With massive coal tar distillation capacities across the globe, these players in coal tar pitch landscape maintain their focus on both, standard grade and special grade coal tar pitch (CTP) production.

Tier 2 players have a strong presence over restricted regions, whereas that of Tier 3 competitors is limited to regional sales. Standard grade coal tar pitch is the key focus area for the latter two, according to Future Market Insight’s study on the global coal tar pitch landscape.

“Production facility expansion, strategic acquisitions, and CTP product innovation will remain the key developmental strategies trending among leading players,” says a senior research analyst at FMI. The analyst adds further, “Massive Aluminum demand from automotive and transportation sectors has been pushing the Aluminum production levels 4-5% (yearly) since the recent past. Growing demand for lightweight vehicles is among the most impactful factors driving the consumption of Aluminum, subsequently contributing to sales of coal tar pitch”.

Long-term Contractual Partnerships & Backward Integrated Supply Rule Strategic Minds of Coal Tar Pitch Manufacturers

While manufacturers of coal tar pitch are preferring long-term supply contracts with leading coal tar manufacturers, FMI has also identified these players entering strategic partnerships with steel manufacturers, where coal tar is often the byproduct of coke processing ovens. A few other activities that make this landscape dynamic include long-term contracts between manufacturers of coal tar pitch and those of primary aluminum and graphite electrode, with a sole objective to sustain the coal tar pitch supply to end markets.

Visit For Sample>> https://www.futuremarketinsights.com/reports/sample/rep-gb-7186

Aluminum Grade CTP Holds a Winning Revenue Share in Coal Tar Pitch Market

Application-wise, around 80% revenue share belongs to the aluminum electrode, according to the study. As coal tar pitch is increasingly being consumed by aluminum smelters lowing to higher sustainability and economic feasibility, the mushrooming Aluminum production is constantly driving the growth of coal tar pitch landscape. In 2019, the revenue of Aluminum grade coal tar pitch is pegged for over 5% Y-o-Y growth. Besides, Graphite electrode is also slated for promising performance and the application base of coal tar pitch as a chemical intermediate in carbon black manufacturing is visibly growing.

Development of Specialized ‘Zero QI Impregnating’ Coal Tar Pitch Expands Applicability

A specialized ‘impregnating’ pitch obtained by processing coal tar at a high temperature is widely used in the Graphite industry during the electrode manufacturing process. The resultant technological advancements in the life of electrodes pushes CTP applications in roofing, coating, electrode, refractory, and others.

China Commands over Global Coal Tar Pitch Landscape, India Leads Asia Pacific’s CTP Scenario

China, India, Russia, and Western Europe have a significant aluminum production base, whereas MEA is demonstrating promising growth in coal tar pitch landscape in recent years. North America, however, is observing passive growth over the recent past, post decline in the aluminum production levels.

For any queries linked with the report, ask an analyst >> https://www.futuremarketinsights.com/ask-question/rep-gb-7186

According to the FMI’s report, China is the global leader in coal tar pitch ecosystem owing to significant Aluminum production and thriving production levels of Graphite electrode. China is projected for a 6% year on year revenue growth by this year’s end, reflecting ample growth opportunities for coal tar pitch manufacturers.

On the other side, APAC’s market for coal tar pitch is witnessing growth concentration in India that has been attributed to an impressive rate of Aluminum production in the country.

