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 Global Coal Tar Market report is an all-inclusive document on the current scenario of the global Coal Tar industry. The detail-oriented report consists of 250 pages and is an extensive database of vital information, statistical data, trends, and competitive analysis of the concerned sector. The data obtained from the study is corroborated by industry experts for the readers. The global Coal Tar market research report supplies information on the recent changes and advancements undertaken by the key market players, growth opportunities, market size, and regional analysis of competition, product demand, and market size.
The report is refurbished with the impact of the recent COVID-19 pandemic on the global Coal Tar market. The pandemic has dynamically changed the economic scenario of the world and has affected several segments of the market. The research report focuses on the present and future impact of this crisis to provide an extensive analysis of the market post-COVID-19 crisis.
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The report further offers an in-depth analysis of the key competitors of the market along with their product portfolio, financial standing, production and manufacturing capacity, expansion plans, strategic alliances such as mergers and acquisitions, and market position.
The Global Coal Tar Market is consolidated due to the presence of a large number of both domestic and international manufacturers. The international companies are resorting to innovative expansion strategies like mergers and acquisitions (M&A), joint ventures, and collaborations, in order to broaden their product range, thereby increasing the global market share. The competition among the major competitors is dependent on several elements viz., the supply chain, technological innovation, production capacity, and cost analysis.
Top key Companies in Coal Tar 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
The study offers a comprehensive analysis of market share, consumption, growth rate, and product type, and application growth. It further offers comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others.
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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
- Tire Industry
- Paint Industry
- Wood Preservation
- Marketing Channel Outlook (Revenue: USD Billion; Volume: Million Metric Tons; 2021–-2028)
The report further covers the analysis of the market share and size based on the key geographical regions. According to the regions, the market is primarily segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further predicts the regions expected to dominate the market in the upcoming years and provides an insight into the estimated share and CAGR for the forecast period.
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The Global Coal Tar Market is formulated through extensive primary and secondary research, which is further validated and verified by industry experts and professionals. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. Moreover, the report also offers a feasibility study and investment return analysis to assist the readers in making strategic investment plans.
Key takeaways of the Global Coal Tar Market report:
- The report sheds light on the fundamental Coal Tar market drivers, restraints, opportunities, threats, and challenges.
- It elaborates on the new, promising arenas in the leading Coal Tar market regions.
- It examines the latest research & development projects and technological innovations taking place in the key regional segments.
- The research report reviews the regulatory framework for creating new opportunities in various regions of the Coal Tar market
- It focuses on the new revenue streams for the players in the emerging Coal Tar markets.
- Furthermore, the report offers vital details about the rising revenue shares and the sizes of the Coal Tar key product segments.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Coal Tar Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Coal Tar Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Coal Tar Market Segmentation & Impact Analysis
4.1. Coal Tar Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Coal Tar Market indicators analysis
4.2.2. Coal Tar Market drivers analysis
22.214.171.124. Rapid urbanization and industrialization
126.96.36.199. Stringent government regulations regarding carbon emissions
188.8.131.52. Increasing prevalence of respiratory diseases
184.108.40.206. Rising need to enhance indoor air quality
4.2.3. Coal Tar Market restraints analysis
220.127.116.11. High cost associated with the maintenance of Coal Tar products
18.104.22.168. Availability of renewable sources of energy
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
Chapter 10. Competitive Landscape
10.1. Coal Tar Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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