Table Of Content

1. Executive Summary

     1.1. A gist of the report, highlighting the key takeaways

    1.2. Market Overview

    1.3. Market Analysis

    1.4. FMI Analysis and Recommendations

    1.5. Wheel of Fortune

2. Market Introduction

    2.1. A definition of Coal Tar Pitch and related market taxonomy

    2.2. Market Definition

    2.3. Market Taxonomy

    2.4. Analyst Credentials

    2.5. About FMI

3. Coal Tar Pitch Market Background

    3.1. Tracking the market scenario, with key inferences drawn from historical data, current trends, and future prospects

    3.2. Macro-Economic Factors

        3.2.1. Global Aluminum Production Forecast

        3.2.2. Global Aluminum Production By Region

        3.2.3. Global Smelter Production and Capacity

        3.2.4. List of Global Aluminum Producers

        3.2.5. Overview of Per-Capita Aluminum Consumption (KG) by Country, 2016

        3.2.6. Global Aluminum Semi-Finished Product Consumption Overview

        3.2.7. Global Graphite Electrode Market Demand Overview

        3.2.8. World Steel Production in 2017

        3.2.9. China Coal Tar Industry Overview

    3.3. Global Economic Outlook

        3.3.1. Global GDP by Region and Country

        3.3.2. Overview of Global Chemical Industry

    3.4. Market Dynamics

        3.4.1. Drivers

        3.4.2. Restraints

        3.4.3. Trends

    3.5. Value Chain Analysis

    3.6. Forecast Factors – Relevance & Impact

    3.7. Global Coal Tar Pitch Supply Demand Analysis

        3.7.1. Global Supply demand scenario

        3.7.2. Top 10 importers and exporters coal tar pitch

        3.7.3. Key Strategies Adapted By Major Players

4. Global Coal Tar Pitch Market Analysis 2013–2017 and Forecast 2018–2028

    4.1. An overview of the global market size and future projections

    4.2. Market Volume (Tons) Projections

    4.3. Pricing Analysis

    4.4. Market Size Projections

        4.4.1. Y-o-Y Projections

        4.4.2. Absolute $ Opportunity Analysis

5. Global Coal Tar Pitch Market Analysis 2013–2017 and Forecast 2018–2028, by Form

    5.1. Introduction

        5.1.1. Market Value Share Analysis By Form

        5.1.2. Y-o-Y Growth Analysis By Form

    5.2. Historical Market Size (US$ Mn) and Volume (Tons) By Form, 2013–2017

    5.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Form, 2018-2028

        5.3.1. Solid

        5.3.2. Liquid

    5.4. Market Attractiveness Analysis By Form

Comments

Popular posts from this blog

Frozen Foods Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2032

 The Frozen Foods Market has experienced a significant transformation in recent years and continues to be a prominent and dynamic segment of the global food industry. As we move into 2033, this market remains a crucial part of modern lifestyles, offering a wide variety of convenient and preserved food options for consumers. The growth of the Frozen Foods Market is fueled by changing consumer preferences, technological innovations, and an ever-increasing demand for convenient, time-saving, and nutritious meal solutions. In 2033, the Frozen Foods Market is expected to continue its upward trajectory, as more consumers seek the benefits of frozen products. This market encompasses an extensive range of items, from frozen vegetables and fruits to ready-to-eat meals, appetizers, and desserts. The versatility and extended shelf life of frozen foods have made them an essential staple in many households. Consumers are drawn to the convenience of having quick, easy-to-prepare, and

Automotive Filters Market Share and Growth Factors Impact Analysis 2029

 The global automotive filters market is expected to experience significant growth over the forecast period, due to the increasing demand for advanced automotive systems and the rising demand for fuel-efficient and eco-friendly vehicles. Automotive filters are used to remove contaminants, such as dust, dirt, and debris, from the air, oil, and fuel in a vehicle. The market is segmented based on type, vehicle type, and region. Based on type, the market is divided into air filters, oil filters, fuel filters, and others. The air filter segment is expected to dominate the market, due to the increasing demand for advanced air filtration systems in vehicles. Based on vehicle type, the market is classified into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger cars segment is expected to dominate the market, due to the increasing demand for passenger cars and the increasing adoption of advanced filtration systems in passenger cars. Geographi

Iris Biometrics Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2032

 The Iris Biometrics Market stands as a testament to the ever-evolving landscape of biometric technology, offering a unique and highly secure method of identity verification and authentication. The iris, with its intricate and individualistic patterns, has captured the attention of both security experts and technology developers as a reliable means of confirming one's identity. This market has gained prominence across various industries, ranging from border control and law enforcement to access control systems in government institutions, corporate offices, and even consumer devices. The market's growth is fueled by the increasing need for robust identity verification solutions in a world where security breaches and identity theft are becoming more prevalent. Unlike traditional authentication methods such as passwords and PINs, iris biometrics offer a high level of security and accuracy, as the iris pattern is virtually impossible to replicate. The technology prov